Through the years, we have definitely witnessed the development and proliferation of Decentralized Finance (DeFi), and evidently, it is definitely one of the fastest growing sectors of the cryptocurrency industry. Join us in the DeFi fireside chat on 20th February, 2PM (SGT) with Chye Kit and John Gu in the Innovator stage at UNICON 2021 as they discuss and share their thoughts on the Rise of DeFi, address the risks and challenges that lie ahead of DeFi, and how Regulatory Technology (RegTech) can help address some of these concerns.
A little introduction on the event, UNICON 2021 is Southeast Asia’s largest student-led Tech & Entrepreneurship conference organized by NUS Entrepreneurship Society with support from NUS Enterprise. The conference serves to unite international student entrepreneurs, local start-ups, angel investors and venture capitalists to create a global network of innovators.
The 30-minutes fireside chat will give audiences a deeper insight into the world of DeFi. As opposed to the traditional Centralised Finance (CeFi), DeFi depends heavily on technology and aims to provide a more transparent and equitable financial ecosystem for everyone that facilitates instant and extremely fast transfers, where users have the flexibility to transact and trade whenever and wherever they want.
As much of a convenience and benefit it brings, this form of finance is still facing hostility and criticism from various parties. Concerns such as whether DeFi will be able to provide equal or even better solutions for services previously provided by CeFi is inevitable. And if the same set of rules that apply to traditional financial platforms should be applied to DeFi platform as well? With all these challenges and uncertainties in place, the speakers will be sharing how RegTech can help address these concerns, enhance risk management and regulatory compliance for a safer financial system.
Join us this coming Saturday on 20th February, 2PM for a more in-depth discussion on DeFi and we look forward to an insightful discussion with you! Get your tickets here: http://www.bit.ly/UNICON-LI
About Cynopsis Solutions
Founded in 2014 and headquartered in Singapore, Cynopsis Solutions offers RegTech solutions designed to digitise and automate Compliance and regulatory processes, in particular know-your-customer, anti-money laundering, and counter-terrorism financing. Cynopsis Solutions’ accolades include MAS FinTech Awards (2018), RegTech100 (2018, 2019) and Financial Times Top 50 High Growth Companies in Asia-Pacific.
Our end-to-end KYC/AML solutions are designed according to the global FATF recommendations, applicable to more than 180 jurisdictions and is already helping more than a thousand B2B customers in the Banking, Financial Services, FinTech and Cryptocurrency, Professional Services and Gaming sectors globally.