Understanding Applications of Blockchain for Finance and Accounting: Use Cases, Investments, and Ecosystem Challenges

Understanding Applications of Blockchain for Finance and Accounting: Use Cases, Investments, and Ecosystem Challenges

This IDC Perspective offers areas of consideration for finance blockchain use cases, third-party service investments, and blockchain platforms and discusses challenges that could create barriers to adoption."Buyers should look to service providers that have end-to-end blockchain services and domain expertise. Many enterprises have looked to blockchain service providers that they've had existing relationships with especially in regard to innovation engagements," says Ali Close, manager, Digital Business Operations and Analytics Services. "Because blockchain is still growing in awareness and adoption, service providers are keen to codevelop and explore blockchain initiatives with clients."

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