How Is Web3 Decentralizing Innovation And Access?- Pekka Kelkka Takatalks podcast

58:23

Let us know what you think of this episode Summary(Season 3, Ep7): In this episode, the discussion revolves around how actuaries work, the struggles of improving healthcare access, and why insurance in California is so expensive. They also talk about making insurance fairer, using technology to make it easier to understand, and creating community-based solutions for better trust and transparency. For more stories on financial systems, crypto, and the Islamic economy, sign up for our newsletter: Takadao Takeaways: Transparency in insurance pricing is crucial for building trust. Social entrepreneurship can bridge healthcare gaps in underserved communities. Community-based insurance models can enhance accessibility and trust. Claims processing needs to be simplified and made more transparent. Technology can help reduce costs and improve insurance processes. Education and awareness are key to increasing insurance penetration. The future of insurance may lie in mutual and community-driven models.…

Takatalks

1
Overpriced Insurance, Blockchain Fixes, and the Rise of Pay-As-You-Go 1:00:20

26 weeks ago1:00:20

1:00:20

Let us know what you think of this episode Summary(Season 3, Ep6): This discussion explores how technology and community-focused solutions are reshaping the insurance industry, especially in Africa. It emphasizes the importance of trust, customer-centric models, and mutual protection funds to address rising costs and low adoption rates. The conversation highlights the potential of innovation to make insurance more accessible and tailored to consumer needs. For more stories on financial systems, crypto, and the Islamic economy, sign up for our newsletter: Takadao Takeaways: Understanding the unique challenges in different markets is crucial. Rebuilding products that fit into the culture and economy of Africans is essential for transforming the insurance landscape. Insurance is often perceived as overpriced, leading to a demand for more tailored solutions. Customer-centric approaches are crucial; insurance products should be co-built with users. Trust is lacking in the insurance industry, and building products with community input can enhance trust. The concept of mutual protection funds can revolutionize how insurance operates. Technology, particularly blockchain, can facilitate community-owned insurance models. The future of insurance lies in transparency and efficiency, reducing costs for consumers.…

Takatalks

1
Insurance in Crisis: Your Safety Net or Just a Profit Trap? 1:05:59

30 weeks ago1:05:59

1:05:59

Let us know what you think of this episode Summary(Season 3, Ep5): This episode examines Florida's insurance crisis, discussing the role of insurers, the effects of climate change, and rising costs. It explores alternative models like mutual insurance and blockchain, emphasizing transparency and better consumer education. The guests also discuss innovative solutions and regulatory challenges to improve fairness and trust in insurance. For more stories on financial systems, crypto, and the Islamic economy, sign up for our newsletter: Takadao Takeaways: Climate change and rising costs are worsening Florida’s insurance crisis, prompting insurers to leave the state. Mutual and community-based insurance models could offer fairer alternatives to traditional insurance. Blockchain technology may increase transparency and build consumer trust in insurance. Clear consumer education and simpler insurance products are essential for better customer experiences. Regulatory changes are needed to create fairer insurance practices and sustainable pricing.…

Takatalks

1
Claims Game: How Insurers Manipulate Processes to Deny You What's Yours 1:04:49

31 weeks ago1:04:49

1:04:49

Let us know what you think of this episode Summary(Season 3, Ep4): This conversation dives into the struggles people face with insurance claims, highlighting the need for transparency and clear communication between insurers and policyholders. Participants agree that a fair and efficient claims process is crucial for building trust, and they suggest outsourcing claims to a third party for better fairness. They also discuss the role of technology, regulatory changes, and community-based models in improving the claims experience. For more stories on financial systems, crypto, and the Islamic economy, sign up for our newsletter: Takadao Takeaways: Being open and communicating clearly during the claims process is really important for building trust between you and your insurance company. Sometimes, what insurance companies want doesn’t match what customers need, which can make people unhappy and lose trust. Hiring a third party to handle claims could help make the process fairer for everyone involved. How claims are managed is super important for insurance, and they should be handled quickly and with understanding to make customers feel valued. We need new rules to help insurance companies use technology better in claims processing. Community insurance models and social media can help keep insurance companies in check.…

Takatalks

1
What Your Insurance Won’t Tell You – Hidden Fees, Fine Print, and Denied Claims Uncovered 1:06:38

32 weeks ago1:06:38

1:06:38

Let us know what you think of this episode Summary(Season 3, Ep3): In this episode, the participants discuss a lawsuit involving State Farm overcharging on a life insurance policy, highlighting the need for transparency and fairness in the insurance industry. They talk about the importance of understanding policy terms, the role of brokers, and the moral obligation of insurers to pay valid claims. The conversation also explores how technology like blockchain and AI could improve the industry's transparency and communication. For more stories on financial systems, crypto, and the Islamic economy, sign up for our newsletter: Takadao Takeaways: Insurance policies can be complex, and it is important for consumers to understand the terms and conditions before purchasing. Insurance companies have a moral obligation to pay valid claims and should strive for transparency in their policies. Regulators need to ensure that insurance policies are clear and easily understandable for consumers. The industry needs to improve communication and transparency. Technology, such as blockchain and AI, has the potential to enhance the insurance industry.…

Takatalks

1
The Hidden Scandal Behind Insurance Claims and Big Tech 55:16

33 weeks ago55:16

55:16

Let us know what you think of this episode Summary(Season 3, Ep2): This episode focuses on the challenges faced by insurance companies in covering unexpected events like cyber risks and highlights the tension between insurers and policyholders. It explores alternative models like Takaful and DAOs, emphasizing the need for innovation, blockchain technology, and decentralization in the industry. The discussion concludes with the importance of better incentives and ownership to create a fairer insurance system. For more stories on financial systems, crypto, and the Islamic economy, sign up for our newsletter: Takadao Takeaways: Insurance companies struggle to cover big, unexpected events and may try to avoid paying large claims. Community-based insurance models like Takaful and DAOs offer a different way to do insurance, compared to the traditional approach. As businesses rely more on technology, insurance needs to cover cyber risks. The industry needs to use new technology and innovate to provide better insurance products. In major disasters, insurance companies should focus on spreading risk, and not mix this with their own profits. Blockchain and decentralization can make insurance more transparent and affordable for everyone. Incentives in insurance need to be adjusted so they better align with what’s best for the customers. People should have control over their own data and the financial services tied to their insurance.…

Takatalks

1
Why is No One Talking About This?! The Untold Truth of AI, Blockchain, and Takaful’s Future 1:10:17

34 weeks ago1:10:17

1:10:17

Let us know what you think of this episode Summary(Season 3, Ep1): Join us as we dive into the world of mutual insurance and Takaful, exploring their impact on the insurance industry. We discuss the fall of mutual companies, the rise of Takaful in Islamic finance, and how tech innovations like blockchain and AI are transforming the game. Plus, we touch on the importance of transparency, fairness, and Shariah-compliant, community-focused solutions that could shape the future. For more stories on financial systems, crypto, and the Islamic economy, sign up for our newsletter: Takadao Takeaways: Mutual insurance, like Takaful, shares surplus contributions with the insured. Mutual companies are declining as stock insurance firms prioritize profit and outside investors. Takaful is on the rise, seen as a bright spot within mutual insurance. Blockchain and AI can bring fairness and transparency to claims processing. Sharia scholars play a crucial role in ensuring tech aligns with Islamic principles. While blockchain and crypto could transform Islamic finance, challenges remain ahead.…

Takatalks

1
Can Blockchain Topple Traditional Finance?- Matthew Van Niekerk 54:19

43 weeks ago54:19

54:19

Let us know what you think of this episode Summary(Season 2, Ep15): Matthew Van Niekerk, CEO of SettleMint, discusses how blockchain technology can revolutionize the financial sector and other industries by addressing outdated processes and promoting gradual adoption to mitigate risks. He highlights the skills gap in blockchain adoption and explains how SettleMint helps bridge this gap by enabling Web2 developers to build Web3 apps and partnering with implementation partners for broader scalability. For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Takeaways: Blockchain can change how the financial sector works and make many industries run more efficiently. Our current financial systems are based on outdated methods from the 1920s. Traditional banks and financial institutions need to use blockchain to serve their clients better and stay up-to-date. Inflation and high interest rates are making cryptocurrencies more popular in the global South.…

Takatalks

1
Are Solana Teams Really Building for Users?- Alex Scott 48:51

44 weeks ago48:51

48:51

Let us know what you think of this episode Summary(Season 2, Ep14): Alex Scott, leading Superteam Middle East, explores Solana's potential in the region, highlighting its advantages over traditional financial systems and its role in enhancing transparency and economic opportunities. He addresses criticisms of trading-focused blockchain projects, emphasizing the importance of value creation and infrastructure in the industry. Scott also discusses his mission to discover the next billion-dollar founder in the UAE and the collaborative nature of the Solana community. For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Takeaways: Web3 technologies bring programmable money and greater transparency, fixing problems in traditional finance. Solana helps with economic opportunities and international payments, especially in places with limited financial services. Solana has potential in decentralized finance and infrastructure, offering new growth areas. The Middle East, with its unique features and supportive regulations, is a promising area for Web3 and Solana. The blockchain industry still struggles with building infrastructure and achieving widespread use. Building strong communities is key in Web3…

Takatalks

1
Is Bitcoin Moving to Ethereum-Like Layer 2?- Elias Ahonen 47:28

45 weeks ago47:28

47:28

Let us know what you think of this episode Summary(Season 2, Ep13): Elias Ahonen, a blockchain author and legal expert, discusses his journey in the blockchain space and the evolution of the Bitcoin community, sharing early experiences and the challenges of securing digital assets. He touches on the emergence of alternative tokens and layer 2 solutions on Bitcoin, as well as the programmability of Ethereum and the concept of decentralized autonomous organizations (DAOs). For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Takeaways: Alternative tokens and layer 2 solutions on Bitcoin allow for programmability and creating decentralized marketplaces. DAOs (Decentralized Autonomous Organizations) use blockchain and smart contracts to self-organize. External governance of DAOs needs legal structures to comply with regulations. Regulators should keep an open mind and learn about blockchain's history and development.…

Takatalks

1
Can We Prevent AI Misuse?- Michael Heinrich 46:52

46 weeks ago46:52

46:52

Let us know what you think of this episode Summary(Season 2, Ep12): Michael Heinrich, CEO of Zero Gravity Labs, emphasizes the critical need for AI governance to ensure AI serves the public good, highlighting risks if controlled by a few tech companies. Zero G's mission is to build a modular AI chain on blockchain, providing full visibility and verifiability of AI models to align with human values and prevent misuse. The discussion also covers the importance of decentralized AI, blockchain's role in securing AI systems, and the transition from Web2 to Web3, emphasizing tokenomics and community building. For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Takeaways: It's important to manage AI properly to keep it from being controlled by just a few companies and to make sure it aligns with human needs. Blockchain technology can help secure AI and prevent disastrous outcomes. Decentralized AI should be designed to benefit humanity. We need rules to stop AI from being used as a weapon and to ensure it serves the public good.…

Takatalks

1
Is DeFi the Missing Piece in Islamic Finance?- (Mufti) Billal Omarjee 1:02:24

47 weeks ago1:02:24

1:02:24

Let us know what you think of this episode Summary(Season 2, Ep11): Mufti Bilal emphasizes the importance of Sharia compliance in the crypto industry and highlights the potential of DeFi to provide halal financial solutions for Muslims. He addresses misconceptions about crypto being haram and explains the differences in scholarly opinions, encouraging Muslims to explore Sharia-compliant DeFi for its benefits. Islamic financial products like Takaful, enabled by blockchain technology, offer unique features such as the absence of interest and gambling, providing global access, transparency, and security. For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Takeaways: DeFi can offer halal financial solutions for Muslims. Scholars have different opinions on whether crypto is permissible. Muslims should learn about Sharia-compliant DeFi to make informed choices. Financial products that help reduce poverty are important since poverty can lead to loss of faith. Blockchain technology makes Islamic financial products accessible worldwide, providing transparency and security.…

Takatalks

1
Can You Fight for Your Rights with Insurance Claims?- Matt Everson 58:22

48 weeks ago58:22

58:22

Let us know what you think of this episode Summary(Season 2, Ep10): In this session, Matt Everson discusses the challenges homeowners face with insurance claims after disasters, using the Santa Rosa wildfires as a case study. He highlights issues such as insurance companies' lack of transparency and tactics to delay or deny claims, stressing the importance of understanding insurance policies and accurate building estimates. Everson calls for better regulation and homeowner education to improve the claims process and ensure rightful payouts. For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Takeaways: Insurance companies often don't provide clear guidance for homeowners on how to file claims for wildfire damage. Builders typically don't give detailed estimates required for insurance claims, making the process harder. Some people and organizations exploit the insurance claims process, causing more trouble for policyholders. Insurance companies often use tactics to deny or delay claims, like asking for a lot of proof and using misleading information. There needs to be better laws to ensure insurance companies treat homeowners fairly. Technology, like AI and blockchain, can make the insurance claims process better.…

Takatalks

1
Can Community-Owned Mutual Protection Funds Transform Insurance?- Sharene Lee 52:43

49 weeks ago52:43

52:43

Let us know what you think of this episode Summary(Season 2, Ep9): Leila and Sharene Lee discuss Takasure, a community-owned mutual protection fund using technology to offer alternative insurance by enhancing transparency and inclusivity. Inspired by the 2008 financial crisis and the need for trustworthy alternatives, Takasure uses smart contracts for Sharia-compliant, self-adjusting mutual protection funds. Takadao, the platform behind it, charges a 20% fee, with the remaining funds belonging to the members. For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Takeaways: Takasure is a community-owned insurance fund changing the way insurance works. The 2008 financial crisis made people distrust big, centralized institutions. Community involvement and technology help create a fairer and more open financial system.…

Takatalks

1
Can Crypto Really Bridge the Fiat Divide?- Sami Start 51:15

50 weeks ago51:15

51:15

Let us know what you think of this episode Summary(Season 2, Ep8): Sami Start, co-founder and CEO of Transak, highlights the journey of building a reliable crypto banking infrastructure with a focus on regulation, compliance, and global accessibility. He emphasizes the practical benefits of blockchain technology, such as 24/7 accessibility and cross-border transactions, while discussing the challenges of user onboarding and brand building in the Web3 space. For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Takeaways: Blockchain technology is useful because it works 24/7, allows easy international transactions, and lets people control their own money. Financial apps on the blockchain, including those using real-world assets, are growing and should be easy and practical to attract users. Developing layer two solutions and systems to connect different blockchains is key for a smooth user experience. Tokens are important for Web3, but companies need to ensure they follow rules, are ethical, and provide real value to users.…

Takatalks

1
Bitcoin Unchained: A Halal Escape from Riba's Grip (Episode 22) 1:08:04

1 year ago1:08:04

1:08:04

Let us know what you think of this episode Mu’aawiyah Tucker discusses the flaws of the fiat system and the need for an alternative. He demystifies Bitcoin for Muslims and addresses the halal and haram debate surrounding it. He explains the issue of backing and intrinsic value in relation to Bitcoin. Finally, he addresses the volatility and speculation associated with Bitcoin. In this conversation, Mu’aawiyah Tucker discusses the illusion of stability in traditional currencies and the real value of Bitcoin. He emphasizes the need for radical steps and ethical solutions to move away from the current financial system. The gradual adoption of Bitcoin at the government level is highlighted, using El Salvador as an example. The conversation also explores the challenges and opportunities for Muslims in adopting Bitcoin and finding alternatives to riba. Finally, the benefits of governments adopting Bitcoin, particularly through mining, are discussed. Takeaways Stability in traditional currencies is an illusion created by central bankers, while the value of Bitcoin is determined by market demand and perception. The gradual adoption of Bitcoin at the government level, as seen in El Salvador, can provide a parallel system and pave the way for a transition away from traditional currencies. Muslims can find alternatives to riba by embracing Bitcoin and exploring ways to benefit from its more fair and open system. Learn more about financial freedom at Takadao: https://takadao.io/ #bitcoin #crypto #riba #islamicfinance #halal #blockchain…

Takatalks

1
Islamic Excellence Unleashed: Fearlessly Living and Thriving as a Muslim! (Episode 21) 1:02:58

1 year ago1:02:58

1:02:58

Let us know what you think of this episode Join us in this empowering episode as James enlightens us on how he guides high-achieving Muslims towards fulfillment without sacrificing family or faith. Learn to transcend the relentless pursuit of achievements and embrace holistic success in your career, relationships, and entrepreneurship. Key points in this episode: -How to elevate your professional journey without compromising values for success and spiritual growth. -James shares insights on building strong family ties, showcasing how true success goes beyond individual accomplishments. -Dive into entrepreneurship with James, discovering strategies to grow businesses while staying aligned with faith and principles. Tune in to learn how to be unapologetically Muslim. Learn more about financial freedom aligned to the Islamic faith at Takadao: https://takadao.io/ #islamicfaith #entrepreneurship #crypto #finance #web3…

Takatalks

1
Waqf Brilliance: Crafting a Charitable Legacy in Muslim Giving (Episode 20) 1:12:45

1 year ago1:12:45

1:12:45

Let us know what you think of this episode In this lively episode, we have the vibrant Omar Yunus: a US law and finance grad who's reshaping Islamic finance. From venture capital to managing EUR 100 million funds and crafting halal market indices, he's the force behind Afterfund. What to expect: -His motivation to start a Waqf -His thoughts on Crypto -How a Waqf operates Tune in to learn more about how endowment funds work in the Islamic space. Learn more about financial freedom at Takadao: https://takadao.io/ #waqfdeoband #islamicfinance #defi #crypto #blockchain #charity…

Takatalks

1
Web3 Start-ups Unleashed: What Makes Investors Go Wild? (Episode 19) 52:59

1 year ago52:59

52:59

Let us know what you think of this episode Get ready for an adrenaline-packed episode featuring Vincent, a seasoned entrepreneur and the driving force behind Adaverse—a web3 accelerator and seed fund! In this episode: -Vincent dishes out insights on how they supercharge startups -He spills the beans on what catches their eye when investing, and -Unveils their keen interest in the Middle East Tune in for expert tips on navigating and conquering the dynamic world of startups. Learn more about financial freedom at Takadao: https://takadao.io/ #startups -ups #islamicfinance #defi #crypto #blockchain #financialinclusion…

Takatalks

1
Crypto vs. Cash: Unmasking the Power of Tokenized Assets (Episode 18) 1:10:38

1 year ago1:10:38

1:10:38

Let us know what you think of this episode In this thrilling episode, meet Khalid, the powerhouse behind MRHB DeFi, Senior Managing Director at R.J. Flemings & Co. (UK/UAE), and Partner at Acreditus (UK/UAE). In this episode: Khalid unveils the secrets of ethical Halal DeFi He offers insights on diverse investments He explores the tokenization of assets Join us for a journey to unmask the conventional financial system and step into the world of financial freedom with Khalid. Tune in now! Learn more about DeFi and financial freedom at Takadao : https://takadao.io/ Hashtags to be used: #tokenization #islamicfinance #defi #crypto #blockchain #blockchain #financialinclusion…

Takatalks

1
Beyond Borders: Crypto's Impact on Remittance and Banking (Episode 17) 55:42

2 years ago55:42

55:42

Let us know what you think of this episode In this exciting episode, join Moataz Alobaid, a visionary entrepreneur and former World Bank professional, who is dedicated to advancing financial inclusivity through innovative solutions. As the Founder and CEO of Empowch, he spearheads a mission to bridge traditional finance with the digital era, promoting accessibility, affordability, and inclusivity for marginalized communities globally. Some incredible insights to expect in this episode include: -Blockchain and its use cases -Empowering the unbanked through decentralization -Crypto remittance and its benefits Tune in to know more about how crypto remittance empowers the unbanked. Explore more about Blockchian and crypto use cases at Takadao: https://takadao.io/ #cryptoremittance #islamicfinance #defi #crypto #blockchain #onramp #offramp #financialinclusion…

Takatalks

1
Halal Economy: Inclusive or Exclusively for Muslims? (Episode 16) 59:14

2 years ago59:14

59:14

Let us know what you think of this episode In this episode, we have Diane who is the co-founder of Wasabih, a startup dedicated to the Halal Economy. This professional community connects individuals seeking buyers, sellers, partners, certifiers, and collaborators to advance their Halal businesses, emphasizing Islamic values in the consumer experience. Some incredible insights to expect in this episode include: Halal products are not exclusive to Muslims Demystifying the misconception that halal is only about food Importance of the halal economy Tune in to expand your knowledge of the halal economy. Explore more about halal financial products at Takadao: https://takadao.io/…

Takatalks

1
NFTs: Artistic Expression or Functional Assets? (Episode 15) 1:01:44

2 years ago1:01:44

1:01:44

Let us know what you think of this episode In this episode, meet Dainis, founder of Blockchain Advisory Global and guiding 50+ startups. As a beacon for innovation, he shapes the digital future, shares insights on LinkedIn, and is gearing up for a DeFi space launch. Some incredible insights to expect in this episode include: -Centralization in the banking system -NFT use cases -The intriguing world of startups Tune in to expand your knowledge on NFTs and Crypto. Explore more about NFTs and its applications at Takadao: https://takadao.io/…

Takatalks

1
Blockchain Breached: The Battle Against Unrelenting Hacks (Episode 14) 51:26

2 years ago51:26

51:26

Let us know what you think of this episode In this episode, we have Loic Falletta, founder of Yinkozi, a leading Middle East cybersecurity company known for its impactful solutions. Loic has played a crucial role in enhancing cybersecurity for online voting and works as a speaker for the United Nations and major cybersecurity conferences. Some incredible insights to expect in this episode include: -Blockchain hacking mysteries -Use of Blockchain tech in voting -Cybersecurity Join us now to turbocharge your knowledge of Blockchain and hacking. For more information about Blockchain and its use cases, visit Takadao: https://takadao.io/…

Takatalks

1
Crypto: Financial Savior or System Destroyer? (Episode 13) 1:01:42

2 years ago1:01:42

1:01:42

Let us know what you think of this episode In today's episode, meet Rudy, a seasoned IT professional with over 20 years of experience in the finance industry. Rudy is also the charismatic host of DXTalks, a renowned Digital Transformation talk show. Some incredible insights to expect: -Uncovering challenges in the banking system. -The transformative power of Crypto in underdeveloped nations. -Blockchain's revolution in finance. Prepare to be intrigued, question convention, and yearn for more. Join us now to turbocharge your financial expertise. For a deeper dive into financial freedom, visit Takadao: https://takadao.io/…

Takatalks

1
Faith and Finance: Empowering Women in the Islamic Economy (Episode 12) 1:05:37

2 years ago1:05:37

1:05:37

Let us know what you think of this episode In today's riveting episode, join the dynamic Guzelya Marisova, a French Uyghur making waves in Indonesia as the International Representative for Wardah Beauty of Paragon Group, a startup luminary, and a former taekwondo champion. Some of the insights to expect: She uncovers her journey of self-identity as a Muslim woman Her driving force in the Islamic economy The compelling role of women in the Islamic economy. This conversation will spark your curiosity, challenge the norm, and leave you craving for more. Tune in now to ignite your financial enlightenment, and for a deeper dive into financial freedom, For a deeper dive into financial freedom, visit Takadao: https://takadao.io/…

Takatalks

1
Breaking Riba's Chains: How Muslims have DeFied TradFi with Crypto (Episode 11) 1:27:27

2 years ago1:27:27

1:27:27

Let us know what you think of this episode In today's electrifying episode, we bring you an AMA session hosted by MRHB DeFi, featuring the charismatic trio of Khalid Howladar from MRHB DeFi, and the dynamic duo Morrad and Sharene from Takadao! Here’s a sneak peek of insights: -We dive deep into how the traditional financial system has let us down. -Discover why the world of Decentralized Finance is the beacon of hope. -A thought-provoking exploration of how the principles of DeFi align with Islamic finance. It's a conversation that's set to ignite your curiosity, challenge the status quo, and leave you hungry for more. Tune in now, and let the financial enlightenment begin. For more information on how to achieve financial freedom, visit takadao.io (https://takadao.io/)…

Takatalks

1
From Hedge Fund to Crypto Powerhouse: The Untold Tale of a Fired Employee Turned Partner (Episode 10) 1:05:52

2 years ago1:05:52

1:05:52

Let us know what you think of this episode Get ready for another interesting episode of TakaTalks! Our guest today is Anton, a seasoned advisor and founding member of SwissAssetDAO, a strategic advisor at Pazar, and a venture partner at Full Stack VC. He has a strong background in blockchain technology, having founded companies like Flovtec and Trust Square AG, and has significant experience in high-frequency trading and algorithmic trading research, as evidenced by his involvement in various academic projects and publications. What to expect in this episode: -Why Anton made the bold move from TradeFi to Crypto -Self-custody of digital assets -Demystifying DAOs This is a conversation you don't want to miss!…

Takatalks

1
Takadao's TechCrunch Chronicles 2023 (Episode 9) 1:05:06

2 years ago1:05:06

1:05:06

Let us know what you think of this episode In this special episode of TakaTalks, we're taking you behind the scenes to show how it all went down at TechCrunch 2023. Join us as we dive into diverse conversations with curious attendees, discussing everything from their reasons for attending to their views on insurance, banking and crypto. (This episode is better viewed on YouTube)…

Takatalks

1
Tim Draper: “I thought Bitcoin would disappear after Mt. Gox” (Episode 8) 40:38

2 years ago40:38

40:38

Let us know what you think of this episode Get ready for another electrifying episode of TakaTalks! Our guest today is none other than Tim Draper, the brains behind Draper Associates and co-founder of DFJ. He's a visionary investor who's turbocharged the likes of Hotmail, Skype, Tesla, and Baidu, and he's a fearless champion of crypto and blockchain tech. Not to mention, he's the Bitcoin auction winner from 2014, a mastermind investor in blockchain gems like Coinbase and Tezos, and the brain behind Draper University of Heroes, where future entrepreneurs sharpen their swords! Tim's going to: -Spill the beans on how he got hooked on Bitcoin. -Share his thoughts on the wild world of DeFi, and unravel the mysteries of smart contracts. -Give us a sneak peek into his vision for the future of money and crypto. This is a conversation you won't want to miss!…

Takatalks

1
Is the Insurance Industry Rigged Against You?- Pishu Ganglani 38:49

51 weeks ago38:49

38:49

Let us know what you think of this episode Summary(Season 2, Ep7): Leila and Pishu discuss how the insurance industry faces conflicts of interest and needs more transparency. They highlight the role of technology and AI in making insurance fairer and more accessible, especially in emerging markets. They also emphasize the importance of trust and personalized services to improve the industry. For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Takeaways: The insurance industry struggles with conflicts between insurers and customers, focusing too much on shareholder profits and straying from its original purpose. To improve, insurance needs better policy rules, more data transparency, and better claim handling. Personalized risk assessment is crucial for fair pricing. Technology and insurtech companies can bring new ideas and improvements. Making insurance accessible to underserved groups is important for their financial security Trust and transparency are essential in the industry. AI and tech can make insurance companies work more efficiently. Reinsurance helps manage risk in the industry. Future insurance companies might partner with tech firms and use blockchain and smart contracts.…

Takatalks

1
How is Web3 Decentralizing Innovation and Access?- Pekka Kelkka 1:01:01

1 year ago1:01:01

1:01:01

Let us know what you think of this episode Summary(Season 2, Ep6): In this conversation, Pekka Kelkka shares his journey from IT to the blockchain and Web3 world, highlighting Web3's potential to make decentralized technologies more accessible and drive innovation. The conversation also covers regulatory challenges, central bank digital currencies (CBDCs), and the role of major institutions like BlackRock in adopting public blockchain technology. For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Takeaways: Web3 can make decentralized technologies accessible to everyone and boost innovation. There are regulatory challenges, especially with the SEC, but public blockchain technology is becoming more popular. Islamic finance is growing in Web3, creating new opportunities for the Muslim community. Big institutions like BlackRock are adopting public blockchain technology, showing a shift in the financial world. Central bank digital currencies (CBDCs) could help countries assert their independence and reduce reliance on the US dollar. It's crucial to connect Web3 technology with the real world for it to be widely adopted and create a fair financial system.…

Takatalks

1
Is Centralization the Enemy to Fair Insurance?- Ahmad Imira 50:02

1 year ago50:02

50:02

Let us know what you think of this episode Summary(Season 2, Ep5): Leila and Ahmad discuss the importance of life insurance and the challenges in selling it. They compare conventional insurance, which has high costs and centralized control, to Takasure, a decentralized and transparent community-based fund. Takasure, owned by its members, uses smart contracts and algorithms to process claims and offers a fairer, cooperative insurance model. For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Takeaways: Life insurance is the most important insurance as it provides a safety net for individuals and their families. There is a fear towards insurance due to concerns about the trustworthiness of insurance companies and the complexity of insurance policies. The accessibility of insurance can be limited in certain areas, particularly if it is not economically viable for insurance companies. Claims management in conventional insurance is centralized and can involve conflicts of interest. Takasure is a decentralized and transparent alternative to conventional insurance. Takasure is a community-based fund that uses smart contracts and algorithms to calculate and approve claims. Takasure is owned by its members, who receive a benefit multiplier on their contributions and share in any surplus of the fund. #insurance #life insurance #reinsurance #conventional insurance #Takasure…

Takatalks

1
Can Governments Rebuild Trust with an Endless Money Supply?- Benjamin Talin 1:06:41

1 year ago1:06:41

1:06:41

Let us know what you think of this episode Summary(Season 2, Ep4): The conversation discusses how governments manage the economy, especially after the 2008 crisis, dealing with high interest rates, bank failures, and rising prices. It looks at the challenges of regulating digital technology, the use of cryptocurrencies in high-inflation countries, and the pros and cons of gold-backed money. The talk also highlights the need for trust in government money systems, the idea of unlimited money supply, and suggests that regular people need to help fix the financial system. For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Takeaways: People see governments as service providers, so trust is essential for their legitimacy. Governments need to change their financial systems and build trust to restore confidence in their money. Decentralized cryptocurrencies could fix problems with the current money system, but there are still challenges. We need enough money to support growth and trade, but it has to be managed carefully. The financial system needs to be reformed to cut down on corruption and ensure that money serves a purpose, not just an end goal. #crypto #decentralization #centralization #fiat #trade…

Takatalks

1
Has Bitcoin Lost its Way?- Nick Ayton 1:03:50

1 year ago1:03:50

1:03:50

Let us know what you think of this episode Summary ( Season 2, Ep 3): Nick Ayton talks about Bitcoin's role today and its future, focusing on how it can help include more people financially. However, he worries about how Bitcoin is becoming more centralized and controlled by a few. He believes that the crypto space needs better rules to help fix problems with corruption and the shifting of wealth. Nick emphasizes the importance of people having control over their own data and suggests that power could move away from big institutions to families and individuals. For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Takeaways: -Bitcoin has been hijacked by Wall Street and miners, leading to centralization and manipulation. -The future of Bitcoin is uncertain, and there is a possibility that it may lose its original purpose and appeal. -Monarchs and families have a role to play in shaping society and addressing social and geopolitical challenges. -Families care more about succession and longevity, and they are more focused on doing good and investing in causes. -The future of AI and data ownership is crucial, and individuals should have control over their data. #bitcoin #wallstreet #crypto #blockchain #ai…

Takatalks

1
Is Crypto Empowering the Unbanked or Widening the Gap?- Aram Mughalyan 53:22

1 year ago53:22

53:22

Let us know what you think of this episode For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Summary ( Season 2, Ep 2): Aram talks about how traditional banks can be tough for small businesses and people, especially in poorer countries. He had a tough time getting a bank account for his business and thinks everyone should be able to use banks easily. So, he's all for crypto because it can help people who can't use traditional banks. It's like having control over your money without all the bank fuss! Takeaways: Traditional banks make it hard for small businesses and regular people to get banking services, especially in poorer countries. Banks mostly care about making money, so they often ignore people who don't have much of it. Crypto is a money system that anyone can use, without needing a bank. That's good news for people who can't use traditional banks. The limitations and restrictions imposed by banks highlight the need for a more transparent and accessible financial system. Web3 and blockchain technology lets everyone have a say and make decisions together. So, it's like money and power for everyone, not just the big shots. #banks #crypto #blockchain #bitcoin #defi…

Takatalks

1
Is Money getting a Digital makeover?- Mauricio Magaldi 55:04

1 year ago55:04

55:04

Let us know what you think of this episode For more stories on Financial systems, Crypto, and the Islamic economy, sign up for our Newsletter here: Takadao Summary (Season 2, Ep 1) In this conversation, Mauricio Magaldi explores the evolution of money and cryptocurrencies, emphasizing their resilience and utility. He discusses the rise of digital money, programmable money, and the challenges posed by Central Bank Digital Currencies (CBDCs). Magaldi also addresses the digital divide and the barriers to widespread adoption of Web3, stressing the importance of digital literacy and regulatory integration Takeaways: -Money is a technology with utility. -Bitcoin and Ethereum offer resilience and prevention of double spending, making them attractive forms of digital money. -Central Bank Digital Currencies (CBDCs) are being explored by central banks as a way to add functionality to sovereign money. -The digital divide may widen with the adoption of cryptocurrencies, as not everyone has access to digital infrastructure. -Decentralized physical networks (DePIN) can contribute to inclusion by expanding access to internet infrastructure. #cryptocurrencies #bitcoin #ethereum #cbdcs #blockchain #financialinclusion #web3 #decentralization #financialliteracy #centralbanks…

Takatalks

1
Scams in Web3: Crypto & Community Power (Episode 30) 55:22

1 year ago55:22

55:22

Let us know what you think of this episode Summary In this conversation, Wan Wei, Soh discusses various topics related to cryptocurrency and the crypto market. She shares insights on Singapore's political system and its compatibility with crypto regulations. The role of the government in regulating the crypto industry is also explored. Wan Wei highlights the financial opportunities available in the current bull market and provides recommendations for individuals looking to get started in crypto. The conversation concludes with lessons learned from previous bull markets and the importance of due diligence in avoiding fraudulent projects. This conversation explores various themes in the Web3 industry, including the importance of due diligence in a bull market, the use of VCs and use cases as evaluation frameworks, the role of speculators and gamblers in driving token prices, and the risks of meme coins. The conversation also delves into the motivations and mindset of founders, the potential exit strategy of CZ from Binance, and the vision of an inclusive world and the power of community in Web3. The conversation concludes with a focus on building literacy and equipping people for the future. Takeaways In a bull market, it is crucial for retail investors to conduct due diligence and not be swayed by fear-based marketing tactics. VCs and use cases can provide some assurance of a project's legitimacy and potential value. Speculators and gamblers play a significant role in driving token prices, particularly in the flipping market. Building during a bear market can lead to more sincere conversations and long-term motivation in the industry. Investors should be cautious of the risks and consequences of investing in meme coins. Founders who are deluded or lack competence can be detrimental to the community and project. Open source and community building are essential in the Web3 industry, fostering inclusivity and knowledge sharing. The power of community lies in its intrinsic motivation and willingness to help one another. Web3 presents opportunities to build a more inclusive and equitable world, particularly when paired with emerging technologies like AI. Building literacy and equipping individuals with knowledge is crucial for navigating the future of Web3 To learn more about financial freedom; sign up for our newsletter: https://takadao.io/?newsletter=true&utm_source=SocialMedia&utm_medium=Takatalks+Social+redirection…

Takatalks

1
Driving Innovation: Entrepreneurship, Tech, and Crypto in MENA (Episode 29) 55:06

1 year ago55:06

55:06

Let us know what you think of this episode Summary Ahmed Abdulwahab, CEO of Next Arabia, discusses entrepreneurship in Saudi Arabia and the MENA region, highlighting the progress made in recent years and the challenges that still exist. He also shares insights on the future of Africa and the role of technology in driving economic growth. Additionally, Ahmed talks about a social initiative he launched in Kenya with MasterCard to address youth unemployment and underemployment. The conversation touches on the potential of cryptocurrency and tokenization in solving financial system issues and promoting financial inclusion. The conversation explores the use of technology for decentralized funding, the concept of collateralized assets and high liquidity, the acceptance of cryptocurrency by blocks of countries, and the future plans of Next Arabia. Takeaways -Entrepreneurship in Saudi Arabia and the MENA region has seen significant progress in recent years, but there are still challenges to overcome. -The Saudi government has been actively supporting entrepreneurship through funding, accelerators, and incubators, but sustainability and organic growth are key for long-term success. -Africa, with its young population and untapped market potential, presents a great opportunity for technological advancements and innovation. -Initiatives that address youth unemployment and underemployment, such as the one in Kenya with MasterCard, can provide entrepreneurial opportunities and contribute to economic growth. -Cryptocurrency and tokenization have the potential to solve financial system issues and promote financial inclusion, especially in regions with currency devaluation and limited access to traditional banking. -Technology can be used to help local producers access funds in a decentralized manner through crowdfunding and tokenization. -Collateralized assets with real assets, such as gold or avocados, can provide high liquidity and stable pricing in the cryptocurrency market. -The real impact of cryptocurrency will be seen when blocks of countries accept it, rather than individual countries. To learn more about financial freedom; sign up for our newsletter: https://takadao.io/?newsletter=true&utm_source=SocialMedia&utm_medium=Takatalks+Social+redirection #takadao #crypto #web3 #blockchain #startups #finance #islamicfinance #entrepreneurship…

Takatalks

1
Winning with Blockchain: Empowerment, Regulation, and Stablecoin Solutions (Episode 28) 50:00

1 year ago50:00

50:00

Let us know what you think of this episode Summary Jimmy Nguyen, a leading figure in blockchain and emerging technology, discusses various topics related to blockchain adoption, regulation, and use cases. He emphasizes the importance of government engagement and regulation to drive blockchain adoption, dispels misconceptions about blockchain, and highlights the potential of blockchain in areas such as invoice financing and music IP registry. In this conversation, Jimmy Nguyen discusses various use cases of blockchain technology and the importance of stablecoins for real payments. He highlights the benefits of blockchain in tracking rights, such as song rights, vehicle registry, and property title registry. Nguyen also mentions his involvement in the stablecoin business and the need for stablecoins until the adoption of central bank digital currencies. Takeaways -Government engagement and regulation are crucial for blockchain adoption. Blockchain has the potential to revolutionize industries such as invoice financing and music IP registry. -Misconceptions about blockchain, such as its association with illegal activities, hinder its growth and adoption. -Regulatory sandboxes can provide a space for innovative blockchain projects to thrive. Blockchain can be used to track rights in various industries, such as music, vehicle registry, and property title registry. -Stablecoins are important for facilitating real payments and can bridge the gap until the adoption of central bank digital currencies. To learn more about financial freedom; sign up for our newsletter: https://takadao.io/?newsletter=true&utm_source=SocialMedia&utm_medium=Takatalks+Social+redirection…

Takatalks

1
Start-ups: Failures, Triumphs, and the Web3 Ownership Revolution (Episode 27) 58:58

1 year ago58:58

58:58

Let us know what you think of this episode Summary The conversation explores the promise of Web3 and the concept of ownership. It delves into the challenges of Web3 adoption and the impact it can have on ownership structures. The discussion also highlights the growing adoption of crypto in Turkey and the differences between entrepreneurship in Web3 and Web2. In this conversation, Ozan discusses the differences between Web 2 and Web 3, highlighting the technical and economic complexities of Web 3. He explains why entrepreneurship is a focal point for many nations and organizations, emphasizing the bottom-up efficiency and value creation that entrepreneurs bring. Ozan also emphasizes the importance of building capacity for entrepreneurship and innovation, as employability decreases and the need for value creation increases. He shares the impact of entrepreneurship programs and the rapid growth of ecosystems in countries like Saudi Arabia. Takeaways Web3 has the potential to revolutionize ownership structures and change the way transactions and wealth accumulation occur. The adoption of Web3 in Turkey is driven by the need for alternative financial systems and the desire for ownership in a challenging economic environment. Entrepreneurship in Web3 requires a different mindset and understanding of token economics and business models. The future of Web3 holds the promise of democratizing ownership and creating new opportunities for financial inclusion. Web 3 is more technically and economically complex than Web 2, requiring a deep understanding of the technology and a different set of skills and teams. Entrepreneurship is a focal point for many nations and organizations because it allows for bottom-up efficiency, value creation, and the ability to solve problems more effectively than traditional institutions. Building capacity for entrepreneurship and innovation is crucial as employability decreases and the need for value creation increases. Entrepreneurship programs have had a significant impact on ecosystems, leading to the rapid growth of startups and unicorns in countries like Saudi Arabia To learn more about financial freedom; sign up for our newsletter: https://takadao.io/?newsletter=true&utm_source=SocialMedia&utm_medium=Takatalks+Social+redirection #takadao #crypto #web3 #startups #blockchain #podcast #finance #islamicfinance #freedom #entrepreneurship #learning #investing…

Takatalks

1
Blockchain Revolution: Unveiling the Islamic Finance Metaverse (Episode 26) 39:04

1 year ago39:04

39:04

Let us know what you think of this episode Summary In this episode, Mughees Khan discusses his background and role at IBF Net Group, a fintech company focused on building a blockchain-based Sharia-compliant metaverse. He explains the benefits of blockchain in Islamic finance, particularly in improving transparency and trust in donations. Mughees also shares his perspective on the adoption of Web3 technology in Southeast Asia, specifically in Indonesia. He discusses the potential of the metaverse in various industries, such as automotive and tourism. Takeaways -Blockchain has the potential to revolutionize Islamic finance by providing transparency and traceability. -The metaverse can offer innovative solutions in various industries, such as automotive and tourism. -Southeast Asia, particularly Indonesia, has shown high adoption of Web3 technology and crypto. -Building trust and transparency in donations can be achieved through blockchain technology. Learn more about financial freedom at Takadao #takadao #crypto #metaverse #islamicfinance #blockchain…

Takatalks

1
Faithful Entrepreneurship: Islamic Business between Challenges and Opportunities (Episode 25) 53:40

1 year ago53:40

53:40

Let us know what you think of this episode In this conversation, Omar DaCosta-Shahid discusses the importance of infusing Islamic ethics into business and the challenges faced by Muslims in non-Muslim majority countries. He emphasizes the need for Muslims to fully embrace their faith in all aspects of their work. Omar also highlights the increasing interest in targeting the Muslim consumer and the opportunities for businesses with Islamic principles. He addresses the challenges of innovating in Islamic finance and shares his services, including the spirituality of business course. In this conversation, Omar DaCosta-Shahid discusses his various business ventures, including real estate investing and marketing agencies. He also shares his thoughts on social media and time management. Finally, the conversation concludes with a discussion on the universal nature of entrepreneurship and the importance of teaching young adults about mixing spirituality and business. Takeaways -Muslims should strive to infuse Islamic ethics into their business practices and not compartmentalize their faith from their work. -Muslims face challenges in non-Muslim majority countries, including discrimination and a lack of understanding about Islam. -There is an increasing interest in targeting the Muslim consumer, and businesses can benefit from understanding and catering to the needs of this demographic. -Opportunities exist for businesses with Islamic principles in various industries, including Islamic finance and sustainable fashion. -Innovating in Islamic finance can be challenging due to the existing infrastructure tied to conventional banking and interest-based systems. Learn more about financial freedom at Takadao: https://takadao.io/?utm_source=Buzzsprout&utm_medium=description&utm_campaign=podcast+ep25&utm_id=podcast+ep25+description…

Takatalks

1
Africa's Crypto Frontiers: Pioneering Financial Inclusion and Innovation (Episode 24) 48:40

1 year ago48:40

48:40

Let us know what you think of this episode In this conversation, Ahmed M Amer, the CEO of EMURGO Africa, a seasoned investor and blockchain enthusiast, discusses the potential of blockchain and crypto in Africa. He highlights the importance of financial inclusion and the role blockchain can play in providing access to financial services in emerging markets. Ahmed also addresses the challenges and hesitations in adopting blockchain in Africa, including regulatory concerns and lack of understanding. He shares insights into investing in Web3 startups in Africa and identifies areas of interest, such as embedded finance and climate finance. Ahmed provides advice for entrepreneurs looking to pitch to Emurgo and emphasizes the need for clear problem-solving solutions and a strong understanding of blockchain technology. Takeaways -Blockchain has the potential to provide access to financial services in emerging markets, where traditional infrastructure is lacking. -The adoption of blockchain in Africa is hindered by regulatory concerns, lack of understanding, and negative perceptions. -Investing in Web3 startups in Africa requires careful due diligence and a focus on revenue-generating businesses. -Climate finance and embedded finance are exciting areas in the Web3 space in Africa. Learn more about financial freedom at Takadao: https://takadao.io/?utm_source=Buzzsprout&utm_medium=Podcast&utm_campaign=ep24+description&utm_id=ep24+description #bitcoin #crypto #decentralization #islamicfinance #startups #blockchain…

Takatalks

1
Decoding Blockchain: Evolution, Challenges, and the Road Ahead (Episode 23) 1:07:27

1 year ago1:07:27