Searching for "blockchain"

Why Blockchain is Hard

Why Blockchain is Hard

Jimmy Song Bitcoin Educator, Developer and Entrepreneur/PGP Fingerprint: C1D7 97BE 7D10 5291 228C D70C

https://medium.com/@jimmysong/why-blockchain-is-hard-60416ea4c5c

What is a blockchain?

The main thing distinguishing a blockchain from a normal database is that there are specific rules about how to put data into the database. That is, it cannot conflict with some other data that’s already in the database (consistent), it’s append-only (immutable), and the data itself is locked to an owner (ownable), it’s replicable and available. Finally, everyone agrees on what the state of the things in the database are (canonical) without a central party (decentralized).

It is this last point that really is the holy grail of blockchain. Decentralization is very attractive because it implies there is no single point of failure.

The Cost of Blockchains

  • Development is stricter and slower
  • Incentive structures are difficult to design
  • Maintenance is very costly
  • Users are sovereign
  • All upgrades are voluntary
  • Scaling is really hard

Centralization is a lot easier

Like it or not, the word “blockchain” has taken on a life of its own. Very few people actually understand what it is, but want to appear hip so use these words as a way to sound more intelligent. Just like “cloud” means someone else’s computer and “AI” means a tweaked algorithm, “blockchain” in this context means a slow, expensive database.“blockchain” is really just a way to get rid of the heavy apparatus of government regulation. This is overselling what blockchain can do. Blockchain doesn’t magically take away human conflict.

So what is blockchain good for?

Most industries require new features or upgrades and the freedom to change and expand as necessary. Given that blockchains are hard to upgrade, hard to change and hard to scale, most industries don’t have much use for a blockchain. a lot of companies looking to use the blockchain are not really wanting a blockchain at all, but rather IT upgrades to their particular industry. This is all well and good, but using the word “blockchain” to get there is dishonest and overselling its capability.

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blockchain and refugees

blockchain for refugees

As Norwegian Refugee Council research found, 70 percent of Syrian refugees lack basic identification and documents showing ownership of property.

The global passport

Host nations certainly has a share in the damage, as they face problems concerning the accessibility of vital information about the newcomers — dealing with the undocumented refugee, the immigration service can’t gain the information about his/her health status, family ties or criminal record, or verify any other vital data that helps them make a decision. Needless to say, this may lead to the designation of refugee status being exploited by economic migrants, fugitives or even the war criminals that caused the mass displacement to begin with.

Another important issue is data security. Refugees’ personal identities are carefully re-established with the support of clever biometric systems set up by the U.N. Agency for Refugees (UNHCR). UNHCR registers millions of refugees and maintains those records in a database. But the evidence suggests that centralized systems like this could be prone to attacks. As a report on UNCHR’s site notes, Aadhaar — India’s massive biometric database and the largest national database of people in the world — has suffered serious breaches, and last year, allegations were made that access was for sale on the internet for as little as $8

Finland, a country with a population of 5.5 million, cannot boast huge numbers of refugees. For 2018, it set a quota of 750 people, mainly flying from Syria and the Democratic Republic of Congo. That’s way less than neighboring Sweden, which promised to take in 3,400. Nevertheless, the country sets a global example of the use of effective technology in immigration policy: It’s using blockchain to help the newcomers get on their feet faster.

The system, developed by the Helsinki-based startup MONI, maintains a full analogue of a bank account for every one of its participants.

Speaking at the World Economic Forum in Davos in January 2018, the billionaire investor and philanthropist George Soros revealed that his structures already use a blockchain in immigration policies

In 2017, Accenture and Microsoft Corp. teamed up to build a digital ID network using blockchain technology, as part of a U.N.-supported project to provide legal identification to 1.1 billion people worldwide with no official documents.

a Memorandum of Understanding (MOU) with blockchain platform IOTA to explore how the technology could increase efficiency.

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blockchain and information professions

Blockchain: Recommendations for the Information Profession

Monday, September 24, 2018 12:00 pm
Central Daylight Time (Chicago, GMT-05:00)

Blockchain technology is being discussed widely, but without clear directions for library applications. The Blockchain National Forum, funded by IMLS and held at San Jose State University’s iSchool in Summer 2018, brought together notable experts in the information professions, business, government, and urban planning to discuss the issues and develop recommendations on the future uses of blockchain technology within the information professions. In this free webinar, Drs. Sandy Hirsh and Sue Alman, co-PIs of the project, will present the recommendations made throughout the year in the Blockchain blog, Library 2.0 Conference, Blockchain Applied: Impact on the Information Profession, and the National Forum.

157 – 200 participants in the workshop

 

 

 

 

Basics: What is Blockchain Technology?

IMLS funded project goal
San Jose State U School of Information awarded this grant: https://ischoolblogs.sjsu.edu/blockchains

Blockchain: Apps and Ideas

http://www.youtube.com/c/Library20

now what is blockchain, and not how to implement, but only certain issues will be discussed.

Issues: legal, security and standards and Applications: academic, public and archives

BLockchain and the Law bt Primavera De Felippi and Aaron Wright : http://www.hup.harvard.edu/catalog.php?isbn=9780674976429

Privacy: https://www.investopedia.com/terms/g/general-data-protection-regulation-gdpr.asp

Is Blockchain (BC) content or provider?

Q/S TO ASK: WHAT KINDS OF DATA AND RECORDS MUST BE STORED AND PRESERVES exactly the way they were created (provenance records, transcripts). what kinds of info are at risk to be altered and compromised by changing circumstances (personally identifiable data)

Security issues: https://www.technologyreview.com/magazine/2018/05/

515 rule: BC can be hacked if attacked by a group of miners controlling more than 50% of the network

Standards Issues: BC systems- open ledger technology for managing metadata. baseline standards will impact future options. can BC make management of metadata worth. Is it worth, or more cautious.

Potential Use cases: archives and special collections where provenance and authenticity are essential for authoritative tracking. digital preservation to track distributed digital assets. BC-based currencies for international financial transactions (to avoid exchange rates ILL and publishing) . potential to improve ownership and first sale record management. credentialing: personal & academic documents (MIT already has transcripts and diplomas of students in BC – personal data management and credentialing electronically).

public libraries: house docs of temporarily displaced or immigrants. but power usage and storage usage became problems.

Victoria Lemieux

a city south of Denver CO is build right now, and will be build on these principles.

benefits for recordkeeping: LOCKSS (lot of copies keeps stuff safe) – Stanford U; chain of custody (SAA Glossary); Trust and Immutability (BC) vs confidentiality and performance (dbase)

Libarians role: need to understand BC (how does it work and what can it do for us; provide BC education for users; use BC in various applications

recommendations from National Forum:

ASIS&T presentation in Vancouver, Nov. 2018; MOOC on BLockchain Basics; Libary Futures Series, BOok3 Alman & Hirsh

https://www.forbes.com/sites/tomvanderark/2018/08/20/26-ways-blockchain-will-transform-ok-may-improve-education/#3b2e442d4ac9

from Miriam Childs to All Participants:
Blockchain is suing Blockchain: https://nulltx.com/blockchain-is-suing-blockchain-things-are-getting-messy-in-crypto-world/

from Lilia Samusenko to All Participants:
Sounds like blockchain also can support the Library-Of-Things initiatives. What do you think?

 

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Walmart blockchain

Walmart’s Latest Blockchain Patent Lets Robots Conduct Deliveries Across Supply Chain

Helen Partz SEP 01, 2018

https://cointelegraph.com/news/walmarts-latest-blockchain-patent-lets-robots-conduct-deliveries-across-supply-chain

U.S. retail giant Walmart has applied to the U.S. Patent & Trademark Office (USPTO) to patent a blockchain system for deliveries, according to an official patent document released August 30.

Walmart has applied for a number of blockchain-related patents in the U.S. in the past year. According to Investopedia, blockchain technology enhancement is mainly being used by the retailed in order to “help Walmart keep pace with its rivals,” such as Amazon.

Recently, Walmart applied for a patent on systems and methods for managing smart appliances via blockchain. The tech would allow users to customize levels of access and control for appliances such as portable computing devices.

In mid-July, the retail giant patented the technology for a blockchain-powered delivery management system that can keep delivered items safe until their purchasers are able to sign for and collect them.

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starter platform for blockchain developers

IBM has been focused on bringing the blockchain to enterprises for years. Earlier this year, the company announced IBM Blockchain Starter Services, Blockchain Acceleration Services and Blockchain Innovation Services.
According to the company, the Blockchain Platform was initially built for institutions working collectively towards mission-critical business goals
Other features include: access to IBM Blockchain Platform Enterprise Plan capabilities, code samples available on GitHub, and Hyperledger Composer open-source technology.

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Blockchain Platforms 2018

A Comprehensive List of Best Blockchain Platforms To Watch Out in 2018

https://medium.com/@anubhav.2709/a-comprehensive-list-of-best-blockchain-platforms-to-watch-out-in-2018-a4a14ee0c166

http://blockchain.oodles.io/blogs/best-blockchain-platforms-2018/

A Comprehensive List of Best Blockchain Platforms To Watch Out in 2018 from TechNewsToday

Best Blockchain Platforms 2018

1. Ethereum

Founded in 2014 by Vitalik Buterin, Gavin Wood, and Jeffery Wilcke, Ethereum is one of the fastest growing blockchain technology-based platforms and a cryptocurrency like bitcoin.

 

2. Ripple

Ripple was developed in 2012. Currently, the cryptocurrency that represents Ripple blockchain, XRP, is one the high performing cryptocurrencies in the crypto world.

3. Hyperledger

Based on the blockchain technology, Hyperledger offers distributed ledger frameworks to a variety of industry leaders in the fields of banking, finance, Internet of Things, supply chains, manufacturing, and technology.

 

4. IBM Bluemix Blockchain:

Developed using the base of Hyperledger, IBM Bluemix offers transparency in transactions and security in information for enterprises. At present, IBM Bluemix runs on the IBM cloud.

 

5. Multichain

Multichain is one of the best Blockchain platforms that enables the creation and execution of private blockchains. This multi-asset exchange is becoming popular for solving real problems in finance, infrastructure, and e-commerce.

 

6. Openchain: 

Developed by Coinprism, Open-chain is a Blockchain infrastructure that’s used for the perseverance and management of digital assets.  Open-chain is an enterprise-ready platform for digital assets. Its approach is different than the standard Bitcoin approach to implementing Blockchain.

Conclusion: 

With the above-mentioned blockchain platforms, you can get unprecedented services for the security of digital transactions and assets. The blockchain technology provides independent and secure work structure and is a reliable solution that can be utilized to streamline an organization’s processes and transfer of assets without getting into any extensive documentation or periodical controls.

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hi ed leaders and blockchain

3 steps higher ed leaders should take before investing in blockchain

Aug. 9, 2018
  • Blockchain will have the biggest value in higher education in areas where trust is essential to the value chain in institutional operations, such as evaluation of student transcripts, processing of applications and maintenance of articulation agreements, said Oral Roberts University CIO Michael Mathews, at The Blockchain in Education Conference hosted by the institution in May, reports Campus Technology.
  • From an infrastructure standpoint, Mathews said institutions have to establish a secure digital identity by investing in software that allows the credential recipient and granter to have a seamless and trusted connection, allowing for students to have a diploma that is stored safely within their digital wallet. This could mean working with a third-party application developer or developing the capability in-house.
  • But before fully investing in blockchain, higher education leaders must take these steps, said Mathews:
    • Spend a significant amount of time researching how the technology is impacting the industry and educate staff about it;
    • test the technology to see if it follows validation and security procedures; and
    • collaborate with other institutions to share best tips and practices.

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blockchain and higher ed

Blockchain in brief: Six ways it can transform higher education

by Danielle Yardy

https://www.eab.com/blogs/it-forum-perspectives/2018/01/blockchain-higher-education-uses

1. Using a blockchain for automatic recognition and transfer of credits

The decline in first-time, first-year student enrollments is having a real financial impact on a number of institutions across the United States and focusing on transfer students (a pool of prospects twice as large) has become an important strategy for many. But credit articulation presents a real challenge for institutions bringing in students from community colleges. While setting standardized articulation requirements across the nation presents a high hurdle, blockchain-supported initiatives may hold great promise for university and city education systems looking to streamline educational mobility in their communities.

2. Blockchains for tracking intellectual property and rewarding use and re-use of that property

If researchers were able to publish openly and accurately assess the use of their resources, the access-prohibitive costs of academic book and journal publications could be circumvented, whether for research- or teaching-oriented outputs. Accurately tracking the sharing of knowledge without restrictions has transformative potential for open-education models.

3. Using verified sovereign identities for student identification within educational organizations

The data footprint of higher education institutions is enormous. With FERPA regulations as well as local and international requirements for the storage and distribution of Personally Identifiable Information (PII), maintaining this data in various institutional silos magnifies the risk associated with a data breach. Using sovereign identities to limit the proliferation of personal data promotes better data hygiene and data lifecycle management and could realize significant efficiency gains at the institutional level.

Best practices to become data-driven 

4. Using a blockchain as a lifelong learning passport

Educational institutions and private businesses partner with online course delivery giants to extend the reach of their educational services and priorities. Traditional educational routes are increasingly less normal and in this expanding world of providers, the need for verifiable credentials from a number of sources is growing. Producing a form of digitally “verifiable CVs” would limit credential fraud, and significantly reduce organizational workload in credential verification.

5. Using blockchains to permanently secure certificates

The open source solution Blockcerts already enables signed certificates to be posted to a blockchain and supports the verification of those certificates by third parties.

When an institution issues official transcripts, obtaining copies can be expensive and burdensome for graduates. But student-owned digital transcripts put the power of secure verification in the hands of learners, eliminating the need for lengthy and costly transcripts to further their professional or educational pursuits. An early mover, Central New Mexico Community College, debuted digital diplomas on the blockchain in December of 2017.

6. Using blockchains to verify multi-step accreditation

As different accreditors recognize different forms of credentials and a growing diversity of educational providers issue credentials, checking the ‘pedigree’ of a qualification can be laborious. Turning a certification verification process from a multi-stage research effort into a single-click process will automate many thousands of labor hours for organizations and institutions

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blockchain fixes

187 Things the Blockchain Is Supposed to Fix

Erin Griffith 

https://www-wired-com.cdn.ampproject.org/c/s/www.wired.com/story/187-things-the-blockchain-is-supposed-to-fix/amp
 
Blockchains, which use advanced cryptography to store information across networks of computers, could eliminate the need for trusted third parties, like banks, in transactions, legal agreements, and other contracts. The most ardent blockchain-heads believe it has the power to reshape the global financial system, and possibly even the internet as we know it.
 
Now, as the technology expands from a fringe hacker toy to legitimate business applications, opportunists have flooded the field. Some of the seekers are mercenaries pitching shady or fraudulent tokens, others are businesses looking to cash in on a hot trend, and still others are true believers in the revolutionary and disruptive powers of distributed networks.
 
Mentions of blockchains and digital currencies on corporate earnings calls doubled in 2017 over the year prior, according to Fortune. Last week at Consensus, the country’s largest blockchain conference, 100 sponsors, including top corporate consulting firms and law firms, hawked their wares.
 
Here is a noncomprehensive list of the ways blockchain promoters say they will change the world. They run the spectrum from industry-specific (a blockchain project designed to increase blockchain adoption) to global ambitions (fixing the global supply chain’s apparent $9 trillion cash flow issue).
 

Things Blockchain Technology Will Fix

  • Bots with nefarious intent
  • Skynet
  • People not taking their medicine
  • Device storage that could be used for bitcoin mining
  • Insurance bureaucracy
  • Electronic health record accessibility
  • Health record storage security
  • Health record portability
  • Marine insurance risk
  • Cancer
  • Earning money on personal data
  • Pensions
  • The burden of car ownership
  • Inability to buy anything with cryptocurrency
  • Better marketplaces for nautical shipping services
  • Better ways to advertise to your friends
  • Better ways to trade forex with your friends
  • Ownership shares in ancient sunken treasures
  • Poverty
  • Complying with Know Your Customer laws
  • Complying with Anti-Money-Laundering laws
  • Complying with securities laws in token sales
  • Censorship
  • A use for QR codes
  • Rewards for buying alcohol by subscription
  • Tracing water supplies
  • Dearth of emergency responders
  • High cost of medical information
  • Improved digital identity authentication
  • Managing real estate workflow
  • International real estate purchases
  • Physical branches for crypto banking
  • Physical branches for crypto exchanges
  • Private equity
  • Venture capital
  • AIDS, also online sales of classic Japanese domestic cars
  • Efficiency and transparency at nonprofits
  • Incorporating local preferences in decentralized banking options
  • Boosting sales for local businesses
  • A digital-only investment bank
  • Containers to transport sensitive pharmaceuticals and food
  • Protecting consumer information on mobile
  • Helping mobile phone users monetize their data
  • Not enough interconnection in the world
  • Complexity and risk in the crypto market
  • Expensive AI research
  • Counterfeit goods
  • Connecting “innovation players” and “knowledge holders”
  • Movie industry’s slow and opaque accounting practices
  • Global supply chain’s $9 trillion cash flow issue
  • Trust in the global supply chain
  • Economic crisis
  • Cash flow problems at small and medium-sized businesses
  • Improving the use of data in the transportation and logistics industries
  • Poverty among African farmers
  • Transparency in the food supply chain
  • Ad fraud
  • Fake news
  • False news
  • Settling payments faster
  • Speeding transactions
  • The unbanked
  • The underbanked
  • The bidding process in art and collectibles markets
  • Assessing the value of collectibles
  • Diamond industry’s high banking and forex fees
  • The illicit diamond trade
  • Availability of digital games
  • Currency for eSports
  • Currency for eSports betting
  • Currency for sports betting
  • Storing scholarly articles
  • Health insurance providers billing processes
  • Currency for healthcare providers
  • Shortage of workers with advanced tech skills
  • Lack of diversity in tech
  • Elder care
  • Rights management for photographers
  • Content rights management
  • Simplifying the logo copyrighting process
  • Ticketing industry’s “prevalent issues”
  • Crowdsourcing for legal dispute resolution
  • Securing financial contracts
  • Paper
  • Automation
  • Control of personal data
  • Control of personal credit data
  • No way to spend crypto
  • Advertising for extended reality environments
  • Human suffering
  • Security for luxury watches
  • Authenticity in cannabis sales
  • Crypto rewards for cannabis-focused social media site
  • Crypto payments for rating cryptoassets
  • Crypto payments for taking surveys, watching videos and clicking links
  • Crypto rewards for video game skills
  • Crypto rewards for time spent playing video games
  • Buying, selling and trading your social media friends
  • Crypto rewards for social media sharing
  • Free mobile data for watching ads
  • Crypto rewards for watching entertainment content
  • Gold-backed cryptocurrency
  • Crypto-backed gold
  • Metals-backed cryptocurrency
  • Precious metals-based cryptocurrency
  • “Tokenizing” real world items
  • Nashville apartment buildings
  • Monaco real estate
  • Financial infrastructure for trading within video games
  • Checking ID for purchases like alcohol
  • “Uber for alcohol” on blockchain
  • Inefficiencies in cargo delivery
  • Branded tokens for merchants to reward customers
  • Fraud and corruption among non-profits
  • Better transparency at non-profits
  • Better transparency around impact investing
  • Bitcoin mining uses too much energy
  • Home appliances mining for bitcoin while not in use
  • Bitcoin mining using hydropower
  • Large corporations’ carbon footprints
  • “Decarbonizing” electricity grids
  • Climate change
  • Trust in governments
  • Trust in corporations
  • Trust in social networks
  • Trust in media
  • Universal billing system for travel industry
  • Decentralized Uber and Lyft
  • Online gambling not fair
  • Online gambling sites take commission
  • Helping retailers hurt by Amazon
  • Online retail fraud
  • Paying for things with your face
  • Streamlining interactions among shoppers, retailers and brands
  • Linking content across computers, tablets and phones
  • Ranking apps by their value
  • Aligning creativity and recognition for content creators
  • Improving payments for artists on Spotify and Pandora
  • Online piracy
  • Improving the technology of the Russian gas industry
  • A blockchain equivalent of Amazon, Groupon and Craigslist
  • Too many non-value-added costs
  • Unregulated prison economies
  • Standardizing the value of advertisements
  • Advertising not transparent enough
  • Old real estate practices
  • Free public information from silos
  • Speeding the rendering of animated movies
  • Selling items for crypto instead of regular money
  • Borders
  • Man-in-the-middle hacks
  • Security sacrifices that come with innovation
  • Scams, fraud and counterfeits
  • Tools to build decentralized apps
  • Blockchain infrastructure
  • Removing barriers separating blockchains
  • Safety in buying and selling blockchain tokens
  • Improving privacy in online file storage
  • ICO projects could benefit from the “wisdom of the crowd”
  • Improving privacy of blockchain
  • Decentralized database for decentralized technologies
  • Improving trust and confidence in blockchain system
  • More cohesive user experiences across blockchain and the cloud
  • Democratizing gold trading
  • Giving investors more control of their assets
  • Simplifying the cryptocurrency transaction process
  • Trading indexes as tokens
  • Improving crypto safekeeping solutions
  • Simplifying ICO investment, trading and cryptocurrency
  • Improving institutional-grade crypto asset management
  • “Painstakingly slow” manual crypto wallet process
  • More open global markets
  • Easier way to invest in real estate
  • Easier way to invest in Swiss real estate
  • Easier way to combine smart contracts with crowdfunded home loans
  • Easier way to borrow against crypto holdings
  • Faster porn industry payment options
  • Lower porn industry payment fees
  • Identifying and verifying users in online dating
  • Improving traditional banking services for crypto world
  • Cryptocurrency based on Game Theory, IBM’s Watson, and other theories
  • Better social network + blockchain + AI + human touch
  • Improving content streaming on the blockchain
  • Supply chain transparency
  • Increasing public sector trust of cryptocurrencies
  • Education around blockchain technology
  • Blockchain not mainstream enough
 
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blockchain and education

Blockchain Explained: A Microlearning Event
A 30-minute event, Wednesday, June 6, 2018, 12:00pm Eastern/11:00am Central/10:00am Mountain/9:00am Pacific

https://www.alastore.ala.org/content/blockchain-explained-microlearning-event

If you’ve followed the news over the past few months, you’ve probably heard about blockchain. For a lot of people, it’s a difficult concept to grasp—an abstract technological concept that’s relevance is in its applications. In this new event, library technology expert Jason Griffey provides you with a thorough and clear explanation of what blockchain is, how it works, and why it’s important for libraries. In half an hour, Griffey explains what you need to know—quick, easy, and right to the point. If you don’t understand blockchain now, join us for this microlearning event, and in just 30 minutes, you will better grasp blockchain and why it’s relevant to libraries.

WANT TO SAVE YOUESELF $20? CONTACT US:
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