Most corporate professionals believe regulation is the biggest factor holding back wider blockchain adoption, according to an Ernest and Young survey of 83 senior finance and technology professionals at EY’s Global Blockchain Summit in New York.

A majority of respondents, 61 percent, cited “regulatory complexity” as the largest factor impeding blockchain adoption while around half also cited integration problems with legal technology, or a lack of understanding of blockchain capabilities as barriers.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]