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Greatest blockchain use cases for the next decade

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Introduction to a discussion at Blockchain Economic Forum to find the most promising blockchain use cases for the future, including distributed fintech solutions that are integrated to many other digital services.

Published in: Economy & Finance
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Greatest blockchain use cases for the next decade

  1. 1. Grow VC Group ++ www.growvc.com ++ @growvc ++ Enabling Digital Finance ++ Copyrights © Grow VC Group 2018 Greatest Blockchain Use Cases for the Next Decade San Francisco, June 18, 2018 Jouko Ahvenainen
  2. 2. FinTech, Data & Finance Services Digital Infra & Consulting Exits Grow VC Group Worldwide pioneer and leading holding company in enabling technology and data in FinTech Hong Kong - London - New York - San Francisco Crowdfunding
  3. 3. We work with industry leaders
  4. 4. Observation #1 Technology enables disruption, but new business models implement it
  5. 5. 1849 gold rush made only few gold miners rich, but it was mainly shovel sellers and service providers that made a fortune Observation #2
  6. 6. ▪ Real time onboarding, data-driven decisioning and unprecedented data points; e.g. totally new loan and debt market ▪ If central ownership of data is no longer a requirement – is the fundamental fabric of the Internet changing ▪ PSD2 is more important for data than for the platform business Data to decide risk, manage risks and price
  7. 7. 1. Many independent cryptocurrencies, ICOs and technical solutions ■ Companies and projects issue their own tokens often based on unclear underlining assets and services ■ Even if technically possible to exchange to other digital assets, exchange rates and values hard to evaluate 2. Not linked to fundamental regulatory requirements, e.g. KYC and AML ■ It is hard to believe regulators would allow anonymous users and transactions 3. So far no models to link to the bigger financial ecosystem to underwrite, syndicate and trade ■ Each service targets to have its own assets and investors, when different cooperation models in the traditional finance sector are the key to success 4. No common models to get and use data to value, monitor and rate assets ■ A slide show or white paper is not enough to analyze any asset and especially follow, how its value develops 5. No independent 3rd parties to analyze, rate and value assets ■ Common models, practices and independent evaluations are an important part of the system to value assets and keep the market stable; now ICOs or crypto funds can even manipulate the market The market is still in early phase
  8. 8. My Apartment: Current ownership 60% Rent to investors $700 Maintenance $150 Increase or decrease your ownership 0% 50% 100% 10% decrease compensation: $49,000 Rent increase monthly: $160 Start Loan Application Checkout 1. Take a photo 2. Upload your ID 3. Fill Application 4. Information Check 5. Decision in 30 seconds Integrated Distributed Finance (Examples) E-Commerce Real Estate PoS Lending
  9. 9. Distributed Models change Finance and Internet
  10. 10. Case: Prifina – Distributed data empowers customers
  11. 11. Case: Prifina – Consumers use & benefit from their own data
  12. 12. Read more at my columns and blogs Email: jouko@growvc.com +44 7889 833 165 (UK), +1 646 363 6664 (US) Twitter: @jahven, LinkedIn: /joukoahvenainen Jouko Ahvenainen Founder & Chairman, Grow VC Group
  13. 13. ENABLING DIGITAL FINANCE www.growvc.com THANK YOU!

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