2019 CHAINSIGHTS | Eric Gu: Speed is Essence in the Financial Industry
[ChainDD report] October 10 (ChainDD) According to the live report from New York, at the 2019 CHAINSIGHTS Fintech and Blockchain Summit hosted by ChainDD, the CEO of Metaverse DNA Eric Gu shared his perspectives about defi, digital assets, identities and oracle.
Eric Gu realized the fact that bitcoin is too slow with only 7 transactions per second. He said, "If you're in the financial industry, speed is essence. How to execute fast trade is very, very important. 7 transactions a second, no".
He pointed out that performance, oracle, identity, security, and interoperability are five pillars for public chain to change that situation.