Diva.exchange at the HackThePromise conference: a new perspective
In a world of constant technological development and advancement, the HackThePromise conference stands as a beacon of innovation, collaboration, and the pursuit of a brighter future. The meetup brings together some of today’s brightest minds in technology, entrepreneurship, and social change to explore, discuss, and predict tomorrow. The diva.exchange association also participated in the conference.
HackThePromise was born out of the belief that technology when used thoughtfully and collectively, can be a powerful catalyst for positive change. This conference was designed as a platform for tech enthusiasts, modern media researchers, and social entrepreneurs to come together and understand how technology can be used to solve some of the world’s most pressing problems.
The conference was based on several key principles:
Innovation through collaboration: HackThePromise fosters an environment where interdisciplinary collaboration is encouraged. It recognizes that solving complex problems often requires input from experts from different fields.
Social Impact: a central theme of HackThePromise is to explore how technology can be used to create positive social impact. Participants are strongly encouraged to consider the ethical dimensions of their innovations.
Inclusivity: the conference invites participants from different environments and industries. Diversity of viewpoints is seen as a driving force for innovation.
Presentation by diva.exchange: Free banking technology for everyone and how could everyone earn an income?
The diva.exchange association participated in the conference and presented on the future of digital finance. Obviously, digital values have become dense and some of them have great scientific and/or practical value (e.g. Bitcoin, Ethereum, Monero…). But is the existence of cryptocurrencies and the existing systems that enable their circulation the ultimate and highest point of digital finance? The answer is simple, although it does not lie on the surface: there is a need for truly distributed, consistently privacy-protecting, system-independent, and at the same time cross-system trading systems that, like the underlying systems, function stably without centralized management bodies.
Such an environment is developed by diva.exchange: DIVA – free (open source) software – is presented as a complete and real distributed system on individual nodes by unknown beings or bots.
DIVA uses I2P technology, which is a software layer (“overlay”) that utilizes the existing Internet to connect between nodes. A number of media outlets refer to I2P as the “darknet”. That said, the I2P network has been around for over 20 years and is reliable. A key characteristic of I2P is privacy: all messages in I2P are encrypted multiple times (multiple layers that are individually separated by routers). Messages move across the network through multiple I2P nodes, thus hiding their origins and destinations – this is the “anonymity” of I2P.
DIVA uses the DIVAchain blockchain (DIVAchain is an open-source blockchain) as the underlying data storage tool in its distributed system. DIVAchain uses a further development of the “practical Byzantine Fault Tolerance (pBFT)” method as a consensus algorithm.
In the context of the green economy, we note that the DIVA algorithm requires virtually no computing power and is not a “token/coin”. Unlike the most widespread cryptocurrencies of today, the generation of which requires significant energy costs, the distributed nature of DIVAchain consumes a minimal amount of electricity (fun fact – no more than 35 kWh of electricity is required – so much is needed to run a coffee maker three times a week).
The energy efficiency of the DIVA network removes the limits imposed by expensive energy resources – it is now possible for participants worldwide to join, not just from regions where energy resources are cheap.
HackThePromise is more than just a conference; it’s a movement that unites the potential of technologies shaping a brighter future for all. By encouraging collaboration, ethical innovation, and social impact, it has become a driving force for positive change in the world of technology, finance, and ethical innovation.
THIS IS DIVA.EXCHANGE
The non-profit association diva.exchange, Switzerland, uses a barrier-free and collaborative approach to create free banking technology for everyone. Open-source technology ensures the privacy of all participants in the financial system of the future. The blockchain-based system is fully distributed. Everyone can participate in diva.exchange.
Diva.exchange is committed to the belief that only commercially free technology can reliably protect user privacy.
Collaboration with the scientific community plays an important role in the development of diva.exchange. The results of diva.exchange research are constantly being validated by academic institutions and publicly presented at specialized conferences.
LEARN MORE ABOUT OUR WORK
All technical information is available at: https://github.com/diva-exchange/
I2P beginner’s guide and installation guide:https://www.diva.exchange/en/privacy/introduction-to-i2p-your-own-internet-secure-private-and-free/
All videos are here: https://firstname.lastname@example.org:d/
Introduction to I2P: https://en.wikipedia.org/wiki/I2P
Testnet of diva.exchange: https://testnet.diva.exchange
If you still have questions you can always find us on Telegram: https://t.me/diva_exchange_chat_de (in English, German, or Russian)