After successful demonstration of proof-of-concept and proof-of-value, Blockchain began delivering clear and indisputable benefits in 2019.
In 2020, while proven use cases in trade finance, payments and identity will continue to see investments, the push for adoption coming from new use cases which justify the large-scale transformation and replacement of systems of record will also pick up pace.
Moving beyond the promise of cost reduction and unparalleled efficiency, banks will discover the technology’s potential to reduce risk, build stickiness within their ecosystems, and even generate revenue. How? Read our forecast to find out.
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