This milestone follows an electrifying Genfinity panel hosted by Ryan Solomon featuring:
- Dr. Leemon Baird (Hashgraph’s Chief Scientist and DeRec co-founder)
- Brandon Wolf (GM at Lace and IOHK’s Cardano ecosystem)
- John Wingate (Founder and CEO of BankSocial)
The session, titled “BREAKING: The Biggest Networks in Blockchain Just Joined Forces,” explored why now is the moment to fix digital recovery, and how BankSocial is leading the charge.
The Road Ahead: Interoperability, Ubiquity, and New Use Cases
DeRec’s power lies in its universality. As an open-source standard, it fosters interoperability across wallets (such as Lace’s 2026 launch), chains (Cardano, Hedera, Ethereum), and beyond. For institutions, this means reduced liability and better UX. For users, it means the safety net they assume already exists. BankSocial’s rollout proves this isn’t hype, it’s here, unlocking tokenized economies.
Join the Revolution
BankSocial’s implementation of DeRec isn’t just a win for finance, it’s a clarion call for Web3’s maturation. As the DeRec Alliance’s first full adopter, BankSocial is showing the world that decentralized recovery can be invisible, intuitive, and institution-grade.
Ready to build the future? Visit derecalliance.org to integrate DeRec, join the alliance, or access the open-source code.
Follow @DeRecAlliance on X for updates. https://x.com/DeRecAlliance
Watch the full discussion https://x.com/GenfinityIO/status/1973804478638772639