Online Casino Payment Regulatory Changes The Primary Driver

Regulatory changes the primary driver of broader integration Financial/professional services industry likely to see the most blockchain breakthroughs     REGULATORY complexity is having a significant impact on widespread blockchain adoption online casino payment according to an EY poll of senior professionals who attended the EY Global Blockchain Summit in New York. Sixty one percent see regulatory complexity as the biggest barrier to widespread adoption, followed by integration with legacy technology (51%) and a lack of general understanding of blockchain’s.

Capabilities (49%). Despite regulatory complexity online casino payment respondents cite changes to regulation as the primary driver for the integration of blockchain technology into the broader enterprise ecosystem (37%), followed by adoption of blockchain as a digital currency by top companies (23%) and acceptance of the technology among central banks (18%). Paul Brody, EY Global Innovation Leader, Blockchain Technology, says, “As blockchain platforms become more mainstream, putting a robust governance model in place will be key. This coupled with establishing.

Best practices for reviewing the integrity of cryptocurrencies and their applications can help build trust in the company’s underlying assets online casino payment ensuring stakeholder voices are heard and ultimately instilling greater investor confidence.”To meet clients’ needs, EY recently announced the pilot of the EY Blockchain Analyzer, a suite of blockchain audit technologies that enhances the ability to perform in-depth reviews of cryptocurrency business transactions.” US to experience greatest surge of blockchain adoption globally The poll also revealed that the.

US is expected to see the greatest adoption of blockchain globally within the next two years. Almost one-third of respondents (28%) expect the US to experience the highest surge online casino payment far ahead of China which ranked second with 18%. Japan (13%) and the UK (12%) came further behind in third and fourth positions. EY announces four key blockchain transitions on the horizon Organisations are making an active effort to integrate blockchain into their business functions as they look.