KPMG

Deloitte Survey: Crypto Will Rival or Replace Fiat Within 10 Years

In brief The majority of finance professionals thought that blockchain has a lot of potential in their businesses. But many said there are major obstacles, such as old infrastructure, patchy regulatory frameworks, and glaring cybersecurity risks. Deloitte's annual global blockchain survey has found that 76% of finance professionals think that digital assets “will serve as a strong alternative to, or outright replacement for, fiat currencies in the next 5–10 years.”Deloitte is one of the “Big Four” accounting firms along with KPMG, EY, and PwC. It’s conducted a blockchain survey for