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Scotiabank Digital Banking Lab · Il Young Chung

Ivey FinTech Club Hosts Vikram Mechanda

Jan 21, 2019

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How is blockchain used for currency related purposes, and what parts allow it to offer a transfer of value? On November 20, 2018, the Ivey FinTech Club had an opportunity to host Vikram Mechanda (BComm ‘18), Associate Director of Global Licensing, to elaborate on the topic. 

Coinsquare is Canada’s trading platform for Bitcoin, Ethereum and other cryptocurrencies, and has secured a relationship with a big 5 Canadian Bank.[1] The firm looks to expand its core products while offering its expertise and trading platform technology to other partners around the world.

Vikram took his time to talk about the fundamentals of blockchain. He covered 4 topics related to the industry:

  1. Wallets and Addresses
  2. Sending and Receiving Payments
  3. Verifying Transactions
  4. Major Milestones for Bitcoin

Over 30 students attended to hear him speak and even had the chance to win free bitcoin.

[1] https://www.newswire.ca/news-releases/coinsquare-becomes-only-crypto-platform-to-secure-big-5-banking-relationship-and-complete-third-party-financial-audit-694492271.html

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