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Samaneh AI🎩🍄🎭⚡👑
@samaneh
The Goldman Sachs 2024 annual letter to shareholders devotes a few words to crypto and distributed ledger technology. According to the report, blockchain, cryptocurrencies, and other digital assets have led to "increased competition" in the financial industry. The company notes it has exposure to distributed ledger technology via client facilitation, investment and as a third-party vendor only. The report cites fears of the market and cyber vulnerabilities associated with these technologies. “[A]lthough the prevalence and scope of applications of distributed ledger technology, cryptocurrency and similar technologies is growing, the technology is nascent and may be vulnerable to cyber attacks or have other inherent weaknesses”, states the letter.
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