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Wednesday, October 17 • 9:40am - 10:10am
The Future of Micropayments with Hedera Hashgraph

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To conclude the morning keynote presentations, Patrick Harding, SVP of Product at Hedera Hashgraph, and Jon West, VP of Blockchain Engineering at Thomson Reuters, will take the stage to discuss the future of cryptocurrency micropayments, and the tax and accounting requirements to be expected.
Patrick will present a brief history of micropayments and how we got to where we are today. He’ll present a live demonstration of in-browser micropayments, using an open source decentralized application and wallet extension built on Hedera Hashgraph. The micropayments dapp was created as a developer example to demonstrate the fundamentals of building a dapp on Hedera Hashgraph, while showcasing the speed and efficiency of Hedera cryptocurrency transactions which enable practical micropayments.
Jon will be discussing how cryptocurrency micropayments will be treated as taxable events, and accounting for them becomes a business requirement. He’ll explain potential ways businesses might treat distributed ledger technologies (DLTs) in relation to traditional ERP software, and how DLTs will revolutionize financial business dealings globally. Jon will conclude his presentation with a real-world example of utilizing DLTs and cryptocurrency micropayments for government tax remittance purposes, leading to reduced costs and improved efficiency for both businesses and governments.

Speakers
avatar for Patrick Harding

Patrick Harding

SVP of Product, Hedera Hashgraph
Patrick has more than 25 years of distributed computing, cyber-security, and digital identity experience, and is the Senior Vice-President of Products at Hedera hashgraph. Most recently as CTO for Ping Identity (acquired by Vista Equity), he was a key member of the executive team... Read More →
avatar for Jon West

Jon West

VP of Blockchain Engineering, Thomson Reuters
Jon has 30 years of technology experience in the tax, accounting, legal, and mortgage markets. Jon began as a software developer, then architect, and now technology business leader.  He has developed and delivered large-scale software products generating up to $1B in revenue, and... Read More →


Wednesday October 17, 2018 9:40am - 10:10am
Trinity Ballroom