Retrospective - Blockchain for Wall Street 2017
Distributed Ledger Directions and Realities for the Financial Markets ...
Overview of the Day
During the morning of 2017 Blockchain for Wall Street, blockchain pilot experiences were featured and analyzed, along with a dive into blockchain technology deployment and integration. Issues related to the security and legal underpinning of smart contracts was also addressed. In the afternoon, the legalities and investment outlook of cryptoassets was considered, along with CFO-oriented accounting issues. A number of blockchain innovators were also showcased.
In all, it was a very full day with some 300 professionals in attendance, a 40-person speaking faculty and demonstrations from companies involved in FX and crypto trading, digital asset management, and securing of IP.
Media and Blog Coverage
Blockchain Enters its Awkward Stage - Markets Media
OPINION: Smarting Contracts - Markets Media
Where is Blockchain Headed? Follow the Money - Chain Business Insights
Blockchain: An opportunity for accountants? Or a threat? - Journal of Accountancy
Global Debt Registry Demos Blockchain Proof-of-Concent - Crowdfund Insider
Wall Street Blockchain Conference: Notes and Insights - Jonathan Wood
About the Debut Event in 2016
The debut Blockchain for Wall Street education day was a resounding success. Click here to check out social media and press coverage, and to see the topics that were covered as well as speaker and sponsor participants.
WSBA: An Advocacy Group for Wall Street in the Distributed Ledger Age
Produced by Lighthouse Partners' The blockchain Conference, Blockchain for Wall Street was presented by the Wall Street Blockchain Alliance as an educational offering for its membership and as a service to the broader industry. The WSBA is a neutral, unbiased steward of education and cooperation between Wall Street firms with a membership that is comprised of some of the most influential and seasoned technologists in the blockchain and distributed ledger community.
Speakers and Participants
Learn From and Engage With Our Expert "Brains Trust" ...
Program Chair: Ron Quaranta
Chairman, Wall Street Blockchain Alliance
Ron Quaranta possesses over 25 years of experience in the financial services and technology industries. He currently serves as Chairman of the Wall Street Blockchain Alliance, a leading non-profit trade association promoting the education and adoption of blockchain technology across financial markets. Prior to this, Ron served as CEO of DerivaTrust Technologies, a pioneering software and communications provider of secure transaction and information platforms for financial market participants.
Program Co-Chair: Pete Harris
Principal, Lighthouse Partners
Pete Harris is Principal of Lighthouse Partners, a business accelerator for disruptive and transformative technologies. He is also Co-Founder and Research Principal at Chain Business Insights, a research/advisory firm focused on blockchain applications in the supply chain space.
Keynoter: Mark Smith
Co-Founder & CEO, Symbiont
Mark Smith is Co-Founder & CEO of Symbiont, a blockchain technology company based in New York City, developing products in smart contracts and distributed ledgers for use in financial markets.
Director, Blockchain & CryptoCurrency Strategy, Credit Suisse
Emmanuel Aidoo is a Director at Credit Suisse within the Global Markets Division where he leads the blockchain and distributed ledger practice.
Partner & Chair of Tax Group, Pepper Hamilton LLP
Joan Arnold is a partner with Pepper Hamilton LLP, resident in the Philadelphia office, where she is the chair of the Tax Practice Group, and focuses her practice on federal and international income tax. Ms. Arnold has more than 35 years of significant experience in domestic and cross border M&A, and corporate international tax counseling, including substantial tax experience in the private equity arena. She is a member of the firm's Executive Committee.
President & CEO, CPA.com
Erik Asgeirsson has more than 20 years of experience in leading technology organizations and driving business growth. Over the past ten years, Erik has driven CPA.com's focus on cloud computing and the transforming opportunities available to accounting firms and their business clients. He is also a founder of RIVIO, a private company financial information clearinghouse developed by CPA.com and Confirmation.com.
President, CG Blockchain
Bob Bonomo is President of CG Blockchain, a startup focused in the hedge fund Industry with a mandate to prevent fraud via real-time compliance monitoring. He was previously Deputy CIO for Alliance Bernstein LP, and CIO for Oppenheimer Funds. Bob chairs the WSBA's Technology & Product Working Group.
Blockchain Solution Architect, BlockchainDriven
Peter Boroykh is a renowned speaker on blockchain and its future possibilities, and has been covered in numerous publications such as Business Insdier, MSN, Future Trends, Yahoo Finance, Fortune, Inside Bitcoins and many other and he has spoken at conferences on blockchain and crypto markets across the world. He is a solutions architect at BlockchainDriven and author of the book Blockchain Applications in Finance.
CTO, Global Debt Registry
Robert Brown is the Chief Technology Officer at Global Debt Registry, a fintech company that provides asset certainty for institutional investors and warehouse lenders. He is leading GDR's blockchain initiative.
Author, Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond
Chris Burniske is the author of the upcoming book, Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond, and founding partner of a new firm in the cryptoasset ecosystem. While at ARK Investment Management, Chris helped ARK become the first public fund manager to invest in bitcoin, and in that process became the first buy-side analyst to focus exclusively on cryptoassets. Chris has contributed to the WSJ, NYT, Bloomberg, CNBC, USA Today, and other media outlets on topics relating to Bitcoin, Ethereum and more. He chairs the WSBA's Blockchain Assets Working Group.
Independent Consultant and Former COO & General Counsel, Monax Industries
Formerly Monax Industries' COO and General Counsel, Preston Byrne now advises law firms, corporate counsel and the public sector how to think about, talk about, and deal with issues pertaining to cryptocurrencies, blockchains and distributed network technologies.
Managing Consultant, Synechron
Tim leads the product design of Synechron’s blockchain projects working with business leads at some of the world’s largest banks to re-architect and re-imagine workflows. He is currently the Solution Lead for the R3 KYC and Digital Identity project known as LEIA2 working with 13 banks in 4 continents. The project seeks to propose a self-sovereign model enabling Corporates to have guaranteed control of the content and distribution of their own KYC profiles.
CEO & Co-Founder, NuArca
Todd Cooper is CEO of NuArca. He has more than 20 years of experience in the fintech industry delivering enterprise class solutions and cloud based services to the largest and most demanding tier 1 global financial services firms.
Digital Architect, Microsoft
Andrew Comas has 25 years’ experience in banking and capital markets including 10 years at JP Morgan Chase in various architecture & operational roles. For the past 7 years at Microsoft, Mr. Comas has been using his operational experience to help financial companies introduce new technologies to achieve business outcomes. Mr. Comas is also an advisor on Microsoft blockchain initiative.
Dr. Julio Faura
Head, R&D for Innovation Initiatives, Banco Santander
Julio heads R&D in the Innovation Division of Banco Santander, executing major innovation projects globally and leading new business incubation and venture creation efforts. He leads Santander's activities around blockchain, distributed ledgers and smart contracts, and founded Santander's crypto Lab.
Chris Ferris, IBM CTO Open Technology, Chair of the Hyperledger Technical Steering Committee
Chris Ferris is the CTO Open Technology at IBM as well as the Chair of the Hyperledger Technical Steering Committee. Chris has been involved in the architecture, design, and engineering of distributed systems for most of his 37+ year career in IT and has been actively engaged in open standards and open source development since 1999. He has technical responsibility for all of IBM's strategic open source and standards initiatives, including OpenStack, Cloud Foundry, Hyperledger, Open Container Initiative, Cloud Native Computing Foundation, Node.js and Docker.
Managing Partner & CEO, BlockTower Capital
Formerly with Goldman Sachs, Matthew Goetz is a Co-Founder of BlockTower Capital where he serves as Managing Partner & CEO. BlockTower is a leading cryptocurrency investment firm, bringing professional trading and portfolio management to an emerging digital asset class.
Co-Founder & CEO, Trail of Bits
Dan Guido is the Co-Founder and CEO of Trail of Bits, a high-end software security research firm that helps their clients reduce risk and fortify code. In 2017, Trail of Bits launched a practice to provide security audits and guidance for the blockchain community. Their tools, including the Manticore symbolic executor and Echidna testing framework, help developers create secure smart contracts.
Senior Associate, Morrisson & Foerster
Shiukay Hung is a senior associate in Morrison & Foerster LLP’s Tax Department and is a member of the firm’s Blockchain + Smart Contracts Group. He has a broad-based transaction-oriented practice
focused on U.S. federal and international income tax matters.
Co-Founder, President & COO, BlockApps
Kieren James-Lubin is the President, COO and Co-Founder at BlockApps, the leading blockchain platform and application provider. Previously a PhD Candidate in Mathematical Physics, Kieren engaged in research in statistical physics and machine learning before founding BlockApps.
Managing Principal, Capco
Benjamin Jessel is a Managing Principal at Capco, where he leads a variety of projects and programs across the domains of Digital, Risk and Compliance and Strategy for Financial Services clients. He is also a member of the leadership committee of Capco's Digital Practice - "Capco Digital" - which is re-inventing the future of finance through the use of digital technology.
Tom Jessop is the President of Chain, a provider of blockchain technology to leading financial organizations including Visa and Nasdaq. In this role, Tom is responsible for leading all facets of Chain’s commercial efforts. Prior to joining Chain, Tom was global head of Technology Business Development at Goldman Sachs where he led efforts to invest in and partner with early stage technology companies across several enterprise domains including blockchain, artificial intelligence and cybersecurity.
Associate, Morrison & Foerster
As a member of Morrison & Foerster’s Corporate Department, Daniel Kahan’s practice focuses on venture capital and private equity investments, strategic technology transactions, mergers and acquisitions, divestitures and spin-offs, public securities offerings, and corporate governance matters. Mr. Kahan is a member of Morrison & Foerster’s Blockchain + Smart Contracts Group, as well as the WSBA’s Legal Working Group and the Enterprise Ethereum Alliance’s Legal Industry Working Group.
Founder & CEO, BKCM LLC
Brian Kelly is CEO at BKCM LLC and is an investor, author, and financial markets commentator. He is an expert in global financial markets, macro-economics and digital currencies. Brian has over twenty years experience in financial markets and is the author of the book The Bitcoin Big Bang - How Alternative Currencies are About to Change the World. He is a CNBC contributor and can be seen regularly on Fast Money.
Joshua Ashley Klayman
Of Counsel, Finance + Projects Group, Morrison & Foerster
At Morrison & Foerster, Ms. Klayman is a Founding Member and Head of the firm's Blockchain + Smart Contracts Group, which provides a holistic, comprehensive approach to the emerging blockchain, smart contracts and distributed ledger space. She also chairs the WSBA's Legal Working Group.
SVP & Chief Technology Architect, State Street
At State Street, Moiz Kohari is responsible for enhancements to digital enterprise architecture, and the creation of the next generation digital enterprise that delivers on-demand secure computing capabilities, driven through machine learning paradigms and all pertinent fin-tech disruptive technologies. The Office of Architecture’s charter is to work closely with all business units and end user clients to provide for the most impactful information technology innovations. Until recently, Mr. Kohari served as EVP/Head of Global Technology Innovation for the London Stock Exchange Group - responsible for blockchain, cognitive computing and low-latency initiatives. Previous to joining the LSEG, Mr. Kohari served as CTO at Novell, responsible for cloud computing initiatives.
President, Global Fixed Income and Analytics, Broadridge Financial Solutions
Vijay Mayadas is President of Global Fixed Income and Analytics at Broadridge Financial Solutions. He joined the company in April 2013 as Head of Corporate Strategy where he was responsible for strategy, acquisitions, partnerships and other growth-related activities including leading Broadridge’s blockchain initiatives. Prior to joining Broadridge, Mr. Mayadas held a variety of roles including strategy consulting where he spent six years at The Boston Consulting Group, a global consulting firm, private equity, technology entrepreneurship where he co-founded and sold a software company, and fixed income trading software development. Vijay has a BA and MA in Physics from Oxford University, and an MBA from The Wharton School.
Associate Professor of Finance, University of Oregon
Professor McKeon holds a PhD in Finance and a Masters in Economics from Purdue University. His professional experience includes six years as the CFO of a Napa winery, and co-founder of Skyward, a drone software firm that was acquired by Verizon in 2017. His research focuses on cryptoassets, security issuance, and M&A, and has been published in top academic journals as well as media outlets such as the Wall Street Journal, NY Times, and Financial Times. He joined the University of Oregon finance faculty in 2011 where he teaches in the PhD, MBA and undergraduate programs.
CEO, Liquid M Capital LLC
Vincent Molinari is CEO of Liquid M Capital LLC (a FINRA Registered Broker Dealer), and its ATS, LiquidityM. Mr. Molinari was previously the CEO and Co-Founder of Gate Global Impact and is a founder of the Blockchain Commission. Mr. Molinari has nearly 3 decades of experience as a licensed person in the securities industry where he began his career at Lehman Brothers and later at Janney Montgomery Scott.
At Polsinelli, Jason Nagi focuses his practice on representing both traditional and non-traditional lenders and applies his finance-related, creditor-focused experience to the FinTech lender space. Jason also advises companies on regulatory issues with respect to ICOs and represents individuals and entities that are under investigation by the SEC in the FinTech space. Jason uses his prior regulatory and compliance experience to help shape the emerging regulatory framework applicable to FinTech companies.
David J. Namdar
Portfolio Manager, Galaxy Investment Partners
David Namdar is managing digital asset investments for Galaxy Investment Partners, formerly Novofam. He has a decade of international business and financial market experience, and has been involved with a wide range of businesses from startup to large corporations. He has investment expertise in private and public equities, derivatives and foreign currencies and in using fundamental and quantitative analysis to invest on a global basis. In addition, he has significant expertise in digital currency investments, blockchain technology, and the emerging decentralized economy. David is a founder of SolidX Partners, a startup aimed at institutionalizing digital assets as an alternative asset class. He previously was with Millennium Management and served as the head trader and technology analyst for an equity relative value portfolio team.
Dawn is a technology startup veteran with over twenty years of experience building teams at innovative companies leading to successful exits. She grew support operations leading to a multi-billion-dollar IPO at NetZero/United Online. Prior to NetZero, she managed technology teams at Microcom (acquired by Compaq), and InterAccess (acquired by Allegiance Telecom). She is currently the Co-Founder and COO of Netki, a blockchain solutions provider focused on digital identity and regulatory compliance.
VP, Assurance and Advisory Innovation, AICPA
Amy Pawlicki is VP – Assurance and Advisory Innovation for the Association of International Certified Professional Accountants. Ms. Pawlicki leads the efforts of the AICPA Assurance Services Executive Committee (ASEC), which is focused on providing thought leadership to identify and prioritize emerging trends and market needs for assurance and related services, and on the development of those services. ASEC works closely with the AICPA Auditing Standards Board to develop assurance services for emerging subject matter areas such as cybersecurity and sustainability, and to explore audit innovation through new techniques and approaches that leverage data analytics and technology.
CTO, OTC Exchange Network
As the Chief Technology Officer for OTCXN, Drew Rasmussen is responsible for the architecture and implementation of the company’s proprietary, ground-up blockchain fabric and P2P trading network. Previously, he was Director of Software Development at PeerNova, a Silicon Valley blockchain firm, where he led the development of proprietary blockchain implementations for major Tier-1 institutions such as NASDAQ, State Street and Overstock.com, whose T0 platform is currently the first and only non-cryptocurrency-based trading platform in production in the world based on blockchain technology.
Product Specialist, Digital Asset
Beth Sendra is a Product Specialist at Digital Asset, a New York headquartered financial technology company that builds distributed, encrypted straight through processing tools for wholesale financial service providers using distributed ledger technology. Before she joined the product team, she spent nearly three years in the firm's business development organization. Prior to Digital Asset, Beth was the editor for a derivatives publication and extensively reported on the financial markets across equity, FX, credit, rates and financial regulation for Derivatives Week, GlobalCapital Derivatives and Institutional Investor.
Professor, New York Law School
Houman Shadab is an expert in financial law at New York Law School where he focuses on fintech, hedge funds, derivatives, securitization, startups, payment systems, bitcoin and distributed ledgers. He is also the cofounder of Clause, a startup building autonomous contracts for the Internet of Things.
Investment Director, Tenfore Holdings
Joyce Shen is the investment director at Tenfore Holdings. She leads investments and partners with founders providing capital, strategic guidance, and operational support to accelerate growth. She was previously the senior global director of emerging technologies and corporate venture in the CTO office at Thomson Reuters where she founded and led the global emerging tech partnership program and the emerging tech venture fund. During her tenure, she established product partnerships, founded the global blockchain program, and made 11 venture investments.
Co-Founder, Chia Network
Ryan is a serial entrepreneur focused on fintech. After co-founding Tradehill, a major cryptocurrency exchange in 2012, Ryan co-founded CryptoCorp (Acquired by Digital Asset), Blockchain Clearing (Acquired by Neighborly), and now Chia Network. Bram Cohen and Ryan founded Chia to build a better Bitcoin.
EVP, Product Management, NuArca
JB Sloan is EVP at NuArca. JB has 15 years of product management experience in the financial services sector in compliance, risk, CRM, and customer service. JB has a Masters of Information Services from Northeastern University. He has worked with many of the top fifty global banks helping them develop and implement software solutions.
Chief Trial Attorney, Commodity Futures Trading Commission
K. Brent Tomer is a Chief Trial Attorney with the Division of Enforcement at the Commodity Futures Trading Commission in the New York office. Mr. Tomer represents the Division in enforcement actions that are filed in the United States District Court. Mr. Tomer regularly represents the Commission in actions and investigations related to cryptoassets. He is also the Division’s representative for the LabCFTC FinTech Liaison Group.
Chief Product Officer, Global Debt Registry
Todd Veale is the Chief Product Officer at Global Debt Registry. His responsibilities include researching, developing, launching and servicing GDR's products and services. Todd has more than 25 years experience in technology and financial services including 16 years as an executive at MBNA.
Blockchain for Wall Street Thanks ...
Using standardized Fintech solutions, BankEx, the decentralized Bank-as-a-Service exchange, aims to bridge the gap between the emerging blockchain sector and traditional finance. Deploying smart contracts and enabling tokenization, the platform powers off-balance sheet crowdfunding, chain finance and leverages external infrastructure, creating efficient and time effective solutions. BankEx’s innovative solutions have far-reaching areas of application, and are posed to have transformative effects upon traditional finance and investment; micro-financing; real estate; as well as illiquid assets, natural resources, and futures markets.
B2Broker helps brokers build their business and offer solutions that allow them to increase efficiency and optimize workflows. Our experts have worked for many years in the retail brokerage business and know it inside out. B2BX is an aggregator of cryptocurrency liquidity for marginal trading, trading with physical delivery and distribution of liquidity to brokerage companies.
Founded in 2017, ICOBox offers fixed-price services to projects seeking to sell their products and services via ICOs. As part of its solution ICOBox provides technical, legal and marketing services. ICOBox was founded by four blockchain visionaries: Nick Evdokimov, a co-founder of SeoPult, an ex-CEO of AdInTop and Cryptonomos CEO and co-founder, Mike Raitsyn, a serial entrepreneur, Anar Babaev, Head of Digital Marketing at Cryptonomos, and Daria Generalova, a seasoned digital and cryptocurrency marketing professional. Details on ICOBox can be found at www.icobox.io. For more information please e-mail firstname.lastname@example.org.
OTC Exchange Network
OTC Exchange Network (“OTCXN”) solves the biggest problems in the largest markets using proprietary Blockchain technologies developed from the ground-up for high-performance enterprise applications. OTCXN reduces risk, cost, friction, and eliminates the need fortraditional intermediaries by democratizing market access through the first and only P2P network supporting the trade-to-settlement lifecycle for institutional FX trading. OTCXN’s proprietary blockchain fabric is offered on a stand-alone basis for global enterprise businesses which require absolute certainty of event chronology, strict data privacy and security, and high frequency events recordation with immutability guarantees, while crossing organizational boundaries.
Pepper Hamilton LLP
Pepper Hamilton LLP is a multi-practice law firm with more than 450 lawyers nationally. The firm provides corporate, litigation and regulatory legal services to leading businesses, governmental entities, nonprofit organizations and individuals throughout the nation and the world. Pepper’s Blockchain Technology group is working with industry experts and clients to understand the technology and the use cases and to navigate legal issues and the potential need for new legal frameworks to support the technology and use cases. Pepper also represents blockchain companies in connection with initial coin offerings (ICOs) spanning a wide range of technology use cases and industries. Our lawyers have the technical know-how and experience to help clients navigate the business and legal issues involving blockchain technology and other variants of peer-to-peer distributed ledger technology, such as smart contract platforms.
Polsinelli attorneys provide practical legal counsel infused with business insight, and focus on health care, financial services, real estate, intellectual property, mid-market corporate, and business litigation.
ULedger adds blockchain capabilities to your existing technology infrastructure. Unlike any other blockchain approach, ULedger makes it possible to prove, in an independently verifiable manner "without the need for prior consensus" the relative order of events. ULedger does not require the sharing of any data between nodes that are participating in any transactions. This is crucial for the vast majority of real world use cases.
Blockchain for Wall Street Also Thanks ...
Program and Event Partner: Lighthouse Partners
Lighthouse Partners provides business acceleration services to transformative IT vendors, with a particular focus on blockchain technologies.
Event PR and Media/Association Partner Liaison: Massing PR
Massing PR offers high-quality, personalized and cost-effective public relations, marketing director and advisory services to software engineering consulting and technology companies, particularly in financial services.
Industry Partner: Blockchain Education Network
The Blockchain Education Network is a global web of over 2,000 students in 260+ universities across 51 countries and counting. Our mission is to help create a world that is more open and free, by promoting technological literacy with decentralized technologies because we believe in autonomy, self-sovereignty, and access to truth.
Industry Partner: Hyperledger
Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology.
Industry Partner: NYJavaSIG
The NYJavaSIG (javasig.com) was the first Java User Group started in 1995 and now the largest Java community in North America. Our members are Java software developers in the NY Metropolitan area from a wide spectrum of companies, from large investment banks to technology startups.
Media Partner: Brave New Coin
Brave New Coin (BNC) offers spot pricing for bitcoin and over 380 crypto-currencies to global financial markets and data vendors. We build industry benchmarks, crypto-currency API's and custom indices for tracking crypto-currencies and other digital assets.
Media Partner: ICO Crowd
ICO Crowd is the first and foremost media publication dedicated to Initial Coin Offerings (ICOs), covering everything from hot ICO investment opportunities to the latest news on the ICO landscape. The decentralised nature of Blockchain technology has allowed any and everyone to invest in this new phenomenon known as tokenisation, so, grab a copy or visit the website and join the revolution.
Media Partner: Mondo Visione
Mondo Visione is the leading source of insight and knowledge about the world’s exchanges and trading venues. Since 1991, Mondo Visione has provided those who operate and invest in the global markets with fast, reliable information, delivered in print and online.
Media Partner: Profit & Loss
Profit & Loss is the premier news source for the global wholesale FX industry, with daily coverage of the latest people moves and market news. Registration to www.profit-loss.com is free and includes a subscription to the Squawkbox e-newsletter, delivering a summary of the latest news twice weekly. Profit & Loss also holds annual conferences in London, New York, Chicago, and across Asia and Latin America.