Blokcheyn represents an important innovative technology for the development of the financial infrastructure. Blokcheyn capable of destroying the existing business model, according to a World Economic Forum report.
A comprehensive report entitled "The future of financial infrastructure: an ambitious look at how blokcheyn can change the financial services" took 129 pages. His training, which was attended by industry leaders and experts in the field of financial services, it took one year.
The steering committee responsible for the report, included the vice-president of consulting firm Deloitte & Touche, Robert contry, president of Thomson Reuters David Craig, executive director of HSBC, John Flint, top managers of Deutsche Bank, UBS, Braclays, Visa, Allianz - Kim Hammonds, Axel Lehmann, Maikan Hart, William Sheedy, Dieter Vemmer.
The study presents the results of an in-depth analysis of the seven cases, the use of a distributed registry technology: in international payments, processing insurance claims, trade finance / lending, debt capital raising, automated settlement of disputes and claims in the voting in the management of investment and market forecasting.
The report cites six key conclusions about the future blokcheyn technology in the financial area.
Distributed Registry Technology (TPP) has great potential to simplify and improve efficiency through the establishment of new processes and infrastructure for financial services.
TPP is not a panacea for all ills; on the contrary, it should be regarded as one of the many technologies that will form the foundation for the infrastructure of the financial services of the next generation.
Application of the TPP will depend on specific cases, implementation techniques will vary depending upon the desired goals.
A digital identity is a critical technology that could expand the scope of applications within the new verticals. Digital fiat money (legal tender), along with other features, have the ability to gain the benefits of technology.
To create breakthrough applications require close cooperation between operators, developers and regulators.
New blokcheyn infrastructure of financial services is able to destroy the existing processes and business models.
Study WEF recalls that more than 24 countries around the world are investing in the distributed registry technology, more than 90 companies have formed several consortia for its development, more than 90 central banks of the world are involved in the discussion of the implementation of technology, and over the past three years, investment in the industry amounted to more than $ 1, 4 billion.