The Explosive Impact of Blockchain Technology

The Explosive Impact of Blockchain Technology

2 June, 09:45–11:00

The world is going through a major transformation, with deep changes affecting nearly all spheres of life. Entire industries are being restructured on account of blockchain – a new technology that is influencing the global financial system and bringing us to the verge of a new economic reality. The key question for the near future is how ready financial institutions are to become technological companies and what potential underlying problems are associated with blockchain. How is this technology implemented in global practice today? What are the prospects for this new technology in the Russian B2B and B2G sectors? How will financial institutions be transformed in the new reality?

https://youtu.be/vWqlEAUaKPU


















Broadcast

Key moments

We need to modify the regulatory environment to create opportunities for the introduction of technologies.
Nikolay Nikiforov
Minister of Connection and Mass Communications of the Russian Federation
All regulators have concluded that a national virtual currency needs to be created – it’s the future.
Olga Skorobogatova
Deputy Governor, Central Bank of the Russian Federation
Russia’s key objective is to ensure leadership in the use of digital technologies.
Igor Shuvalov
First Deputy Prime Minister of the Russian Federation
We are seeing a change in the development vector of technologies and a shift in the paradigm from centralized to decentralized management.
Aleksandr Ivanov
Chief Executive Officer, Waves Platform
Blockchain moves us away from bank products we have today to three courses of utility: a value store, an ability to pay and move money and ability to access credit.
Brett King
Founder, Chief Executive Officer, Movencorp Inc.
The blockchain is a springboard for creating new business model, not just for optimizing current model.
Kyriakos Kokkinos
Executive Director, Partner, IBM Europe; Member of the Board of Directors, Cyprus Investment Promotion Agency
With regards to digital transformation in Russia, there are 3 objectives: identifying people, tracking goods, and protecting property rights.
Igor Shuvalov
First Deputy Prime Minister of the Russian Federation
Transition of blockchain in banking requires regulators to build artificial intelligence.
Brett King
Founder, Chief Executive Officer, Movencorp Inc.