Interview Opportunity: Web Summit
Decred, Marco Peereboom

Logistics and Topline Summary
Event: Web Summit
Moderator: Natalia Drozidak, Bloomberg
Panelists: Marco Peereboom, Decred; Carolina Abenante, NYIAX; Jacqueline Molnar, Western Union; John Wolanin, Dave Inc.
Topic: Can you really trust your bank?
Panel Day and Time: Nov 7th, 12:00-12:20
Format: Moderated Panel Discussion

Interview Overview
Previously titled, “Can finance ever ‘win’ at privacy?”, the panel has been refocused on trust of banks. The panel spans from legacy payday lender/money transmitter, Western Union, to Dave Inc., a new bank built on fairness, to NYIAX, which uses blockchain to make ad buying more transparent, to Decred, a community-driven cryptocurrency that wants to remake the entire financial system in a more fair and trustless way.

Why This Interview Matters
Held at the Moneyconf Stage, this panel discussion provides Decred with a broad financial, fintech, and crypto audience to convince that the current financial system is fundamentally flawed, and cryptocurrency offers a better alternative. Crypto removes the need for a trusted third party and enables one to be their own bank, it’s confiscation resistant, censorship resistant, inflation resistant, counterfeit resistant, and borderless.

About the panelists

Carolina Abenante, founder
NYIAX
Carolina founded NYIAX in 2012 with the idea of taking financial trading technology and applying it to the advertising/data and entertainment industries. Developed in partnership with Nasdaq, NYIAX combines financial trading and advertising technology in one platform to enable publishers and advertisers to buy, sell and re-trade premium advertising inventory. NYIAX has created the first advertising marketplace.



Jacqueline Molnar, Chief Transformation Officer & Global Head of Compliance
Western Union

Jacqueline’s role is to steward Western Union through the implementation of its new global strategy, designed to drive improved efficiency, profitability and long-term revenue growth. She continues to oversee Western Union’s Compliance organization as she served as Chief Compliance Officer from 2016 to July 2019 and was responsible for strategic planning and leadership of Western Union’s Anti-Money Laundering and Countering Terrorist Financing, Anti-Bribery/Anti-Corruption, Sanctions, Fraud and Consumer Protection compliance programs globally. Jacqueline has twenty years of experience as an attorney and compliance officer.


John Wolanin, co-founder and CPO
Dave Inc.
Dave helps with budgeting, building credit, finding work and accessing money to cover immediate expenses before payday. At Dave, John oversees all product, branding and design decisions. Prior to founding Dave, John led Product and Design at Honey. In this role, he served as the first product architect and designer, scaling the user base from 200K to over 3.5M.

With a doctorate in clinical psychology, John brings over six years of clinical field experience and a deep knowledge of the human experience to his approach when designing viral, sticky digital products.



Key points to highlight:
The days of rent extraction and poor service are over: Legacy systems have extracted rents and provided poor service (think 5 days to send a wire transfer, 10% fees to send money to a family member) for far too long. They have proven to be untrustworthy; now they can be eliminated by technology.
Crypto is peer to peer: Cryptocurrency removes the need to trust a third party, making it permissionless, and censorship-resistant, and protects against asset seizure/confiscation by authoritative governments.
Crypto is borderless: You can send funds anywhere across the world, peer-to-peer, in a matter of minutes.
Crypto is fair and free from government whims: Legacy systems rely on legacy currencies, which can be inflated and manipulated by central banks and governments-think Venezuela. Crypto is deterministic, a more fair game for all involved.

Key Messages

ELEVATOR PITCH

Decred is a community-directed digital currency designed to deliver a truly decentralized, fair, and sovereign alternative to traditional money. In the current system, a centralized authority such as a bank or government holds the power. With Decred, the community members own and operate the system, make the rules, and determine the direction of the project. The result is a secure and adaptable currency that is a superior store of value. Everyone is invested and actively involved in helping Decred succeed.