Financial institutions can save $10 billion in international transactions through fast, reliable and transparent settlements on the blockchain. This is stated in research Ripple and the Council to Accelerate Payments.
About 300 financial professionals from 45 countries participated in the survey. Of these, 97% believe blockchain will play a critical role in accelerating payments over the next three years.
According to more than half of the respondents, the majority of entrepreneurs will begin to accept cryptocurrencies as a means of payment in the next three years.
“Results [исследования] demonstrate the dissatisfaction of world payment leaders with outdated rails for cross-border payments,” Ripple noted.
In July, Mastercard Chief Digital Officer Jörn Lambert spoke about the need to combine blockchain and traditional finance. In his opinion, this will contribute to the mass adoption of distributed ledger technology.
In March, investment bank Goldman Sachs filed a patent application for a solution that integrates blockchain technology into the interbank settlement mechanism.
Recall that the Bank for International Settlements allowed the appearance of 15 CBDC by 2030. According to the report of the organization, 93% of central banks were working on their digital currencies in 2022.
Subscribe to ForkLog on social networks
Found a mistake in the text? Select it and press CTRL+ENTER
ForkLog Newsletters: Keep your finger on the pulse of the bitcoin industry!
2023-07-30 07:46:52
#blockchain #save #financial #institutions #billion #ForkLog
