Israel threatens to abandon collaboration with Palestinian banks. Although global pressure to stop Netanyahu from doing that is necessary, new banking mechanisms seem to be also necessary.
There are micro-investment schemes around the world focusing mainly on people living in poverty. However, in a decentralized environment where the economy is mainly led by small and middle-size companies, new types of micro-investment are essential, where people invest in startups. In the conventional banking system, people lend money to banks and then they lend them to businesses.
But in a decentralized environment, people can invest directly in small and middle-size startups and companies. In this scenario, people do more than just lend or invest money they provide expertise to help those startups and companies flourish, similar to professional investors. This means ordinary people turn into investors. The role of AI, a personal advisor, in this scenario is critical.
I plan to set up a website and explore this banking idea more in that website.