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21% US enterprises to invest in blockchain for compliance

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AxiomSL specializes in compliance reporting tools for banks and other financial services enterprises. The company surveyed attendees at their events in June in New York, Singapore, and Sydney. Twenty-one percent of US executives said their company planned to invest in blockchain for compliance, compared to 8% in 2017. The results were from an annual survey of senior-level risk and regulatory executives in the Americas and Asia-Pacific (APAC) regions. The company conducted the survey in June in New York, Singapore, and Sydney. Other technologies received a bigger vote of confidence. Unsurprisingly over the next three years the vast majority plan to invest in data analytics: 87% of Americas and 74% of APAC respondents. Data mining and analysis came second with 59% from the Americas and 63% of APAC.

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