Can Blockchain Transform Finance Or Will Banks Like Citi, JPMorgan Wield It For Efficiency?
As financial institutions increase their investments in blockchain technology, the impact on the broader financial industry is becoming more evident.
With institutions like Citi and JPMorgan expanding their blockchain portfolios, the future of finance may see new developments, but it will also face hurdles. Tanya Solati, vice president of business development at Propy, addressed these dynamics in a recent interview ahead of her upcoming talk at the Benzinga Future of Digital Assets event.
The Benefits of Blockchain in Traditional Finance
Solati described blockchain’s integration into traditional financial systems as a shift. “Blockchain offers transparency, speed, and security that could streamline financial operations,” she noted.
The technology’s potential to improve transaction processes, enhance security, and reduce costs is attracting …
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