Date(s) - 04/04/2019
4:30 pm - 6:00 pm
Blockchain technology – building for a smarter future?
This is an opportunity to consider the transformational power of technology and new business opportunities it creates. The seminar will consider:-
- What is happening in this space of blockchain.
- Security token offerings: are they an alternative form or project finance or equity issuance?
- Potential opportunities, not only in the technology sector, but also legal and business.
- The potential to take advantage of those opportunities.
Doors open at 4.30pm for seminar at 5.00pm
Our speaker is Jack Thornborough, Head of Compliance for the Pillar Project.
The Pillar Project is a blockchain company building an open-source, blockchain-based wallet that will evolve to become a personal digital assistant and the dashboard for an individual’s digital life. Jack deals with a number of legal issues ranging from compliance to data protection. Jack is also on the board of ‘20|30’ as the Head of Compliance and MLRO, undertaking projects leveraging blockchain technology, namely tokenising equity for UK based issuers which is currently in the FCA Sandbox.
Jack has a background in offshore taxation and structuring and has worked in top 50 law firms in London for 6 years, before joining 20|30 a year and half ago. He has also worked in law enforcement for 8 years and has experience in dealing with fraud, financial crime, proceeds of crime, and money laundering.
Over the last year he has put in place 20|30’s regulatory compliance programme as well as developing a mechanism for companies to tokenise their equity to reduce the cost and increase the speed of primary issuances, and ensuring they comply with the regulatory regime in the UK. This mechanism is currently being tested in the FCA Sandbox, and he is working with the London Stock Exchange Group to test the secondary trading on regulated trading venues.
He is currently working on a number of projects including the tokenisation of a venture fund in Europe, a renewable energy project funded by a tokenised fund in India, and working with UKLA to leverage technology to reduce the regulatory burden of the prospectus regime.