Can AI deliver on its promise in financial markets? Future of Finance brought together industry leaders to examine the gap between AI investment and real-world impact, exploring adoption, commercial value, practical use cases and the challenges facing financial institutions.

The issuance by the Luxembourg government of a €1.7 billion bond on to a permissioned blockchain is less exciting than it appears. Most of the traditional paraphernalia of securities issuance, distribution, settlement and servicing is preserved. The scale of bond market activity on blockchains remains trivial by comparison with the size of the traditional markets.