Why a Second Layer on a Blockchain is Essential for Solving Fintech Problems

Helghardt Avenant

CEO and Co-Founder of Rehive

Why a Second Layer on a Blockchain is Essential for Solving Fintech Problems

10:45 AM 9 March 2018

2018 is the year of second layer implementations on blockchains.

Blockchains tend to be inefficient and expensive at scale. CryptoKitties, a digital collectables game on Ethereum, directly impacted the network transaction speed at its peak. Bitcoin transaction fees have become ridiculously expensive to ensure network confirmation.

Helghardt will talk about why second layer protocols and platforms are key to enable innovation and solving fintech problems. He’ll look at current projects and implementations of second layer protocols/platforms in the industry.