This analysis was based on over 12 months of research, engaging industry leaders and subject matter experts through interviews and multistakeholder workshops Received guidance from thought leaders Conducted interviews and solicited Engaged leaders in academia, across global financial institutions input from subject matter experts government and regulation Global workshops Five multistakeholder workshops at global financial hubs, with 200+ total participants, including industry leaders, innovators, subject matter experts and regulators Singapore New York, USA London, UK Davos, Switzerland Sydney, Australia Oct. 2015 Nov. 2015 Dec. 2015 Jan. 2016 Apr. 2016 WORLD ECONOMIC FORUM | 2016 16