Events

Sthlm Fintech week: key takeaways from the Blockchain track

Yes, they did it – and it was an amazing week! Organizers Lana Brandorne, Anna Blyablina and Love Dager put together this ground-breaking event in Stockholm: the first edition of Sthlm Fintech week.

Throughout the week Sthlm Fintech Week brought together industry leaders and experts in different areas within fintech: from regtech and insurtech to sustainability and blockchain.

I was particularly interested in the Blockchain track – coming straight from Stockholm’s central station after a 5 hour journey from Malmö, I headed straight away to SUP46 for the Blockchain track.

Here is a few takeaways from the track:

Mika Honkasalo (Robin Capital) : “The next generation of internet protocols is being built right now”

Mika (main photo) started the afternoon with the state of the Nordic crypto market. He pointed out that 2018 (coming to 2019) was the year that major financial institutions made their first public moves to blockchain/crypto.

Also, the Nordics have a great pool of developers the can solve major computer problems .

Agnieszka Sarnecka (Neufund): “Don’t trade your [equity tokens] until you finish your fundraising”.

Talking about “Fundraising on Blockchain: How to do an Equity Token Offering”, Agnieszka make another important point: storytelling.

Surely, storytelling is crucial to make people, and more importantly investors, interested in your product.

Oliver Oram (Chainvine): “Intelligent contracts are not replacing lawyers themselves, but offering new services.”

With “The importance of being agnostic”, Oliver talked about smart contracts, or how he likes to call it, intelligent contracts. They didn’t come to make lawyers obsolete but came to complement the services they already provide.

Carla Maree Vella (XD Consulting): “In Crypto we trust, in code we trust, in law we must.”

This was the second time I’ve seen Carla speak – the first time was last November in the Malta Blockchain Summit.

Her lecture was “Regulatory Boundaries: Are they stifling growth and innovation in crypto?” – she pointed out that regulations, especially in a jurisdiction like Malta, didn’t come to policy and hold back growth, but create a environment where blockchain companies can be liable and therefore, grow their business in a trustworthy way.

A special thanks to Jens Frid for co-organizing the Blockchain track!

The Sthlm Fintech week will be back in 2020.

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