Yablon - Blockchain
Download as PPTX, PDF0 likes344 views
The OECD emphasizes its core values of independence, openness, boldness, pioneering spirit, and ethics in analyzing global issues. Blockchain technology is crucial for advancing these values by transforming financial infrastructure and enabling the tokenization of assets, which can enhance access to liquidity for SMEs. Successful use cases, such as bonds on the blockchain and a digital land registry in Georgia, illustrate the potential of blockchain in finance and asset management.
Yablon - Blockchain
- 1. The OECD’s Core Values ● Objective: Our analyses and recommendations are independent and evidence- based. ● Open: We encourage debate and a shared understanding of critical global issues. ● Bold: We dare to challenge conventional wisdom starting with our own. ● Pioneering: We identify and address emerging and long term challenges. ● Ethical: Our credibility is built on trust, integrity and transparency. Blockchain helps the OECD further these Core Values
- 4. Bitcoin pioneered a new global financial infrastructure, based on open code and open access. Now, distributed ledgers are transforming finance, and the world’s assets are being tokenized. The SALT platform allows this rapidly expanding world of digital assets to be leveraged for secured, automated financing. Tokenization of the World's Assets - A fundamental shift in how we interact with value
- 5. - SME’s can access both customers and liquidity at the same time - SME’s can tokenize some portion of their business, (either their product or equity in their company) - These tokens could eventually be leveraged on the SALT platform for loans denominated in national currencies or sold to investors Why is this important?
- 6. Successful Use Case: Initial Coin Offerings
- 8. Bank is currently implementing with a large issuer in what will be a 'world-first' issuance of a bond on the blockchain in 2018. Instrument creates a single bond transaction that has the asset moving and the payment for that asset secured within the blockchain. Successful Use Case: Atomic Bond Swap Australia Commonwealth Bank to deliver first issuance of a bond on the blockchain
- 9. Blockchain Land Registry Blockchain enabled the Republic of Georgia to provide its citizens with a digital certificate of their assets, supported with cryptographical proof published to the Bitcoin Blockchain. Successful Use Case: Land Title Republic of Georgia
- 10. Successful Use Case: Green Finance Indonesia Blockchain + Green Energy: - Smarter energy consumption in emerging markets - Fraud-free emissions management - Streamlined climate investment - Legal frameworks for climate finance
- 11. - Counterfeit resistant - Liquid, Divisible, Transparent Blockchain Assets: Ideal Collateral Programmable Automation and Execution through Smart Contracts
- 12. Markets Function 24 hours a day, 7 days per week - Granular data available for all assets - Blockchain asset price, transaction volume, and volatility are measured market wide in real time due to the inherent informational depth associated with each asset Transparency and Access to Data
- 13. “Not so long ago, some experts argued that personal computers would never be adopted, and that tablets would only be used as expensive coffee trays. So I think it may not be wise to dismiss virtual currencies.” - Christine Lagarde