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March 03, 2023 8:30AM - 10:00AM — Friday Morning Coffee Meetup

Friction in Finance: Open & Closed Blockchains' Walled Garden War

Event Details

One of the unique attributes of decentralized finance is "trustless technology" that allows anonymous counterparties to be accountable to one another, minimizing counterparty risk. This reduces friction for international payment settlements and has nurtured the newest iteration of FinTech facing retail investors and consumers. For years this was the standard.

The introduction of more cautious institutional investors has introduced a friction point: disregarding trustless tech in favor of a permissioned Blockchain that takes a walled-garden approach to all counterparties and data. And open Blockchain becomes a closed system. Centralization is anathema to DeFi purists, but bankers prefer to know all counterparties and mitigate all potential risks. The battle rages on.

  • Friday — March 03, 2023
    8:30AM - 10:00AM
  • FoundrSpace Coworking
    85 N Raymond Ave
    Pasadena, CA 91103
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The Organizer

Friday Morning Coffee Meetup

Friday Morning Coffee Meetup is a weekly speaker series that highlights local innovators and provides the local community an inside look on the innovation happening in our city.

Location information

Parking Information

Parking is not provided unless otherwise noted in the event description. Near the venue, there should be convenient public parking lots, street parking, or metered spaces nearby.

FoundrSpace Coworking
85 N Raymond Ave
Pasadena, CA 91103

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March 03, 2023 8:30AM - 10:00AM — Friday Morning Coffee Meetup

Friction in Finance: Open & Closed Blockchains' Walled Garden War

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