Basel, Switzerland
December 12-15
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Wednesday, December 12 • 13:00 - 13:10
Giving Money Identity and Purpose - Raj Cherla, Spoole Systems Pvt Ltd

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The potential of Blockchain and Crypto-currency technologies and the fervent activity in the space has made it imperative for Governments to evolve regulatory frameworks and policies to manage and leverage the technology. Some are considering National Cryptocurrencies, others giving legitimacy to decentralized ones like Bitcoin while most are waiting and watching.
An alternate to Decentralised Cryptocurrencies and distinct National Cryptocurrencies, is the 'Crypto-Fiat'. A portion of the fiat money in circulation can be overlaid with cryptocurrency characteristics, creating a crypto equivalent of the Dollar, Pound, Euro, Swiss Franc, Rupee etc.

Introduction of  Crypto into core banking areas can help deliver innovative customer features and offerings. When applied to Loans and Government finances these can help bring about Transparency and Accountability in Public Spending. 
Spoole Systems' Hyperledger based TRAX platform, built around this concept is a non-disruptive way of ushering Crypto into the economy and mainstream banking. Enterprises too can leverage the concept and platform to streamline, track and control movement of cash or other digital assets between participating intra / inter-company entities.

TRAX'  multi-tiered, multi-ledger architecture and bridge components isolate critcal tasks like Asset creation and management, from retail Asset transfer transactions.

Horizontal scalability (across organization boundaries, regions ...) and  Vertical scalability (across Custodians / Auditors / Regulators and Retail entities ...) are inherent to such an implementation.

Transaction Trees, Graphs and Dashboards, Messaging and Workflows provide intuitive asset flow and control snapshots.

avatar for Raj Cherla

Raj Cherla

Founding Director, Spoole Systems Pvt Ltd
Raj Cherla is a veteran of the Technology and Telecom industry, having worked in senior Management and Leadership positions at Tatas, Siemens and Nokia Networks. Raj is the founder and CEO of Spoole Systems Pvt Ltd, a Bangalore based start-up in the Fintech space leveraging Blockchain... Read More →

Wednesday December 12, 2018 13:00 - 13:10 CET
  Demo Theater 1