Decentralized Finance: The future of finance ORAL PRESENTATION

Decentralized finance (DeFi) combines several technologies that enable the ownership and trading of financial assets without the need for a central authority - a development that has the potential to fundamentally change the current financial system and many more areas in business and government. Following the introduction of the main building blocks of DeFi such as blockchain and smart contracts, we will explore the benefits and risks of decentralized finance for societies.

Prof. Aleksander BERENTSEN, University of Basel, Switzerland, www.unibas.ch

The role of Self-Sovereign Identity and virtual currencies for economic inclusion and sustainable development ORAL PRESENTATION

Legal Identity for all (SGD 16.9) is a pre-requisite for effectively implementing smart finance and the use of virtual currencies. But, if we are to achieve smart finance and the legal use of virtual currencies, then, we would need to address a huge challenge: infrastructure availability.

Mrs Christiana ARISTIDOU, Christiana Aristidou LLC, Cyprus

Intellectual Property & Asset Tokenisation ORAL PRESENTATION

Florian DUCOMMUN will explain the notion of “asset tokenization”, expose the differences between native and asset tokens and between primary / secondary markets. He will then highlight the potential of disruption of asset tokenization / distributed ledger technology on capital markets and financial market infrastructures. Finally, he will explain the strategy for the future of the Swiss financial center and the new DLT infrastructure license adopted by the Swiss legislator.

Mr Florian DUCOMMUN, HDC, Suisse

Archiving “Health For All” in the era of digital financing ORAL PRESENTATION

The Decentralized Health (dHealth) Network is the proposition of a distributed and community-owned network for healthcare-related transactions that powers a global data-driven healthcare ecosystem. It is adapted to patients’ and industry needs and targets healthcare-related transactions without the noise from other industries. The Centiva app has developed a solution poised to transform health financing: the value of health information can be tokenized and converted into the future health currency. Through blockchain-technology people control access to their health data and get a fair reward for its use. Centiva’s goal is that everybody can afford health services by making their data shareable.

Mrs Quy VO-REINHARD, HIT Foundation and Centiva Health, Switzerland

Finethics: an immersive serious game to build your ethics in finance ORAL PRESENTATION

Finethics is an immersive serious game created by Grenoble Ecole de Management in 2018 to take up the following pedagogical challenge: "How to make strong ethical dilemmas emerge and confront finance students with them in order to enable them to survive, to explain them, to analyze them in order to enable students to better act on the next dilemmas they encounter".

The communication focuses on the way in which the assets of the game as well as the total immersion of the learner support this issue. The aim is to highlight the relevant game levers to meet this need and also to demonstrate the added value of immersion (Virtual Reality) to meet this challenge.

This serious game has been designed to also support companies and businesses in the field of finance to start questioning ethics and finance.

Mrs Isabelle PATROIX, Arnaud RAFFIN et David COURTY, Grenoble Ecole Management, France, https://www.grenoble-em.com/serious-games

Building Vibrant, Inclusive, Green and Prosperous Neighbourhoods Towns, Cities and Regions ABSENT

Throughout human history, and in particular during the past 30 years, complementary forms of money and credit have been invented in order to strengthen social and economic resilience. In this presentation we will examine what has been done, and how it points to the future of a money that promotes cooperation, stability, sustainability and social resilience to climate change and other crises.

Mr Stephen DEMEULENAERE, Qoin Foundation, Canada, https://www.qoin.org

Cryptocurrency and Blockchain for Democracy ORAL PRESENTATION

Gabriel Jaccard is a PhD candidate at the University of Geneva his thesis studies smart contract under swiss law. In addition, Gabriel is very active at political and associative level. Notably, he holds the position of Vice-Chair of the Regulatory Working Group at the Crypto Valley Association. Firstly, we will discuss the role of private instruments of payment as a democratic tool. We will review some of the regulatory reactions that were taken, from prohibition to adoption. Finally, we will discuss how cryptocurrency might be an incredible tool for democratic ideas. Secondly, we will discuss the use of blockchain for voting system and as a democratic tool. We will review some of the projects that use this technology. Finally, we will discuss how blockchain can be an efficient solution for democracies.

Mr Gabriel JACCARD, Université de Genève, Switzerland

New technologies in the tax matters: the way forward ABSENTE

New technologies as blockchain, DLT, ML, even robotics have some characteristics which could be useful in the new digital age we are living in. Imperativ for tax authorities is to follow and implement new technologies for the benefits for the both sides: tax authorities and taxpayers and citizens. Developing cryptocurrencies is another aspect that is very interesting for tax purposes. Challenges of the digital era, bring tax authorities and governments possibilities to embrace advantages of new technologies to achieve their strategic goals: increasing compliance, timely collecting the taxes, providing quality services to the taxpayers and citizens and preventing tax frauds. Exchange information between countries in real time is crucial.

Mrs Ksenija CIPEK, Ministry of Finance, Croatia