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Deloitte Report: 76% Of Financial Executives Believe Digital Assets Will Replace Fiat Within 5 To 10 Years

Mary Liu

Summary: Deloitte, one of the world's four largest accounting firms, released a report titled "2021 Global Blockchain Survey".  The report conducted a sample survey of 1,280 senior managers and practitioners in 10 regions. The report states: "Our team agrees that digital assets will replace fiat currencies in the next 5 to 10 years. More than three-quarters ...

Deloitte, one of the world's four largest accounting firms, released a report titled "2021 Global Blockchain Survey". 

The report conducted a sample survey of 1,280 senior managers and practitioners in 10 regions. The report states: "Our team agrees that digital assets will replace fiat currencies in the next 5 to 10 years. More than three-quarters (76%) of overall respondents and FSI (financial services industry) respondents believe that change will occur. For FSI Pioneers, this number jumped to 94%."

73% of FSI Pioneers stated that their companies should adopt blockchain and digital assets, otherwise they will face the risk of losing their competitive advantage, while 81% of respondents claimed that digital asset technology has broad scalability and Mainstream adoption has been achieved.

By Mary Liu

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