International Symposium on Blockchain Advancements ─ Ultra-efficient Blockchain Design

Coinlive reporting at the International Symposium on Blockchain Advancements: A New Interoperability Dimension Coupling DeFi and CeFi event at InterContinental Singapore. Dr. Radia Perlman, who is currently a Fellow at Dell EMC and is called the “Mother of the Internet”, is covering the topic “Ultra-efficient Blockchain design”. She opens her speech by introducing blockchain, pointing out that the hype of bitcoin, the representative of cryptocurrency, is due to people making money from it. The more hype it gains, the more money gets poured in. Dr. Radia also explains bitcoin’s goals, which is decentralisation, and design, which is a ledger that could prevent false transactions. She also talks about the usage of blockchain and the problem it is solving. She tells us not to assume blockchain will be the right solution for everything and remember to compare various approaches in order to choose the right one.