Session: Building the Next Generation of Financial Systems: Where, Why and How to Be Part of the New Digital Economy
We are on the cusp of a once in a generation upgrade to financial systems that will finally make “bankers’ hours” and perhaps even “bankers’ suits” an antiquated idea. Money will move at the speed of data, saving time, driving down costs and unlocking value for banks, businesses and consumers around the world.
In this talk, Daniela Barbosa will explain how decentralized technologies, including distributed ledgers, smart contract, tokens, verifiable credentials and more, are poised to make access to financial systems a 24x7 reality, leading to faster settlement times, real-time invoicing for global trade, seamless cross-border payments and increased overall liquidity. The next generation of financial systems are being built now, creating a host of opportunities within financial and tech markets but also laying the groundwork for better access to capital and lower start-up and operating costs for businesses of every size.
Her talk will cover:
- The core technology at play, including important distinctions between speculative crypto trading and the application of blockchain-related technologies to upgrade aging financial systems
- Examples of this technology in action in markets around the world
- The critical role of governance and regulation in the emerging digitized financial systems
- The importance of diverse technical and business contributors in creating the new digital economy and the technology powering it
- The opportunities to get involved in building our collective financial future
Bio
Daniela Barbosa serves as General Manager Blockchain and Identity at the Linux Foundation and as Executive Director of Hyperledger Foundation with overall strategic and operational responsibility for staff, programs, expansion and execution of Hyperledger Foundation’s mission. Daniela has more than 20 years of enterprise technology experience, including serving for four years as Hyperledger Foundation’s Vice President of Worldwide Alliances with responsibility for the member community as well as broader industry and business community outreach and overall network growth. She started her career at Dow Jones where she worked with the top global brands across various sectors, including finance, consumer and energy, to architect and deliver enterprise systems, ontologies and semantic web solutions. In the early 2000s, Daniela became involved in the early web 2.0 community helping to advance the concept of digital identity and data portability as the pathway for people to reuse their data across interoperable applications.