Decentralized Futures: Implications for Financial Institutions

While blockchain adoption was slow in its early years, during the past 12 months or more the financial industry has embraced blockchain much more fully for a broad variety of use cases, including most notably Central Bank Digital Currencies (CBDCs), digital assets and non-fungible tokens (NFTs), and the beginnings of Web 3.0.

Read our 2022 point of view paper on Decentralized Futures to discover the latest developments and their implications for financial institutions – decentralized finance (DeFi), central bank digital currency (CBDC), cryptocurrencies, digital assets and tokens, non-fungible tokens (NFT) and the Metaverse, and web 3.0.

At Capgemini, we use a “Future Thinking” approach to constantly monitor, anticipate and assess the evolving technology landscape to help our clients achieve competitive advantage and differentiation. Through a global, dedicated network of capabilities, we constantly track technology domains. “Decentralized Futures,” which encompasses blockchain and other distributed ledger technologies, is one of the domains.

This paper provides a financial services perspective on “Decentralized Futures” amid rapid developments in this area. Our aim is to equip business and technology leaders with a clear understanding of key concepts evolving in the decentralized world, highlight the implications to incumbents, and provide a framework to navigate different building blocks of blockchain technology.