Year: 2019

Our Co-Founder & COO, Sukhi Jutla, was recently interviewed by Claire Brown in the 3rd episode of her podcast Power Women.
She talked about her journey and career and how she has overcome challenges on her way to become a successful entrepreneur.
She gives very useful tips and tricks on how to be more efficient at your job and to manage your work-life balance.
You can listen to the podcast here.
 

Our COO & Co-Founder, Sukhi Jutla, was recently quoted in E-Crypto News article “Now That China Has Embraced Blockchain Technology What Can We Do About It? (Exclusive)”.
She said: “It was always going to be the case that China would be powering ahead with blockchain implementation as they are typically fast to adopt new innovations and have resources in terms of talent and skilled technical resources to make large leaps of innovation. But more than that, they have the right mindset. They know that in order to secure a market it’s always beneficial to have first-mover advantage. Whilst other countries such as the UK and USA do have blockchain-related activities and initiatives, they are far slower and risk-averse to implementing changes that could fundamentally cause a lot of disruption. China’s policies in place foster creativity and new innovations and we may now see other countries racing to launch their blockchain projects in an effort to catch up with China but it may already be too late.”
You can read the full article here.
 

Our Co-Founder & COO, Sukhi Jutla, was recently portrayed in IT Finanzmagazin article titled “If banks want to survive, you have to create an experience”.
You can read the original article in German here.
Otherwise, here is a translation of the interview:
At the FinTech Inn conference in Vilnius, Lithuania, Sukhi Jutla spoke about how to motivate women to enter the blockchain and FinTech world. The co-founder of MarketOrders, an award-winning platform for the jewellery industry, has written the first bestseller on the topic of blockchain.
Ms. Jutla, you held a keynote at the FinTech Inn conference in Vilnius, which was intended to motivate women in particular to enter the world of blockchain and technology. What is your impression of the Lithuanian FinTech scene?
I was very impressed with the way Lithuania welcomed the FinTech scene and made important contributions and advances in this area. It is clear that Lithuania is a breeding ground for tech talents, equipped with curiosity and creativity that have helped to position itself as one of the world’s leading providers of FinTech.
So I was not surprised to hear on the second day of the conference that Vinted, a Lithuanian FinTech, had achieved unicorn status (over a billion dollars valuation). What an incredible achievement! And proof that Lithuania is at the forefront of FinTech innovations.
What is cool about FinTech, what do you like most?
I like how FinTech puts the customer at the center of the business model and omits disruptions and unnecessary middlemen that remove value from the supply chain and incur costs.
FinTech is about empowering individual users to be closer to their financial affairs and to manage them so that they are always at the center of the decision-making process.
You wrote a book on blockchain (“Authors and The Blockchain”). Why? Because nobody really understands the topic?
I wrote this book primarily because I wanted to learn this innovative technology but couldn’t find any books on the subject. So I thought it would be good to write one to learn it while guiding those interested in the field.
Do you think there will be bank branches in the near future? Or just smartphone apps and ATMs?
I see a world in which we will do all our financial things with the use of our phones. And the number of bank branches will continue to decrease, unless the banks can really make banking a real customer experience. But I doubt it.
If they want to survive, banks should use their branches to create a unique banking experience that encourages customers to come to the branches.
 
Sukhi Jutla is co-founder of MarketOrders ( website ), an award-winning, blockchain-based platform for the gold and diamond jewelry industry. The entrepreneur and author is a sought-after international speaker, thought leader and qualified IBM blockchain developer. She has received numerous awards, including Asian Women of Achievement and Female Entrepreneur of the Year. She was voted one of the Top 100 European Digital Pioneers by the Financial Times and Google. Jutla is the first author worldwide to write a bestseller about blockchain (“Authors and The Blockchain”).She also wrote “The Fintech Book” and “Escape The Cubicle: Quit The Job You Hate Create A Life You Love”. In 2019 Sukhi was appointed to the Board of Directors of the London Mayor’s “Digital Skills Partnership”.Within one year her company “MarketOrders” was nominated for more than 26 awards.

Our COO & Co-Founder, Sukhi Jutla, was recently quoted in E-Crypto News article “Governments And Cryptocurrencies- Regulating Cryptocurrencies?”.
She said: “Yes, the US government should create a Federal agency which would have to have oversight and direction over cryptocurrency policy and guidelines. They would need to operate independently so that they have room to innovate and not be influenced by the SEC. They also need to have room to explore this new technology without pressure from government departments who are keen on shutting the door to innovation without giving this technology a chance to flourish.”
You can read the full article here.
 

Our Co-Founder & COO, Sukhi Jutla, was recently featured in a number of Lithuanian publications regarding her speech about women in technology and her participation in the press conference at Fintech Inn 2019.
She was featured in several articles published by publications like Verrslo Zinios, LT news, Codest, Vilniaus Krastas, the Ministry of Finance of the Republic of Lithuania, Lietuvos Bankas, Pinigu muziejus, Lietuva, Lrytas, apfuture, and the Agency for Science, Innovation and Technology.
Fintech Inn is the largest and most significant international Fintech conference in the Baltics. This year, the event has gathered over 3000 attendees, over 500 Fintech companies from over 60 countries.
It is organised jointly by Lithuania’s Agency for Science, Innovation and Technology, the Lithuanian Ministry of Finance and Ministry of Economy and Innovation, the Bank of Lithuania, as well as Invest Lithuania. Fintech Inn is a forum, where established companies, startups, investors, associations, policymakers and technology leaders gather together to exchange knowledge and discuss the challenges facing the industry today.
Located in Vilnius – one of the most desirable European locations for Fintech, with a dedicated sandbox for developing innovative solutions in the sector. Fintech Inn is the space to find the connections, know-how and inspiration key to tackling the issues of tomorrow.

Our COO & Co-Founder, Sukhi Jutla, was recently quoted in CCN article “No Santa Claus Rally as Crypto Analysts Remain Extremely Bearish on Bitcoin”.
She told CCN: “As we edge towards the end of the year, the global landscape continues to look volatile caused primarily by the political uncertainties plaguing the UK with Brexit, impeachment charges against Trump in the US, and still unclear regulations around cryptocurrency uses across the financial landscape. These factors are not providing businesses with the clarity they need in terms of how and if they can utilize crypto in their business models.”
She added: “I predict it will be a slow burn and we’re unlikely to see BTC crossing the $10,000 mark as we close out this year.”
You can read the full article here.
 
 

MarketOrders Co-Founder & COO, Sukhi Jutla, was recently quoted in Finance Magnates article “Why Turkey is Gaining Speed as Crypto’s Newest Industry Hub”.
She told Finance Magnates: “An increasing number of Turkish people are already using cryptocurrencies and the increased financial instability in the economy lately has opened up this opportunity”. “With the Turkish Lira having experienced a significant fall in value over the recent years due to economic instability, cryptocurrencies can have a chance to flourish in this environment.”
She added: “it is in these conditions that Fintech can thrive so Turkey has a unique opportunity to become significant leaders in this field if they focus on developing this industry”.
You can read the full article here.
 
 

Our COO & Co-Founder, Sukhi Jutla, was recently quoted in Goal Crazy article “15 Ways Writing Your Goals Helps You Achieve More”.
She told Goal Crazy: “I always write down my goals. Writing down your goals helps to solidify your thought process and also frees up space in your mind where you always have many thoughts that can sometimes conflict with each other. Pulling out your goals onto paper and seeing it on black and white helps me to double down on what I am focusing on and acts a mental cue as to where I should be spending my time and focus.

Seeing my goals written down serves as a daily reminder of what I am working on and why. In today’s digital world where everything is designed to rob you of your time, focus, and attention, it is vital you have practical techniques in place that constantly remind you of what you want to work on.

As ultimately, where you put your time and attention is what will increase and flourish in your life. So if you are constantly reminding yourself of your goals that are written down and you look at them on a daily basis, this will act as a subtle and gentle cue for you to refocus on those goals.”

You can read the full article here.