Distributed Ledger Technology - Will the Promise be Realised?

Tuesday 17 October 2017, 18.00 (for a prompt 18.30 start) - 20.00

BCS Offices, 5 Southampton Street, London WC2E 7HA

BCS members: £12.00 Non-members: £18.00 (inclusive of 20% VAT)

Event Details:
18.30 to 20.00 Presentations and Q&A panel followed by networking together with sandwiches and refreshments.

The format for this event will be two 25-minute presentations followed by 45 minutes of discussion on the topics raised by the speakers. After the formal part of the meeting, we should be delighted if you would stay behind for refreshments and further networking.

The speakers and the approaches that they represent provide different slants on the promise of disruptive change in transaction processing software. The ISSG is particularly interested in the security and privacy aspects but the premise of this seminar is that these aspects can only be properly understood in the full context of the technologies involved.

The speakers and their organisations are described below.

SETL - Tim Moncrieff
SETL is an initiative to deploy a multi-asset, multi-currency institutional payment and settlements infrastructure based on blockchain technology. The SETL system will enable market participants to move cash and assets directly between each other, facilitating the immediate and final settlement of market transactions. The SETL system maintains a permissioned distributed ledger of ownership and transaction records, simplifying the process of matching, settlement, custody, registration and transaction reporting. The SETL board is chaired by Sir David Walker, former chairman of Barclays, and includes Rachel Lomax, former Deputy Governor of the Bank of England, Ed Richards, former CEO of Ofcom, and national security expert Martin Clements CMG OBE.

Tim Moncrieff leads Project Architecture at SETL with responsibility for business development, project specification and client delivery work across SETL’s organisation. Tim has an active role in the blockchain community, leading the British Standards Institute’s Distributed Ledger Technology (DLT/1) working group on Interoperability and participating in the Whitechapel Think Tank on Distributed Ledger Technology. Prior to joining SETL, Tim spent nearly 10 years working as a financial services consultant with a focus on payments, at both Deloitte and Moorhouse Consulting. During this time, Tim spent around 6 years working closely with Visa on their payments processing, clearing and settlement systems.

Kalypton/Tereon - Alun Thomas
Tereon is highly distinctive and patent pending transaction processing software which comprehensively addresses the concerns and limitations of blockchain and DLT, five of which were identified by the Bank of England as Scalability, Security, Privacy, Interoperability and Sustainability. Tereon operates in both the regulated and unregulated space, for the banked and unbanked, whilst paving the way for Governments to offer true fiat digital money. Tereon delivers on the promise of Blockchain today for markets which include Financial Services, Smart Cities, Supply Chain Management and Insurance.