Post on 01-Jan-2021
LBChain platform-service Phase I overview Andrius Adamonis
Project manager 6 February 2019 Vilnius
1.
What is LBChain
2.
Pre-commercial procurement
3.
I phase results overview
4.
Fintech selection criteria
8 February 2019 2
Contents
What is LBChain ?
What is LBChain ?
8 February 2019 4
Technological / regulatory sandbox
Relevant to: Fintechs, startups,
IT enthusiasts, small/medium IT companies
LB regulatory support Platform provider IT support
LB test users and data Fintech & LB use cases
Goals
8 February 2019 5
Accelerate the development and application of
blockchain-based solutions in the financial sector
Improve the quality of regulation in
the financial sector
Vision
8 February 2019 6
LBCHAIN PLATFORM-SERVICE
REGULATORY SANDBOX
FINTECH STARTUP JOURNEY
FINANCIAL LICENCE
Test platform Non-public
testing Tech./reg. support
Public testing Regulatory
support Impunity
IDEA MVP PRODUCTION
Fintech with MVP
Pre-commercial procurement
Pre-commercial procurement
8 February 2019 8
Project timeline
8 February 2019 9
March 2018: Start of Phase I
September 2018: Start of research phase
December 2018: Research results
February 2019: Start of Phase II
June 2019: Prototype testing
September 2019: Start of Phase III
October 2019: Final platform testing
January 2020: Launch of LBChain
I phase overview
Selected suppliers
8 February 2019 11
Blockchain base technology platforms for LBChain
8 February 2019 12
LBChain Process vision (FinTech journey)
Pre-application
• Website • Tech. & reg.
consultation • Review
Criteria
8 February 2019 13
Selection • Submission of
application • Application
evaluation • Invitation • Onboarding
Development & testing
• Tech. & reg.
consultation • Regular
meetings • Testers
database
Exit
• Demo day • Feedback • Moving the
product to another environment
Roadmap for II phase
8 February 2019 14
1st March -
•Design thinking
1st April -
•LBChain Development and testing (co-creation)
•Fintech product development/migration
1st May -
•LBChain Development and testing (co-creation)
•Fintech product development/migration
1st June -
•Platform Pilot testing
•Fintech product testing
•LBChain testers
1st July -
•Corrections and modification
LBChain team
8 February 2019 15
Jekaterina Govina
Austėja Šostakaitė
Giedrius Ruseckas
Sigutė Stankevičiūtė
Lukas Jakubonis
Andrius Plečkaitis
Andrius Adamonis
LBChain platform-service co-creation Fintech selection criteria
Lukas Jakubonis Senior Lawyer
6 February 2019 Vilnius
Participant selection criteria
8 February 2019 17
Level of innovation
Market potential
Level of readiness
PR as Co-creation
Blockchain tools
Consult & support
Product testing
Venture capitalists
Why join?
8 February 2019 18
Action
8 February 2019 19
Q&A, submit fintech applications
7 -15 February
Shortlist of applicants, interact with suppliers,
18-28 February
Sign agreements by 4 March
www.lb.lt/en/pre-commercial-procurement
Thank you! LBCHAIN TEAM lbchain@lb.lt aadamonis@lb.lt 6 February 2019 Vilnius
Photo credits Fotolia