Blockchain Cuts Home-Equity Loan Times From Weeks To Days
As blockchain technology steadily integrates into traditional finance, Provenance Blockchain Labs CEO Anthony Moro offered a preview of what lies ahead. As the crypto industry prepares for the Benzinga Future of Digital Assets event, Moro described the impact of blockchain on financial operations while addressing ongoing regulatory challenges.
Blockchain Adoption for Real-world Assets
Moro explained that Provenance Blockchain now holds approximately 70% of all real-world assets on a public Layer 1 blockchain, making it a central player in the shift to digital assets.
“Provenance Blockchain has approximately 70% of all of the real-world assets on a public Layer 1 blockchain, so we’ve been in the fortunate position to see the adoption of blockchain technology by financial institutions first-hand,” he noted. Moro highlighted that this transformation has accelerated from early concepts to …