Post by raihanali12 on Jan 4, 2024 4:36:02 GMT -5
Business leaders perceive blockchain as a critical tool that will continue to revolutionize their businesses. More than 80% of them believe that blockchain will facilitate the integration of contactless transaction procedures, expand business opportunities and ensure compliance with financial reporting requirements. Investment banks have also reported significant savings of billions of dollars through the implementation of blockchain technologies. According to a global study, the vast majority of senior executives expressed confidence in 87% of cases that blockchain technology will serve as a catalyst for the development of the integration of contactless business processes.
19 Additionally, a significant 86% of executives believe that blockchain will be a key enabler in enabling the development of new business functions and the creation of new revenue streams in their respective industries. 19 When it comes to Phone Number List
blockchain-related financial reporting requirements, 83% of organizations expressed confidence, saying they are “very or somewhat confident” in meeting these obligations.
20 Blockchain technologies have demonstrated significant cost reduction potential in various aspects of the financial industry. The world's largest investment banks have reported significant numbers, including a 70 percent potential reduction in centralized financial reporting costs as a result of blockchain adoption. 20 They also identified potential cost savings of 30% to 50% on regulatory compliance, 50% on centralized operations, and another 50% on general business operations. 20 Attitude of Company Managers to Blockchain Technology
19 Additionally, a significant 86% of executives believe that blockchain will be a key enabler in enabling the development of new business functions and the creation of new revenue streams in their respective industries. 19 When it comes to Phone Number List
blockchain-related financial reporting requirements, 83% of organizations expressed confidence, saying they are “very or somewhat confident” in meeting these obligations.
20 Blockchain technologies have demonstrated significant cost reduction potential in various aspects of the financial industry. The world's largest investment banks have reported significant numbers, including a 70 percent potential reduction in centralized financial reporting costs as a result of blockchain adoption. 20 They also identified potential cost savings of 30% to 50% on regulatory compliance, 50% on centralized operations, and another 50% on general business operations. 20 Attitude of Company Managers to Blockchain Technology