Blockchain for Collective Intelligence: Decentralised Governance as a New Currency in RegTech

Описание: George Samakovitis - Associate Professor - Deputy Head of School of Computing & Mathematical Sciences - University of Greenwich

Presentation: Blockchain for Collective Intelligence: Decentralised Governance as a New Currency in RegTech

Collaborative models in financial services regulation are often met with high scepticism, as regulators and FinTechs are most seen to sit at opposite sides of the table. Innovation, maintain the sceptics, require space to grow and regulation inadvertently raises obstacles to contain the radical uncertainty it comes with. Similarly, proponents of stricter regulation view its prohibitive capacity as necessary for protecting the very users of the financial system from abuse while instilling incentives for FinTechs to be vigilant against economic crime.

In this session, I will discuss how any why collaborative RegTech models may deliver Collective Intelligence (defined as a set of superior insights generated by a network of collaborating nodes and not attainable by its members independently) particularly in the fields of Economic Crime, KYC and onboarding, and how the particular capability of DLTs for decentralised (and programmable) governance can be the crucial ingredient for potentially a new class of RegTech services. Academic & Industry Research & Consultancy on FinTech Payment Systems & Infrastructure; specialising on Anti-Money Laundering, Financial Transactions fraud, applications of Artificial Intelligence and Blockchain in FinTech / RegTech.

Member of the Financial Crime Data & Security WG (UK Payments Strategy Forum) 2015-18; HMG Counter Fraud & Data Analytics Advisory Group; TOGAF Certified Enterprise Architect; Member, ACAMS (Association of Certified Anti-Money Laundering Specialists); Reviewer & Editor; Senior Fellow of the UK Higher Education Academy (SFHEA); HEA Reviewer - HEA National Teaching Fellowship Scheme Awards (NTFS) & Collaborative award for Teaching Excellence (CATE). Who is Who in Greece (2014): http://whoiswhogreece.wordpress.com/2...