The head of SocGen's blockchain unit says banks that don't adapt to new technologies could turn into the Kodaks of finance.

DeFi uses blockchain technology, like cryptocurrencies.
Alessandro Bianchi/Reuters

Banks must adapt to decentralized finance to survive, a banker behind an Ethereum bond ...

https://www.businessinsider.com/banks-defi-adapt-decentralized-finance-ethereum-eib-digital-bond-societe-generale-2021-5

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