Home CryptocurrencyAltcoins The Majority of Financial Service Providers Seeking Blockchain Integration

The Majority of Financial Service Providers Seeking Blockchain Integration

by Pragati Shrivastava
, The Majority of Financial Service Providers Seeking Blockchain Integration

In the second annual Blockchain in Payments Report presented by Ripple, 75% of financial service providers are interested in digital assets and seeking to position themselves well for the widespread adoption of blockchain-based payments. Strong adoption signals trust, and both customers and providers have proven the value and feasibility of blockchain. The main focus is leaning toward innovation and adopting blockchain into the corporate, enterprise and retail environments, but a few things need to happen first: speed and scalability of the network, ease of use for mainstream consumer adoption, and regulatory clarity. These three things are being addressed as we speak and projections are that over the next two years, we’re going to see development and adoption hit overdrive.

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