Welcome!

Related Topics: FinTech Journal, Java IoT, Linux Containers, Wearables, @CloudExpo, @BigDataExpo, @ThingsExpo

FinTech Journal: Blog Feed Post

Identity of #Blockchain | @CloudExpo #BigData #IoT #DigitalTransformation

Keystone foundation for digital democracy and society

Blockchain Identity - Keystone Foundation for Digital Democracy and Society
By Neil McEvoy

As good Venn diagrams always show it's the intersection areas that offer the sweet spot for trends and markets, and an especially potent one is the intersection of Cloud computing, with the blockchain and also digital identity, particularly when considered within contexts such as Digital Democracy.

Given the diversity of each field alone there are multiple perspectives to this, more the start of a conversation rather than a definitive design.

Identity and the Blockchain Cloud
For example Blockstack offers this proposed definition of Blockchain Identity:

A blockchain identity (or blockchain ID) is a generic term used to refer to any identity on the blockchain. Users can have one blockchain identity or many and can register them just like one would register domain names or accounts on Facebook or Twitter.

Leveraging the blockchain for identifier functions is a very powerful dynamic, and is already being pioneered by ventures like Shocard.

Given the current Internet identity system, DNS, has been in use since the 1980's, these focus areas are smart and offer considerable benefits for all users.

For example Namecoin describes the modernizing role the blockchain could play, even accelerating performance as well as offering heightened levels of security.

BraveNewCoin writes about the ‘Blockchain Cloud‘, exploring further integration between the blockchain and the computing infrastructure of the Internet.

Blockchain Democracy
Another benefit Namecoin highlight starts to reveal the potential for the context of Digital Democracy:

Censorship-Resistance

With standard DNS, the digital phonebook can falsely claim "there's no website here"; this is what SOPA would have mandated in the U.S. Dot-Bit cannot easily be censored, for the same reasons that no one can easily prevent you from spending bitcoins.

In a previous blog I suggested Scotland should follow the lead of E-Estonia and implement ‘i-Voting' for their upcoming Independence referendum, so it's also clear to see immediate application areas, where the integrity of the transaction is of upmost importance to those using the system.

The ‘V-Initiative‘ is proposing exactly this, a new voting architecture based entirely around the integrity this technology offers, and further this leads us into the concept of ‘Blockchain Democracy‘, a concept that goes far beyond this simple but essential security function.

For example Australia is boasting an emergent, radical new political party called ‘Flux' which is also offering to bring it to life down under. Etherium offers you a guide on How to Build a Blockchain Democracy, leveraging the core principle of ‘DAO's (Decentralized Autonomous Organizations).

Probably the most comprehensive introduction is offered by the National Democratic Institute, describing What the Blockchain Could Mean for Democracy in the Digital Age. They cite already underway applications like, again, E-Estonia using the blockchain to enable more secure citizen signatures.

Disruption? Holy shit the whole world's gonna change. We have entered Very Interesting Times.

As Re:publica writes "the protocols & algorithm on the blockchain define the ‘constitution', the underlying crypto laws of our future crypto economy".

It's not one particular function that makes the blockchain so important, like a digital currency, but rather that it holistically enables an entire Digital Economy.

The post Blockchain Identity – Keystone foundation for Digital Democracy and Society appeared first on CBPN.

More Stories By Cloud Best Practices Network

The Cloud Best Practices Network is an expert community of leading Cloud pioneers. Follow our best practice blogs at http://CloudBestPractices.net

Latest Stories
SYS-CON Events announced today that TidalScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale is the leading provider of Software-Defined Servers that bring flexibility to modern data centers by right-sizing servers on the fly to fit any data set or workload. TidalScale’s award-winning inverse hypervisor technology combines multiple commodity servers (including their ass...
As hybrid cloud becomes the de-facto standard mode of operation for most enterprises, new challenges arise on how to efficiently and economically share data across environments. In his session at 21st Cloud Expo, Dr. Allon Cohen, VP of Product at Elastifile, will explore new techniques and best practices that help enterprise IT benefit from the advantages of hybrid cloud environments by enabling data availability for both legacy enterprise and cloud-native mission critical applications. By rev...
As popularity of the smart home is growing and continues to go mainstream, technological factors play a greater role. The IoT protocol houses the interoperability battery consumption, security, and configuration of a smart home device, and it can be difficult for companies to choose the right kind for their product. For both DIY and professionally installed smart homes, developers need to consider each of these elements for their product to be successful in the market and current smart homes.
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant tha...
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, will lead you through the exciting evolution of the cloud. He'll look at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering ...
SYS-CON Events announced today that N3N will exhibit at SYS-CON's @ThingsExpo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. N3N’s solutions increase the effectiveness of operations and control centers, increase the value of IoT investments, and facilitate real-time operational decision making. N3N enables operations teams with a four dimensional digital “big board” that consolidates real-time live video feeds alongside IoT sensor data a...
In his session at 21st Cloud Expo, Raju Shreewastava, founder of Big Data Trunk, will provide a fun and simple way to introduce Machine Leaning to anyone and everyone. Together we will solve a machine learning problem and find an easy way to be able to do machine learning without even coding. Raju Shreewastava is the founder of Big Data Trunk (www.BigDataTrunk.com), a Big Data Training and consulting firm with offices in the United States. He previously led the data warehouse/business intellige...
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Avere delivers a more modern architectural approach to storage that doesn't require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbui...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.
Though cloud is the future of enterprise computing, a smooth transition of legacy applications and systems is critical for seamless business operations. IT professionals are eager to start leveraging the cost, scale and other benefits of cloud, but with massive investments already in place in existing infrastructure and a number of compliance and resource hurdles, it can be challenging to move to a cloud-based infrastructure.
Digital transformation is changing the face of business. The IDC predicts that enterprises will commit to a massive new scale of digital transformation, to stake out leadership positions in the "digital transformation economy." Accordingly, attendees at the upcoming Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA, Oct 31-Nov 2, will find fresh new content in a new track called Enterprise Cloud & Digital Transformation.