Forty percent of senior finance executives expect their firms to invest in blockchain technology over the next two years, according to a recent survey by audit firm Grant Thornton LLP. That’s in addition to the 22 percent who report their firms have already implemented the technology.
This marks a dramatic change from only a year ago, when blockchain was more talked about than practiced, according to Chris Stephenson, Business Consulting principal at Grant Thornton LLP and author of the report.
In its 2019 CFO Survey, Grant Thornton along with partner CFO Research surveyed 378 senior finance executives in companies with revenues between $100 million to $20 billion. Most of these are headquartered in the U.S.