Paper Title
Global Perspective: Landscape of Blockchain Usage in Continuous Linked Settlement in Banking

Abstract
Blockchain is at the forefront of fintech transformation. It provides solutions like the omission of intermediaries and direct transactions between parties, elimination or modification of data for unalterable audit trails, reducing the cost of settlement and risk associated with it, and establishing trust using consensus. This paper presents an overview of the usage of blockchain-based technology to solve the problems faced by banks during the settlement of foreign exchange and also aims to showcase the current transition of banking to blockchain technology worldwide. Keywords - CLS, Blockchain, Banking, Foreign Exchange