This week our experts brought you the following insights based on their experience as investors, entrepreneurs & executives.
Monday Ilias Hatzis our Greece-based crypto entrepreneur (Founder & CEO at Kryptonio a “keyless” non-custodial bitcoin and cryptocurrency wallet, that lets users manage bitcoin and crypto, without private keys or passwords and Weekly Columnist at Daily Fintech) @iliashatzis wrote What’s next for DeFi?
In the financial world, 2021 will likely be remembered for two things. First, it was the year that Bitcoin began to gain traction, with a growing number of major financial institutions, huge technology corporations, and even a government signing on. Second, it’s the year DeFi’s value exploded, rising from less than $1 billion to $88 billion, since May 2020. More importantly, DeFi gets rid of the necessity for centralized regulated money custodians and creates a new system based on transparency, democracy, and seemingly limitless mobility.
Editor note: Ilias takes us on a data-driven tour of the state of the art in Defi (Decentralised Finance).
Tuesday Bernard Lunn, CEO of Daily Fintech and author of The Blockchain Economy wrote: 4 part series on Lightning Network Part 3: Tigger says be patient it is happening and will change everything
Tigger bounced onto stage at the Pooh Corner Tech Debate and got a big cheer when he said “soon all Bitcoin wallets will have a Lightning Network capability and users will simply notice faster confirmation and lower fees.”
A positive heckler shouted “and that will solve the economic incentive issue for node operators that Eeyore was blathering about”.
On an excitable roll, Tigger pointed to recent news indicating traction.
Editor note: If last week’s post was too bearish for you, you will like this bullish take on Lightning Network.
Rintu Patnaik, an Insurtech expert based in India, wrote: API-led Platform businesses rising – Swiss Re’s iptiQ in focus
Digital ecosystems, orchestrated by powerful platform businesses and crisscrossing traditional industry sectors, are estimated to top 30% of global economic activity by 2025. While Amazon, Google, Alibaba, Tencent are early pioneers, others are shaping up across strata, in B2B as well as B2C. They thrive by efficiently matching supply with demand while solving deep entrenched problems, such as protection gaps.
Editor note: Rintu analyses the B2B2C ecosystem from Swiss Re that they call iptiQ
To continue receiving ‘This Week in Fintech’, the weekly recap of our articles, you will need to fill this form to give us consent to send this to you. Please note that Daily Fintech requires your organizational email address (e.g. corporate, educational or government) and your LinkedIn URL. This information is required for subscribers who want ‘This Week in Fintech’ for free. If you prefer to not provide this information, you can still receive all our content by becoming a paying member.