The DLT landscape in banking. Key features of prominent use cases through strengths and weaknesses

This chapter provides a fundamental overview of the DLT in banking, emphasising the sectors present issues and fundamental industry shifts. To achieve this, the chapter will examine the principal DLTs projects and implementations in banking, categorising them into two main categories based on the type of need met: (i) products and services designed to meet the needs of financial institutions customers and (ii) internal processes and operations designed to meet the needs of financial intermediaries. As a result, the chapter concentrates on the primary features of the prevalent use cases in the sector, emphasising strengths and weaknesses.