R Vivekanand , Head – TCS Financial Solutions
Global Head – QUARTZ
The panel , moderated by R . Vivekanand , Head of TCS Financial Solutions and Global Head of Quartz , featured :
l Adrian C . Bürgi , Managing Partner , Lloyd ’ s & Partners AG
l Lucas Landolt , Director Operations , Lloyd ’ s & Partners AG
l Shiv Kumar Bhasin , Chief Technology and Operations Officer , National Stock Exchange of India
Discussion topics included cryptocurrencies , crypto trading , the role of traditional banks in decentralized finance , asset-backed coins and stable coins , tokenization , regulatory initiatives , and specific initiatives in India , Switzerland , Australia , and elsewhere around the world . The panelists also explored the specific uses of Quartz for banks and investment firms .
Investors in most countries are , in general , showing interest in holding crypto assets as part of their portfolio . These assets provide many benefits including portfolio diversification , lower transaction costs , flexibility , and better accessibility 24x7 . Crypto assets will therefore become one more asset class along with traditional asset classes such as equities and debt instruments .
Tokenization of assets will require multiple aspects coming together : operations expertise , legal support , regulatory approval – and a robust IT platform to manage the entire life cycle of tokenized assets .
It is possible and necessary to bring together traditional / legacy and new age technologies . New technologies cannot thrive on islands . Quartz solutions are built on the principle of Coexistence , Integration and Interoperability .
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