The shift of digital assets from a speculative fascination among cyberpunks to a mainstream institutional investment is forcing financial institutions adapt rapidly. We expect this activity to intensify in 2021 as new services are brought into the market to satisfy the exploding interest. As financial institutions continue their digital transformation journeys and integrate this new asset class, distributed ledger solutions will also help streamline middle and back-office operations while creating new business opportunities in open banking and peer-to-peer activities.

This paper will address the key trends Capco has identified for distributed ledger technology in 2021.