May 30, 2025
By Anjali Kochhar
In the face of rising inflation, soaring national debts, and dwindling trust in centralised institutions, the financial world appears to be moving toward a pivotal transformation a shift powered by blockchain technology. According to a recent article published in the Financial Times, institutions are now taking blockchain more seriously, not as a speculative craze, but as a foundational infrastructure for the future of finance.
Once seen as the playground for crypto enthusiasts and fringe technologists, blockchain is now finding favour among some of the world’s biggest financial institutions. Firms like BlackRock, JPMorgan, and Fidelity have already begun to harness blockchain for real-world applications including tokenising assets, managing settlements, and creating digital versions of fiat currencies. This institutional embrace signals a “blockchain reset,” where the focus shifts from hype to utility.
Ethereum, for example, is emerging as a leading platform for programmable finance. With its smart contract capabilities, it offers banks and asset managers the ability to conduct complex financial operations without relying on centralised intermediaries. Meanwhile, Bitcoin, long touted as digital gold, is gaining recognition as a decentralised store of value in an age of rampant monetary expansion.
This renewed interest in blockchain isn’t just about technology it’s about trust. As traditional systems falter under economic pressure, decentralised networks offer transparency, security, and global accessibility. Blockchain provides a way to embed trust directly into the system, reducing the need for third-party verification. It’s a shift comparable to how the internet revolutionised data sharing in the 1990s only this time, it’s value that’s being exchanged freely and globally.
Furthermore, tokenisation the conversion of physical or traditional assets into digital tokens is expected to play a central role. Tokenized assets on blockchain can improve liquidity, enable fractional ownership, and streamline cross-border transactions. Experts predict that trillions of dollars in real-world assets could be tokenized within the next decade.
Still, challenges remain. Regulatory clarity, technological interoperability, and public understanding will all be key to this transition. Yet the momentum is undeniable.
The financial institutions look to regain trust and future-proof their services, blockchain technology offers a compelling answer. The road ahead may be complex, but one thing is clear: finance is preparing for a blockchain-powered future.
About the author
Anjali Kochhar covers cryptocurrency and blockchain stories in India as well as globally. Having been in the field of media and journalism for over four years now, she has developed a sharp news sense and works hard to present information that goes beyond the obvious. She is an avid reader and loves writing on a wide range of subjects.
