CryptoBlockCon, London, 25th October 2018
Hadley Barrett, CEO of ReMoneta, was invited to be keynote panelist at the CryptoBlockCon conference held in London’s creative digital hub, Shoreditch.
A wide range of speakers and participants were present, including Hadley Barrett, Justas Pikelis, Saleem Shah, On Yavin, among others.
The first talk of the day was “Are STOs the future or just a hype?” An STO is the popular investment structure said to be following on from ICOs. An STO is an ICO based around a security (or an asset-backed token). It is comparable with a security issue in the traditional finance market. Panelists included Hadley Barrett from ReMoneta, On Yavin (moderator), Nithin Eapen and Philipp Pieper.
The general conclusion was that STOs will work only if they have some additional purpose or value add, such as reduced regulation (cheaper), additional income streams or are directly cheaper than their counterparts in traditional finance. In case they are just another “fund on blockchain”, then they have no benefit and are just a hype.
ReMoneta is a platform allowing disruptive apps or products to be built on it. It benefits from being backed by land and providing totally free transactions, payments and money transfers.
One disruptive product in the ReMoneta eco-system is “LAND”, a currency 100% backed by the increasing value of land and thus the only currency to increase in value over time.
ReMoneta is a strongly capitalised ReFinTech company based in the EU which combines Real Estate (RE), Finance (Fin) and Technology (Tech). Visit ReMoneta.com for more information.
