Workshop “Tokenization of Assets and Rights” with d-fine on October 23, 2019 in Frankfurt
d-fine and the FSBC are offering a hands-on workshop all around the topic of tokenization on blockchains for SMEs. If you are interested and would like to participate, the next paragraphs will give you further information. If you want to apply as a participant, please fill out the application form (5 minutes).
What is the content of the workshop?
In the workshop, we address the following question: How can SMEs benefit from tokenization on blockchains? Tokenization describes the two-step process of (1) creating a digital representation of an (asset) value, including any contained rights and obligations, and (2) making it transferable. The tokenized value can be virtually anything, from a real estate project or a painting to platform usage rights to equity or debt.
A representation of these assets on a distributed ledger is established with a smart contract, a piece of software that can automatically execute contractual terms and immutably store the resulting state in the network. While the use of private keys secures transactions and value transfers on the blockchain, the link to the real-world asset usually poses a challenge, as oracles, trust, or risks of default and fraud remain, for both businesses and consumers.
In this workshop, we will talk about the necessary steps to take for successful tokenization, look at existing tokenization projects, and illuminate advantages and challenges in several examples.
During the team sessions, participants will then develop additional business ideas that can be enhanced or streamlined with tokenization. In a subsequent discussion, we will finally evaluate these ideas together, such that the different facets and key aspects of the matter become visible to all. Basic blockchain knowledge is required in order to participate in the discussions.
If this topic is of interest to you and you would like to contribute to EU policies and regulations for blockchain sign up below and join the discussion in our workshop. The results will be added to an EU report for our Blockchers project and presented in front of the EU to improve and reform EU policies.
Blockchers is a new Horizon 2020 project which will facilitate the revolution of distributed ledger technologies, DLTs, across European SMEs. We are managing a fund of 750,000€ aimed at financing real-world use cases across the EU of blockchain technologies in traditional sectors. We are monitoring constraints, issues, and difficulties SMEs are facing through the implication process of blockchain solutions. Read more here: www.blockchers.eu
Location, date and application
- Location: Frankfurt School of Finance & Management
- Date: Wednesday, October 23rd, 2019
- Time: 14:30–18:30
- Language: English
- Application required by filling out this application form (5 minutes)
- Maximum number of participants: 30
Agenda
14:30 Entrance and networking
15:00 Welcome and start of the event
15:10 Introduction and presentation of the use case
15:45 Break
16:00 Group discussion (5 Person per group, 1 question each)
17:00 Break
17:10 Presentation of findings in front of all, bigger discussion 10 min. each
17: 50 Conclusion and wrap-up
18:00 Networking drinks
Who is leading the workshop?
Dr. Marc Henniges, a physicist with an emphasis on the application of machine learning, is a manager at d-fine and responsible for the firm’s blockchain activities in the area of tokenization. In this role, he manages the maintenance and improvements of a token offering IT platform as well as the implementation of smart contracts. He uses his comprehensive insights in blockchain topics to help clients in structuring their token offerings — from project management to token economics.
Dr. Matthias Hirtschulz is a theoretical physicist by education and Senior Manager with d-fine. He heads the blockchain activities of d-fine and drives blockchain-related projects for large and small clients. Matthias has a vast experience in different kind of blockchain projects from enterprise blockchain, digital asset market infrastructures to token offerings.
Who should participate?
- Tech-savvy individuals looking to deepen their knowledge and get hands-on experience
- Students curious to take a closer look at the technological aspects of blockchains
- Employees with a background in e.g. finance development, identity management, digitization in all industries, etc.
- Developers and architects willing to contribute their knowledge
- Analysts confronted with the application of technologies
Besides the theoretical overview, the workshop will provide the participants with deeper knowledge of the topic as well as the opportunity to be part of a discussion group, tackling the constraints, issues, and difficulties SMEs are facing through the implication process of blockchain.
About the Frankfurt School Blockchain Center
The Frankfurt School Blockchain Center is a think tank and research center which investigates implications of the blockchain technology for companies and their business models. Besides the development of prototypes, it serves as a platform for managers, start-ups, technology and industry experts to share knowledge and best practices.
Remarks
More information about the Frankfurt School Blockchain Center on the Internet, on Twitter or on Facebook.
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About the Authors
Manelin Moarref is a blockchain expert and project manager at the Frankfurt School Blockchain Center. She is the co-author of a blockchain journey and you can contact her via mail (manelin.moarref@fs-blockchain.de), LinkedIn or follow her on Twitter (@ManelinM).
Prof. Dr. Philipp Sandner has founded the Frankfurt School Blockchain Center (FSBC). From 2018 to 2021, he was ranked among the “top 30” economists by the Frankfurter Allgemeine Zeitung (FAZ), a major newspaper in Germany. He has been a member of the FinTech Council and the Digital Finance Forum of the Federal Ministry of Finance in Germany. He is also on the Board of Directors of FiveT Fintech Fund, 21e6 Capital and Blockchain Founders Group — companies active in venture capital financing for blockchain startups and crypto asset investment management. The expertise of Prof. Sandner includes crypto assets such as Bitcoin and Ethereum, decentralized finance (DeFi), the digital euro, tokenization of assets, and digital identity. You can contact him via mail (m@philippsandner.de) via LinkedIn or follow him on Twitter (@philippsandner).
