Will Blockchain Make Banks Obsolete? In this episode, we sit down with Tianwei Liu, a co-Founder and the CEO of StraitsX to explore how blockchain technology is reshaping the future of payments and finance. As an engineer by training, Tianwei shares his journey from building automated payment systems to founding a company focused on solving real-world financial problems using blockchain. He highlights the power of blockchain's programmability, which allows for instant payment settlement and customization through smart contracts. This innovation can reduce delays and risks in transactions, especially in cross-border payments, where traditional systems often create friction and added costs. Tianwei also discusses the evolving landscape of digital currencies, including stablecoins, central bank digital currencies (CBDCs), and tokenized bank deposits. He explains how these new forms of money mirror traditional financial systems but offer improved efficiency and security through blockchain technology. While the tech behind these innovations is complex, the goal is to create seamless, user-friendly experiences that make transactions faster and safer. Tianwei’s insights offer a glimpse into how blockchain could fundamentally transform the way we think about payments and finance in the near future. Help support the YouTube channel by 'liking' the episode and subscribe. #technology #innovation #blockchain #payments #cryptocurrencies #fintech #digitalcurrencies Wachsman https://lnkd.in/gWd9qEHv
EP 338 - Will Blockchain Make Banks Obsolete? - Tianwei Liu - co-Founder and CEO of StraitsX
https://www.youtube.com/
Michael Waitze
1mo
Kenneth Chinedu Thank you.
Michael Waitze
1mo
Kabeer Naqvi FCCA, BFP ACA Thank you so much.
Michael Waitze
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Charlotte Ng Thank you for that.
Michael Waitze
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Maurizio Raffone Thank you for that.
Michael Waitze
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Sonia Elmina Thank you for that.
Michael Waitze
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Natalie Evie Thank you very much.
Michael Waitze
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Saar Ben-Attar Thank you so much.
Tianwei Liu
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Thanks Michael Waitze, really enjoyed our chat.
Kenneth Chinedu
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Blockchain is reshaping the future of payments and finances leading to faster and easier transaction Michael Waitze
Founder at Michael Waitze Media - Every Company Should Be Its Own Media Company
1moFalguni Khemka Thank you so much.