As the first event of 2019, the BIS'n'Beer team is glad to bring on stage one of the current trendiest topics in Information Systems: BLOCKCHAIN!!!
We are honored to host two experts in the financial industry from The Aduno Group:
- Tony Weber, Head of Innovation & Technology Management
- Bedrija Hamza, Business Technology Manager
Tony and Bedrija will take us to a journey called BAZO – A Swiss Blockchain from Scratch for the Financial Industry.
Abstract:
Regarding trust and reliability the financial services industry has its own standards due to high compliance and regulatory pressure in recent years. Up to now, the commonly known public blockchain approaches (Ethereum, Bitcoin etc.) could not cope with such requirements. Where applicable, the banking industry organized themselves in numerous consortia with their own, semi- private or private blockchain networks and governance models. In order to gain predictable acceptance within the financial services industry, Aduno Group’s Innovation Lab Area-56 teamed together with University of Zurich to address existing weaknesses of current blockchain networks and build its own modified version of what is considered a new level of scalability, stability and network security right for the purpose of financial transactions and digital assets exchange in the near future.
During this event you will learn how the idea was growing and which goals were set, what some of the rationales for the project team during the setup and implementation phase were (i.e. consensus approach) and how and what type of “real world” enhancements and applications can be expected in the future.
