During this week’s Citi Digital Money Symposium, Russell Barlow of UK asset manager abrdn described DLT and tokenization as ‘transformational’ compared to AI which delivers efficiency improvements. Barlow is Head of Multi-Asset and Alternative Investment Solutions, the division with over £150 billion ($190bn) in assets under management.
“I don’t think in our careers we’ll have an opportunity to be part of something that could be as disruptive as we are looking at in terms of the enhancements that come from DLT and everything that’s associated with it and the ecosystem,” said Barlow.
In his comparison between DLT and AI, he noted that AI has taken off because people can use it and see its benefits. In contrast, DLTs are “a bit boring and they’re quite complex and they use a whole load of terminology that’s not normal for us,” he said. Hence, he sees a need to demystify the sector.
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