Crypto Asset Rating (CAR) Innovations Well-regarded at SFVegas 2020

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SFVegas 2020, the largest capital market
capital markets conference in the world had been hosted The Structured Finance
Association (SFA) on February 23-26, 2020, at the Aria Resort in Las Vegas
Nevada in US.
The conference was presided by Theresa May,
former Prime Minister of UK; Jessica Kane, Director, and Office of Credit
Rating (SEC); Deborah Rosado Shaw Ex. Senior Vice President and Global chief of
PepsiCo among several other dignitaries.
The four day event had been attended by
industry leaders and delegates along with massive participation from investors,
bankers, issuers, regulators, asset managers, legal firms, accounting firms,
technology firms, rating agencies, servicers, and trustees.
Crypto Asset Rating (CAR) on Digital
Asset Rating Market Infrastructure
On the fourth day of the conference, a
discussion was held among the imminent panelist from diverse industries.
Among the present panelists were Pramod
Attarde, Founder and CEO Crypto Asset Rating (CAR); Chen Arad, COO of Solidus
Labs, Yael Tamar, CMO and Co-founder of Israeli tokenization platform SolidBlock.
She spoke about how they are tokenizing the real estate assets in Israel and
how the sector is booming in Israel. The discussion was moderated under the cognizant
interaction by Michael Philipp, Partner of Morgan Lewis Law Firm.
The topics discussed included about how the
financial institutions and related startups are focusing on offering innovative
products and services involving digital assets to meet consumer’s demands.
Another topic was about how blockchains are being deployed by financial institutions
in Capital markets in terms of clearing the securities, custody, or other
service offerings and the challenges coming across the structures finance
industry.
Addressing the panel, Pramod Attarde, Crypto
Asset Rating CEO elaborated upon the queries of the fellow panelists about how CAR
is working on various projects through various platforms and the how CAR is
trying to change the paradigms of industry with digitization of assets.
Replying to Michael Philipp, Moderator of
the Panel and Partner of reputed Law Firm Morgan Lewis, Pramod Attarde spoke
about the essentiality of the neutral Rating model for the crypto assets and how
the digital asset market infrastructure has been designed distinctively to
deliver the independent and competent rating of the digital assets. Pramod also
expounded about how the issuer’s background is being checked pertaining to
regulatory compliance before introducing him to investors.
The fellow panelists had an in-depth
discussion about the innovative ways of leveraging financial and digital
products and services in the industry.
The SFVegas 2020 event was a huge success amidst the clouds of qualms due to corona virus. Few international deals had been shelved during the conference including the Aircraft ABS deal due to the widespread panic wave. But overall a massive enthusiastic response from participants and visitors had been witnessed for all the sessions.
#SFVegas2020 #StructuredFinanceAssociation #CryptoAssetRating #ChamberofDigitalCommerce
Jayashree Ingle
CBW - External Analyst
INDIA