alright thanks everybody my name is
Patrick I am co-founder of hit Finn we
are on a theorem company and are our
mission is to provide financial services
on the Block on the etherion blockchain
essentially our offering is targeted for
financial institutions investors and
fund managers who have financial assets
that they are looking to trade on the
blockchain the the assets that were that
we're currently targeting are mainly
derivatives as well as spot trading
which allows users to sell shares of
their fund and with a derivatives
product allows users to trade
derivatives that are based on real-world
assets we support futures options and
other derivatives contracts as well as
spot trading the problem that we're
solving is that in today's financial
world it takes several days to settle
transactions and banks and other
institutions incur high back office
costs that are associated with
derivatives trading as we can see down
below here there's a costs that involved
in trade entry and reconciliation
reporting and compliance as well as
collateral management and our platform
and aims to reduce many of those costs
by using the ethereum blockchain and one
of the advantages is that on our
platform trades are cleared bilaterally
through the blockchain without the need
to go through a clearing house or in
exchange and this allows participants to
trade different kinds of financial
products as well as have much faster
settlement times
so for example if you have a bank or
fund manager who wants to directly sell
financial derivatives to their customers
they can do this through the head fin
platform some of the advantages of using
the theorem blockchain as many of you
are probably aware you have increased
security you have faster settlement
times and you know and you have much
broader access to users because anybody
with an internet connection can can
trade and can buy your assets so for
example you can have an exchange-traded
fund that's issued on the Hitchin
platform that's represented on the
etherion blockchain anybody with
theriyum access can buy the fund we also
help our users with regulatory
compliance so for example we provide KY
caml services as well as you know if the
user wants we can also build in investor
accreditation services so just to kind
of recap these are kind of the current
product offerings derivatives trading we
build a nice rest api around smart
contract on athyrium we build a nice UI
around them as well same for spot rating
if you have a crypto asset today we
currently have a stable currency that's
packed to the US dollar that we
developed as a theorem sub currency so
you can check us out at you know w WH en
calm and you know if you'd like to learn
more if you'd like to get access to our
Rui for stable currency just go ahead
and sign up or come find me you know
somewhere around the conference I'll be
here all week and be happy to answer any
questions here's just a quick screenshot
of what a derivatives contract for
example would look like and you know
here's an example of what are you I
looks like so on the right you have kind
of a contract management screen kind of
an account management screen that shows
the user how much stable currency that
they they have how much easier to have
and in this case you know you can see
notifications that the user got based on
the
they're their currency trade some of the
you know interested parties that are
interested in this kind of technology
that were you know in contact with so
you know please feel free to reach out
and you know we'd love to talk to you if
you'd like to learn more and I see my
time is up so here's our contact
information again WWF encom or you know
please feel free to reach out through
LinkedIn Twitter or email again my name
is Patrick thanks for your time