2018 to be the ‘Year of Implementation’ for Blockchain

Consortia and bank experts say that the technology is ready to move from theory and pilot projects into full production environments next year.

Sibos 2017
Many attendees at this year's annual Sibos conference believe that DLT is best applied to specific, well-defined use-cases, as opposed to "rip-and-replace" infrastructure projects.

As financial services firms have continued to invest in distributed-ledger technology (DLT)—one estimate from Deloitte in June 2017 placed the value of this funding at over $1 billion—investors are now expecting delivery on the technology’s promise during the course of next year, says Todd McDonald, co-founder of DLT consortium R3.

“2018 is the year for production; it’s the year for implementation,” he says. “That’s what we’re 100-percent focused on, and that’s what the banks who have invested

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