Reinventing the Wheel: Trends & Challenges in FinTech
The Yield - A podcast by Yieldstreet
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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.Mentioned in This Episode:YieldstreetVeryable