“The future of financial infrastructure: An ambitious look at how blockchain can reshape financial services”

In collaboration with Deloitte, the World Economic Forum has compiled a comprehensive report on the future of financial infrastructure and the role of Distributed Ledger Technology (DLT) therein.

The key findings are:

  1. DLT has great potential to drive simplicity and efficiency through the establishment of new financial services infrastructure and processes
  2. DLT is not a panacea; instead it should be viewed as one of many technologies that will form the foundation of nextgeneration financial services infrastructure
  3. Applications of DLT will differ by use case, each leveraging the technology in different ways for a diverse range of benefits
  4. Digital Identity is a critical enabler to broaden applications to new verticals; Digital Fiat (legal tender), along with other emerging capabilities, has the ability to amplify benefits
  5. The most impactful DLT applications will require deep collaboration between incumbents, innovators and regulators, adding complexity and delaying implementation
  6. New financial services infrastructure built on DLT will redraw processes and call into question orthodoxies that are foundational to today’s business models

WEC Report

The report is available at http://www.weforum.org/. Download PDF

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