Last week, Hcash and several of its community members and representatives attended the second annual APAC Blockchain conference in Melbourne, Australia. The conference, which has ‘welcomed over 150 leaders at the forefront of Blockchain adoption’ aims to bring together startups, innovators, those driving change in traditional industries and regulators to share knowledge and experience; discussing how Blockchain technology can transform current processes. Through this initiative, those operating in this space will not only have a better understanding of how others (such as those in government, members of the public and other Blockchain firms) view the space, but how to best overcome those obstacles and challenges that prevent the implementation and widespread adoption of this technology.
Many prominent figures attended and spoke at the event, such as Robert Kahn (the co-inventor of TCP/IP protocols), Da Hongfei (the founder of NEO), Civic Ledger (board member of Blockchain Australia) and companies such as Blockchain Centre, Horizon State, Vechain, ANZ, Westpac, the Australian Government’s Fintech Advisory Group, ASIC and many more.
Hcash would like to thank APAC for allowing it to sponsor and operate a booth at its event. During which, Andrew Wasylewicz, our Business Development Manager began the event by giving a keynote presentation as to what Hcash is, its objectives and where it sees itself in the future.
For those who need a refresher, Hcash primarily is a project which aims to provide interoperability between Blockchains. Its system will allow information to flow freely between different Blockchains, whether block-based or block-less, allowing for more access and ease of use for users within the cryptocurrency industry. Secondarily, Hcash aims to solve several other fundamental issues that it seems as important such: security, privacy, speed, transaction fees and governance.
Hcash is working everyday towards achieving these goals. Some examples of the efforts that we are putting in towards solving these issues can be seen through the implementation of our quantum resistant BLISS (Bi-modal Lattice Based Signature Scheme) in our upcoming main chain. This will be the first ever lattice-based signature scheme used in a Blockchain network. Through this, Hcash will provide a true innovation to the industry, while allowing its users to protect their tokens.
Another example can be seen through the Monash University Blockchain Laboratory, which aims to ‘build practical Blockchain-based solutions with rigorous security’ that will first be applied to Hcash. Led by Dr. Joseph Liu, otherwise known as the Godfather of Monero whose 2004 thesis on linkable ring signatures was implemented as a part of their core RingCT technology aims to help improve Hcash’s privacy functions, allowing it to implement superior privacy mechanisms.
Dr. Liu also made an appearance at the event, representing Hcash as a technical panellist, discussing with others what he believes ‘are the major technical challenges still facing Blockchain technologies’.
During the rest of the event, we had the awesome opportunity of conversing with several enthusiastic fans and interested parties. Through sharing ideas and exchanging contact information with like-minded and positive innovators, it felt like this conference was a huge success. There are so many invested individuals, all wanting to ‘make their mark’ on the industry and change things for the better.
Overall, the event was inspiring. No matter what happens in the future, it’s clear that Blockchain is here to stay.