FCA Seminar: Blockchain To A Global Marketplace

Speaker: Richard Olsen, Lykke
UCL Contact: Yonita Carter (Visitors from outside UCL please email in advance).
Date/Time: 25 Nov 15, 16:00 - 17:00
Venue: Roberts106

Abstract

The blockchain technology will be used as a global low cost notary service. With the open asset protocol all financial assets will be securitized and traded as colored coins. There will exist a global marketplace, where any colored coin is traded with any other colored coin. The talk explains, how the new marketplace will develop and function and why the new marketplace become the foundation of a new banking architecture that resolve the shortcomings of the existing system. The talk concludes with a discussion of the academic research agenda in this exciting new field of research.