Asia's Digital Banking Lead Grows as Tokenization Forces the Great "Replumbing" of our Financial System

Artwork of the day: Point, Counterpoint, dueling street artists, Padua, Italy

Alessio-b, an Italian artist, creates street art that integrates images of children, hearts drawn on walls, and iconic figures. Much of his work can be found in his native Padua, his work transmits messages of peace and love with a touch of irony.

The problem is that not all street artists agree with his style of heart, peace, and love. They have started to advocate for more edgy composition on the streets and in this case, directly challenge his creation with the claim that it is “vandalism.”

The juxtaposition of these dueling points of view comes alive in this great pair of paintings.

So is it vandalism or beautification?

Asia In The Lead: Digital Banking's Unstoppable Growth

Digital banking is here to stay but boundaries with incumbents are blurring.

Digital banking is taking off and is an unstoppable force of nature, with Asia in the lead with the largest number of banks, most users, and the highest profitability.

I don’t think there’s any debate anymore that 100% online digital banks, whether you call them “virtual banks,” “online banks,” “neobanks,” or “challenger banks.” are an idea whose time has come.

Read more about how Asia's lead is insurmountable: HERE

The Truth about Tokenization: Many Plumbers, Many Systems

Our tokenized future will not be zero-sum with "one system to rule them all."

Plumbing isn’t zero-sum. There will be many plumbers and many plumbing systems in our tokenized future.

Tokenization is about to replumb the financial system and attain the promised gains in speed, efficiency, and cost.

Read more on why there will be many plumbers: HERE

Quantum-Resistant Tokenization: The Urgent Future Of Digital Assets

Trillions in tokenized assets will all need PQC!

HSBC with a non-technical paper that discusses two crucial concepts: asset tokenization and quantum resistance. These are two concepts that will become ever more important that you need to know about

I’ve written quite a bit about tokenization and how it will “change everything” in the not-too-distant future with a market estimated to be a $2-30 trillion market by 2030.

DO NOT MISS THIS PAPER! It covers tokenization and quantum resistance in one paper two concepts you need to understand: HERE

Is The Digital Euro A Sell Out to Banks?

Yes, it is, not just to banks but to the EU government.

So is the digital euro a sell-out to banks? The answer is complicated, but in short, yes!

This great read from the Veblen Institute and Positive Money criticizes the European Central Bank’s digital euro and says clearly that it is “heeding to the banking lobby.”

They are correct—the digital euro does heed or “sell out” to the banking lobby! But the question is why?

Dear reader, I wrote a lot about this topic, and I am sending readers to my long-form writing on this topic: HERE. While you're there, consider subscribing.

Digital Wallets Still Have A Long Way To Go

Digital Wallets Still Have A Long Way To Go

Google surveyed digital wallet use in Brazil, France, Germany, the UK, and the US and got results that show that digital wallet acceptance has a long way to go!

The reality of the survey is that it shows they just aren't that great or useful as they think.

Read on for more on how digital wallets are simply not providing users value: HERE