Fiat Infrastructure to the Decentralised Economy

Transcription

1 Fiat Infrastructure to the Decentralised Economy

2 CONTENTS Summary 3 How Did It All Start? 3 What is Knabu? 4 Utility Bank 5 Roadmap 6 Milestones 7 Token Driven Development 8 Knabu Team 9

3 3 Summary We're a DLT company, based in London. We are setting up a utility bank. Our UK bank authorisation process has started. We are also building a token project platform as a springboard for credible projects to launch quickly with built in KYC integration. How Did It All Start? The first DLT transaction was in Yet today, DLT businesses struggle to get bank accounts. Here is a Timeline of Major Initial Coin Offerings (ICOs) and DLT Development. Bitpay (BTC payment service provider) is founded Litecoin Launch Dash Launch EOS Launch World s First Digital Cash Payment Bitcoin Foundation Launch First Bitcoin ATM opens BTC soars past price of gold Foundations Transactions Contracts Applications 2016-Present Distributed Computing Develops 1st ICO & real- world trade: 10K BTC for $25 pizza 100B XRP created BTC acceptance by Microsoft for games & apps Ethereum ICO: 7M ETH sold The DAO launches with equivalent of $150M Hybrid DLT Models eg. Knabu

4 4 What is Knabu? We re are a new type entity with embedded smart contract functionality for optimal transfer of value and information in the financial services sector. What is Knabu? Digital rights Escrow Regulatory Road Map Automation Payments Bank Accounts Crypto Fiat International Payments Clearing & Settlement Token Economcs Regulatory Relationship Regulatory Engagement Compliance Expertise Token Utility Token design tools Cryptographic security Game incentivized behaviour

5 5 Utility Bank We re building Fiat Clearing Infrastructure for the Decentralised Economy. Our bank license process is already in progress. Here we re engineering from scratch for the underserved DLT sector. This what we plan to provide first: B2B Fiat Clearing & Settlement B2B Banking: - Electronic Deposits - Payments (Faster, Chaps & SEPA) Internet & Mobile B2B Banking

6 6 Roadmap A lot is involved to create a hybrid bank. It is non-trivial to combine the best of decentralised and centrlaised systems. This is our roadmap: Phase 1: Discover Bitcoin Build Regulatory Resilience Map Traditional to Decentralised Models Phase 2: 2017 Start Regulatory Approval processes: -Payments -Fiat Clearing & Settlement Phase 3: Start Technology Build Introduce Goals to UK Regulators -Universal Settlement -Public Blockchain Driven Services Phase 4: 2019 B2B Bank accounts to crypto companies Phase 5: 2020 Deployment of Public Blockchain driven products

7 7 TDD Platform We've been working on developing a DApp to incentivize good actors & reward quality projects. Tokenization itself is not new. However, cryptocurrency driven tokenization is an evolution in how we trade and transact. By enabling token projects, we help enable a cheaper, faster and safer way to transfer value and information.

8 8 Milestones As a Hybrid DLT model, we ll be tackling non-trivial problems, i.e. decentralized vs. centralised governance & value transfer Utility Banking B2B Clearing & Settlement Electronic UK Payment schemes access Electronic Deposits Payments (Faster, Chaps & SEPA) Digital B2B Banking 2020 TDD DApp Fast Track ICO KYC Tooling Turn Key Token Creation Crowd Incentivization 2019 Q Utility Bank Authorisation Process FCA Engagement 2016

9 8 Knabu Team & Advisors Gabrielle Patrick CEO Barry MacMahon CTO Janet Akala CFO Sharnjit Kaur Compliance Ian Grigg Financial Cryptography Rod Ashley Banking Diana Mihaylova Marketing, Sales & PR Tom Nabielec Mykhailo Horbunov Dmitry Tkalich Technical & Engineering