This talk will provide an overview of blockchain and crypto networks and use that as a jumping off point for a discussion on blockchain scalability to meet real enterprise use cases. To start, we will give a short overview of what blockchain and crypto networks are and what unique properties they have. Then we will move on to discuss the following topics:
Imagine a scenario where data is kept on hard drives or disks you own, phones can only… well… make phone calls (or send simple text messages), and currency is only of the traditional fiat kind. Welcome to 1999. Back then, cryptographic keys were secured only by hardware, tokens or smart cards – solutions that for the most part worked well without many security and privacy concerns. In 2019, interconnectivity and growth of data have exploded and the digital world continues to expand at breakneck speed, with 20 billion networked devices and data anticipated to grow tenfold from 2017 to 2025.
The currency ecosystem is also unrecognizable from 1999; daily crypto trades are at $30 billion across over 2000 cryptocurrencies in the market. Total market cap for cryptocurrencies is at around $130 billion as of March 2019; Tier 1 banks want to get in the game, exploring cryptocurrency services; and the blockchain industry, including blockchain for enterprise applications, is expected to reach a $23.3B market value in at least 20 industries by 2023.
Cryptographic key management is vital for the future of wide-scale blockchain – and can make or break the success of both the cryptocurrency ecosystem and the enterprise blockchain adoption movement in the years ahead. Join Unbound Tech’s Solutions Architect Allan Konar to learn why blockchain keys matter, how blockchain security is advancing beyond hardware, and why multi-party computation is winning the cold-vs.-hot storage war.