Waters Wrap: The changing definition and perception of blockchain
Anthony says that questions of definition and perception are killing DLT projects in the capital markets—oh, and a lack of proven implementations.
About three months ago, one of our reporters, Theo Normanton, set out to examine Digital Asset Holdings—its past, present, and future. The thinking was this:
The blockchain revolution that was promised in the mid-2010s never materialized outside of crypto in the capital markets. When it comes to settlement, post-trade, and back-office workflows, it’s still just a lot of experimentation and low-level implementations—we’re nowhere near distributed ledger technology settling trades in large equities
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