FinTech and Funding Conference Coming to Toronto

The Conference will bring together 50 speakers, 12 pitching companies, and a multitude of networking and partnership opportunities

02 March 2018 350

The Fintech and Funding Conference will take place in Toronto, Canada, on March 5 - 6, 2018, focusing on blockchain, cryptocurrency, funding and fintech innovation through world-class education, workshops, and networking.

As it is stated on the official website of the event, this year’s theme VELOCITY explores the speed of innovation, adoption and scaling blockchain technologies, cryptocurrency and alternative investing markets featuring more than 50 speakers, 12 pitching companies, and a multitude of networking and partnership opportunities.

Date: March 5-6, 2018
Day 1: Full day at the historic Design Exchange (234 Bay Street, Toronto)
Day 2: Half day at Dentons Canada LLP (77 King Street West, Suite 400, Toronto)
Tickets: $50 – $450

FFCON18 will bring together fintech leaders, investors and emerging innovators from start-ups to scale-ups to government regulatory bodies and agencies who have a vision for the future of finance.

Lou Kerner, co-founder and Partner at CryptoOracle.io will speak on the Future of Bitcoin and Crypto; Diana Adachi, CEO at Pegasus Fintech Inc., will touch upon the exponential Value Inherent in Blockchain and Its Transformative Potential; Sheldon Pollack, chairman at Ov2 Capital, will talk on scaling Fast and Defining New Industries.

Blockchain EOS

7 Accounts blocked by EOS BP without Going an Arbitration

EOS is facing another issue just days after its mainnet activation, as the newly elected block producers have frozen 7 EOS accounts on suspicion of being stolen

19 June 2018 49

The backlash began as the block producers did go over arbitration, an integral part of the EOS’s governance system. The critics are certainly questioning the credibility of the project. Jackson Palmer, the creator of Dogecoin and a well-known person in the blockchain industry, questioned the very governance process constructed by EOS and the role of EOS Core Arbitration Forum (ECAF).

The structure of EOS’s governance has been parted into 3 distinct groups - block producers, arbiters, and token holders. This separation resembles the executive, constituency, and judicial, of any governed system respectively.

On 17 June 2018, the top 21 Block Producers unanimously agreed to protect property that may have been compromised through phishing attacks or other scams where member’s private keys were compromised. The EOS911 initiative was created by EOS42 as a way to prevent victims of private key theft from having their tokens lost once the 72-hour unstacking period ended following the EOS Mainnet Launch. Once that period ended, the thieves would be free to transfer the tokens wherever they’d like, rendering futile any recourse available to the community at this time.
EOS New York, in their recent post

So, in this case, the block producers did not go with the arbitration, rather they only conferred with them. Then the post added:

Foreseeing the process that would be required to act, EOS New York, on a call with BPs and BPCs, requested an expedited review of the merits of the case from ECAF (EOS Core Arbitration Forum) who was also on the call. The idea was that if ECAF found merit in the evidence provided, a formal ruling from ECAF would ask the BPs to “freeze” the accounts in question until such time that a thorough and formal review of the claims could be completed.
EOS New York, in their recent post

This is not the first problem EOS is facing amid its mainnet activation, as within 48 hours of that, the network suspended because of some bug. Though the error only led to a 5-hour network blackout, that is surely not something the team would have expected.