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Crypto for good: DeFi credit unions and value-driven DApps (feat. BankSocial & Morph)

S1E40 • Jul 10, 2024 • 40m

The Agenda podcast is joined by John Wingate of BankSocial and Azeem Khan of Morph to discuss the ways blockchain and crypto can be used to financially empower regular people and make the world a better place through DeFi-focused credit unions and value-driven layer 2s.

The Agenda is brought to you by Cointelegraph and hosted/produced by Ray Salmond and Jonathan DeYoung. Follow Cointelegraph on X (Twitter) at @Cointelegraph, Jonathan at @maddopemadic and Ray at @HorusHughes. Jonathan is also on Instagram at @maddopemadic, and he makes the music for the podcast — hear more at madic.art.

Follow John Wingate on X at @PresidentHODL and Azeem Khan at @azeemk_.

Check out Cointelegraph at cointelegraph.com.

If you like what you heard, rate us and leave a review!

Timestamps:
(00:00) - Introduction to The Agenda podcast and this week’s episode
(01:43) - What is BankSocial, and what is its mission?
(07:04) - Are there securities and regulatory risks for users?
(10:03) - What a DeFi-focused bank actually does
(12:37) - How BankSocial handles banking and blockchain challenges
(17:08) - What is the Morph layer-2 blockchain?
(19:01) - Bringing DeFi to places that lack banking infrastructure
(22:05) - What type of projects will be built on Morph?
(23:56) - What the UNICEF CryptoFund does
(26:08) - Why Azeem first got into blockchain
(29:39) - Can Morph help with international aid delivery?
(32:03) - Morph and the future of AI
(33:49) - Will the AI revolution overall hurt or help people?
(34:56) - Can billionaire philanthropists save the world?
(37:40) - Can crypto address global poverty?

The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.

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About the hosts

  • Ray Salmond

    Ray Salmond is an editor and the head of markets at Cointelegraph. After discovering Bitcoin in 2016, he went on to work as the head of content and marketing at a variety of blockchain startups.

  • Jonathan DeYoung

    Jonathan DeYoung is the senior copy editor at Cointelegraph. He is interested in how decentralized technologies can strengthen communities and empower independent artists.