Fintech and Big Data have been powerful, accomplishing in a decade what traditional banks might take half a century to achieve. Tech firms now use big data to assess creditworthiness without relying on collateral, opening up lending to new borrowers. But there's a ceiling to this progress: Existing digital systems still have gatekeepers that extract fees and are bound by borders.

The Web3 Imperative is simple: Leverage decentralized technology to eliminate these intermediaries, establish borderless trust, and empower the underbanked to build credit and wealth on their own terms.

Why technology is the answer, but the infrastructure must be right: . erickpereda.substack.co…