Six keynote stages, panels & interviews, pitches & showcases, and workshops spotlighted the most innovative fintech ideas. Ministers of Finance from several European countries, institutional leaders, CEOs of major banks and Fintech unicorns gathered in January in Paris for what has now become the “Davos of digital finance and fintech “. Over the two days, all topics related to digital finance in general, and to Fintech in particular were discussed.
Pavel Kravchenko, founder of Blockchain expertise center Distributed Lab, took part in the ‘Markets and Wealth Management Stage’ panel discussion titled ‘Is blockchain the next big thing in asset management industry?’. The founder of Distributed Lab and his opposite number, Olga Feldmeier, the CEO of SmartValor (a Swiss-based blockchain start-up, building a decentralized marketplace for tokenized alternative investments), debated the changing paradigms of investment, as well as the role of asset tokenization in improving the appeal of the asset management industry to mainstream investors.
As Pavel Kravchenko said: “We are on the edge of a major breakthrough, which will see new business models and applications of tokenization. These will become possible through technological improvements to cryptographic tools, mesh networks, networking infrastructure, and so on. Such new business models will largely rely on new synthesized types of assets, and will entail significant economic and social shifts.”