The Role of Distributed Ledger Technology in Banking

Explores the impact of DLT in the banking industry from different technical, regulatory, business, and theoretical aspects.

This book explores the impact of DLT in the banking industry, combining theory and practice to allow the reader to take advantage of the contributors' different perspectives on different disciplines. It explains DLT's potential benefits, latest developments, and the regulatory implications in banking.Distributed Ledger Technology (DLT) is a way of managing, storing, and sharing information over a distributed network. The position of DLT in banking can be seen as controversial as it is a rapidly evolving technology with both potential benefits and challenges. The Role of Distributed Ledger Technology in Banking presents a balanced assessment of both the opportunities and risks behind such recent innovations. Combining theory and practice, it explores the impact of DLT in the banking sector and offers the opportunity to exploit different points of view from different disciplines. It presents topics from both a theoretical and practical point of view, highlighting concrete applications. Written by a team of experts from academia and the banking sector, this book looks at DLT not as a threat but as an exciting opportunity to bring the banking/financial system in the future.