Fintech

Hype v reality: 2017 is a big year for blockchain

Progress is needed in usable distributed ledger technology to silence doubters who claim the method is still unproven

Growth area: it's a make-or-break year for blockchain technology
Growth area: it's a make-or-break year for blockchain technology Photo: Getty Images

Mention the word blockchain to any financial executive and you are likely to get a reaction of either unbridled excitement or stone-cold fear.

Blockchain evangelists reckon distributed ledger technology has the potential to upend decades-old practices in institutional finance, particularly in post-trade services, doing away with old technology and people in the process.

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