Digitization ≠ Decentralization; these two words are finally no longer bound together.

CoinWorld News reports that Wu Shuo has learned that Guy, a general partner at a16z crypto, said in a post that although the financial industry appears highly digitized on the surface, the underlying layer still runs on a fragmented, highly manual architecture that relies heavily on manual reconciliation and paper-based processing. Recently, Wall Street and even Washington have begun to be enthusiastic about using the term “digital assets,” whose essence is that a digital transformation is underway that is similar to how enterprises in the past shifted to “cloud services.” The article emphasizes that large financial institutions are gradually adopting blockchain. Their core driving force is not the pursuit of crypto ideologies such as “decentralization” or “financial sovereignty,” but rather to solve real bottlenecks in multi-party trust and collaboration—thereby reducing counterparty risk, ensuring fair ordering, and achieving optimal execution.