John Wolpert, IBM Blockchain Operating Director, and Kelly Olson, Director of the Distributed Ledger Technology Group at Intel, talk about their companies’ strategies on blockchain technology at Fintech Week in San Francisco.
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Blockchain experts John Wolpert and Kelly Olson answer questions about their companies’ strategies on blockchain technology at Fintech Week in San Francisco:
- What about the enterprise network performance of blockchain technology? Is blockchain more or less bandwidth intensive? And where are the bottlenecks?
- How does Hyperledger® at the Linux Foundation® fit into the blockchain picture? Most fabrics out there are open source these days; what we need more of is open governance.
- What about working with R3? R3 is a blockchain technology company that leads a consortium of 45 financial companies in researching and developing ways to use blockchain in the global financial system.
- Does blockchain offer value or hype for financial institutions? Can incremental change within an industry help organizations avoid the transformational disruption that often comes with new technologies like blockchain?
- What are the key fabric components you have to tackle before you can get blockchain off the ground? Which of the three layers – networking, journaling, or business logic – are ripe for standardization?
- What are the incentives for participating in a blockchain? What kind of reward do I get for being a part of the technology?
- How does blockchain combat “bad actors”? Is it really like “being naked in a glass house”?
- How does multisig work in your implementations? How will bitcoin security technology multisignature work in the Intel and Open Blockchain fabrics?
- In blockchain, which components need to be open and which ones don’t? Reflections on reinventing the wheel.
- How collaborative have industry players been in the open source blockchain initiatives? And where in the technology does the competition occur?
- How fast is blockchain implementation happening?
Videos explaining the disruptive nature of blockchain technology.