🕵️‍♂️ISSUES AND OPPORTUNITIES

Category	Traditional Banks	MBD Financials
Structure	Central banks monitor user interactions and financial accounts. Institutions can then employ predatory practices based on that personal information.	Decentralized financial platforms allow the user to be the custodian of their own wealth without extensive fees, slow processing times and third-party influence.
Development and Innovation	Core banking systems often do not run in real-time and do not use contemporary technologies. By 2030, 80% of heritage financial services firms will go out of business, become commoditized or exist formally but not compete effectively.	Users will be able to set their own access schedules, terms, trading, and learning schedules. The platform will include voting and governing rights through the use of a governance token.
Processing Time	Cumbersome licensing and tedious authorization procedures slow down financial institutions in adapting to new technologies and offerings to promote wealth for direct consumers.	Users will be able to set their own access schedules, terms, trading, and learning schedules. The platform will include voting and governing rights through the use of a governance token.
Security	Banks and financial organizations rely on outdated security measures to keep sensitive information secure. Many security measures rely on the consumer to take action.	The decentralized system has inherent security benefits, including immutability and full transparency, to ensure user security. Sentence on how financial education will help people avoid scams.
Accessibility	Two billion people worldwide still lack access to regulated financial services. These limitations hinder entrepreneurship and innovation.	The decentralized system has inherent security benefits, including immutability and full transparency, to ensure user security. Sentence on how financial education will help people avoid scams.