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Editorial Rating

7

Qualities

  • Overview
  • Concrete Examples
  • For Experts

Recommendation

The banking industry is realizing the potential value of blockchain-based technologies in its operations in a variety of ways. In this expert overview, professionals at the Boston Consulting Group identify seven unique aspects of blockchain banking that are likely to unfold in the coming years. Financial services executives and corporate leaders will find this a useful assessment of the intersection of banking and blockchain.

Take-Aways

  • Blockchain technology is bringing enormous changes to financial services.
  • Seven applications of distributed ledger technology could redefine banks’ offerings and operations.
  • Banks will likely build new capabilities and reconfigure their businesses.

About the Authors

Bernhard Kronfellner et al. are professionals at the Boston Consulting Group.