In this short video, Hogan Lovells' partner Richard Diffenthal discusses how blockchain solutions will start to move out of the research lab and into the mainstream financial services eco-system in 2018

Richard explains:

  • How financial institutions will grapple to capture the zeitgeist around cryptocurrency and cryptoassets in 2018
  • Why many institutions will be asking themselves whether this is a sector they have to be in or not
  • The pressures that will face those organisations embracing the crypo revolution in terms of having products and services that can be deployed swiftly to customers
  • As these currencies become more mainstream, will customers want to access these products and services through traditional banking apps?
  • Whether banking apps will be as easy to use with cryptocurrencies as with traditional currency
  • The steps FIs will be asking themselves in respect of cryptocurrencies and cryptoassets, ie whether they should adapt current infrastructures or build new ones

Click here to watch the video.

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