Yesterday, Netherlands-based credit management firm
Onguard published results of a survey conducted by Verdict about the awareness of blockchain and its benefits in the financial services industry. The report found that about 29% of finance professionals had no idea what blockchain is, and 19% did not know how it could be used within finance, giving a combined 48%.
The results are based on a survey of 1,000 finance professionals by Onguard.
However, the most significant lack of awareness was in the more junior ranks. Over 57% of CFO’s are already using or planning to use blockchain. But it seems this knowledge is not trickling down the hierarchy. About 52% of finance professionals said blockchain was never mentioned in meetings. However, 45% of CFOs said they talk about blockchain once a week, and 17% said they discuss the technology every day.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
