BlockBeats news, on June 14th, according to Fortune, Jenny Johnson, CEO of Franklin Templeton, stated that public chains are evolving into highly efficient coordinating machines that have the potential to replace some traditional financial infrastructure while unleashing new value for investors. Solana is one of the first blockchains focused on institutional investors and has demonstrated processing power of nearly 65000 transactions per second, a number comparable to the Visa network. Sui is a relatively new blockchain with transaction processing speed almost twice that of the latter. With the upcoming upgrade, public chains may soon be able to increase their throughput to hundreds of thousands or even millions of transactions per second.
Decentralized trading platforms like Uniswap, which allow for peer-to-peer market making without the need for custody, are catching up with centralized counterparts on traditional exchanges and processing trillions of dollars in trades annually. With the increase in speed of these systems, their verification and security functions have also been significantly improved, not only able to resist hacker attacks, but also better verify identity and asset ownership. The transformation of digital asset technology will not be slow or gradual. It is expected that in the next five years, the development speed of our industry will exceed that of the past fifty years.
