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7245: Rewiring Global Trade Finance Networks

Blockchain

Trading lies at the heart of a market economy. Yet many banks have not developed their trade finance solution, a vital component of trade deals, for decades. We.trade, a joint venture between nine major European banks, created a trading platform using Blockchain to reduce friction and ease the trading process for small and midsized enterprises. It has recently added three former Batavia consortium banks and is now serving 13 European countries. Join this session to learn how they broke down the barriers between the banks, and hear the future vision of expanding the network globally.

Topic:
Core Curriculum Blockchain
Venue:
Data & AI Theater C
Time:
Wed (February 13), 8:30AM PT

Speakers

Jason E. Kelley

GM, Blockchain Services, IBM Sr. State Exec Texas, IBM

Roberto Mancone

Chief Operating Officer, we.trade

Chief Operating Officer of we.trade Innovation DAC, the Joint Venture owned by 12 European Banks (Caixa, DB, Erste Group, KBC, Natixis, Rabobank, Societe General, UBS, Uni Credit), developing, executing the strategy, designing the operating model of the company, and licensing the innovative Trade Platform based on Blockchain in 13 countries in Europe.

Previously in Deutsche Bank AG as Global Head of Disruptive Technologies and Solutions for Private Wealth and Commercial Clients Division (PWCC) of the Bank, responsible for definition, design and delivery of the Scalable Advisory Banking Model of the Division, through the implementation of Artificial Intelligence, Blockchain and Internet of Things.