Crunch Time IV
Blockchain for Finance
What CFOs need to know
Blockchain technology is widely misunderstood, but there’s no doubt it has the potential to disrupt the business of Finance.
Ten minutes into a discussion with a group of blockchain professionals, one CFO shook his head. “This is ridiculously ambiguous,” he complained. And it didn’t take long for others to agree. In response, we set out to demystify blockchain for CFOs, focusing on how finance organizations can apply blockchains to streamline processes, improve controls, and transform finance operations.
Deloitte is pleased to release the latest installment in our Finance in a Digital WorldTM Crunch time series, Blockchain for Finance, which is a practical guide for finance organizations that want to understand options for blockchain and make effective decisions about moving forward. It features more than a dozen Frequently Asked Questions finance teams can use to make sense of blockchain technology, as well as a high-level roadmap for adoption. It also includes a seven-point checklist for CFOs who are thinking about embarking on the blockchain journey.
If your finance team is considering whether blockchain could make sense for your organization, check out Blockchain for Finance, which is a great place to start looking at your options. Then, let’s talk about potential implications for your organization.
More on the Finance in a Digital World—Crunch Time series:
You can also examine other digital disruptors and their impacts in our original Crunch time reports. Whatever your interest, one thing is clear: from cloud computing and robotics to analytics, cognitive technologies, and blockchain, a new class of digital disruptors is transforming how the work of Finance gets done.