The use of #blockchain and now permissionless

programmable #blockchain like #bitcoin#ethereum has been disruptive and continues to be so.

As a result of the disruption, #blockchain has been identified as a key piece of building block for the financial services industry leading to the new world order, where decentralized and distributed trust is the norm.

It fundamentally challenges the way we store, secure, transfer and process data. It is impacting all layers of current financial stack, instruments (digital money), infrastructure (decentralized networks with sophisticated blockchain algorithms) and intermediaries (role of traditional intermediaries like financial institutions and big tech is being challenged).

Acceptance, support and even collaboration from governments of the world will be key to adoptions and maturity of the ecosystem.
There is a case to be made for interoperability between traditional infrastructure and #defi infrastructure, and I believe acceptance of both models will be the norm for the next few years but beyond that , who knows what sort of unprecedented world order we will experience, but one thing is for sure, it won’t be anything like today.

\Marcel van Oost Arjun Vir Singh Prasanna Lohar Efi Pylarinou Panagiotis Kriaris Paolo Sironi Shuki Licht

Ajay Singh Pundir

Over the last decade and half, Ajay has acquired experience across ‘Business Strategy’, ‘Sales management’, Business Development’, ‘Solution Consulting’ and ‘Research and Development’. He has been leading interactions with financial institutions, fintechs, software vendors and services organizations globally, acquiring crucial global exposure of varied financial technology markets with a focus on payments but not limited to it.

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