Public blockchains are becoming more accepted across financial services and use cases in payments, smart contracts, smart assets, digital identity, clearing and settlement are growing. These blockchains offer scalability, cost saving, speed, security and transparency in transactions. However, issues remain around privacy limitations, lack of governance and adoption. This panel will discuss the applications of public blockchains within finance and digital money, exploring their role in digital representations of commercial money as well as their potential use within central bank digital currency rollout strategies.

Panellists:
Scott Hendry, Senior Special Director FinTech, Bank of Canada
Pietro Grassano, Business Solutions Director Europe, Algorand
Hugh Macmillen, Chief innovation officer, Instimatch
Yesika Padilla Yanez, Director of Innovation, Banco Davivienda

Moderated by Chris Ostrowski, Managing Director, Digital Monetary Institute

Recorded on 27/05/21

In partnership with:

Listen to the podcast, ‘Public versus private blockchains‘ by Algorand, hosted by OMFIF here.

This virtual discussion is part of the OMFIF Digital Monetary Institute. OMFIF, the global central banking think tank, proudly announces the launch of the OMFIF Digital Monetary Institute on 5 May. The OMFIF Digital Monetary Institute creates a high-level college which convenes key policy-makers, technologists, financiers and regulators to explore the challenges, opportunities and implications of digital finance in the 2020s. See more information on OMFIF’s DMI here. Please contact julia.demidova@omfif.org directly for membership details or register your interest below and we’ll be in touch.

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