SettleMint & Fujitsu - Blockchain in Capital Markets 2023
Summary
The report focuses on the potential of blockchain and distributed ledger technologies (DLT) in capital markets, specifically for enterprises seeking to build or adopt new solutions. It highlights the known benefits and use cases of DLT in this industry. One key finding is that existing arrangements for data sharing are considered insufficient, indicating a need for improvement. This suggests that blockchain and DLT solutions can provide a more efficient and secure way of sharing data among market participants.
The report emphasizes that the benefits offered by DLT outweigh the additional costs associated with upgrading and ongoing governance. This implies that the advantages gained from implementing DLT in capital markets, such as increased transparency, reduced settlement times, and improved operational efficiency, justify the investment required.
Furthermore, the report outlines the roles of both existing and emerging market participants in the adoption of DLT solutions. It recognizes that a wide range of participants are involved in capital markets, and their engagement is crucial for the successful implementation of blockchain and DLT technologies.
Additionally, the report highlights in-production solutions that are gaining adoption. While the specific solutions are not mentioned, this indicates that there are real-world applications of DLT in capital markets that are being actively used and embraced by market participants.
Overall, the report provides insights into the potential benefits, use cases, market participant roles, and in-production solutions related to blockchain and DLT in capital markets. It serves as a valuable resource for enterprises and stakeholders interested in exploring and leveraging these technologies in the financial industry.
Region:
Global
Published:
May 2023
Author(s):
SettleMint & Fujitsu
Language:
English