Gartner study shows companies will adopt digital currencies by 2024

According to a study by Gartner, at least 20% of large companies will use digital currencies as a means of payment by 2024. and thus use the power of decentralized financing (DeFi) between profits, guarantees, added value and payments, as CIO Peru announced on December 27 on its web portal.

The growing acceptance of cryptocurrencies in traditional payment platforms and the rise of digital central bank currencies (CBDC) will force many large companies to incorporate digital currencies into their applications in the next few years. Digital currencies are primarily used by these organizations for payments, store of value, and the ability to capitalize on the high income investments available in Decentralized Financial (DeFi) applications. highlights the site in relation to a statement by Avivah Litan, vice president analyst in the consulting firm’s IT practice.

The report of lGartner consulting firm recommends corporate finance directors review all cases of digital currency use before evaluating the suitable IT stacks for integration in companies.

Gartner study shows companies will adopt digital currencies by 2024
Gartner study shows companies will adopt digital currencies by 2024

“Since the beginning of the year we have noticed an increased interest in digital currencies and blockchain applications among CFOs. While cryptocurrency volatility remains an issue, the expectation of clearer regulatory guidance and the emergence of CBDCs now offer CFOs more opportunities to pressure use cases for the coins. added Gartner Head of Finance Research Alexander Bant

Gartner predicts that the CBDC will have a period of 12 to 24 months to gain good acceptance from suppliers and consumers and thus end the banking crisis caused by more than 39 years of global inflation

For the consulting firm’s finance manager, macro pressures related to persistently high inflation and its impact on traditional fiat currencies could lead more CFOs to explore digital currencies.

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