NFTs are just one component of a fundamental shift named Web 3. The impact this will have on Financial Services will be huge. It isn’t just a buzzword. Web 3 is the evolution of the internet, leveraging innovations such as crypto, non-fungible tokens (NFTs) and decentralised finance, supported by blockchain technology, the metaverse, gaming and beyond. The ultimate goal of Web 3 is to create more intelligent, connected and open websites.
Financial institutions will need to adapt fast, or risk being held back by legacy thinking, culture and architecture. Regulators will need to rework their approach to offer consumer protection; and the ecosystem will need to foster new partnerships to drive change.
We will be unpicking this exciting topic and sharing our insights on how to get ahead of this movement and remain competitive. We don’t have all the answers surrounding the implications, but we do know that it is going to revolutionise the financial services industry. Come on the journey with us as we navigate this wave of disruptive innovation.
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