@patryx

Why modern Neobanks will rule the financial system Traditional banking systems are still mainstream, but they give headaches to users who want to make payments especially international This usually is a long and expensive process Neobanks were created to skip these processes, but they still have limited operability The new generation of Neobanks (self custodial) are solving all these problems through fast, cheap and seamless transactions across the globe Traditional banks: • Manual process, many intermediaries • Trx speed 1-5 days • High fees (midlemen) • No transparency • Limited interoperability Neobanks: • Digital process, no midlemen • Trx speed almost instant localy but slow cross-border • Low trx fees but grow for international • Better transparency yet limited to partners • Limited interoperability Next gen Neobanks • global network • Instant trx speed globally • Minimal trx fees • High transparency (every step recorded) • High Interoperability

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