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Application of cryptocurrency innovation beyond the financial world

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Blockchain as a medium for organization of Academia-Business cooperation. The Open Source University at OS.UNIVERSITY as a case study.

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Application of cryptocurrency innovation beyond the financial world

  1. 1. APPLICATION OF CRYPTOCURRENCY INNOVATION BEYOND THE FINANCIAL WORLD THE CASE OF THE ETHEREUM BLOCKCHAIN AS A MEDIUM FOR ORGANIZATION OF ACADEMIA-BUSINESS COOPERATION Monetary Research Center, UNWE 12.10.2017
  2. 2. OPEN SOURCE UNI R&D TEAM • Hristian Daskalov, Ph.D. Candidate at Technical University - Sofia • Prof. Dr. Eng. Ognyan Andreev, Head of Department of Industrial Management • IO ERA software consultancy and development company: Jordan Jambazov, Dobromir Kovachev, Petar Angelov, Momchil Jambazov, Vladimir Tassev • Academic and corporate partners: Brain Workshop Institute, Investor Media Group, Mandalay International University, University of Finance, Business and Entrepreneurship /VUZF/ • Advisors: Prof. Sergey Ignatov, Detelina Smilkova, Kuzman Iliev, Vladimir Sirkarov, Dr. Angel Georgiev, Evelina Prodanova, Kalin Tsekov, Miglen Evlogiev, and others
  3. 3. RESEARCH PROBLEM TheEconomy TheTraining System Skills Demand Skills Supply Information Coordination Relationships Match of skills to jobs
  4. 4. RESEARCH BACKGROUND • H1 2015 - OSUni research project initiated at the Faculty of Management within the Technical University of Sofia, resulting in scientific publications on the subject, published in Bulgaria, Latvia, and the Czech Republic. • H2 2015 - OSUni proof-of-concept phase initiated, along with corporate partners from Bulgarian industry and software development sectors, resulting in early versions of system's architecture and design. • H1 2016 - OSUni announced among top 10 social innovation ideas globally, in competition with 400 technology concepts and 130+ project proposals as part of the Living Progress Challenge of Hewlett Packard Enterprise. • H2 2016 - OSUni receives positive reviews and engages in expanding its partnership network under programs for support of young entrepreneurs, led by the Ministry of Economy and the Open Society Institute, as well as through the Sofia Business School. • H1 2017 - OSUni announced as 2017 "YouthSpeak'' forum winner in Latvia, based on a scaled-down prototype, resulting in a distributed learning program implementation project at a community center in Sao Paulo, Brazil. • H2 2017 - OSUni development work reaches important milestone, under the project leadership of IO.Era, software consultancy, specializing in blockchain-based applications, leading the way to an initial currency offering (ICO).
  5. 5. BLOCKCHAIN DEFINITION IT IS A SHARED DATABASE. THIS DATABASE IS CALLED A LEDGER. LIKE A BANK, THE LEDGERS KEEP TRACK OF CURRENCY. UNLIKE A CENTRALIZED BANK, EVERYONE HAS A COPY.
  6. 6. TYPES OF BLOCKCHAIN THERE ARE TWO TYPES BLOCKCHAIN: ● PUBLIC COMPLETELY OPEN, ANYONE CAN JOIN AND PARTICIPATE ● PRIVATE REQUIRES AN INVITATION, MUST BE VALIDATED BY NETWORK STARTER EXAMPLE: HYPERLEDGER FABRIC IS AN EXAMPLE OF A PERMISSIONED BLOCKCHAIN FRAMEWORK IMPLEMENTATION HOSTED BY THE LINUX FOUNDATION.
  7. 7.  FULL DECENTRALIZATION  EXTREME FAULT TOLERANCE  INDEPENDENT VERIFICATION THE INTERNET OF EVERYTHING NEEDS A LEDGER OF EVERYTHING BLOCKCHAIN ADVANTAGES
  8. 8. ETHEREUM DESIGN DESIGNED BY VITALIK BUTERIN VISION: TO CREATE A PLATFORM ALLOWING SMART CONTRACTS TO BE DEVELOPED INITIAL RELEASE: 30 JULY 2015 DESIGNED TO BE A SUCCESSOR OF BITCOIN BLOCKCHAIN.
  9. 9. www.os.university
  10. 10. blockchain.open.ac.uk
  11. 11. CALL TO ACTION Picture: Workshop on smart contracts, based on the principles of OSUni - open learning, direct interaction and sharing within a broader network. Conducted in Sofia Tech Park, October 2017
  12. 12. ADDITIONAL RESOURCES • OS.UNIVERSITY • Blockchain.open.ac.uk • Featured in leading media outlets: Bloomberg TV, Bulgaria On Air TV, Nova TV, Capital • Featured in international scientific conferences and journals: Riga Technical University, Brno University of Technology, Technical University - Sofia, New Bulgarian University – Sofia Business School, Sofia University • https://oeb-insights.com/10-ways-blockchain-could-be-used-in-education/ • https://edtechmagazine.com/higher/article/2017/09/experts-see-new-ways-track-learning- experiences-blockchain
  13. 13. blockchain.open.ac.uk

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