Banks and financial firms are planning to release commercial-grade blockchain services within the next two years, two surveys published today by IBM show.
Of the financial markets operators asked the same question, 14% suggested that they would have their own services online by that date.
"In effect, 2017 looks to be the year banking on blockchains shifts from zero to sixty," the company said of the results.
The bulk of those surveyed see commercial-grade products hitting the market sometime by 2020. In the case of banks, 51% percent anticipate releases within that time period, with 34% anticipating that they would do so after 2020.
That data was mirrored among financial markets stakeholders, the surveys show.
Fifty-six percent said they expect to have services online by 2020, with the remaining 30% suggesting that they might release something after that time.
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