The survey shows that more than half of the respondents believe that the blockchain may completely change the UK financial services industry.

According to Hedgeweek, a survey by Intertrust shows that the vast majority (94%) of UK financial services decision makers believe that artificial intelligence (AI) is the most likely to completely change the industry in the next five years, far exceeding the blockchain ( 53%) and the Internet of Things (24%). In addition, about 83% of respondents believe that artificial intelligence, robotics and blockchain are most likely to replace or significantly change operational roles, followed by accounting (82%) and compliance (65%).