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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
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
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
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
➢ 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
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
They can’t be solved without further innovation
Cars came first, then roads
Cars Needed
Roads To
Perform Better
than Older
Vehicles
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.
THE FIVE PROBLEMS
9
Efficiency ConfidentialitySecurity Scalability
CEO: Toufi Saliba
https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473
Interoperability
ALL FIVE ARE NECESSARY
10
Efficiency ConfidentialitySecurity Scalability
CEO: Toufi Saliba
https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473
Interoperability
Core values:
11
CEO: Toufi Saliba
https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473
➢ Security &
➢ Efficiency &
➢ Confidentiality &
➢ Scalability &
➢ Interoperability
TODA CEO: Toufi Saliba
toufi@toda.network / 650-227-4473
HowSECSI is your blockchain?
Blockchains: The 5 necessities
ACM Global Chair PB CC
1
3
Network Communication Layer
Network Packet
Maximum Decentralization: No External Dependencies
Same
Level as
TCP/IP
But
Security
First
14
Extending Information Exchange To Value Exchange
The Evolution of TCP/IP
No Servers, No Cloud
No Database, No Miners
all machines same class
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
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
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
○ 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
Founders
2
0
How?
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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VF2018: Keynote - 5 technical necessities to massive blockchain adoption (Toufi Saliba, CEO, TODA Network)

  • 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 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. 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. 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. ➢ 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 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 They can’t be solved without further innovation Cars came first, then roads Cars Needed Roads To Perform Better than Older Vehicles
  • 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. THE FIVE PROBLEMS 9 Efficiency ConfidentialitySecurity Scalability CEO: Toufi Saliba https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473 Interoperability
  • 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. Core values: 11 CEO: Toufi Saliba https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473 ➢ Security & ➢ Efficiency & ➢ Confidentiality & ➢ Scalability & ➢ Interoperability
  • 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. 1 3 Network Communication Layer Network Packet Maximum Decentralization: No External Dependencies Same Level as TCP/IP But Security First
  • 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. 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 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. 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. ○ 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
  • 21. CEO: Toufi Saliba https://www.linkedin.com/in/touficsaliba/ toufi@toda.network/ 650-227-4473 Security Efficiency Confidentiality Scalability Interoperability SECSI