Blockchain could save financial institutions $10B by 2030: Ripple By Cointelegraph

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© Reuters.

Blockchain has the potential to save financial institutions approximately $10 billion in cross-border payment costs by the year 2030, according to a recent report.

Published by digital payments network , in collaboration with the United States Faster Payments Council (FPC) on July 29, the report surveyed 300 finance professionals across 45 countries from various sectors such as fintech, banking, media, consumer technology and retail.

Ripple and U.S. Faster Payments Council report. Source: Ripple