The need to provide new products in accordance with technological changes and customer needs

Asghar Abolhasani, deputy official of the central bank, who spoke at the 9th conference on electronic banking and payment systems, stated about the ecosystem of electronic banking and its definition in the world and Iran , security and privacy and regulation and governance are the three main axes of the conference, and of course all these workshops, lectures and panels are to know how not to fall behind the world and move in the right direction.
The deputy official of the Central Bank stated: The characteristic of social money is that trust does not disappear, because if trust is lost, money is no longer money.
Abolhasani added: If users lose their confidence and trust, it can no longer be called money. In this context, there are two important properties; One is the money itself, which is nothing, the other is the circulation of money, which is everything. All the money we are talking about must circulate, but if it does not circulate, it is no longer money and is merely an asset, and it will be money only if its value is accepted.
He continued: Today, we are in the era of new technologies, where various developments have come into play both in the provision of services and in the field of products, and customers, users, and people who use these facilities have different needs.
The deputy official of the Central Bank stated: We are also facing a changed platform called the needs of customers, so we must be able to respond to the needs and be aware that enemies can use it, and our security is important and our customers also need it. They have to protect their data and privacy, which is important.
He added: The 9th conference of electronic banking and payment systems was held after a three-year hiatus, and this hiatus has helped the establishment of electronic banking and technologies that are boundless in time and space. As can be seen from the name of the conference; digital value creation that leads to value creation; Priority is given.
The deputy official of Central Bank pointed out: Value creation and value creation has three dimensions, customers, bank and ecosystem, and we tried to cover all three dimensions in this year’s conference. In fact, value creation brings us closer to our main economic goal, which is profitability; Of course, this profitability is done by reducing costs (by expanding the use of technology).
According to Abolhasani, in the field of electronic banking, we are not behind the world level, and for us, the first place in the Asianization region in the next 20 years is not far from our mind.
The supervisor of the 9th Electronic Banking and Payment Systems Conference added: Since the introduction of money into human life, people’s problems have started, and since then it is still not clear what money is; Money has been transformed from different forms to new money and we don’t know what will be the result of mixing money or credit with technology. Trust is the basis of the nature of giving money; Money takes this credit from the government or from the users. In fact, the circulation of money is everything, and money is not a war of great powers over money; They leverage money from weak countries to promote their own prosperity. Such conferences bring us closer to victory in the unequal war.
He reminded: In today’s era, the needs have changed, and as a result, we have to offer new products and keep in mind the progress of the enemies in this field and their intention for abuse. We must also provide the infrastructure and platform for the use of technology for the next generation, as well as governance in the field of blockchain, which creates money and artificial intelligence as a guide to people’s lives.
He clarified: In transformative technologies such as blockchain, all kinds of money were created in it. It is an ecological issue that we must define in the country and region and not lag behind to build the future. The second issue is security and privacy and related matters, and the third issue is regulation and governance.
The deputy official of the central bank emphasized that the plan would not have been completed if it were not for the banks in the implementation of the subsidy targeting plan; He said: At that time, we also thought that the system might collapse, but it didn’t and the work went on.
This central bank official continued: The same electronic banking that helped us in targeting and was perhaps the first and most important test of the digital banking network in the country, today has reached a point where we are not far behind at the regional and global level. Countries at our level and Southwest Asia can be an inspiration, although the speed of the world’s progress is high and the new money that is created makes the work more difficult.