Hybrid Authentication in Decentralized Banking – Marco Lafrentz

Published on June 20, 2021

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Hybrid Authentication in Decentralized Banking
Marco Lafrentz, Director of CPaaS Business Line, tyntec

As blockchain permeates use cases across industries, we’re entering a phase of “blockchain meets the old centralized world”. We’ll delve into this hybrid world with this keynote.
Taking banking as an example, we’ll discuss what tyntec is learning from integrating centralized authentication technology into
Datarella’s distributed banking backbone featuring identity management, financial accounting, cashless payments, settlements and auditing.

Demoing tyntec’s 2FA smart contract (integrated right into a cryptocurrency wallet on the banking OS), we’ll identify problems that on-chain experiences can run into, and how off-chain systems can enable a hybrid solution — bridging the gap between the
centralized and decentralized world.

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What Do Hybrid Blockchains Do, Hybrid Authentication in Decentralized Banking – Marco Lafrentz.

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