Nice article and have to agree with him that banks and or financial institutions need to define their role in the new ecosystem. It will not just be a matter of grabbing and or implementing a blockchain solution but rather one of them having to go through a mindshift of sorts to determine what their role will be in the new digital ecosystem.
The thing I’m trying to convey now to financial executives is that the blockchain is not a thing you can just apply to your financial systems to make them better — it’s not like a fresh coat of paint where you just put it on and everything is new and fun and sparkly. The blockchain is about enabling the emergence of digital assets and a whole economy where these digital assets are traded and handled and moved around.
