DCU FinTech Innovation Center, TenguPay, and Converge Team up to Explore ICOs and Cryptocurrency

Industry: Financial Services

Boston, MA (PRUnderground) September 11th, 2017

The DCU FinTech Innovation Center (“the Center”), will turn Deloitte’s 200 Berkeley Street offices into a classroom on Tuesday, Sept. 12 from 6:00 PM to 8:00 PM and will feature some of Boston’s greatest investors, entrepreneurs, and thought leaders on the future of financial technology. Called Digital Money: Cryptocurrencies, ICOs and Payments, the event will be a deep-dive into cryptocurrencies such as Bitcoin and Ethereum, as well as their implications on the worlds of payments and capital raising.

“We are going through a technological revolution in what we think of as money,” offered Vasilios Roussos, Managing Director of the Center and the event organizer. “Cryptocurrency technologies will revolutionize the infrastructure we use to move value and record transactions. This event will be a deep-dive on what’s state of the art with a focus on the local ecosystem.”

Bitcoin, the most well-known Cryptocurrency, has captured some public attention this year as its price has climbed to over $4,500 from roughly $1,000 at the start of the year. Similarly, Cryptocurrency Ethereum has risen in price over the same period from about $10 to nearly $400. Major banks and financial services providers are currently exploring applications of these Cryptocurrencies and their underlying technologies, called blockchains.

Chetan Manikantan, the CEO of blockchain-based payments company TenguPay, and Ash Egan, Principal at Converge, have teamed up with the Center to organize the event and its well-known speakers. “We are so lucky to have major venture capitalists, entrepreneurs and thought leaders offering their perspectives at the event,” noted Chetan “Chet” Manikantan. Ash offered, “It’s clear Boston, with its financial services incumbents and strong innovation ecosystem, can be a ground-zero for the emerging crypto ecosystem. We are fortunate to be able to organize this event and be part of this incredible community in town.”

The event is sponsored by The Arthur M. Blank Center for Entrepreneurship at Babson College, Converge Venture Partners, the DCU FinTech Innovation Center, Deloitte Consulting, Pillar VC, and Underscore VC.

The Center is proud to play a part in #BostonFinTechWeek, and the Digital Money: Cryptocurrencies, ICOs and Payments event will be one of many taking place between September 11 and September 14, 2017, focused on financial technology.

For additional information, please visit https://bostonfintechweek.splashthat.com.

About DCU FinTech Innovation Center

The DCU FinTech Innovation Center is the leading sponsor of FinTech startups in New England and is dedicated to fostering FinTech startups and the Boston FinTech community. The Center focuses on helping startups gain initial customer traction and provides seed-stage FinTech startups with one year of free mentorship, workspace, community, and a professional network. The Center is the collaborative effort between Digital Federal Credit Union, better known as DCU, and Boston-based coworking network company, Workbar.

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Vasilios Roussos
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617-500-3780
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