CryptoMediaClub
Wednesday, July 30, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

Overcoming Challenges for Institutional Adoption of Blockchain and DLT

18.09.2023
A A
0
123
VIEWS
ShareShare

The finance and fintech landscape in late 2022 and early 2023 has been marked by uncertainty and optimism. While some financial institutions and digital asset skeptics may have doubts, the sector is undergoing a historic transformation driven by cutting-edge financial technologies, particularly Distributed Ledger Technology (DLT).

Institutional investors increasingly recognize blockchain technology’s long-term value, with 93% expressing their faith in it. Furthermore, 74% of these investors intend to increase their allocations to the digital asset sector in the coming year, signifying a significant shift in confidence.

However, this rising interest in blockchain adoption among traditional financial institutions faces challenges. The pressing question is how this interest can be translated into tangible action.

DLT, the backbone of blockchain, offers a range of benefits, from democratizing access to capital to unlocking new opportunities in securities issuance, settlement, trading, and servicing. The potential cost savings from implementing smart contracts and DLT in securities markets are substantial, potentially exceeding $100 billion annually.

Moreover, DLT can unlock new liquidity pools, such as the projected $16 trillion global market for tokenized illiquid assets by 2030. This technological leap promises to revolutionize the post-trade landscape, creating a global, asset-agnostic trading and settlement platform accessible 24/7 worldwide.

However, there are significant obstacles on the path to realizing this vision. The primary challenge lies in adapting universal laws and regulations that traditional financial institutions can rely upon. The current domestic and asset-specific legal framework inhibits global adoption. To foster a global ecosystem, asset-agnostic regulations must be embraced.

Another challenge is international standards for a Universal ID and credential scheme, essential for decentralized banking’s potential. Collaboration between tech-savvy banks and regulatory bodies can establish a unified framework to address this issue.

The most formidable barrier for banks is change management. Adapting to instant settlement, liquidity provision, and global operation around the clock will be challenging. It also means letting go of revenue streams tied to market inefficiencies that blockchain solutions will resolve.

The recent developments in fintech and finance underscore the need for a shift in perception toward digital assets and DLT. Success in the institutional adoption of digital assets hinges on embracing change, global standardization, and avoiding complacency. It’s a future that promises to reshape the financial landscape in the next five to ten years.

In conclusion, while blockchain technology holds immense promise, the key to success is addressing global standardization and change management. By doing so, the financial industry can navigate the transformative journey towards a blockchain-powered future.

The post Overcoming Challenges for Institutional Adoption of Blockchain and DLT appeared first on BitcoinWorld.

Share9Tweet6ShareSharePin2

Related Posts

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei
Blockchain

Ondo Finance Unleashes Revolutionary Tokenized US Treasuries on Sei

18.07.2025
0

Skip to content

Read moreDetails
Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

Hashed stablecoin: South Korea’s Crypto Giant Unveils Bold Trademark Play

17.07.2025
LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

LA Token’s Strategic Move: Lagrange Foundation Considers Crucial Buyback for Price Stability

14.07.2025
Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

Shocking Loss: Crypto Influencer Accidentally Burns $75K in PUMP Token

14.07.2025
Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

Dubai’s Historic Approval: Qatar National Bank Launches Revolutionary Tokenized Money Market Fund in DIFC

08.07.2025
Load More
Next Post
As Bitcoin’s ‘fat finger’ saga concludes, will trends reverse?

As Bitcoin’s ‘fat finger’ saga concludes, will trends reverse?

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

White Hats Team Up Against Cybercrime

White Hats Team Up Against Cybercrime

1 year ago
Alarming File: $757M Bitcoin ETF Outflows Set off Market Jitters

Alarming File: $757M Bitcoin ETF Outflows Set off Market Jitters

5 months ago
Best Wallet Totals $1.5M in 5 Days After Public Presale Launch – Token Signal Tops Crypto.com List

Best Wallet Totals $1.5M in 5 Days After Public Presale Launch – Token Signal Tops Crypto.com List

8 months ago
Largest Buyer of Arbitrum (ARB) Transfers 9.9M Tokens to Binance

Largest Buyer of Arbitrum (ARB) Transfers 9.9M Tokens to Binance

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

ChatGPT’s 28-Indicator XRP Analysis: 95% ETF Odds Ignite Battle Over $3.11 Support Line

StanChart predicts corporates will control 10% of Ethereum supply over time

Billionaire Calls for Buying More Bitcoin as U.S. Debt Spirals – Best Wallet Automates the Strategy, ICO Hits $14.3M

SharpLink Secures 438K ETH, Spending $290M in Weeklong Buying Spree

Interactive Brokers Considers Launching Its Own Stablecoin

The Future of Bitcoin BTC Income: EarnMining App Offers Stable Daily Rewards

Trending

BlackRock says clear US rulebook turns stablecoins into payment method of the ‘future of finance’
Analysis

BlackRock says clear US rulebook turns stablecoins into payment method of the ‘future of finance’

30.07.2025
0

BlackRock stated that stablecoins now sit at the heart of the “future of finance,” and the recently...

South Korean Central Bank Unveils New ‘Cryptoassets Department’

South Korean Central Bank Unveils New ‘Cryptoassets Department’

30.07.2025
Crypto Price Prediction Today 29 July – XRP, Cardano, Shiba Inu

Crypto Price Prediction Today 29 July – XRP, Cardano, Shiba Inu

30.07.2025
ChatGPT’s 28-Indicator XRP Analysis: 95% ETF Odds Ignite Battle Over $3.11 Support Line

ChatGPT’s 28-Indicator XRP Analysis: 95% ETF Odds Ignite Battle Over $3.11 Support Line

29.07.2025
StanChart predicts corporates will control 10% of Ethereum supply over time

StanChart predicts corporates will control 10% of Ethereum supply over time

29.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz