Saltar la navegación
The Future Of Money
Article

The Future Of Money

A Complete Revolution

Forbes, 2021


Editorial Rating

7

Qualities

  • Innovative
  • Bold
  • Visionary

Recommendation

The financial services sector is undergoing a major transformation: For decades, the industry operated within an analog, discrete and enclosed framework. But decentralized finance and fintech work within a digital, embedded and dispersed space. The new paradigm offers customers software and apps rather than traditional paper-based and in-person transactions, and it promises even more. Matthew Harris, a technology investment specialist, assesses the changing landscape in this informative essay aimed at financial professionals.

Take-Aways

  • Fintech is moving financial services from a centralized framework to a decentralized finance model based on blockchain technology.
  • The future financial system will operate with “probabilistic money.”
  • Cryptocurrencies will replace fiat currencies.

About the Author

Matthew Harris is a partner at Bain Capital Ventures.


Comment on this summary or Comenzar discusión