Crypto Is the Future, Says CEO of $1.5 Trillion Financial Giant
In her recent op-ed published by Fortune, Jenny Johnson, chief executive officer at financial giant Franklin Templeton, argues that the financial industry can no longer afford crypto and blockchain, arguing that they represent the future of finance.
Johnson has warned that legacy firms that are reluctant to embrace this disruptive technology could end up getting “wiped out” like American video rental shop Blockbuster.
This inevitable disruption is expected to take place within the next five years, according to the Franklin Templeton boss.
She believes that legacy financial systems are too slow and geographically siloed to remain relevant.
