Describes the revolutionary features of the Monetas universal transaction system. Presented by Johann Gevers, Monetas CEO, at Toronto Bitcoin Expo in April 2014.

1. The world’s universal transaction
system.
Johann Gevers Co-founder and CEO
johann@monetas.net

2. ON-chain and
OFF-chain technologies
are complementary
and synergistic

3. Blockchain
Advantages
ideal for:
 decentralized consensus
 uncensorable records
 public auditability
e.g. inflation-proof currencies,
secure voting systems,
property registries, etc.

4. Blockchain
Disadvantages
transactions are:
 slow
 expensive
 public

5. Off-chain systems
transactions are:
 fast
 cheap
 private
Ideal for retail transactions,
micropayments, resource allocation, etc.

6. Best of both worlds
Store assets on-chain
> asset layer
Trade assets off-chain
> transaction layer

7. Individuals act
Communities transact
Transactions are the essence of society.
If we improve transactions,
we improve society at its core.

8. What is a transaction?
A transaction is a legal agreement
> a contract
Transaction systems are
contracting systems.

9. Features of an Ideal Transaction
System
1. Universal > all contracts & instruments
2. Secure
3. Private
4. Fast
5. Cheap
6. Easy to use
7. Global platform, open standards

10. The Monetas Platform
for Digital Commerce

11. Universal Platform
Turing Complete

12. Speed

13. Monetas transactions:
1/10 th of a second
1,000 times faster
than blockchains

14. Cost

15. Monetas transactions:
1/10,000th of a cent
1,000,000 times
cheaper
than blockchains

16. Security
Theft-proof wallets
via voting pools + hardware element
Unforgeable
transactions
via triple-signed receipts

17. Architecture
Decentralized
Open

18. Enterprise-class
Platform
 cloud hosted or self-hosted
 load balancing
 modular
 integration with any database
 web services
 admin tools

19. Monetas brings a
partnership approach
to the
digital finance ecosystem

20. Ubiquitous Integration
 blockchain systems:
Bitcoin, Ethereum, Litecoin
 non-blockchain systems:
Ripple, legacy financial system

21. Monetas
 complete, integrated digital commerce
infrastructure and ecosystem
 cross-platform drivers, plugins, and
APIs for easy integration with existing
systems

22. Our open platform enables developers to
rapidly build
powerful, flexible,
best-in-class applications
that offer unrivalled speed, security, and
interoperability
based on open standards.

23. Our technology enables you to build
next-generation:
 theft-proof wallets
 decentralized exchanges
 low-cost merchant solutions
 micropayment applications
 resource allocation solutions

24. One more thing…

25. Crypto Valley

26. The world’s universal transaction
system.
Johann Gevers
johann@monetas.net