LBChain platform-service Phase II overview Jekaterina Govina,

Andrius Adamonis 9 September 2019 Vilnius

1.

What is LBChain

2.

Pre-commercial procurement

3.

II phase results overview

4.

Fintech selection criteria

9 September 2019 2

Contents

What is LBChain ?

First comes idea

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What is LBChain ?

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Technological / regulatory sandbox

Relevant to: Fintechs, startups,

IT enthusiasts, small/medium IT companies

LB regulatory support Platform provider IT support

LB test users and data Fintech & LB use cases

Goals

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Accelerate the development and application of

blockchain-based solutions in the financial sector

Improve the quality of regulation in

the financial sector

Pre-commercial procurement

Pre-commercial procurement

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Project timeline

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March 2018: Start of Phase I

September 2018: Start of research phase

December 2018: Research results

March 2019: Start of Phase II

July 2019: Prototype testing

October 2019: Start of Phase III

November 2019: Final platform testing

April 2020: Innovative procurement

II phase overview

Vision

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LBCHAIN PLATFORM-SERVICE

REGULATORY SANDBOX

FINTECH STARTUP JOURNEY

FINANCIAL LICENCE*

Test platform Non-public

testing Tech./reg. support

Public testing Regulatory

support Impunity

IDEA MVP PRODUCTION

Fintech with MVP

LBChain Process vision (FinTech journey)

Pre-application

• Website • Tech. & reg.

consultation • Review

Criteria

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Selection • Submission of

application • Application

evaluation • Invitation • Onboarding

Development & testing

• Tech. & reg.

consultation • Regular

meetings • Testers

database

Exit

• Demo day • Feedback • Moving the

product to another environment

Blockchain base technology platforms for LBChain

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Selected Fintechs

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Fintech Company Product

Portfolio management

KYC solution for compliance management

Smart contract for factoring process management

Payment token, mobile POS and payment card solution

Cross-border payments

Crowd funding platform

Goals of Phase II

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• Validate first phase results

• Create prototype of LBChain platform-services

• Test the prototype with selected fintechs

• Support development of fintech products

• Demo day event

Goals of Phase II

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• Validate first phase results

• Create prototype of LBChain platform-services

• Test the prototype with selected fintechs

• Support development of fintech products

• Demo day event

Goals of Phase II

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• Validate first phase results

• Create prototype of LBChain platform-services

• Test the prototype with selected fintechs

• Support development of fintech products

• Demo day event

Goals of Phase II

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• Validate first phase results

• Create prototype of LBChain platform-services

• Test the prototype with selected fintechs

• Support development of fintech products

• Demo day event

Goals of Phase II

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• Validate first phase results

• Create prototype of LBChain platform-services

• Test the prototype with selected fintechs

• Support development of fintech products

• Demo day event

Goals of Phase II

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• Validate first phase results

• Create prototype of LBChain platform-services

• Test the prototype with selected fintechs

• Support development of fintech products

• Demo day event

Roadmap for Phase III

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1

March

-

31

March

• Platform final testing

• Fintech product demonstration

• LBChain testers

16

October

-

29

February

• LBChain Development and testing

• Fintech product development

• Consultations

1

October

-

13

October

• Fintech-Supplier-LB project Kick off

2

September

–

27

September

• Selection of Fintechs

Participant selection criteria

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Level of innovation

Market potential

Level of readiness

PR as Co-creation

Blockchain tools

Consult & support

Product testing

Venture capitalists

Why join?

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Join LBChain and change financial industry

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Q&A, submit fintech applications

23 September

Shortlist of applicants 27 September

Interact with suppliers, sign agreements by

13 October

https://epsilon.escb.eu/limesurvey3/974737?lang=en

Thank you! LBCHAIN TEAM lbchain@lb.lt aadamonis@lb.lt 9 September 2019 Vilnius