#blockchaineconomy
▶️✴️▶️Blockchain Technology in Banks:
▶️At the Wyoming Blockchain Symposium 2025 on Tuesday,✴️ Federal Reserve Vice Chair Michelle W. Bowman urged on to incorporate banking system with ✴️blockchain technology and ✴️digital assets within the✴️ banking system
▶️She called this moment a "Seismic Shift while analyzing money and financial system to by comparing Blockchain impact to industrialization and internet
▶️ According to her in banking system tokenization of assets could help transfer of ownership which will enable faster transactions without moving physical securities.