Inside Fintech - Seoul - Day 1 - Thursday, November 29th, 2018
Warren Buffet is one of Bitcoin's most vocal opponents. Yet as crypto investors, what lessons can we learn from the Sage of Omaha? What is the fundamental value of a digital asset and is there such a thing as value investing in this space? In this session, the presenter will argue that long term value investing is an attractive strategy and that it is essential in order for the blockchain ecosystem to thrive.
Block.one - EOS VC is unique amongst venture capital endeavors as it focuses specifically on investing in projects that aim to help further build out the EOSIO ecosystem. This is part of Block.one’s mission to drive mass adoption of blockchain technology globally. EOS VC provides support through venture capital partnership funds that primarily aim to achieve sustained utilization of the EOSIO ecosystem by investing in a concentrated and diversified portfolio of blockchain-focused companies building on the EOSIO software. EOS VC invests across sectors, and focuses on projects that have the highest likelihood of delivering value through the application of blockchain technology. This includes: social media, gaming, entertainment, fintech, healthcare, supply chain and logistics.
EY, a global provider of management consulting to companies is leveraging its expertise to its clients by concentrating on the application of Blockchain on business transformation. This session will delve into trends and applications through examples of “Enterprise Blockchain” that have been piloted and rolled out in various countries and provide insights on how its application within Korean companies is transforming their business process and corporate management.
As digital transformation intensifies, enterprises today are increasingly international in scale and it is fueling the incredible growth in cross-border B2B payments, which is estimated to exceed US$218 trillion by 2022. Hence, the ability to make and receive payments quickly and transparently is critical for businesses to thrive in the digital era. Our Co-founder & CEO Max Liu will be able to share perspectives on the challenges and opportunities for enterprises to expand and succeed this trillion dollar market.
During the session, Pradeep Goel will describe healthcare payments and financial management challenges that exist in modern healthcare systems. He will share with the audience how blockchain technology can improve care outcomes by dramatically reducing healthcare administration costs and substantially reducing the opportunity for duplication, waste, abuse and fraud.
The audience will identify how the immutability, intelligence and transparency of healthcare payment token will decentralize most of healthcare financial transactions, make adjudication and payments real-time and transform the revenue cycle management of healthcare in the US and globally.
Client centricity is at the heart of Citi Korea’s innovation process. It begins with deep empathy of the unmet and unarticulated needs and motivations of our clients to generate a differentiated client experience. In addition, Citi Korea Innovation Lab enables lean innovation with a focus on Minimum Viable Product and the importance of moving fast in a rapidly changing environment.
This session discusses the client-centric innovation methodology which is used to solve a complex problem and find desirable solutions for clients in the Citi Korea Innovation Lab. The session aims to share important learnings and insights to help executives, business leaders and technology leaders who would like to drive client-centric innovation in their organizations.
For the first time in history, humanity has the tools to organize mass numbers of people in complex governance systems without needing a central authority or geographical proximity.
Blockchain consensus mechanisms align the incentives of individuals who don’t know or trust each other, such that they can securely engage in mutually beneficial transactions, while building and sustaining a functioning economy.
An explosion of governance models are being launched by teams with unique philosophies and clever ideas.
Blockchain networks are a testing ground upon which we as a society will learn about what would work better than current governance systems, shaping the very future of our species.
The reason for China's rapid development is that there are more than a billion 'Phono Sapiens'. Phono Sapiens is the neologism created by the British business magazine, Economist. It is referring to the newcomers of modern society who communicate, consume, and use everyday life on smart phones. In 2020, more than 80 percent of the world's population will use smartphones. The smartphone used by Phono Sapiens in China totally changed the payment system in China. If you have a smartphone, you can pay most of the times without cash in China. Especially in China, smart phones are already deeply in their everyday lives to such an extent that even beggars are begging with QR codes. China has become the world's best IT powerhouse. In this session, we will explore China's Innovative Changes being made through the Fourth Industrial Revolution.
There has been lots of impacts on financial industry especially for banking from 4th industrial revolution and its core technologies. It changes landscape of banking industry by redefining competition and cooperation between banks, tech giants and fin-tech start-ups. From the perspective of banks which possess priviIeges on financial service, it will be necessary to look after what will be the key requirements, roles and responsibilities of banks in the future that can be expected from the customers and stakeholders. Finally, we are to address how SC, as a global bank, does respond to these changes by introducing core projects and outcomes of SC's innovation including blockchain technologies.
LINE launched LINK early of September 2018 as a listed company at Tokyo Exchange and NASDAQ. Why did LINE create its own cryptocurrency without ICO? What is the LINK ecosystem? How to get LINK? All about LINK and LINE token economy will be illustrated in this keynote session.
The answers will be delivered by Heewoo on the conference.
In the fintech field, KYC (Know Your Customer) Identity is not only just identification, but also an essential element for a credential, certification, possession right and authority in the process of variety transactions and using. In addition, blockchain technology is important to expand to smart contract.
SK Telecom is preparing trust-based mobile identification service. This session will share our disruptive service affecting the future of identification and how it is leading the service providers and the consumers behavior pattern shift.
Looking around today, we can see that a myriad of state-of-the-art products and services are commercially available, but most people do not know how many technical specifications and certifications back it up. In this session, we would like to share some of the technical specifications and certification programs that many people use but are not familiar with. And the speaker will highlight some problems with technologies that are known to the general public, such as the block chain, but which do not yet have an institutional regulatory framework, especially from the perspective of security and interoperability. What standards and certifications are required for these new technologies? How do standards and certifications do not hinder innovation? From this perspective, the speaker will discuss new types of specifications and tests (community consensus, crowd sourcing, etc.). And we will take a look at the similarities between consensus-based standards and blockchain as well.
The talk presents the progress that AI and Blockchain have done over the last few years. The aim is to not only present theory but also real use cases where these technologies have been implemented. Lastly to provide a view of how the future could look like on adaption of Blockchain and AI especially by the Fintechs.
Raonsecure is working with Korea's financial institutions and payment gateways to introduce a self- sovereign identity service with its own differentiated FIDO technology, and will soon introduce more faster and convenient self-sovereign identity service to South Korea's on-line transactions.
There has been a lot of noise recently about terms like "cryptocurrency“, "blockchain" and “ICO”. Some of it is hype, but some of it points to important forces in the market. So what does it all mean? Glenn will talk about latest trends in global cryptocurrencies and discuss its impact to our business environment.
Privé Technologies is a leading innovator in the financial and wealth management industries. Recognized as the fastest growing technology company in Hong Kong by Deloitte in 2017 and ranked as the 14th fastest growing technology company in the whole of Asia in 2018 by the Financial Times’ FT 1000 APAC, Privé’s three platforms – Managers, Avenir and WEALTH – provide end-to-end solutions for banks, financial advisors, independent asset managers and insurance companies. We are uniquely positioned between the banking software behemoths and the small fintech startups to provide the most comprehensive and innovative services to our wide network of B2B and B2C clients.
Our technology solutions help the financial institutions of today to streamline and transform, enabling them to operate more efficiently and effectively than ever before. The breadth of our suite of products – which spans from client acquisition and content marketing, to digital onboarding and CRM, to portfolio construction and reporting, to account aggregation, robo and bio-advisory, insurance aggregation and pricing, as well as a product and securities brokerage platform, and more – is unparalleled in the financial technology industry.
Founded in 2011 and headquartered in Hong Kong, Privé has offices in Singapore, Malaysia, Thailand, Taiwan, Korea, China as well as an extensive network in the UK and Germany. Privé has over 60 financial institutional clients globally, including two of the world's largest banks by AUM.
In 2017, the crypto market experienced substantial growth with trading volume records literally being set every month. Now with the crypto plummeted price dramatically compared to a year ago, we can start talking about the nuts and bolts of DApps (Decentralized Applications) and the role of exchanges which are essential for real innovations. What are the key elements needed for successful DApps in this ecosystem? What would be comparative advantage of exchanges? In this panel session, you will hear the most up-to-date trends and insights from this group of panelists.
Inside Fintech - Seoul - Day 2 - Friday, November 30th, 2018
While crypto assets volatility has shrunk in recent months, past declines in volatility were resolved by an upside move. The use cases for crypto remain strong and adoption is set to accelerate in 2019 with the launch of services by Bakkt (ICE), ErisX (TD Ameritrade) and Fidelity.
The LIN project team is looking for a method which blockchain technology so called 'second internet' naturally integrates into daily life. We will expand the base of blockchain technology, and furthermore will popularize the technology. We can easily provide a development-friendly environment to large enterprises with development infrastructure, provide small companies and general developers which participate in the development of services based on blockchain, and finally we want to provide the same user experience as the existing web and mobile environments. In this keynote session, how both developers and users can enjoy the benefits of block-chain technology will be shared.
This session will cover the present and future of blockchain technology and its tremendous not only on banking and financial market and cross-industry and discuss blockchain industry ecosystem. In today’s digital economy, blockchain's innovative power creates new opportunities and challenges and will disrupt industry ecosystem as we know it. No single company can unlock the potential of blockchain on its own. It will especially focus on how to build blockchain ecosystem and accelerate ecosystem values through global use cases. It will introduce enterprise-ready blockchain technology that overcomes existing limitations of blockchain technology in terms of privacy, confidentiality, audibility, performance and scalability for building blockchain ecosystem.
As with all of Kakaopay’s first-to-the-market innovations such as mobile payments, messenger-based P2P money transfers and self-authentication services, Kakaopay is revolutionizing how money is being exchanged via QR codes in Korea, especially for the places credit/debit card acceptance is difficult or expensive. This session will share in-depth exploration on why Kakaopay believes QR payments are so critical in the era of cashless/walletless society and how it is leading the consumer behavior pattern shift.
Following the Cambridge Analytica incident in April, Facebook has admitted to another security breach that had 50 million user accounts exposed to hackers. Our personal data is always under risk of leakage in the digital era, and there are mounting concerns over private information security as online activities grow exponentially. This session will unravel the history of online identity models, current identity-related problems and a blockchain-based solution employing Self-Sovereign Identity.
The blockchain technology and digital currency landscape is rapidly evolving. This panel of experts will explore the current state of the law, emerging trends in the market, and how key players in the industry have responded to government enforcement actions, both domestic and international.
o Who are the key regulatory players in crypto‐currency enforcement actions
o How law enforcement and regulatory actions are shaping the digital currency and other
o Predictions on the future direction of enforcement actions
This session will share the theory and cases about big data analytics and forecasting in the financial industry such as banking, credit card, and insurance. The current analytical methods of big data will be introduced as well.
Ontology is a new high-performance public blockchain project & a distributed trust collaboration platform.
Ontology provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems.
Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups.
Ontology will constantly provide common modules on the underlying infrastructure for different kinds of distributed scenarios, such as those for the distributed digital identity framework, distributed data exchange protocol, and so on. Based on specific scenario requirements, Ontology will continue to develop new common modules.
This session discusses how enterprises and entrepreneurs can seamlessly create value additive data marketplaces, using both private and public blockchains. This architectural conception simplifies, secures, and effectively democratizes the practice of API monetization.
Kadena is an end to end blockchain stack, offering both a high performance private chain (ScalableBFT), and a secure and scalable public chain (Chainweb); as well as an interoperable, non-turing complete, formally verifiable smart contract language, Pact.
Kadena's founders are Stuart Popejoy and Will Martino; Stuart was the leader of the JP Morgan's Blockchain Emerging Technologies group, building trading systems for 15 years, and the language that JP Morgan traders still use today in execution. Will lead engineering of JPM’s Juno private blockchain, now used by Oracle Labs, and was the founding tech of the SEC's Cryptocurrency Steering Committee.
One of the areas of particular interest is the field of medicine, with the use of blockchain technology. The real use case of blockchain is constantly presented in the field of personal health records, inter-hospital information exchange, clinical research, drug distribution, etc. In this presentation, we will focus on how blockchain is currently applied to individual health records and how MediBloc uses this to build the best medical platform.
Digital innovation using artificial intelligence is now a new innovation for many companies. We will look at how emerging technologies as artificial intelligence, machine learning and deep learning can help innovations and look at examples of applications that can be used in the financial industry for risk (fraud) detection. In addition, the presenter will present a technology guide that can help digital innovations by making it easier to utilize machine learning in various financial fields.
What is the basement of the future economic equality and sustainability? Symbiotic networks.
The Symbiotic Network is our long-term investment in the future of intelligent ecosystems. It unites the strongest tech startups, companies, and key individuals aligned under a shared vision, creating dynamic positive feedback loops between all participants of the network as a whole.
• The modern economy is global and vertical, the future economy will be decentralized, synergetic and horizontally equalized as a global symbiotic network.
• Symbiotic networkers - brand new type of company or institution - will change the traditional relations between companies, governments, individuals, employees
‘Sharing economy’ is a mind trick: we seem to be sharing a lot but big corporates benefiting the most. At Centrality, we want to create a different kind of sharing economy: social, privacy — oriented one. We will be demonstrating out platform, showcasing the practical applications of the blockchain eco-system.
Over the past several years, the development of FinTech and InsurTech industry has been accelerated worldwide, and there are also start-ups with good technology and ideas in Korea. In this session, we will explore global InsurTech trends and the current status of Korean FinTech industry as well as the impact that Fintech will bring to the insurance industry.