a16z is speaking honestly; the essence of blockchain is an upgrade to financial infrastructure, not just slogans.

CoinWorld News reports that a16z states that blockchain is the cloud transformation of the financial industry, not a story about decentralization. a16z crypto partner Guy Wuollet pointed out that the financial industry is undergoing digital migration, and blockchain is becoming a core infrastructure, similar to how cloud computing has become the backbone of modern enterprise software. In his article, he noted that digital assets are not primarily about ideology or decentralization, but about upgrading financial architecture. Wuollet believes that Wall Street is beginning to embrace blockchain because it provides a common point for counterparties to upgrade existing backend systems. He added that digital assets represent the digital transformation of financial services, just as cloud services once represented the digital transformation of large enterprises. Wuollet thinks that traditional finance still relies on decentralized databases and delayed reconciliation, so the appeal of blockchain lies in its shared infrastructure, which can improve