SlideShare a Scribd company logo
Toward a
Post-Modern
Blockchain
Future
Casey Kuhlman
CEO, Eris Industries
@compleatang
@eris_ltd
What is a Blockchain?
A Blockchain = A Network of Blockchain Clients
Blockchains (Both Public and Permissioned)
Characteristics
●
History Rules – Let's agree on what the worldstate of data is and was.
●
Signature Authority Rules – Let's agree on our ability to write to the data set.
●
Network Rules – Let's agree how to talk to each other.
Benefits
●
Incredible Verifibility
●
Systemic Resiliency
Challenges
●
Privacy
●
Slow
Public Blockchains
Characteristics
●
Economic Solution for Consensus
●
Fully Immutable History
Benefits
●
Censorship Resistence
●
Data Permanence
Challenges
●
Expensive
●
Can It Do What A Developer Needs It To Do?
Public Blockchains
Public blockchains come in two flavo(u)rs:
Transaction-optimized
●
Give developers: verifiable title transfer
●
Examples: BTC, SkuChain, most of the “coins”
Logic-optimized
●
Give developers: verifiable process+title transfer
●
Examples: ETH
Permissioned Blockchains
Characteristics
●
Semi-Immutable History
●
Capabilities Based Permissioning
Benefits
●
Fully Verifiable Business Processes
●
Stakeholder Coordination History
Challenges
●
Slower than existing data solutions
●
Do not purport to change existing political power dynamics
Permissioned Blockchains
Permissioned blockchains come in two flavo(u)rs:
Transaction-optimized
●
Give developers: verifiable title transfer
●
Examples: MultiChain
Logic-optimized
●
Give developers: verifiable logic+title transfer
●
Examples: Tendermint
Same DNA, Different Environment
with eris...
Private & Confidential
Blockchains give
us verifiable DATA
Smart Contracts give
us verifiable LOGIC
Smart Contracts
Characteristics
●
Scripts Saved in a Blockchain
●
Almost every Blockchain is capable
●
Capabilities vary
Benefits
●
Verifiable, Distributed Process Assurance
●
Multi-Stakeholder By Design
Challenges
●
Reactive
●
“Reach” limited to the blockchain they live on
What is Being Done With Smart Contracts?
Industrial Applications
●
Finance
– Bond origination
– Trade finance
●
Insurance
– Real-time policy coverage
– Self-organizing mutuals
●
Construction & Health Care
– Supply chain tracking
– Automated job tracking &
payments
Governance Applications
●
Poverty reduction
– Grant management
– Administration of public benefits
dispensation
●
Public goods
– Drone airspace auctioning
– Mesh network connectivity
●
Open Data
– Publications Transparency
– Budget transparency
New applications
●
Distributed process
– Information Age Guilds
– P2P on-demand platforms
●
Process assurance
– Community based lending
mechanisms
– Education certification schemes
●
Sophisticated Sig Rules
– Distributed employment
– Distributed content
eris
The Blockchain Application Platform
Blockchain Application Design
The eris Platform
●
Drastically reduces complexity of operating and developing
blockchain-backed applications
●
Blockchain agnostic – developer chooses the appropriate
blockchain(s) for their application
●
Embraces a harmony between the distributed computing camps (P2P
tech and cloud tech) by bridging the two
●
Smart contract focused
● Distributed infrastructure optimized (cloud-ready)
●
Details as to the platform available here
https://erisindustries.com

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Towards a Post-Modern Hash Chain Future

  • 1. Toward a Post-Modern Blockchain Future Casey Kuhlman CEO, Eris Industries @compleatang @eris_ltd
  • 2. What is a Blockchain?
  • 3. A Blockchain = A Network of Blockchain Clients
  • 4. Blockchains (Both Public and Permissioned) Characteristics ● History Rules – Let's agree on what the worldstate of data is and was. ● Signature Authority Rules – Let's agree on our ability to write to the data set. ● Network Rules – Let's agree how to talk to each other. Benefits ● Incredible Verifibility ● Systemic Resiliency Challenges ● Privacy ● Slow
  • 5. Public Blockchains Characteristics ● Economic Solution for Consensus ● Fully Immutable History Benefits ● Censorship Resistence ● Data Permanence Challenges ● Expensive ● Can It Do What A Developer Needs It To Do?
  • 6. Public Blockchains Public blockchains come in two flavo(u)rs: Transaction-optimized ● Give developers: verifiable title transfer ● Examples: BTC, SkuChain, most of the “coins” Logic-optimized ● Give developers: verifiable process+title transfer ● Examples: ETH
  • 7. Permissioned Blockchains Characteristics ● Semi-Immutable History ● Capabilities Based Permissioning Benefits ● Fully Verifiable Business Processes ● Stakeholder Coordination History Challenges ● Slower than existing data solutions ● Do not purport to change existing political power dynamics
  • 8. Permissioned Blockchains Permissioned blockchains come in two flavo(u)rs: Transaction-optimized ● Give developers: verifiable title transfer ● Examples: MultiChain Logic-optimized ● Give developers: verifiable logic+title transfer ● Examples: Tendermint
  • 9. Same DNA, Different Environment
  • 11. Private & Confidential Blockchains give us verifiable DATA Smart Contracts give us verifiable LOGIC
  • 12. Smart Contracts Characteristics ● Scripts Saved in a Blockchain ● Almost every Blockchain is capable ● Capabilities vary Benefits ● Verifiable, Distributed Process Assurance ● Multi-Stakeholder By Design Challenges ● Reactive ● “Reach” limited to the blockchain they live on
  • 13. What is Being Done With Smart Contracts? Industrial Applications ● Finance – Bond origination – Trade finance ● Insurance – Real-time policy coverage – Self-organizing mutuals ● Construction & Health Care – Supply chain tracking – Automated job tracking & payments Governance Applications ● Poverty reduction – Grant management – Administration of public benefits dispensation ● Public goods – Drone airspace auctioning – Mesh network connectivity ● Open Data – Publications Transparency – Budget transparency New applications ● Distributed process – Information Age Guilds – P2P on-demand platforms ● Process assurance – Community based lending mechanisms – Education certification schemes ● Sophisticated Sig Rules – Distributed employment – Distributed content
  • 16. The eris Platform ● Drastically reduces complexity of operating and developing blockchain-backed applications ● Blockchain agnostic – developer chooses the appropriate blockchain(s) for their application ● Embraces a harmony between the distributed computing camps (P2P tech and cloud tech) by bridging the two ● Smart contract focused ● Distributed infrastructure optimized (cloud-ready) ● Details as to the platform available here