Crypto finance and blockchain are in very early phase, ICOs are only the first wave. These models come to main stream, when we have more asset classes and instruments that are relevant for institutional investors and ordinary people. The history has show that technology disruption winners are typically new companies, it is hard for incumbents to adapt.

1. Grow VC Group ++
www.growvc.com ++
@growvc ++
Enabling Digital Finance ++
Copyrights © Grow VC Group 2018
Tokenization for all assets and instruments
Ho Chi Minh City, September 26, 2018
Jouko Ahvenainen

2. FinTech, Data & Finance
Services
Digital Infra & Consulting Exits
Grow VC Group
Worldwide pioneer and leading holding company
in enabling technology and data in FinTech
Hong Kong - London - New York - San Francisco
Crowdfunding

3. We work with industry leaders

4. Observation #1
Technology enables disruption,
but
new business models implement it

5. Incumbents Newcomers
Leading telecom and media companies
have survived Internet disruption,
but
most new business and profits have gone
to newcomers
Observation #2

6. Bank’s operations, legacy IT systems and
business models are most probably
obsolete, but
traditional finance industry money, assets
and instruments still have value
Observation #3

7. 1849 gold rush made only few gold miners rich,
but
it was mainly shovel sellers and service
providers that made a fortune
Observation #4

8. ▪ We are still in very early phase with tokenization and
distributed finance models, but we can predict:
1. Distributed models and tokenization come to all asset
classes and instruments, including truly digital
instruments, smart contracts and blockchain based
settlement
2. Traditional institutions have hard time to adapt to the
new reality, and there will be new stars in the market
3. Tokenization comes to main stream with big traditional
asset classes, not e.g. with startup equity ICOs
4. Finance becomes a plug-and-play component to many
other services
5. We’ll see a revolution in finance IT solutions, and new
technology and platforms cut IT costs to 1/100th from
the traditional banking IT
5 Predictions

9. ▪ Real time onboarding, data-driven decisioning, pricing and
unprecedented data points; e.g. totally new loan and debt
market
▪ If central ownership of data is no longer a requirement – is the
fundamental fabric of the Internet changing
▪ Open APIs (e.g. PSD2) and privacy (e.g. GDPR) are important for
data, but it is very unlikely that banks could create platform
business
Data and AI come to the core of all processes

10. 1. Many independent cryptocurrencies, ICOs and technical solutions
■ Companies and projects issue their own tokens often based on unclear underlining assets and services
■ Even if technically possible to exchange to other digital assets, exchange rates and values hard to evaluate
2. Not linked to fundamental regulatory requirements, e.g. KYC and AML
■ It is hard to believe regulators would allow anonymous users and transactions
3. So far no models to link to the bigger financial ecosystem to underwrite, syndicate and trade
■ Each service targets to have its own assets and investors, when different cooperation models in the traditional finance
sector are the key to success
4. No common models to get and use data to value, monitor and rate assets
■ A slide show or white paper is not enough to analyze any asset and especially follow, how its value develops
5. No independent 3rd parties to analyze, rate and value assets
■ Common models, practices and independent evaluations are an important part of the system to value assets and keep
the market stable; now ICOs or crypto funds can even manipulate the market
The market is still in early phase

11. My Apartment:
Current ownership 60%
Rent to investors $700
Maintenance $150
Increase or decrease your ownership
0% 50% 100%
10% decrease compensation: $49,000
Rent increase monthly: $160
Start Loan Application
Checkout
1. Take a photo
2. Upload your ID
3. Fill Application
4. Information Check
5. Decision in 30 seconds
Plug-and-play Distributed Finance (Examples)
E-Commerce Real Estate PoS Lending

12. Distributed Models change Finance and Internet

13. Case: Prifina – Consumers use & benefit from their own data

14. Intelligent Digital Finance Workflows
Finance services and applications
User Onboarding Deal Origination Compliance KYC / AML
Investment Matching Escrow / E-wallets Deal Execution
Closing & Settlement Loan Repayments Secondary Markets Reporting
- Users
- Organizations
- Offerings
- Investments
- Loan Books
- Payouts
- Transactions
- Wallets
- Deal Rooms
- Documents
Smart Contracts
and Connective
Apps
Difitek Payments | Identity | Credit Data |
Accounts
AI & Analytics
enabled digital
finance processes
Case: Anyone can make finance services without expensive IT

15. ✓ Matchmaking demand between b2b
customers and API services.
✓ One integration, global services.
✓ Generation of transactional revenue
through matching of buyer and seller
via API.
Case: APIs, API Market Place and Work Flows

16. Read more at my columns and blogs
Email: jouko@growvc.com
+44 7889 833 165 (UK),
+1 646 363 6664 (US)
Twitter: @jahven,
LinkedIn: /joukoahvenainen
Jouko Ahvenainen
Founder & Chairman,
Grow VC Group

17. ENABLING
DIGITAL
FINANCE
www.growvc.com
THANK YOU!