Adcca blockchain foundations fintech summit 2016
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The document discusses blockchain technology and its potential to change finance. It notes that blockchain will enable new forms of digital value and assets to be created and exchanged in a decentralized manner outside of traditional financial institutions. For accountability, it states that any accreditation of blockchain applications and systems should be subject to periodic review and potential sanctions or removal of accreditation if standards are not met. An appeals process is also recommended.
Adcca blockchain foundations fintech summit 2016
- 1. BLOCKCHAIN FOUNDATIONS Fintech Summit 19 May 2016 1
- 2. Suddenly Everyone is Talking About the Blockchain 2
- 3. Source: https://www.youtube.com/watch?v=sYduOfRLHq0 How Blockchain will Change Finance
- 4. Principle 6 – ADCCA shall manage an accreditation review and sanctions process ? Accreditation must be of real value ? Must be subject to a review process ? Must include sanctions / penalty provisions - suspension, removal of accreditation , etc ? Must include an appeals mechanism 4