307. The Disruptive Potential of Cryptocurrencies in Banking

In this episode, host Michael Marchuk talks with Emmanuel Daniel, a global thought leader in the future of finance. Emmanuel discusses the current state of the banking industry and the impact of cryptocurrencies, AI, and the financialization of everything, explaining how banks are transitioning from traditional core banking systems to more responsive and secure infrastructure that can support 24/7 operations and personalization of finance. Emmanuel also highlights the potential role of cryptocurrencies in disrupting the banking industry and the need for banks to adapt to the changing landscape and the potential digitization of currencies.

Here’s what we talked with Emmanuel about: 

-Banks are transitioning from traditional core banking systems to more responsive and secure infrastructure that can support 24/7 operations and personalization of finance.

-Cryptocurrencies have the potential to disrupt the banking industry by enabling direct peer-to-peer transactions without intermediaries.

-The future of banking may involve the digitization of currencies, with central banks exploring the possibility of issuing central bank digital currencies (CBDCs).

-The role of banks in the future will depend on their ability to adapt to technological advancements and provide value-added services in a rapidly changing financial landscape.

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