Varun Paul is Senior Director for Central Bank Digital Currencies, Financial Market Infrastructures and Blockchains at Fireblocks, a digital asset infrastructure provider. He studied Economics at the University of Cambridge and gained a Masters in Economics from University College London, before joining the Bank of England in 2008. Over 14 years there, Varun supported decisions on interest rates, managed risks to financial stability and delivered a landmark review on the future of finance. Most recently, he was head of the Bank’s Fintech Hub, where he focused on the future of money and the digital economy. Today, Varun supports central banks and FMIs all over the world in their digital asset journey.
Roundtable Room 3 (Level 3)
Decoding Digital Assets and Payments
This roundtable reflects Elevandi’s commitment to developing the infrastructure to support the adoption of new technologies.
Permissionless blockchains presents multiple opportunities for the pooling of global liquidity. The inherent traceability of all records offer significant cybersecurity enhancements over traditional systems by prevent false transactions. Moreover, continuously verifiable point-in-time snapshots of the distributed ledger offers added resilience to ensure business continuity.
In this industry-focused roundtable operating under the theme of Decoding Digital Assets and Payments, we invite private sector discussants to consider the pathways to implementation of permissionless blockchains by laying down all cards on the table. Speakers are invited to actively challenge the supposed benefits of permissionless blockchains with their inputs, discuss trade-offs, and address the perceived risks surrounding the technology.
This session seeks to lay the groundwork for later dialogues on the applications of permissionless blockchain in the form of structured products and collateral settlements.
This is one of two discussions surrounding permissionless/public blockchains in the financial services at the Insights Forum. Attendees who wish to familiarise themselves with the topic may refer to the reference materials below.
- Public blockchain as a transfer infrastructure in regulated sectors
- Plenary Address by Ravi Menon: State of Global Finance & Technology | JFF 2024
Hall C (Level 2)
Decoding Digital Assets and Payments
This session explores the evolving state of cross-border payments, addressing current challenges and emerging innovations. Experts will discuss technological advancements, regulatory impacts, and strategies for enhancing efficiency and security in international transactions.
Workshop Room 1 (Level 3)
Decoding Digital Assets and Payments
The curation of content and speakers was wholly managed by Fireblocks and does not reflect the views of the organisers or its staff.
This industry discussion will challenge the global regulatory stance on public blockchains. We will hear from financial institutions building digital asset businesses on private and public blockchains, debating the merits and challenges of both.
The session will:
- Explore what’s stopping institutions from embracing public blockchains
- Weigh the benefits of control versus scalability
- Discuss collaborative private sector solutions and the interoperability and regulatory requirements they must meet