ICP Hub Canada & US Chain Fusion Event // Futurist Conference 2024 Upper Stage

ICP (Internet Computer Protocol) is a layer 1 blockchain platform that enables hosting complete applications on-chain, including frontend, backend, and storage

ICP uses a subnet architecture with 37 subnets globally, allowing for unbounded scalability through transparent execution sharding

Smart contracts on ICP (called “canisters”) can store up to 96GB of data and run WebAssembly code, supporting languages like JavaScript, TypeScript, Rust and Motoko

The platform features Internet Identity for seamless authentication without needing wallets, making it more user-friendly than traditional blockchains

ICP enables native Bitcoin and Ethereum integration through chain key cryptography, allowing cross-chain transactions without intermediaries

The network is governed through the Network Nervous System (NNS) DAO where all changes require community voting

Developers can launch their own DAOs through the Service Nervous System (SNS), which provides governance and tokenomics frameworks

ICP Hubs initiative has grown to 40 hubs globally in one year, focusing on education, incubation and community building

Key advantages include ability to host complete Web3 applications, lower costs compared to Web2 infrastructure, and true decentralization

The ecosystem includes tools for AI integration, NFTs/digital art preservation, and enterprise solutions with features like GDPR compliance