Int’l Blockchain and Future Tech Community and Conferences

What’s happening worldwide as the blockchain community builds?

How do you get into this important network?

Where do you want to “see and be seen”?

Join The Our Shawn for the Future Done Right(TM) Show as we explore what we are seeing and what we need for the future.

Business Builder and in-the-know blockchain community member Manuela Sedvartaite joins us for the show.

**NOTE: This is a general discussion of legal ideas and is not legal advice. You must consult counsel to get legal advice based on your facts and circumstances. Do not rely on the content of this message without consulting a lawyer. No attorney-client relationship is formed by this video.**

Here is the YouTube video:  https://youtu.be/mv4GFo3dRMA

REMEMBER: More videos on the future economy are available at http://futuredoneright.com

Below is a machine transcript of the interview —

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Hey everyone want to see our Sean, welcome to another edition of the future done right. Show. Today we have man. Well, a sweat inverting or. That’s my best attempt that the pronunciation. I may have Bosch that she’ll correct

 

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But she’s joining us today. She’s, she’s a very active member of the International blockchain a future tech community. So I’ve, I’ve seen her popping up for a while on different themes and then we started chatting we’ve become friends. But, uh,

 

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She’s out a lot of conferences and she’s seeing what’s happening in the community. So I wanted to stop and and and grab grab her and grabbed a few other people who’ve been added a lot of events.

 

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To bring them onto the show to say, what are they seeing what’s going on. Obviously into a very volatile right now crypto currency in particular.

 

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And some changing sentiments from that. So we’ll talk a little bit about that as we dig into the show.

 

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For those of you don’t tune in as well. I’m Dr. Sean I

 

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Am a corporate lawyer by training I help people with everything dealing with ownership and control their business. So that might be a merger. It might be a capital raise might be a partnership agreement.

 

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Might be a contract negotiation and well it has, among other things, a trading platform that she’s part of that she’s building up like

 

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To talk a little bit about that during the show today. So we’ll dive into that, but our main goal is to talk about here at what’s going on out there what opportunities are out there and what you should be looking for.

 

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As you’re out and about, I remind everybody, we have a common contest. So we’re reading the comments where you drop them the

 

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Comments, we invite them on to the show. So we’re reading those looking at those and as always remind folks, we do not do investment advice or legal advice on the show for those items can stop Pfizer’s and. Well, welcome to the show. Thanks for joining us.

 

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Well, thanks for having me.

 

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Yes, halfway around the world, you’re, you’re in Europe right now you’re back in Germany, I take it,

 

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Yeah. Yes. After traveling transforming the globe. You know, you’ve covered the whole

 

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Asia to Europe and then far south.

 

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To the yes but you have the access

 

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To us a while. Right. Yeah.

 

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So yeah, I’m in the US. So if the globe here right now. So, so what are you seeing out there. You just, you just attended to conferences or was it did two conferences in a row right

 

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I mean, I’ve been. I’ve been on the road for like last month and a half. So it started with the multiplication summits and

 

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I was in Lisbon for the, you know, biggest Technology Conference, which is the Web Summit London Moscow in Singapore. We just finished the black show yeah coin telegraph right and we had a really, really cool event at Bloomberg last Friday in London.

 

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Yes, that’s really where we see the you know the industry is moving towards so yeah a lot of a lot of interesting conferences and a lot of traveling and kind of

 

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Yeah, you’re always one place or another. So with the crypto, you know, doing what it’s doing here with the valuations dropping versus the theocracy. What, what are people saying, What are they thinking right now.

 

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I mean, some people a little disappointed others you know don’t really care. Some of them to care about

 

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The fact that you know the total market cap drop from, like, I don’t know 800 million, a billion in 208 billion today.

 

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Which is like massive shift. And if you look at bitcoin, right, I mean, the value is what 3400 today so

 

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Last year actually check this out. I what last year, December 11. It was actually at 16,800 and 3400 so

 

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What sort of course, maybe I mean it’s a massive

 

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Point fell 80% OF THE PRICE RIGHT, which

 

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Is a massive change. So the same time it was an abnormal growth last year, they weren’t really from the traditional lowest price, you know, current status, we do see is no people

 

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Looking at the trends we probably won’t see a big growth, you know, anytime soon. Yeah. But even though the markets, a bearish at some point, you know, the will reverse and kind of growth.

 

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Yeah, these are the potential and the technology, you know, and the environment and they have the day I’m quite I’m quite bullish because you know there is more adoption.

 

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There is more that we’re in is growing, you know, institutional are coming in city is going the right direction, even though the numbers might show a little bit different. At the moment, but I think

 

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You know, this will be will be positive change.

 

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Now, a lot of us are are in enlightened are excited about the growth potential of the currency and the fundamentals. Right. I mean, there’s a reason for cryptocurrency to exist if it facilitates a lot of transactions, it’s

 

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Easily tradable it, it will be transportable in a way that you know fiat currency hasn’t been it also breaks down. So the banking structures are certainly reasons for it.

 

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But, uh, I guess the, the concern has been, you know, was this do as far as investor interest in getting investors in the door, getting them to jump into cryptocurrency it’s really going to slow that side down. I think a lot of people think. What are people saying on that front.

 

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Say investments are there.

 

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I told the Bloomberg event right we had each other so funny. He’s a president and chief investment officer to bump up is like a multi million or maybe even billion dollar fund say what he says all about diversification right he says they diversified diversify.

 

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Their traditional fun and they’ve invested into virtual currencies, including Bitcoin take part in what they do not invest into icos which is completely different thing.

 

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But you know investments into virtual currencies happen and they will probably continue to have

 

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Now the ICO market or the SEO market, you know, we see we see a shift in there.

 

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So I do believe that securities will be of, you know, bigger interest to the traditional investment, just because you know, then they actually have something more substantial. You know, in their hands.

 

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Right are

 

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You getting the regulatory environment around that is quite tricky and

 

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It.

 

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Will you know being built. Hence, we will see maybe 612 18 months you know where this actually going in, whether the token ization of all as the school actually happened.

 

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What it is moving to what’s that side.

 

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Yeah. So what are people talk of it. You know what the things I always talk about here is the Americans and how confusing our regulatory system is, you know, I’ve been a US lawyer for a long time. And of course, we got

 

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Regulators jumping in and you know I hear a lot of our international friends just don’t want to do business with the Americans.

 

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How bad is it out on the

 

51

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Street. That’s what I had as well.

 

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Yeah, I mean, people tend to say that we should stay away from, from the States. But I mean, everyone has their own choice and I know this one in the States. And they’re quite successful. So it is tricky. I think Europe is a bit more, you know, forward looking

 

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When you’re trying to get some sort of regulation in place you’re at the General tab that could be in Malta, Switzerland, even the UK. Right. So everyone is really working towards, you know, setting up some sort of regulation.

 

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In Asia, I think in Asia, it’s the, it’s actually interesting because, I mean, I just came back from Singapore. So when you look at Korea or Japan. Yep. The buzzes delay, you know, I mean, it’s only the West, who’s actually quite slap you.

 

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Know this kid, they’re like, yeah, go do it. They still invest into ICU is, you know, there’s

 

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So many run into some issues around it. There’s so much was around everything

 

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Is great.

 

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But at the same time, it’s quite inspiring right case. I mean, he has a big market so

 

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You’re right, if it grows, grows really fast and high numbers. Yeah, that’s one of the positives as well, right, because

 

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Yeah.

 

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I found Asia to be fascinating because, yeah, they’ll, they’ll just do it anyway. Right. Sometimes they don’t care what the regulatory environment is like we’re gonna do it. We’ll figure it out and

 

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I did a lot. I do a lot of Chinese deals at one point in my career, you know, they were just always caught with some work around regulation work around regulation work around, and it was just, it was just an attitude of, we will do it.

 

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Yeah, but I mean, China has been, you know, it’s quite

 

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Stringent environment.

 

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You know the elements wanted to operate in certain ways. So it is I think within the mentality of finding ways around it and now it’s good to have a separate question right what you know I think as long as the consumers are protected in certain ways.

 

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That will they able to make informed decisions. It’s fine. Um, other than that it will see a shift. Either way, it’s just a matter of time. Yeah.

 

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Exactly so. So what’s been your takeaway from the conferences mean you obviously there’s a community building around this right. It’s pretty active community. You see a lot of same figures out there.

 

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Oh, you know what’s been your experience with the conferences and hasn’t been worthwhile for you. What’s building from there.

 

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Yeah, so, um, I think the industry is maturing and it’s maturing the law. So if you look, you know, three years that that’s when I entered the space but

 

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It was I live in Hong Kong back then. So, you know, there were a lot of around the globe that a lot of kind of geeks.

 

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On something cool, you know, trying to make it work.

 

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But, you know, it was, it was a very tech focused environment. And then we know this was in 2017 right which is like crazy everyone’s on the boat. I love to be opened. Well, you know, expected, probably, you know,

 

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Promising big returns without a high risk. Hence, you know, I think last year was. I mean, it was madness. Let’s

 

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Write

 

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The word got out everybody was supposed to buy a lot of retail investors to start buying on speculation. Right. It was like, oh, it’s going to the moon. We’re gonna get it.

 

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Yeah i don’t i don’t think those times will come back. No, but I think we had a Fulbright

 

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And those who those who got into that niche.

 

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And I think that’s exactly what we see now right say there was a lot of buzz. And now I think it’s really filtering out again. So, the market is on

 

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People who were not really interested. They were just kind of playing around the out of the game.

 

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Industry players case, you know, you can’t just response right you have to go propositional ways of raising equity or maybe selling tokens. But then the effort into raising capital became much higher

 

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Hence, we don’t see a lot of these, you know, all kind of one day white paper and you know let’s respond anymore.

 

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Which is good because now when you go to the conferences, you actually see a lot of substance right and i mean multi boxing summit, it, it shows you the buzz and they when they said there’s so mantle is he’s the organizer of the multiplication summit, they expected 2000 people

 

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Yeah, he 8.5 thousand people.

 

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Well hey have it was all the machine and the crypto people

 

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Yeah, it was.

 

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Needing right everyone from around the globe flute in they did a good, you know, marketing, then marketing strategy, but also was a lot of buzz.

 

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Now,

 

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The blockchain was also a little bit similar it was little series on the investment side. But when you look into rubric. So, last Friday.

 

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They had invent it cooked or summit in the headquarters in London.

 

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Is a lot of substance. Right. So a lot of people from, you know, the institutional

 

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Markets kind of people who really want understand how the banking and financial services industry works. And you know what actual value of crypto currencies could be long term and how the

 

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Environment is evolving, etc. So this gives you really a lot of hope because when we go to these meetings and we we are there to shape.

 

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The future, right. We are there to help others understand because I mean just the fact that, you know, Bloomberg or some of the other big banks right that the getting into this

 

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Then there’s, you know, I mean, there’s probably opportunity to earn and get money from but at the same. It’s something that’s been here for 10 years basically

 

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Yeah, probably two years and like two, three years but buzz around it, but the long term implications becoming more more play. Nobody knows where this is heading to

 

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You know, these could be, you know, usually just, I mean I wouldn’t be speculation. It’s just like everyone has a different opinion, where this is going. Right, right. You see blockchain.

 

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Technology here and applications of it, say we don’t know what’s the long term impact on application. But we know that it’s going to be here and then companies invest millions into it, you know, a lot of reasons. A lot of you know can use cases already said.

 

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There’s

 

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No pictures one off application as well so

 

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Right there’s there’s definitely fundamental reasons for the technology. I think the real question is with

 

101

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Kick in first, how they how they get home and what that looks like. And that’s what that’s what nobody seems to know right now, right, is what direction.

 

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The fundamentals are there chain technology is what it is. And it’s been worked out. Now the question is channeling into applications, which I think we, which I think is very interesting, you know,

 

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An aside here on cryptocurrency in the US with all our regulatory environment. You know you had bitcoin, get out there first and the US regulators have now said that perhaps it’s so decentralized that it’s

 

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not subject to the same securities regulations as some others. So they kind of got a free pass. I guess maybe you want some of the US regulations, unless they go back later on something.

 

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I’m

 

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Not an expert on the US regulations right now if you talk about this. Is it cute tokens right so backed

 

107

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By a tangible assets right so tokens to be, you know, have as a catalyst for revolutionising in and kind of catalyzing investment space. So, for they sought out the challenges and the regulatory framework or don’t know

 

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If the still needs to be developed a job. How should they be regulated. What are the legal boundaries of, you know, this fractional ownership.

 

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And the long term impact of that so token ization is happening. It’s happening slowly.

 

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But you know if they wouldn’t be

 

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The thing is regulations is a very difficult thing, right, because every country has their own you know kind of frameworks and

 

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People have different opinions. So to shape it on like really high level. It’s not easy and it takes time. Now we want to pass the kids. We are in the industry. We have to make decisions tomorrow. So when I talk lawyers. I was like, Please give me an end. I mean, your lawyer.

 

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To you and you wouldn’t give me a clear answer I get upset you know

 

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10 different lawyers and they give me 10 different opinions. Yep. It exhausting. You know, you want to see the clarity is on their hands running comes really really tricky.

 

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Will see you kind of have to take risks on the regulatory environment which don’t really want to do or have no guidelines. So what are you supposed to say, yeah.

 

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Yeah, I think you’re not the only one is feeling that space, you know that’s that’s a very common feedback is, you know, nobody knows which which will wreck this and the regulatory environments. It’s a mess. I mean,

 

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Yeah, I mean, we’ve been talking, you know, I mean the conferences I met my you know friends from like we’ve been in the conference for like in our last two days.

 

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Yeah, we like you know soon we’ll figure this out. The thing is, we don’t figure out the regulator part we just keep changing the strategies, according to whatever it’s happening and

 

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Also because every two, three months, you kind of change your whole entire scope of how you work and what needs to be done and what is the strategy. How would you position yourself. You know what kind of what’s your target segment, like a lot of these questions, say, you know,

 

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Your vision changes based on the environment that changes from either we’re rapidly and crypto space, right.

 

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So we also pick a very fast response from the

 

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regulator’s but we don’t get it.

 

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Right. How does that impact running a company. I mean, I mean really mean when you’re running a business and you’re actually out there wanting to offer a service. And what do you, what’s the practical side of it.

 

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Well, I mean it’s, um, it’s extremely difficult, right, so what’s your time you endless resources.

 

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Human Capital what social financial side right from the same time it’s it’s your it’s your mental energy because you have to be constantly on your toes. I mean, as a start up you on your toes all the time anyways.

 

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Right.

 

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Being a blockchain and crypto startup.

 

128

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So anyone who’s into printer. I think they would realize that this is like. It’s insanity or say

 

129

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You know, every time I would go for conference that would come back and like talking to my team, saying, look, we’re going to change this and this and they’re like Ben.

 

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Can you yeah you know

 

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That’s what it is. And that’s another thing about the you know blockchain and crypto spaces.

 

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There’s nothing you can learn from and that comes back to the community building right

 

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Yeah, so to discuss the SU if you go to normal conferences, when there’s a party in a club or whatever people actually dancing and relax.

 

134

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If you go to conferences. You want anyone on the dance floor, they will all be in the bar area talking

 

135

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All dogs.

 

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All about to talk all the time because yes to your experience, you know, you have to share your ideas and your vision and kind of how you do business. How do you solve problems like you know

 

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Right, I don’t know, banking, so all these things. They’re like the the the spirit in the blockchain conferences is kinda it’s a little bit different from how the other conferences look like even in the technology space, right.

 

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Yeah, I find it interesting. Yeah, the fast moving and the uncertainty Pro is a whole nother level, I guess from everybody else so

 

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I mean, there’s a lot of passionate people and you know it’s always interesting to talk to them because everyone has different views and it’s not. It’s really a right or wrong, it’s, you know, the just all different, and we’re going to see kind of you know who actually spoke the truth.

 

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Yes.

 

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Folks, a little bit about what you’re doing as we wrap up here. What, tell us about your company and what you’re working on.

 

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Yeah, say I’m the coupon associate trade, which is a

 

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Decentralized asset management marketplace. So next traders and investors based on the past performance data of the trader, so it is meant

 

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For traditional asset classes so stocks, bonds commodities Forex as well as cryptocurrencies right so we pulled a crypto change and we are building the you know brokerage particle

 

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At the same time, we also have a PHP crypto to fear lending platform which we do B2B sales so you know anyone who’s really running crypto choose whatever they can implement the past. So basically what we do. I mean, you know, it will be offered in the fintech space, it just

 

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Kind of, it’s on the blockchain as well. So we build financial products on the blockchain. And some of them are cooked related some other one off.

 

147

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And if diversify. So the long term impact will be lay on the industry.

 

148

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Very good, fantastic. How do people get ahold of you.

 

149

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Well, you can always reach out to me on LinkedIn or email.

 

150

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Because, you know, so some trader comes, it’s quite easy.

 

151

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Very good. A big team right with those people required decentralized

 

152

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That’s another thing is

 

153

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When you ask people, where you from actually don’t tell you anymore, which is a centralized

 

154

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Not in Canada. Yeah.

 

155

00:20:39.840 –> 00:20:47.790

Yeah, yeah, it’s actually like that like I asked them, we were in Singapore and asked, like five different people. So a farm like we base at least you know use

 

156

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It.

 

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Some way.

 

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They went right

 

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Into like it’s like a new thing.

 

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That’s a cook, to walk right you’re constantly

 

161

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Constantly. So you don’t want to have a home anymore. We don’t really know where you belong. You know,

 

162

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So, so that’s kind of you the new trends.

 

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There’s some, there’s some concept here in the US, you know, the Uber driver had the other night when I came home from the airport. He, he’s an RV or he just happened to be in town driving, but he

 

164

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Him and his wife just travel the country with their kids and their RV and they just go place to place to place. That’s been happening for a while, but the crypto version of its new

 

165

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Exactly. I mean, it’s been my life to it is quite exhausting. But at the same time, super exciting. So

 

166

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That’s where you need to be. Yeah, yeah.

 

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I was. We want to see the different, you want to make a difference. Right. We want to educate, we want to change you want to help the industry’s to, you know, take hold of, you know, where we believe is the right thing.

 

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That’s why we are there and that’s why you know we constantly

 

169

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You know, travel as well.

 

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Alright, and we’re very fluid world right now, especially when we talk about regulatory, you know, we see in regulatory competition so

 

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There are people flowing where the regulatory environment pushes them right if they have an opportunity to one country versus another. They’re moving. So it’s a very interesting time right now.

 

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Folks, you know, we asked you, like, comment, share. So if you’re watching this, our goal is to wake people up, get them thinking about new things let your friends know like comment share we’re reading those comments.

 

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So I remind you. Also, we don’t do investment advice or legal advice. Everything here is just for your education, go talk to your own advisors.

 

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And reach out to us as needed. There are past videos and there’s upcoming episodes all at future done right calm, so you guys can check that out there, man. Well thanks for thanks for a great session. It was really wonderful and insightful. I know people will enjoy it.

 

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So I’m thankful it too. Yeah.

 

176

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That’s cool. Alright, well let me let me stop the recording here. Thank you everybody for joining us today.

 

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