On April 19, 2018, Lance Martin attended the "Synchronize: DLT for Financial Institutions" conference in Manhattan, New York.
DLT (distributed-ledger technology) is more often called "blockchain." The conference brought together financial institutions, big technology companies and start-ups, regulators, policy makers, attorneys, technology experts, and investors to discuss the implementation of blockchain technology in the financial industry. The conference focused on real-world applications and programmed around key themes of adoption, confidentiality, smart contracts, roles and interoperability.
The panels included:
- CEOs from various financial institutions discussing their experiences and strategies in selecting a blockchain technology and vendor, navigating proofs of concept, and implementing the technology.
- Executives from Google, Digital Asset, and other technology companies analyzing the "power and promise" (and challenges) of smart contracts on the blockchain.
- Executives from Credit Suisse, Deutsche Bank, Ripple, Accenture, R3, Santander, IBM, and other companies on applying blockchain technology to specific financial sectors like syndicated loans, payments, and derivatives.
- Executives from the Enterprise Ethereum Alliance, Hyperledger Project, JP Morgan, and Microsoft on confidentiality and interoperability of blockchain technology, with a focus on how to maintain confidentiality, the ability of multiple DLT platforms to interact with each other, and the best solutions (among competing technologies) for financial institutions and financial markets.
- COOs and CTOs from financial institutions and technology companies on the revenue opportunities and the ability to rapidly create new products and services with blockchain technology.