Standards crucial to future of blockchain

Distributed ledger technology risks fragmentation as multiple contenders emerge

bitcoin-grid
Joining the dots: interoperability will only work if standards are put in place

Blockchain technology has caught the imagination of capital markets players, with its promise of leapfrogging the costly work of modernising legacy systems, transforming data normalisation and reconciliation processes, sharing reference data and bringing more transparency to the markets. As the initial excitement dies down and efforts get under way to find the best uses for the technology, the conversation is turning to standardisation.

Much of the discussion about distributed ledger technology

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