7 sorts of asset lessons here 1. Cryptocurrencies - Bitcoin, Monero, Zcash, Dash and Bitcoin Cash 2. Platforms - Ethereum, nem, icon and many others - distributed execution of smart contracts; ethereum has additionally turn out to be the proto funding bank for this whole trade 3. Utility tokens - these run on ethereum and are used to pay for computation - eg the golem token 4. safety tokens- like an fairness or bond moved onto the blockchain. They are heroes they are not heroes by coding in a basement, but by bringing individuals together in communities to effect change blockchain is about 80% enterprise and 20% technology and the know-how ought to be in service of the business idea David Katz has created plastic bank - enabling the worlds poor to get tokens by taking plastic out of the oceans Twiga Foods bets on blockchain to make microloans to kenyan street vendors IBM Food Trust™ is tracking how meals strikes from the farm to your desk - simplifying monitoring from 7 days all the way down to 2.5 seconds AT IBM we're focused on a brand new breed of blockchain, grown fromt he legacy of cryptocurrencies we desire a blockchain with accountability - realizing who you're buying and selling with, privateness, scalability and safety we have revealed a founders handbook - it says you want 3 issues: 1. Scope - dream massive, however act incrementally 2. Motivation - tokens are a great approach to encourage a group 3. Governance - the entire is bigger than the components - blockchain permits opponents towork together we are looking for blockchain disruptors and making them discoverable so we will be part of forces to change the world What's going to we resolve collectively?
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Jamie Burke: all the senior companions are waiting on the sidelines to enter this market, but there isn't sufficient liquidity for them - they are going to break the market after they are available in what goes to vary is that the online three will break up the monopolies of internet 2.0, but now we have additionally given a printing press to everybody, and they are making dangerous mony initiatives thata re trying to embed sport idea and behavioral economics are going to be a huge funding alternative some VCs have worked around the investment guidelines to put money into tokens. I imagine that in the following 5 years all stock trades will transfer into safety tokens 5. Natural asset tokens - representing an underlying commodity asset in a contract 6. Crypto collectibles - like cryptokitties and uncommon pepe - every one is exclusive and tradeable 7. Crypto-fiat currencies and stablecoins - fiat is issued by a authorities; stablecoins are tied to an underlying asset like a dollar or gold venezuala claims that their Petra is backed by oil, but there is no such thing as a proof that this is true. 20 years - how can we bring individuals and corporations collectively to build stadnards by way of shared sooftware we expect that hyperledger would be the linux of blockchain - it is a part of the linux foundation each android cellphone, most supercomputers and servers and every chromebook runs linux now the goal is to construct on shared infrsatructrue with none company feeling that they should own it the linux foundation has expanded past linux to completely different expertise domains - eg kubernetes and letsencrypt we take the function of being the plumbers, in order that if we do our job right you don't know we exist linux is 26 years old and still sees active improvement -10,000 line of code added a week, 5,000 eliminated and 25,000 modified we consider software program likr apps as disposable, but frameworks need to last and you need an organisation to help them hyperledger started a few years ago as a way of creating shared infrsatructure for ledgers thata re extra than simply coins lets take these uncooked ideas and put them on aconveyor belt to becoming industrially dependable platforms to do that you need to construct multilateral multistakeholder communities to help them outlast single firm's curiosity 2 of our porjects - sawtooth and fabric - at the moment are enterprise prepared it isn't just large corporations that support us but a lot fo startups too, in areas like aerospace and healthcare, banks as well as Smart Dubai as a memeber permissionless public bitcoin - permissionless non-public- polls, permissioned public: land title; degrees; permissioned non-public: medical information now we have a community of ledgers that clear up totally different wants - just as apps can use multiple APIs to attach domains we're targeted on every little thing besides enduser purposes - not app layer or buyer apps hyperledger Fabric is the grandaddy of our initiatives - it is one of the 2 key platforms that Smart Dubai has adopted one example is the Digital Trade Chain connecting Detsche Bank, HSBC and others and managing worldwide trade the Diamond Supply Chain is in manufacturing - provenance monitoring to avoid blood diamonds and conflict diamonds - tracks millions of diamonds Hyperledger Sawtooth - its just like the Cassandra to Fabric's MySQL a use case right here is tracking seafood monitoring to verify claims for waere fisha re caught dotblokchainmedia is using sawtooth to trace music rights too Hyperledger Indy is focused on self-sovereign identification, that keeps information more native to people rather than in centralised repositories the 6 largest banks in the Philippines are using Indy to construct a KYC system Hyperledger Burrow is a business transaction framework for good contracts Hyperledge Quilt is a toolkit for the interledger protocol that correlates transactions between different ledgers to make atomic transactions Hyperledger has a Governing board chaired by Blyth Masters of Digital Asset and a Technical steering committee We also have a Marketing Committee I'd like as an example this by speaking about healthcare information- use the ledger to track who has what bits of knowledge, but the precise healthcare information is kept off the ledger in case you publish information to a public ledger you cannot claw that again - a public blockchain or smart contract is just not revocable Community contracts like HIPAA and GDPR can't be expressed as sensible contracts - they nonetheless want governance we wish Minimum Viable Centralization - how can we cease the convenor of the agreements from turning into rent seeking?
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