Financial System Still Inefficient, Blockchain Infrastructure Innovation Needed, DSRV Executive Says

"Content and information can now be distributed in real time at low cost, but the financial system still relies on decades-old closed infrastructure. Blockchain can overcome those limitations."

Byung-yoon Seo, co-chief executive officer of DSRV, made the remarks on April 29 at the DeSeRVe All 2026: Web3 Neobank event at Conrad Seoul in Yeouido, Seoul. DSRV is an infrastructure company with the world's ninth-largest Ethereum validator stake.

Seo focused on blockchain's potential to improve financial efficiency. Existing financial networks such as Visa and Swift operate on massive data centers and closed networks, making them costly and slow, he said. As a result, individuals and companies pay corresponding fees when making payments or remittances.

Blockchain works differently. Payment, clearing and settlement are completed as soon as a block is created, allowing value to be transferred in real time much like sending an email, he added.

Seo pointed to blockchain projects such as Tether and Hyperliquid as examples of higher revenue per employee than traditional finance. Tether and Hyperliquid generated about 4.8 billion won and 10 billion won in revenue per employee, respectively, last year, compared with 1.8 billion won for Goldman Sachs over the same period, he said.

Seo said DSRV aims to bring blockchain-driven financial efficiency to global markets. The company is working with more than 160 clients worldwide and is accelerating practical infrastructure development, he said. DSRV's goal is to address global liquidity constraints and build a neobank that can provide financial services to anyone in the world.