Goldman Sachs Checks says in the shareholders ’speech, says the technology raising competition in the banking industry.
Goldman Sachs tells the shareholders of the shareholders that its competitors are now providing encryption products and services that the bank does not do.
In its annual report 2024, Goldman Sachs He says In some cases, competing companies offer products that customers may prefer, such as specific digital assets, which Goldman cannot choose or not provide.
According to the bank, competition can help create better clients.
Goldman Sachs goes on to say that the techniques based on artificial intelligence and artificial intelligence have strengthened the competition in the banking industry.
“The growth of electronic trading and the introduction of new products and technologies, including the professor’s booking and distribution book techniques, such as cryptocurrencies, and artificial intelligence technologies, have increased competition.”
Titan’s financial services also say it “is exposed to risks” through various activities that include digital assets due to the potential of cybersecurity.
“In addition, although the spread of applications and applications of the professor’s book distributed, the encrypted currency and similar technologies grow, technology is alone and may be vulnerable to electronic attacks or have other rooted weaknesses.
We are risks, and we may be exposed to additional risks related to the distributed professor’s book technology, including by facilitating customer activities that involve financial products that use the Distributed Professor Book Technology, such as Blockchain, Cryptocurnies, or other financial brokers, and receiving cryptocurrencies or other digital assets as guarantee. ”
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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