The International Securities Services Association (ISSA) have published further details from its 2022 “DLT in the Real World” survey for insights into developments as well as to help firms benchmark distributed ledger technology (DLT) and digital asset projects to the industry’s trajectory.
The number of live usage cases of DLT in the industry has doubled since 2020 – with 8% of the market now live on this new technology. That means more DLT pilots are brought to market – but with concerns around security and resourcing, how is the industry managing their DLT transformation today?
Some of the findings show that while DLT’s value depends on the problem, the ideal targets are highly paper-based highly networked assets; and when it comes to experimentation versus commercialization, DLT is now about live production. Moreover, DLT is as much a data play as an automation or transactional solution.