Company: KBC

1. Koen Vingerhoets – @IthronKoen on

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Blockchain is not a loose cannon
Some things are often forgotten in the blockchain space… but as bank, we can not afford to do so.
Three words are needed to scale
Liability
GovernanceRegulations

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Private permissioned ledgers
Trusted financial institutions create a secure environment on the infrastructure that already holds your money.
Public
Private
BTC 1984
? KBC
Permissionless Permissioned

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Our blockchain projects
Our approach is to develop useful and needed blockchain capabilities for the day after tomorrow.
We’re working on projects in…
• KBC Trade Finance
• KBC Bank – Payments
• KBC Bank – Credits
• KBC Insurance
• KBC Securities
• KBC Corporate Banking
• R3 CEV
• B-Hive.eu
• Belgium (with other financial actors)
…

5. Focus on making things better, not just adding stuff.

6. KBC Trade Finance| we.trade

7. Internal
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Our History
Blockchain brought us together
in 2017
• Built a consortium out of 9 banks
across Europe
• Designed a solution benefiting our
members and our clients
• Established a Joint Venture
around a cutting-edge technology
• Developed a concept to allow
other banks to participate
• Put in place an effective
governance

8. KBC Insurance | Document Authenticity

9. Every digital asset
deserves a hash
on a blockchain.
BHAG : Big Hairy Audacious Goal

10. KBC Bank – Credits | Car Loans

11. Expand the network!

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Belgian Blockchain Institute?
As soon as a node runs more than one solution, there will be interference.
An open question
How to govern
an infrastructure
with blockchains?
- Updates on nodes across companies/projects?
- Onboarding of new partners on nodes?
- Code validation?
- …?

13. Koen.Vingerhoets@kbc.be
Twitter : @IthronKoen