In the latest New Money Review podcast, Paul Amery interviews Robert Sams, founder of chief executive of Clearmatics, a technology company based in London.

In the podcast, Sams explains why he believes a shift away from the current centralised financial infrastructure is inevitable, and why initiatives such as Clearmatics’ own Utility Settlement Coin and Facebook’s new Libra project are only the start of a much bigger trend.

In due course, says Sams, a more decentralised system could help address the moral hazard problem symbolised by the 2008 bailouts of big banks, as well as reducing the security risks inherent in the current infrastructure.