Mo Shaikh

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

The curation of content and speakers was wholly managed by Aptos and does not reflect the views of the organisers or its staff.

Cross-border payments are expensive and slow via current ecosystem. On-chain, instant settlement solutions are now available; this unlocks significant funds that is locked in transfer currently. In addition, programmability allows stablecoins to handle more complex transactions.
 
Through the presentation of a case study on the RD Wallet, a Hong Kong Stored Value Facility licensed solution, this workshop will showcase how global businesses can open a multi-currency account on mobile anytime, anywhere. Additionally, get a glimpse of the HKDR Stablecoin, a stablecoin 1:1 backed by the Hong Kong dollar, to facilitate the development of Web3 and virtual assets ecosystem.