Obstacles To Adoption Of Blockchain Technology In Finance Industry Training Ppt

Slide 2

This slide discusses the barriers in adopting blockchain technology such as establishing standards, legal framework, settling value in real money, scalability & resilience, and regulatory framework.

Slide 3

This slide discusses the challenge of cooperation and establishing standards in Blockchain in Finance. To achieve widespread acceptance, participants must agree on standards that define a common set of norms for individual businesses to follow.

Slide 4

This slide discusses the challenge of designing a Legal Framework in Blockchain adoption in Finance. Achieving a standard legal framework across a distributed group of peer parties with no centralized authority is a humungous challenge.

Slide 5

This slide discusses the challenge of setting value in real money in blockchain adoption in Finance. Any mainstream application would require real-money settlement certainty. Any tokenized solution will introduce an additional layer of settlement and counterparty risk, which could be problematic.

Slide 6

This slide discusses the challenge of scalability and resilience in Blockchain in Finance. Since blockchain is a distributed system, its total processing power is proportional to the computational capacity of the devices involved.

Slide 7

This slide discusses the challenge of regulatory framework in Blockchain in Finance. To allow the financial industry to benefit from blockchain technology, regulators will need to collaborate with the industry to guarantee that regulatory compliance can be met, while allowing blockchain technology to be used to its full potential.