Adel ▲ Conference ▲ A Community Incubator for Blockchain Innovation ▲ e.conomia

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Networking and building partnerships is key to the success of Adel and our community. Continuing with our speaking lineup, we were one of only five startups to speak at Fintech (r)evolution, an innovator conference hosted by the Media House of Economia and sponsored by Czech National Bank. This opportunity was thanks to our partnership with Deloitte.

Gabriel Dusil, co-founder & board member, Adel

Abstract

▲ Networking and building partnerships is key to the success of Adel and the community. Continuing its speaking lineup, Adel is one of only five startups to speak at Fintech (r)evolution, an innovator conference hosted by the Media House of e.conomia and sponsored by Czech National Bank. Adel’s Co-Founder Gabriel Dusil was chosen out of 140 startups reviewed by Deloitte, a pitch at the Fintech (R)evolution Conference. Each startup had only six minutes to pitch their company and four minutes to answer questions from hundreds of senior executives from Central European’s finance and banking sector.

Presentation

▲ Here is the video of our presentation:

▲ Here is the presentation on SlideShare:

▲ Here are the native powerpoint slides:

17.Oct.25 – Prague · Adel, Community Incubator for Blockchain Innovation (e.conomia, v2.0).pptx

More Conferences

Check out our other Adel Ecosystem conferences:

▲ Innovation in Banking

▲ Bitcoin & Blockchain Conference ▲ Prague

▲ Living the Blockchain Revolution ▲ Warsaw

▲ Startup Incubation with Blockchain Communities ▲ Stockholm

▲ Startup Incubation with Blockchain Communities ▲ London

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Adel ▲ Opinion ▲ 10 ▲ Blockchain Will Transform Retail Lending

Blockchain Will Transform Retail Lending

By: Gabriel Dusil, co-Founder & General Manager, Adel Ecosystem Ltd.
John McLeod, Founder, JEA Associates Ltd.

One of the great surprises of the Blockchain revolution is that banks continue to occupy a near monopolistic position within financial services, despite their obvious and much-publicized inadequacies. In the UK alone, five high street banks account for 80 percent of SME businesses, and control over 80 percent of domestic bank accounts. Even with the advances made with the digitalization across communications, media and computing industries, their hold remains as tight as ever.

Traditionally this stranglehold has been attributed to high barriers-to-entry, not least regulation and capital ratios for potential lenders. However, in an era where anyone with a car can become a taxi driver and anyone with a spare room can become a guest house, it’s realistic for people with spare cash to become a lender. Since the Renaissance, banking has been carried out on an institution-to-consumer basis or an institution-to-institution basis. Legal and accounting frameworks governing banks have, by and large, remained the same for half a millennia. In fairness, there have been some useful inventions pushing the financial agenda forward – such as online banking, ATMs and credit/debit cards – however, the benefactors of these financial systems reside overwhelmingly in the developed world. With over two billion unbanked in the world, the need for a more equitable and inclusive approach has never been greater.

The use of blockchain technology, particularly smart contracts, has the potential to disrupt the entire retail banking sector, creating a decentralized peer-to-peer network that enables people to borrow and lend in a more streamlined manner. Programmatically settling pre-agreed terms and conditions between two parties was not possible just a few years ago. This is still contingent on account holders willing to take on the same risks as banks, evaluate an creditworthiness, pre-arrange written contracts with customized terms and conditions, and at what rate. When these parameters are met then money can be automatically paid, without the need for a human intermediary. This is the basis of smart contracts.

The benefits of blockchain for retail lending encouraged greater competition. Financial monopolies are finally challenged by virtual currencies, and billions of people in developing markets can have access to loans that were previously too expensive or inaccessible.

The current centralized financial industry has enormous disparities in global lending interest rates. Today, the inflation-adjusted interest rate in different countries varies based on available liquidity. In high liquidity markets such as Europe, interest rates are between 0.5 to 5 percent. In lower liquidity markets such as Russia, they are at 12 to 15 percent, 12 percent in India, and as high as 32 percent in Brazil. These dramatic differences demonstrate a clear inequality. Interest rates for microloans in developing countries are between 30 to 40 percent on average, making borrowing impractical. Interest rates for decentralized lending on the blockchain is a streamlined solution to this disparity. Consumers from developing countries can have access to the same lending services as people from highly liquid markets.

These benefits go beyond just fairness and inclusivity. Blockchain radically improves on the problems associated with legacy systems, transaction latency and transparency. It still takes three working days to approve loans, or transfer money between cross-border accounts. In blockchain this transaction is carried out in minutes, using just an internet connected smartphone.

For the first time in history blockchain service providers (BSP) have the potential to create a fairer and more inclusive lending environment. Dated infrastructures, fragmented governance and economic borders are often cited as why financial lending fails on a global scale. A recent report by McKinsey cited that Blockchain technology and inclusion in the digital economy could boost GDP of all emerging economies by six percent. That translates to $3.7 trillion by 2025. The role of retail banks, in both developed and developing markets, in promoting sustainable and fair services has been questioned. Accessibility, fair terms, and transparency have denied large chunks of the world’s population to banking services that developed countries have enjoyed for decades. Smart contract technology provides the solution to disrupting this elitist source of finance. The potential gains and benefits to global economics and society are on the horizon. The question remains: Will people take advantage of it?

More Articles

Check out other articles:

▲ The Next Evolution in Crypto Trading

▲ Paving the Way for Crypto Financial Instruments

▲ Crypto Trading for Everyone

About the Authors

Gabriel Dusil, co-Founder & General Manager, Adel

John McLeod, Public Relations, Adel

  • John has spent nearly a decade working for a number of leading public relations firms in London, focusing primarily on PR management in the financial services sector. John’s expertise includes blockchain technology and the evolution of cryptocurrencies in financial services. That’s why he recently founded his own consulting firm, JEA Associates Ltd., which is specifically positioned to communicate the value proposition of this burgeoning technology. John has spent the past year successfully executing campaigns for a digital currency consultancy, decentralized financial solutions, and online payments platforms.
  • LinkedInhttps://uk.linkedin.com/in/john-mcleod-a323799

Adel ▲ Conference ▲ Startup Incubation with Blockchain Communities ▲ London

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At this London event, Adel spoke about blockchain innovation in front of an audience of 200 a major European conference dedicated to ICO investments. Smile Expo’s event focused on ICOs and drew a diverse crowd of investors, government officials, banking and fintech executives and hundreds of journalists.

Gabriel Dusil, co-founder & board member, Adel

Abstract

▲ At this ICO Conference, Adel’s co-founder explores the foundations of a community-based ecosystem, to fuel blockchain innovation. This presentation focus on the challenges of building a streamlined environment for creativity, and an efficient execution of successful projects that will use blockchain technology. Idea Incubation is discussed from the perspective of blockchain opportunities in Fintech, Healthcare, eGovernment, Information Communication Technology (ICT) and the Internet of things (IoT). Topics include Adel’s Idea Incubation, I2, Project Planning, P2, and Enterprise Execution, E2 process. Successful projects will be incubated through a well architected Wiki process that combines of People Process and Technology.

Presentation

▲ Here is the video of our presentation:

▲ Here is the presentation on SlideShare:

▲ Here are the native powerpoint slides:

17.Oct.11 – London · ICO Summit (Smile Expo).pptx

More Conferences

Check out our other Adel Ecosystem conferences:

▲ Innovation in Banking

▲ Bitcoin & Blockchain Conference ▲ Prague

▲ Living the Blockchain Revolution ▲ Warsaw

▲ Startup Incubation with Blockchain Communities ▲ Stockholm

Adel ▲ Conference ▲ Startup Incubation with Blockchain Communities ▲ Stockholm

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At this event we spoke to blockchain and bitcoin enthusiasts, on “How blockchain incubation will change the world”. This event focused on the implementation of blockchain and cryptocurrency.

“Experts share their experience of implementing Blockchain in governmental institutions (Govtech), banking system, trading, media, healthcare and other spheres. We will discuss all the aspects of creating innovative IT products – from the emergence of idea to entering the market.”
Smile Expo

Gabriel Dusil, co-founder & board member, Adel

Abstract

▲ In Stockholm’s Bitcoin & Blockchain Conference, Adel’s co-founder explores the creation of a community-based ecosystem, to fuel blockchain innovation. This presentation focus on the challenges of building a streamlined environment for creativity, and an efficient execution of successful projects that will use blockchain technology. Idea Incubation is discussed from the perspective of blockchain opportunities in Fintech, Healthcare, eGovernment, Information Communication Technology (ICT) and the Internet of things (IoT). Topics include Adel’s Idea Incubation, I2, Project Planning, P2, and Enterprise Execution, E2 process. Successful projects will be incubated through a well architected Wiki process that combines of People Process and Technology.

Presentation

▲ Here is the video of our presentation:

▲ Here is the presentation on SlideShare:

More Conferences

Check out our other Adel Ecosystem conferences:

▲ Innovation in Banking

▲ Bitcoin & Blockchain Conference ▲ Prague

▲ Living the Blockchain Revolution ▲ Warsaw

Adel ▲ Seminar ▲ The Revolution that is Blockchain ▲ PwC

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Adel was invited by PricewaterhouseCoopers to speak at their innovation breakfast in Prague. This was a closed-door event with the aim to share ideas, inspire PwC senior consultants and partners, and discuss various world changing topics and trends. It was an honor to be their keynote speaker that morning.

Gabriel Dusil, co-founder & board member, Adel

Abstract

▲ Adel’s co-founder explores the creation of a community-based ecosystem, to fuel blockchain innovation. This presentation focuses on the challenges of building a streamlined environment for creativity, and an efficient execution of successful projects that will use blockchain technology. This presentation covers blockchain from aspects of Blockchain market spending forecasts to 2024, Geoffrey Moore’s Crossing the Chasm, Gartner’s Hype Cycle ‘17, opportunities & threats, and blockchain’s future. Gabriel also discussed the phenomenon of blockchain’s popularity, in the context of its ideology and disruptive nature in horizontal and vertical industries.

Presentation

▲ Here is a video of our presentation:

▲ Here is the presentation on SlideShare:

▲ Here are the native powerpoint slides:

17.Nov.1 – Prague · PwC Innovation Breakfast (v1.8).pptx

More Seminars

Check out our other Adel Ecosystem presentations:

▲ Paralelni Polis

▲ Setting the Stage for a Community Blockchain Incubator

▲ Bitcoin & Blockchain Conference, Prague

▲ How to Build a Community Blockchain Incubator

▲ Anatomy of the Blockchain Evolution ▲ Deloitte

Adel ▲ Conference ▲ Living the Blockchain Revolution ▲ Warsaw

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This was one of the largest blockchain events of the year with 1,400 of the biggest names in cryptocurrency meeting in Poland. The biggest exchanges, payment providers, leaders in fintech, miners, traders, ICO participants and crypto-maniacs were eager to discuss trends and new opportunities for innovation at this summit.

Our most active member, Robin Jansen also attended. It was great to meet up and talk crypto with such an experienced blockchain expert.

Gabriel Dusil, co-founder & board member, Adel

Abstract

▲ Adel’s co-founder discusses the blockchain paradigm, and how it has begun to change global society. This presentation focuses on the disruption of the “Religion of Money”, through the creation of bitcoin, as the first and truly global currency. The crypto-economy is “For the people, by the people, and of the people”. Topics of this presentation include Idea Incubation, Project Planning, and Enterprise Execution. Gabriel also discusses the phenomenon of blockchain’s popularity, in the context of its ideology and disruptive nature in horizontal and vertical industries, fueling opportunities in Fintech, Healthcare, eGovernment, Information Communication Technology (ICT) and the Internet of things (IoT).

Presentation

▲ Here is the video of our presentation:

▲ Here is the presentation on SlideShare:

▲ Here are the native powerpoint slides:

17.Dec.1 – Warsaw · Cryptocurrency World Expo.pptx

More Conferences

Check out our other Adel Ecosystem conferences:

▲ Innovation in Banking

▲ Bitcoin & Blockchain Conference ▲ Prague

Adel ▲ Seminar ▲ Anatomy of the Blockchain Evolution ▲ Deloitte

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We first met with Deloitte representatives at a TechCrunch Startup event in Prague earlier in the year. Our presentation sparked their request for this executive seminar and Q&A session a few months later. This was part of Deloitte’s Innovation Breakfast series, with a goal to educate their staff on the latest trends in the ICT market. We were honoured to be their keynote speaker.

Abstract

▲ Deloitte’s Innovation team in Prague organized a special seminar for their senior executives, around the topic of blockchain. Co-founder Gabriel Dusil was invited as their keynote speaker of this event to introduce Deloitte’s future leaders to the world of cryptocurrencies. This presentation covers blockchain from the aspect of market sizing, Roger’s Adoption Curve, Gartner’s Hype Cycle ‘17, opportunities & threats, and blockchain’s future. Gabriel also discussed the phenomenon of blockchain’s popularity, in the context of its ideology and disruptive nature in horizontal and vertical industries.

Presentation

▲ Here is a video of our presentation:

▲ Here is the presentation on SlideShare:

More Seminars

Check out our other seminars here:

▲ Paralelni Polis

▲ Setting the Stage for a Community Blockchain Incubator

▲ Bitcoin & Blockchain Conference, Prague

▲ How to Build a Community Blockchain Incubator

Adel ▲ Opinion ▲ 4 ▲ A Collaborative Blockchain Incubator

▲ Incubator Series

By:  Gabriel Dusil, Co-founder & Board Member, Adel
Jessica Allen, Blockchain Enthusiast & Social Media Expert

A Collaborative Blockchain Incubator

Most blockchain initiatives had a singular goal: to introduce a new blockchain platform (Ethereum, July 2015; Lisk, May 2016; Waves, January 2017). More recently, projects began to appear to focus on launching a more fintech-focused service linking blockchain to gold such as Digix Global[1], or Ether ETF, the first ever Ethereum-related Exchange Traded Product (ETP) in the United States[2].

With so much innovation in blockchain, is there a market to consolidate ideas into a single platform?

  • What about an ecosystem that encourages diversity across many industries with a vision of collaborative success?
  • Similar to the crowdfunding success of Kickstarter, a startup incubator that will legalize projects and help them be successful.
  • A single platform that unifies people from various industries, disciplines and regional backgrounds to accelerate idea development and implement real-world projects.
  • A community that enables innovation and equity ownership in projects.

The incubator model[3] has proven itself effective because people bootstrap ideas into viable projects without requiring exorbitant amounts of seed capital. Combining startup incubation with collaborative workspaces[4] is a rapidly growing phenomenon. These environments provide local space for startups to form and allow users to share resources and expertise to cross-pollinate ideas. They leverage business services like human resources and effectively manage funds.

Economies of Scale Through Collaboration

These new approaches to startup incubation demonstrate the need for efficiency, cost savings, and community in order to give ideas momentum. Efficiency is created by using investment funding in an ecosystem where multiple industries work together. Sometimes the best ideas come from disparate disciplines joining together to create something new which could not have been realized in isolation. The relationship between medicine and engineering has proven this synergy for several decades[1].


Figure #1: Adel Community Modules

Merging real-world incubator initiatives with virtual collaborative workspaces is the vision of Adel Ecosystem Ltd. Adel’s global incubator will include six online modules (Figure #1) with the intention of fostering collaboration.

  • A collaboration module will be a discussion forum to fuel ideas, as well as develop business plans for ideas that the community supports.
  • A voting module will enable a democratic vote by members.
  • A project module will show a bi-weekly status of project operations and success metrics.
  • A market module will be used to sell products and services from those projects, as well as post job vacancies in the various projects. Addition modules will be introduced, including one for currency trading.
  • Wrapping up the modules are the account and trading modules which show the status of the member’s wallet and allow them to send and receive coins with other members of the community.

Adel co-founder, Gabriel Dusil, is up for the complex challenges ahead, commenting, “Our decentralized and virtual incubator has its challenges, but we will manage that. As leaders and curators, it will be our responsibility to make sure that efficiency is maintained and momentum is sustained. When we see that there is a constructive effort to move ideas forward then we have the responsibility to make sure that process continues to flow. That is one of our main responsibilities as curators of the community”.

About the Authors

Gabriel Dusil

Gabriel is a seasoned sales and marketing expert with over twenty years of experience in senior level positions at companies such as Motorola, VeriSign (part of Symantec), and SecureWorks (part of Dell). His strengths lie in international business development and strategic partnerships, as well as the unique ability to translate complex ideas and technologies into language that decision makers can easily understand. Gabriel has a Bachelor’s degree in Engineering Physics from McMaster University in Canada and possesses expert knowledge in cloud computing, IT security, and video streaming technologies (Over the Top Content, OTT). Gabriel also runs his own company, Euro Tech Startups s.r.o., and manages two blogs: https://dusil.com/ and https://gabrieldusil.com/.

Jessica Allen

Jessica is a blockchain enthusiast and social media community expert with over 25 years of technology and 15 years of digital marketing experience.  As a mother of two, Jess is passionate about blockchain’s potential to innovate industries, unite communities and create a sustainable global economy.  She brings the ability to create conversations with anyone, at any level, about blockchain use cases and potential.  Jess is active on social media @TheJessAllen and volunteers her time with the Isha Foundation to help share the benefits of yoga and meditation as fundamental tools for human transformation.

References

[1] https://www.asme.org/engineering-topics/articles/bioengineering/top-5-medical-technology-innovations and http://medicalfuturist.com/top-10-medical-technologies-of-2016/

[1] https://www.dgx.io

[2] http://www.zerohedge.com/news/2017-04-26/ethereum-surges-all-time-high-sec-considers-ether-based-etf

[3] https://www.inc.com/john-rampton/top-10-hot-incubators-to-join-in-silicon-valley.html and https://www.forbes.com/sites/tomiogeron/2012/04/30/top-tech-incubators-as-ranked-by-forbes-y-combinator-tops-with-7-billion-in-value/#6b70519d51f3

[4] https://hbr.org/2011/11/inventing-the-collaborative-workspace

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