"Over the past several years, rapid developments in the global economic environment have pushed asset management to the forefront of social and economic change... Between now and 2020, alternative assets ...
[Digitization could] "...unlock the estimated $100 trillion of value ... over the next decade."
"10% of global gross domestic product (GDP) will be stored on blockchain technology by 2027"
Although institutions are at different stages of experimentation, most now believe it could take 3-5 yrs for blockchain to have a material impact
"Wall Street sees an opportunity to hack its own complexities using this new tool. Blockchain technology could help banks reduce the clutter and cost of numerous complex processes."
“The prize on offer is a world where all capital market participants work from common datasets, in near real time and where supporting operations are either streamlined or made redundant.”