1 2 3 4 5 6 Applications of distributed ledger technology will differ by use case, each leveraging the technology in different ways for a diverse range of benefits Examples of DLT value drivers and benefits Use case Value driver Benefits Trade Operational simplification Enables real-time multi-party tracking and management of finance letters of credit, and enables faster automated settlement Automated Regulatory efficiency Provides faster and more accurate reporting by automating compliance improvement compliance processes that draw on immutable data sources Global Enables the near real-time point-to-point transfer of funds payments Settlement time reduction between financial institutions (FIs), removing friction and accelerating settlement Asset Liquidity and capital Provides market participants with an improved line of sight into rehypothecation improvement assets, enabling improved risk evaluation and decision-making WORLD ECONOMIC FORUM | 2016 21