“Most banks still run on cores from the 1970s.”
Why is that a problem? Because moving money still means passing through multiple intermediaries, each maintaining separate ledgers and reconciling on its own schedule.
@deechoubey, Founder and CEO of @OpenReserveBank, joins @chuk_xyz and @rparekh on Money Machines to explain why he’s rebuilding banking infrastructure from scratch.
The vision: one unified ledger, built on blockchain architecture, that brings these fragmented systems together.
Every intermediary is a toll gate, and one shared ledger takes most of them out of the path.
Tune in to the full conversation below!
Powered by @raincards.
Show more
Nobody really just wants money.
Money is just a means to an end: security, opportunity, freedom, even status.
Those ends haven’t changed.
What's changing is the technology underneath the decades old financial system.
Introducing Money Machines, a podcast about how finance is becoming 24/7, programmable and agent-driven.
Join hosts @chuk_xyz and @rparekh as they speak with operators working on stablecoins, tokenized assets and artificial intelligence.
The conversations examine how emerging financial systems work, what it takes to build them and what these shifts mean for businesses and investors.
The first episode drops tomorrow. Links in the first reply.
Powered by @raincards
Show more
