||Long stayed in the shadow of the Bitcoin’s dodgy reputation, the blockchain technology is now a very trendy topic, and number of people and organization see it reshaping digital interactions. Naturally, the first sector to be heavily associated with blockchain innovations is finance. From researchers to bankers, the blockchain has left a lot of enthusiasm within the industry, and hundreds of concepts and theorical frameworks are already out there.|
However, we haven’t seen any real use-cases of the blockchain technology within finance, and it is hard to tell whether it is purely an intellectual fantasy or a game changer technology.
This paper intends to find out whether the gap from proof of concept to real use case will be bridged, and how is the most likely to happens.
Results showed that some activities within the finance industry are unlikely to be disturbed anytime soon, particularly around financial markets, as these require a common move from multiple actors such as banks, regulators, and third party custodians, and such a move is unlikely to happen anytime soon. However, some area such as Venture Capital or Payments has less strict regulations and consumer protections around them, which paves the way for start-ups to innovate and move towards the finance of tomorrow.