Connecting blockchains as the final step for mass adoption of cryptocurrencies
ICOs are raising more money than ever and blockchain is clearly the buzzword of the day. But today’s blockchains are showing its limits: on-chain transactions and trading is too slow and is pushing users to centralized services. How to solve these problems? Toby Hoenisch, TenX Co-founder & CEO and one of the world’s top blockchain experts, will explain what is needed to securely connect blockchains using off-chain lightning channel networks to bring down the costs of trading and transactions, why it’s the beginning of a new era and how it will pave the way for mass adoption of cryptocurrencies. He will also give an update on the development of the COMIT protocol (Cryptographically-secure Off-chain Multi-asset Instant Transaction network).
About the Speaker
Toby Hoenisch
Co-founder & CEO of TenX Thrill-seeker, passionate learner of everything learn-able, who makes impossible possible, Toby started programming at the age of 10 and hacked the school computer system. Having realized the unlimited potential of technology, he studied Computer Science and Artificial Intelligence and became a serial entrepreneur & blockchain expert. Following his mission to bring the massive benefits of blockchain to the masses and make cryptocurrencies spendable anytime anywhere, he built COMIT, an inter-blockchain protocol to allow for real-time transactions across blockchains from any asset to any other and founded a Singapore based FinTech company TenX. It has raised USD $80 million in its initial token sale.
Toby is a frequently invited speaker at global Tech/FinTech events as well as a regular commentator in the media on current blockchain trends, the future of cryptocurrency and best ICO practices. When he is not architecting and re-envisioning the world of finance, he can be found dancing salsa or practicing acroyoga.