Dan was the creator of BitShares, STEEM (+ The SteemIt platform) and BitUSD three projects with a combined market cap of $886M and he is now the CTO of the company block.one who is building the EOS platform.

So what exactly is EOS? In their own words EOS “is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications.”

What does that mean?
Right now, there are hundreds of major companies, banks and governments looking to build enterprise level applications on the blockchain, and leverage the smart-contract technology of Ether.

The problem is, as we’ve seen with the rise of ICOs this season, these technologies don’t scale well. The goal is to change that by creating a system designed for enterprise level adoption, that allows large corporations to build DAPPS (Decentralized Applications).