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2018
10/23
09:48
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  • 摘要: Former Chairman of CFTC Gary Gensler predicted lots of challenges will be solved somewhat in the next three to seven years instead of in three to seven months.

    Former CFTC Chairman: Challenges Blockchain Faces Could be Solved in Next Three to Seven Years

    October 23 (ChainDD) In CHAINSIGHTS Blockchain Leadership Summit 2018 held in New York, Gary Gensler, former Chairman of the Commodity Futures Trading Commission (CFTC) and former Under Secretary of the Treasury for Domestic Finance, said blockchain industry faces lots of challenges about performance, scalability, efficiency, privacy and security. In his keynote speech, Gensler predicted these challenges will be solved somewhat in the next three to seven years instead of in three to seven months.

    Gensler though it’s a little tougher to solver governance and collective action than sidechains, lighting network and other public blockchain’s issues. He pointed out decentralization has costs about coordination, governance, scalability and security.

    CHAINSIGHTS Blockchain Leadership Summit 2018 is the first ever CHAINSIGHTS conference and the highest level industry summit in U.S. hosted by a Chinese entity . Many high profile experts of regulation, academy, finance, technology and media were invited to share their in-depth insights into the future trends of blockchain.

    As the summit organizer, ChainDD will continue to build the best global platform for industry leaders to exchange ideas, and get connected with each other.

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