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Debate - Blockchain vs. DLT Julio 2019
Presentación Jesús Pérez
CTO Alastria y Co-Convenor del Technical Working Group del EBSI (European Blockchain
Services Infrastructure). Previamente líder de la práctica de Blockchain e Industria 4.0
en el Banco Santander.
The future is Cyber-Physical
Suppliers
Factory
Retailer
Final
product
Customer
Social network
dataExtended Manufacturing Process
Product
usage
Platform
Material flow
Logistics Logistics
Decentralized ecosystem digitization
“Digital Twins”
● Beyond data sharing
● Secure Delivery vs. Payment
● Avoiding central entities
● P2P among companies
● Avoid power imbalances in the
ecosystem
Digitizing the European Union Economy
500M citizens
27M businesses
(21M SMEs)
5
We need a Public-Permissioned blockchain
● More decentralized and more inclusive
● Better performance and scalability
● Better consumer protection
● Better compliance to regulation
● Infrastructure which behaves like infrastructure
● Proper Governance Model
Governance as a Common-Pool Resource
Nobel Prize in Economics
2009
Principles
1 User and Resource boundaries
2 Congruence between rules and local conditions
3 Collective-choice arrangements
4 Monitoring users and resource usage
5 Graduated sanctions
6 Conflict-resolution mechanisms
7 Recognition from external authorities
8 Nested for complex models
European Blockchain Services Infrastructure
Use cases
eSSIF (Self-Sovereign Identity)
PBFT-based
consensus
Governments &
Public admins.
Private businesses
Civil organizations
Unstoppable and uncensorable by any single government or any other entity.
Probability of collusion much less than in Bitcoin or Ethereum.
Taxonomy of blockchain systems
Private
consortiums
Transact among
anonymous parties
without a central entity
Public
anonymous
Different problems => Different solutions
Public
permissioned
Transact among
weakly known parties
without a central entity
Transact among very well
known parties without a
central entity
Requires
interoperable identities and
an efficient
legal system
Typically in a
regulated
and controlled
environment
No recourse to legal
system
10
Need of digital currency native to the Blockchain
• Native to the Blockchain: digital, programmable and
moving “at the speed of Blockchain”
• Price stability, so it can be used as an efficient Medium
of Exchange
• Price transparency: less currencies better than more
• Universally accepted and highly liquid, especially with
regards to fiat currency
• Consumer protection: maintain or enhance current
consumer protection system
• Legally compatible

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Presentación debate Blockchain vs DLT Jesús Ruíz

  • 1. Debate - Blockchain vs. DLT Julio 2019 Presentación Jesús Pérez CTO Alastria y Co-Convenor del Technical Working Group del EBSI (European Blockchain Services Infrastructure). Previamente líder de la práctica de Blockchain e Industria 4.0 en el Banco Santander.
  • 2. The future is Cyber-Physical
  • 3. Suppliers Factory Retailer Final product Customer Social network dataExtended Manufacturing Process Product usage Platform Material flow Logistics Logistics Decentralized ecosystem digitization “Digital Twins” ● Beyond data sharing ● Secure Delivery vs. Payment ● Avoiding central entities ● P2P among companies ● Avoid power imbalances in the ecosystem
  • 4. Digitizing the European Union Economy 500M citizens 27M businesses (21M SMEs)
  • 5. 5 We need a Public-Permissioned blockchain ● More decentralized and more inclusive ● Better performance and scalability ● Better consumer protection ● Better compliance to regulation ● Infrastructure which behaves like infrastructure ● Proper Governance Model
  • 6. Governance as a Common-Pool Resource Nobel Prize in Economics 2009 Principles 1 User and Resource boundaries 2 Congruence between rules and local conditions 3 Collective-choice arrangements 4 Monitoring users and resource usage 5 Graduated sanctions 6 Conflict-resolution mechanisms 7 Recognition from external authorities 8 Nested for complex models
  • 7. European Blockchain Services Infrastructure Use cases eSSIF (Self-Sovereign Identity) PBFT-based consensus Governments & Public admins. Private businesses Civil organizations Unstoppable and uncensorable by any single government or any other entity. Probability of collusion much less than in Bitcoin or Ethereum.
  • 9. Private consortiums Transact among anonymous parties without a central entity Public anonymous Different problems => Different solutions Public permissioned Transact among weakly known parties without a central entity Transact among very well known parties without a central entity Requires interoperable identities and an efficient legal system Typically in a regulated and controlled environment No recourse to legal system
  • 10. 10 Need of digital currency native to the Blockchain • Native to the Blockchain: digital, programmable and moving “at the speed of Blockchain” • Price stability, so it can be used as an efficient Medium of Exchange • Price transparency: less currencies better than more • Universally accepted and highly liquid, especially with regards to fiat currency • Consumer protection: maintain or enhance current consumer protection system • Legally compatible