DLTs will increasingly underpin ecosystems' financing by allowing the storage of financial transactions in multiple places at once. Moreover, institutional investors and funds, are gradually increasing the share of digital assets in their portfolios, broadening access to financing and growing the potential of blockchains and DLTs to disrupt 'established markets'.
In this respect, forecasts suggest that worldwide spending on blockchain solutions will continue to grow in the coming years, reaching almost US $ billion by 2024.3 In this respect, the banking industry plays an important role. Regarding the use cases, it is worth highlighting that, in 2021, cross-border payments and settlements were the largest individual blockchain application.