Ongoing Engagement Because of the notable potential of distributed ledger technology, financial authorities, both domestic and international, will follow these developments with keen interest. At the Federal Reserve, we expect to publish a research paper later this year that summarizes some of the key findings from our industry engagement so far.
Going forward, we will continue to deepen our engagement with a range of financial institutions, technologists, multi-stakeholder consortia, and academic experts to refine our understanding of the new technologies, along with their possibilities and limitations, with a particular focus on our responsibilities for the payments system, as well as our oversight of financial market intermediaries.