A deep technical understanding is necessary in order to respond appropriately to new business models from a regulatory perspective. The two decisive criteria that we need to measure distributed ledger and other new technologies by are the following. First, does using the new technology improve the security of the systems or at least not make it worse?
And second, does the use of new technologies increase the efficiency of financial market infrastructures? 3. Current developments and outlook Many enterprises and institutions currently working on blockchain-based solutions expect to reap great benefits from them. Blockchain technology holds out the promise of cost savings, derisking potential and efficiency gains.