| Summary: | Facing unprecedented challenges, the financial services industry is undergoing a fundamental transformation. Regulatory requirements to minimize systemic risk now encourage fair competition and transparency, transforming the "winner takes all" concept into a "co-opetition" environment. Now, companies must compete and collaborate to remain relevant in today's digital economy. How exactly will this work? That's where Distributed Ledger Technologies (DLT) come into play. This report--a resource for business and tech professionals alike--examines the potential that DLT and blockchain have for transforming the banking industry. Jorge Lesmes, Global Head of everis Blockchain Banking Practice, examines how these technologies have moved from pilot projects to in-production applications that provide real value and benefits to end users. In three separate use cases, you'll learn how DLT and blockchain can help bring about the "Internet of Value"--A secure method of sending and receiving value in the same way we transact data. You'll examine: How DLT platforms have the power to make the Internet of Value a reality How DLT and blockchain are used in real production environments The current challenges associated with DLT platform interconnectivity Using DLT to enable self-sovereign digital identity management Enabling interoperability among DLT platforms and traditional ledgers Using DLT to enable streaming micropayments
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