Goldman Sachs’ Interest In Blockchain Shows Innovation Out of Necessity

Mathew McDermott has assumed the role of global head of digital assets for banking giant Goldman Sachs, touting future blockchain predictions.  “In the next five to 10 years, you could see a financial system where all assets and liabilities are native to a blockchain, with all transactions natively happening on chain,” McDermott told CNBC for an Aug. 6 article.  Tweeting out the quote on Aug. 6, Morgan Creek Digital co-founder Anthony Pompliano added: “Wall Street is about to learn why technologists say innovate or die.” McDermott’s big plans include expansion…