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EVENT DETAILS |
Cryptic is Digital Exchange Innovation's informational platform for FinTech & Cryptocurrency.
About this Event
The global financial system moves trillions of dollars a day & serves billions of people, however the system is rife with problems, such as long transactional times & high transactional fees, as a result of redundant & onerous paperwork. These inefficiencies in the financial system have opened up opportunities for fraud & crime. 45% of financial intermediaries, such as payment networks, stock exchanges, & money transfer services, suffer from economic crime every year; the number is 37% for the entire economy, & only 20% & 27% for the professional services & technology sectors, respectively.
The Bitcoin Blockchain & other cryptocurrencies along with their technologies, were developed to overcome the inefficiencies of traditional financial markets. Given the promises of such a disruptive technology, many firms in the financial industry, from banks to insurers, audit & professional service firms, are investing in blockchain solutions. What is driving this deluge of money & interest? Most firms cite opportunities to reduce friction & costs. Finance Disrupted will bring together a diverse range of experts who will discuss all the opportunities, challenges & exciting possibilities in innovation & disruption that can be leveraged using cryptocurrency & blockchain technology to advance the three dimensions of sustainable development - economic, social & environmental.
6:00 Opening Remarks - Rise New York
6:15 Unmoney: Cultural Forecast Report
6:30 Alternative Applications of Blockchain
7:00 Millennials & Gen Z: The New Value of Money
7:30 United Nations: Blockchain & Cryptocurrency Potential
8:00 Smart Contracts: Real World Applications
8:30 AI Product Showcase: Cyphr | PRSM | Pouch
8:45 Closing Remarks | Networking & Drinks
About Rise New York
Rise New York is a global community of startups & corporates creating the future of commerce & fintech by helping startups & entrepreneurs connect, co-create, & scale innovation. Created by Barclays, we listen, nurture & oxygenate through our international network of Rise hubs. Rise New York also houses a world-class event space & is home to the New York cohort of the Barclays Accelerator, powered by Techstars.
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