CIO/CTO Checklist: Blockchain and Distributed Ledger

Report Summary

CIO/CTO Checklist: Blockchain and Distributed Ledger

Banks and other financial institutions will need to support activities related to digital assets to remain competitive in the 2020s.


Download table of contents

Mitch Wein
Head of Financial Services CIO/CTO Advisory

September 15, 2022 – New crypto-related products and services are emerging alongside traditional products and services. There is a broad range of crypto-assets and other services that FIs will need to support, including smart contracts, settlements, central bank digital currencies, cryptocurrencies, utility tokens, stablecoins, security tokens, non-fungible tokens, and integration with Banking-as-a-Service intermediaries. Banks and FIs will need to update and add to existing architecture blueprints and related roadmaps to avoid redundant infrastructures, applications, and support teams.

This Impact Report presents a checklist of architecture challenges FIs must consider as they move forward with products dependent on distributed ledger technology (DLT) and underlying blockchain technology. This report is based on Aite-Novarica Group research conducted in 2021 and 2022 on blockchain and DLT, in addition to external articles. This report also uses the author’s experience and best practices that Aite-Novarica Group has observed in financial services IT organizations.

This 24-page Impact Report contains five figures and one table. Clients of Aite-Novarica Group’s Financial Services CIO/CTO Advisory service can download this report and the corresponding charts.

Download table of contents

This report mentions Coinbase.

How can we help?

If you have a question specific to your industry, speak with an expert.  Call us today to learn about the benefits of becoming a client.

Talk to an Expert

Receive email updates relevant to you.  Subscribe to entire practices or to selected topics within

Get Email Updates