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Ep. 49 - The BiPS Have Landed - A Giant Leap for Fintech?

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Content provided by Frontier Tech Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frontier Tech Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Lee Birkett describes what just happened as a world first and for them something akin to landing a mission to Mars. It's certainly hugely significant because this is the very thing that we were talking about with Mike Barrell the founder of the Security Tokens Realised conference: the tokenization onto the blockchain of regulated assets. In this case loan parts from properties, regulated by the FCA. So how did one of the smaller regulated players, from the P2P market, get there first and break this new ground? Well the fact is they were already ahead - because they were already able technologically and within the regulatory framework they worked so hard to construct to fractionalise traditional physical assets such as property and loans. Adding blockchain technology and a token they've chosen to call BiPS is simply like throwing petrol on the fire. As Mike Barrel put it last week this market is going to go quickly into the billions. You can explore BiPS here: bips.Moneybrain.com You can also read about the advent of BiPS in City AM here

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79 episodes

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Manage episode 310093003 series 3048077
Content provided by Frontier Tech Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frontier Tech Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Lee Birkett describes what just happened as a world first and for them something akin to landing a mission to Mars. It's certainly hugely significant because this is the very thing that we were talking about with Mike Barrell the founder of the Security Tokens Realised conference: the tokenization onto the blockchain of regulated assets. In this case loan parts from properties, regulated by the FCA. So how did one of the smaller regulated players, from the P2P market, get there first and break this new ground? Well the fact is they were already ahead - because they were already able technologically and within the regulatory framework they worked so hard to construct to fractionalise traditional physical assets such as property and loans. Adding blockchain technology and a token they've chosen to call BiPS is simply like throwing petrol on the fire. As Mike Barrel put it last week this market is going to go quickly into the billions. You can explore BiPS here: bips.Moneybrain.com You can also read about the advent of BiPS in City AM here

  continue reading

79 episodes

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