99% of banks, investment firms experimenting with blockchain

“Currently, 99% of banks and investment firms either have interest or are already experimenting with blockchain technology and 10% have already implemented it into their processes,” TEKsystems Senior Consultant John Myers told Coin Rivet at its latest networking event, which took place in London last week.

“CEOs at every bank, investment firm, think tanks and companies in general are interested in blockchain and I strongly believe that within 10 years, this amazing technology will be everywhere, including governments around the world, private enterprises, the education sector and businesses of all levels,” he adds.

Myers explains that blockchain decentralises services and makes governments and businesses more transparent and adds, “blockchain will do to corruption, what humans have not been able to do to it: end it”.

TEKsystems is an Allegis Group company, the largest private talent management firm in the world and a leading provider of IT staffing and services, deploying over 80,000 IT professionals at 6,000 client sites across North America, Europe and Asia.

The London-based firm admits that the IT world is male-dominated. TEKsystems recruiter Melissa Usher says “the inclusion of woman in the growing blockchain sector will make the industry that much better.”

Bronagh Fogarty, the company’s senior account manager, says blockchain technology is developing so quickly it “is changing month by month, which means experts need to keep up with innovations as we at TEKsystems recognise that blockchain is going to be at the forefront of IT.”