CFOs Take Another Look at Digital Currencies
October 12, 2021
Gartner Says Nearly Half of Finance Leaders Plan to Assess Digital
Currencies for Business in 2022
Among CFOs sentiment was slightly more favorable, with 50% saying they intended to assess the risks and opportunities of digital currencies for their organization next year (see Table 1).
Table 1: Survey Responses (Q: What do you anticipate your level of personal involvement will be in assessing the risks and opportunities related to digital currencies for your company?)
Note: Percentages may not add to 100 due to rounding
Source: Gartner (October 2021)
“While the actual adoption in most corporate settings may not happen
right away, it’s clear that digital currencies are beginning to make
finance leaders sit up and notice,” said Bant. “But interest remains
tentative at this stage with around a quarter of respondents expecting
their personal involvement to be quite limited and only a few percent
expecting to take full leadership of digital currency initiatives.”
Digital currencies and blockchain are often incorrectly conflated as the
same thing. Gartner experts advise that blockchain may be useful for
organizations even when digital currencies are not. Blockchain is a
digital ledger in which each cryptographically signed record contains a
timestamp and reference links to previous transactions. The records on a
blockchain ledger are irrevocable and are shared by all participants in
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