Bank of Lithuania
September 09 09:00 - 18:30
Vilnius Gynėjų g. 14, Vilnius 01109

On 9 September 2019, the Bank of Lithuania, the Agency for Science, Innovation and Technology and the hub for FinTechs and innovators ROCKIT will hold an international event LBChain progress: midway to success. Participants of the unique project run by the Bank of Lithuania will present three blockchhain platform prototypes where six FinTech companies have already tested their financial products. During the event, high-level representatives of the Bank of Lithuania and the European Central Bank will address blockchain-related issues.

LBChain progress: midway to success

LBChain is a blockchain-based sandbox which combines regulatory and technological infrastructures and allows FinTech companies to test their business solutions in a controlled environment. The platform will enable Lithuanian and international start-ups and FinTech companies to gain new knowledge, carry out blockchain-oriented research, test and adapt blockchain-based services as well as offer state-of-the-art innovations to their customers. LBChain is the world’s first of-its-kind platform developed by the financial market regulator (the Bank of Lithuania). The platform will be launched in March 2020.

Attention! The event will be broadcast live. Photographs and videos will be taken at the event in which you may appear. Such photographs and videos may be displayed or published on public websites, social or other media.

Press releases

9.30-10.00 Registration
10.00-11.00

KEYNOTE SPEECHES – THE IMPACT OF BLOCKCHAIN ON FINTECH DEVELOPMENT
Marius Jurgilas, Bank of Lithuania
Dirk Bullmann, European Central Bank (2.3 MB download icon)

11.00-11.30

LBCHAIN PROJECT – FROM CONCEPT TO REALITY
Andrius Adamonis, Bank of Lithuania (2.5 MB download icon)

11.30-11.50 Coffee break
11.50-13.30

DEVELOPMENT OF THE TESTING PLATFORM
Representatives of:
UAB Deloitte verslo konsultacijos (1.3 MB download icon)
IBM Polska Sp. z.o.o. (865.3 KB download icon)
Tieto Lietuva, UAB (667.5 KB download icon)

13.30-14.30 Lunch break
14.30-16.30

FINTECH PRODUCTS TESTED IN LBCHAIN
Representatives of:
UAB Astronautika (Businero) – crowdfunding platform (761.5 KB download icon)
UAB Ondato – KYC solution for anti-money laundering (1.2 MB download icon)
UAB Seven Seas Europe – cross-border payment solution (1.2 MB download icon)
UAB Sistemų integracijos sprendimai – smartcontract for factoring process management
Sofitto NV – payment token, mobile POS and payment card solutions (18.3 MB download icon)
FA Solutions Oy – unlisted shares trading platform (3.8 MB download icon)

16.30-17.00 Q&A session and  concluding remarks
17.00-18.30 Networking

LBChain progress: midway to success

 

Last update: 28-06-2021