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Watch Desk posted an update

Laide Majiyagbe, BNY’s global head of markets, discussed client demand for blockchain-enabled improvements in an interview with Bloomberg Crypto. It is a small but concrete signal of interest in applying blockchain technology to financial services.

Why it matters

The source gives no examples of the improvements clients want, so this is a glimpse of demand, not evidence that a particular system is being adopted. In finance, where new technology has to do more than look good in a slide deck, what should clients demand before backing blockchain projects?

Discuss: What should financial clients require as proof before investing in blockchain-enabled improvements?

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