Ludwin: Blockchain will shrink the overall size of the financial system
Adam Ludwin · a16z Podcast | Blockchain vs/and Bitcoin · Jan 2, 2019 · at 16:53
Adam Ludwin, co-founder of Chain, explains how direct peer-to-peer asset settlement reduces the need for middleman institutions on the a16z Podcast.
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“I think most in general, what we envision, you know, over time is a much smaller financial system, actually, because many of the players in that in the financial ecosystem are there because they are helping to clear and settle, helping to Ensure there's no fraud. Ensure that identity is, is in line that all the KYC AML stuff is, is .”
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