EddieJayonCrypto

 20 Mar 25

tl;dr

The article discusses the increasing involvement of major financial institutions in blockchain technology and digital assets, highlighting various institutional projects and pilots in this space. It emphasizes the institutions' focus on cross-border transfers, settlements, central bank digital curre...

"The institutions are coming (but not like you think)" examines the increasing involvement of major financial institutions in blockchain and digital assets, focusing on cross-border payments, central bank digital currencies, and tokenized assets. The article highlights various institutional projects and pilots in this space, emphasizing the institutions' focus on utilizing blockchain for efficiency and transparency in the global financial system.

Noteworthy institutional projects include:

  • The BIS & Central Banks' mBridge Project
  • Federal Reserve Bank of NY's Regulated Liability Network (RLN) Pilot
  • SWIFT's tokenization experiments
  • UBS's Digital Cash Initiative
  • The DTCC & Digital Dollar Project

Other initiatives involve the European Union, State Street, the U.K. Government, and Visa. The article reflects on the original utility of Bitcoin and speculates on the future dominance of a scalable distributed ledger, particularly emphasizing the potential of BSV.

It concludes with a discussion on the revival of the true value of blockchain, highlighting how institutions are reshaping the financial landscape with innovative blockchain solutions.

Some additional relevant information to consider:

  • Blockchain in Supply Chain: Institutions like Walmart and Maersk are using blockchain to track supply chains, ensuring transparency and efficiency.
  • Blockchain in Healthcare: Institutions are exploring blockchain for storing patient records securely and enabling seamless data sharing among healthcare providers.
  • Regulatory Frameworks: Governments and regulatory bodies are working on establishing clear regulations for blockchain and digital assets to ensure investor protection and market integrity.

As institutions continue to embrace blockchain technology, the future holds promise for greater adoption and integration across various sectors.

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 22 Apr 25
 22 Apr 25
 22 Apr 25