Open Webinar - Fundraising for SMEs and Startups: DeFi vs. CeFi
07 July 2021
Time:to( GMT +00:00 )
8 : 00
9 : 30
Decentralized finance (DeFi) is usually considered as a blockchain-based form of financial technology (FinTech) that removes intermediaries when offering financial instruments such as loans, securities and commodities. Centralized finance (CeFi), on the other hand, is another form of FinTech that requires users to trust a party to manage their financial transactions. According to CoinGecko, the total market cap of DeFi has reached USD 128 billion and 1-2 million users are interacting with DeFi protocols.
Since late 2018, DeFi has attracted a rapidly increasing number of FinTech startups, venture capitalists, traders, and even traditional financial institutions. At the same time, it raises a series of questions: What is it? How does DeFi differ from previous forms of FinTech applications using smart contracts (CeFi)?
Expanding financial services for small businesses and underserved entrepreneurs is an urgent issue for achieving UN SDG goals. DeFi’s model of de-intermediation and peer-to-peer transactions on a global scale has created enormous opportunities for financing early-stage projects that are oftentimes ignored by banks or traditional VCs. On Wednesday July 7th, 2021 at 8:00 am EDT, financial industry executives and practitioners with background on DeFi, will share lessons learned from the boom of this nascent industry, and how DeFi modules could support real world assets (RWAs) in the context of SME finance.
What you will learn
● What are the driving forces behind the DeFivboom? How much is its future growth potential?
● With more RWAs being added to the DeFi market, how will DeFi play a crucial role in raising capital for entrepreneurs and startups?
● What are the lessons learned when trying to integrate RWAs into DeFi protocols?
● Will regulated financial institutions eventually adopt DeFi? What are the roadblocks?
● How’s the current regulatory environment?
Matthew Gamser, CEO, SME Finance Forum
About the Speakers
Martin Quensel is the Co-founder of Centrifuge. Martin started his career at SAP in the mid-90s as a developer and architect, where he built payment infrastructure, supplier collaboration, and procurement solutions. In the new century, he moved on to co-found several successful startups, the latest before Centrifuge being Taulia, the leading bank agnostic supplier financing network. Taulia provided in the last year $30bn of funding to its network of 2 million suppliers in around 160 countries. His expertise lies in Supply Chain Financing, Purchase-to-Pay, Order-to-Cash, and how to decentralize it. His current project Centrifuge is all about providing decentralized credit to the world.
Michael Pinkus is CFO of Bitbond, Germany's leading provider of white-label blockchain solutions to banks and other financial institutions. Prior to joining Bitbond, Michael worked over 20 years in international banking and finance including structured finance, asset management and debt capital markets. He has held senior roles in structuring, sales and business development. He worked over 14 years with IKB, a prominent European SME-specialized bank and previously held roles at Hengeler Mueller, Scope Ratings and KPMG.
LI JUN is the founder of Ontology, a high performance public blockchain and distributed collaboration platform. He is a highly regarded blockchain solutions architect with 17 year’s experience in IT and fintech. Li previously provided technical architecture, management, and planning support for top international IT firms and major financial exchanges, playing leading roles at the China Financial Futures Exchange and Infosys. Li holds a BA in Computer Science and an MSc in Communication Engineering from one of China’s most prestigious universities, as well as an MBA from the University of Manchester. He is also a certified Project Management Professional.
Wes Geisenberger is the Director of Business Development at Hedera Hashgraph. Wes has over five years of enterprise blockchain and DLT experience. In his work in business development Wes leads sustainability & markets strategy at Hedera. In his role Wes oversees grants, use case development, and research targeted towards innovation and disrupting how real world assets are stored on ledger, tokenized, and traded in a publicly auditable way. Wes previously worked in Emerging Technology for Oracle Corporation and has a passion for smart city and transportation use cases in DLT.
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