Distributed ledger technologies (DLT) and blockchain

DLT creates a tamper-proof record of all transactions over time. And with end-to-end encryption, all data is secure while at rest or in transit, eliminating the potential for unauthorised access. You can be assured that those viewing data are entitled to do so, which is a major advancement in fraud prevention.

With is unique potential to streamline and simplify business processes, DLT can permanently reduce your processing costs. In many cases you can reduce dependence on intermediaries and third parties. Although there are many areas that will continue to use agents, they will not be required to maintain the ledger.

With DLT, transactions cannot be amended or deleted. You have a permanent record of every transaction that can be audited at any time by any authorised participant. With its integral immutability, DLT has the potential to help recreate the financial world, making it more accessible, simpler and safer.