Deloitte gives an overview of tokenisation in financial markets

“The integration of smart contracts and automated processes within clearing and settlement activities is projected to generate global infrastructure operational cost savings of approximately US$15–20 billion annually” – in its recent article titled “Blockchain technology and the transformation of capital markets”, Deloitte experts Carlos Fernandez and Álvaro Arce quote these figures from a study by the Global Financial Markets Association (GFMA). DLT is “not just reshaping isolated processes within capital markets” but changing “the foundational structure of how financial systems operate”, they write.