
Sign up to save your podcasts
Or
Summary:
In this episode, Naman discusses his background in traditional finance and his interest in the intersection of technology and finance. He talks about the focus on central banking, interest rate policy, and the plumbing of the financial system in his work at Citadel. Naman also shares his observations on the changing perspective of traditional finance towards blockchain technology and cryptocurrencies. He highlights the potential of blockchain for improving settlement processes and reducing time lags in financial transactions. Naman mentions HQLAX as an interesting application that aims to enhance repo transactions using blockchain technology. In this conversation, Naman discusses the potential of instant settlement and T+0 settlement in the financial industry. He explains how HQLAX is working towards achieving this goal by verifying and authenticating transactions on the blockchain. Naman also highlights the importance of privacy and anonymity in decentralized finance (DeFi) and the challenges of balancing them with regulatory requirements. He emphasizes the need to protect vulnerable investors and prevent scams in both traditional finance and DeFi. Additionally, Naman explores the role of digital assets in global financial structures and the potential for countries to include them in their reserves.
Chapters:
00:00 Introduction and Background
03:06 The Role of Central Banking in Traditional Finance
05:12 The Geopolitical Implications of Financial Architecture
07:34 The Increasing Relevance of DeFi and Blockchain in Traditional Finance
09:34 Shifting Perspectives on Blockchain and Cryptocurrencies
18:54 Blockchain Technology in Traditional Finance
25:18 HQLAX: Enhancing Repo Transactions with Blockchain
28:27 Technical Difficulties
28:42 Instant Settlement and Authentication in DeFi
31:11 Balancing Privacy and Regulatory Compliance
33:52 Financial Innovation in DeFi for Retail Investors and Microfinance
36:35 Scams and Bad Actors in DeFi
38:47 Protecting the Vulnerable in Financial Innovation
40:14 Bubbles and Behavioral Elements in Financial Innovation
41:44 Tokenization of Assets and Regulation in DeFi
42:20 The Potential of Digital Assets in Reserve Portfolios
44:33 Digital Assets as a Component of Countries' Reserves
48:18 Factors Influencing the Adoption of Digital Assets by Countries
52:22 Closing Remarks
Follow us on:
Twitter (Eshan): https://twitter.com/eshanchordia
Twitter (Wes): https://twitter.com/weswfloyd
Twitter (DFI Podcast): https://twitter.com/thedfipod
Apple Podcasts: https://podcasts.apple.com/us/podcast/the-dfi-podcast/id1690224277
Spotify: https://open.spotify.com/show/2FSiZKAXz7ejxaQy6b74Ti?si=e018eb54825f44df&nd=1&dlsi=a7a279c377414246
Summary:
In this episode, Naman discusses his background in traditional finance and his interest in the intersection of technology and finance. He talks about the focus on central banking, interest rate policy, and the plumbing of the financial system in his work at Citadel. Naman also shares his observations on the changing perspective of traditional finance towards blockchain technology and cryptocurrencies. He highlights the potential of blockchain for improving settlement processes and reducing time lags in financial transactions. Naman mentions HQLAX as an interesting application that aims to enhance repo transactions using blockchain technology. In this conversation, Naman discusses the potential of instant settlement and T+0 settlement in the financial industry. He explains how HQLAX is working towards achieving this goal by verifying and authenticating transactions on the blockchain. Naman also highlights the importance of privacy and anonymity in decentralized finance (DeFi) and the challenges of balancing them with regulatory requirements. He emphasizes the need to protect vulnerable investors and prevent scams in both traditional finance and DeFi. Additionally, Naman explores the role of digital assets in global financial structures and the potential for countries to include them in their reserves.
Chapters:
00:00 Introduction and Background
03:06 The Role of Central Banking in Traditional Finance
05:12 The Geopolitical Implications of Financial Architecture
07:34 The Increasing Relevance of DeFi and Blockchain in Traditional Finance
09:34 Shifting Perspectives on Blockchain and Cryptocurrencies
18:54 Blockchain Technology in Traditional Finance
25:18 HQLAX: Enhancing Repo Transactions with Blockchain
28:27 Technical Difficulties
28:42 Instant Settlement and Authentication in DeFi
31:11 Balancing Privacy and Regulatory Compliance
33:52 Financial Innovation in DeFi for Retail Investors and Microfinance
36:35 Scams and Bad Actors in DeFi
38:47 Protecting the Vulnerable in Financial Innovation
40:14 Bubbles and Behavioral Elements in Financial Innovation
41:44 Tokenization of Assets and Regulation in DeFi
42:20 The Potential of Digital Assets in Reserve Portfolios
44:33 Digital Assets as a Component of Countries' Reserves
48:18 Factors Influencing the Adoption of Digital Assets by Countries
52:22 Closing Remarks
Follow us on:
Twitter (Eshan): https://twitter.com/eshanchordia
Twitter (Wes): https://twitter.com/weswfloyd
Twitter (DFI Podcast): https://twitter.com/thedfipod
Apple Podcasts: https://podcasts.apple.com/us/podcast/the-dfi-podcast/id1690224277
Spotify: https://open.spotify.com/show/2FSiZKAXz7ejxaQy6b74Ti?si=e018eb54825f44df&nd=1&dlsi=a7a279c377414246