Why Should Financial Services Adopt Digital Tokens?by@inverita
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Why Should Financial Services Adopt Digital Tokens?

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Digital tokens are a type of crypto asset that act as a tradable item for a digital representation of a particular asset. They can be obtained, transacted, stored, and accessed electronically. They facilitate peer-to-peer exchange without the need of going through a third-party intermediary. CFOs should adopt this technology in everyday financial activities to take advantage of the many benefits of blockchain tokenization. According to Accenture, investment banks can save up to $12 billion in matters concerning “costly reconciliation processes and systems” by leveraging blockchain technology.

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