Blockchain and its potential in the financial sector
•Download as PPTX, PDF•
1 like•1,299 views
Blockchain has the potential to disrupt the financial sector in many ways. Anson Zeall gave the presentation at EPIC Singapore (https://www.coassets.com/epic/)
Recommended
Recommended
More Related Content
Similar to Blockchain and its potential in the financial sector
Similar to Blockchain and its potential in the financial sector (20)
Recently uploaded
Recently uploaded (20)
Blockchain and its potential in the financial sector
- 1. Blockchain and its potential in the financial sector A proud member of
- 2. About me
- 3. Anson Zeall CEO & Co-Founder ● Co-founder and Chairman of ACCESS (Association of Cryptocurrency Enterprises and Startups, Singapore) ● Computer Science by training, hedge fund manager by profession ● Founded a private family office trading/managing assets of US equities, derivatives and Asian Real Estate ● Built a Multi-level marketing company, top 10 youngest sales in Asia Pacific ● 3-time entrepreneur linkedin.com/in/ansonzeall angel.co/anson-zeall twitter.com/ansonzeall angel.co/coinpip | founders@coinpip.com
- 4. About ACCESS
- 5. ● Promote Singapore globally and industry-wide as the premier location for the development of businesses and services built upon blockchain technologies. ● United public voice and platform for the Singaporean cryptocurrency community ● Join and connect with us: ○ www.meetup.com/accesssg ○ www.facbeook.com/accesssingapore ○ www.twitter.com/accesssg angel.co/coinpip | founders@coinpip.com
- 7. angel.co/coinpip | founders@coinpip.com (not really accurate) “A blockchain is a public ledger of all [Bitcoin] transactions that have ever been executed.” - Investopedia
- 10. WHAT IF...
- 11. angel.co/coinpip | founders@coinpip.com Transfer made WITHOUT a financial incentive
- 13. angel.co/coinpip | founders@coinpip.com Endless innovation possibilities in both the financial and non-financial spaces
- 14. Status of blockchain in the financial sector
- 16. Why?
- 18. Capital markets are open for disruptive innovation
- 19. angel.co/coinpip | founders@coinpip.com http://techcrunch.com/2015/06/14/will-bitcoin-finally-bring-down-the-house-of-medici/ Fall of double entry accounting?
- 20. angel.co/coinpip | founders@coinpip.com Make way for Smart Contracts?
- 23. Central Banks Global Permission-based Fiat- denominated Blockchain Financial Institutions
- 25. DBS only sees a subset of what MAS sees.
- 26. Banks can see transactions related to their banks and stakeholders
- 27. HOWEVER...
- 28. angel.co/coinpip | founders@coinpip.com X Blockchain CANNOT survive without movement of X
- 30. Get your hands dirty and start TESTING ideas on the bitcoin and ripple blockchains NOW
- 32. Anson Zeall CEO & Co-Founder linkedin.com/in/ansonzeall angel.co/anson-zeall twitter.com/ansonzeall anson@coinpip.com angel.co/coinpip | founders@coinpip.com
Editor's Notes
- Start: I’m pretty sure most of you know.
- end: so when you think from the angle that it’s just a logged form of bittorrent, where each transactions can be stored and can never be erased
- End: When you think from things this way...
- Start: I’m pretty sure most of you know.
- end: it’s like having a database stored on the internet where you can’t change it, no mistakes tolerated, no hacking possible (not that I could think of)...and no fraud
- 21B. 21B is the amount of fees US companies paid to the banks and wiring agents last year when sending money to freelancers. That’s a lot of money. How did they get those fees? Today if you want to pay $500 to a contractor in India…. (turn page) <bigger…>
- Talk about bank communications …. how do we solve this?
- Talk about bank communications …. how do we solve this?
- Talk about bank communications …. how do we solve this?
- Movement of bitcoins does not mean it has to be used as currency. There are many ways to do it.
- end: Why bitcoin and not others?