In the News

Participants stated that there is a need for separate regulations for domestic fintech companies, but the Financial Regulatory Commission was in a position to express the need for new regulation in this sector.

Bloomberg TV Mongolia
Bloomberg TV Mongolia Discussing Fintech's Opportunities and Challenges http://bloombergtv.mn/

With the creation of financial assets based on blockchain technology, Mongolia is seeing a rise of companies established to attract foreign investors to make an investment in real estate and fixed assets.

Defacto
Defacto BLOCKCHAIN – THE INTERNET’S NEW REVOLUTION http://jargaldefacto.com/

Participants emphasize that the implementation of a national initiative, such as creating an innovative environment and attracting foreign direct investment by creating a digital economy zone will promote fintech development.

Bloomberg TV Mongolia
Bloomberg TV Mongolia A National Initiative will Promote Fintech http://bloombergtv.mn/

At the event, representatives of government agencies came to talk about the lack of policy and regulatory environment in the sector and expressed their position on the necessary legislation and regulation, and the Financial Regulatory Commission announced that it would be able to pass the Sandbox methodology in the International Coordination framework in 2019.

Financial Regulatory Commission
Financial Regulatory Commission FUTURE OF FINTECH https://www.frc.mn/

Last week, IOHK and Cardano Foundation members joined the Frontier FinTech summit in Mongolia. On the first day of the event, the Frontier FinTech Hackathon was held to help participants understand and test a demonstration of Marlowe.

Cardano
Cardano DAY 1 RECAP https://forum.cardano.org/
Event Speakers

Keynote Speakers

Tsogtbaatar Damdin

Tsogtbaatar Damdin

Minister of Foreign Affairs of Mongolia

Davaasuren Sodnomdarjaa

Davaasuren Sodnomdarjaa

Chairman, FRC

Charles Hoskinson

Charles Hoskinson

Input Output Hong Kong, Chief Executive Officer

Bulgantuya Khurelbaatar

Bulgantuya Khurelbaatar

Deputy Minister of Finance

Brian Tang

Brian Tang

Founder, ACMI and LITE Lab@HKU; Co-chair of RegTech Committee of Fintech Association of Hong Kong

Takeshi Kito

Takeshi Kito

Board Member, Fintech Association of Japan. Founder & CEO, Crowd Realty, Inc.

Bayarsaikhan V.

Bayarsaikhan V.

COO at AND Global

Hyunseo Lim

Hyunseo Lim

COO of Tanker Fund

Inmo Chung

Inmo Chung

ex-CEO of Iamcompany (acquired by NHN)

Honorary Guest

David Soares

David Soares

Member of House of Representatives of the Federal Government of Brazil

EVENT SPEAKERS

Moderators & Panelists

Jargalsaikhan D.
Jargalsaikhan D.
Founder of Defacto Institute, Chair of Mongolian Fintech Association
Bolor-Erdene B.
Bolor-Erdene B.
Founder and Editor in Chief of Trends.mn
Gerelmaa Batchuluun
Gerelmaa Batchuluun
CEO and President of Steppe Group
Prof Lee Yonkyu
Prof Lee Yonkyu
Nat'l Knowledge and Information Resource Mgmt Committee Member
S. Peter Choe
S. Peter Choe
Executive VP Steppe Group, CDO
Nam Sang-yirl
Nam Sang-yirl
APEC TEL Chairman, ICT Trade and Inter-Korean Cooperation Center Director
Lkhamsuren G.
Lkhamsuren G.
CEO of ICT Group
Han Sang Woo
Han Sang Woo
CEO of Truss Chain Korea
Battamir A.
Battamir A.
CTO of ICT Group
Lee Jong Chan
Lee Jong Chan
CEO of Tanker Fund
Koh Youngnam
Koh Youngnam
Asst. Director of Multilateral Cooperation, Korean Ministry of Science and ICT
Tenuun G.
Tenuun G.
Chief Digital Officer, Ard Financial Group
Gantulga B.
Gantulga B.
CEO of Lendmn
Altai Kh.
Altai Kh.
CEO of Mongolian Stock Exchange
Sukhdorj A.
Sukhdorj A.
Chairman of MostFintech
Sainbileg M.
Sainbileg M.
CIO, Deputy CEO, Golomt bank
Khuderchuluun N.
Khuderchuluun N.
Head, Research and Risk Evaluation Division, FRC
Bilguun Kh.
Bilguun Kh.
Referent, Supervision Department, Financial Regulatory Commission of Mongolia
Denar B.
Denar B.
MLab Singapore
T.Altankhuyag
T.Altankhuyag
Information Security Department of Mongolia
Oybek N Khalilov
Oybek N Khalilov
CEO of Tenger Insurance, Chairman of AmCham Mongolia
Enkhmunkh Z.
Enkhmunkh Z.
Principal at Sant School
Enkhjargal D.
Enkhjargal D.
International Banking and Financial Expert-Advisor, President of Women in Banking and Finance.
Batmandakh B.
Batmandakh B.
Senior Associate of MinterEllison
Solongoo Bayarsaikhan
Solongoo Bayarsaikhan
Managing Partner at Avinex Partners
Donghun You
Donghun You
VC from NAU IB Capital
Sereedorj D.
Sereedorj D.
Vice Chairman of Communications Regulatory Commission (CRC) of Mongolia
Manmeet Singh
Manmeet Singh
CIO of Emurgo
Tseyen-Oidov.P
Tseyen-Oidov.P
CEO of Mobifinance
Batsaikhan A.
Batsaikhan A.
MongolBank, Payment Systems Department, Policy and Operation Division Director
Full schedule of the event

Event schedule

Opening Entertainment and Remarks

The Minister of Foreign Affairs Tsogtbaatar D. and City Council Chairman Dagva R. will give opening remarks.

Past, Present and Future of Fintech

Truss CEO Sangwoo Han will give the keynote for the session discussing the past, present and future of fintech including payment gateways, remittance and virtual accounts. This will be followed by a panel and Q&A.

Panel Moderator:
Bayarsaikhan V., COO of And Global

Panelists:
Batsaikhan, MongolBank Payment Systems Director
Sukhdorj A., MostFinance Chairman
Khuderchuluun N., Head, Research and Risk Evaluation Division, FRC
Jongchan Lee, CEO of Tanker Fund

Blockchain and the Emergence of Digital Assets

IOHK CEO and blockchain luminary Charles Hoskinson will give the keynote for the session followed by a panel and Q&A session.

Panel Moderator:
Peter Choe, COO of Truss

Panelists:
Lhamsuren G., CEO of ICT Group
Altai Kh., CEO of Mongolian Stock Exchange
Denar B., CEO of M Lab Singapore
Brian Tang, Co-chair of RegTech Committee of Fintech Association of Hong Kong

Responsible and inclusive finance: tackling challenges with technology

FRC Chairwoman Davaasuren Sodnomdarjaa will give the keynote for the session, followed by a panel discussion and Q&A.

Panelists:
T. Altankhuyag, Information Security Department
Gantulga B., CEO of Lendmn
Enkhjargal D., President of Women in Banking and Finance Onchinsuren, Deloitte

Breaking the banks: future fintech

Tanker Fund COO Hyunseo Lim will give the keynote followed by a panel discussion and Q&A.

Panel Moderator:
Sangwoo Han, Truss CEO

Panelists:
Sainbileg M, CIO and Deputy CEO of Golomt bank
Tenuun G., CDO of Ard Financial Group
Tseyen-Oidov, Mobifinance CEO

ICT and Digital Economy Innovation

The panel will discuss ICT and digital economy innovation followed by a Q&A.

Panel Moderator:
Gerelmaa Batchuluun, Steppe Group CEO

Panelists:
Battamir A., CTO of ICT Group
Enkhbat, Datacenter
Youngkyu Lee, Professor at ChungAng University and Korean National Knowledge and Information Resource Management Committee member

Closing Keynote

Tsogbaatar Damdin, the Minister of Foreign Affairs, will give the closing keynote for Frontier Fintech Summit 2019.

Policy and Regulation Roundtable Talks

A special deep dive event into regulatory issues to be held at the Ministry of Foreign Affairs the day before the main summit event.

Important Note for Attendees: Please bring your passport or Mongolian national ID card in order to enter the Ministry.

Opening Remarks

The Mongolian Minister of Foreign Affairs Tsogtbaatar D., the Mongolian Financial Regulatory Commission Chairperson Davaasuren and Brazilian congressman David Soares will offer opening remarks.

Rise of Fintech: Mongolia as a Greenfield

Input Output Hong Kong (IOHK) CEO Charles Hoskinson will give a keynote on opportunities in Mongolia to open the session.

Panel Moderator:
Jargalsaikhan D., Founder of Defacto Institute
Sangwoo Han, CEO of Truss Chain Korea
Tsogtbaatar D., Minister of Foreign Affairs
Davaasuren S., Chairperson of FRC
Gantulga B., CEO of Lendmn

ICT and Digital Economy Regulations

Bulgantuya Kh., Deputy Minister of Finance and Brian Tang, Founder of ACMI and LITE Lab@HKU and Co-chair of RegTech Committee of Fintech Association of Hong Kong will be the keynote speakers opening the session.

Panel Moderator:
Kherlenchimeg A., Truss Chain Management
Prof.Lee Yonkyu, Commitee Member of Korean National and Information Resource Management
Sangyeol Nam, APEC TEL Chairman, ICT Trade and Inter-Korean Cooperation Center Director
Takeshi Kito, Board Member of FinTech Association of Japan. Founder and CEO, Crowd Realty, Inc.
Khuderchuluun N., Head of the Research and Risk Evaluation Division, Mongolian FRC
Sereedorj D., Vice Chairman of CRC of Mongolia

Fintech Ecosystems and Applications

Bayarsaikhan V., COO of And Global, and Takeshi Kito, Fintech Association of Japan and Founder and CEO of Crowd Realty, inc. will give keynotes to introduce the session. This will be followed by a panel discussion and short Q&A with the audience.

Panel Moderator:
Bolor-Erdene B., Founder and Editor-in-Chief of Trends.mn

Panelists:
Sukhdorj A., Chairman of Most Fintech
Manmeet Singh, CIO of Emurgo
Enkhmunkh Z., Principal at Sant school
Donghun You, VC from NAU IB Capital

Managing Risk and Compliance

Panel Moderator:
Enkhjargal D.

Panelists:
Bilguun Kh., Referent, Supervision Department, FRC of Mongolia
Batmandakh B., Senior Associate of Minter Ellison
Oybek Khalilov, CEO of Tenger Insurance, Chairman of AmCham Mongolia
Onchinsuren D., CEO of Deloitte Mongolia
Solongoo B., Managing Partner at Avinex Partners

Closing Remarks

Frontier Fintech Summit founder and Steppe Group CEO Gerelmaa B. will give the closing remarks.

Hackathon with Cardano

The Frontier Fintech Summit Hackathon co-organized in partnership with IOHK and Cardano Foundation. Register here: https://www.frontierfintech.org/hackathon-with-cardano/

Registration

Opening Remarks

Mr. Khaliunbat M., Head of Innovation and Technology Project of Capital City and Dr. Lars Brunjes, IOHK Director of Education will give brief opening remarks.

Cardano Presentations and Marlowe Tutorial

Lars Brunjes, Polina Vinogradova and Michael Hueschen will introduce Cardano and the Plutus and Marlowe platforms and run a tutorial session.

Hackathon

The teams will choose financial contracts to implement in Marlowe.

Pitching

The participating teams will have 5 mins. each to present their work.

Judging

The judges will be:

Lars Brunjes, IOHK Director of Education
Polina Vinogradova, IOHK Formal Methods Software Developer
Michael Hueschen, IOHK Haskell Developer
Peter Choe, Steppe Group CDO
Tenuun G., Ard Financial Group CDO

Awards Ceremony


Main organizer

Co-organizers

Sponsors

Partners

Media Partners