Report: Banks Are Spending $1.7 Billion Each Year on Blockchain

Adoption of the blockchain within the financial services industry is on an intense upward trajectory, according to the findings of management consulting company Greenwich Associates. They have found that the industry is spending about $1.7 billion per year on the technology.
Banking Industry Spends $1.7 Billion Each Year on Blockchain as Products Are Rolled Out
While the banking industry remains in strong opposition to the cryptocurrency market for a number of disruptive reasons, banks and other