“It’s good to get used to fatigue and running, but you don’t have to force the pace.” This phrase could easily apply to modern-day business, where we take it as given that we can achieve many goals, no matter how demanding or varied they are, but recognising that we need to take care of ourselves too. Sure, stress is inevitable, but we shouldn’t overdo it. So, it’s surprising that actually, the author of this quote is none other than the Roman politician, writer and poet, Marcus Tullius Cicero.
These words also perfectly describe the relentless acceleration that financial businesses and services are currently experiencing. In the words of a recent Deloitte study, they all “appear to be racing to write the future to define their role in it – but for now, this future remains uncertain”. However, within this uncertainty, there are still some clear truths, such as the fact that digital assets will be a driving force in the next phase of this evolution. This will be a radical but moreover welcome development, helping to put an end to the current brittle and fragmented nature of financial products and infrastructure.
“In the last year”, claims the report, “everything has changed for blockchain, digital assets, and financial services – and not only due to the COVID-19 pandemic. The proliferation of digital everything
as both a means of exchange and a store of value has expanded significantly, with a seismic shift impacting the global financial services industry (FSI)”.
Here at GDS Modellica, we wanted to extract some of the most important insights from this global blockchain survey and present them to you as an infographic. Of course, we also recommend, when you have the time, that you take a look at the original report