Luxembourg lags in adopting blockchain in finance

The Luxembourg financial sector has long-discussed the blockchain or as it’s also called “distributed ledger technology (DLT)” as way to strengthen the Luxembourg financial sector. As it was put by Ananda Kautz of Luxembourg’s banks and bankers association the ABBL: “Digital strategy, digital ledger technology, most commonly known as blockchain, has been a key strategic topic for ABBL since many years now.”