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The Great Transition: The Personalization of Finance is Here

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The Great Transition – the personalization of finance is here
Author
Illustrator
LanguageEnglish
SubjectBusiness & Economics
GenreFinance
PublisherWorld Scientific
Publication date
2022
Pages236
ISBN9811265623 Search this book on .

The Great Transition: The Personalization of Finance is Here is a 2022 non-fiction book by Emmanuel Daniel. It maps the development of the finance industry and the influence that decentralized finance has on traditional banking, society, and entire economies.[1]

Overview[edit]

The book was published in September 2022 as The Great Transition: The Personalization of Finance is Here by World Scientific.[2] The book covers the finance industry and its massive transformation, shifting from its platform stage into what Emmanuel Daniel calls the “Personalization of Finance".[3][4]

Synopsis[edit]

This book covers the transition of technology from its platform to personalization phases, with finance at the center of the process.[5] It discusses how traditional finance will finally be transformed by developments in cryptocurrencies, stablecoins and decentralised finance.[6]

Daniel starts the book with a simple allegory of the ice trade in the 1750s and uses it to set the stage for deeper discussions in the book about the personalization of finance.[7] He then traces the transition that traditional banking has made since the 1990s on the balance sheet and in the areas of innovation to set the stage for the transition underway.[8]

The personalization of finance will have a profound effect on how institutions, markets, and societies will need to function in the network age.[9]

Reception[edit]

Former congressman Barney Frank wrote the foreword.[10] The book has attracted positive reviews by Richard Sandor, [11] and Alex Manson, the General Manager of Standard Chartered Bank’s SC Ventures.[12] [13]

The book has been reviewed by The Fintech Times editorial director Mark Walker[14] [15] and The Financial Brand’s co-publisher Jim Marous.[16] [17] It has also been reviewed by Kirkus Reviews. [18]

References[edit]

  1. Book Review: Emmanuel Daniel's The Great Transition. thefintechtimes.com. ISBN 9789811265310. Search this book on
  2. Daniel, Emmanuel (2022). The Great Transition: The Personalization of Finance is Here. worldscientific.com. doi:10.1142/13113. ISBN 978-981-12-6530-3. Unknown parameter |s2cid= ignored (help) Search this book on
  3. "Customers in Control: What Personalized Banking Means Now". thefinancialbrand.com.
  4. Emmanuel Daniel (2022), The Great Transition – the personalization of finance is here. 27 September 2022. ISBN 9789811265327. Search this book on
  5. "The great transition the personalization of finance is here | WorldCat.org". www.worldcat.org. Retrieved 2022-12-06.
  6. Emmanuel Daniel (2022), ibid, p.121
  7. Emmanuel Daniel (2022), The Great Transition – the personalization of finance is here. 27 September 2022. ISBN 9789811265327. Search this book on
  8. Emmanuel Daniel (2022), ibid, p.121
  9. "Book Review: Emmanuel Daniel's The Great Transition". thefintechtimes.com.
  10. Daniel, Emmanuel (2022). The great transition the personalization of finance is here. Barney Frank, Richard L. Sandor. Singapore. ISBN 978-981-12-6531-0. OCLC 1346615350. Search this book on
  11. Daniel, Emmanuel (2022). The great transition the personalization of finance is here. Barney Frank, Richard L. Sandor. Singapore. ISBN 978-981-12-6531-0. OCLC 1346615350. Search this book on
  12. Davidson, James Dale; Rees-Mogg, Lord William (26 August 1999). The Sovereign Individual: Mastering the Transition to the Information Age. ISBN 9780684832722. Search this book on
  13. "Alex Manson". sc.com.
  14. "Book Review: Emmanuel Daniel's The Great Transition". thefintechtimes.com.
  15. "The Fintech Times". thefintechtimes.com.
  16. "Jim Marous Review on Twitter". twitter.com.
  17. "Jim Marous — The Financial Brand Co-Publisher". thefinancialbrand.com.
  18. "Review: The Great Transition: The Personalization of Finance is Here". kirkusreviews.com.



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