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Vanessa Colella

Global Head of Innovation and Digital Partnerships, Visa

Vanessa Colella is an innovation-driven leader with a focus on addressing significant challenges through cutting-edge solutions. She is deeply involved in the tech, fintech, and cryptocurrency sectors and is committed to fostering global partnerships. Additionally, Vanessa is passionate about promoting diversity and inclusion in the realms of technology and finance. She was recognized as a 'standout' on American Banker's 2021 Most Powerful Women list and is the author of 'Adventures in Modeling'. Vanessa holds a PhD in Media Arts and Sciences from the Massachusetts Institute of Technology, an MA in Technology and Education from Teachers College, Columbia University, an SB in Biology from Massachusetts Institute of Technology, and has studied at The Rockefeller University. Throughout her career, Vanessa has held various key roles in organizations such as Visa, Citi, La Scuola International School, MIT Media Lab, National Venture Capital Association, USVP, Yahoo!, McKinsey, and Teach for America. Besides her professional achievements, Vanessa is also a lecturer, wife, and mother.

Highlights

Sep 4 · linkedin

Tokenized deposits explained 👇    What are tokenized deposits, and what’s your take on this method of payment?    🪙 Tokenized deposits are a new and revolutionary concept in the financial ecosystem. They represent traditional bank deposits as digital tokens on the blockchain network and can create faster settlement of value transfers between accounts.     The top benefits of tokenized deposits are programmability, efficiency, and transparency.    → Similar to other blockchain assets, tokenized deposits can be configured to be used only under specific terms or conditions using smart contracts. That programmability ensures that digital money is only used for its intended purpose, providing greater control and customization over transactions.     → Tokenized deposits can help bypass the manual verification processes of traditional banking, due to a reduced reliance on intermediaries. Ultimately that can lead to cost-saving and increased operational efficiency for banks and financial institutions.    → Blockchain technology provides a transparent and immutable record of transactions. This is especially useful for financial entities as it enhances auditing capabilities, regulatory compliance, and risk management through new digital audit tools.     One example of where this can make a difference is real estate 🏠    In a real estate transaction, a buyer can use tokenized deposits to secure a property and initiate the payment process. Smart contracts can take it from there, automating the remaining transaction steps to trigger funds immediately once predefined conditions are met — in this case that could be something like the transfer of property title.    This would minimize the need for escrow services as funds could be automatically released to the seller, reducing transaction cost and settlement time. That’s good for all parties involved.    There are other promising use cases being explored as well, particularly as they relate to cross-border payments.    👉 What’s your take on tokenized deposits? Would love to hear from you.

Aug 8 · linkedin

⚠️ What are you driving at? This is your sign to slow down and remind yourself of the importance of asking questions.     The people and organizations best poised to lead are the ones asking the best questions.     In my experience, it’s the questions that uncover truths about human behavior that are most relevant and effective in unlocking new innovations. Those questions can come from anywhere and anyone, but it requires courage to speak up. That’s why I believe it’s essential for leaders to cultivate an atmosphere where individuals of all levels feel comfortable asking questions.     So next time you’re trying to solve a problem, think hard about the questions you’re asking. And make sure you’re listening closely to what others are asking.    #CareerAdvice

Vanessa Colella
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Location

San Francisco, California, United States