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Insurance sector's expectations of time till blockchain has impact, as of 2016

The statistic displays a comparison of the opinions of senior executives from financial institutions on the time it will take blockchain technology to have a material impact, from surveys taken in February and May of 2016. Between February and May 2016, the majority opinion of respondents' shifted from suggesting blockchain technology would have an impact within five years to the majority saying the technology would not have an impact for at least five years.

Global insurance sector's opinion of time until blockchain has a material impact, as of May 2016

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Sources

Release date

January 2017

Region

Worldwide, United States

Survey time period

February and May 2016

Number of respondents

15 respondents

Special properties

Senior executive leadership in financial institutions

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Statistics on "Insurance industry in the United States"

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