2. #BBLFsession
1. 'The technology will enable peers to establish
identity that is verifiable, robust, and
cryptographically secure and to establish trust
when trust is needed'
3. #BBLFsession
2. ‘The Blockchain can do for the movement of
value what the standard shipping container did
for the movement of goods: dramatically lower
cost, improve speed, reduce friction, and boost
economic growth and prosperity'
4. #BBLFsession
3. ‘Individuals need not rely on banks as the
primary stores of value or as providers of
savings and checking accounts, and institutions
will have a more efficient mechanism to buy and
hold risk free financial assets'
5. #BBLFsession
4. ‘On the Blockchain anyone will be able to
issue, trade, and settle traditional debt
instruments directly, thereby reducing friction
and risk by increasing speed and transparency'
6. #BBLFsession
5. 'Blockchain cuts settlement times on all
transactions from days and weeks to minutes
and seconds. This speed and efficiency creates
opportunities for unbanked and under banked
people to participate in wealth creation'
7. #BBLFsession
6. 'Raising money normally requires intermediaries -
investment bankers, venture capitalists, and lawyers to
name a few. The Blockchain automates many of these
functions, enables new models for peer to peer financing
and could also make recording dividends and paying
coupons more efficient, transparent and secure'
8. #BBLFsession
7. 'Blockchain supports decentralised models for
insurance, making the use of derivatives for risk
management far more transparent. Using
reputational systems based on a person's social and
economic capital, their actions and other reputational
attributes , insurers will have a much clearer picture of the
actuarial risk and can make more informed decisions.'
9. #BBLFsession
8. 'New accounting methods using blockchain's
distributed ledger will make audit and financial
reporting transparent and occur in real time'
10. #BBLFsession
1. 'The technology will enable peers to establish identity that is verifiable, robust,and cryptographically secure and to establish trust
when trust is needed'
2. ‘The Blockchain can do for the movement of value what the standard shipping container did for the movement of goods:
dramatically lower cost, improve speed, reduce friction, and boost economic growth and prosperity'
3. ‘Individuals need not rely on banks as the primary stores of value or as providers of savings and checking accounts, and
institutions will have a more efficient mechanism to buy and hold risk free financial assets'
4. ‘In the Blockchain anyone will be able to issue, trade, and settle traditional debt instruments directly, thereby reducing friction
and risk by increasing speed and transparency'
5. 'Blockchain cuts settlement times on all transactions from days and weeks to minutes and seconds. This speed and efficiency
creates opportunities for unbanked and under banked people to participate in wealth creation'
6. 'Raising money normally requires intermediaries -investment bankers, venture capitalists, and lawyers to name a few. The
Blockchain automates many of these functions, enables new models for peer to peer financing and could also make recording
dividends and paying coupons more efficient, transparent and secure'
7. 'Blockchain supports decentralised models for insurance, making the use of derivatives for risk
management far more transparent. Using reputational systems based on a person's social and economic
capital, their actions and other reputational attributes , insurers will have a much clearer picture of the
actuarial risk and can make more informed decisions.'
8. 'New accounting methods using blockchain's distributed ledger will make audit and financial reporting
transparent and occur in real time'