Block Chain Development discussion 7
This weeks reading discussed the current state of blockchain technology and suggested what the technology may look like in the near future. The author provided several suggestions that would increase blockchains value to the enterprise. Create a new thread and choose whether you would consider interoperability or scalability to be more important to blockchains future. Explain your decision and use examples from Chapter 12. Then think of three questions youd like to ask other students and add these to the end of your thread. The questions should be taken from material you read or videos you watched from this weeks assigned activities. Youre not trying to test each other, but you are trying to start a discussion.
You must do the following:
1)Create a new thread.As indicated above,create a new thread, and choose whether you would consider interoperability or scalability to be more important to blockchains future. Explain your decision and use examples from Chapter 12. Then think of three questions youd like to ask other students and add these to the end of your thread. The questions should be taken from the material you read or videos you watched from this weeks assigned activities. Youre not trying to test each other, but you are trying to start a discussion.
Professor Michael Solomon
BLCN 532
Blockchain development
Chapter 12
Chapter 12
The Future of Blockchain and
the Challenges Ahead
Blockchain is a rapidly
maturing technology
Many issues remain
unresolved
Security is an important
issue
Migration from centralized
models can be difficult
The challenge is to mature
beyond Proof of Concept
(PoC)
Summary of key
Hyperledger
Projects
Hyperledger framework – business
blockchain technology
More than just Fabric
Hyperledger tools
Empowers blockchain development and
deployment in multiple types of
environments
Hyperledger Composer
DEPRECATED
Set of collaboration tools now integrated in
Hyperledger Fabric v1.4
The Road Ahead
Enterprise blockchain
and crypto asset-
driven ecosystem
Addressing the
divide
Business service
integration
Interoperability
Scalability and
economic
viability
Staying
Engaged
With
Hyperledger
Understanding business
drivers
Understanding technology
drivers
Key focus areas
Digital identities
Digital assets (including currency)
Cyber-physical integration
Security
Governance
Summary
The Future of Blockchain and
the Challenges Ahead
Blockchain is a rapidly
maturing technology
Many issues remain
unresolved
Security is an important
issue
Migration from centralized
models can be difficult
The challenge is to mature
beyond Proof of Concept
(PoC)