KPMG: 'Blockchain Continues to Draw Significant Investor Attention'

With the first half of 2018 coming to a close, leading global audit firm KPMG is reviewing the impact of blockchain on the maturing fintech market.

On July 31, KPMG published its global report on fintech investment trends for H1 2018.

In its 2018 Pulse of Fintech report, KPMG recognizes the burgeoning blockchain industry as a significant source of growth for fintech worldwide.

"Based on our experience, the rapid growth in blockchain investment overall can likely be attributed to a number of factors - including the widespread applicability of blockchain to help harness efficiencies within financial institutions."

"Blockchain's capabilities extend from recordkeeping and the registration of transactions to documentation management and supply chain management. While it has primarily been looked at from a banking and insurance point of view to date, the reality is blockchain opportunities abound and could enhance processes for any number of US and global businesses."

With rising application and emerging regulation, the global blockchain industry is continually drawing more retail and institutional investor attention.

"Blockchain and AI will likely continue to be key priorities for fintech investors."

"Southeast Asia is becoming very significant for the development of blockchain. The cultural ecosystem, economy, and many governments are focused on driving blockchain development."

It's evident that emerging regulations and institutional solutions are driving blockchain towards legitimacy and increasingly drawing more investor interest heading into the second half of the year.

The easiest way to stay current with the most important blockchain news and crypto insights.