Distributed Ledger Technology (DLT) is on a path to disrupt many aspects of business and society that deal with the coordination of information and trust. DLT has the potential to become the new layer for economic value transfer within the modern technology stack (also referred to as the internet of value). It also has, through the usage of programmatically executable contracts (also known as smart contracts), the capability to automate many processes.
There are challenges ahead, particularly since distributed ledgers require new ways of working which should involve all stakeholders in an industry (including in many cases direct competitors). So, as the technology and specific use cases are increasingly proven through the more than 100 projects included in the research for this report, the real challenge for the future is bringing about industry-level collaboration and adoption.