Financial Services in Flux: Tokenization, DPI, and GenAI

Artwork of the day: “Crayon House Foreclosure” Banksy, 2011, Los Angeles, US

The work features a girl who has just drawn a crayon house, only to find a workman had boarded it up.

The artwork elicits a range of emotions, from curiosity and introspection to a sense of unease and vulnerability. Banksy's use of graffiti and street art techniques adds an element of urban grit and rebelliousness, challenging conventional artistic norms and pushing the boundaries of artistic expression.

I picked today’s art as it shows the role of art during societal changes. I wonder if fintech will inspire any artists.

Tokenization: The New Rails of Finance Are Coming

Tokenization is real, and any asset that can be tokenized eventually will be.

Tokenization is no longer just a buzzword—it’s ready to become the backbone of modern finance.

This insightful piece from OMFIF highlights how tokenization is transforming the financial landscape, with industry leaders and the former head of the Bank of England championing its potential.

Read more to see if you are you ready for the disruption? HERE

India achieved in 9 years what would have taken 50 without Digital Public Infrastructure

DPI isn't just for developing nations, we all need it!

India’s Digital Public Infrastructure (DPI) is a gift to the world and can promote productivity, inclusivity and sustainable growth. It has irrefutably bettered the lives of hundreds of millions of people and brought the nation forward by decades. The title above is not an exaggeration!

Read more about India's submission to the G20: HERE

The Future of Financial Advice: Digital Trends and Human Touch

Finfluencers? Never forget meme stocks and "stonks."

Financial advice is going digital and, at the same time, shifting to meet changing demographics and different ideas of what investment goals are and what constitutes advice.

Financial advice is no longer about your broker taking you to lunch! In fact, between robo-advising, hyper-personalized digital offerings, and social media “influencers,” that model is as dead as can be.

But here’s the irony for all of the GenAI and social media (remember meme stocks stonks?) people still want humans in the loop.

More about why humans aren't going anywhere: HERE

Top Tech Trends Report Reveals a Boom for Tech But a Surprising Bust for Jobs

The streets of tech are not paved with gold.

McKinsey shows what tech matters most for companies in 2024 and why for, for many tech employees, tech was a bust in 2023 despite a boom.

This is a great read, but it is important to understand that it is not like other tech trend reports that are trying to find the next big thing.

Read more about the blowout in tech jobs: HERE

"Galactic Grid:" The CBDC Matchmaker Central Banks Have Been Longing For.

When you want to build a CBDC, who are you going to call?

Central banks often struggle to find the right technology partners to work with when building a CBDC.

That’s why Chavanette Partners launched the “Galactic Grid,” which connects central banks with building partners to reduce the hassle of finding vendors.

So what does it do? Read on to find out! HERE

Weekend Read: Generative AI: Insights You Need From HBR

"Business is changing, Will you adapt or be left behind?

HBR's tagline for this report seems to sum up nicely why this made the weekend reading list.

The report is a compilation of eleven articles exploring GenAI, and the articles have something for everyone.

Download the report: HERE