Reinventing the Wheel: Trends & Challenges in FinTech
Yieldstreet | Staff
The evolution of FinTech has come an impressively long way in a short period of time, but the transformation is far from over. In today’s episode, Yieldstreet’s CTO Hrishi Dixit and Noah Labhart, Co-Founder and CTO at Veryable, discuss the evolution of finance through technology, from updating archaic systems to blockchain hype and the impact of legislation on this developing industry.
Key Takeaways:
[2:24] Noah’s journey from corporate America to tech entrepreneur.
[5:15] Challenges and complexities of building a profitable platform.
[8:10] Key factors that have enabled the commoditizing of APIs.
[13:17] Steps to help develop a strong and updated infrastructure ecosystem.
[17:26] Blockchain hype, facts and its potential to upgrade archaic systems.
[23:39] The impact of state legislation that is targeted at the gig economy.
[25:03] Will the marketplace have an influence on new legislation?
[26:23] What’s coming next in fintech reinvention and innovation?
[28:50] Will legislation have a positive or negative impact on the gig economy?
[30:42] Yieldstreet offerings are required to comply with regulations.
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