Keynote Speech at Russian Calling Conference - VTB Capital in Moscow Russia in October 2017. Inspirational, Motivational and Leadership Keynote speech about Technological Disrupting such as Fintech, Blockchain Technology, Bitcoin, Cryptocurrencies. Learn more about Futurist Keynote Speaker Monty Metzger at http://blog.monty.de Monty Metzger is telling case studies and success stories from his ceo learning journey and investment globally. He had been travelling to 45 countries and key innovation hubs to discover the latest technology trends, strategies and tools. #Leadership #Management #LearningJourney #siliconvalley #cryptovalley #telaviv #tokyo

1. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 1
TECHNOLOGICAL
DISRUPTION IN BANKING:
NAVIGATING THE FUTURE OF DIGITAL
VTB Capital
October 26, 2017
Moscow, Russia
Monty C. M. Metzger
Partner, Digital Leaders Ventures
Chairman, DigitalLeaders.co
web www.monty.de
twitter @montymetzger
MONTY.de

2. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 2
Will technology disrupt banking
as we know it?
MONTY.de

3. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 3
Tipping Point for
Banking and Finance
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4. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 6
MONTY.deMonty C. M. Metzger
Twitter: @montymetzger
Founder Internet Agency in 1997,
while still at school - at the age of 18
Studied Economics and electronic Marketing
in Germany & Switzerland.
Founder Future Research Company (2003) with offices in New
York, Munich, Beijing and Tokyo - Exit 2008.
Book: Mobile 2020 - A Vision of the future of mobile
communication for the year 2020. (published 2009)
Founder Digital Leaders (2013) as a network of influential leaders
in technology, hosting executive tour programs & conferences.
www.DigitalLeaders.co
Founding Partner Digital Leaders Ventures (2014) - Technology
Venture Fund headquartered in Luxembourg www.DLV.vc
Strategic Partner at the FIA Smart Cities - Global Startup Contest
held alongside the Formula E racing series globally.
Bitcoin Investor since 2013
DLV to launch several Blockchain & Bitcoin related fund projects.

5. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 22
1. Revolution
Steam, Water,
Mechanics
1780+
2. Revolution
Electricity, Machines,
Mass-Production
1870+
3. Revolution
Computer, Electronics,
Internet, Mobilphones
1950+
4. Revolution
Internet of Value
Blockchain,
Bitcoin & Co
2010+
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6. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 23
Digital
Technology
Digital
Business
D
igital
Leadership
D
igital
C
ustom
er
MONTY.de
Digital Leaders
Formula

7. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 24
Digital
Technology
Digital
Business
D
igital
Leadership
D
igital
C
ustom
er
MONTY.de
Digital Leaders
Formula

8. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 25
Demanding Consumers
in a world of algorithms and data
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9. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 26
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We are drowning in data,
but starving in wisdom.

10. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 27
Digital
Technology
Digital
Business
D
igital
Leadership
D
igital
C
ustom
er
MONTY.de
Digital Leaders
Formula

11. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 28
445m
Subscribers
101,443
employees
$82 bn
Company Value
$0.8m
Value per employee
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Digital Business
Exponential efficiency?

12. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 29
WhatsApp
445m
Subscribers
101,443
employees
$82 bn
Company Value
$0.8m
Value per employee
$19bn
Company Value
1bn
Active Users
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Digital Business
Exponential efficiency?

13. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger
Digital Business
Exponential efficiency?
30
WhatsApp
55
employees
445m
Subscribers
101,443
employees
$82 bn
Company Value
$0.8m
Value per employee
$345.5m
Value per employee
$19bn
Company Value
1bn
Active Users
MONTY.de

14. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 31
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Digital Business
What do these companies have in common?

15. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 32
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Uber, the world’s largest taxi
company, owns no vehicles.
Facebook, the world’s most
popular media owner, creates
no content.
Alibaba, the most valuable
retailer, has no inventory.
Airbnb, the world’s largest
accommodation provider,
owns no real estate.
Digital Business
What do these companies have in common?

16. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 33
Digital
Technology
Digital
Business
D
igital
Leadership
D
igital
C
ustom
er
MONTY.de
Digital Leaders
Formula

17. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 34
How to adapt the
Silicon Valley Mindset?
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18. © 2016 Ahead of Time GmbHAhead of Time 35
Lean & Quick
LEAN
THINKING
WARNING:
Contains common sense.
MONTY.de

19. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 36
Trial & Error
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20. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 37
Moonshot Thinking
Exponential Thinking
10x
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21. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 38
Moonshot Thinking
Exponential Thinking
10x
Huge
Problem
Breakthrough
Technology
Radical
Solution
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22. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 41
Digital
Technology
Digital
Business
D
igital
Leadership
D
igital
C
ustom
er
MONTY.de
Digital Leaders
Formula

23. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 42
Digital
Technology
Digital
Busines D
igital
Leadership
D
igital
C
ustom
e
MONTY.de
AI
Blockchain
Robotics
Drones
VR / AR
Communication
FinTech
HealthTech

24. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 43
Digital
Technology
Digital
Busines D
igital
Leadership
D
igital
C
ustom
e
MONTY.de
AI
Blockchain
Robotics
Drones
VR / AR
Communication
HealthTech
FinTech

25. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 45
In BLOCKCHAIN we trust,
for all the rest we use
ARTIFICIAL INTELLIGENCE.
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26. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 47
Mobile Payments
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27. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 48
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India’s $4 Freedom Phone

28. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 49
Mobile Payments
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29. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 50
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PayKey

30. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 51
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‚A peer-to-peer electronic cash system‘
Satoshi Nakamoto, October 2008

31. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 52
Cryptocurrencies
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32. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 53
Blockchain
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33. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 54
Blockchain
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A blockchain is an electronic distributed ledger or list of
entries – much like a stock ledger – that is maintained
by various participants in a network of computers.
SEC

34. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger
The new technology of trust.
Goldman Sachs
55
Blockchain
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35. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 56
Blockchain is to the money,
what Email was to the letter.
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36. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 57
Blockchain
Commerce - Accepting Bitcoin for payments
Loyalty Program - Instant Trusted Ledger
Identification - Authentication
E-Residency - Estonia eCitizenship
Energy - Peer 2 Peer Energy Trading
What impact will Blockchain
have on Finance and Banking?
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37. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 58
Blockchain
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Source: Global Blockchain Benchmarking Study
Cambridge University, 2017

38. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 59
CryptoCurrencies
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Besides Bitcoin there are more than
1.000 other CryptoCurrencies all based on Blockchain
Ethereum, BitcoinCash, Litecoin, Zcash, Ripple, Bancor, etc.

39. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 60
CryptoCurrencies
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For the first time in the history of the world, anyone can
now send or receive any amount of money with
anyone else, anywhere, instantly, basically for free,
and it is impossible for anyone to stop them.
Roger Ver, Bitcoin Expert

40. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 61
bitcoin
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41. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 62
First fully decentralised and open
currency in combination with a
payment protocol network and
build in trust.
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42. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 63
First fully decentralised and open
currency in combination with a
payment protocol network and
build in trust.
MONTY.de
A decentralized peer-to-peer network
> The bitcoin processing power.

43. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 64
First fully decentralised and open
currency in combination with a
payment protocol network and
build in trust.
MONTY.de
A public transaction ledger as a public record of all
transactions
> The blockchain.

44. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 65
First fully decentralised and open
currency in combination with a
payment protocol network and
build in trust.
MONTY.de
A protocol and math-based network setting of rules for
independent transaction validation
> The bitcoin protocol.

45. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 66
First fully decentralised and open
currency in combination with a
payment protocol network and
build in trust.
MONTY.de
The integrity of this ledger is backed and secured by a
of the subnetwork of computers who audit and archive its
transactions for a reward.
> Proof-of-Work algorithm (Mining)

46. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 67
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Turning „don’t be evil“
into „can’t be evil“
no company… no middleman … like a language

47. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 68
Internet of Value
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48. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 69
Value of Bitcoin
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49. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 70
Value of Bitcoin
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Gold?
Many common aspect of bitcoin and Gold -
both is scare, durable and not widely used
But bitcoin has some advantages -
it’s divisible, portable, easy to store,
difficult to counterfeit

50. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 71
Value of Bitcoin
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Money?
According to the IMF Bitcoin fulfils at least two
of the three primary requirements of money
already today
YES store of value
YES medium of exchange
NO accepted by sovereign governments
> But that is also changing.

51. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 72
Value of Bitcoin
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Amazon:
Revenue 2016: $140 billion - 3% average
transaction fees are approx. $4+ billion a year.
Profits are $ 4+billion per year.
Amazon could double their profits
by doing all transactions in Bitcoin.
Amazon could create a own currency
to increase loyalty, reduce costs and
empower their market place with 3rd party
vendors.

52. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 73
Value of Bitcoin
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Remittances:
International remittance is the transfer of
money by a foreign worker to their home
country.
In 2016 global remittances were
over $600+ billion dollars.
Western Union fees for remittance can run
from about 4 percent to 20 percent or more.

53. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 74
Value of Bitcoin
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Status:
Bitcoin has currently approx. 15 Million Users
with approx. 70 Million Wallets.
There are approx. 14 Million Bitcoin in the
market as of today.
The supply of bitcoins is fixed at 21 million and
each bitcoin can be divided into a hundred
million pieces.

54. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 75
Value of Bitcoin
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Status Quo:
Bitcoin Market Cap of $100 Billion USD
Approx. $1 billion daily transaction volume,
which is >50% of cryptocurrency market.
Bitcoin passed $ 6.000 USD
on October 21st 2017.

55. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 76
Value of Bitcoin
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56. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 77
Value of Bitcoin
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Uplift via Financial Crisis:
Cyprus 2013:
Cyprus freezes all bank accounts, restricting
all withdrawals and transfers of money.
Crisis introduces bitcoin to the world as an
asset class immune to bail-ins and fiscal
mismanagement; price of a bitcoin increases
10x.

57. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 78
Blockchain
Opportunities
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58. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 79
Opportunities for Banks & Central Banks
‣ Asset Transfer
‣ Clearning and Settlement of Securities
‣ Financial messaging system
‣ Syndicated loans
‣ Trade finance
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63% of Central Banks are
involved in trials or projects
Source: Global Blockchain Benchmarking Study
Cambridge University, 2017

59. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 80
Banking the Un-Banked
‣ 2.5 Billion adults (half the global population)
are underbanked/ unbanked.
‣ 2/3 of the unbanked do not have enough
money to use a bank.
‣ A Bitcoin wallet allows anyone to send and
receive money, much like a bank account,
only quicker and without fees.
‣ A Bitcoin wallet is free - all you need is
Internet access or a data connection.
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World Bank Financial Inclusion 2011

60. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 81
bitcoin 1x1
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61. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 82
Be your own Bank
Get started with Bitcoin in 5 Min
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Bitcoin will be accepted in over
300.000 stores in Japan in 2017.
1. Get A Wallet
2. Buy / Trade Coins
3. Spend Bitcoins,
Invest in ICOs or other Crypto Coins

62. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 83
Keep it save
Offline Bitcoin Wallets
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63. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 84
ATM Network
1.700 + Bitcoin ATMs globally
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64. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 85
ICOs
Blockchain Equity funding vs. ICO Funding
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Initial coin offerings have raised more than $2B in
2017 YTD. More than 250 ICOs have taken place since
January 2016, with total ICO deals and funding increasing
at a faster clip than traditional equity deals and dollars.

65. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 86
Bitcoin Ecosystem
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66. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 87
Mining
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67. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 88
Mining
‣ Open: Proof-of-Work algorithm (mining)
‣ Security: Provides security and stability
‣ Power: exceeds the combined processing power
of the world’s top supercomputers.
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68. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 89
Bitcoin Mining
A behind the scene look
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69. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 90
Mining
= Big Business
= Real Money
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70. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 91
Will technology disrupt banking
as we know it?
MONTY.de

71. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 92
Digital
Technology
Digital
Business
D
igital
Leadership
D
igital
C
ustom
er
MONTY.de
Digital Leaders
Formula

72. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 93
New Era of the
Internet of Value
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73. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 94
„Now.
It’s one of those moments
where you can change
the future.“
@montymetzger
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74. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 95
The Future is Now.
@montymetzger
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75. © 2017 Monty C. M. Metzgerwww.monty.de | @montymetzger 96
TECHNOLOGICAL
DISRUPTION IN BANKING:
NAVIGATING THE FUTURE OF DIGITAL
VTB Capital
October 26, 2017
Moscow, Russia
Monty C. M. Metzger
Partner, Digital Leaders Ventures
Chairman, DigitalLeaders.co
web www.monty.de
twitter @montymetzger
MONTY.de