In this podcast episode, Professor Omid Malekan explores the evolving role of Ethereum in traditional finance. He discusses the key differences between cryptocurrency and traditional financial systems, explains the core principles of blockchain technology, and emphasizes the importance of decentralization. Malekan underscores the value of on-chain settlement, addresses common misconceptions about crypto, and argues for adopting a tiered blockchain architecture similar to that in traditional finance. He wraps up with thoughts on the future of cryptocurrency, the unique value of Ethereum, and the rise of High-Quality Liquid Assets (HQLAs), which he sees as crucial for the growing DeFi landscape.
