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.
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
FEATURED<br />
Alibaba has unbeatable infrastructure and is neck in neck with Amazon in financial<br />
services, cloud, payments, food and e-commerce. But Alibaba surpasses in<br />
browsing, lifestyle, SME lending, public apps & its awesome integrated PRC<br />
apps which it is simply inserting into Paytm.<br />
Amazon is creating a world class ‘farm to<br />
market’ infrastructure which is a blueprint<br />
for 100 countries. The world has never seen<br />
such a thing. Walmart comes in third. And the<br />
incumbents Commonwealth banks like HSBC<br />
and Stan C are rapidly being left in the dust.<br />
(India is one of Stan C’s biggest market by<br />
revenue). These two banks will not BECOME the<br />
pipes for financial services – THEY ALREADY<br />
ARE. Firms like Bank of Baroda and Yes Bank<br />
got onboard with Amazon and Alibaba. HSBC<br />
and Stan C should have done the same – is it<br />
too late? Bank regulators prevent two things:<br />
collaboration and open systems. Without these<br />
two vital links, regulated banking entities can<br />
not be transformed. We can blame the board<br />
of directors of these two banks, but is the fault<br />
with the bank regulators?<br />
Amazon: stealth-like buildout of financial<br />
infrastructure in India in 18 months – food,<br />
finance, fun, film, FX, Cloud and more.<br />
There is one word for competition in the Indian<br />
online space: fierce. Amazon is pushing the<br />
envelope into uncharted waters faster than<br />
anyone. The online world is growing at 23%<br />
CAGR and 98% of India is offline.<br />
The extent of Amazon’s penetration<br />
into all parts of Indian life: it is truly<br />
a life style company… and a bank,<br />
insurance company, entertainment<br />
firm, publishing house and an<br />
agricultural conglomerate.<br />
In a short period of time, Amazon can now<br />
challenge and beat Standard Chartered or<br />
HSBC in their Commonwealth backyard. AMZN<br />
is now far deeper and wider in the scope of<br />
products which it offers. It has Amazon Pay<br />
(wallet), Red Bus (transport), Faasos (food<br />
delivery), Niki (utilities), Book My Show (theater),<br />
Tone Tag (payments), Qwikcilver (gift cards),<br />
Emvantage (payments), Lending (corporate<br />
loans), Capital Float (SME loans), Prime (cards),<br />
Protect (insurance), Acko (insurance).<br />
Retail, entertainment, cloud, logistics: this is a<br />
company that can’t stop. Retail development:<br />
Future (hypermarkets), Easy Day (local<br />
stores), Ezone (electronics), Shoppers Stop<br />
(department store), More (supermarkets),<br />
Pantry (delivery), Prime Now (fresh produce).<br />
3
Change language