Kerem Çeliker, Founder and Chief Technology Officer of MasterLabs, spoke about whether the new form of money is being shaped by the tokenization of assets. Çeliker said the following:
In the presentation I gave today on “The New Form of Money,” we were actually sharing scenarios for the next 10 years and 5 years, along with the insights drawn from those scenarios. What are these? We will all see them very soon. “Asset securitization,” the “tokenization” of financial sextillions, and, alongside this, in the insurance sector, a process where dynamic data—whether based on an immediate earthquake, a past earthquake, or a storm—is automatically approved for the relevant individual without the need for an operator. Other topics we’ll see in the coming period include real-time “federated fraud detection” systems for banking. In the coming period, all banks will adopt this structure, and along with their “APIs,” all other institutions will also be integrated into this framework. This will result in technologies and solutions at the scale of artificial intelligence and architecture that we will all encounter. In this way, it will provide value-added solutions to both institutions and individuals.
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