Web3 & Banking
Areas of Web3 Adoption In #banking : Areas which are ripe for #web3 adoption are wholesale cash management and retail #payments , #custody and asset servicing, and private #capitalmarkets .
Unlocking Web3's Potential in Banking :
Portable, persistent and reusable identities will be crucial in unlocking web3's potential. It's incumbent upon banks and regulators to facilitate adoption of decentralized identity over centralized and federated ones.
What are the roadblocks?
Regulatory Uncertainty and Quantum of Change needed to transition to Web3.
If you are working on Web3 use cases for the financial services industry, write to [email protected] .
Share your learnings, challenges and thoughts on enabling web3 adoption in comments.
Realtor Associate @ Next Trend Realty LLC | HAR REALTOR, IRS Tax Preparer
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