Fully understand blockchain in banking with this report.
| | How banks are using blockchain technology to streamline processes and cut costs… Nearly every global bank is experimenting with blockchain technology as they try to unleash the cost savings and operational efficiencies it promises to deliver. Banks are exploring the technology in a number of ways, including through partnerships with fintechs, membership in global consortia, and via the building of their own in-house solutions. In a new report from BI Intelligence, we outline why and in what ways banks are exploring blockchain technology, provide details on three major banks' blockchain efforts based on in-depth interviews, and highlights other notable blockchain-based experiments underway by global banks. We also discuss the likely trends that will emerge in the technology over the next several years, and the factors that will be critical to the success of banks implementing blockchain-based solutions. Among the big picture insights you'll get from this report, titled The Blockchain in Banking Report: How Banks are Experimenting with Blockchain Technology and the Solutions that are Most Likely to See Success:  | | | - Most banks are exploring the use of blockchain technology in order to streamline processes and cut costs. However, they are also looking to leverage additional advantages, including increased competitiveness with fintechs, and the ability to use the technology to create new business models.
- Banks are starting to narrow their focus, and are increasingly honing in on tangible use cases for blockchain technology that solve real problems faced by their businesses.
- Regulators are taking an increased interest in blockchain technology, and they're working alongside major banks to develop regulatory frameworks.
- Blockchain-based solutions will start to emerge in different areas of financial services. The most successful solutions will solve specific problems for banks and attract a large enough network to create widespread benefits.
This exclusive report also: - Outlines banks' experiments with blockchain technology
- Details blockchain projects at three major banks – UBS, Credit Suisse, and Banco Santander – based on in-depth interviews
- Discusses the likely trends that will emerge in the technology over the next several years
- Highlights the factors that will be critical to the success of banks implementing blockchain-based solutions
- And much more.
The Blockchain in Banking Report is how you get the full story. To get your copy of this invaluable guide, choose one of these options: - Bundle and save 92% today when you access the Ultimate Fintech Report Bundle. You will gain immediate access to this report and 48 others on some of the most important topics impacting the financial technology space. BUY THE BUNDLE AND SAVE 92% »
- Purchase the report and download it immediately from our research store. BUY THE REPORT »
The choice is yours. But however you decide to acquire this report, you've given yourself a powerful advantage in your understanding of the fast-moving world of fintech. | |  | | Copyright © 2017 Business Insider, Inc. All rights reserved. |  | | | |
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