Get Bold with Blockchain

Abstract

Distributed ledger is a technology that offers the potential to significantly disrupt the financial services industry through a new paradigm that could ultimately result in the trade and settlement cycles across many assets shrinking from days to seconds. As with many new technologies, the hype cycle is in full effect, with many highlighting the huge potential of the technology without any references to the fact that market infrastructures evolve through decades not years, and where regulation often lags several years behind technology advances.