Elton Chang, Investor at Propel, discusses how Brazil is setting the standard for real-time payment systems with PIX, and why Central Bank Digital Currencies (CBDCs) and stablecoins have the ability to revolutionize financial services in emerging markets. We also discuss the critical need for regulatory awareness in these rapidly evolving sectors.

Key Takeaways:

• Why Propel is focused on Latin American countries like Brazil and Argentina as a result of the slower adoption of new payment standards in the US

• The diversity offered by specialized blockchains, and how AI makes smart contracts even smarter

• Practical advice for early-stage founders and engineers seeking investment

Guest Bio: Elton Chang is an investor at Propel*, an early stage venture capital fund based in San Francisco. Propel invests in the "new financial economy"—that is, companies that enable, accelerate, deliver, and secure the future of value exchange. Propel is particularly focusing on AI and crypto as two frontier technologies to help update the financial system.

* Propel is a Registered Investment Advisor, and Elton's comments are not investment advice.

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About this Show:

The Brave Technologist is here to shed light on the opportunities and challenges of emerging tech. To make it digestible, less scary, and more approachable for all!

Join us as we embark on a mission to demystify artificial intelligence, challenge the status quo, and empower everyday people to embrace the digital revolution. Whether you're a tech enthusiast, a curious mind, or an industry professional, this podcast invites you to join the conversation and explore the future of AI together.

The Brave Technologist Podcast is hosted by Luke Mulks, VP Business Operations at Brave Software—makers of the privacy-respecting Brave browser and Search engine, and now powering AI everywhere with the Brave Search API.

Music by: Ari Dvorin

Produced by: Sam Laliberte