The main theme of the document is the impact of distributed ledger technology (DLT) on global capital markets.
The document examines the advantages of DLT throughout the securities lifecycle, including real case applications, building a DLT-based ecosystem, and legal and regulatory aspects ensuring safe innovation. It includes an analysis of the current state and assesses the impact on various stages of the securities lifecycle, such as primary market, secondary trading, clearing and settlement, custody, and asset servicing.