Gillmore Centre Network
Vision for Economic Growth 鈥� a roadmap to prosperity
Matt Hamner is attending an event at the Guildhall mentioning Gillmore and wider Fintech in West Midlands.
According to the roughly a third of adults in developing countries do not have a bank account. This compares with fewer than five per cent of adults in North America.
This lack of financial inclusion is a significant obstacle to economic participation, growth and prosperity in the developing world.
Decentralised Exchanges (DEX) are playing a significant role in the financial services industry, presenting a fundamental shift in the way we conduct transactions and manage assets.
The recent collapse of cryptocurrency exchange FTX, resulting in the loss of at least $1 billion of customers鈥� funds, has brought the benefits of decentralised exchanges into the spotlight.
When putting crypto into a DEX, users maintain custody of their assets, making trades directly from their own wallet, as the exchanges use smart contracts based on blockchain technology.