Building A Compliance Ready Blockchain - Da Hongfei @ TOKEN2049
Join Da Hongfei, co-founder of Neo, at TOKEN2049 as he explores the intricate processes behind building a compliance-ready blockchain. In this insightful talk, Da Hongfei delves into the evolution of Neo, from its early days to becoming a leading blockchain platform with a vision for the smart economy. Highlighting key milestones, he discusses the importance of creating a digitized, programmable, and trustless economy, addressing the challenges and opportunities that come with compliance in blockchain technology.
Da Hongfei shares the journey of Neo, from its inception in 2014, through its successful rebranding and growth into an international, developer-focused community. He offers a detailed analysis of the future of decentralized exchanges, emphasizing the necessity of handling high transaction volumes and achieving interoperability and digital identity integration for a new era of compliant, decentralized finance.
This talk also covers the governance and technological underpinnings that set Neo apart, particularly its consensus mechanism, DBFT (Delegated Byzantine Fault Tolerance), which aims to ensure both speed and compliance. Da Hongfei outlines the strategic decentralization of consensus nodes across various jurisdictions to ensure security and compliance while fostering innovation.
Watch as Da Hongfei underscores the significance of transparency and a compliant-oriented mindset to meet regulatory requirements, aiming to bridge real-world business with blockchain potential.
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