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How is Web3 Decentralizing Innovation and Access?- Pekka Kelkka
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Summary(Season 2, Ep6):
In this conversation, Pekka Kelkka shares his journey from IT to the blockchain and Web3 world, highlighting Web3's potential to make decentralized technologies more accessible and drive innovation. The conversation also covers regulatory challenges, central bank digital currencies (CBDCs), and the role of major institutions like BlackRock in adopting public blockchain technology.
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Takeaways:
- Web3 can make decentralized technologies accessible to everyone and boost innovation.
- There are regulatory challenges, especially with the SEC, but public blockchain technology is becoming more popular.
- Islamic finance is growing in Web3, creating new opportunities for the Muslim community.
- Big institutions like BlackRock are adopting public blockchain technology, showing a shift in the financial world.
- Central bank digital currencies (CBDCs) could help countries assert their independence and reduce reliance on the US dollar.
- It's crucial to connect Web3 technology with the real world for it to be widely adopted and create a fair financial system.
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