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The Blockchain is Coming to Banking

Agenda Program
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Místo
Praha, hotel NH Prague
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Cena
N/A
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Lektor
N/A
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Jazyk
Angličtina
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Hodnocení
N/A
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Attend this intensive 2-day training and learn how:

Blockchain was born
Central counterparty clearing differs from non-central counterparty clearing
Interbank and Intrabank Blockchain use-cases differ
Current global leading Blockchain-projects evolve
Blockchain partially fulfils a higher security standard
Privacy issues surround Blockchain and why regulators are ambivalent about it
Blockchain has evolved and will further evolve beyond financial services
Your bank can benefit from Blockchain and build a winning Blockchain strategy
Course Description:
This intensive 2 day training program prepares participants for the ongoing paradigmatic change in banking: The rise of the Blockchain technology. On the first day we examine the concept of Blockchain and explore the most important international banking projects related to this new phenomenon. Through understanding the bigger picture - FinTech revolution, the rise of ICT in banking - we address security concerns. On the second day we begin by a detailed analysis of privacy issues related to the distributed ledger. We continue by looking at cross-industry use-cases and arrive to the key question: how to make Blockchain useful in your bank? We answer this key question from several aspects: Timing, Lobbying, Clientele, Tactics, Strategies and more.

What is the goal of this training?
The goal of the training is to make sure that your bank understands Bockchain and can act with the right confidence and market-timing. It is very important to avoid shiny, popular, but meaningless buzzes - there are many related to Blockchain - yet, it is beneficial to see how - gradually - this technology will really shift the paradigms of databases, clearing, ledgers and beyond.

Who should attend?
  • IT Experts, Cyber Security Experts
  • Digital Banking, Digital Channel Experts
  • Payments and Cards Experts
  • Legal Experts, Compliance Experts
  • Innovations Experts, Technology Experts
Methodology:
This training consists of classroom based teaching combined with interactive group exercises, as well as the introduction of specific case studies.

Program semináře: The Blockchain is Coming to Banking

Seminář probíhá podle středoevropského času (CET).

09.00 - 09.30 Welcome, Introduction and Warmup

09.30 - 10.45 The Concept of Blockchain

  • Bitcoin: What is Bitcoin and how was Blockchain born? How does 'mining' work?
  • Blockchain in IT: Metcalf's Law and Moore's Law.
  • Clearing and Accounting: The 'Distributed Ledger'.
  • Central Counterparty Clearing: The current concept.
  • Non Central Counterparty Clearing: The future solution.
  • Intrabank-Blockchain: The end of EXCEL? Smart Contracts?
  • Interbank-Blockchain: The future of SWIFT. The story of Smart Asset Grid.

11.00 - 12.00 Current Blockchain Projects

  • R3 Alliance: The new global interbank clearing system?
  • Ripple Labs: Are all financial assets equal? Money vs Securities.
  • Blythe Masters: Financial innovation at its best? Next step?
  • Swiss Efforts: The Swiss Blockchain cluster. Key elements.
  • Hyperledger by IBM and Linux Foundation; cross-industry protocols.
  • Central Banks: Which central banks and why do tap into this?
  • Group Exercise: Which Is Faster - New or Old Clearing

12.00 - 13.00 Lunch

13.00 - 14.45 The Bigger Picture

  • ICT is GPT: Why Info-Communication is General Purpose Tech?
  • The Presence of Digital Currencies: BitCoin, Ethereum and beyond.
  • The Future of Digital Currencies: Monetary history projected.
  • How 'crypto' Works: Coins and Technologies, ICO, ABC.
  • Banking Innovation Strategies: 3 Types of Innovation; Ambidextrous Organization; TRIZ.
  • Understanding the FinTech Revolution: 30 Areas, 15 000 startups.
  • Group Exercise: Evaluating and Categorizing Blockchain Startups

15.00 - 17.00 Security versus Blockchain

  • Security in the Old System: Recent Famous Breaches.
  • Security Advantages of Blockchain: Process integrity and beyond.
  • Security Disadvantages of Blockchain: New Cyber security concerns.
  • BitCoin Security: The nature of breaches, recent cases.
  • Blockchain Security Breaches: Strength, Positive Conclusion.
  • Private Keys, Tokenization, Two Factor Authentication: Protecting the Wallet.
  • Group Exercise: The Security Debate

Day Two: FROM PRIVACY TO ADOPTION

09.00 - 09.30 Refreshing Day One and Warmup

09.30 - 10.45 Privacy versus Blockchain

  • Private vs Public vs Permissioned: The three key types of Blockchain.
  • AML, KYC, CTF: Is Blockchain compliant as of now? When will it be?
  • Privacy: Zero Knowledge Proof, consensual validation, fault tolerance, pseudonymity.
  • Real Time Data for Regulators: Blessing or Curse? Cross-border regulatory patchwork.
  • The Deep Web: What it is? How to access? Dangers and advantages.
  • Regulatory Status vs Cultural Adoption: How countries react?
  • Group Exercise: Watching and discussing two key Blockchain-related videos

11.00 - 12.00 Blockchain Beyond Banking

  • Trade: Supply chain management. Real Estate: Registry in practice.
  • FMCG: Wal-Mart, Relationship between Brands and Customers.
  • Insurance, P2P Economy: Financial services beyond banking.
  • Governments: Records, Identity, Voting, Taxes, Legislation, E-Gov, Notary.
  • Cross-Industry Blockchain: Trade-Finance, Derivatives, Securities-Clearing, Syndicated Loans.
  • Emerging Payments beyond the Blockchain: Card Emulation, Super-Wallets, VR Pay.
  • Group Exercise: Blockchain use-case-hierarchy

12.00 - 13.00 Lunch

13.00 - 14.45 What Your Bank Shall Do About Blockchain?

  • The Time Scale: 1 Year Events, 3 Year Implications, 5 to 10 Year Shifts
  • Lobbying: What to tell colleagues, bosses, shareholders and regulators?
  • The Red Queen Effect: What happens if your bank gets Blockchain right?
  • Millennials: Do new clients accept new technologies better? Why?
  • GAFA: Why are US tech giants cautious about Blockchain?
  • Tactics and Strategies for Your Bank: Association to International Labs, Participation in alliances, Bank-agnostic Blockchain projects, Awards, Prizes, Competitions, Hackathons, Venture Capital and beyond.
  • The 4Ps of Digital Product Development: Pretotyping, Prototyping, Piloting, PoC.

15.00 - 17.00 Summary

  • Concepts
  • Tools
  • Trends
  • 'To-Do's
  • Resources

Evaluation and Termination of the Seminar

Katalog seminářů v PDF
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