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BLCN532_Chapter_12.pdf

Professor Michael Solomon

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)