Elevator Pitch
This is a discussion on how regulation will affect Decentralized Finance and FinTech.Decentralized finance will change the way we think of finance, and the way government controls the way that humans and societies engage in commerce.
Description
I believe that access to financial services is a basic human right. Our current financial system is broken in a lot of ways. bank transfers are slow and takes time for fiat money to move around. Today there’s about 2 billion people in the world who have a cell phone, but they don’t have access to financial services, meaning a bank account or credit card of any kind.
Notes
Reggie Sibley is CEO of FEX. FEX’s mission is to create a financial system that is not controlled by any one country or company. It’s decentralized. Most people find FEX, through our first products, which is Favor Exchange. It’s a great app both on the desktop and on mobile, where people can buy and sell digital currency and store it securely. Any payment in the world is as fast, cheap and global as sending email.