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Ecosystem Foundry WG (ToIP) - Shared screen with speaker view
Carly Huitema
19:29
Use case candidates are first https://docs.google.com/document/d/1nYZ2ZgoJQluJk-om8XFQ64btHwDGlwdoMGjbNqfqAEM/edit
Nicky Hickman
25:59
are you going to cluster them? by 'ecosystem' or by customer segment or industry?
Carly Huitema
26:30
I think that's a great discussion point Nicky.
Steve Magennis
27:19
https://www.youtube.com/watch?v=WaImLVGucaI
Drummond Reed
28:40
Nice slide background!
Steve Magennis
28:50
right!
Carly Huitema
29:58
Ecosystem whitepaper and associated presentation links: https://docs.google.com/document/d/11GzlIKRsBZxsABbOvcGYOJy0UQTyn0J5MvRAQbaCu2I/edit?usp=sharing+1heavy_check_markraised_hands12:11https://docs.google.com/presentation/d/1pxYASep3pMZ9NOUoBbpAAeCzubkcUlyYmqI089qMzPI/edit?usp=sharing
Drummond Reed
41:41
Very interesting that it is all based on cloud agents.
Nicky Hickman
42:53
I wonder how ID of the drone itself was included and the relatioships between the drone and the pilot ?
Carly Huitema
44:08
this chain looks like what GLEIF is addressing
"Subra" (P. A. Subrahmanyam)
45:06
The chaining would be something that KERI/ACDC can address?
Steven Milstein
46:47
You can lok at https://www.gleif.org/en/vlei/introducing-the-verifiable-lei-vlei for a description of how GLEIF uses Trust Chain (KERI/ACDC)
Nicky Hickman
54:06
revalidation cycle
Steven Milstein
56:03
Is it not a “Problem Worth Solving” for CAA? Maybe they are not the Customer?
sankarshan
57:10
@Steven - perhaps fuzziness around economic model to sustain this given the volume of credentials issued (and forged?)
Nicky Hickman
57:15
maybe because as in all decentralized ecosystems - the problem is not wholly owned by them, so they don't see why they should fund it, maybe this is anherent barrier to adoption across ecosystems?
Nicky Hickman
57:46
or maybe it's simply covid effect?
Phil Wolff
58:28
Does validating a sustainable business model need to be part of the technical PoC?
Steven Milstein
58:45
@Phil, I think so
Nicky Hickman
59:13
there are also policy moves on the part of the UK Gov to create a stronger need for this https://www.suasnews.com/2022/07/uk-government-gives-the-green-light-for-worlds-longest-drone-superhighway/
Steven Milstein
59:55
If it's a problem worth solving, then it should be a matter of Who'e the Customer?
Steven Milstein
01:00:10
*Who’s
sankarshan
01:00:17
Or, how the value is exchanged in the workflow
Nicky Hickman
01:00:20
I see there are multiple customers
Steven Milstein
01:00:34
The the ecosystem is the customer
Nicky Hickman
01:00:35
yes +1 @sankarshan - the map of incentives
Carly Huitema
01:00:38
with multiple customers you may get the case of pass the buck
Nicky Hickman
01:00:58
where is the ecosystem's budget?
sankarshan
01:01:21
The ecosystem cannot be a customer or consumer. It is merely a representation (construct) of the network of stakeholders with a map of their interactions
Phil Wolff
01:01:23
Form a consortium that everyone pays into to fund the system from the private sector?
Carly Huitema
01:01:42
would the home for that be in the ecosystem's governance authority (which should contain memberships drawn from ecosystem membership?)
Carly Huitema
01:01:59
*that = budget
Steven Milstein
01:02:26
An ecosystem can be the customer if it's solving a problem for them - like maybe the drone pilots. it could be a consortium.
Nicky Hickman
01:02:28
yes - a good example is what Bonifii did as a Credit Union Service Organisation for the CU industry with Memberpass
sankarshan
01:02:55
A consortium is a legal entity - an ecosystem is a theoretical construct.
Carly Huitema
01:03:13
the consortium would be the governance authority
Steven Milstein
01:03:20
Who's benefiting from the solution? What problem is being solved for who?
Carly Huitema
01:03:22
or would form the GA
sankarshan
01:03:24
GA = legal entity
Nicky Hickman
01:05:17
Tykn also have a use case around drones in Thailand for agritech & tourism use cases - SSI is a great application w/drones it plays to the strengths around ID of orgs, people & things
Carly Huitema
01:05:51
During the talk there was discussion about chaining credentials to the source and the suggestion was to check out GLEIF: https://www.gleif.org/en/vlei/introducing-the-verifiable-lei-vlei
Nicky Hickman
01:05:55
it all comes back to the HX of employees
sankarshan
01:06:19
The missing sponsor/stakeholder would indicate a cold start issue.
Steven Milstein
01:07:17
Why not offer a managed service?
sankarshan
01:07:39
This recording is going to be epic!
sankarshan
01:08:28
@Steven - as in a hosted, plug-n-play for the stakeholders to get started with? Instead of a build/own approach?
Nicky Hickman
01:08:44
yes - abstract the complexity but IMO needs to be a cooperative model that aims at value and safety for all members, that's why the CUSO model is appealing - there are also DAO options in terms of governance
Steven Milstein
01:09:14
@sankarshan Yes. Subscription membership
Steven Milstein
01:09:37
Many players to subscribe
sankarshan
01:09:41
oh! about the DAO way - I am a bit circumspect if that would be very agreeable. Government businesses seem to have some tetchy feelings around DAOs
sankarshan
01:09:58
@Steven - it is an interesting proposal. Might actually work
Steven Milstein
01:10:23
IMO, DAO is not there yet
Nicky Hickman
01:10:25
for sure - could blend DAO with Multi-stakeholder cooperative models to balance rights / responsibilities of different stakeholder groups
Steven Milstein
01:10:47
@Nicky +1
sankarshan
01:11:21
we have the pull quote for this recording "blockchain is 20% technology and 80% business process”
Nicky Hickman
01:11:34
+1000 a classic!
Carly Huitema
01:11:36
summary idea - decentralized solutions are 80% business process and 20% technology
sankarshan
01:11:50
(this has been very engaging - glad to have stayed up for this edition of the meeting)
Steven Milstein
01:11:51
It's not about the technology. It's about the opportunity.
Steven Milstein
01:12:17
You can have decentralized governance
Nicky Hickman
01:12:27
take-out 2 - the driver is HX of on-the ground participants that most clearly demonstrates value and drives urgency for adoption
Carly Huitema
01:12:45
👍
Drummond Reed
01:13:59
Must drop, but this has been fantastic. Thank you Keerthi!
Nicky Hickman
01:14:14
take-out 3 catherders - ecosystem orchestrators are a fundamental indicator of ecosystem viability
Nicky Hickman
01:14:43
or a CSF (critical success factor for ecosystem success)
Nicky Hickman
01:15:07
🙌