Much has been made about distributed ledgers and particularly Blockchain in recent years. Improved security through a higher level of encryption, increased trust through the removal of intermediaries and a faster pace of transactions are commonly cited benefits.

On the downside, critics are lamenting Bitcoin’s mining monopoly and lack of regulation and compliance that surround the technology.

In the financial services sector, no other disruptive technology has caused quite such a stir. Distributed ledger technology is now being used for smart contracts, proof of ownership, voting systems and other decentralized use cases.

The future of blockchain

According to the World Economic Forum, 10% ... (read more)