BSE to drill financial practitioners on blockchain technology

As disruptive forces in the financial services industry continue to be uncovered, Botswana Stock Exchange (BSE) will host a workshop to discuss blockchain technology in September.

The workshop seeks to provide a comprehensive and fully-fledged understanding of the opportunities presented by blockchain. “Participants will understand the underlying mechanisms of blockchain technology suitable for capital and financial markets, taking into account regulatory and operations related constraints,” said a communiqué from BSE.

The communiqué further said the workshop is structured to utilise practical and concrete examples backed by case studies and global experience. The focus will be on the practical aspects of using blockchain technology based on real companies operating in the blockchain space.

“It has been uncovered that the technology offers significant efficiency gains and risk reduction, along with new opportunities for doing business.” The workshop has been designed for various practitioners including, but not limited to, asset managers, brokers, bankers, regulators, accounting firms, lawyers and wealth management companies. 

Some of the topics to be discussed include blockchain technology: how it works, blockchain technology impact on banking and financial services, world blockchain initiatives and dispelling myths about blockchain in the financial markets and regulatory developments around blockchain technology and crypto currency.  Blockchain has attracted a lot of interest from banks, exchanges, depositories, fin-techs and other players in the securities industry.