DLT and digital tokens: opportunities and challenges for the EU financial sector
Day 3 Morning
Friday 05 April
Constanta Room - Roundtable
Objectives of the session
The objective of this session is to discuss the experience that market practitioners and regulators have had so far with the development, the testing and use of DLT (distributed ledger technology) solutions, the future prospects of these solutions in the financial sector and whether an optimal model has emerged for DLT. The panel will also address the main challenges that a wider-scale development of DLT is facing and whether the current EU regulatory and supervisory framework can adequately support this evolution.
How digital tokens may be used on DLT platforms to support certain payment or settlement processes will also be discussed.
Points of discussion
How are DLT use cases progressing in the financial sector and what lessons can be learned from the initial stage of development of DLT solutions? Has an optimal model for DLT emerged in the market? Can widescale applications of DLT be expected in the near future? How may digital tokens facilitate certain payment or settlement processes supported by DLT?
What challenges (regulatory, technological, risk) may hinder the broader use of DLT and digital tokens in financial markets and processes? How may these issues be tackled and should a more ambitious approach to DLT be developed in the EU?