In this episode, we dive into the challenges of banking networks and how stablecoins can help solve them.

Chapters:

00:00 Intro
00:30 Guest Intro
02:18 What it is like living in Nigeria
05:06 The Bitcoin mining brother
06:27 Facebook & Libra Stablecoin
10:10 What is Crypto and Digital Assets?
12:45 What is wrong with the current banking network?
17:30 Practical example: Why the system is failing
23:32 The costs of using the current banking network
29:58 SWIFT and the problem with banks' communication
34:08 What is the blockchain network?
42:40 What are Stablecoins?
47:17 What are the types of Stablecoins?
52:18 Stablecoins vs banking network speed
57:24 Stablecoins vs banking network cost
1:00:24 Stablecoins vs banking network transparency
1:01:26 Stablecoins vs banking network agility
1:04:36 Regulations and compliance in Stablecoins
1:08:13 Why it’s harder to use Stablecoins for illicit activities
1:13:43 Refuting the rumor: Crypto is for criminals
1:20:00 Using Stablecoins to screen your customers
1:22:17 Where are Stablecoins regulated?
1:23:40 Challenges in regulation
1:27:36 Banking system failures
1:28:57 How should we view Stablecoins?
1:31:21 What's Zodia Markets?
1:34:32 How to start using Stablecoins – Practical example 1
1:37:58 Practical example 2
1:39:05 Zodia Markets future plans
1:40:00 Africa challenge
1:41:00 Final thoughts & closing

Guest Speaker Name: Nick Philpott

Title: Co-Founder Zodia Markets

LinkedIn: https://www.linkedin.com/in/nick-philpott/

Company Link: https://zodiamarkets.com/

Host Name: Mohamed Kortam

LinkedIn: https://www.linkedin.com/in/mokortam/

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