FinTech Magazine - August 2021 | Page 5

FOREWORD

WINDS OF CHANGE Embracing new opportunities might drag us out of our comfort zones , but it also leads innovation and growth

“ Seismic shifts occur daily , and adaptability is critical to success and growth ”

This month we ' ve said goodbye to FinTech Magazine ' s editor-in-chief , Will Girling , as he ventures off to new pastures , and we wish him every success in his latest role .
While the majority of us dislike change , the world of fintech is no stranger to it . Indeed , it ' s an industry that thrives on innovation . Seismic shifts occur daily , and adaptability is critical to success and growth .
Over the past month , we ' ve seen some incredible changes in this space . Possibly the most notable would be El Salvador ' s adoption of Bitcoin as a mainstream currency .
What changes this will usher in remains to be seen . But it ' s likely that other countries , upon observing the success of El Salvador ' s move , will very likely follow suit .
New cryptocurrencies are also emerging with a raft of mysterious names . Expect to hear more about HEX , Dash , Solana – and the quirky gamer crypto , My DeFi Pet very soon .
Meanwhile , armchair investment platforms like Robinhood are racing towards their IPO . Each of these steps brings us ever closer to a democratised , global , financial system , a transformation of truly epic proportions .
Therefore , having a birds ' eye view of the latest changes and developments in this incredibly dynamic and exciting world is a privilege that we savour .
Keep watching this space and enjoy the magazine !
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