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VF2018: Keynote - 5 technical necessities to massive blockchain adoption (Toufi Saliba, CEO, TODA Network)

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TODA can help every blockchain to be placed on top of it, instead of only TCP/IP, thereby allowing every blockchain to benefit from Security, Efficiency, Confidentiality and Scalability. It can add value to a multitude of industries, from finance to fashion, space, healthcare, education, IoT and anything else that involves transactions of digital assets and information. Deployment of ledger-based systems (such as Bitcoin) on top of the TODA protocol is also currently being tested. For more information, visit the company's website at www.toda.network.

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VF2018: Keynote - 5 technical necessities to massive blockchain adoption (Toufi Saliba, CEO, TODA Network)

  1. 1. TODA CEO: Toufi Saliba toufi@toda.network / 650-227-4473 Blockchains: The 5 necessities Less than 0.2% Global Penetration Over 99.8% are still excluded
  2. 2. 2 The Promises Of The Blockchain Are Too Good To Pass On WHY?? Medical/Healthcare Legal Law Enforcement IoT Insurance HR Automotive Wills & Inheritance Travel Real estate Music Streaming Banking / Fintech Cloud storage Transportation Credit History Cybersecurity Donations / Charity Government f() Voting Land Registry AML ATF
  3. 3. Historically, free researchers were able to create solutions that are good for everyone 3 Are researchers free? Problem: Constraining Researchers CEO: Toufi Saliba https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473
  4. 4. Constrained researchers were able to create solutions that could destroy everyone 4 Are researchers free? Problem: Constraining Researchers CEO: Toufi Saliba https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473
  5. 5. ➢ Cost: Leaks money out of your region through every transaction ➢ Governance: Centralized financial control will be used against the holders, even if the current centralization is well under control, the future may not be ➢ Centralized Exchanges: Additional friction and control by Centralized Currency Exchanges 5 Beware of Current Electronic Money Offerings Problem: Let’s pick Fintech CEO: Toufi Saliba https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473
  6. 6. 6 Global Prosperity Can Be An Opportunity for every business and everyone Market Size $9T Processing 3 million secure transactions per second at 0.1% tx fee powering 8 billion devices Requirements Estimated unbanked emerging market size for financial services CEO: Toufi Saliba https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473
  7. 7. 7 They can’t be solved without further innovation Cars came first, then roads Cars Needed Roads To Perform Better than Older Vehicles
  8. 8. THE FIVE PROBLEMS 8 No Efficiency In ledger blockchains, each transaction is broadcasted to the entire network making it an incredibly inefficient way to achieve transaction finality. No Confidentiality Privacy is difficult to achieve for applications that require it and difficult to implement while being compliant with national jurisdictions. Little Security Ledger based blockchains fall short in providing true decentralization of power resulting in network forks or increased risks of 51% attacks. No Scalability The more the network is used, the less scalable and more expensive it becomes to use. CEO: Toufi Saliba https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473 No Interoperability Currently no matter what and how powerful a blockchain is, users still need to depend on third party for exchange of value.
  9. 9. THE FIVE PROBLEMS 9 Efficiency ConfidentialitySecurity Scalability CEO: Toufi Saliba https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473 Interoperability
  10. 10. ALL FIVE ARE NECESSARY 10 Efficiency ConfidentialitySecurity Scalability CEO: Toufi Saliba https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473 Interoperability
  11. 11. Core values: 11 CEO: Toufi Saliba https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473 ➢ Security & ➢ Efficiency & ➢ Confidentiality & ➢ Scalability & ➢ Interoperability
  12. 12. TODA CEO: Toufi Saliba toufi@toda.network / 650-227-4473 HowSECSI is your blockchain? Blockchains: The 5 necessities ACM Global Chair PB CC
  13. 13. 1 3 Network Communication Layer Network Packet Maximum Decentralization: No External Dependencies Same Level as TCP/IP But Security First
  14. 14. 14 Extending Information Exchange To Value Exchange The Evolution of TCP/IP No Servers, No Cloud No Database, No Miners all machines same class
  15. 15. Why do we care about the 5 global standard bodies? 15 CEO: Toufi Saliba https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473
  16. 16. 16 CEO: Toufi Saliba https://www.linkedin.com/in/toufisaliba/ toufi@toda.network/ 650-227-4473 Toda.Day May & November, 2018 ➢ 7 companies funded in one day ➢ 7 new ones onboard ○ Land.OT ○ Ethereum.OT ○ WhoKnows.OT ○ Oxiprotocol.OT ○ ReliablyMe.OT ○ ImpactPPA.OT ○ Polls.OT
  17. 17. The Toda.Network Solution 17 TODA-T: The TODA Protocol Protocol for secure P2P transactions of any network packet or digital asset 3 Organizations Built On Toda (BoT) Decentralized blockchains or decentralized applications (e.g. Banking, Advertising, Retail, Healthcare, Real Estate, Identity Management, Artificial Intelligence) 2 High Added Value, Near Zero Cost Highly profitable services for businesses, competitive prices for users and interoperability with other companies Built On Toda 1 Organizations Built on Toda 1 2 3
  18. 18. ○ Launched Jan 18 2018: 1 company building On Toda ○ Toda.Day I May 21: 7 new companies ○ Toda.Day II Nov 12:19 companies building On Toda ○ Expecting over 50+ Organizations building On Toda by 2019 18 Traction To Date CEO: Toufi Saliba https://www.linkedin.com/in/toufisaliba/ toufi@toda.network/ 650-227-4473
  19. 19. 19 Founders
  20. 20. 2 0 How?
  21. 21. CEO: Toufi Saliba https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473 Security Efficiency Confidentiality Scalability Interoperability SECSI

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