Blockchain Scotland are hosting Scotland’s first DeFi summit, in Edinburgh on the 6th August.
Blockchain Scotland are an industry association empowering Scottish innovation through blockchain technology, connecting entrepreneurs, developers, and industry leaders.
The summit offers a unique opportunity to explore innovative borrowing and lending protocols that operate without banks, ground-breaking payment solutions challenging traditional systems, and the evolving policy landscape shaping this sector.
You’ll discover how stablecoins provide the price stability that bridges traditional and decentralized systems, and how tokenization is unlocking new possibilities by converting real-world assets into tradable digital tokens!
Pioneering the DeFi Economy in Scotland
Scottish Enterprise has developed a roadmap to support the incubation and acceleration of new Scottish ventures in this exciting field. This charts a number of distinct technology sub-trends and opportunity segments, like the Crypto Economy.
A crypto-economy offers economic relations that are not directly mediated by the state, opening possibilities for a financial organisation that does not comply with the state’s conception of economic order. In the absence of state control, the crypto economy needs to focus on its internal modes of governance. The real potential is in cryptocurrencies as units of account: modes of measuring economic activity conceived differently from those intrinsic to fiat money.
Fiat money has become tied to conventional framings of profit and loss, income and expenditure, and a market-centered calculus. Non-fiat funds have the potential for developing new ways to calculate economic activity, ways that represent different social and economic values, and measure performance by criteria other than profit.
They also publish a regular podcast on the topic. In the latest episode they explore how blockchain is evolving within financial services, moving beyond its crypto roots into more mainstream and institutional applications.
Their guest is James Ball, who leads product development for strategic projects and institutional offerings at Nethermind, a global blockchain research and engineering company. James opened Nethermind’s Scottish office in 2024 and brings unique insight into the industry’s direction and opportunities.
