Revolutionizing Payments: Perspectives from Brazil to the US

Jul 17, 2024

Elton Chang from Propel discusses Brazil's real-time payment systems like PIX, AI's role in smart contracts, and the need for regulatory awareness in emerging markets. They explore Propel's focus on blockchain, AI investments in Latin America, and the contrast between Brazil and the US payment systems. The podcast also covers regulatory compliance, meme coins, investor tips, and the Brave browser for private web browsing.

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Intro

00:00 • 2min

Journey to Propel and Focus on Blockchain and AI Investments

01:33 • 7min

Exploring Investments in Emerging Markets with a Focus on Latin America

08:09 • 2min

Advancements in Payment Systems: Brazil vs. United States

10:25 • 4min

Exploring Regulatory Landscape and Emerging Technologies in Investments

14:25 • 10min

Exploring Meme Coins, Investor Approaches, and Building in Public

24:52 • 4min

Elton Chang, Investor at Propel, discusses how Brazil is setting the standard for real-time payment systems with PIX, and why Central Bank Digital Currencies (CBDCs) and stablecoins have the ability to revolutionize financial services in emerging markets. We also discuss the critical need for regulatory awareness in these rapidly evolving sectors.

Key Takeaways:

Why Propel is focused on Latin American countries like Brazil and Argentina as a result of the slower adoption of new payment standards in the US
The diversity offered by specialized blockchains, and how AI makes smart contracts even smarter
Practical advice for early-stage founders and engineers seeking investment

Guest Bio: Elton Chang is an investor at Propel*, an early stage venture capital fund based in San Francisco. Propel invests in the "new financial economy"—that is, companies that enable, accelerate, deliver, and secure the future of value exchange. Propel is particularly focusing on AI and crypto as two frontier technologies to help update the financial system.

* Propel is a Registered Investment Advisor, and Elton's comments are not investment advice.

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About this Show:

The Brave Technologist is here to shed light on the opportunities and challenges of emerging tech. To make it digestible, less scary, and more approachable for all!

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