What does the Deloitte blockchain survey mean for financial services?

This year’s Deloitte Blockchain survey has a special focus on the views of blockchain pioneers in financial services. The proliferation of digital as a means of exchange and a store of value is leading to seismic shifts in the global financial services industry (FSI), especially through the growth of new business models.

Is blockchain scalable?

Blockchain is gaining traction today, but critics who question the scalability, security, and sustainability of the technology remain. Deloitte member firms across the globe are collaborating to build blockchain capabilities to develop world class solutions and services for clients.

Does blockchain have a future?

As one sign of this trend, consulting firm Deloitte has identified more than 24,000 aborted, largely financial, blockchain projects on the GitHub software-development platform in 2016 alone. Yet Hamilton still says blockchain has incredible potential. “There will be things that we try which simply blow up in our faces,” he says.