We are living in an age of rapid change. The internet has changed the way we shop, learn, listen to music, watch tv and travel. The financial industry is similarly experiencing huge shifts and financial companies are looking at new technologies as they emerge and deciding whether or not to embrace them and the new opportunities they provide.
One of the more recent technological developments that holds potential for the financial industry is distributed ledger technology, or DLT. This report, published by European Central Bank, explores what exactly this new technology is and what the potential implications and benefits are for the world’s financial market infrastructure.