[Skip to content]

Sign up for our daily newsletter
The Actuary The magazine of the Institute & Faculty of Actuaries
s
.

Blockchain to save financial services $7bn by 2024

Financial institutions will save $7bn (£5.43bn) by 2024 thanks to blockchain technology and the automation of customer checks, a market research firm has found. 


07 NOV 2019 | CHRIS SEEKINGS
web_blockchain_iStock-996981156.png
Blockchain to digitally transform operations ©iStock


In a new report, Juniper Research explained how blockchain enables real-time clearing and settlements for business-to-business transactions while offering increased transparency and reduced costs.

Read the full story on our Predictions site here.