Blockchain: Beyond Bitcoin, the Technology Catalyst as Good as the Beginning of the Internet
On Tuesday, March 28, a special panel of experts will offer us a realistic exploration and update on the newest developments, opportunities and challenges in blockchain. Our panelists include:
• Clemens Wan, Director of the R3 Lab and Research Center
• Amanda Gutterman, Chief Marketing Officer at ConsenSys
• Jesse Grushak, Head of Product at UjoMusic.com
• Marco Santori, Partner at Cooley
• Michael del Castillo, Member of the Editorial Team at CoinDesk
Unlike financial ledgers and databases used by banks today, a blockchain is not updated and maintained by a company, government, or a single entity. Instead it is run by a network of users. Imagine being able to buy or sell shares without requiring a clearinghouse to settle the trade between buyer and seller. Imagine the cost savings, time savings and ability to eliminate the risk of fraud.
This technology enables participants in a transaction to create an electronic exchange without the need of a central authority by utilizing a network of computers on a common network, legitimizing the transactions by a predefined and agreed upon set of rules of executing transactions. Every block of transactions is evaluated and confirmed by every participant in the network simultaneously, secured and stored by every participant and linked to the previous block. Once recorded a block can never be changed or removed.
Janet Yellen stated recently that the technology could make a difference to the way in which transactions are cleared and settled in the global economy. In addition to financial industry application, we will discuss its applicability across other industry verticals and it legal implications. We will look at the lessons learned from implementations, the ongoing R&D, interest/backing from funding groups, what have been the bottom line improvements so far, and what particularly about this technology has led to those improvements and what is in the future of this technology.
DATE: Tuesday, March 28, 2017
TIME: Registration, cocktail reception and networking 6:00-6:30 pm; Panel 6:30-7:45 pm, additional networking 7:45 to 8:00 pm.
LOCATION: Frankfurt Kurnit Klein & Selz, 488 Madison Avenue (between 51st & 52nd Sts.), New York
TICKETS: CBSACNY Members/Students/Faculty $30.00; Non-Members $45.00; NO WALK-INS
SPECIAL OFFER: Attend two events for free this year with the purchase of a one-year ($85 or more) membership to the Columbia Business School Alumni Club of New York. Click here to join now and then contact us for your promotional code to register for the events of your choice for free (cannot be combined with other promotional codes and sports events and holiday parties are excluded.)
Clemens Wan is an R3 LRC technical lab lead and AMER Corda dev relations lead. Since joining R3 in February 2016, he’s led initiatives related to smart contract development, CBDC, platform comparisons, dev collaboration / experience, client engagement, security, and scalable operational strategy. Before R3, he spent 6 years at Credit Suisse in Fixed Income Trading IT where he specialized in Credit products, trading architecture, and helped co-start/accelerate the CS Blockchain Working Group initiative. Clemens holds a Bachelors and Masters in Electrical Engineering at Cooper Union and started his career in AI and machine learning research in Hamburg University and Osaka University.
Amanda Gutterman is Chief Marketing Officer at ConsenSys, a venture production studio and custom software development consultancy building decentralized applications (DApps), enterprise solutions, and developer tools for blockchain ecosystems, focused primarily on Ethereum. Forbes Magazine listed Amanda as one of 30 Under 30 in Media, and Inc. Magazine as one of 30 Under 30 Movers and Shakers in the Content Industry. Before ConsenSys, she cofounded Slant, a "decentralized" media platform. Previously, she worked for several years with Arianna Huffington as The Huffington Post's Special Projects Editor. Amanda is a graduate of Columbia University Magna Cum Laude and currently lives in Brooklyn.
Jesse Grushak is a graduate from Union College with a dual degree in Computer Science and Economics. Throughout school, Jesse found an equally strong passion for electronic music and crypto currencies leading to a senior editor position at DancingAstronuat.com when he was just a Sophomore. As Bitcoin was still an emerging technology when it was time to secure a summer internship, Jesse decided to enter the music industry at ID&T North America where he spent two months as the managing director of marketing for TomorrowWorld (music festival). After graduating Union, Jesse went on to work for SFX Entertainment, managing cashless payment technology and access control at live events as well as conducting research into the future of visitor event identification. Due to the decline in SFX, Jesse left in December 2014 determined to find another company that promised to make a difference in the world. In the beginning of 2015, Jesse found ConsenSys and immediately got involved in the unnamed music project. Fast forward 15 months, Ujo Music is focused on bringing value back to the artist.
Marco Santori leads Cooley’s fintech practice, and is an authority in the law of blockchain technology. He is the Legal Ambassador for the Delaware Blockchain Initiative, the drafter of the New Jersey Digital Currency Jobs Creation Act and was called “The Dean of Digital Currency Lawyers” by an American Banker journalist. Marco focuses his practice on structuring innovative products into existing regulations, as well as crafting new regulations where required. He counsels on compliance with and disputes over money services, securities and derivatives laws, with both high-growth fintech companies and international financial institutions. Before beginning his legal career, Marco founded and operated a successful home-decor distribution company, which imported textiles from India, China and Canada and sold to institutional customers in the Americas and across Europe.
Michael Del Castillo is a full-time member of the Editorial Team at CoinDesk, covering bitcoin and blockchain applications. His writing has been published in the New Yorker, Silicon Valley Business Journal and New York Business Journal, among others. He is also the co-founder of Literary Manhattan, a 501 (c) (3) non-profit organization. CoinDesk is the world leader in news and information on digital currencies such as bitcoin, and its underlying technology – the blockchain. They cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.
A special thanks to Rahul Rao, Co-Chair, Media, Entertainment & Technology Committee, Aziza Jamgerchinova, President of CBSACNY, and Norman Niemer for organizing this event.
Our deep gratitude to Frankfurt Kurnit Klein & Selz for their generosity in hosting this event.