In the video interview, Behzad explores some of key developments of DLT and blockchain technologies in financial and banking services this year – which include the development of a better regulatory regime, the rapid improvement in the technology, and its wider introduction in the commercial space.

And while challenges around interoperability and integration with legacy systems remain, Behzad hopes that the next few years will see wider adoption, creating opportunities for scalability, efficiency and automation that are not possible today.