The banking industry is in for major innovation. Society is looking for faster payment methods. Global commerce is lacking efficiency, liquidity, transparency, and security. Digital financing technology is looking to speed up settlement times for cross border payments.

The steps associated with everyday card transactions go through more steps than expected. Correspondent banking utilizes intermediary banks to facilitate transactions between un-associated banks. A simple transaction may go through 2-3 intermediary banks before reaching its final destination.

Payment instruments or fancy collectibles? Recognize the difference in functionality within ledgers and a crypto’s intended use case.

Understand how, through crypto, we can bring real world assets onto the blockchain creating instant settlement across markets like stocks, bonds, real estate, and other large ticket items. Tokenizing allows for On-demand liquidity, and interoperability allows for harmonious interactions.

When dealing with global trade and multiple currencies, the need for a neutral bridge asset becomes apparent when agreements like the Petrodollar reach its expiration. Allowing for fiat currencies to be documented on the blockchain increases efficiency 24/7.

Bitcoin and other cryptocurrencies have been in existence for over a decade. We are nearing a boiling point, where crypto has become too mainstream for governments not to step in and create legislation that provides clear rules and allows for the innovation for the betterment of society.