Fintech Storm – a two-day symposium on blockchains, distributed ledgers and various other emerging financial technologies – will be held this Thursday in Mumbai, India. The landmark conference will be attended by venture capital firms, fintech industry leaders, blockchain startups, prominent academics and bank executives.
Arifa Khan, Founder of Fintech Storm and Managing Director at Genius Incubator – a London-based private equity firm – firmly believes that blockchains are the future of finance and explained how excited she is to bring this technology to the country.
She said in the press release:
“I am bringing the blockchain euphoria to India. I am excited about the appetite for blockchain in India, from banks, NPCI and RBI, in a departure from other technologies where startups are the only early adopters. The more I researched the subject, the more I was convinced that here was a game changer that could reinvent banking and transform every known process of financial services transactions having worked across retail, corporate and investment banking globally.”
Ms Khan also sees blockchains as a tool to improve many other aspects of India’s social, political, legal and government systems, which Narendra Modi – India’s current Prime Minister – has been trying to tackle with great difficulty, “We can hope for technology to elegantly solve the myriad problems of opacity in economy and non-compliance that the regulators and law making bodies grapple with.” she added.
University of Burgundy Professor Marc Pilkington, who will be co-chairing the Fintech Storm blockchain workshop with Arifa Khan, will also be announcing the launch of the Global Blockchain Think Tank.
In addition to high-calibre speakers like Prof Pilkington, Fintech Storm will be attended by a “cross-department team” from the Reserve Bank of India, which Ms Khan said exemplifies the “openness of the regulator, in keeping with the trend with their international counterparts.”
On the second day of Fintech Storm, startups will be given a chance to mingle with VC investors and present their innovative ideas/concepts at the India Funding Conclave portion of the conference.
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