FNDX Crypto AMA at Barlcays
Barclays India invited FNDX to an Ask-Me-Anything, or AMA, at their at their RISE fintech community in Pune last week.
Co-founders Rahul and Sridhar fielded questions:
People's curiosity about the very basics of the blockchain/web3 was refreshing, energising. Some examples:
Who's behind blockchain projects? Who agrees what features make it to/don't? How are disagreements handled? How is security assured?
What prevents systemic black-swan-like events in the absence of a central regulator?
How does one figure out the intrinsic value of a token, like one does with traditional equities?
What is proof of stake? What is, fundamentally, staking? How does a smart contract lock tokens into staking?
How can banks get involved productively in crypto when they are such diametrically opposed in philosophy?
These questions go to the core of decentralised ledger technology.
The foundation on which decentralised apps can be built, trust can be encoded in code, value can be unlocked and democratised.
Answering these in depth makes sure FNDX keeps its foundational concepts rock-solid as it brings professional asset management to the digital assets space.
There are no stupid questions; the road is so long and interesting that we're all beginners.
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