Blockchain will Lead UK Fintech into Record-Breaking 2016 for Investment

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David Slater, Director of International trade and investment at London & Partners, wrote at CityAM in London last week that London’s fintech sector attracted almost a quarter of all investment into London tech businesses last year – and there are no signs of this slowing in 2016.

Investors have already shown a strong appetite for platforms like peer-to-peer lending and crowdfunding, but

in 2016 the focus will shift towards blockchain.

Last year was a breakthrough year for blockchain. In the space of 12 months, we saw the world’s leading banks put their weight behind the technology, Nasdaq announce plans to open a blockchain platform, and the Australian stock exchange come out publicly saying it is “seriously considering” replacing its current clearing and settlement system with blockchain technology.

The blockchain platform has huge potential to revolutionise the way we exchange goods and services. It is an enabling technology. Take the music industry. A number of high profile artists, including Imogen Heap, recently put forward a strong case for using blockchain to empower musicians, by allowing them to have greater control over contracts and the way users interact with data.

As more commercially viable uses for blockchain emerge, we will see considerably more investment in blockchain startups in 2016.

Slater adds that these conditions create a perfect storm for investors – opportunity and return – and 2016 will be another record-breaking year for investment into London’s tech sector.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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