How secure is blockchain technology, really? Rob Pope, CTO & Co-Founder of our mobile app development company aims to find out with his South by Southwest (SXSW) 2019 presentation, “Crypto Crime: How to Steal Cryptocurrency”.
In recent years, blockchain has become synonymous with cybersecurity. Yet, each day brings news of another crypto exchange hack. And the consequences can be severe—in the first half of 2018 alone, according to CNBC, $1.1bn in crypto assets were stolen from exchanges. Since the start of 2017, MIT Technology Review reported that hackers have made off with almost $2 billion worth of cryptocurrency.
In Rob’s SXSW session, he will examine why this false sense of security exists with blockchain technology. He’ll also show attendees why cryptocurrency is not as secure as the general public believes with a live hacking demonstration of how hackers are able to steal cryptocurrency. Pope will also cover processes and protocols which can be used by blockchain app developers to properly protect crypto assets.
Founded in 1987, SXSW is a conference and festival that celebrates the interactive, film, and music industries. The convention is held in Austin, Texas each year and is considered the world’s largest gathering of creative professionals. This year’s event will be held from March 8-17.
Rob Pope’s SXSW 2019 session will be held on March 15 at 5 PM in Hilton Austin Downtown’s Salon K.