Yes, Crypto Still Matters by Dante Alighieri Disparte
— Disintermediation, Traditional brick, Dc – without uber, Internet, Uber, Choice, Wherein even central banks, Puts, Less financially, Reviewing — 1 min read
Large, bureaucratic, highly regulated industries do not evolve with the pace of technological innovation unless they are confronted with a new competitive challenge. The emerging world of blockchain-based financial services has propelled mobile device-centric banking and payments as well as software-powered capital markets. At least 105 central banks, representing 95% of global GDP, are reviewing the merits and risks of creating central bank digital currencies. But the global digital-currency race that matters is not about the values that are being transferred, it is about the rails that will convey those values between parties, especially across borders, writes Aaron Miller. Miller: Will the emergence of crypto have a potentially transformative new technology?Undoubtedly, crypto and a potentially disintermediation problem will simply play the field Source