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Monday, June 24 • 1:55pm - 2:30pm
FinTech 2.0 - Redefined By Blockchain and COMIT

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FinTech 2.0 - Redefined By Blockchain and  COMIT

FinTech is a disruptive innovation that denotes the adoption of technologies that have changed how traditional financial services work. While FinTech is now embedded deeply into the financial services ecosystem, the rise of digital age has paved way to FinTech 2.0 – which is rolling out innovative solutions through emerging technologies at a disruptive pace while maintaining the tenets of security and compliances.

Blockchain as a technology has started seeing pilot adoption in FinTech around trade settlements, fraud detection and would need to sort out few of the technology challenges primarily around transaction time, interoperability with existing systems before being fully adopted into mainstream systems. While private blockchain adoption by Banks have taken shape, the challenge of real time transaction settlement, preventing double spend attacks need to be addressed.

COMIT (Cryptographically-secure Off-chain Multi-asset Instant Transaction network) is a super blockchain network that allows for real time transaction which are enforced using off-chain smart contracts.

Throughout this session attendees will learn and understand:

• Blockchain and its adaptation for FinTech 2.0 use cases
• Identify new areas of integration and architectural patterns through COMIT
• Examples of use cases that FinTech can utilize blockchain technology

avatar for Chander Damodaran

Chander Damodaran

Chief Blockchain Architect, Brillio
Chander Damodaran, Chief Blockchain Architect is a problem solver, evangelist focused on bringing in the right mix of business and technical competency to solve large business problems. He thrives in fuzziness and love in defining the blueprint for digital transformation with clear... Read More →

Monday June 24, 2019 1:55pm - 2:30pm
06 Blockchain at FinTechEXPO Great America Room1
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