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Blockchain Is The Future Of Banking, Merger Is Inevitable
Opinions from financial tycoons at Davos are increasingly in agreement that the combination of TradFi and blockchain technology is no longer a choice, but destiny.
🔸 Sergio Ermotti, CEO of UBS Group, strongly asserted at the World Economic Forum Blockchain is the future of traditional banking, and the two will merge. This confirms his 2018 prediction that blockchain would completely revolutionize the financial industry's cost structure.
🔸 This view aligns perfectly with Abigail Johnson, CEO of Fidelity. She has criticized current financial technology as primitive and worrying, relying on complex manual reconciliation networks, whereas Blockchain offers instant transparency and automation.
🔸 After nearly a decade of experimentation, the world largest financial institutions are moving from exploration to practical adoption. This merger promises to bring trillions of dollars of real-world assets on-chain.
With the world's largest banks publicly acknowledging the inevitability of Blockchain, will 2026 be the breakout year for the RWA sector?
News is for reference, not investment advice. Please read carefully before making a decision.
🔸 Sergio Ermotti, CEO of UBS Group, strongly asserted at the World Economic Forum Blockchain is the future of traditional banking, and the two will merge. This confirms his 2018 prediction that blockchain would completely revolutionize the financial industry's cost structure.
🔸 This view aligns perfectly with Abigail Johnson, CEO of Fidelity. She has criticized current financial technology as primitive and worrying, relying on complex manual reconciliation networks, whereas Blockchain offers instant transparency and automation.
🔸 After nearly a decade of experimentation, the world largest financial institutions are moving from exploration to practical adoption. This merger promises to bring trillions of dollars of real-world assets on-chain.
With the world's largest banks publicly acknowledging the inevitability of Blockchain, will 2026 be the breakout year for the RWA sector?
News is for reference, not investment advice. Please read carefully before making a decision.
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