Despite over a decade of discussion surrounding blockchain in finance, skepticism remains prevalent among finance professionals. Key concerns include uncertainty about practical applications, a lack of industry-wide adoption, skill gaps, and trust issues. Additionally, many professionals view the existing systems as sufficient, questioning the necessity of blockchain. A study revealed that only 13.7% of financial advisers engage with clients on cryptocurrencies, indicating a significant knowledge gap. However, by 2025, blockchain is poised to shift from experimental to essential in finance through regulatory adjustments, increased adoption of stablecoins, and significant institutional investments. Blockchain enhances banking operations by streamlining settlements, improving compliance procedures, and facilitating cheaper, faster cross-border payments. In accounting and auditing, it strengthens data security and transparency, although challenges such as the lack of standardization and evolving regulations remain. For CFOs, blockchain is a practical tool for financial reporting and risk management. The article emphasizes that financial professionals should acknowledge blockchain’s practicality and start integrating it into their operations strategically.

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