Blockchain in financial markets is beginning to emerge , with start - ups and established companies beginning to develop strategies using the technology spurred by expectations of billions of dollars of savings and the elimination of debt . Exchanges and clearers such as the Australian Securities Exchange , Nasdaq , the DTCC and Euroclear are among the incumbents looking to leverage the technology , however , industry experts caution that mainstream adoption is still some time off , comparing it with the early days of the internet or cloud computing . Ray ##son , research vice president at IT consultant ##s , suggests that hype surrounding blockchain has inflated expectations and disillusionment will follow soon .
Blockchain in financial services is beginning to emerge, with start-ups and established players beginning to test systems using the technology spurred by expectations of billions of dollars of savings and the elimination of inefficiencies. Exchanges and clearers such as the Australian Securities Exchange, Nasdaq, the DTCC and Euroclear are among the incumbents looking to leverage the technology, however, industry experts caution that mainstream adoption is still some way off, comparing it with the early days of the internet or cloud computing. Ray Valdes, research vice president at IT consultant Gartner, suggests that hype surrounding blockchain has inflated expectations and disillusionment will follow soon.