Lumen Loop
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VideoYouTubeAIBC WorldJune 18, 20266d ago8:05

How Blockchain Can Change the Way Banking Works?

Nelson, Risein Stellar Philippines' country lead, discusses blockchain's competitive edge in emerging markets. The key message: sustainable builders succeed through entrepreneurial thinking and 3-5 year roadmaps, not grant-chasing. Real opportunity lies in DeFi, where transparent, algorithm-driven systems outperform traditional banking.

Emerging MarketsDeFiFinancial Inclusion
Lumen Loop's take

At AIBC, Risein Stellar Philippines lead Nelson discusses blockchain's potential to transform banking in emerging markets. The conversation covers remittances, cross-border payments, and DeFi—but the core insight is mindset. Nelson emphasizes that sustainable projects require entrepreneurial thinking: builders must develop 3-5 year roadmaps, understand regulatory requirements upfront (like remittance licenses), and solve real problems rather than chase funding. He contrasts blockchain's transparent, algorithm-driven security with traditional banking's fractional reserve model, where only 30% of deposits are held in reserve. Nelson argues government support through startup grants and clearer regulations would accelerate adoption in high-growth markets like the Philippines.

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Stellar Development FoundationInfrastructure & Services
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The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of the Stellar ne…

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