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In the world of traditional finance, sentiment has been shifting toward digital assets, with BlackRock, JPMorgan and Franklin Templeton making moves.<\/p>\n
In an opinion piece published in Fortune, Franklin Templeton CEO Jenny Johnson wrote<\/a> that the \u201cadvantages of blockchain are so compelling that we don\u2019t foresee the shift to digital asset technology<\/a> being slow or incremental,\u201d echoing the growing positive sentiment some traditional finance institutions have toward crypto.<\/p>\n \u201cIndeed, we expect our industry will evolve more in the next five years than in the last 50,\u201d Johnson said. \u201cThe pressing question is whether financial institutions will choose to embrace the digital asset wave (and the disruption coming with it), actively fight it or bury its head in the sand.\u201d<\/p>\n Johnson noted that blockchain technology and the growing cryptosphere have many benefits that traditional finance rails struggle to match. These include new financial options for homeowners, integration of global markets, and, eventually, throughput that could reach hundreds of thousands or even millions of transactions per second.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n