Ethereum to replace settlements layer

Ethereum is arguably the most practical and efficient cryptocurrency and blockchain going. First, has the biggest team of developers and the platform can host a multitude of different dApp types. And with DeFi it hosts the fastest growing sector in the cryptocurrency ecosystem.

This has revived institutional interest in Etheruem, and has led some to predict that Ethereum might even fully replace Wall Street’s ageing backend and become the full settlements layer for legacy financial system.

How Could Ethereum Replace Wall Street’s Settlements Layer?

Ethereum is a decentralized smart-contract platform with a multitude of potential use cases. Moreover, with the financial infrastructure creaking at its aging backend, institutions desperately need a new, fluid technology like Ethereum to keep up. Read More at Ethereum Nexus

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