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.
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
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