Digital Transaction Limited
XPLL

12 November 2020

Digital Transaction joins Hong Kong Blockchain Week 2020 as start-up sponsor and speaker

Chief Marketing Officer Noëlle Gahan is invited to speak in a panel on the future of enterprise blockchains, in partnership with Cyberport Hong Kong.

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HONG KONG, 11 November 2020 - Digital Transaction Limited will be actively supporting and participating in this year's virtual Hong Kong Blockchain Week (17-19 November), as a start-up sponsor and exhibitor. Digital Transaction's CMO Noëlle Gahan will feature in the event's speaker line-up with Kenneth Choy, Consultant and Head of Technology Transaction Practice at Nixon Peabody CWL, in a panel discussion titled "Enterprise Blockchain for the Next Decade and its Legal Implications", where they will emphasize why companies looking to accelerate their digital transformation initatives should include 3rd generation blockchain technology as an integral part of their strategy.

New breakthrough blockchain technologies should encompass features such as GDPR privacy compliance (the "right to be forgotten"), provable immutability, speeds of up to 100,000 transactions per second, real-time latencies of less than 0.1 second, and the ability to emulate applications already developed on other blockchains to future-proof companies' existing investments. According to Gartner, "90% of current enterprise blockchain platform implementations will require replacement by 2021" due to their existing limitations and fragmentation, and this replacement will facilitate a shift towards a newew generation of blockchain with full feature sets specifically developed for enterprises.

About Digital Transaction Limited

Founded in 2018, Digital Transaction Limited (DTL) is a breakthrough blockchain technology company founded in Hong Kong. DTL is the home of ParallelChain™, the fastest, most scalable and the only GDPR privacy compliant blockchain in the world with provable immutability. With 6 pending US patents, DTL’s unparalleled technology and applications accelerates the ubiquitous adoption of blockchain in the commercial space by solving all the current limitations of widescale enterprise blockchain deployment.