| |
How to Prevent Smart Contracts from Precipitating a Financial Crisis
|
Speaker (s):
Randall E. Duran
Former CEO and Chairman
Catena Technologies
|
|
Date:
Time:
Venue:
|
|
22 July 2020, Wednesday
10:00am - 11:15am
This is a virtual seminar. Please register by 14 July, the webex link will be sent to those who have registered on the following day.
We look forward to seeing you at this research seminar.
|
|
About the Talk
As the adoption and use of smart contracts accelerates in the coming years, businesses' dependence on them, in conjunction with some adverse factors, could lead to global financial instability. This talk discusses how smart contracts could lead to problems similar to ones created by financial derivatives during the 2008 Global Financial Crisis. Recommendations are provided for proactive steps that can be taken with respect to smart contract technology to help mitigate these risks.
About the Speaker
Randall E. Duran served as the CEO and Chairman of Catena Technologies for 18 years. Catena Technologies was a Fintech consulting firm and Regtech service provider acquired by IHS Markit in 2020. Over the course of his career, Randall has worked with financial institutions in the United States, Europe, Asia, Australia, and Africa. Prior to founding Catena Technologies, Randall worked at TIBCO Finance Technology and Reuters PLC. He was awarded B.S. and M.S. degrees by the Massachusetts Institute of Technology (M.I.T.) in computer science. Randall is the author of the textbook "Financial Services Technology: Processes, Architecture, and Solutions" and co-author of the textbook "Bank Management: A Decision-Making Perspective".
|
