The Blockchain and Cryptoeconomy Current Status and What Should We Do Moving Forward

Transcription

1 The Blockchain and Cryptoeconomy Current Status and What Should We Do Moving Forward PD Dr. Sönke Bartling Founder Blockchain For Science, Associated research Humboldt Institute for Internet and Society

2 First: What is Blockchain? Some viewpoints & thoughts.

3 A chain of blocks... Compare: Internet

4 A chain of blocks... A new way to organize online services Distributed Decentralized Immutable (append only) Transparent / provable

5 WHAT IS BLOCKCHAIN? A socio-techno-economic-legalo-cultural (r)evolution A fascination in the triangle of game theory, strong cryptography, tech and money A

6 WHAT IS BLOCKCHAIN? A new way to look at user identity/ autonomy Web 2.0 Blockchain

7 WHAT IS BLOCKCHAIN? A new way to look at computer security ITsecurity today Firewall Database Ports Service Info Content Buisiness logic VPN Evil outside world Another island BLOCKCHAIN

8 WHAT IS BLOCKCHAIN? A new way to look at computer security ITsecurity in today Blockchainworld Firewall IPFS Database Blockchain Ports Service Info Content IPDB Smart Buisiness contracts logic Another island VPN Content Wallets Evil outside world BLOCKCHAIN BLOCKCHAIN

9 WHAT IS BLOCKCHAIN? A detachment of control over hardware from control over content Today Blockchained

10 WHAT IS BLOCKCHAIN? Unnecessary

11 Let s have a 3 rd PARTY! First international conference on Blockchain for Science and Knowledge creation 5 th 6 th of November, Berlin

12 WHAT IS BLOCKCHAIN? Unnecessary #2

13 WHAT IS BLOCKCHAIN? We should think about including novel P2P technologies, like DAT? IPFS? Novel data processing concepts based on cryptography Trusted hardware concepts? Decentralized data market

14 TALK DECENTRALIZATION? Not really technical decentralization Lack of an intransparent central point of failure Independency of service provider and control over the service Lack of artificially constraining business models Openness Power

15 WHAT IS BLOCKCHAIN? A new economy

16 CRYPTOECONOMY BC creats bullet proof variables=tokens=coins=... with provable behavior (max. amount, smart contracts,...) at near zero costs without a traditional trusted third party (paper contract, lawyer, notary, banks, stock exchanges...)

17 CRYPTOECONOMY BC creats bullet proof variables=tokens=coins=... with provable behavior (max. amount, smart contracts,...) at near zero costs without a traditional trusted third party (paper contract, lawyer, notary, banks, stock exchanges...)

18 TOKENEVOLUTION Protocol level tokens (Bitcoin )... Completely independent token... Security token, utility token future: more legal structures.

19 BITCOIN

20 Tokenevolution Protocol level tokens... Completely independent token... Security token, utility token future: more legal structures. But: Will there be really novel value propositions?

21 CRYPTOECONOMY A more onboarding, open economy? No more a few become really rich? Integrating economy that really supports cooperation?

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23 Second: What is Blockchain in Science?

24 Science structure today? Legacy structures Centrality (data repositories, service providers) Unlimited media breaches Walled gardens/silos around business models Admin efforts, artificial competions (grants ) Lots of overhead Only parts of the research process open Control in hands of obscuring third parties

25 We are doing science! science! Grown cultures Science culture deeply intervened with society and individual s lifes Science is important & fun We want to build something great and and not not just just destroy stuff! destroy stuff! BLOCKCHAIN for Science

26 Our enemy US AND OUR SCIENCE CULTURE #COMPL EX

27 What is different? Open Science Science 2.0 Open Access This time science funding is affected!

28 RESEARCH CIRCLE

29 ACQUISITION Research data in Blockchain database Time stamped Immutable Blockchain / Real-world interface problem

30 BLOCKCHAINIFIED SCIENCE

31 TRUSTED HARDWARE

32 PROCESSING Processing through smart contracts Unchangeable Provable processing trail

33 ANALYSIS Smart evidence

34 NEW SUBJECT PRIVACY

35 RESEARCH DATA STORAGE Decentralized cloud 100% cryptography Storage forever?

36 BLOCKCHAIN SECURED DATA STORAGE

37 PUBLICATION Dynamic publications Micro contributions Standard peer-review on the blockchain Incentivation for peer-review

38 SCIENCE FUNDING Decentralized research marketplaces

39 FUNDING first ICO in Science!

40 FUNDING Create token for an idea Continuous coin offerings Grow with the project, share with your peers Todays Crowdfunding <=> Tokens can be sold The project should be blockchain open Value proposition? Patent application?

41 Youth of ideas today... Sharing with peers Publication Patent application Commercializati on/ Grants

42 Youth of ideas blockchain world... Sharing with peers Publication Patent application Commercializati on/ Grants

43 SCIENCE FUNDING Expertise systems Reputation systems Value flow #COMPL EX

44 OPEN SCIENCE ECOSYSTEM Expertise systems Reputation systems Value flow #COMPL EX

45 PAIN POINTS

46 PAIN POINTS Identity Soverin ID ORCID? Can ORCID withstand economic pressure? Traditional trusted third parties? Social network for scientists?

47 PAIN POINTS Technical setup? We have trusted third parties No mining necessary We already have the best mining BFS: Bitcoin Combine different blockchains Ongoing development How much technical decentralization does science really need?

48 BUT: Brewer triangle / CAP - THEOREM Consistency Availability Decentralization

49 BUT: Brewer triangle / CAP - THEOREM Consistency Availability Decentralization

50 BUT: Brewer triangle / CAP - THEOREM Consistency Availability Decentralization

51 Supernodes Something at stake

52 Trusted channels e.g. through smart contracts that put something at stake, Negotiated, e.g. Ripples State channels Availability limited through how much they trust

53 PAIN POINTS Technical setup Combine many setups Centralized, non blockchain services will coexist, for worthless /minor transactions Legal issues Permissioned BC does not mean

54 PAIN POINTS System gamers Trust in reserch results??? UI challenges Governance Communication, wording,

55 IMPLEMENTATION

56 And all the rest.. Collectively address the real issue of control and governance of public

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58 And all the rest.. Collectively address the real issue of control and governance of public

59

60 Let s unslice the pie!

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62 List of Blockchain for Science projects First international conference on Blockchain for Science and Knowledge creation 5 th 6 th of November, Berlin Open Science Ecosystem Telegram

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64 Ideas? Ideas Concepts Observations New sparks New interpretations Serendipities...