The second annual Blockchain in Payments Report reveals widespread adoption of blockchain-based payments by financial service providers. Strong adoption signals that both customers and providers have proven the value and feasibility of blockchain. Moreover, trust has been won.
To further fuel innovation and increase adoption speed, factors including simplified implementation and regulatory clarity are necessary. These factors are highly likely to be met over the next two years given the competitive drive exhibited by survey respondents and the collaborative efforts of providers and regulators.