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The Future of Blockchain Technology: Building It Decentralized, Secure and Efficient

The core challenges facing the crypto community as they strive toward mass adoption.

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This episode is sponsored by EY.

The crypto community is faced with the challenge of scalability. Can we build a blockchain that is secure, permissionless and scalable? And what needs to happen in order for people all over the world to start using it easily?

The answer to the first question is still up for debate. There are many different solutions being proposed, but no clear consensus has emerged. The second question is easier to answer. In order for blockchain to be adopted on a mass scale, it needs to be easy to use. This means building user-friendly interfaces and simplifying the process of buying, selling and exchanging blockchain-based assets. It also requires increasing the efficiency of blockchain networks so that they can handle large numbers of transactions without slowing down. These are daunting challenges, but if the blockchain is going to achieve its full potential, they must be conquered.

Join "Money Reimagined'' host Michael Casey as he discusses these issues with Alex Zinder, the global head of Ledger Enterprise, and Dr. Naveen Singh, the CEO of Inery Blockchain. They'll discuss Ledger's Nano series of hardware wallets, which allow users to keep their tokens safe in their hands, and Inery's blockchain protocol, which helps manage both a decentralized storage network and a decentralized database. They'll also talk about how these technologies can help make blockchain more user-friendly as they also dive deeper into the core elements of security, decentralization and efficiency.

Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code MONEYREIMAGINED15 to get 15% off your GA and Pro pass at coindesk.com/consensus2022.

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine. Our theme song is “Shepard.”