Davos Voice: Mainstream finance will fall behind if new technologies such as blockchain are not adopted

According to some experts at the World Economic Forum (WEF) in Davos, Switzerland, if mainstream finance does not adopt new technologies, such as blockchain and encryption, they will fall behind. Among them, Riccardo Spagni, former head maintainer of Monero, said, "I think through many of these events and some other blockchain events, we started to show them that if they don't adapt, if they don't change, they will eventually fail. They will eventually lose because new finance will replace old finance.