Quote from: kanus1113 on April 25, 2016, 05:36:14 PM

Ignore this if it has already been posted, just read through and thought it was worth sharing.

https://www.scribd.com/doc/310112812/ECB-DLT-Paper

Distributed ledger technologies are of relevance beyond the Bitcoin and its unrestricted blockchain model. Consensus ledgers, restricted technologies and smart contracts all represent more viable and attractive options for financial institutions, as they draw on existing business models used in the post-trade industry for securities transactions and have the potential to create safer, more reliable and efficient post-trade processes. Based on the analysis in this paper, it can be concluded that there is potential in distributed ledger technology. Furthermore, innovation is, in general, welcome in the European post-trade market for securities, wherever it can bring safety and efficiency. A number of factors could, however, pose potential barriers to the widespread uptake and use of DLTs. First, the technology is not yet mature; second, the clarification of critical legal, operational and governance issues will take time; and third, even were DLTs to be adopted widely, certain post-trade functions will continue to be performed by institutions. It is not yet, therefore, clear whether DLTs will cause a major revolution in mainstream financial markets or whether their use will remain limited to particular niches. It is possible that a DLT may find its way into the mainstream market, but should this happen, it is more likely to cause a gradual change in processes, rather than a revolution in the market

Good find, I think they are right, this industry is still in the beginning stages there will be a lot of room to grow and a lot of potential.