Bank Disruption in Progress…
Happy Day RoboWarriors,
“All hodlers be on alert, we have a three zero drop in progress…” Let’s talk about disruption. Disruption is a term that has become commonplace in industries that involve emerging technologies. A prime example would be Uber or Lyft. These companies revolutionized transportation through innovative technology. Think back with me for a moment…remember having to pick up the phone to call a taxi? Or worse yet, walking out to the sidewalk and actually hailing one down? While we can still do that, isn’t it nice to open an app, push a button…and know within moments what type of car, who’s driving it, the time it will arrive, and how long it will take to get to the destination? That type of change is well, game-changing — it’s Disruptive. Emerging technologies have the ability to literally change the way we do things — for the better. Think about how companies like Amazon, DoorDash, and Airbnb have transformed (disrupted) their industries. In like manner, this is where companies like RBIF are taking us when it comes to banking.
RBIF is decentralized finance, or DeFi. DeFi has the potential to significantly change banking in a number of ways; here is how this happens:
Decentralization: Traditional banking is centralized, with financial institutions acting as intermediaries between customers and their money. In contrast, DeFi operates on a decentralized blockchain network, which allows for peer-to-peer transactions without the need for intermediaries. This means that individuals can transact with each other directly, reducing the need for centralized institutions.
Transparency: DeFi operates on a public blockchain network, which means that all transactions are visible to anyone with an internet connection. This transparency increases trust in the system and reduces the risk of fraud.
Accessibility: DeFi is open to anyone with an internet connection, regardless of their location or financial status. This means that people who were previously excluded from traditional banking systems, such as those in developing countries, can now access financial services.
DeFi platforms, such as Uniswap and the upcoming RoboEx, are permissionless, meaning anyone can access them. Unlike traditional banks, which require physical infrastructure and a lot of paperwork to open an account, DeFi platforms allow users to open an account instantly and without any geographical restrictions.
Lower costs: DeFi transactions are typically cheaper than traditional banking transactions, as there are no intermediaries involved. This means that people can send and receive money more affordably, particularly when making cross-border transactions.
Innovation: DeFi is a relatively new and rapidly evolving field, with new financial products and services being developed all the time. This means that there is a lot of room for innovation and experimentation, which could lead to the development of new and more efficient banking systems.
These could include new financial products and services that are not possible in the traditional banking system, such as decentralized exchanges, prediction markets, and lending platforms.
RBIF is literally changing the game when it comes to banking the unbanked, providing high-level access to premium services without undue fees and jargon, and taking Fintech to the next level. We have a dedicated team and a doxed CEO — working hard to achieve that dream of “boldly going where no person has gone before”. To a place where all have Financial Freedom and a Community of people willing to dare to achieve their dreams.
RBIF is forward-thinking and revolutionary. Join the Community and join the journey to Financial Freedom.
Overall, RBIF has the potential to significantly disrupt the traditional banking industry by offering a more accessible, transparent, and affordable alternative. We stand poised to provide premium-level services to the world with our innovative suite of products. All without the hidden fees and small print. Now is a great time to invest in this game-changing revolutionary technology. Check out this article if you need to know how to invest in RBIF.
