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    Home » Survey: Only 3% of Americans are ready to use banking solutions on the blockchain

    Survey: Only 3% of Americans are ready to use banking solutions on the blockchain

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    By BlockchainJournal on December 24, 2018 News
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    According to the results of a survey conducted by FOTON researchers, only 3% of US residents are ready to use blockchain-based banking products. This is reported by CCN .

    Despite the fact that Ripple and R3 closely cooperate with large financial institutions, and the banking giant BBVA recorded a loan of $ 150 million in the Ethereum blockchain, 3,000 out of 5,000 respondents see no real advantages in distributed registry technology.

    Of the 5,000 respondents, only 3% (150 people) are ready to use banking services on the blockchain; 34% – are ready for this only after the technology is further developed and becomes popular; 63% do not want to use such solutions.

    “Blockchain” has become a truly buzzword in 2016-2017, but the bear market of the outgoing year has significantly cooled the interest of companies in this industry. Nevertheless, the researchers note, the technology itself has not disappeared anywhere – its capabilities are explored by 90% of US and European banks.

    Recall that in the spring of this year, IBM representatives expressed confidence that by 2030 the market volume of blockchain solutions would reach $ 3.1 trillion .

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