2016 predicted to be breakout year for blockchain technology in corporate banking New research from Mercator Advisory Group examines activity in blockchain technology and use cases for corporate banking expected to be piloted in 2016

1. Blockchain in Corporate Banking: What’s Up?
January 2016

2. ©2016 Mercator Advisory Group
The rush to invest in blockchain technology (BCT) has hit fever pitch, with
more banks piling on seemingly every other week. Innovation labs abound
and venture capital money flows. To date, almost all blockchain activity has
been related to consumer applications. But what about corporate banking?
We should start to see some real use cases piloted in 2016.
Blockchain in Corporate Banking: What’s Up?, a new research note by
Mercator Advisory Group, discusses the exploding investment and targeted
resources aligning to investigate the uses of blockchain in corporate
banking, heretofore a stepchild to consumer or retail banking application
development. Mercator opines about several use cases expected to be
piloted during 2016 by at least two of the many collaborative projects
launched in 2015.
New research predicts 2016 will be breakout year for
blockchain technology in corporate banking

3. ©2016 Mercator Advisory Group
"Blockchain, or distributed ledger, came to the forefront of corporate bankers’
minds in 2015, as Bitcoin’s underlying technology was widely recognized as a
possible game-changer for a number of use cases in the complex world of large
business and bank transactions,” commented Steve Murphy, Director of
Mercator Advisory Group’s Commercial and Enterprise Payments Advisory
Service and author of the report. “2016 should be an interesting year for pilot uses
cases, and in this report we point out several of the logical and more near-term
possibilities.”
Steve Murphy
Director,
Commercial and Enterprise Payments
Advisory Service

4. ©2016 Mercator Advisory Group
• Recent investment and collaboration in developing blockchain technology
• Predictions for corporate banking use cases expected to be piloted in 2016
• Expectations around the use of cryptocurrency in corporate banking
Highlights of the research note:

5. About the research note:
©2015 Mercator Advisory Group
The research note is 9 pages long and contains 1 exhibit.
Companies mentioned in this document include Accenture, BitPay, Chainalysis, Coinbase, Digital Asset
Holdings, Revel, and Ripple.
Members of Mercator Advisory Group's Commercial and Enterprise Payments Advisory Service have
access to this research note as well as the upcoming research for the year ahead, presentations, analyst
access and other membership benefits.
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About Mercator Advisory Group
Mercator Advisory Group is the leading independent research and advisory services firm exclusively focused
on the payments and banking industries. We deliver pragmatic and timely research and advice designed to
help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our
clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to
leading technology providers and investors. Mercator Advisory Group is also the publisher of the online
payments and banking news and information portal PaymentsJournal.com.

6. About Mercator Advisory Group
Mercator Advisory Group is the leading independent research and advisory
services firm exclusively focused on the payments and banking industries. We
deliver pragmatic and timely research and advice designed to help our clients
uncover the most lucrative opportunities to maximize revenue growth and
contain costs.
Our clients range from the world's largest payment issuers, acquirers,
processors, merchants and associations to leading technology providers and
investors. Mercator Advisory Group is also the publisher of the online payments
and banking news and information portal PaymentsJournal.com.
©2016 Mercator Advisory Group

7. About Mercator Advisory Group
Mercator Advisory Group is the leading independent research and advisory
services firm exclusively focused on the payments and banking industries. We
deliver pragmatic and timely research and advice designed to help our clients
uncover the most lucrative opportunities to maximize revenue growth and
contain costs.
Our clients range from the world's largest payment issuers, acquirers,
processors, merchants and associations to leading technology providers and
investors. Mercator Advisory Group is also the publisher of the online payments
and banking news and information portal PaymentsJournal.com.
©2016 Mercator Advisory Group