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73% of Finance Pros Think Blockchain Tech Can Thrive Without Bitcoin
A new survey suggests that many finance professionals see a bright future for blockchain technology – just not one involving bitcoin.
Greenwich Associates, a market intelligence firm, recently released its "Distributed Ledgers in Capital Markets: Answering the Big Questions" survey, which follows previous publications that focus on quantifying Wall Street's growing relationship with bitcoin and blockchain technology.
When asked whether Wall Street legal and compliance professionals will trust asset transfers that occur via a blockchain. Thirty-two percent indicated that they believe this trust will definitely take shape, whereas 38% of the 55 respondents queried said they believe this trust will come about "eventually".