Join us to look at the impact of Blockchain in Financial Services.
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Synopsis
In 2021, crypto promised a vision of the new way of finance as it peaked to near $3trillion in market cap but in 2022 the narrative was soured by the collapse of the world’s second-biggest cryptocurrency exchange amid a run on its funds and the controversy over $8billion in customer deposits.
This presentation will explore blockchains and cryptocurrencies through a practical lens exploring the technological innovations that decentralised applications have brought to financial services, but also shed light on the issues and centralisation risk that runs parallel to the lofty promises and ideals the industry espouses.
Eddie Litonjua, Head of Blockchain and Crypto at Vacuumlabs will peel back the jargon and share practical examples of how smart contracts and changes in technology enable a new kind of finance - one without any financial intermediaries.
He will also share in depth about the collapse of some major players in the blockchain and crypto ecosystem and how those propagated the narrative of the 2022 crypto winter.
About the speaker
Eddie Litonjua
Eddie Litonjua is the Head of Blockchain and Crypto at Vacuumlabs. Vaccumlabs helps clients ideate and build novel crypto applications and smart contracts. He also acts as an advisor to a crypto start-up launchpad Genius X.
Eddie holds a BSc degree in Mathematics from the University of Cambridge as well as an MSc in Computer Science and Machine Learning from UCL.
In 2021, he invested in a crypto game called Axie and scaled a gaming guild to 100 members. Some members were able to buy medicine, a laptop to study and even a motorcycle to travel. It was at this point he saw the potential of blockchain and crypto to transform lives.
Eddie is always constantly on the lookout for interesting projects to collaborate with or companies who are interested in exploring how they want to introduce crypto into their technology stack.
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COVID-19
BCS is following government guidelines and we would ask attendees to continue to also follow these guidelines. Please go to https://www.nhs.uk/conditions/coronavirus-covid-19/ for more information, advice, and instructions.
This event is brought to you by: BCS Financial Services specialist group
