Discover and read the best of Twitter Threads about #OpenFinance

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$BioFi Everything you wanna node 🧵

Biometric ecosystem leveraging blockchain technology to safeguard personal data. It's a utility token that binds together a secure set of solutions developed by @Finnovant, Inc., and key providers. #BioFi #Blockchain #Biometrics Image
$BioFi addresses concerns about personal data protection and fraud. The $BioFi utility token is available through an online ecosystem that contains secure products, easy to download, activate, and purchase with the $BioFi token. #DataSecurity #Crypto
BioFi has real-life utility functions already launched in the market: Say-Tec API and developer portal, Krptic cryptocurrency wallet, Phēnix X1 Secure Android node mining smartphone, and UniSafeBox password manager. #DeFi #CryptoWallet Image
Read 14 tweets
MX's Chief Advocacy Officer, @Jane_Barratt, joined a panel today at @FintechGen, speaking on Data & Consumer Privacy Legislation. Sharing highlights below. people, panel, webinar, con...
"We truly believe at MX that people do own their data and there should be some sort of consumer data right in place." - @Jane_Barratt @FintechGen
I would hope that 5-10 years from now we’d look back on this question of: “Is it our role to help protect consumer’s financial data?” as anachronistic. - @Jane_Barratt
Read 6 tweets
1/Open Finance is an exciting industry being built on Ethereum. Ethereum is slow and inefficient on Layer 1, but exceptionally good at storing and programming digital value & acting as a settlement layer (Something EOS will never be because it lacks security and decentralization)
2/Open source software is being built on Ethereum that lowers economic barriers and lets anyone in the world have access to the global financial system, including the unbanked, because it doesn’t require a trusted intermediary.
3/People can securely store their own assets using hardware wallets or mobile app wallets. Exchanges, loans, insurance, finance, banks, baskets, derivatives, and CDP’s are among just a few permissionless services available.
Read 7 tweets

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