In the bank-to-corporation scenario, transaction services running on the blockchain consensus distributed ledger will enable corporate users to benefit from the foundational characteristics of blockchain: speed, accessibility, and transparency—all values that inspire corporate executives’ decisions.
December 3, 2015
These days, blockchain is a blockbuster at banks. Financial institutions are spending time and resources to find out how much business they can gain by adopting this new technology. This hype on the bank side might not correspond to similar interest from corporations. Nor it is clear whether it creates similar business opportunities for either side. My ongoing research investigates how large the (usual) gap is between banks and their corporate clients, assessing to what degree blockchain technology is part of corporate practitioners’ domain expertise.