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VideoYouTubeAIBC WorldJune 18, 20264mo ago8:05

How Blockchain Can Change the Way Banking Works?

Nelson, Risein Stellar Philippines' country lead, discusses blockchain's competitive edge in emerging markets. The key message: sustainable builders succeed through entrepreneurial thinking and 3-5 year roadmaps, not grant-chasing. Real opportunity lies in DeFi, where transparent, algorithm-driven systems outperform traditional banking.

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At AIBC, Risein Stellar Philippines lead Nelson discusses blockchain's potential to transform banking in emerging markets. The conversation covers remittances, cross-border payments, and DeFi—but the core insight is mindset. Nelson emphasizes that sustainable projects require entrepreneurial thinking: builders must develop 3-5 year roadmaps, understand regulatory requirements upfront (like remittance licenses), and solve real problems rather than chase funding. He contrasts blockchain's transparent, algorithm-driven security with traditional banking's fractional reserve model, where only 30% of deposits are held in reserve. Nelson argues government support through startup grants and clearer regulations would accelerate adoption in high-growth markets like the Philippines.

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The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of the Stellar ne…

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