Digital Finance Africa 2022 - https://itnewsafrica.com/event/ -hosted by IT News Africa is the definitive annual event on technology leadership in the financial services industry. It asks the hard questions not asked in other conferences, and identifies the skills required to steer a course in an age where the entire industry is transforming rapidly. This is a Summit for bold, visionary leaders who are willing to take calculated risks as much as they are willing to consolidate, who know what to give up as much as what they expect to gain.

1. An LSEG Business
Refinitiv
Regulated Blockchain
with Reference data Oracle
Samer Mahfouz
Samer.Mahfouz@LSEG.com
DIGITAL FINANCE AFRICA 2022

2. 2 An LSEG Business
Agenda
1. What is your experience as a customer with digital finance? (<3.5m)
2. Who are we? (<1.5m)
3. How is our data used ? (<1.5m)
4. What is a Blockchain –a simplified version-? (<2m)
5. What can Refinitiv offer on a blockchain? (3.5m)
6. Why don’t we have a running Blockchain for businesses? (<2.5m)
7. What if ? ---- Regulated Blockchain (2m)
8. Conclusion ( <4m)

3. 3 An LSEG Business
Source: World Bank Group (based on responses to the Digital Technology and the Future of Finance
Survey 2020)

4. 4 An LSEG Business
What do we cover
Source: World Bank Group (based on responses to the Digital Technology and the Future of Finance

5. 5 An LSEG Business
Agenda
1. What is your experience with digital finance as a customer?
2. Who are we?
3. How is our data used ?
4. What is a Blockchain –a simplified version-?
5. What can Refinitiv offer on a blockchain?
6. Why don’t we have a running Blockchain for businesses?
7. What if? ….. Regulated Blockchain
8. Conclusion

6. 6 An LSEG Business
We are Refinitiv

7. 7 An LSEG Business
Refinitiv Datasets
A. Pricing Data
1. FX & Money Markets data
2. Equity, ETF, Funds, Bonds and Commodity data
3. Cryptocurrencies data
B. Reference Data, Fundamental data
1. Corporate Actions, Legal entities, Ownerships
2. Economic numbers
3. Financial ratios, Sectors classification,…
C. Derived Data
1. Analytics as a Service (compounding rates, volatility data, …)
2. News sentiments (Converting unstructured “text” data into numbers for models)

8. 8 An LSEG Business
Agenda
1. What is your experience with digital finance as a customer?
2. Who are we?
3. How is our data used ?
4. What is a Blockchain –a simplified version-?
5. What can Refinitiv offer on a blockchain?
6. Why don’t we have a running Blockchain for businesses?
7. What if ?….. Regulated Blockchain
8. Conclusion

9. 9 An LSEG Business
3 months Loan based on variable rate (ON RFR)
3 months loan
based on ON RFR rate

10. 10 An LSEG Business
3 months Loan
3 months loan
based on ON RFR rate
ON RFR rates

11. 11 An LSEG Business
3m loan on a Blockchain
How can you execute this same transaction on a Blockchain?

12. 12 An LSEG Business
Agenda
1. What is your experience with digital finance as a customer?
2. Who are we?
3. How is our data used ?
4. What is a Blockchain –a simplified version-?
5. What can Refinitiv offer on a blockchain?
6. Why don’t we have a running Blockchain for businesses?
7. What if? ….. Regulated Blockchain
8. Conclusion

13. 13 An LSEG Business
How many Databases is used in a hotel check in?
Hotel’s Bank Customer’s Bank
Customer
A traditional Tx

14. 14 An LSEG Business
Blockchain: A Shared Database ?
Hotel’s Bank Customer’s Bank
Customer
A Blockchain Tx

15. 15 An LSEG Business
Agenda
1. What is your experience with digital finance as a customer?
2. Who are we?
3. How is our data used ?
4. What is a Blockchain –a simplified version-?
5. What can Refinitiv offer on a blockchain?
6. Why don’t we have a running Blockchain for businesses?
7. What if….. Regulated Blockchain
8. Conclusion

16. 16 An LSEG Business
Blockchain Oracle
Data Source
Oracle Node
Smart Contract
On-chain
Off-chain

17. 17 An LSEG Business
Agenda
1. What is your experience with digital finance as a customer?
2. Who are we?
3. How is our data used ?
4. What is a Blockchain –a simplified version-?
5. What can Refinitiv offer on a blockchain?
6. Why don’t we have a running Blockchain for businesses?
7. What if….. Regulated Blockchain
8. Conclusion

18. 18 An LSEG Business
How do you currently pay for your online purchases ?
A running Blockchain for businesses

19. 19 An LSEG Business
Try to get 5 companies to sign one contract

20. 20 An LSEG Business
Agenda
1. What is your experience with digital finance as a customer?
2. Who are we?
3. How is our data used ?
4. What is a Blockchain –a simplified version-?
5. What can Refinitiv offer on a blockchain?
6. Why don’t we have a running Blockchain for businesses?
7. What if? ….. Regulated Blockchain
8. Conclusion

21. 21 An LSEG Business
Blockchain + Government = ?
CBDC (Central bank digital currency)
Financial Inclusion
Follow the money
from contribution to projects
Senior management
and Public servants
“open” accounts
Regulators approved
smart contracts

22. 22 An LSEG Business
Agenda
1. What is your experience with digital finance as a customer?
2. Who are we?
3. How is our data used ?
4. What is a Blockchain –a simplified version-?
5. What can Refinitiv offer on a blockchain?
6. Why don’t we have a running Blockchain for businesses?
7. What if ? ….. Regulated Blockchain
8. Conclusion

23. 23 An LSEG Business
What is needed to accelerate a Blockchain setup?
Accelerated the adoption of

24. 24 An LSEG Business
Can economic sanctions accelerate the setup of Regulated Blockchains?
Accelerated the adoption of
?

25. 25 An LSEG Business
Agenda
1. What is your experience as a customer with digital finance?
2. Who are we?
3. How is our data used ?
4. What is a Blockchain –a simplified version-?
5. What can Refinitiv offer on a blockchain?
6. Why don’t we have a running Blockchain for businesses?
7. What if ? ---- Regulated Blockchain
8. Conclusion

26. Thank you
An LSEG Business
Samer Mahfouz
Samer.Mahfouz@LSEG.com