Join the Minnesota Credit Union Network's strategic partner Strategic Resource Management (SRM) as they provide an overview on the basics of digital assets (cryptocurrency and decentralized finance) and distributed ledger technologies (DLT). The revolution in digital money has moved into traditional finance, as cryptocurrency reshapes the way people borrow and save. This rise of cryptocurrency and its blockchain-based mechanism has captured the interest of traders, investors, and financial institutions alike. Due to the complexity of cryptocurrencies and their underlying technologies, financial institutions are struggling to understand the risks and opportunities of this $3 trillion emerging asset class. The revolution in digital money has moved into traditional finance, as cryptocurrency reshapes the way people borrow and save. This rise of cryptocurrency and its blockchain-based mechanism has captured the interest of traders, investors, and financial institutions alike. Due to the complexity of cryptocurrencies and their underlying technologies, financial institutions are struggling to understand the risks and opportunities of this $3 Trillion emerging asset class. SRM will discuss six key areas of opportunity for financial institutions to generate new revenue streams by providing digital assets solutions and will cover real-world examples of credit unions, banks, and fintechs currently leveraging crypto to enhance their product offerings. Furthermore, you will learn how to avoid being disintermediated and actually leverage these technologies to reach new members and increase the engagement of existing ones.
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