The GBA has published the Blockchain Maturity Model that details the generic requirements for a blockchain solution to be trusted by and acquired by enterprise and government entities. However, the GBA Finacial Services Working Group is developing a set of requirements and expectations for banking and financial services solutions.

These blockchain standards apply to solutions that support one or more of the following sectors:

  • Broker Trading/Financing
  • Capital Markets
  • CBDC’s
  • Central Banks and National Banks
  • Credit Cards
  • Debit Cards
  • Exchange-Traded Derivatives
  • Governments
  • Institutional Banking
  • Institutional Investing
  • Local Economy
  • Managed Funds
  • Market making
  • Over-the-Counter (OTC) Derivatives
  • Retail Banking
  • Retail Investing
  • Structured Products
  • Supernational Bodies / NGOs

Take the opportunity to proactively define the standard rather than retroactively respond to it. To be part of this initiative, log into the GBA website and join the Banking & Finance Working Group.