Host Umair Javed, CEO #Tkxel, chats with Mohammad Raafi Hossain, CEO & Founder, Fasset-a global digital asset gateway, about how Fasset is bringing the best-in-class, unparalleled access to the digital asset space.
Mohammad Raafi shares his insights on the future of Fasset, areas where Web3 is emerging and gaining popularity. According to Raafi Hossain, Fasset is pioneering web3 technologies and driving the adoption of digital assets for the next billion.
1. An NFT is a digital asset, some computer code and data that conveys ownership of something. In today's contemporary context, NFTs don't have that much value, but in the future, human behavior will understand it & NFTs could become more widely used.
2. Remittance is extremely difficult in countries leveraging engineering & development talent. A strong banking intermediary is essential for both ends, and this is a direct use case where we see the value of digital assets and web3 technology gaining popularity.
3. Emerging economies are not at the forefront of technology and don't have the means to convert currencies usable in the real world. The US is using crypto as a tool for investment, whereas Bangladesh, Pakistan & Vietnam, etc are using it as a tool for remittance.
4. Fasset focuses on being a bridge between the real and digital world and that both worlds exist and complement each other, helping people understand and educate with the use cases. Further, the focus is last mile non. Crypto adopters can benefit from web3 and interact with friends and family in other countries.