According to Wu Blockchain, an a16z crypto article states that while traditional finance appears digital on the surface, its underlying systems still rely on fragmented infrastructure and constant reconciliation. The core issue lies in how multiple parties confirm asset ownership, settlement times, transaction ordering, and applicable rules. The article argues that Wall Street's adoption of blockchain isn't primarily driven by decentralization ideals but rather to solve counterparty coordination issues. Blockchain can serve as a neutral, programmable shared infrastructure, making financial assets easier to compose, scale, and integrate. https://(wublock123.com)/news/wall-street-adopts-blockchain-to-solve-counterparty-coordination-60807