FERF report examines The Potential Use of Blockchain Technology by Financial Executives
The Financial Executives Research Foundation (FERF) has released a report prepared in partnership with one of the ‘Big Four’ accounting and consulting firms Deloitte, on how blockchain technology is being employed in financial applications, Accounting Today reported May 9.
The report, “Blockchain for Financial Leaders: Opportunity vs. Reality,” examines how blockchain could affect financial reporting, staffing and other areas of importance to executives. The researchers surveyed a group of financial executives and found 30 percent of the respondents plan to commit resources to blockchain within the next year and a half, though they don’t know yet what potential the technology holds.
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