Trends Report

Blockchain Is Years From Curing Cross-Border Payment Pains

Distributed Ledger Technology Has Potential But Faces Significant Obstacles

December 14th, 2018
With contributors:
Frederic Giron , Dane Anderson , Martha Bennett , Charlie Dai , Brendan Miller , Benjamin Ensor , Han Bao , Bill Nagel

Summary

Although the winter of cryptocurrency has arrived in China, the underlying technologies — blockchain or distributed ledger technology (DLT) — remain one of the hottest tech topics in financial services. This is especially true for cross-border payments. This report helps digital strategy professionals understand the promise that DLTs hold for cross-border payments as well as the important challenges that need to be tackled before DLTs attain mainstream adoption.

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