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The future of value transfer: Empowering financial services

Published on: Sep 29, 2021

Digital currencies, crypto, stable coins, fungible and non-fungible tokens are just some of the ways that the very fabric of commercial and social transactions is being transformed. But that is just the beginning – in a world where we increasingly see the creation and representation of value in digital form, we believe that the future of value transfer will encompass the exchange of value derived from customer activity, in addition to digital representations of currencies, real and digital assets, fractions of assets, and entitlements to those assets.

Creating value from data ownership will be subsumed by the immensely more valuable concept of data access – value will not be about who has the data but rather about who can get the data.  Customers will look to combine the value of their digital presence with their other digital stores of value and will ultimately demand to be empowered to create and capture value from their choices.  Success in the new world will go to those that best empower and enable the simultaneous creation, capture, and transferability of value – in any, and all, digital forms.

This report is the first of the new global series on the future of value transfer and will be followed by a deeper dive into trust & identity, inclusion and sustainability and platforms. The work is a result of an Asia Pacific Academy program, details on the program can be found below.

Add this as the last paragraph: This publication was released by our Global firm.

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