Block Chain Development discussion 7 This weeks reading discussed the current state of blockchain technology and suggested what the technology may lo

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

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Block Chain Development discussion 7 This weeks reading discussed the current state of blockchain technology and suggested what the technology may lo
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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)