Consulting firm Accenture estimated eight of the world's largest investment banks could realize an average of $10 billion in annual cost savings, by 2025, assuming blockchain technology reaches widespread use. "The Newest Bank Blockchain: Will This Be the Breakthrough?" at 7:33 a.m. ET, incorrectly stated that the financial services industry could realize an average of $10 billion in cost savings.

(END) Dow Jones Newswires

February 28, 2017 14:46 ET (19:46 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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