Watch Dr. Raghuram Rajan’s keynote address at Swell 2019: “A Central Banker’s Perspective on Global Markets, Fintech and Blockchain.”
In this lively keynote conversation Dr. Rajan covers a variety of top-of-mind subjects for anyone at the intersection of blockchain technology and global payments. As the Former Reserve Bank of India Governor and Chief Economist for The International Monetary Fund, Dr. Rajan offers his unique perspective.
Dr. Rajan underscores the important role that technology (including blockchain technology and digital assets) plays in fueling economic growth, increasing financial inclusion and ultimately revolutionizing businesses in emerging markets around the world.
He shares the array of different opportunities that blockchain technology offers to address changing attitudes about the international financial system—in cross-border payments, in tokenization within central banking and more.
As Dr. Rajan says, “we are at the beginning of another wave of globalization.”
According to Dr. Rajan, financial institutions must continue to earn the trust of the underbanked and unbanked consumers around the world. Partnering with companies that leverage decentralized technologies is one way to achieve this because they encourage more transparency and bring down the cost of sending money home to loved ones.
Dr. Rajan is no stranger to the democratizing power of technology. He is considered a key visionary behind India’s early adoption of widespread mobile banking. His brainchild, the Unified Payments Interface (UPI) that launched in 2016, is revolutionizing peer-to-peer payments and helping usher in India’s migration to a more digital society.
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