With hype now in the rearview mirror, some of the most compelling and potentially disruptive applications of these technologies have emerged. Previously competitive public and private chains such as Hyperledger Fabric and R3’s Corda have now been integrated with the likes of Digital Asset’s DAML smart contract language; the Australian Securities Exchange’s (ASX) ground-up DLT clearing system is expected to be fully operational by early 2021; and major institutions such as PNC Bank are now processing cross border payments on Ripple’s DLT network, paving the way for instant invoice processing and a vastly improved accounts receivable operation.
Recent analysis from ABI Research estimates that such projects will result in blockchain-enabled revenues surpassing $10 billion by 2023*, while Gartner forecasts the total business value of blockchain to exceed $3.1 trillion by 2030**.
Synchronize 2020 will bring together financial services executives, technologists and innovators who are serious about implementing these technologies and positioning their businesses for the next generation of growth. Delegates of Synchronize will hear from the DLT pioneers in financial services who are leading these game changing projects, network with likeminded peers, and identify what opportunities exist to realize the significant efficiency gains in their own business.