Few trials pick up as much interest as that of FTX’s founder and ex-CEO, Sam Bankman-Fried (“Bankman-Fried”). Once the leader of a cryptocurrency exchange platform valued at its peak at around $32 billion[1], Bankman-Fried has spent the past month in a Manhattan federal courthouse facing charges of fraud, conspiracy, and money
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Waves of change – how FinTech can drive the future of social impact finance
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Innovation and creating purposeful change for communities is at the very heart of what social impact finance is all about. Such impact investments have never shied away from embracing that latest technological innovation or challenging the status quo. In this vein, FinTech initiatives such as blockchain have the potential to prove that they can be the catalyst for democratising data and opening new worlds of possibility to users and stakeholders around the globe. A recent Harvard Business Review research project backs up these claims, and believes that there is strong evidence that blockchain can not only transform businesses and governments, but also have a profound impact on society as a whole.
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