Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He's now covering the crypto beat as a contract reporter at CoinDesk.
Platforms like Near, Polkadot and Cardano are using new approaches to improve the trade-off between scalability, decentralization and security, a report from the bank said.
The current environment is the perfect setting for the decentralized-financial system to stand out as an alternative to traditional banking, a report from the firm said.