BLOCKCHAIN IN BANKING: An inside look at four banks’ early blockchain successes and failures

BLOCKCHAIN IN BANKING: An inside look at four banks’ early blockchain successes and failures

Since its emergence at the start of the decade, blockchain has been heralded as one of the most transformative technologies for financial services. Blockchain hype has led financial institutions (FIs) to pour money into the space and into distributed ledger technology more broadly: about $1.7 billion annually as of 2018, research from Greenwich Associates cited by Bloomberg.