Tag: Paul Mitchell

PwC study shows four out of five executives (84%) surveyed report blockchain initiatives underway - China to overtake US as leading blockchain developer within three to five years - Trust, regulatory uncertainty identified as biggest barriers to business adoption - 84% of executives surveyed by PwC report that their organisations are involved with blockchain technology – 15% state they are fully live.

Boards and management teams are, or will soon be, compelled to consider the implications of the direct impact of cryptocurrencies on their businesses, and the potential indirect impact from several angles. In addition, there is considerable potential for new business models, which are starting to emerge in many areas.

A large majority of global banks, insurers and investment managers intend to increase their partnerships with FinTech companies over the next 3 - 5 years and expect an average return on investment of 20% on their innovation projects, according to a new PwC report Redrawing the lines: FinTech’s growing influence on Financial Services.