Blythe Masters solidified her Wall Street reputation as a top-level executive at J.P.Morgan, which she left in 2014 after a career spanning 27 years. Since then, she has bridged the gap from financial institutions to fintech startups by becoming CEO of Digital Asset, a leader in the use of Distributed Ledger Technology for wholesale financial services providers, and as the Governing Board Chair for Hyperledger, an open-source collaborative effort created to advance cross-industry blockchain technologies.
Given her experience, Masters has a firm grasp on how the technology is poised to change the way in which the financial services industry operates to make it more efficient, safe and innovative.
"Blockchain technology represents a generational opportunity to mutualize database infrastructure across entities within financial services," she said. "What that translates into is an enormous cost-saving, risk-reducing, and capital-enhancing opportunity."
While Digital Asset builds new software based on Distributed Ledger Technology, Hyperledger serves as an open evaluation platform for advancing the technology. "I would describe Hyperledger as a tremendous opportunity for collaboration for firms that range from gigantic commercial concerns all the way to the smallest, newest startups. It's a community of great intellectual depth and great commercial breadth, and as such, I think the opportunity to be part of that is a unique and enriching experience," said Masters.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
