Consensus sys founder: Ethereum is the infrastructure for the restructuring of the modern financial system
According to online reports, Joseph Lubin, founder of Consensus sys and co-founder of Ethereum, published a column in the Financial Times pointing out that the current financial system is facing structural pressures such as a crisis of confidence, high inflation and debt accumulation. He believes that blockchain networks such as Ethereum are similar to the role of the Internet protocol HTTP in the 1990s and can provide a new decentralized, programmable infrastructure for the global financial system. Lubin emphasized that this is not to replace traditional banks and fiat currencies, but to build an open financial architecture that coexists and interoperates with existing systems, which has been adopted by institutions such as BlackRock and JPMorgan Chase.
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