Why Banks Are Embracing Blockchain They Once Rejected
Hackread outlines mainstream banking adoption of blockchain for faster settlement, tokenization, and cross‑border payments. JPMorgan’s network processes >$2B/day; SWIFT and Canton Network pilots expand institutional rails. Regulatory clarity and permissioned systems drive enterprise comfort.
CORTEX Protocol Intelligence Assessment
Business Impact: Blockchain rails reduce friction and operational risk in interbank settlement; new dependencies require third‑party risk scrutiny. Technical Context: Permissioned ledgers, tokenized deposits, and stablecoin‑linked flows reshape controls.
Strategic Intelligence Guidance
- Evaluate counterparty and smart contract risk in tokenized flows.
- Ensure key management and HSM controls for digital assets.
- Map blockchain dependencies into BCP/DR testing.
- Align compliance with evolving digital asset regulations.
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Targets
Intelligence Source: Why Banks Are Embracing Blockchain They Once Rejected - Hackread | Oct 22, 2025