Why recent failures are a catalyst for DLT’s success
Deutsche Bank’s Mathew Kathayanat and Jie Yi Lee argue that DLT's high-profile failures don't mean the technology is dead. Now that the hype has died down, the path is cleared for more measured decisions about DLT’s applications.
With generative AI dominating headlines and captivating capital spend, distributed-ledger technology (DLT)/blockchain has taken a back seat.
Ever since its arrival on the world stage, DLT has promised much—to disintermediate, standardize and transparentize legacy processes within financial markets. Nevertheless, it has failed to make a long-term dent as a budgeting priority.
Skepticism remains high as the 2022–2023 crypto turmoil cast a shadow of doubt not just on cryptocurrencies, but also on
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