November 30, 2022 (Investorideas.com Newswire) According to CryptoMonday.de, 92% of Banks executives say their organizations are either offering or planning to offer blockchain services.
Commenting on the data, Jonathan Merry, CEO of Cryptomonday, said: “Banks have long been reluctant to embrace blockchain technology, but with so many seeing the potential benefits, it’s clear that this attitude is changing. Banks now recognize that they need to keep up with new technologies in order to stay competitive and serve their customers better.”
One of the main benefits of blockchain for banks is cost savings. Blockchain enables banks to reduce the costs associated with specific processes like compliance, settlement, and record keeping. This can help banks save significant amounts of money, which can then be used in other activities that generate additional revenue. The full story and statistics can be found here: 92% Of Banks Executives Say Their Banks Are Already Offering or Planning to Offer Blockchain Services
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