FinTech LIVE Dubai - Amberdata Keynote Presentation

On 17 April, Shawn Douglass, the Co- Founder and CEO of Amberdata, spoke on our virtual stage at FinTech LIVE Dubai. Throughout his Fireside Chat, Shawn focused on the importance high-quality digital asset data has in formulating business decisions. 

Throughout the fireside chat, he discussed a range of topics surrounding digital asset data, including the challenges in handling data, the need for differentiation, as well as the complex and evolving landscape of data.

Value of Data

Covering a range of markets, such as derivatives and spot, as well as on-chain data, Shawn discussed how Amberdata processes approximately US$250bn every day. He also highlighted how vital high-quality digital asset data is in making informed decisions and risk management in the business. 

"Data is the new oil; it must be useful and actionable to make a significant impact," said Shawn.

Challenges in Data Management

Throughout the Fireside Chat, Shawn explained how his skilled team at Amberdata meets the complexities and costs of handling extensive data by gaining real-time and accurate insights through utilising advanced technology.

Impact of ETFs

Later in his fireside chat, Shawn used the example of the success of Bitcoin ETFs to highlight how digital assets are increasingly becoming more integrated and accepted in the business industry. He explained how record-breaking investment volumes have recently been made due to ETFs, due to their ability to make access to assets like Bitcoin easier, by taking away the need for direct custody. 

"The rise of Bitcoin ETFs has been remarkable, with substantial inflows demonstrating the growing acceptance of digital assets," Shawn said. 

Continuous Improvement

In an industry where developments are occurring daily, Shawn explained how critical it is for business players to stay ahead of the trends in the digital asset space and aim to constantly improve their work. He highlighted how his team at Amberdata ensure they maintain their leading edge by investing significant amounts of money in technology and research. 

Long-Term Vision and Future Trends 

Looking ahead to the future, Shawn spotlighted the potential for growth and transformation in the digital asset industry and how digital assets will seamlessly integrate into the global financial system and establish themselves as a key component. 

In addition to this, Shawn explored the future trends in the digital assets industry, including expanding market access globally, improving settlement processes and further tokenisation of assets. 

"Digital assets will become the new fabric for financial services, evolving from isolated databases to transparent, shared blockchain networks,” said Shawn. 

Later, he delved into the importance of differentiation in succeeding with digital assets and went on to explain how Amberdata does this by providing the most granular and comprehensive data available. 

Throughout the Fireside chat, Shawn illustrated how critical it is for businesses to adopt actionable and advanced insights in order to handle the financial landscape, that shifts everyday. 

In addition, Shawn emphasised the long-term impact advancements in digital assets will have and highlighted the significance it will have for every person with a digital device.

"Digital assets are not just a niche but a total paradigm shift that will touch every person with a mobile device globally," Shawn said. 

Essential diary dates for 2024 and 2025

FinTech LIVE continues to expand its LIVE events with more to come in 2024 and 2025 discover the essential diary dates below.

2024: 

• FinTech LIVE London | 22=23 October
• The Global FinTech Awards | 22 October

2025:

• FinTech LIVE Singapore | 25 February 
• FinTech LIVE Dubai | 6 May
• FinTech LIVE New York | 17 June
• FinTech LIVE London | 21-22 October
• FinTech Awards | 22 October

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