GEO Protocol by Lena Kuznetsova at CoinFund Rabbithole Talks
CoinFund Rabbithole Talks | April 16, 2019 | Slides here
Lena Kuznetsova, US Representative for GEO Protocol, speaks about the Need For Layer 3 solutions on the Internet of Value. She discusses the problems of current protocol solutions and how Layer 3 technologies (taking GEO as an example of one) can solve these issues. The emphasis is on educational content rather than a singular focus on a GEO explainer.
GEO is an open-source base layer protocol for cost-efficient, lightweight and infinitely scalable value transfer, merging blockchain and traditional finance worlds together. GEO solves an existing problem of siloed networks by creating a universal infrastructural layer for seamless inter-network transactions. Local consensus and absence of common ledger let GEO overcome throughput, speed and cost limitations that the blockchain industry is currently facing. GEO protocol provides full atomicity for multi-ledger networks, allows to conduct complex transactions atomically with several assets and implements post-quantum cryptography for long-term sustainability.