Wall Street is buzzing with tons of digital asset acronyms like DLT, CBDCs, RWA and Bitcoin ETFs. But what does it all mean? Well, Ian Andrews (CMO, Chainalysis) sits down with Naresh Nagia (Independent Senior Advisor, Deloitte) for a thoughtful conversation on everything tokenization and how it will disrupt the traditional financial banking system.

Naresh shares his expertise in financial services and highlights the potential benefits of DLT, such as operational efficiency and the ability to mobilize collateral.

He also discusses the importance of legal basis, KYC/AML regulations, and cybersecurity in the adoption of DLT and the implementation of smart contracts into the financial ecosystem.

Naresh expresses his preference for wholesale CBDC over retail CBDC and emphasizes the significance of Project Agora which is a major project launched by the Bank for International Settlements (BIS) for central banks worldwide to explore tokenization of cross-border payments

Minute-by-minute episode breakdown

2 | The role of an Independent Senior Advisor at Deloitte and bridging traditional finance and the future of Distributed Ledger Technology (DLT)

5 | Envisioning DLT disrupting the traditional financial systems

10 | Smart Contracts are neither smart or contracts

14 | Decentralized Ledgers and Bitcoin ETFs: TradFi meets Crypto

17 | Project Agora: How the Bank for International Settlements is pioneering trust in blockchain technology for cross border payments

20 | The future of stablecoins in global finance and debate over retail vs wholesale CBDCs

26 | The realistic applications of Real World Asset (RWA) Tokenization and what to look

Related resources

Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.

Website: Blockchain & Digital Assets With Deloitte, Trust is non-fungible™
Report: Central Bank Digital Currencies: Building Block of the Future of Value Transfer
Article: Tokenization in financial services: Embracing a new ecosystem
Project: Project Agorá: Central Banks and banking sector embark on major project to explore tokenization of cross-border payments
Registration: Digital premiere of Links 2024 (NYC Main Stage Content and more - Register Now!)
Report: The Chainalysis Crypto Spring Report (Download Now)
YouTube: Chainalysis YouTube page
Twitter: Chainalysis Twitter: Building trust in blockchain
Tik Tok: Building trust in #blockchains among people, businesses, and governments.
Telegram: Chainalysis on Telegram

Speakers on today’s episode

Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)
Naresh Nagia (Independent Senior Advisor, Deloitte)

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