Blockchain Standards' Pivotal Moment

Distributed ledger technology runs the risk of fragmentation as multiple vendors and permissioned ledgers emerge

Jurgen Vroegh, global head of payments, ING

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

Much of the discussion about

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