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From YouTube: Latest Technology Adoption Trends in Enterprise Blockchain Projects - Jim Zhang & Tracy Kuhrt
Description
Latest Technology Adoption Trends in Enterprise Blockchain Projects - Jim Zhang, Kaleido & Tracy Kuhrt, Accenture
This talk presents new directions we see clients of enterprise DLTs are taking, including using token bridges to connect the permissioned sidechains with the Web3 world, Enterprise DAOs (decentralized autonomous organizations), the need for sophisticated MPC based wallets, and increased adoption of the tokens programming model.
Sessions Details & Slides (if available): https://sched.co/14H4c
Access All Sessions: https://events.linuxfoundation.org/hyperledger-global-forum/program/schedule/
----
Hyperledger – Open Source Blockchain Technologies
Hyperledger is an open source community focused on developing a suite of stable frameworks, tools and libraries for enterprise-grade blockchain deployments.
It serves as a neutral home for various distributed ledger frameworks including Hyperledger Besu, Fabric, Sawtooth, Indy, as well as tools like Hyperledger Avalon, Cactus and libraries like Hyperledger Aries, Ursa. Learn more about Hyperledger projects: https://www.hyperledger.org/use
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#Hyperledger #Blockchain
License
Creative Commons Attribution license (reuse allowed)
A
A
So
a
little
bit
of
introduction
for
myself
and
when
Tracy
comes
up
for
her
part,
she
will
do
introduction
for
her
herself
I'm
one
of
the
co-founders
of
collido
at
collido.
We
provide
infrastructure
for
blockchains
both
on
the
blockchain
layer,
but
also
on
off
chain
components,
layer,
because
we
figured
since
day
one
at
collido
that
when
you
build
a
solution
on
blockchain,
there's
many
components
beyond
the
blockchain
itself.
In
fact,
we
often
find
that
blockchain
is
five
percent.
Sometimes
ten
percent
of
the
whole
solution
for
everything
else.
A
You
have
to
build
a
lot
of
components
to
make
things
work
together.
So
clydal
is
always
a
platform
that
provides
not
just
the
blockchain
but
also
other
components
to
make
it
easier
to
build
Solutions
on
so
a
bit
more
about
myself
and
one
of
the
TSC
members
as
of
this
year.
In
the
past,
before
I
I
joined,
our
Coast
founded,
collido
I
was
part
of
the
IBM
team.
On
the
platform
site
for
blockchain,
I
was
one
of
the
hypo
Azure
fabric
maintainers,
not
a
retired
maintainer
on
fabric
I'm.
A
Also,
the
commercial
platforms
lead
architect
for
IBM,
okay,
so
in
terms
of
the
things
that
are
both
from
our
point
of
view
at
collido
and
Tracy's
point
of
view
at
Accenture,
both
of
us
work
with
customers
quite
a
lot.
These
are
the
latest
trends
that
we
see.
Customers
do
in
terms
of
getting
blockchains
into
their
Enterprise
architecture
and
solve
their
own
pain
points.
A
There
are
many
protocols
under
that
umbrella
or
polka
dots,
Cosmos,
Avalanche
whatnot,
even
hyperledger,
Fabric
and
besu,
regardless
of
your
protocol
or
even
Corda,
which
is
not
a
hyperledger
but
nonetheless
a
prominent
Enterprise
production
protocol.
A
token
is
something
that
everybody
supports,
because
it's
very
useful
programming
construct,
so
it
can
be
very
simplistic
yet
popular,
for
example,
fungible
token
standards,
so
you
can
launch
your
shiny
coins
or
mint
valuable
things
in
in
the
form
of
non-fungible
tokens
or
nfts.
A
They
can
also
be
sophisticated
things.
For
example,
you
can
launch
a
token
implementation
that
models
one
of
a
Security
Instruments
which,
as
you
know,
has
many
aspects
to
them.
For
example,
if
you
look
up
ERC
1400
set
of
Standards,
you
can
see
they
are
attempting
to
to
model
real
world
Securities
that
are
in
the
regulated
space.
A
A
There
are
many
token
designs
and
implementations.
A
lot
of
them
have
been
battle
tested
by
being
launched
in
the
public
networks
and
being
responsible
for
securing,
sometimes
multi-billion
dollar
worth
of
value.
There's
a
popular
term.
You
may
have
heard
of
total
locked
value,
which
represents
how
much
value
a
particular
smart
contract,
for
example,
on
ethereum,
is
responsible
for
in
that
particular
construct
for
for
token.
A
So
this
makes
it
this
should
make
Enterprise
feel
safe
when
they
adopt
a
token
implementation,
because
if
there
are
any
flaws,
they
would
have
been
discovered
because
a
public
network
having
a
flaw
is
very
easy
to
be
a
target
for
hackers.
So
the
fact
that
they've
been
responsible
for
a
large
amount
of
value
for
a
long
time
is
proof
that
it's
very
high
quality,
just
as
as
an
example
of
a
of
a
token
usdt
is
a
stable
coin
or
ethereum.
It's
a
erc20
implementation.
A
Erc20
is
one
of
the
simplest
token
standards,
as
a
fungible
token,
has
a
market
value
of
32
billion.
As
of
the
writing
of
this
documentation,
so
tokens
is
being
adopted
in
Enterprise
space
for
many
from
many
angles.
For
example,
Banks
their
customers
come
to
come
to
them,
often
with
a
custody
needs
when
I
have
a
wallet
that
I'm
responsible
for
and
I
have
a
couple
ethereum
or
Bitcoin
in
there.
I
may
be
comfortable.
A
You
know
managing
the
key
myself,
but,
as
my
portfolio
keeps
growing,
the
value
continues
to
rise
at
some
point,
I
may
feel
a
need
for
someone
else
to
look
after
that
value,
so
in
case
I
misplace.
My
key
I
won't
lose
all
that,
so
banks
will
have
a
need
to
provide
a
custody
service
so
both
to
forsake
safe
keeping
purposes,
but
also
for
earning
interest
on
that
on
that
value,
consumer
Brands.
They
are
very
interested
in
token
standards
because
they
want
to
Launch
nfts
for
their
Unique
Designs
and
their
for
growing
their
brand.
A
In
the
virtual
space,
one
of
the
most
popular
nft
ecosystem
is
MBA
Top
Shot
sales
accumulated
sales
have
surpassed
one
billion
dollars,
so
that's
value,
that's
that's
generated
in
the
past
year.
Also
that
was
never
there
before.
So
it's
net
new
value,
that's
generated
just
because
of
the
nft
technology.
A
A
A
So
the
best
way
to
improve
the
quality
is
to
pull
together
the
Val,
the
data
from
different
vendors
and
different
insurance
companies,
and
to
encourage
the
sharing
of
the
data
using
tokens
as
incentive,
as
a
great
way
to
do
that.
Post
trade,
clearing
DL,
to
use
the
LT
to
make
settlements
more
real
time
rather
than
you
know,
batch
at
the
end
of
the
day.
A
As
an
example
dtcc,
which
Bob
mentioned
earlier,
announced
the
project
ion
in
which
is
finally
in
parallel
production.
After
along
a
period
of
expert
experimentation
in
August
this
year
and
has
processed
a
large
amount
of
value
through
this
new
dlt-based
system,
web3
startups
is
another
adopt
adopter
early
adopter
of
token
Technologies.
A
They
want
to
use
the
LTE
to
provide
a
new
ecosystem
for
doing
D5
decentralized
Finance,
so
that
regular
people
can
participate
in
financing
activities
which,
before
blockchain,
is
not
possible
because
of
the
high
threshold
to
entry
as
another
example
finality,
which
is
a
company
based
in
London,
just
one
UK
regulator's
approval
as
a
new
regulated
payment
solution
provider.
So
that's
a
key
milestone
for
that
company
and
you
can
see
mainstream
adoption
of
token
Technologies
token
Bridges.
This
is
another
very
critical
component
for
the
blockchain
space.
A
In
the
Enterprise
side,
token
Bridges
is
part
of
the
bigger
umbrella
called
cross
chain.
Interoperability.
There
are
other
types
of
interop
Technologies
in
token,
Bridges
is
one
of
the
most
mature
and
one
of
the
popular
solutions
for
that.
So
what
this
does
is
we
talked
about
blockchain
solving
silos
issues,
but
we
still
have
blockchain
themselves
being
silos
because
you
have
ethereum
as
one
Silo,
you
have
Solana
as
another
Silo.
You
have
Avalanche
as
yet
another
silo
and
you
often
have
a
need
for
digital
assets
to
to
go
from
one
to
another.
A
For
example,
I
want
to
use
my
ethereum
to
invest
in
a
Solana,
because
there
is
a
great
dap.
That's
been
developed
on
Solana.
How
do
I
participate
in
that
invest
in
my
from
my
ethereum
portfolio,
or
sometimes
when
you
need
to
pay
for
nft?
That
is
minted
in
the
site
chain
in
ecosystem.
How
do
I
pay
for
that
with
my
ethereum
Holdings,
so
things
like
that
all
involve
digital
assets
or
state
to
travel
from
one
chain
to
another
chain
in
the
secure
and
seamless
way.
A
So
assets
can
do
this
transfer
in
different
Fashions
right.
Sometimes
it's
a
clear
transfer
where
I
need
to
take
it
out
of
circulation
in
the
source
chain
and
then
I
I
put
it
into
circulation
on
the
target
chain.
Sometimes
it's
sort
of
a
swap
or
exchange
where
parties
do
payment
in
one
way
and
then
in
one
chain
and
then
do
delivery
in
the
opposite
direction
in
another
chain.
So
it's
sort
of
a
swap
between
two
chains,
so
bridges
are
typically
secured
smart
contracts
that
require
multiple
approvals
before
actions
are
taken.
A
I
won't
have
time
to
go
into
details
on
this
chart,
but
this
is
a
typical
setup
of
a
blockchain
across
two
ecosystems.
So,
in
this
particular
example,
I
have
a
Enterprise
defy
that's
built
in
the
sidechain
on
the
right
hand,
side
and
then
I'd
like
to
integrate
with
a
layer
one,
for
example,
ethereum
on
the
left
hand
side
through
the
bridge.
A
On
the
other
side,
for
example,
when,
when,
when
I
have
a
large
amount
of
ethereum
that
I
like
to
invest
in
this
sidechain
ecosystem,
because
whoever
built
the
defy
is
very
smart
and
knows
the
the
the
market
and
it's
a
very
lucrative
business
that
I
like
to
participate
in,
you
would
deposit
your
ethereum
through
the
bridge.
So
the
contract
sensing
that
someone
deposited
some
amount
of
value
will
then
mint
a
corresponding
value
into
the
sidechain
ecosystem.
A
So
now
you
have
exchanged
your
ethereum
to
a
token
that
you
can
use
on
this
side
and
then
you
can
invest.
Let's
say
at
some
point:
your
precedes
accumulated
enough
and
you
like
to
cash
out.
You
can
do
a
withdrawal,
and
that
would
be
a
burn
on
this
side
and
again,
the
bridge
wall
sense,
the
the
burning
event
and
then
we'll
release
the
fund
that
was
previously
locked
here
and
you
take
out
what
more
ethereum
than
you
have
deposited
earlier.
A
So
that's
what
a
token
Bridge
looks
like
the
next
component.
I
like
to
cover
is
what
Advanced
wallets
so
as
more
and
more
value
go
into
Enterprise
based
blockchains,
Key
Management
becomes
a
critical
component,
so
you
want
all
keys
to
be
highly
secured,
managed
securely
managed,
and
you
also
want
certain
transactions
to
have
multiple
signatures.
So
no
one
Rogue
actor
can
can
steal
the
money
and
run
away.
So
multi-party
compute
is
a
cryptographic
technique
that
allows
a
common
output
to
be
computed
across
multiple
parties,
and
no
single
party
has
the
whole
truth.
A
In
the
end,
every
party
produce
only
partial
truth.
The
whole
truth
only
comes
out
at
the
very
end,
so
this
is
a
great
way
to
make
sure
that
no
single
party
holds
your
private
key.
That
has
the
power
to
unlock
the
value
on
blockchain,
so
mpc-based
wallets
is
very
secure
in
that
way.
It's
a
great
way
to
manage
your
keys
and
it's
a
great
way
to
to
do.
Multi
signature
flows,
so
it's
very
popular
within
the
crypto
exchanges
that
have
to
hold
huge
amount
of
digital
assets,
but
also
Banks,
providing
digital
assets.
A
Custody
which
also
needs
to
manage
huge
amount
of
assets,
will
find
this
very
useful.
Last
slide
before
I
hand
over
to
Tracy
is
hybrid
blockchain.
You
will
hear
more
about
this
in
other
sessions.
This
is
when
Enterprises
use
a
mix
of
publishing
and
private
chain
together,
it's
somewhat
similar
to
this
kind
of
setup,
where
you
use
a
gas-free
chain
to
do
the
majority
of
your
transactions,
because
who
wants
to
deal
with
you
know
gas
fee
fluctuation
on
a
you
know,
minute
by
minute
basis.
A
Right,
that's
a
lot
of
headache
you
want
to
avoid,
if
possible
and
in
general,
a
gas-free
chain
running
more
efficient
consensus.
Algorithm
gives
you
a
higher
throughput
compared
to
the
public
chains,
and
in
this
Edition
you
don't
have
to
hold
crypto,
which
you
know
to
most.
A
lot
of
Industries
is
a
problem,
especially
the
regulated
Industries.
A
B
B
My
manager
at
the
time
came
to
me
and
said:
hey
there's
this
new
thing:
can
you
check
it
out
as
part
of
the
Strategic
architecture,
team
and
I
said
sure,
let's
take
a
look
at
it,
I
thought
it
was
so
interesting
that
I
moved
over
to
the
Linux
Foundation,
where
I
worked
for
a
couple
years
as
a
community
architect
at
hyperledger
and
have
since
moved
to
Accenture,
where
I
focus
on
this
day
to
day.
So,
let's
take
a
look
at
the
rest
of
the
trends
that
we
have
within
this
presentation.
B
So
the
next
Trend
that
we
have
is
organizational
wallets,
so
we
actually
have
a
couple
of
different
things
that
are
happening
in
the
hyperledger
specifically
focused
on
the
organization
and
wallets
for
the
organization.
The
first
one
is
traction:
it
is
a
hyperledger
areas
project.
It's
a
digital
solution
for
organizations
that
focuses
on
the
line
of
businesses
and
allowing
them
to
easily
integrate
hyperledger
Aries
into
their
applications.
B
B
It
provides
some
value-added
services
and
future
functionality,
for
that
will
include
things
like
machine,
readable
governance.
We
also
have
within
hyperledger
Labs
the
hype,
the
business
partner
agent.
So
this
is
a
opinionated
sort
of
SSI
wallet.
It's
controlled
based
on
hyper
Ledger,
Aries
and
it
uses
it
allows
you
to
verify
a
whole
in
issue
verifiable
credentials.
B
The
second
thing
that
I'll
include
here
with
Trends
is
the
multi-purpose
wallet.
So
wallets
is
obviously
a
big
sort
of
conversation
that
we're
having
and
we
think
that
I
think
you
heard
it
in
Melanie's.
Talk
right
where
she
talked
about
the
fact
that
we
currently
today
have
blockchain
wallets
that
are
focused
on
digital
assets,
your
tokens,
your
cryptocurrency,
or
we
have
blockchain
wallets
that
are
focused
on
verifiable
credentials.
B
What
if
we
had
a
universal
or
multi-purpose
wallet
that
could
hold
all
of
your
different
sort
of
assets?
Your
financial
instruments,
your
cryptocurrencies,
your
nfts,
your
digital
identity,
those
verifiable
credentials,
any
sort
of
travel
data
or
Loyalty
cards
that
you
might
have.
So
we
think
this
is
a
place
where,
where
we
will
see
some
work
being
done
and
allowing
you
to
access
those
wallets
through
the
web,
through
your
mobile
devices
through
Hardware,
through
VR
headsets
into
virtual
world,
and
even
through
your
desktop.
B
The
next
Trend
we
have
is
Roll-Ups,
so
Roll-Ups
are
becoming
more
and
more
used,
Roll-Ups
move
that
computation
and
your
State
Storage
off
chain
and
allows
you
to
keep
some
data
kind
of
per
transaction
on
chain.
So
there's
a
couple
of
different
sorts
of
Roll-Ups
that
exist,
so
Optima
optimistic,
rollups
use
fraud,
proofs,
the
roll-up
contract
keeps
track
of
the
entire
history
of
the
state
and
the
hash
of
each
batch.
B
The
contract
itself
would
then
be
able
to
verify
that
proof
and
revert
the
batch
and
all
batches
after
80.
there's
also
zero
knowledge
Roll-Ups.
These
use
validity
proofs,
so
every
batch
would
include
a
cryptographic
proof
and
that
cryptographic
proof
would
be
using
a
zk's
snark
and
that
would
prove
that
basically,
the
state,
the
post-state
route
that
is
stored
on
the
layer,
one
has
the
correct
result
of
executing
the
batch.
So,
no
matter
how
large
that
computation
is
the
proof
can
quickly
and
easily
be
verified.
B
B
B
B
So
this
is
something
that
may
be
running
hyperledger
fabric
for
one
of
your
networks
and
maybe
an
ethereum
virtual
machine
for
another
Network.
This
is
obviously
more
challenging
and
more
difficult
and,
of
course,
at
hyperledger.
We
have
projects
that
are
focused
on
interoperability,
specifically
hyperledger
Cactus,
and
we
have
some
Labs
that
are
also
focused
on
interoperability
and
then
what
would
a
Trends
presentation
be
without
talking
about
the
metaverse,
so
in
the
metaverse-
and
this
is
a
slide
directly
from
some
of
our
Accenture
slide-
Decks-
that
we
have.
B
In
the
2010s
we
talked
about
the
Internet
of
Things.
Those
connected
devices
that
we
have
throughout
our
houses
are
devices
that
we
carry
around
every
day
and
connecting
those
machines
together
in
in
the
way
that
we
work
and
then,
with
the
metaverse.
We
see
the
internet
of
place
and
the
internet
of
ownership
so
bringing
together
people
virtually
in
the
real
world
and
the
people
who
are
watching
this
right
now
on
the
live
stream.
A
Let's
see
what
else,
who
have
done
a
hybrid
setup
from
a
side
chain
permission
sidechain
with
a
public
chain,
wow,
okay,
very
encouraging,
so
I
think
these
are
the
the
trends
we've
seen.
Definitely
in
the
past
year.
Also,
and
all
these
hands
are
proof
that
we're
we're
not
we're,
not
joking,
anything
that
we've
missed
in
this
in
this
deck
that
you
think
is
holds
a
lot
of
promise
and
is
very
critical
to
the
advancement
of
the
space.
C
C
And
I
want
to
reiterate
on
the
roll-up
slide,
I
think
that's
going
to
be
another
big
Trend
coming
in
and
another
thing
we're
seeing.
People
are
less
interested
in.
Well,
it's
not
that
they're
less
interested.
It's
that
the
market
is
a
smaller
percentage,
is
going
for
building
a
level
player
one
chain
because
there's
New
Market
people
coming
in
that
say:
well,
we
just
need
to
distributed
app
and
we
don't
need
to
run
the
entire
chain
so
with
Roll-Ups.
It
builds
the
market
which
makes
me
shrinking
literally.
C
The
whole
pie
is
growing
and
there's
just
a
smaller
spice
and
I
think
that
the
the
value
of
Roll-Ups
allows
for
use
cases
where
it's
like
you
know.
We
only
have
100
transactions
a
day.
Is
that
you
know
we
really
need
a
layer
one
for
that,
but
they
the
decentralization
and
the
non-centralized
ownership
is
essential
to
have
it
on
some
sort
of
a
public
or
uncontrolled
chain
that
you
know.
C
C
B
You
and
to
summarize,
for
those
who
are
on
video,
the
merge
proof
of
work,
the
proof
of
stake
proof
of
stake,
going
to
be
very
important.
A
plus
one
to
the
roll
ups
is
being
extremely
important
and
seeing
what's
going
to
happen
there
and
then
Dano
mentioned
dios,
so
I
think
those
are
some
interesting
things.
I
think
we
actually
had
a
slide
on
that
we
removed
it.
For
some
reason,
I
don't
know,
but.
A
Enterprise
Dao,
don't
think
those
are
coming
to
the
scene
just
yet
so
I
decided
to
remove
it,
but
just
for
a
show
of
hands
anybody
thinking
of
creating
a
dial
in
their
Enterprise
use
case
wow
I'm
impressed
I
should
have
did
it.
Yeah
I
appreciate
the
input
from
Daniel
where
TSC
Fellow
membership,
so
I
thought
I
I'm
just
a
bit
Justified
to
pick
on
him.
D
Sort
of
General
very
expected
question
Paul
Hearns
from
blockchain
Ireland
here
locally,
and
you
mentioned
interoperability-
and
we
heard
this
morning
about
possibly
two
ends
of
spectrum
in
terms
of
cbdc's
and
then
you're
talking
now
about
net
reverse.
So
if
it
looked
say
at
some
of
the
very
established
use
cases,
they're
they're,
very
traditional
in
terms
of
Finance
Insurance
things
like
that,
do
you
have
a
sense
of
interoperability?
Maybe
a
few
years
down
the
line.
B
So,
just
to
repeat
the
question
for
the
people
in
the
video:
it's
around
interoperability,
the
the
Spectrum
from
cdbc's
to
metaverse
and
what's
in
between,
and
how
does
this
become
sort
of
reality?
And
what
do
we
see
happening?
There
I
think
there's
some
really
interesting
things
that
can
happen
specifically
I.
Think
if
we
look
at
the
hyper
Ledger
space,
we
have
things
that
are
networks,
blockchain
networks,
those
blockchain
networks
could
be
cdbc
networks.
They
could
be
supply
chain
networks,
they
could
be
identity,
networks,
I
think
in
the
metaverse.
B
Things
that
are
going
to
be
important
obviously
are
payments
right.
That
could
happen
on
a
on
a
blockchain
network,
either
cdbc
stablecoin,
cryptocurrencies
I
think
there
could
be
some
really
interesting
things
around
proving
who
we
are
within
the
metaverse
right,
as
we
think
about
doing
sort
of
Commerce
in
the
metaverse.
How
do
you
know
who
you're
interacting
with?
Are
you
interacting
with
somebody
on
the
metaverse
who
is?
B
And
then
you
know
the
the
sort
of
interaction
that
you're
going
to
have
right.
Not
everybody
is
going
to
interoperate
in
World
in
a
mask
right.
Some
of
us
are
going
to
operate
on
a
desktop
and
those
sorts
of
things
so
I
think
there's
going
to
be
some
interesting
sorts
of
things
that
happen
kind
of
at
that
display
layer.
And
then
what
is
the
ecosystem
that
you're
building
within
that
metaverse
right?
Is
it?
Is
it
focused
on
Commerce?
Is
it
focused
on
social
interaction?
What
is
that
focus
and
I?
B
A
It
shouldn't
be
that
a
cbdc
DLT
is
owned
by
a
single
organization
that
defeats
the
purpose.
But
if
you
want
multiple
orgs
to
join,
you
have
to
solve
privacy
properly,
and
that's
that's
going
to
be
a
very
big
challenge.
There
are
some
projects
that
specifically
focus
on
this
I.
Think
ubin
was
one
of
them,
trying
to
use
zero
knowledge
proof
to
to
solve
a
privacy
in
the
cross-border
payment
scenario.
A
B
I
think
you
know
we'll
see,
standards
being
developed,
we'll
probably
see
new
projects
coming
into
hyperledger
that
are
implementing
those
standards
and
so
I
think
think.
There'll
be
a
lot
of
interesting
things
happening
in
that
space.
Thank
you
for
the
question.
I
do
know
that
we
are
at
time
I.
Think
11
55
was
when
we
were
supposed
to
end.
So
thank
you
for
attending
we'll.