SWIFT and Accenture Identify Critical Factors for Blockchain Adoption
Posted: Wed Apr 20, 2016 8:55 am
SWIFT and Accenture have released a new paper investigating how Distributed Ledger Technologies (DLTs) could be used in financial services. As a technology assessment, SWIFT and Accenture identified gaps between existing DLT solutions and industry requirements.
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They determined eight critical factors that need to be addressed for industry wide adoption of DLTs including: strong governance, data controls, compliance with regulatory requirements, standardisation, identity framework, security and cyber defence, reliability, and scalability.
David Treat, a managing director and global head of Accenture’s Capital ... (read more)