28 November 2018, @ Google HQ, Six Pancras Square, Kings Cross, London
Whilst the topics of Blockchain and Cryptocurrencies continue to take up plenty of space on the financial services ‘media pages’, it is now becoming more apparent that by applying effective Distributed Ledger Technology (DLT) solutions, financial services firms can now really gain the true benefits from these revolutionary technologies.
GFT recently announced the results of its independent performance analysis of Digital Asset’s distributed ledger platform. GFT specialists confirmed that the Digital Asset Platform can process upwards of 27,000 trades per second for a sustained period of time. Achieving this level of performance demonstrates that the Digital Asset Platform is capable of supporting the throughput of enterprise applications used by financial institutions.
Demonstrating real-life use cases
Now is the time to embrace the functional capabilities of DLT and rapidly bring new applications into production. At this unique event, GFT, Digital Asset and Google Cloud specialists demonstrated a number of real-life use cases to illustrate the practicalities of DLT solutions and how the various challenges can be solved.
This included showcasing the GFT & Digital Asset Flexible Personalised Insurance (FPI) offering for the motor insurance industry. An offering that demonstrates how to tap into the enormous potential of advanced driving data generated by Internet of Things (IoT) trip data.
The DLT use cases demonstrated included:
- Australian Securities Exchange (ASX) - equities clearing and settlement
- Flexible Personalised Insurance (FPI) - utilising internet of things (IOT) data
- Digital Asset equities trading - performance testing, demonstrating throughput & scale
Find out more about how GFT can help you overcome your DLT & Blockchain challenges by clicking here