Why don't traditional banks fully embrace blockchain technology yet?

Here's the real issue: no financial institution wants to expose their entire revenue model and operational data to competitors. It's just business.

But what if there's a way around this? Enter practical privacy solutions—think zero-knowledge proofs. These cryptographic tools let you prove something is true without revealing the underlying information. For an exchange or financial platform, this means you can settle transactions, verify assets, and maintain full transparency on the ledger while keeping sensitive business logic and financial flows completely confidential.

The tech is already here. The question is whether traditional finance will actually adopt it.