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BitcoinConfHK
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Peer-to-Peer Financial Platforms andthe Death of the Middleman
Evan Wagner and Robby Dermody
Centralized finance
● Boom-bust, greed, graft● Middlemen & counterparty risk● No longer necessary with the blockchain
Counterparty: A P2P financial platform● Removes the middleman!● Decentralized financial instruments on top of Bitcoin
o User defined assetso Decentralized exchangeo Dividendso Betting and hedging
● Open source, self-funded, sustainable, safe & secure
● Working today. First “Bitcoin 2.0” platform to market.
“Bitcoin centralization”: not the best option...
Opportunities
A free & open platform to enable innovators
● Digital Assetso Brand promotion
o Crowdfunding
o Fiat-, commodity-, and altcoin-backed tokens
o Company equity
o Fixed-income products (callable assets)
● Betting, Hedging, Derivatives
● “The Facebook of Crowdfunding”
● Coin-based, goes beyond Kickstarter
● Experienced team
● High media, community IL
● Coin-based accelerator plans
Swarm
● CP Asset = “proxy token” for gold/silver
● 3rd party custodial company
● Trade/redeem tokens
● Live today
● Trading on Poloniex, CP DEx
LTBCoin
● Exclusive currency of the Let’s Talk Bitcoin Media Network
● “Proof of Publishing” compensates content creators
● Extends syndication reach
● Redeemable for LTB ad buys, merchandise
● Plans to trade on DEx, Cryptsy, and more
Artist Coins
● CP hosts the first two launched artist coins: TatianaCoin and NICEPLUM
● Fund artist album development & more
● Kickstarter-style artist rewards
● TatianaCoin is first CoinPowers launch
● Author Coin upcoming, & more
The Counterparty Protocol
● Built on o Interoperableo Secureo Simple
● Bitcoin used for:o Proof-of-publicationo Timestamping
Issue 1,000,000 GOLDTOKENS
Spend BTC dust
Counterwallet
● Deterministic Web Wallet
● No funds stored server-side
● Secure and easy to use● Open source● Can run your own, too
What’s Next?
● Counterwallet Chrome App
● Zero-confirmation feedback
● Multi-signature addresses
● Merchant API
● Advanced derivatives: futures, options, swaps
