BLOCKCHAIN FINANCE SUMMIT – TECHNOLOGY & INNOVATIONS

09:00 - 09:50
SPEAKER:
I INTEREST IN BLOCKCHAIN IS HIGH; DO WE REALLY UNDERSTAND IT? MORE IMPORTANTLY, HOW IS IT REGULATED?

Blockchain Technology: Need for Relevant Regulatory Policy
– Law and Blockchain technology can influence each other through a complex system of dependencies and interdependencies
– With the current rise of blockchain technology, governments have already issued the first blockchain-related laws. Should companies approach blockchain with suspicion? Does blockchain government regulation concern solely cryptocurrencies, or the entire range of blockchain solutions?
Q&A focusing on Blockchain Regulations

10:00 - 10:30
SPEAKER: Thomas Schwiertz, Chanmeet Kaur, Hans Huber
II INNOVATORS EXPLORE THE POTENTIAL OF BLOCKCHAIN: THE RISE IS YET TO COME
XVA Blockchain – Collateral service for derivatives
– Post-trade reporting
– Capital markets used cases
– Risk Management optimization
Thomas Schwiertz, CEO at Advanced Blockchain Solutions, Germany
The unstoppable force of blockchain technology is barreling down on the infrastructure of modern finance
– Cross-platform fusion help blockchains interact freely and create a stronger, interoperable, hyper-productive connected network
– What are the plus and minuses?
– The practical story of the Blockchain implementation.
Chanmeet Kaur, Innovation Manager, Trade and Commodity Finance at ABN AMRO, Netherlands
Interoperability between distributed ledgers and business networks built with it
– PoC over PoC, but no interoperability foreseeable
– A lot promised, but so far just another layer of silos being built
– Common data formats, reliable protocols and global IDs required
Hans Huber, Blockchain Architect at Commerzbank, Germany

13:30 - 14:00
SPEAKER: Ingo Becker, Jags Rao
III (CASE STUDIES) THE BLOCKCHAIN IS SHAPING THE INDUSTRY NOWADAYS, BUT HOW MUCH THE INDUSTRY PLAYERS REALLY CONSUME A FULL PORTION OF IT?
Blockchain Technology: Recent Success Stories
-Blockchain – a revolution for Deutsche Bank? Some insights into the DB project backlog and deep dive on we.trade as an implementation project

-Deutsche Bank’s activities and approach

-Deep dive on we.trade as an implementation project

Ingo Becker, Director | Senior Expert Disruptive Technologies & Solutions at Deutsche Bank, Germany

Open and neutral industry DLT/Blockchain platforms – can they drive business model innovation in insurance?
– DLT (distributed ledger technology) enabled secure, transparent and efficient insurance industry processes
– Looking beyond efficiency and productivity gains: impact of Google-scale commercial data aggregation driven by new digital ecosystems
– Swiss Re’s approach and focus on applying DLT (distributed ledger technology)
Jags Rao, Director – Distributed Ledger Technology, Swiss Reinsurance Company Ltd. Zurich

14:30 - 15:00
SPEAKER:
(KEYNOTE PRESENTATION) THE TRUTH BEHIND SMART-CONTRACTS AND HOW INDUSTRY GETS ITS BENEFITS?
Enforcing contracts automatically, trustless and impartially
Taking out the middlemen in contract construction, contract execution and contract enforcement
By implication, removing lawyers

15:30 - 16:20
SPEAKER: Andrius Adamonis, Maria Concepcion de Monteverde, Lisa Biesenbach
IV (PANEL DISCUSSION) BEST PRACTICE STORIES SHARED BY THE LEADING EUROPEAN FINANCIAL INSTITUTIONS IN REGARDS TO BLOCKCHAIN COLLABORATIONS
Bank of Lithuania as innovation promoting financial sector partner on 15th October introduced the Regulatory Sandbox to the market. One branch of this sandbox is “LBChain platform-service”. LBChain it is R&D project for creation of Blockchain technology-based platform-service for fintech companies to test their use cases in regulated environment while getting legal and regulatory support from Bank of Lithuania and Blockchain technology support from platform provider. Bank of Lithuania is working with 4 companies and 3 different Blockchain platforms in order to identify which platform and what functionality best suits the fintech market needs. Aim of LBChain project is to accelerate the development and application of Blockchain based solutions in the financial sector. Bank of Lithuania believes that regulatory authorities and financial market participants should communicate and work closely in the field of innovation to ensure growth of the market.
Andrius Adamonis, Blockchain Project Manager at Bank of Lithuania, Lithuania
Blockchain technology is most useful when a collaborative approach is followed, rather than a purely competitive one. Standardization is rather important, as it enables compatibility, and thus the much-needed network effect can be granted. Here “coopetition” is needed, where banks (and non-banks) collaborate on the creation of standards and the implementation of the underlying shared ledgers to compete on the high level applications and businesses that can be built on top of the underlying platform. To this extent, Santander does participate in leading forums and working groups in the industry and is a member of several consortia aiming to build global blockchain platforms.
Maria Concepcion de Monteverde, Blockchain Project Manager at Banco Santander, Spain
– Industry-wide blockchain adoption necessitates the
creation of a minimum viable ecosystem (MVE), which
is a stepping stone towards the desired network effect.
– This requires active participation and engagement with stakeholders from all layers across the value chain.
– ING strongly believes that having a collaborative ecosystem is key for unleashing the full potential of the technology and for this reason we are active in several consortia, academic & regulatory working groups.
– At the same time, ING drives standard setting by open sourcing in-house developed technology
Lisa Biesenbach, Blockchain Program Manager at ING, Netherlands