View from the banks: are blockchains vital to the digital transformation?

Part of Crypto and Digital Assets Summit 2023

This event took place on Tuesday, May 9, 2023 at 4:15 PM UTC.

Banks are pouring resources into developing their own blockchain-linked technologies in a bid to meet customer and investor demand for the assets, as well as future proof their own businesses in a competitive banking landscape. Digital transformation efforts - in anti-fraud measures, payments, investment banking, custody and settlements - continue to ramp up in a competitive landscape. How do banking leaders think blockchain technology will serve their institutions best? Will lenders allocate further resources? Are we seeing disagreement within banks as to how blockchain can be best applied? Are private blockchains the best way to advance the technology, or will we see integration to public blockchains?