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Blockchain Summit London 2018 – Aftermath

August 5, 2019

Depository Network participated at The Leading Dedicated Blockchain Conference and Expo – Blockchain Summit London, 26-27 June 2018, known as THE Blockchain for business event in 2018.

Blockchain Summit London is a 2-day conference and exhibition connecting over 2,500 industry leaders, business decision makers, tech innovators and investors.

Depository Network´s CEO Svetoslav Dimitrov and Co-Founder and Business Developer Valeri Valtchev participated at this year’s Blockchain Summit event in London and presented DEPO in front of hundreds of participants in the specialized event. Read below their impressions and conclusions after the 2-day event.

Svetoslav Dimitrov, CEO of Depository Network commented his impressions after the event:

“We just came back from Blockchain Summit London where we presented DEPO projectin front of exhibitors and guests. It was great to see that our project gained enormous interest and the concept gained verification by the blockchain enthusiasts, angel investors, VCs and institutional investors. We had number of meetings with potential investors and credit institutions, lending platforms and p2p market places. They all confirmed their willingness to be among the first people to test the Beta Version of Depository Network Platform, as soon as it is launched. This serves as a proof that we are on the right way to help Blockchain ecosystem grow and develop.“

Valeri Valtchev, Co-Founder and Business Developer of Depository Network commented:

“So far we have 5 clients in the pipeline – 1 P2P lending marketplace and 4 online lenders from CEE. The interest towards Depository Network platform is huge and we want to concentrate to deliver first prototype. At Blockchain Summit London a few lenders came to us (a P2P platform, an Indian lender taking gold as collateral in India and a Chinese guy who has a bridge lender to small property developers in the UK), all wanting more details about DEPO.

We own one of the leading consumer finance lenders in Bulgaria. We initially wanted to do the DEPO platform for us, but when we thought about it more, we decided to extend the project and make it a decentralized solution, offered to everybody. To check with somebody external, we spoke with a liquidity provider to subprime lender in CEE, who services around 50 subprime lenders. They came back in just a few days saying that a few lenders would like to join.”

These facts add up to the conclusion that Depository Network DEPO is a promising project with great potential. At the moment Depository Network is fundraising through a private round of ICO, which will soon be completed and the purchase limitations will be removed, making it easy for everyone to join and support us at ico.depository.network/user/

August 5, 2019