The Conscious Fintech Meetup Berlin looks at the social, ethical and political implications of innovation in finance and banking. How innovative are Fintech when it comes to responsibility, participation, transparency, fairness and trust? Are they able to bring change in the areas of the financial sector where mostly needed: its impact on society?
The Good, the Bad and the Chain.
On the Ethics of Cryptocurrencies and Blockchain Technology
In the second Conscious Fintech event Brett Scott will take a much needed closer look at cryptocurrencies and blockchain technology (see below to read more about Brett): Since a couple of years bitcoin, alternative coins and blockchain projects beyond currencies fuel a vision of decentralized, autonomous organizations that are immune to censorship, misuse of power or manipulation. Left-wing anarchists see a stateless and bankless future build on collective and direct democratic action – conservative libertarians see globally flowing commodities freed from regulations and state power. The projections on blockchain technology lead to a weird and quite tense combination of aspirations and simplifications. Or as Brett put it in his 2013 essay “Vision of a Techno-Leviathan: The Politics of the Bitcoin Blockchain”:
“At first sight this offers an exhilarating vision of self-contained outposts of freedom within a world otherwise dominated by large corruptible institutions. At many cryptocurrency meet-ups, there is an excitable mix of techno-babble infused with social claims.“
We invite you warmly to join a discussion beyond this babble and share your thoughts on social and political implications of blockchain – in Fintech and beyond…
Brett Scott describes himself as “a campaigner, former derivatives broker, and general economic explorer”. Others may call him an an “alternative finance activists” or “financial hacker”. Undoubtedly he is a keen observer and critical thinker when it comes to financial technology and its societal impact. He writes for publications like The Guardian, Wired, Aeon Mag or CNN.com and published his book “The Heretic's Guide to Global Finance: Hacking the Future of Money” with Pluto Press in 2013. Furthermore Brett has been involved in various financial campaigns (for groups such as MoveYourMoneyUK, World Development Movement & ActionAid) and is a fellow of the London based Finance Innovation Lab. Lately he published a working paper with the United Nations Research Institute for Social Development titled “How Can Cryptocurrency and Blockchain Technology Play a Role in Building Social and Solidarity Finance?”.
Institute for Social Banking
Impact Hub Berlin
Organisation & Moderation:
Sanika Hufeland, Jan Bohnhorst, Konstantin Wolf
Please note that by attending the meetup you declare your consent to the use of photographs and audio recordings (that are made in connection with this meetup) of your person and voice by the organizers. You assign the organizers of this meetup the free of charge, non exclusive, universal and revocable rights to use the photographs, audio recordings and quotes for use in external communication and marketing materials, including online and offline publications. If you don’t agree to this regulation, please inform the organizers prior to the event.