Invited speech at Blackrock, 2018.

1. FinTech and Innovation
Trinh Anh Tuan
Head of Corvinus Fintech Center
Blackrock Conference
Budapest, February 7 2018

2. „Over 40% of Americans check their phone
within 5 minutes of waking up”

3. Challenger „Banks”

4. Standing on the shoulders of giants

5. And the list goes on…
....

6. 2018
The year of financial regulations and licenses

7. Functions of Financial Services
Investment
Management
Deposits
and
Lending
Capital
Raising
Payments
Insurance
Market
Provisioning

8. Innovations #1
Payments
Mobile
Integrated
Streamlined
Cryptocurrencies
P2P FX

9. Innovations #2
Deposits and Lending
Third-Party API
BaaS
P2P Lending

10. Innovations #3
Capital Raising
Virtual
Exchanges
Smart contracts
Crowdfunding

11. Innovations #4
Investment Management
Process
Externalisation
Social Trading
High Frequency
Trading
Robo-advisors

12. Innovations #5
Insurance
P2P Insurance
Disaggregation
Connected
Insurance

13. Innovations #6
Market Provisioning
AI/ML/Big Data
Social
Settlement
Automated Data
Collection &
Analysis
Market
Information
Platforms

14. Future Financial
Infrastructures

15. (R)Evolution?

17. Distributed ledger

18. • Concensus from the majority of the
network
• “Bitcoin mining”

19. Distributed ledger
Crypto-currency
Value-registry
Value-ecosystem
Value-web

20. Blockchain Phone

21. Blockchain Phone
• Sirin operating system
• Crypto wallets
• Securing exchange access
• Behavioral-based instrusion prevention system
• Physical security switch
• Blockchain-based tamper proof
„A mobile phone that fully
secure and safe enough to
hold cryptographic coins”

22. Blockchain Phone

24. “Blockchain will do for transactions what the
Internet did for information”

28. Source:
www.ionology.com

31. Spirits of Innovation