Standard Deviations with Dr. Daniel Crosby cover image

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.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app