Hellow guys, Welcome to my website, and you are watching PANEL - Digital Asset Trading and Investment: Understanding the New Asset Class and its Risks. and this vIdeo is uploaded by Beryl Elites at 2019-12-19T14:18:41-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | PANEL - Digital Asset Trading and Investment: Understanding the New Asset Class and its Risks |
| Video Uploader | Video From Beryl Elites |
| Upload Date | This Video Uploaded At 19-12-2019 22:18:41 |
| Video Discription | 🔔 Hit SUBSCRIBE button and be the first to get new videos 🎬 Stay tuned on upcoming educational videos covering various aspects of financial markets and artificial intelligence. Join us on this journey of knowledge and innovation at the BERYL ELITES conference! BERYL ELITES KNOWLEDGE CENTER PANEL - Digital Asset Trading and Investment: Understanding the new asset class and its risk management strategies from the perspective of market players and regulatory advisory firms. Panelists: ❖ Suzanne Ley, Credit Agricole ❖ Sean Anderson, Shearman & Sterling ❖ Ksenia Sussman, BitOoda ❖ Mike McGlone, Bloomberg Intelligence ❖ Adil Abdulali, MOV37 and Protege Partners * Don’t forget to subscribe to Beryl Elites YouTube channel for updates * Digital assets are effectively a digital representation of a particular set of values that are recorded on a blockchain. Blockchain uses cryptography to effectively create an almost immutable proof of record of a particular transfer. There are different types of digital assets, such as Bitcoin which is a particular sort of currency that has a store of value and was created in 2008 with the notion of disintermediating traditional central trusted actors being the government’s banks. There are other asset classes as well and some of them are utilities. You can also have a securities product. Initial Coin Offerings (ICO) sounds like IPO but those products were considered to be securities under SEC so they fall within that jurisdiction. You can have the digital representation of value that could be a commodity, utility or security. Bitcoin is just one version of a blockchain and one-use case of blockchain. There are also features of blockchain that make it very useful for other thoughts of activities involve networks of people agreeing on things. When the financial crisis happened in 2008 and Lehman Brothers failed, regulators who contemplated about the Lehman bailout were lead to believe that derivative swap notional value was $400 billion. Five years later after going through all the details, the actual net amount at risk between all the counterparties was only $9 billion. That information was stored bilaterally between all the different players in the swap market and there was no transparency. If that swap contracts had been on a blockchain where everyone can look into it and see what’s going on instantly, it would be much clear that the exposures were much less than previously thought. So that’s another very useful financial use case of a blockchain. The entire cryptocurrency market is $300 billion, several large institutions could acquire that entire market easily. It really isn’t an institutional type of market yet but rather private. There are 3,100 cryptocurrencies and most of them are copycats. There is one Bitcoin and it is one battle of store value in a digital way. The cryptocurrency arbitrage hedge fund running five to ten million dollars at the most. There is 35 or 40 million wallets and there are 7 billion people in the world. Once it becomes in the billions then it will become institutionalized and be able to support that type of activity. The volatility will shrink a lot at that point and large networks is what is required to become stable. * Visit the Beryl Elites Knowledge Center at berylelites.com/bkc for more primary sources and Beryl-ROI Curated Industry News at https://berylelites.com/beryl-roi-news * 3rd Annual NYC Conference: 250 attendees, 17 panels, US$ 3 trillion in investable assets, evening networking and live entertainment. Speakers from Acadian Asset Management, AllianceBernstein, APG Asset Management, Anchin, Axioma, Baker & McKenzie, Balyasny Wealth Management, Barclay's Bank, BNY Mellon Wealth Management, Cantor Fitzgerald, China Construction Bank, Credit Agricole, Cliffwater, Chilton Trust Company, Fidelity Investments, IHS Markit, Hitachi Financial Innovation Lab, J.P. Morgan, Man Group, Mayer Brown, Morgan Stanley, M Science, Nasdaq, New York Life Investment Management, Nuveen Asset Management, PAAMCO Prisma, Point 72, Reuters, Russell Investments, Seven Eight Capital, Skybridge Capital, Sherman & Sterling, State Street Verus, The Wall Street Journal, Willshire Associates, WorldQuant, Yahoo Finance, and many more ... Copyright 2020 The Beryl Consulting Group. All Rights Reserved. |
| Category | Science & Technology |
| Tags | digital assets | crypto | bitcoin | investment conference | blockchain |
