According to a survey of 151 conference attendees conducted by Capital One, blockchain technology surpassed the Internet of Things and artificial intelligence, which garnered 17% and 9% of the vote, respectively. In total, 53% said that big data analytics and alternative payments would have the most impact by 2020.
Blockchain technology ranked favorably in a question on the future of financial security, with 17% of respondents indicating it will have the biggest impact on payments fraud prevention over the next three to five years.
Blockchain technology was edged out by biometrics (28%) and tokenization (27%), though it garnered more responses than EMV (14%) and facial recognition (12%).
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