Søren Peter Nielsen, Product manager at MakerDAO, explains how the dai credit system works. Learn how the dai stable coin works and what MakerDAO is working on in this video and on the website: http://conference2018.monetative.de/

Speech: "The Dai Credit System, A new infrastructure for financial applications on the Blockchain" at the Conference "The Future of Money - 10 Years after Lehman and Nakamoto" by Søren Peter Nielsen

Søren Peter Nielsen is Head of Product at MakerDAO where he does Product Management for the system that creates Dai – the first fully-decentralized asset-backed stablecoin on Ethereum. A stablecoin is a cryptocurrency that has low volatility relative to commonly used fiat currencies, making it significantly more useful as digital money.
MakerDAO sponsored the conference. Again we want to thank MakerDAO for the financial support.

The conference was jointly organized by the German NGO Monetative e.V. and the Frankfurt School Blockchain Center. It was supported by the International Movement for Monetary Reform

Monetative e.V.:
Monetative is a not-for-profit NGO. It was founded in 2012 as a think tank and campaigning organization. It has more than 160 members, many of whom work or carry out research in the field of monetary systems. The aim of Monetative is to inform society, academics and politicians how the current money system works and why the power of commercial banks to create money systematically produces financial crises. As an alternative money system, Monetative campaigns for a „Vollgeld“- or „Sovereign Money“-System.

https://www.monetative.de/ | Berlin, Germany

Frankfurt School Blockchin Center
The Frankfurt School Blockchain Center is a think tank and research center which investigates the implications of blockchain technology for companies and their business models. Apart from the development of prototypes, it serves as a platform for managers, startups and technology and industry experts to share knowledge and best practices. The Blockchain Center also provides new research impulses and develops training for students and executives. It focuses on banking, mobility, “Industry 4.0” and the energy sector.

http://www.fs-blockchain.de/ | Frankfurt, Germany

International Movement for Monetary Reform (IMMR)
The IMMR is an international coalition of nonprofit organisations from across the world, campaigning for a monetary system that serves society. We maintain a very clear and specific aim, namely to change the way money is created and allocated, but we are not dogmatic about the way our proposal is implemented as the details will vary from country to country. To serve this goal, the IMMR supports and connects various national member organisations to share ideas, discuss research and exchange best practices.

Read more: https://internationalmoneyreform.org