Nordic Fintech Symposium 2022

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Nordic Fintech Symposium 2022

Nordic Fintech Symposium 2022

When and where

Date and time

Location

Celebration Hall at University of Copenhagen Frue Plads 4 1168 København Denmark

Map and directions

How to get there

About this event

Our Nordic Fintech Symposium will bring together the world's top fintech researchers, giving you access to groundbreaking research directly applicable to companies in the industry. Historically, inventions and innovation have always been rooted in deep research knowledge and the Nordic Fintech Symposium will make sure that fintech industry leaders and top researchers together can collaborate to make sure we build greater things, to provide as much societal value as possible in the shortest possible time. Anyone with an interest within the area of valuable business applications with strong research behind it is guaranteed benefit by joining us this day. Join us in a true paradise for researchers' created business applications in the astounding and historic Celebration Hall at University of Copenhagen.

08:00-08:45 - Check-in

08:45-09:05 - Welcome session with Thomas Krogh Jensen, CEO, Copenhagen Fintech

Theme: New digital business models

09:05-09:50 - New business models, sustainable finance and capital market conditions

The transition towards a green economy will require a radical rethinking of current business models, including in the financial sector.

This panel will be focusing on emerging new business models in the area of sustainable finance and what impact they will have on future capital market conditions.

Panel:

Lars Ohnemus, Director of Center for Corporate Governance, CBS

Marc Steffen Rapp, Prof. Business Administration, Marburg Centre for Institutional Economics

Thorbjørn Lundholm Dahl, Acting Head of Group Sustainability, Danske Bank

Thomas Ritter, Prof. Market Strategy and Business Development, CBS

09:50-10:05 - Break

Theme: Tech for the good society

10:05-11:00 - A case study on DLT to create a green financing path to Net-Zero

Panel debate with introductory presentations.

Speakers:

Simon Haldrup, CEO, Agreena

Fritz Henglein, Head of Research, Deon Digital

Lars Henningsen, Special Adviser, Danish FSA, Department of Financial Technology

Søren Andresen, Subject Matter Expert, BEC Financial Technologies

Christian Thygesen, Partner, Capital Market Partners A/S

Henrik Axelsen, PhD Fellow, Department of Computer Science, University of Copenhagen

Moderated by Thomas Krogh Jensen, CEO, Copenhagen Fintech

11:00-11:30 - Is fintech a new sector or just technology for an existing sector?

Speaker:

Romeo V. Turcan, Professor, Aalborg University Business School

11:30-12:00 - Challenges and opportunities enabled by new regulation; how can regulation enable business models?

Speaker:

Alexandra Andhov, Associate Professor of Law & Technology, University of Copenhagen

12:00-13:00 - Lunch break

Theme: Technological drivers for new financial solutions

Session A: New financial instruments

13:00-13:35 - Contract specification for finance

Smart Financial Instruments (SFI) is a new DLT-based platform for securely issuing financial instruments ranging from ordinary fixed-rate bonds to carbon credits and KPI-linked green bonds, trading and settling them in real time. SFI's secret sauce is CSL, its smart contract specification language, which expresses term sheet and contractual obligations separately from their execution. In this talk we present new results on multicurrency/multiresource support and the (peculiar) notions of (calendar) time used in financial contracts, to be included in future versions of CSL. Their message: Algebra is your friend.

Speaker:

Fritz Henglein, Head of Research, Deon Digital & Professor of Programming Languages & Systems, University of Copenhagen

13:35-14:10 - Descending from the Ivory Tower: My adventures in Fintech

War stories from twenty years of dabbling in fintech with cases such as optimal mortgage and pension choice, swap valuation, stable coins tied to currency baskets – and sports betting.

Speaker:

Rolf Poulsen, Professor of Mathematical Finance, University of Copenhagen

Session B: Quantum Finance

14:10-14:45 - Quantum Computing, opportunities and challenges for finance

Quantum computing promises to fundamentally change the way we compute. In that it will not provide the ‘everything will be a little faster’-progress, but instead promises to provide an exponential speedup to some problems and not to others. We are currently trying to find out, which is which. You will be given a quick feel of what makes quantum special, give examples from finance (e.g. portfolio optimization), and touch upon the impact of quantum on our secure communication infrastructure.

Speaker:

Matthias Christiandl, Professor of Mathematical Sciences, University of Copenhagen

14:45-15:15 - Break

Session C: Decentralized Finance

15:15-15:50 - Smart contract verification for DeFi

Smart contracts provide the means to implement the logic of DeFi applications. Implementation, however, can exhibit unexpected behaviour leading to vulnerabilities. In 2021, cryptocurrency-related crimes, including smart contract attacks, resulted in losses of approximately $14 billion. This number is dominated by DeFi applications, suggesting that software quality plays a crucial role in the adoption and further development of DeFi technology. Formal verification uses mathematical tools to ensure that an application behaves according to its specification. We present an overview of ConCert - a smart contract verification framework developed at the Concordium Research Centre (Aarhus University). ConCert utilises proof assistant technology to specify, implement and generate executable implementations of smart contracts. We cover some typical examples of DeFi applications verified in ConCert and discuss integration with the Concordium blockchain infrastructure.

Speaker:

Danil Annenkov, Researcher at Concordium

15:50-16:25 - When is a DAO sufficiently decentralized

Decentralized Autonomous Organizations (DAO) have grown rapidly in recent years. Global regulators increasingly voice the intent to regulate DeFi activity. This may impose an excessive compliance burden on DAOs unless they are deemed sufficiently decentralized to be regulated. Yet, decentralization is an abstract concept with scarce legal precedence. We investigate dimensions of decentralization and propose a definition of “sufficient decentralization” and present a general framework for the assessment of decentralization.

Speakers:

Henrik Axelsen, PhD fellow, University of Copenhagen & Omri Ross, Associate Professor, Programming Languages & Theory of Computing, University of Copenhagen & Chief Blockchain Officer, eToro

16:25-17:00 - Money in future payments

The change in new and old currencies: CBDC – Central Bank Digital Currencies, cryptocurrencies, fiat money, e-Money, and other assets.

Speaker:

Jonas Hedman, Professor in Digitalization, Copenhagen Business School

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