2022-09-15, Evgeny Pentsak, “DeFi: challenges of modern financial analytics”
Evgen Pencak - Professor of Finance and Economics at KBS, contributor to KBS: Economics, Finance, Investments, Risk management. Panzak Maє degree of Doctor of Philosophy of the University of Lausanne (Switzerland). He worked as the director of the Lviv Institute of Management Business School (2004 - 2007), Vice President for Econometrics at the University of Lausanne (UNIL), Financial Mathematics at the Lausanne Polytechnic University (EPFL), Investment Practice Management at the University of Rotterdam MSIE (ERU), as well as investment director of P&S Capital Ukraine
Imagine yourself as a farmer thinking about how his business will operate next year. Will the war end? What will be the prices for mineral fertilizers and seeds? How to handle fields? What crops to grow? Or insure? Where can I get harvesting equipment? Under what contracts to sell crops, etc.
The development of computing technologies and the emergence of cryptocurrencies have created the possibility of concluding direct smart contracts between economic agents, effectively redistributing risks between them and thereby creating prerequisites for further growth in economic efficiency in local markets, taking into account the local nature of their risks.
To realize the new opportunities that new technologies give us, we need to create a simple and understandable decentralized platform for trading derivative financial instruments (smart derivatives) that can be initiated by each market participant, create analytical methods for the basic assessment of financial contracts, ensure their implementation by introducing certain algorithms into the corresponding smart contracts, using the mechanism of collateral by different parties to the transaction. Another important tool for the implementation of such agreements is the inclusion, by mutual agreement of the parties, in smart derivatives of reliable information flows that provide another participant in the platform – the oracle.
It is these aspects of the formation of modern decentralized platforms that we will talk about during our meeting.Format: webinar on ZOOMThe meeting is held within the framework of the club program.
If you are not a member of the club, a guest visit is provided for you. You can use it once. Guest visit is valid for CFO only. The organizers have the right to refuse participation, as the number of guest places is limited.
We will be happy to answer your questions.
Call +38 067 192 48 67, Svitlana Vikarenko