Remittance blockchain presentation

Blue Fin Venue - London27/04/16


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BLOCKCHAINA Remittance Accelerator

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WHAT IS THE BLOCKCHAIN?

• Introduced by Bitcoin in 2008• A secure, distributed ledger that can control any kind of data

CENTRALISED

DE-CENTRALISED

DISTRIBUTED

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FINTECH BUSINESSES INVESTING IN BLOCKCHAINExploring blockchain potentialBlockchain firms acceleratorResearching blockchain in London labExperimenting with bitcoin like rewards Blockchain based IOT on digi-cashHired decentralised ledger employee Enterprise wide blockchain initiative Planning blockchain based stock exchange Invested in 21 inc

Invested in Ripple labs for blockchain exposure Talking with IBM about digital cashExploring program with Ripple

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BLOCKCHAIN USE CASE:Smart contracts

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BLOCKCHAIN USE CASES (CONTINUED)

• UBS’s smart-bonds are bonds where "risk-free interest rates and payment streams were fully automated, creating self-paying instrument".– The key attraction is that there is no middle

or back office and no registry, so clearly major impact on costs.“

– UBS Alex Batlin

• Preventing document forgery• Take advantage of the Blockchain

transparency and time stamping• AML & KYC solutions

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BLOCKCHAIN REMITTANCE CAPABILITY

MTO/MSB

Blockchain Smart Contract

Smart contract

auto agent payout

KYC / AML solutions

Ledger data (transparency

)Bitcoin

Networks logged into Blockchain

competing for smart

contracts

Unforgeable docs –

Passports, driving license,

utility bills

Transactional history

auditing

Processing bitcoin

remittance

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Inputs and outputsTotal input 194,993.50000004 BTCTotal output 194,993.50000004 BTCFee’s 0 BTCEstimated BTC txns. 194,993 BTC

REMITTANCEBitcoin has surpassed Western Unions transaction

volume.

$147m transactions for $0fee!!!


Q&A SESSION

Services

Remittance blockchain presentation