The Democratization of Finance Spurs Innovation
- Democratization of finance makes a better world by unleashing entrepreneurial effort.
- Financial services will be software, creating significant disruption and changing consumer experiences in positive ways.
- Blockchain will be an enabler of structural change in financial services, delivering not only speed, accuracy, and low cost, but also bringing about decentralization and disintermediation.
- Global platforms will also have the effect of democratizing financial services; for example, giving access to venture capital to small individual investors.
- Crypto-currencies will be massively disruptive to monopoly fiat monetary systems.
- Consumers will be conscious of the quality change in financial ...