The trend is clear:

The block chain is also considered promising by top German bankers, but there is probably still a lack of implementation.
At the end of 2019, the auditing firm PwC surveyed managers from 302 German banks, insurers and asset managers on the subject.
It revealed that more than three-quarters of them consider the technology to be relevant for their companies.
Despite the visible potential, investments are not being made for the time being:
So far, companies are not very interested in the technology.
Of the managers surveyed, 97% have not allocated the necessary budget for block chain development.

ForPwCDirector Thomas Schönfeld, however, the result is not entirely surprising: “The last survey, which took place in 2018, showed a similar picture.
At that time, only three percent of the companies surveyed even tried their hand at DLT. The managers surveyed had already realized the potential of the technology. However, there is a lack of corresponding activities.
Many managers cite the lack of regulatory and technological prerequisites as the reason for their reluctance.

Legal requirements are coming:
“In contrast to 2018, legislators today have created important framework conditions.” – says Schönefeld.
Crypto systems are therefore covered by the German Banking Act. The regulation creates an important safeguard, which opens up new opportunities for financial players. The institutional framework offers legal certainty and transparency”, comments Schönfeld.