The complexity of Blockchain: A new blockchain study released by global constultancy firm Accenture indicates that major commercial banks across the US, Europe and Canada are currently exploring the use of blockchain technology for digital payments but the majority remain hesitant to embrace it fully.
According to a new report, titled "Blockchain Technology: How banks are building a real-time global payment network", nine out of 10 banking professionals surveyed said they believed blockchain-based initiatives can be used to reduce costs, reduce errors and speed up payments. Jaxx blockchain wallet to Integrate Zcash The Accenture statistics were based on an August/September survey of 32 top commercial banking professionals including executives from 11 of the top 20 US, Canadian and European banks by assets. Thirty percent of the banks were found to be in the "advanced stages" of adopting blockchain technology for payments – with executives indicating that they are either "at the forefront of the revolution" or "engaged in production implementation."
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