Research and Business Opportunities in Distributed Ledger and Blockchain Technology
Thursday, September 20, 2018 — 2:00PM - 3:30PM
Traditional mechanisms for executing and recording transactions (electronic or otherwise) are being disrupted by distributed ledger technology, most notably blockchains. Institutions involved with activities such as financial services, supply chain management, and healthcare are all grappling with how to capitalize on a distributed transactional framework that synchronizes up-to-date information through consensus. Potential opportunities of distributed ledger technology include improving security and resilience in transactional processes, improving smart contract and auditing mechanisms, and empowering service end-users to enforce trust without resources and/or censorship of central authorities. Perhaps the most popular application of distributed ledger technology today is cryptocurrency such as Bitcoin.
The relative nascency of distributed ledger technology presents an excellent opportunity to investigate challenges in maturing the technology. This panel discussion will address the following challenges, hopefully encouraging new research and business development.
How do we redefine and support governance in distributed ledger technology?
What are security implications and areas for future development regarding blockchain, especially dealing with data privacy, and who’s to blame when privacy is compromised?
What new security controls and encryption schemes are required?
What computational power and energy usage are required to manage distributed ledger technology applications, and what advances are being made?
challenges are involved in setting standards for distributed ledger technology, what industries stand to gain the most, and what stakeholders are needed, especially to enable interoperability between DLT/blockchains?