London, 11 February 2016 – Financial institutions are spending time and resources to find out how much business they can gain by adopting blockchain technology. This hype on the bank side might not correspond to similar interest from corporations, nor it is clear whether blockchain technology creates similar business opportunities for each side. It looks like banks and corporations are not the only ones involved, however.
This report investigates the gap between banks and their corporate clients, assessing to what degree blockchain technology is part of corporate practitioners’ domain expertise, and suggests four possible blockchain scenarios for business around the globe: bank-centric, bank-to-corporation, corporation-to-corporation, and machine-to-machine scenarios. It is based on Aite Group interviews of bank and corporate representatives and technology experts.
This 27-page Impact Note contains nine figures. Clients of Aite Group’s Wholesale Banking & Payments service can download this report.