1) KBC Bank has several blockchain projects in development focused on trade finance, payments, credits, insurance, and securities to make processes more efficient rather than just adding technology. 2) One project established a consortium of 9 European banks on a trade finance platform to benefit members and clients. 3) Other projects look at using blockchain for document authenticity, loan information, and expanding participation in networks.

1. Koen Vingerhoets – @IthronKoen on

2. 2
Blockchain is not a loose cannon
Some things are often forgotten in the blockchain space… but as bank, we can not afford to do so.
Three words are needed to scale
Liability
GovernanceRegulations

3. 3
Private permissioned ledgers
Trusted financial institutions create a secure environment on the infrastructure that already holds your money.
Public
Private
BTC 1984
? KBC
Permissionless Permissioned

4. 4
Our blockchain projects
Our approach is to develop useful and needed blockchain capabilities for the day after tomorrow.
We’re working on projects in…
• KBC Trade Finance
• KBC Bank – Payments
• KBC Bank – Credits
• KBC Insurance
• KBC Securities
• KBC Corporate Banking
• R3 CEV
• B-Hive.eu
• Belgium (with other financial actors)
…

5. Focus on making things better, not just adding stuff.

6. KBC Trade Finance| we.trade

7. Internal
7
Our History
Blockchain brought us together
in 2017
• Built a consortium out of 9 banks
across Europe
• Designed a solution benefiting our
members and our clients
• Established a Joint Venture
around a cutting-edge technology
• Developed a concept to allow
other banks to participate
• Put in place an effective
governance

8. KBC Insurance | Document Authenticity

9. Every digital asset
deserves a hash
on a blockchain.
BHAG : Big Hairy Audacious Goal

10. KBC Bank – Credits | Car Loans

11. Expand the network!

12. 12
Belgian Blockchain Institute?
As soon as a node runs more than one solution, there will be interference.
An open question
How to govern
an infrastructure
with blockchains?
- Updates on nodes across companies/projects?
- Onboarding of new partners on nodes?
- Code validation?
- …?

13. Koen.Vingerhoets@kbc.be
Twitter : @IthronKoen