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NCFA Blockchain Fintech CONFIDENTIAL (Vol 1, Issue 1)

The National Crowdfunding & Fintech Association of Canada (NCFA) and exclusive Title Partner of the 4th VanFUNDING conference held in downtown Vancouver Nov 29-30, 2018, TODA Network, are proud to present select content in an inaugural pop-up digital magazine format. This year’s theme, CONVERGE, immerses participants and builds bridges across the most disruptive emerging technologies, capital market innovations and key stakeholders that are powering new global markets, new decentralized models, new forms of computer intelligence, new IP, new infrastructure and new alternative investment opportunities toward the vision of a Web 3.0. The world is undergoing unprecedented change that is already affecting our daily lives — how we interact with financial services, generate digital wealth, invest, evaluate, consume, vote, store, transfer, and purchase anything of value. Blockchain’s momentum is not slowing down anytime soon and its capabilities for revolutionizing the financial industry go beyond merely eliminating the “middleman” to harnessing the power to improve fraud detection, transparency and trust, and enhance financial management, change the nature of money and encourage financial inclusivity. The potential is limitless. While blockchain technology has shown immense potential to push us closer towards a utopian financial world, the global penetration of [this technology] is less than 0.2 per cent. While individuals should remain cautious about fraudulent businesses that have arisen from people looking to cash in on the hype, the next wave of blockchain adoption and utilization will be like a tsunami, [where] you can partake in what's yet to be the most disruptive technology in human history or ignore it and get disrupted. We’d like to thank all the partners, speakers, attendees, volunteers and the entire organizing team for coming together to make VF2018 an incredible experience. Congratulations to Symend, Very Good Butchers and MOCA Estimator and for winning the pitching competition. We wish you all great success! The commercialization of emerging technologies is a journey, not a sprint. With this in mind, we encourage you to converge with us in volume 1, issue 1 of ‘Blockchain Fintech CONFIDENTIAL’ and step inside the future of blockchain, fintech, AI and alternative investing.

The National Crowdfunding & Fintech Association of Canada (NCFA) and exclusive Title Partner of the 4th VanFUNDING conference held in downtown Vancouver Nov 29-30, 2018, TODA Network, are proud to present select content in an inaugural pop-up digital magazine format.

This year’s theme, CONVERGE, immerses participants and builds bridges across the most disruptive emerging technologies, capital market innovations and key stakeholders that are powering new global markets, new decentralized models, new forms of computer intelligence, new IP, new infrastructure and new alternative investment opportunities toward the vision of a Web 3.0.

The world is undergoing unprecedented change that is already affecting our daily lives — how we interact with financial services, generate digital wealth, invest, evaluate, consume, vote, store, transfer, and purchase anything of value.

Blockchain’s momentum is not slowing down anytime soon and its capabilities for revolutionizing the financial industry go beyond merely eliminating the “middleman” to harnessing the power to improve fraud detection, transparency and trust, and enhance financial management, change the nature of money and encourage financial inclusivity. The potential is limitless.

While blockchain technology has shown immense potential to push us closer towards a utopian financial world, the global penetration of [this technology] is less than 0.2 per cent. While individuals should remain cautious about fraudulent businesses that have arisen from people looking to cash in on the hype, the next wave of blockchain adoption and utilization will be like a tsunami, [where] you can partake in what's yet to be the most disruptive technology in human history or ignore it and get disrupted.

We’d like to thank all the partners, speakers, attendees, volunteers and the entire organizing team for coming together to make VF2018 an incredible experience. Congratulations to Symend, Very Good Butchers and MOCA Estimator and for winning the pitching competition. We wish you all great success!

The commercialization of emerging technologies is a journey, not a sprint. With this in mind, we encourage you to converge with us in volume 1, issue 1 of ‘Blockchain Fintech CONFIDENTIAL’ and step inside the future of blockchain, fintech, AI and alternative investing.

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For scalability, we need to build a network<br />

of developers, hackers and programmers<br />

who can work on improving the system and<br />

creating a user-friendly product.<br />

For usability, we need to educate the private<br />

and public sector as well as individuals to<br />

create an efficient network of fluent blockchain<br />

users.<br />

It is about developing a blockchain community<br />

for the future secure use and application of<br />

the technology exploring its possibilities in<br />

cross-border trade and finance transactions.<br />

Yet, nothing will happen without regulatory<br />

acceptance and approval of the technology.<br />

It is crucial to work with the regulators to set a<br />

transparent framework.<br />

Which region has the most potential?<br />

Asian countries prioritize blockchain adoption<br />

with China being at the forefront. Japan, South<br />

Korea, and Singapore view the technology<br />

as one of the most important components<br />

in future development and have already<br />

taken steps towards a legal and regulatory<br />

framework. Asian Pacific region excels in<br />

active pursuit of blockchain related projects<br />

easily superseding the US and Europe in the<br />

near future.<br />

It is much easier to create and envision yet<br />

much more difficult to make a dream to<br />

become a reality. That takes time and effort.<br />

Rome wasn’t built in one day. Patience is a<br />

virtue. <strong>Blockchain</strong> is a new technology and<br />

still, a lot needs to be done. We are all in a<br />

process of learning about it, the users and the<br />

developers. Yet, global adoption is at our door<br />

and the best way to progress is to follow Asian<br />

examples and courageously dive-in to make<br />

a sustainable progress for the blockchain<br />

“wave” to become a “tsunami”.<br />

Anna Niemira<br />

Managing Director<br />

BGX Capital Corp<br />

47

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