Blockchain in Financial Markets and Beyond

Blockchain, the system that relies on networked computers which keep a record of all the transactions that have gone through it, has become an increasingly significant component of FinTech. Blockchain is only going to grow in importance in the way it disrupts and challenges the traditional financial services industry. Many financial institutions (FIs) are already starting to invest in this technology, with Deutsche Bank, Santander, NASDAQ and Barclays are just four examples of FIs which have been actively exploring how to utilise blockchain within their existing frameworks.

Many big banks and some governments are already implementing blockchains as distributed ledgers to revolutionize the way information is stored and transactions occur. Banks are eager to stay competitive, and therefore need to further explore their options with regard to how they can make the most of this technology and where the business value might lie. Readers will learn: what blockchain is, where it came from and where it is likely to go; how it can be incorporated into a financial organisation using case studies; what are the challenges regarding regulation and oversight in addition to issues of privacy; what solutions to current problems does blockchain offer and how it can be utilised to ensure banks do not get left behind or rendered redundant by the increasingly significant technology.

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