Overwhelming Majority Believes Crypto & Blockchain Tech Is The Future Of Finance—Sygnum
Digital asset bank Sygnum recently conducted a survey to assess the impact of blockchain technology in comparison to crypto assets.
According to the results, a substantial 81% of respondents believe that crypto assets are crucial for the future of global finance.
This survey underscores a significant shift in perceptions toward cryptocurrencies. Historically, the banking industry has approached digital assets with skepticism — primarily due to concerns about their volatility, regulatory ambiguity and the threat they pose to traditional finance.
The survey also notes a nuanced preference for blockchain technology. See below.
Comparative Analysis: Blockchain Vs. Crypto Assets
About 90% of respondents acknowledged the crucial role of blockchain tech over crypto assets (81%).
This preference underscores the industry’s recognition of blockchain’s operational efficiencies and cost-saving benefits, particularly in the context of tokenized financial instruments and automated trading systems.
It reflects a growing interest in blockchain’s potential to revolutionize traditional financial processes, while still affirming the significant role that crypto assets play in this transformation.
The Sygnum survey’s findings also signal a departure from traditional financial mechanisms toward more decentralized, blockchain-based alternatives.
These alternatives are touted for their enhanced transparency, efficiency, and accessibility, potentially leading to a more inclusive and resilient financial system.
Whether investor sentiment toward cryptocurrencies turns positive, in line with the survey’s consensus, remains to be seen.