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Blockchain, Cryptocurrencies and the Future of Transactions

May 20 @ 6:30 pm - 8:00 pm

MONDAY, MAY 20
6:30PM WINE RECEPTION
7:00PM PANEL DISCUSSION
Free for members; $15 for guests
How is technology transforming the world’s financial systems? JPMorgan has just announced its own new private currency system tied to the U.S. dollar. Who is this for and what is its purpose? Most cryptocurrencies are down significantly from a year ago. Why and will they bounce back and if so, how soon? Are cryptocurrencies even currencies except on the black market or merely volatile investment vehicles? A panel of experts, including Gary Gensler, Senior Lecturer at the MIT Sloan School of Management, will address these questions and more including the differences among the varied offerings, technology advancements and how widely implemented blockchains are apart from supporting cryptocurrencies.

In addition to his role at MIT Sloan School of Management, Gary Gensler is Senior Advisor to the Director of the MIT Media Lab, where he is Senior Advisor to both the Media Lab’s Digital Currency Initiative and the Ethics and Governance of AI projects. He served as the 11th Chairman of the Commodity Futures Trading Commission (2009-2014) under President Barack Obama, leading the Administration’s post-crisis reform efforts of the $400 trillion over-the-counter derivatives – or swaps market – which was at the center of the 2008 financial crisis. In recognition, he was a recipient of the 2014 Tamar Frankel Fiduciary Prize. He was also Hillary Clinton’s Lead Financial Advisor in Ms. Clinton’s campaign for President. Gensler earned his undergraduate degree in economics in 1978 and his MBA in 1979, both from The Wharton School, University of Pennsylvania.

Details

Date:
May 20
Time:
6:30 pm - 8:00 pm