Open Fintech Forum, Structuring Consortia to Leverage Blockchain for the Enterprise
Event Dror Futter
Date & Time
December 9, 2019, 7:30am to 5:40pm, EST
Why You Should Attend
Rimon Partner, Dror Futter, will speak on Structuring Consortia to Leverage Blockchain for the Enterprise.
Focusing on the intersection of financial services and open source, Open FinTech Forum will provide CIOs and senior technologists guidance on building internal open source programs as well as an in-depth look at cutting-edge open source technologies, including AI, Blockchain/Distributed Ledger, Kubernetes/Containers, that can be leveraged to drive efficiencies and flexibility.
Open FinTech Forum better informs IT decision makers in the financial services sector about the open technologies driving digital transformation, and how to best utilize an open source strategy and implementation to:
- Enable new products, services and capabilities
- Increase IT efficiencies
- Establish and strengthen internal license compliance programs
- Attract top-level talent and train existing talent on the latest disruptive technologies
The most interesting blockchain use cases leverage its unique attributes to serve as the trusted source of information for an industry. In addition to providing data, blockchain allows the creation of smart contracts that can automate transactions within an industry. Most of these activities are likely to use permissioned (private) blockchains. The groups sponsoring these blockchains will need to create consortia and define "rules of the road" with respect to allocation of costs, pricing models, governance, ownership of IP, hosting of nodes (copies of the chain), membership (tiered or non-tiered) criteria and rights, standards and protocols, and more. Dror Futter, an experienced enterprise technology attorney with a blockchain focus, will highlight the operational and legal issues that industries will need to address as they form consortia to leverage blockchains.
Dror Futter is a partner in the Rimon, PC law firm. Dror's practice focuses on representing startup companies in their financing and merger and acquisition transactions and their intellectual property, IT and internet agreements. Dror was the general counsel of Vidyo, Inc., a venture-backed videoconferencing company and before that the general counsel of New Venture Partners LLC, a venture capital firm specializing in corporate spinouts. Dror was the co-founding chair of the PLI VC Law program and is a frequent speaker on legal topics at technology meetups and other startup-focused programming in the New York/New Jersey region. He is a member of the model forms drafting group of the National Venture Capital Association, the legal advisory board of the Angel Capital Association and the legal working group of the Wall Street Blockchain Alliance. Dror is graduate of Princeton University and Columbia University School of Law. He also earned an executive MBA from the American Electronics Association Executive Institute of Stanford University. Read more about Dror here.