Blockchain, in 10 years financial transactions can not do without it
Darla Mercado on the CNBC website writes that 10 years from now the blockchain will be part of every transaction and will provide governments with a way to track how their currency is being used. This technology will drive down the cost of escrow, bank accounts and transfers around the world because it eliminates intermediaries.
A survey from PricewaterhouseCoopers revealed that 84 percent of executives polled said that their companies are “actively involved” with blockchain. The firm polled 600 executives in 15 territories.
Most investors won’t necessarily invest directly in the burgeoning technology, but they can likely count on it being an active part of financial transactions in the future.