IW Summit: Digital assets represent 'future of finance' despite shortcomings

Gavin Brown

Elliot Gulliver-Needham
clock • 3 min read

Gavin Brown, associate professor in financial technology at the University of Liverpool, has warned that asset managers are “missing what might be the future of finance” by not considering cryptocurrencies, while cautioning investors about their shortcomings.

"I believe there is credibility and credence in what I believe is this new asset class, but at the same time there are some significant downsides," Brown said, speaking at the inaugural Investment Week Summit today (6 July). This "new form of decentralised money" represents a removal of central intermediaries from transactions, he said, which he explained will be "undeniably disruptive". International regulatory group unveils first set of global rules for crypto industry Along with decentralised exchanges, there are now also decentralised custodians or decentralised loss adjust...

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