Forbes: A "huge disconnect" still exists between Wall Street blockchain pilots and actual revenue generation.
CoinFeed reported on May 5th, citing Forbes, that despite Wall Street's growing interest in blockchain and asset tokenization, many institutional projects remain in the pilot and proof-of-concept stages, with limited cases of actual deployment and revenue generation. Canton CEO and Digital Asset co-founder Yuval Rooz stated that there is a "huge disconnect" between blockchain promises and actual revenue. The report notes that the main bottleneck for institutional blockchain adoption is not the technology itself, but rather execution and deployment capabilities. Kresus recently announced a partnership with Canton Network to help enterprises design, develop, and launch production-grade blockchain applications, from initial integration to large-scale deployment.