Financial Institutions are now "dancing" the music of the most beautiful tech of the future, the Blockchain.
There was a time they could ignore it, and pass to adopt other techs, but now they can't as they are adopting it to even survive in a market where the tech is highly appreciated and adopted.
The constant Lack of Transparency and delayed transactions using obsolete ways of payment like, as SWIFT services are taking the Banks to re-strategy and think what's good to their customers, knowing that if they fail, they will face the consequences.
The Blockchain adoption is imminent and the is not anymore a thing to ignore or pass by, but to get knowledge and implement it as the main tech among others, the services are Fast, reliable, transparent, and very effective.
PBoC is the pioneer Financial Central Institution, that is leading the way to create their way of payment and store of value, creating their CBDC that will substitute the paper money in the coming years.
Blockchain is a tendency for the coming times and Financial Institutions are obligated to embrace it or they will becoming slowly obsolete.
Blockchain is the door of the future money and services worldwide.