Blockchain and its potential in the financial sector

Blockchain and its potential in the financial sector

A proud member of

About me

Anson ZeallCEO & 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/ansonzeallangel.co/anson-zeall

twitter.com/ansonzeall

angel.co/coinpip | [email protected]

http://linkedin.com/in/ansonzeall

https://angel.co/anson-zeall

https://twitter.com/ansonzeall

About ACCESS

● 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


What is blockchain?


(not really accurate)

“A blockchain is a public ledger of all [Bitcoin] transactions that have ever been executed.” - Investopedia

http://www.investopedia.com/terms/b/bitcoin.asp



WHAT IF...


Transfer made WITHOUT a financial incentive



Endless innovation possibilities in both the financial and non-financial spaces

Status of blockchain in the financial

sector


Why?


Capital markets are open for disruptive

innovation


http://techcrunch.com/2015/06/14/will-bitcoin-finally-bring-down-the-house-of-medici/

Fall of double entry accounting?


Make way for Smart Contracts?

What about AML/CFT?


Central Banks

Global Permission-based Fiat-denominated Blockchain

Financial Institutions

DBS only sees a subset of what MAS sees.

Banks can see transactions related to their banks and

stakeholders

HOWEVER...


X Blockchain CANNOT survive without movement of X


Get your hands dirty and start TESTING

ideas on the bitcoin and ripple

blockchains NOW


Anson ZeallCEO & Co-Founder

linkedin.com/in/ansonzeallangel.co/anson-zeall

twitter.com/ansonzeall

[email protected]


http://linkedin.com/in/ansonzeall

https://angel.co/anson-zeall

https://twitter.com/ansonzeall

Economy & Finance

Blockchain and its potential in the financial sector