Ripple’s Chief Technology Officer, David Schwartz, expressed optimism in an interview with Coindesk at the Ondo Summit about the rapid advancement of blockchain technology adoption, especially by institutional investors. Schwartz argues that institutions are the crucial catalyst for broader blockchain usage and predict a significant shift towards wider adoption across various industries. He believes that while retail adoption will certainly grow, it’s crucial to first establish connections with existing financial systems for maximum impact. ʼWe have to go where the value is’, Schwartz explained, emphasizing the need to integrate blockchain technology with traditional financial infrastructure. This approach aligns with the goal of expanding financial access, particularly for those currently excluded from mainstream banking.