Seven Trends at the Frontier of Blockchain Banking

Blockchain technology is bringing enormous changes to financial services.

Innovative entrepreneurs are continuing to define a wide scope of commercial applications for blockchain, the digital ledger technology (DLT) best known for its use with cryptocurrencies. Enthusiasts tout the blockchain’s features, such as anonymity and accountability without the involvement of intermediaries or central control, as “transformational for the financial services industry…during the next ten years.”

Cryptocurrencies are already altering the investment segment and catching the attention of regulators.

Seven applications of distributed ledger technology could redefine banks’ offerings and operations.

Some banking analysts...