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October 23-26, 2017 - Prague, Czech Republic
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Tuesday, October 24 • 16:55 - 17:35
The Intelligent Decentralized Cloud - Tom Ding, String

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We are building a new kind of protocol using blockchain technology. DFINITY is building a new kind of public decentralized cloud computing resource. This rests upon a new blockchain computer that is similar in concept to Ethereum but has vastly improved performance and, ultimately, unlimited capacity. Enterprise IT systems running on this computer will be unstoppable and won't need to involve complex components such as databases, backup and restore systems or Amazon Web Services, allowing costs to be cut by 90% or more by reducing the supporting human capital required. Furthermore, it will enable the creation of open source decentralized businesses using self-updating autonomous software systems that may eventually be able to disintermediate and beat out monopolistic organizations such as Uber, eBay, Gmail and others. Such a powerful public resource requires governance, and DFINITY also introduces algorithmic governance in the form of a "Blockchain Nervous System" that can protect users from attacks and help restart broken systems, dynamically optimize network security and efficiency, upgrade the protocol and mitigate misuse of the platform, for example by those wishing to run illegal or immoral systems. The network will be highly disruptive and is being developed by a team of visionary and heavy hitting scientists and engineers unlike anything seen in crypto before.


Speakers
TD

Tom Ding

Co-Founder and CEO, String
Tom is the co-founder & CEO of String Labs, a venture-backed open protocol studio, incubator and investor, based in Palo Alto. Its “moonshot” projects span from next-generation blockchains (with $9M+ in funding), autonomous commercial banking, and consumer-grade digital asset... Read More →


Tuesday October 24, 2017 16:55 - 17:35
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Attendees (4)