Banking Expert: This Is Cheaper, Faster and Safer Than Using Traditional Banking Networks!

Описание: In this episode, we dive into the challenges of the banking networks and how stablecoins can tackle them.

00:00 Intro
00:30 Guest Intro
02:18 What it is like living in Nigeria
05:06 The Bitcoin mining brother
06:27 Facebook & Libra Stablecoin
10:10 What is Crypto and Digital assets?
12:45 What is wrong with the current banking network?
17:30 Practical example why the system is failing
23:32 The costs of using the current banking network
29:58 SWIFT and the problem with banks communication
34:08 What is the blockchain network?
42:40 What are Stablecoins?
47:17 What are the types of Stablecoins?
52:18 Stablecoins vs banking network speed
57:24 Stablecoins vs banking network cost
1:00:24 Stablecoins vs banking network transparency
1:01:26 Stablecoins vs banking network agility
1:04:36 Regulations and Compliance in Stablecoins
1:08:13 It is harder to use Stablecoins for illicit activities
1:13:43 Refuting the rumor crypto is for criminals
1:20:00 Using Stablecoins to screen your customers
1:22:17 Where are Stablecoins regulated
1:23:40 Challenges in regulations
1:27:36 Banking system failures
1:28:57 How should we view Stablecoins?
1:31:21 What's Zodia Markets
1:34:32 How to start using Stablecoins – Practical example 1
1:37:58 Practical example 2
1:39:05 Zodia Markets future plans
1:40:00 Africa challenge
1:41:00 Final thoughts & closing


Guest Speaker Name: Nick Philpott
Title: Co-Founder Zodia Markets
LinkedIn:   / nick-philpott  
Company Link: https://zodiamarkets.com/

Host Name: Mohamed Kortam
LinkedIn:   / mokortam  

Listen to the Episode on Spotify:
https://open.spotify.com/episode/4gFZ...

Subscribe & Stay Updated If you enjoyed this episode, don't forget to like, subscribe, and hit the bell icon for updates on our latest discussions around the latest in Corporate Treasury for the MEA region.

Follow us on:
LinkedIn:   / meatreasurers  
Instagram:   / meatreasurers  
Spotify: https://open.spotify.com/show/5ulC6dH...
Apple Podcasts: https://podcasts.apple.com/us/podcast...
Amazon Music: https://music.amazon.com/podcasts/c06...