E13 - Sorel Carr on FinTech
Description
Sorel Carr is the Head of FinTech Business at BNZ (Bank of New Zealand). Sorel comes from a decade in corporate banking and has been down the blockchain rabbit hole looking to inject new emerging tech such as defi into the more traditional banking world.
In this conversation we discuss the centralised networks banks are part of such as SWIFT & CBDCs, and the decentralised competitors that can run stablecoins, and defi protocols like Uniswap.
Timestamps:
01:27 how do you define fintech?
06:09 is a bank a fintech?
09:22 future of money RBNZ & CBDCs
17:49 future of cash
21:58 SWIFT
28:24 stablecoins
33:11 defi
41:12 pancake swap & uniswap
48:05 UST & FTX
50:21 tokenisation
52:52 bcnz
54:29 rapidfire: chatGPT, future outlook
1:02:17 end
Some notes from the show:
- software is eating the world https://a16z.com/2011/08/20/why-software-is-eating-the-world/
- RBNZ future of money https://www.rbnz.govt.nz/money-and-cash/future-of-money
- CBDC tracker https://cbdctracker.org/
- NZ helicopter money https://www.stuff.co.nz/national/politics/114413517/give-kiwis-helicopter-money-cash-payouts-if-economy-crashes--treasury
- China CBDC status https://cbdctracker.org/currency/china-e-cny
- UK CBDC pilot https://www.reuters.com/markets/currencies/consumers-face-20000-pound-limit-digital-pound-bank-england-says-2023-02-07/
- Russian SWIFT sanctions https://en.wikipedia.org/wiki/SWIFT_ban_against_Russian_banks
- China/Saudi oil priced in Yuan https://oilprice.com/Energy/Energy-General/Saudi-Arabia-Considers-Ditching-The-Dollar-For-Chinese-Oil-Sales.html
- alternatives to SWIFT https://en.wikipedia.org/wiki/SWIFT#Competitors
- NAB to launch stablecoin https://www.coindesk.com/business/2023/01/19/national-australia-bank-becomes-second-australian-bank-to-build-stablecoin/
- NZ corruption index https://www.transparency.org/en/countries/new-zealand
- JPMorgan defi trade https://www.benzinga.com/markets/asia/22/11/29552324/jpmorgan-executes-first-defi-transaction-for-singapores-project-guardian
- Aave https://aave.com/
- NZDs(table) https://www.techemynt.com/
- BSC validators https://bscscan.com/validators#
- SushiSwap zombie attack https://www.gemini.com/cryptopedia/sushiswap-uniswap-vampire-attack
- pancake swap tokenomics https://docs.pancakeswap.finance/tokenomics/cake/cake-tokenomics
- Matt Damon https://www.youtube.com/watch?v=tEjjufPd3Is
- no crypto at the Superbowl https://cryptonews.com/news/there-will-no-crypto-advertisements-during-super-bowl-year-heres-why.htm
- Roofstock sells house as NFT https://www.forbes.com/sites/amydobson/2022/10/26/blockchain-makes-deeper-inroads-into-real-estate-as-roofstock-announces-its-first-nft-home-sale/
- chatGPT https://chat.openai.com/chat
- NFTs on Bitcoin https://decrypt.co/resources/what-are-ordinals-a-beginners-guide-to-bitcoin-nfts
Contact Sorel:
Find Jeff:
The BCNZ Pod:
- Website https://podcast.blockchain.org.nz/
- YouTube
- Apple Podcasts
- Google Podcasts
- Spotify
- iHeartRadio
Sponsor:
The Blockchain New Zealand podcast is brought to you by EasyCrypto
Media & Sponsorship Enquires:
Recorded at blockheight 775626. The BCNZ podcast was founded in 2022 by Jeff Nijsse and Bryan Ventura.