The areas that are poised for dramatic change using blockchain networks
The blockchain
technology is shaking up multiple appetites while remaining immature until now. According to the new IBM study, conducted by the IBM Institute for
Business Value (IBV), many banking institutions are prioritizing blockchain
efforts in order to break down current barriers to creating new business models
and reaching new markets.
I can also
observe that, for financial markets institutions, seven out
of 10 trailblazers surveyed are focusing their blockchain efforts on four
areas: clearing and settlement, wholesale payments, equity and debt issuance,
and reference data.
