區塊鏈技術與加密貨幣日益成為全球銀行與金融機構關注的重點。大型銀行已因監管明確及競爭壓力，展開多項加密貨幣及分布式帳本工具的試點計畫與合作討論。
花旗分析師指出：「區塊鏈的推動動力來自不斷演進的監管環境與對透明度和問責制的重視。」銀行除了致力現代化核心系統，也關注像穩定幣這類新金融工具。許多銀行正評估運用區塊鏈來簡化後台流程，擺脫緩慢且紙本為主的作業模式。
瑞銀集團2024年的報告提到，旗下自主開發區塊鏈支付系統（UBS Digital Cash）試點，有助跨境支付「更高效率和透明度」，顯示產業對分散式帳本方案的濃厚興趣。同時，銀行高層也強調必須謹慎行事，規劃僅從小規模試點、合作專案等初步方式參與加密領域，待監管環境更明朗再擴大作法。
銀行對區塊鏈的興趣涵蓋私有帳本網絡與公共加密生態。不少大型銀行參加區塊鏈聯盟或發展權限型平台——從摩根大通的 Quorum 到 IBM 的 Hyperledger Fabric——同時密切觀察以太坊和穩定幣等公開鏈。例如，桑坦德銀行推出基於 Ripple 技術的海外支付服務 One Pay FX，美國多家大型銀行則曾低調討論合資發行美元計價的穩定幣。
各大央行也積極開發數位貨幣，銀行則相應準備整合央行數位貨幣（CBDC）及資產代幣化存款。例如，四十家領先銀行（包含摩根大通、匯豐、瑞銀、三菱日聯）參與國際清算銀行主導的「Agora」專案，測試批發型 CBDC 與銀行存款代幣化於跨境支付的應用。業界觀察家認為，區塊鏈之吸引力來自效率、安全性和透明度——「提升運營效率、強化資料保護並降低詐欺風險」——但同時也關心詐欺、隱私與技術挑戰。
銀行應用的區塊鏈與加密技術範疇
銀行運用各種區塊鏈和加密技術，從私有分散式帳本到公共網絡，各具不同功能。
公有鏈與權限鏈
多數銀行傾向採用權限型（私有）區塊鏈，僅限經驗證成員參與，能有效控管存取權限及隱私。例如，瑞銀的跨境數位現金支付計畫便建立於僅授權人士可存取的私有區塊鏈網絡。
摩根大通的 Quorum（企業級以太坊）或 R3 的 Corda 這類權限平台，能讓銀行互相共享帳本，又不必對外公開資料。相較之下，公有鏈（如比特幣、以太坊）屬於無許可制，任何人都可參與，流動性高但隱私性低。
銀行通常間接利用公有鏈運作——如為客戶託管加密貨幣、在公有鏈上發行代幣——但多數金融應用仍以權限網路滿足隱私與監管需求。
加密貨幣與數位資產
銀行逐步將加密貨幣納入服務內容。目前數家機構已針對特定客戶提供比特幣、以太幣等主流加密貨幣的託管與交易服務，以因應市場需求。
例如，摩根大通、高盛、渣打等已相繼為客戶推出加密貨幣交易平台或託管服務。然而，由於價格波動及監管尚不明確，銀行對於內部大額持有加密資產，仍持謹慎態度。
因此，一些銀行重點轉向穩定幣——將代幣與法幣掛鉤。多家大型銀行積極研究穩定幣以提升結算效率，其中摩根大通的 JPM Coin 已可即時完成等值法幣在自家帳本內流轉。2025年中，媒體報導《華爾街日報》得知摩根大通、美國銀行、花旗、富國銀行等已展開早期討論，研擬共同發行受監管穩定幣。此類穩定幣全年無休運作並有美元資產支撐，有望讓銀行資金移轉大幅提速。實際上，銀行運用區塊鏈往往採取私有帳本搭配代幣，如桑坦德以 RippleNet 的中介帳本訊息路由完成支付，雖然至今銀行尚未直接大規模採用 XRP 進行清算。
資產代幣化
資產代幣化——即將實體資產以區塊鏈形式呈現——為另一重點領域。銀行長期試點發行代幣化存款、債券或其他有價證券，藉此提高流動性與全天候交易。舉例而言，花旗曾試驗代幣化貨幣市場基金與債券，並實際啟動代幣化存款的 24 小時轉帳試點。
匯豐與北方信托分析師預估，到2030年全球金融資產代幣化占比將達5-10%。在貿易金融領域，銀行推動平台化簡化信用狀、發票等流程。知名案例如 we.trade 聯盟（成員包括西班牙對外銀行、德意志銀行、匯豐、KBC、北歐銀行、荷蘭合作銀行、桑坦德、法國興業、瑞銀等），共建 Hyperledger Fabric 網絡簡化進出口融資。
資產代幣化有望速結清算並提升透明度。正如花旗高管所說，區塊鏈旨在「用更精簡的運營效率、強化的數據保護和降低詐欺」取代現有集權系統。然而大量產業試點顯示，代幣化交易現階段規模有限，多數銀行將這類代幣用於內部流動性管理，而非大規模市場交易。
穩定幣與央行數位貨幣（CBDC）
除了私有穩定幣外，全球央行亦加緊布局數位貨幣（CBDC）計畫。商業銀行密切追蹤相關動態，因批發型 CBDC 可能成為未來結算基礎。多個央行（如歐洲央行、日本央行、美國聯準會）已發布設計報告或啟動試點。值得一提的是，BIS 與 IIF 主導的全球「Agora」試點涵蓋44國、數十家銀行，測試代幣化 CBDC 與銀行存款的互通性。
瑞士央行的 Helvetia 項目同樣成功以 CBDC 帳本發行多筆數位債券，參與銀行包含瑞銀與商業銀行，且隨有更多銀行加入，央行也準備擴大規模。
這些行動顯示，銀行正積極為以數位法幣（不只是加密貨幣）作為跨境和大額支付基礎的未來做準備。在新興市場，中國的數位人民幣（e-CNY）試點已相當成熟（交易金額以兆計），亞洲各大銀行也正連結相關平台。
去中心化金融（DeFi）整合
去中心化金融（DeFi）——基於公有鏈的智能合約放款、交易及支付——暫時仍與傳統銀行分離，但逐漸引發受監管金融機構關注。
少數銀行直接參與 DeFi 協議，部分則於權限場景探索類似概念。例如，銀行研究自動化流動池與代幣化信貸，希冀實現全天候融資。
摩根大通 Onyx 單位曾加入 MakerDAO 治理委員會，共同制定以太坊借貸之機構運用規則；此外大型金融機構正開發混合模式：數位資產交易所及託管銀行嘗試將鏈上服務納入監管架構。總的來說，銀行持續觀察如代幣化貸款、流動性質押等 DeFi 創新，追求效率提升，但實際應用尚處初期並嚴格控管風險。
金融機構導入區塊鏈與加密技術的利與弊
區塊鏈為金融機構帶來明確的優勢，同時也帶來挑戰。
優勢
不可竄改的分散式帳本大幅提升效率。建立交易的單一「黃金記錄」，可減少昂貴的對帳並加速結算。埃森哲估計，銀行若於證券處理與合規作業全面使用區塊鏈，可削減30-50%基礎設施成本。
智能合約帶來支付、授信、KYC（認識你的客戶）自動化與可稽核性：每筆交易都經密碼學加時戳並可驗證。例如 we.trade 等交易平台開啟信用狀自動履約，顯著減免紙本作業與延遲。銀行重視區塊鏈的安全性與透明度：分散式且以密碼學守護的良好設計區塊鏈，能有效防範竄改及強化詐欺偵測。摩根大通指出，JPM Coin「能降低客戶對手方及結算風險」，讓現金在鏈上代幣化。
此外，新型加密工具也讓銀行可向科技型客戶提供創新服務（如加密貨幣託管、資產代幣化投資產品），開拓新營收來源。正如瑞銀在區塊鏈試點所稱，「可讓支付比現有方式更有效率與透明」——這也是業界共識。
挑戰
儘管優點明顯，銀行仍擔憂重大潛在風險。 Cryptocurrency markets remain volatile, raising concerns about asset price swings and liquidity.
加密貨幣市場持續波動，引發了對資產價格波動與流動性的擔憂。
Regulators have warned banks explicitly to be “wary of volatility, legal uncertainty and liquidity risks” when dealing with crypto. Indeed, many executives (like JPMorgan’s Jamie Dimon) cite money-laundering and market abuse risks inherent in crypto networks.
監管機構已明確警告銀行，在處理加密貨幣時需「警惕波動性、法律不確定性以及流動性風險」。事實上，許多業界高層（如摩根大通的 Jamie Dimon）一再指出，加密網絡固有的洗錢與市場濫用風險。
Permissioned blockchains mitigate some risks, but they can sacrifice privacy and decentralization. Banks face significant integration challenges: connecting blockchains to core banking systems and legacy processes is complex, and scaling solutions to enterprise volume can be difficult. Citi’s analysts caution that blockchain still carries “vulnerability to potential fraud, confidentiality concerns and secure access to digital assets” as key risks.
受權區塊鏈可減輕部分風險，但可能犧牲隱私與去中心化。銀行在整合過程中面臨重大挑戰：要將區塊鏈與核心銀行系統及舊有流程串接非常複雜，將解決方案擴展到企業級規模亦是難題。花旗分析師提醒，區塊鏈依然存在「潛在詐騙風險、機密性疑慮及數位資產安全存取」等關鍵風險。
There are also operational hazards – smart contract bugs or protocol outages could disrupt services – and legal uncertainties since many crypto laws are still evolving. Finally, customer expectations are a factor: converting clients to new blockchain-based experiences requires education and trust. Banks must therefore balance blockchain’s promise against these regulatory, technical and business hurdles.
還存在營運風險——智慧合約漏洞或協議中斷都可能導致服務中斷——並且由於許多加密貨幣相關法律仍在演變中，法律層面的不確定性同樣不容忽視。最後，客戶期望也是一大考量：要將客戶引導至區塊鏈新體驗，需花費心力教育並取得信任。因此，銀行必須在區塊鏈的潛力和各種監管、技術及商業挑戰之間取得平衡。
7 Blockchain and Crypto Technologies Used by Banks
銀行應用的七大區塊鏈及加密技術
Ripple (XRP)
Ripple’s suite of cross-border payment tools is notable among banks, though adoption of its native token XRP has been limited.
Ripple 的跨境支付解決方案在銀行業中頗受關注，儘管其原生代幣 XRP 的採用度有限。
Ripple offers two main products: xCurrent (a messaging and settlement system) and xRapid (which uses XRP for liquidity). Santander’s One Pay FX service is built on Ripple’s network (xCurrent), enabling faster international transfers between the bank’s subsidiaries. In a 2016 R3-led trial, a consortium of banks (including Barclays, RBC, Santander and others) successfully used XRP to rebalance liquidity: banks converted fiat into XRP and back to execute instant cross-border payments, reportedly saving up to 60% in funding costs.
Ripple 提供兩大核心產品：xCurrent（訊息傳遞與結算系統）與 xRapid（利用 XRP 提供流動性）。Santander 的 One Pay FX 服務即建構於 Ripple 網路（xCurrent），讓該銀行子公司之間的國際匯款更快速。2016年 R3 主導的一項實驗中，一個由多家銀行（含巴克萊、加拿大皇家銀行、桑坦德等）組成的聯盟成功採用 XRP 進行流動性再平衡：銀行先將法幣換成 XRP，再換回法幣即時實現跨境支付，據稱最多節省高達 60% 資金成本。
However, Ripple’s executives acknowledge that “xRapid and XRP are not being used by banks” currently ; those pilots mainly involved money-transfer companies. Some Asian banks (via SBI Ripple Asia) and fintechs have integrated RippleNet messaging, but most institutions have hesitated to hold XRP due to its crypto status. Thus, Ripple’s blockchain has mainly been tested for payments efficiency and 24/7 liquidity, even as banks await clearer regulation of cryptos.
然而，Ripple 高層坦言，目前「xRapid 與 XRP 尚未被銀行實際採用」，過去的試點多由匯款公司參與。一些亞洲銀行（透過 SBI Ripple Asia）及金融科技公司已導入 RippleNet 訊息系統，但多數傳統機構因 XRP 的加密貨幣屬性而不願持有。因而，Ripple 區塊鏈至今多作為支付效率及全天候流動性的測試平台，銀行仍在觀望加密貨幣監管規範是否明朗化。
JPM Coin and Onyx by JPMorgan
JPMorgan’s Onyx business has developed several blockchain solutions, led by the JPM Coin project and its Quorum-based networks. In 2019 JPMorgan launched JPM Coin – a digital token pegged 1:1 to the U.S. dollar – for instantaneous settlement among institutional clients.
摩根大通的 Onyx 部門主導開發了多項區塊鏈解決方案，重點包括 JPM Coin 項目及多種基於 Quorum 的網絡。2019 年，摩根大通推出 JPM Coin——一種與美元 1:1 錨定的數位代幣，專為機構客戶間即時結算設計。
When a client transfers funds on the bank’s ledger, the sender hands over JPM Coins that the receiver then immediately redeems for dollars, enabling trustless real-time transfers and lowering settlement risk.
當客戶透過銀行台帳轉帳時，發送方交付 JPM Coin，接收方則可即時兌換美元，無需信任機制即可完成實時轉帳，大幅降低結算風險。
As JPMorgan’s Umar Farooq explained, the bank sees a “unique opportunity” to build this capability responsibly under regulatory oversight. Beyond JPM Coin, Onyx has built blockchain services for broader cash management. Notably, Siemens (in Germany) and other corporate clients are already using JPMorgan’s blockchain platform to move money globally in real time. JPMorgan is expanding these services into Switzerland and beyond, expecting to onboard corporate customers onto its blockchain network in the near future. On the interbank side, JPMorgan’s Quorum (a permissioned Ethereum fork) underpins its Interbank Information Network (IIN, now Liink) involving hundreds of banks , and is being used to prototype new cross-border settlement systems with partners in Australia and Canada.
正如 Umar Farooq 所說，摩根大通認為，銀行有「獨特機會」在監管下負責任地發展此功能。除了 JPM Coin，Onyx 也建立了用於現金管理的區塊鏈服務。值得一提的是，德國西門子等企業客戶已使用摩根大通區塊鏈平台實現全球即時資金調動。該銀行正將服務擴展至瑞士等地，計劃近期讓更多企業用戶加入其區塊鏈網絡。在銀行間合作方面，摩根大通的 Quorum（以太坊授權分支）支撐著銀行間資訊網（IIN，現稱 Liink），覆蓋全球數百家銀行，並已與澳洲、加拿大等夥伴共同驗證新型跨境結算系統。
In sum, JPMorgan has fully embraced private-chain solutions: JPM Coin for tokenized cash and Onyx platforms for payments and trade, while still steering clear of owning open cryptocurrencies itself.
總結來說，摩根大通已全面擁抱私有鏈方案：以 JPM Coin 進行現金代幣化，並透過 Onyx 平台實現支付與貿易自動化，但始終避免直接持有公開型加密貨幣。
Ethereum / Quorum
Ethereum, the leading smart-contract platform, also finds use in banking – chiefly through permissioned variants. Several banks have built or participated in private Ethereum-based networks.
以太坊，作為主流智慧合約平台，也被銀行業應用——主要以授權版為主。已有多家銀行自行建構或參與企業專用以太坊網絡。
For instance, Quorum (developed by JPMorgan) is essentially an enterprise Ethereum with added privacy features. Bloomberg reported that ConsenSys acquired Quorum in 2020 and that JPMorgan continues to support it as an open-source project.
例如，Quorum（由摩根大通開發）本質上是加強隱私保護的企業級以太坊。根據彭博報導，ConsenSys 於 2020 年併購 Quorum，摩根大通則繼續以開源形式支持此專案。
Beyond JPMorgan’s work, banks are members of the Enterprise Ethereum Alliance and have used Ethereum for tokenization pilots. A key example is the Komgo platform (founded by banks and energy traders) which uses Quorum to automate commodity trade finance (approving KYC and issuing digital letters of credit). Moreover, some international funds and bond issuers have used Ethereum testnets: Societe Generale issued a retail bond as a security token on Ethereum in 2019.
除了摩根大通的應用外，多家銀行也是企業以太坊聯盟成員，並利用以太坊進行資產代幣化試點。例如 Komgo 平台（由銀行及能源交易商發起）即利用 Quorum 自動化商品貿易融資（自動 KYC 與數位信用狀核發）。此外，部分國際基金及債券發行人也利用以太坊測試網：法國興業銀行於 2019 年以以太坊發行過一檔零售債券數位證券。
JPMorgan itself publicly endorsed Ethereum’s potential by noting Quorum’s roots in Ethereum. In practice, banks appreciate Ethereum’s mature smart-contract capabilities and large developer ecosystem, but deploy it in permissioned, regulated settings to maintain compliance.
摩根大通亦曾公開肯定以太坊潛力，並強調 Quorum 源自以太坊。在實際操作上，銀行看重以太坊智慧合約成熟度及龐大開發社群，但多半於授權、合規環境下進行應用導入。
Hyperledger Fabric
Hyperledger Fabric (an open-source blockchain framework from the Linux Foundation) is widely used in trade and finance consortia. Designed for private networks, Fabric lets permissioned entities run smart contracts without a public token.
Hyperledger Fabric（由 Linux 基金會主導的開源區塊鏈框架）在貿易和金融聯盟中應用廣泛。Fabric 專為私有網絡設計，可讓授權成員執行智慧合約，無需發行公開型代幣。
A prominent banking use-case was we.trade, a trade finance platform jointly launched by a dozen banks (including Santander, HSBC, Société Générale, UBS, Nordea, KBC and others) and IBM. We.trade’s network – built on IBM’s blockchain platform running Hyperledger Fabric – enables European exporters to automate letters of credit, track shipments and manage payments across borders with minimal paperwork. By registering trades on the shared ledger, banks involved in we.trade could significantly cut processing time and risk.
一個有代表性的應用案例是 we.trade——由十多家銀行（包括 Santander、滙豐、法國興業銀行、瑞銀、Nordea、KBC 等）與 IBM 共同推出的貿易金融平台。We.trade 的網絡建立於 IBM 基於 Hyperledger Fabric 的區塊鏈平台，讓歐洲出口商可自動化信用狀、追蹤貨運、並簡化跨境付款流程，幾乎無須繁瑣紙本作業。透過在共享台帳登記交易，參與 we.trade 的銀行可大幅減少處理時間與風險。
Other banks have used Fabric or similar frameworks for supply-chain finance and compliance projects.
其他銀行也採用 Fabric 或類似框架，用於供應鏈金融及合規專案。
For example, Barclays and other banks have collaborated with IBM on a Fabric-based repo market platform, and HSBC/ING have joined consortia using Hyperledger for various trade-use cases. While Hyperledger Fabric lacks a native cryptocurrency, it provides the secure, modular environment banks need for tokenizing assets and automating contracts in joint ventures (with automated consensus but without mining).
例如，巴克萊等銀行與 IBM 合作開發基於 Fabric 的回購市場平台，滙豐與 ING 也加入了多個基於 Hyperledger 的貿易聯盟。儘管 Hyperledger Fabric 沒有原生加密貨幣，但它提供銀行在聯盟專案中所需的安全、模組化環境，可進行資產代幣化與合約自動化運作（自動共識、無須挖礦）。
R3 Corda
R3’s Corda is another permissioned distributed ledger platform, tailored for financial institutions. R3 consists of a consortium of 100+ banks and institutions dedicated to building Corda applications. In 2017, R3 and 22 major banks (Barclays, HSBC, Citi, RBC, Santander, etc.) announced a joint prototype for cross-border payments on Corda.
R3 的 Corda 是另一款針對金融業設計的授權分散式帳本平台。R3 由 100 多家銀行及金融機構組成，專注於 Corda 應用的開發。2017 年，R3 與 22 間大型銀行（如巴克萊、滙豐、花旗、加拿大皇家銀行、桑坦德等）共同發表基於 Corda 的跨境支付原型。
The idea was to let banks settle payments in minutes on a shared ledger, eliminating traditional correspondent banking delays. Corda’s architecture is designed to handle large transaction volumes and privacy between parties. While initial R3-backed projects focused on trade and asset tokenization, R3 also launched the Marco Polo network (for trade finance) and the Voltron initiative (for letters of credit).
這項設計目的是讓銀行能於共用台帳內用數分鐘完成支付結算，省去傳統通匯行的拖延。Corda 架構專為大量交易及雙方隱私設計。初期 R3 專案主攻貿易金融與資產代幣化，後續又推出 Marco Polo 網絡（貿易融資）及 Voltron 計畫（信用狀自動化）。
Several global banks use Corda in pilots: Natixis, for example, stated it was “exploring initiatives” in cross-border payments on Corda, believing in the promise of distributed ledger payments. More recently, R3 has been expanding its platform to integrate with public blockchains like Solana for greater interoperability.
多家國際銀行已在 Corda 平台進行試點，例如 Natixis 表示正在「探索」基於 Corda 的跨境支付方案，相信分散式帳本支付大有可為。近期，R3 亦積極擴展平台，結合 Solana 等公有鏈，以提升互通性。
In banking, Corda’s strength is its industry backing (members include most large Western banks) and its focus on multi-party workflows. Several central banks have even used Corda to simulate tokenized financial market infrastructures in pilot projects.
在銀行業，Corda 的優勢在於其產業支持度高（成員多為西方大型銀行），並高度專注於多方業務流程。部分中央銀行甚至以 Corda 模擬數位化金融市場基礎設施做概念驗證。
Central Bank Digital Currencies (CBDCs)
CBDCs are digital forms of fiat currency issued by central banks, and banks are actively preparing for them.
央行數位貨幣（CBDC）為中央銀行發行的法定數位貨幣，銀行體系正積極為此作準備。
Around the world, nearly every major currency is exploring or piloting a CBDC. Commercial banks are participating in wholesale CBDC tests, where CBDCs circulate only among banks, as a way to revolutionize settlement. For example, the Atlantic Council reported that all G20 nations are researching CBDCs and 44 countries had active pilots as of 2024.
全球幾乎所有主要貨幣均已進入 CBDC 研究或試點階段。商業銀行多參與批發型 CBDC 測試，CBDC 僅於銀行間流通，有望根本變革結算流程。據大西洋理事會統計，截至 2024 年，G20 全體國家均正研究 CBDC，全球已有 44 國推動試點。
Some banks are already building the rails: a consortium of 40 banks (JPMorgan, HSBC, UBS, MUFG, etc.) joined the G7/BIS “mBridge/Agora” project to test a platform combining tokenized CBDCs and bank deposits for cross-border transfers. In Switzerland, the Swiss National Bank’s Project Helvetia involves six banks (UBS, Commerzbank, etc.) issuing and settling digital bonds on a wholesale CBDC platform. On the retail side, banks in the eurozone and U.S. are awaiting the ECB and Fed moves: the ECB expects to finalize the digital euro framework by 2026 , after which retail payments via CBDC could transform consumer banking.
部分銀行已著手建設 CBDC 應用基礎：由 40 家銀行（摩根大通、滙豐、瑞銀、三菱日聯等）組成的聯盟，參與 G7/BIS「mBridge/Agora」計畫，測試綜合 CBDC 及銀行存款代幣的跨境轉帳平台。瑞士國家銀行的 Helvetia 計畫則聚集 6 家銀行（如瑞銀、德商銀行等），在批發 CBDC 平台上發行及結算數位債券。在零售端，歐元區與美國的銀行正觀望歐央行和聯準會行動：歐央行預計 2026 年定案數位歐元框架，屆時 CBDC 零售支付將可能徹底改變大眾銀行業務。
In Asia, banks have already interfaced with China’s e-CNY pilot – currently the largest CBDC trial – as businesses accept digital yuan payments. Ultimately, CBDCs could give banks new ways to provide accounts and credit; banks may hold retail CBDC accounts, and use wholesale CBDCs to settle large transactions instantly and reduce central-bank reserves.
亞太方面，銀行早已對接中國的數位人民幣（e-CNY）試點——目前規模最大的 CBDC 測試——許多企業已陸續接受數位人民幣支付。總體而言，CBDC 將為銀行帶來為客戶開立帳戶、提供信用的新模式：銀行得以持有個人 CBDC 帳戶，並利用批發型 CBDC 進行巨額即時結算、降低準備金。
Chainalysis and Crypto Compliance Tools
As banks venture into crypto, they rely heavily on blockchain analytics and compliance software.
隨著銀行逐步進軍加密市場，他們極度依賴區塊鏈分析與合規工具。
Specialized firms like Chainalysis, Elliptic, and CipherTrace provide tools to monitor blockchain transactions and flag illicit activity, helping banks meet anti-money-laundering (AML) rules.
專業公司如 Chainalysis、Elliptic 與 CipherTrace，為銀行提供區塊鏈交易監控工具及非法活動標記服務，協助銀行遵循反洗錢（AML）規範。
For example, Chainalysis’s monitoring platform is used by financial institutions to “track flows of cryptocurrency” in real time. These analytics
舉例來說，Chainalysis 的監控平台已被多間金融機構採用，可即時「追蹤加密貨幣流向」。這些分析工具……tools map addresses to real-world entities and can detect ransomware, terrorist funding or sanctions evasion. Banks’ AML and fraud departments integrate these platforms to screen client crypto-transfers and on-ramp transactions. As regulators increase crypto oversight, automated compliance systems become essential. JPMorgan and other large banks invest in these analytics tools or partner with fintechs to ensure every crypto trade passes strict KYC/AML checks. In essence, Chainalysis and peers are the plumbing that allows traditional banks to safely enter the digital-asset space, by translating opaque blockchain data into actionable compliance intelligence.
工具可將地址映射到現實世界的實體，並能偵測勒索軟體、恐怖分子資金或制裁規避行為。銀行的反洗錢（AML）及防詐部門會整合這些平台，以篩查客戶的加密貨幣轉帳及法幣入金交易。隨著監管機構加強對加密貨幣的監督， 自動化合規系統已成為不可或缺的要素。摩根大通與其他大型銀行正投入這類分析工具，或與金融科技公司合作，確保每一筆加密交易都能通過嚴格的 KYC/AML 檢查。本質上，Chainalysis 等同業正扮演著「管道」的角色，使傳統銀行能安全進入數位資產領域——將不透明的區塊鏈數據轉化為可行動的合規情報。
Closing Thoughts
Blockchain and cryptocurrencies are poised to reshape financial services, with banks moving beyond experiments to concrete deployments. Major global banks are now running live pilots, from blockchain-based cross-border payments (UBS Digital Cash) to tokenized securities (Swiss digital bonds) and CBDC networks (mBridge/Agora).
區塊鏈和加密貨幣正準備重塑金融服務業，銀行已從實驗階段邁向實際應用。目前，多家全球主要銀行已在進行現場試點，包括區塊鏈跨境支付（如瑞銀數位現金）、數位化證券（瑞士數位債券）及央行數位貨幣（CBDC）網絡（如 mBridge/Agora）。
The narrative has shifted: where executives once dismissed blockchain as hype, today they acknowledge its potential to cut costs and improve transparency. Yet adoption remains selective.
過去高層主管曾將區塊鏈視為炒作，如今則開始正視其降低成本與提升透明度的潛力。不過，目前採納的情況仍屬謹慎且選擇性地推進。
Banks typically deploy permissioned blockchain solutions in areas like trade finance and cash management (as seen with we.trade, Quorum and R3 projects), rather than relying on public cryptocurrencies. They are also cautious adopters, mindful of regulatory and integration challenges. For now, the industry focus is on “money-legos” that connect legacy systems with new digital rails – in other words, building out hybrid models that combine blockchain’s strengths with existing banking infrastructure.
銀行多半在貿易融資、現金管理等領域採用私有區塊鏈解決方案（例如 we.trade、Quorum 及 R3 專案），而非依賴公用加密貨幣。它們在導入過程中亦相當謹慎，深知監管和系統整合的挑戰。目前業界重點放在「貨幣積木」式的組合，讓傳統系統能與新數位基礎設施對接——換言之，就是建立結合區塊鏈優勢與現有銀行基礎建設的混合模式。
Looking ahead, the blockchain landscape in banking is likely to deepen. As stablecoins and CBDCs mature, banks may handle digital cash just as they do paper currency today, transforming settlement and customer services. Cross-border payment networks are evolving to include tokenized deposits, as 40+ banks demonstrated in the BIS-led trials.
展望未來，銀行業的區塊鏈應用版圖有望持續擴展。隨著穩定幣與央行數位貨幣（CBDC）日益成熟，銀行將有可能像現在處理紙鈔般管理數位現金，徹底改變結算和客戶服務。跨境支付網絡亦正在發展，納入數位代幣存款；如 BIS 主導的試點中，就有超過 40 家銀行參與。
Analysts predict that as regulatory frameworks solidify, more institutions will integrate tokenization for assets and explore blockchain-based capital markets. The next few years could see banks offering seamless on-chain services – for example, tokenizing mortgages or trade invoices for 24/7 processing. However, banks will continue balancing innovation with caution. The consensus view is that blockchain will gradually supplement, rather than replace, traditional banking rails. As one industry report noted, 2025 could be the year blockchain adoption takes off in earnest, much like the impact seen recently from AI – provided regulators and technologies align favorably. In the meantime, banks will keep piloting and partnering, building the infrastructure to ensure they remain at the center of finance even as the plumbing becomes digital.
分析師預測，待監管框架穩定之後，將有更多機構實現資產上鏈與區塊鏈資本市場的探索。未來數年內，銀行可能提供無縫鏈上服務——例如將房貸或貿易發票代幣化，實現 24 小時全年無休的流程。不過，銀行仍會在創新與風險之間權衡。業界普遍認為，區塊鏈將逐步補足、而非完全取代傳統銀行基礎設施。正如某份產業報告所提，2025 年可能成為區塊鏈真正起飛的關鍵時刻，就如近期 AI 帶來的影響一樣——前提是監管及技術環境足夠成熟。當前，銀行將繼續試辦和合作，持續建設基礎設施，確保即使金融的「水管」逐漸數位化，它們仍能穩居金融體系核心地位。