This presentation by Crypto Valley, one of the World's leading blockchain and cryptographic technology ecosystems took place at the Workshop on Digital Financial Assets at the OECD in Paris on 16 May 2018. Find out more at http://www.oecd.org/finance/2018-workshop-digital-financial-assets.htm

1. www.cryptovalley.swiss/codeofconduct

3. Code Design Principles
• Brief… and in plain English
• Avoids specific taxonomy; recognition of rate of evolution – ERC721
• Not specific to Switzerland – avoid jurisdictional arbitrage
• Industry agnostic
• Association members will be bound by it
• Recognition of the ambitions / ethos of the community
• Significant member input – 4 months to publish
• Association Values and General Conduct of Members
• Setting up and operating a Decentralized Ecosystem
• Raising funds

4. Section 4: DE Code Framework
A. Information
B. Risks Assessment and Disclosure
C. Contribution and Distribution
1. Pre-Blockchain Deployment Contribution
2. Blockchain Deployment and Distribution
3. Minimum Contribution Disclosure
D. Records Management
E. Suitability
F. Independent Verification
G. Breaches and Disciplinary Action

5. Feedback
• 12,500 website visits since January
• Very positive feedback
• Ethical ecosystem participants welcomed attempt to distance from scams
• Not why members joined
• Membership value associated with other benefits
• Investors see some value but ask how it is enforced
• Nobody has openly copied the Code of Conduct yet

6. Evolving the Code
• Traditional Thinking
• Top-down design and enforcement
• Pay to be certified / compliant
• Organizations trying to commercialize ratings / accreditation
• ISO 8000 compliance - Data Quality and Enterprise Master Data
• Self Regulatory Organizations
• Future Thinking
• Bottom-up creation and maintenance: community-created rules
• Injection of compliance into smart contracts
• Use of governance technologies
• Open, community-authored standards

7. For consideration
• Implementation
• Local enforcement with global consistency
• Mimics existing assets / markets
• Art, wine, other collectibles
• Intermediaries are fine
• Until they become too powerful
• It’s not just start-ups
• Tokenization needs auditors
• Achieve investor protection without prohibiting inclusion
• Individuals benefit from community value creation
• The bigger picture
• Artificial Intelligence