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
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