Deloitte: Financial institutions to boost future blockchain spending

Cointelegraph

Published Nov 25, 2020 02:48PM ET

Updated Nov 26, 2020 04:40PM ET

Many financial institutions are poised to increase their blockchain spending in 2021, according to an upcoming survey from Deloitte titled "Financial Services Industry Outlooks 2020."

Preliminary results shared with Cointelegraph indicate that 27% of the institutions surveyed expect a “slight increase in spend” for blockchain and distributed ledger technology, while 14% are expecting a large increase. A further 33% expect no change, with the remaining 27% looking to cut their expenditure slightly.

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