[KBW 2019-D.FINE] David Chaum "Blockchain is getting attention because of metadata protection"

2019 D.FINE Conference

[KBW] David Chaum Founder of Elixxir & Praxxis Picture=Dong-il Seo Photographer

[파이낸셜뉴스] “Information control is a bigger problem than money, and that's why we're looking at blockchain technology,” said David Chaum, founder of Elixxir & Praxxis.

At the 2019 Korea Blockchain Week(KBW2019)’s main conference D.FINE held at Grand Intercontinental Seoul Parnas in Teheran-ro, Seoul, Oct. 1, Chaum particularly emphasized the protection of metadata. “Metadata is structured data that allows access to other data,” he said. “A lot of information is stealing our privacy. What's more frightening is that this information takes control of our society as a whole, such as being abused to manipulate our political opinions,” he added.

A computer scientist and cryptologist, Chaum developed and commercialized ecash, the first commercial cryptocurrency aimed at ensuring transaction anonymity.

At the conference, he also introduced new Cryptocurrency 'Praxxis,' which is applied with Quantum-Resistant encryption technology. "Praxxis was designed to achieve the Peer to Peer(P2P) pursued by Bitcoin founder Satoshi Nakamoto. We expect the White Paper to be released by the end of this year," he added.

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