Pycap CEO gave a presentation about how Blockchain technology makes cryptocurrencies possible, the history and potential future trends of initial coin offerings, utility tokens, security tokens and regulations at the Blockchain Summit.

The Blockchain Summit 2018 brought together a diverse range of experts who discussed all the opportunities, challenges and exciting possibilities in innovation and disruption that can be leveraged in Toronto using this technology.

National banks and regulators, exchanges and investment banks across the world are taking seriously the financial innovation of distributed ledger or block chain technology. The block chain, aka Trust Machine underpins “crypto currencies” such as Bitcoin; but it goes beyond digital money. It provides a shared, trusted, public ledger that everyone can inspect, but no single user controls. It is at the cusp of revolutionising international money transfers, trade finance, syndicated lending and collateral management, among other applications. As it allows for almost instantaneous payments and settlement, the potential impact on the role of traders, quants and other financial technologists cannot be underestimated.

The event featured an inspiring day of talks and workshops by professional speakers focused on Blockchain technology and Innovation.

This conference brought together Block Chain technologists in the finance sector, regulators, industry commentators, computer science researchers and others involved in financial innovation; these experts explore some of the technology and the many applications of Block chain in Financial Services.