
Dave Nadig - Understanding Financial Futurism: Key Innovations Transforming Wealth Management
Standard Deviations with Dr. Daniel Crosby
00:00
The Future of Financial Innovation
The idea that we're going to still be working in an overnight net settlement system run by mainframes by NSCC to settle stock trades in 20 years is insane. The ideas that came out of the early DeFi window maybe five years ago, decentralized autonomous organizations, smart contract based derivatives, those things make so much sense it's impossible for me to imagine they are eventually where we end up. I don't think this is a Wild West where we reinvent capitalism one anonymous person at a time. But those innovations are going to get baked into financial services. There's just no question in my mind.
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