This week on WealthTech Unwrapped, Neds speaks to his long-time friend and best-selling author, Henri Arslanian, Co-Founder of Nine Blocks Capital Management. They discuss various Fintech ecosystems and how they will shape the future of finance across the globe.

As they discussed Crypto Currencies, Henri highlights that we need to have this moral and intellectual duty to at least try to understand the technology, what it does, and what the potential use cases could be before placing judgment. He emphasizes that taking an educated point of view is very important to the future of this technology while assisting with proper regulations behind it.

When it comes to banking trends, Henri predicts that the one thing we need to look out for has to do with Central Bank digital currencies. He mentions the irony behind how it is the opposite of BitCoin as Central Bank digital currencies are way more centralized and created more intrusively from a privacy perspective than regular money. Central Bank digital currencies run on similar features to Bitcoin but with tighter control.

With that being said, he also highlights Decentralised Finance (DeFi), which allows you to have financial services with no intermediaries, it could be something to look out for over the next couple of years as well, as it is gaining popularity enabling trading borrowing, lending, and even insurance, all purely in a decentralized way.