Wu Shuo learned that a16z crypto article states that although traditional finance appears digital on the surface, it still relies on fragmented systems and continuous reconciliation. The core issue is how multiple parties confirm asset ownership, settlement times, transaction order, and applicable rules. The article believes that Wall Street's adoption of blockchain is not primarily driven by decentralization principles, but to address counterparty coordination issues; blockchain can serve as a neutral, programmable shared infrastructure, making financial assets easier to assemble, expand, and integrate.