Register for P2P Conference 2022, SiBAN’s first-ever blockchain conference!
P2P Conference 2022 will be SiBAN’s biggest event with great educational, brand promotion, and networking opportunities. Participants will enjoy access to conference talks, workshops, and other learning opportunities and get to network with speakers, guests, and other conference participants. Register here.
The theme of this maiden edition of P2P Conference is CeFi, DeFi, and TradFi: Is there a need for convergence in the current divergence?
Today we are witnessing fast-growing global adoption of blockchain technology for financial services. Blockchain technology is gradually disrupting traditional finance (TradFi), permeating cross-border remittances, funding, international trade and commerce, investments, payments, and more. From decentralized cryptocurrencies to central bank digital currencies (CBDCs), the (potential) impact of blockchain technology in finance is sure to get bigger.
Understanding CeFi, DeFi, and TradFi
TradFi essentially refers to conventional banks and other conventional financial institutions who are regulated by the government.
Centralized Finance (CeFi) essentially refers to financial applications that try to bridge the gap between TradFi and modern financial applications.
Relying on blockchain which has been described as a “trustless technology”, decentralized finance (DeFi) refers to decentralized applications that use smart contracts running on blockchains.
Today, blockchain-technology applications in finance span the spectrum of CeFi, DeFi, and TradFi. From both an innovation and regulation angle, CeFi, DeFi, and TradFi currently struggle to converge, if convergence is at all desired by innovators at one end, and regulators at the other end.
CeFi, DeFi, and TradFi come with their unique pros and cons, presenting both risks and opportunities to consumers and investors. As both innovation and regulation evolve, will CeFi, DeFi, and TradFi converge or will we continue to witness the level of divergence that currently hold back the potentials of blockchain technology in finance?
With the P2P Conference 2022 theme, we wish to have an open conversation about the emergence of blockchain technology, its application across the spectrum of CeFi, DeFi, and TradFi, and consider whether a convergence of these three is the way to go for both innovators and regulators. Register here to participate.
You want to become a sponsor or partner?
P2P Conference 2022 will be a hybrid conference targeting up to 5000 participants, bringing players, policymakers, and the public together. Both local and foreign brands have the opportunity to promote their products and services while being a big part of the success of P2P Conference 2022. Click here to view the P2P Conference Sponsorship Package.
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