In this thought-provoking episode of Tech Talks Daily, I'm joined by Emmanuel Daniel, a global thought leader on the future of finance and listed as a top 10 global influencer in the "Fintech Power50" for 2021 and 2022. The founder of The Asian Banker and Wealth and Society, and author of “The Great Transition: The Personalization of Finance is Here,” Daniel takes us on a journey through the evolving landscape of finance. Our discussion unravels around the continuous growth and impact of decentralized finance (DeFi), the importance of accessibility, and the potential of these technologies to revolutionize the financial landscape. Daniel explains Total Value Locked (TVL) - a key measurement in DeFi, the challenges of its understanding and its immense potential in reshaping our financial systems. We delve into the dichotomy between Web3 and Web3.0, highlighting the battle between decentralization and platform dominance. This conversation extends into the realm of personalization in the banking sector, emphasizing the importance of decentralizing identity, value transmission, verification, and information transmission. As we examine the concept of self-sovereign identity, Daniel illustrates its potential to transform our interactions with financial institutions. Furthermore, we explore the financialization of data and how trading and transacting digital assets can spur GDP growth. Finally, we discuss the value of cryptocurrencies in a networked world, the future of the deposit business in the banking industry, and the potential role of stable coins. Wrapping up the conversation, we reflect on the banking crisis in light of Emmanuel's predictions in his book, "The Great Transition." Tune in for this insightful episode, as we demystify complex financial technologies and delve into the future of the financial industry. Whether you're a financial enthusiast or an industry expert, this is an episode you don't want to miss.