Welcome to the Advisory Team: Nick D’Angelo

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  1. Education is important as a significant number of people are not well educated on blockchain. This is a serious impediment to adoption as leaders do not understand and cannot explain how it works, the risks and mitigants, as well as the benefits. The industry is still learning how to come up the learning curve. Some do this by adopting very small instances/use cases to use as test beds, providing first-hand experience, knowledge, and specific outcomes that can be discussed amongst senior leaders, businesses, technology, risk management, and internal audit.
  2. There is risk with technology and platforms that cannot be directly managed/owned by some financial institutions. This typically increases time to market as significant due diligence must be performed by financial institutions prior to utilizing third-party platforms/software/services.
  3. Similarly, some technologies increase efficiency and effectiveness so well that it reduces the need for certain people, teams and processes. This can cause banks to reduce their workforce which can take significant time to implement and carries HR costs and risks. This can, unfortunately, slow adoption significantly.

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‘Credit vs Cash’ spot market fintech using blockchain protocols. Great liquidity access. Instantaneous settlement. $ersdl #DeFI #middlemarketdefi #uniswap

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‘Credit vs Cash’ spot market fintech using blockchain protocols. Great liquidity access. Instantaneous settlement. $ersdl #DeFI #middlemarketdefi #uniswap

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