| Philodox Symposium Digital Bearer Transaction Settlement |
July 23-24, 1998 |
| The Downtown Harvard Club
Club Dress Code: "business casual", no jeans or sneakers |
FRIDAY, July 24
| 0800-0830 | Breakfast |
| 0830-0845 | Announcements |
| 0845-1015 | Internet Transaction Settlement Economic/Financial Survey and Forecasts |
| What is the annual dollar volume
of all transactions worldwide? How are they broken up by payment mechanism? What is the actual and forecasted dollar volume of internet transaction execution? How will those transactions clear and settle? What are the current clearing and settlement costs? What are the expected costs of internet digital bearer settlement? What is the micro- and macroeconomic impact of a digital bearer settled economy? |
|
| 1015-1030 | Break |
| 1030-1200 | Capital Market Applications for Digital Bearer Settlement |
| What kinds of securities can you
create digital bearer instruments for? How do they work? How do you vote stock, collect dividends, etc.? Can you really do limited liability in software, without law? What size transactions can be cleared and settled like this? How much transaction volume can a digital bearer market handle? |
|
| 1200-1300 | Lunch |
| 1300-1430 | Other Market Applications for Digital Bearer Settlement |
| Just how ubiquitous can the
internet be? Can you create cash settled pay-per-use utilities? Even roads? Digital bearer gambling tokens? "Digital Collectibles"?? Lions, and tigers, and bears: "Perfect kidnappings", "crypto-anarchy", auction markets for force, geodesic warfare, the end of civilization as we know it, and other monsters under the bed. |
|
| 1430-1445 | Break |
| 1445-1630 | New Product/Market Ideas for Digital Bearer Settlement |
| Who are the entrepreneurs? What else can we do with digital bearer instruments? When is the transition to digital bearer settlement going to happen? Where's the most bang for the buck, right now? How are we going to make money on this? |
|
| 1630-1645 | Closing |