Traditional financial institutions are driving blockchain toward mainstream applications

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ME News Report, April 20 (UTC+8), as traditional financial and asset management institutions like JPMorgan Chase and BlackRock rapidly expand, blockchain technology is transitioning from an experimental phase to a financial infrastructure and becoming part of long-term strategies. The report indicates that institutions' focus has shifted from the price volatility of digital assets to their actual operational value, such as accelerating transaction settlements, automating with smart contracts, conducting on-chain audits, enhancing data sharing security, and asset tokenization. Additionally, the gradual clarification of regulatory frameworks and increased client awareness of digital financial tools are also driving institutions to adopt blockchain technology. (Source: MLion)
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