Posts tagged cryptocurrencies
Gartner Says 20% of Large Enterprises Will Use Digital Currencies by 2024

Twenty percent of large organizations will use digital currencies for payments, stored value or collateral by 2024, according to Gartner, Inc. The prediction has important implications for CFOs as they assess use cases and potential risks for digital currencies, which will be used more in business transactions and grow in overall economic significance in the years ahead.

Read More
Gartner Says Nearly Half of Finance Leaders Plan to Assess Digital Currencies for Business in 2022

A September 2021 survey of 251 CFOs and other finance leaders revealed that 47% intend to assess digital currencies for business in 2022, according to Gartner, Inc. A February poll centered on bitcoin adoption showed 84% of finance leaders said they would never hold bitcoin as a corporate asset and pointed to a range of risks associated with holding the currency.

Read More
The Future of Money is Digital for Traditional Banks, According to Everest Group Findings

Everest Group reports the year 2020 and Q1 2021 produced a seven-fold surge in retail and institutional investments in cryptocurrencies and related crypto assets, driven by increased investor demand, pandemic-fostered digitalization and clarity in regulatory tenets. The cryptocurrency market hovered around $2 trillion through April 2021 and is projected to reach $24 trillion by 2027. Traditional banks are realizing digital assets are the future of money.

Read More
Blockchain for Enterprise Applications Market Segmentation, Application, Technology & Market Analysis Research Report 2025

In the past year, blockchain has become a controversial global phenomenon, with the technology perceived as either a solution for whatever ails society or “rat poison squared” as Warren Buffet describes Bitcoin. In 2018, we are witnessing the launch of blockchains carrying commercial traffic and moving beyond proof-of-concept (PoC) demonstrations, though the selected applications have yet to demonstrate the capacity and scale of credit card networks. Blockchain-powered international trade finance coming online is just one example.

Read More
European Blockchain Spending to Reach $3.5 Billion By 2022, According to IDC

Europe will be the second-largest investor in blockchain technologies, according to IDC's latest “Worldwide Semiannual Blockchain Spending Guide”. With a compound annual growth rate (CAGR) of 80.2 percent for 2017–2022, Europe will increase its spending from around $400 million in 2018 to $3.5 billion in 2022, helping it to close the gap with the U.S., the biggest blockchain investor.

Read More