Summary
- The New York Stock Exchange (NYSE) said it views blockchain not as a replacement for existing finance, but as integrable infrastructure.
- NYSE CPO Jon Herrick said exchanges are moving to strengthen interoperability and build blockchain on top of existing infrastructure.
- He said they are exploring how asset tokens could function within the current financial system, suggesting a path of gradual integration between traditional finance and blockchain.
Forecast Trend Report by Period
The New York Stock Exchange (NYSE) assessed blockchain not as a technology that replaces existing finance, but as integrable infrastructure.
According to CoinDesk, a crypto-focused media outlet, NYSE Chief Product Officer (CPO) Jon Herrick said on the 26th (local time) that "exchanges are taking an approach that strengthens interoperability and builds blockchain on top of existing infrastructure."
He added that they are "exploring how asset tokens could operate within the current financial system."
The remarks suggest that traditional finance and blockchain are developing in a direction of gradual integration, rather than a competitive relationship.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
