The Bitcoin Innovation

This is a joint event with Financial Services Specialist Group.

Date/Time:
Thursday 5 November 2015, 6.30pm - 8.30pm
Refreshments available from 6.00pm.

Venue:
The Davidson Building, 5 Southampton Street, London WC2E 7HA. The nearest underground stations are Covent Garden and Charing Cross.

Cost:
Free, but pre-booking is required.

Dr António RoldãoSpeaker:
Dr António Roldão, CQF, CTO Muse.AI

Summary:

Bitcoin (along with other decentralised crypto-currencies) has gained significant notoriety and has polarised the general population into those that are passionate supporters, and those that believe this insanity will soon disappear. Regardless, this emergent innovation provides a solution to a real problem: How to attribute, verify, and transfer digital ownership without a centralised third party and at the same time prevent ownership ambiguity (e.g. double spend in the case of a currency).

This question, commonly formulated as The Byzantine General’s Problem, has been solved by bringing together a number of concepts. These concepts include: asymmetric cryptography, peer-to-peer networks, a stack-based scripting language and a couple of ingenious uses of hashing functions.

The applications go beyond simply creating tokens (bitcoins) that can be exchanged in near real-time for goods and services, such as currency and/or a store of value, and include a wide range of fields such as: times-stamping, spam controls, safe guarding nuclear launch codes, proof of prior art without disclosure, machine to machine commerce etc.

This talk will provide the opportunity to learn about:

  • most common concerns and misconceptions
  • concepts that were combined to enable this innovation
  • what services this technology is disrupting and what new services it is introducing

About the Speaker

Dr António Roldão, CTO and co-founder of MUSE.AI, holds a PhD in High-Performance Computing using Field Programmable Gate Arrays from Imperial College London, as well as Certificate in Quantitative Finance.

Currently he is building Big-Data systems that combine Machine Learning with the latest technologies to create higher-order analytic and predictive systems. Before this, at Morgan Stanley, António was responsible for MS's proprietary Rapid FPGA Development platform, core libraries, and provided internal consultancy services. Prior to Morgan Stanley, António worked at J.P. Morgan on the state-of-the-art Athena Risk and Trading Platform. António is also interested in a wide range of technologies ranging from Bitcoin to Optimisation Techniques. He has also created and maintains the World's Largest Collaborative Painting - WebCanvas.com

Admission

Admission is free, for both Members and Non-Members, but advance booking is required.

Presentations

PDF Icon The Bitcoin Innovation - Dr António Roldão

Watch the YouTube video