At Money2020 in Las Vegas, DWT Digital Counsel partner Peter Luce moderated a panel discussing the potential for adoption of crypto-currency innovations among incumbent financial institutions. With more than 7,500 attendees from 60+ countries, Money2020 is the leading global forum for payments innovation. One key takeaway from Peter’s panelists, who represented startups as well as financial institutions: By 2020, money center banks will be facilitating transactions in virtual currency for their accountholders. Cash (as we know it) is on the way out.
