TD Bank: 90% of Finance Professionals Think Blockchain Will Have a Positive Impact

Rick Burke, Head of Corporate Products and Services at TD Bank, commented that “the varied responses indicate that the technology’s specific capabilities and implications are still a great unknown for many finance professionals.”

  • 90 percent of treasury and finance professionals think that blockchain and distributed ledger technology (DLT) will positively affect the payments industry
  • 14 percent of the respondents said that their organization has training strategies for blockchain.
  • 45 percent of the respondents said their organization has training strategies for data and analytics
  • 29 percent of respondents think that the top impact of DLT and blockchain is its ability to enhance audit trails.
  • 22 percent thinks the top potential of this technology is speeding up the payment process
  • 21 percent think it’s improving cross-border payments
  • 18 percent said reducing payments fraud.

https://www.google.com/amp/s/cointelegraph.com/news/td-bank-90-of-finance-professionals-think-blockchain-will-have-a-positive-impact/amp

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