Blockchain and Distributed Ledger Technologies (DLT) are bringing disintermediation to nearly all industries. A survey from Greenwich Associates highlights that financial and technology firms are expected to invest more than US$1 billion to bring blockchain technology to capital markets in 2016. According to the World Economic Forum, financial services will be transformed by this technology, with the expectation that at least 10 percent of the global GDP will be stored on blockchain platforms by 2025.
DLT can be defined as a database that can be shared across the network. Underlying this technology is blockchain that consists in a decentralized ledger that operates in a transparent environment.
Inside magazine issue 13, October 2016
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