Integrated Ventures Inc (INTV)

[Scotttrader80]

June 15, 2018 -- ADVFN Crypto NewsWire -- Research published by U.S. based market intelligence firm Greenwich Associates shows huge growth in the budgets banks are setting aside for blockchain technology development. The study interviewed around 200 global institutions that are working with blockchain technology.


The global financial services industry totalled $1.7 billion in 2017 toward the technology. This is a 67% increase from the year prior.

10% of the surveyed banking institutions reported increases to $10 million or more.

14% percent claimed to have already deployed a blockchain solution.

75% expect shift from proof-of-concepts to live production within the next two years.

50 percent of the executives interviewed said that implementing the technology "was harder than they expected."

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