
20:54
mark.waser@gmail.com if you'd like to connect your blockchain to the GBBP or participate in the project in any other way

30:08
Or type something here ;-)

57:05
Paul has identified a critical missing "link" in the problem and discussion.TCP/IP has ACK of each transaction in real time. Decentration of our blockchain processing lacks that simple connection.

57:59
how much longer is he gona blow his own horn??

58:07
Does anybody here work with Hyperledger Fabric?

58:49
hopefully not - whats the point of centralized bChains???

59:24
+

59:56
@marina I am not proposing centralized blockchains.

59:59
@romanyakovchuk - Yes -- but I could use more manpower to get the gateway from the GBBP to Hyperledger done.

01:00:11
organizations and institutions are the point of centralized (closed) chains. OPEN bChains also have their place, for where trust is very low, and authoritarian regimes thrive. Not all Blockchains are created equally

01:00:14
Used fabric... not a member of the priesthood.

01:00:59
even "closed"/private chains should be decentralized

01:01:01
centralized bChains r useless -u can just use db

01:01:39
it can be, to a certain extent. Its all options. You can buy a Mercedes, or you can buy a Mercedes AMG, the “choice” is always yours

01:01:45
Concur, Mark. One size doesn't fit all. Permissioned implementation has a role, just as open public systems have one.

01:01:58
exactly

01:02:07
@marina ++

01:02:41
@ Mike-Charles. but all permission bChain ca be replaced by DBs

01:03:01
No. They really can't.

01:03:31
We can have a discussion offline

01:03:41
@ Mitja, can we connect on signal/telegram?

01:04:15
@marina Private blockchains are more attractive for enterprises because of permissioned membership, better performance and scalability

01:04:51
from a generalized perspective, but certain actions can be automated, and transparency can be baked in such a way that this “DB” cannot be amended, but appended only

01:04:54
@Mark Waser, since mitja agreed, perhaps, u shall ask him, since he is allowed2talk.....

01:05:04
Concur with Roman.

01:05:12
Actually it depends. For some solutions public blockchain will fit better

01:05:36
yes indeed…”it depends”

01:05:50
You choose the type of Blockchain protocol based on the need and the ‘asset’ being shared.

01:05:50
@romanyakovchuk. y not just DB?????

01:07:15
@ venkat.kodumudi, & then it dies - what do u do w/your code then??? ")

01:07:36
@manina, that question can't be answered in a text block via Zoom.

01:08:06
Mitja and I have talked a lot. I don't know what he "agreed" with -- but if he is claiming those things about private databases, he is totally incorrect.

01:08:07
@marina, I don’t believe in code reusability. I fully believe in design reusability and code salvageability.

01:08:22
Hello Everyone, It’s a pleasure to assist. Please find my contact details below. Best regards, Juan Cabrera +44 (0) 7505022450 LinkedIn: http://linkedin.com/in/euroyengroup

01:08:47
blockchains will always shine where trust is the lowest, whether it be open or closed

01:08:49
Portions of the code can be salvaged, but invariably, you would have to change code to fit a different problem space

01:10:24
blockchains will always shine where trust is the lowest, whether it be open or closed & in permission chains there is no need for testing trust=no need for chain!

01:11:27
permission chain is like naked santa - whats the point??

01:11:32
@marina I will give you some examples of HLF usage. Tell me if you will rather use DB

01:12:50
pls, roma

01:13:39
As an investor, I have been looking to invest in xrp, xlm and other cryptocurrencies, but one of my biggest concerns is being able to name beneficiaries and transfer the asset in the event of disability or death. Does this depend on the institution on wallet that a person would use to purchase the currency?

01:14:53
the key word is investor - how well do u understand tech??

01:14:55
@mike-charles nahounouOn the contrary, authoritarian regimes and bad actors like corporations and banks who have hijacked the internet and finance are the very definition of trustless, and have found quite a comfy home in permissioned environments. In fact public blockchains where the people/community make the decisions are how we get rid of these problems.

01:16:47
@marina my telegram is @futurizt

01:18:07
@Ron we are essentially saying the same thing. Where there is authoritarian regimes, OPEN Blockchains work best, as the abuse of the system and the people can be significantly mitigated. But in environments where there is more trust, it just adds additional transparency and automate actions which increases efficacy and saves time. A proper assessment of the application is always a requirement before one can determine what kind of bchain is most feasible.

01:18:22
Ping me at roman.yakovchuk@espeo.eu I will send you some of our blog posts

01:18:26
@marina

01:19:14
@mike-charles Nahounou Please name one :-)

01:19:52
when one adds the need for privacy, the color of the Koolaid changes

01:20:14
bravi ron!!!

01:20:55
LOL

01:21:08
lol

01:21:47
The discussion in the chat is indeed an added bonus to this very insightful discussion !!!

01:21:50
"Private" blockchain *ONLY* means that the miners/validators are a select group. It does not necessarily mean that the data is private.

01:21:53
Les Aker = Computer Scientist & Cryptographer.lesaker@gondolininc.com

01:21:53
open = permissionLESS

01:22:00
closed = permissioned

01:22:01
Jovan MarjanovicDirector of Global Development, GBAjovan.marjanovic@gbaglobal.orghttps://www.linkedin.com/in/jovanmarjanovic/https://t.me/jmarjano

01:22:17
Permission for validators/miners only

01:22:42
no, "Private" blockchain means controlled = single point of failure!

01:22:53
NO, it does NOT mean that

01:22:57
not at all

01:23:14
yes it does

01:23:23
lol

01:23:26
Levi Adame adamelevi@yahoo.com

01:23:30
whoever gives a permision is in control!

01:23:39
100%

01:24:21
tnx,chuck

01:25:09
Except if that is a distributed groupFor example, the Sovrin Identity network

01:25:14
permissioned architecture requires very good governance across all members. Then the whole group has control.

01:25:20
whats "right consensys"?? its ANY that works, right??

01:25:23
Exactly Les

01:25:48
Sovrin validators come from *many* companies all over the world

01:26:08
@ Les Aker , & if the group does not agree??

01:26:31
It comes to a vote

01:26:57
in “private” blockchains, you don’t want to paint the whole town with a broad stroke to say it = single point of failure…you have systems that are quasi private or quasi public…the point is we should be more flexible in how we determine

01:27:01
@marina... that's why a good governance structure is required. That defines what happens when "the group" does not agree.

01:27:16
good matrix

01:27:21
@Les +1

01:27:25
Look up Sovrin SSI

01:27:47
Decisions are made via vote

01:27:49
Heather does have a good architecture @ Sovrin.

01:28:46
@Les Aker. No matter how good governance in a permissioned environment might be, it is subject to change at any moment. Today nice. Tomorrow naughty. It is in fact a permissionless environment with complete decentralization where people, not management vote that yields real democracy and results that represent the many.

01:30:01
Permissioned environments have their place, but only in very specific cases, like military. Everything else can be open.

01:30:06
lol

01:30:32
@Ron, which is why the governance must include the exit of members as well as the addition of them. "Good governance" would address that problem.

01:30:37
The GBA Government Business Blockchain HUB is Besu, a private Ethereum. Any GBA member who desires is likely be voted in as a validator BY THE OTHER VALIDATORS. The GBA as a whole has no real control except the validators agreed to the rule that it would be limited to GBA members (which is only a matter of spending money for a membership)

01:31:20
validators are also voted out BY THE OTHER VALIDATORS when the have too much downtime or their membership expires

01:31:46
The thing is that some organisations don’t need “real democracy”. They need more control

01:31:48
@Ron, good governance doesn't create a democracy. In a democracy the rights of the minority are not protected.

01:33:14
For example if I signed the contract with the vendor I don’t need everybody in the company know about it

01:33:26
The United States is currently an excellent example of that. Democracy isn't the ideal form of government, it's just that some democracies have been the best large-scalegovernance we have successfully implemented.

01:33:51
@Les Aker Of course they are! Community consensus through direct democracy and voting by all defends it. Unless the idea that most people are interested in not protecting the minority is a "thing". On the contrary, it is centralized governments that weigh down on the minority

01:34:04
EXACTLY, Mitja. THAK YOU!!!

01:34:08
1. transparency 2. accountability 3. immutability is the main perspective to use when designing these systems. Whether open/closed this is how to value the transactions in the system.

01:34:52
@Ron, 50%+1 makes all the decision in a democracy. The rights of the minority in every decision are NOT protected.

01:35:37
@Gerard Walmart = Food Trust.

01:35:55
Exactly- Walmart compelled their suppliers to participate in the FoodTrust blockchain.

01:36:01
@Gerard Maersk = TradeLens

01:36:07
Most people only vote for what they have a personal interest in and abstain otherwise. With this in mind, something called sft majority voting solves this

01:36:30
Agree with Les EXCEPT it is worse than that. Look at the US where the minority rules the majority due to electoral college -- and many votes are prevented by procedural machinations

01:36:37
Venkat’s matrix was on point!

01:36:59
The fear of having Maersk as an admin was custody of competitor info

01:37:03
@Mark Waser EXACTLY!

01:37:21
Perfect answer(s) from Venkat as well, Marina

01:37:33
@Mark, disagree... The EC keeps a small part of the country from making all national decision. Very poor comparison.

01:38:25
I didn't say that the US was the worst, Les. What are you disagreeing with? ;-)

01:38:42
I joined late... but has anyone covered Baseline protocol? Using blockchain (Ethereum mainnet) as a proof of consistency between two state machines, primariloy ERP systems.

01:39:23
The Founders were wise. At the time the Constitution was ratified, 3 colonies had enough population to sway any national policy regardless of what the other 10 colonies wanted.The EC and the creation of a Republic, not a democracy, was the solution. Otherwise, the Constitution would never have been ratified.

01:41:00
@Mark, I'm disagreeing with your accusation regarding the EC. We have 50 state elections for national office holders. No voter is deprived of their vote.

01:41:22
The Founders were brilliant -- but two centuries changed *everything*.

01:41:44
Agree with Mark 100% on this one too

01:41:56
@Mark, to centuries has only confirmed their wisdom.

01:43:03
*two

01:43:08
Huge problem with public entities- introducing a unifying, efficient platform gives the providing vendor too much power. Governments want fragmented architectures with many vendors....it's not like they're spending their own money.

01:43:18
DC resident are deprived of their vote. Puerto Ricans are deprived of their vote.All the people who voted with the MAJORITY in several of the elctions this century were deprived of their vote.And just wait until Trump convinces some state legislatures that electors don't have to cast their votes as directed previously.

01:43:21
We have Brian Brooks and the CFTC Chairman Heath Tarbert saying that GOV. needs the help and to be able to work with industry

01:43:57
@Mark, DC and PR are not states. DC is a federal district... no one should have ever been allowed to live there. If you do, you are free to move.

01:44:17
Greetings from Poland

01:45:54
Actually, THe UAE have the whole strategy for blockchain implementation

01:46:10
They’re doing really good job with this technology

01:46:19
Right. UAE is one of those countries trying it out in real life scenarios

01:46:26
@Mark all the people that votes had their votes counted as part of our Constitutional process of electing public officials. We are a Republic. Not a democracy. And for good reason.

01:46:32
yes its true about UAE

01:46:58
Where I see value in Government space is true use of Digital Sovereign Currency

01:48:47
Amazon Prime has a series called "Next Blockchain" that is a great series.

01:49:03
CBDC’s is where all governments will be poking their noses

01:49:17
Thanks for the info @ Les, gonna check it out

01:49:47
The guy Gerald referenced as creating blockchain is in several of the segments.

01:52:34
transmission protocol vs. process protocol

01:56:28
Telegram ID @Ronmillow

01:56:33
Guys, I would be happy to connect with you for networking

01:56:36
https://www.linkedin.com/in/romanyakovchuk/

01:56:59
Telegram @futurizt

01:57:14
Thanks all! linkedin.com/in/iotmichaelnovak/

01:57:17
venkat.kodumudi@cgi.com, 202-308-9778, Linkedin Profile: https://www.linkedin.com/in/kodumudi/, Twitter: @saivig

01:57:20
My linkedIN - Please follow. Also links to some of my LinkedIn video posts.

01:57:22
Juan Cabrera +44 (0) 7505022450 Juan@EuroyenGroup.com LinkedIn: http://linkedin.com/in/euroyengroup

01:57:26
I would like to connect with all of you - Mallikar@yahoo.com

01:57:27
Jovan MarjanovicDirector of Global Development, GBAjovan.marjanovic@gbaglobal.orghttps://www.linkedin.com/in/jovanmarjanovic/https://t.me/jmarjano

01:57:49
https://www.linkedin.com/in/paulfdowdingDLT Due Diligence – Performancehttps://lnkd.in/dmeDZENAssessing Blockchain Assessmentshttps://lnkd.in/d2FxJ_5Due Diligence – Transitionhttps://lnkd.in/dnDGeHaIs Blockchain a Solution Looking for a Problem?https://lnkd.in/dUstaJEDue Diligence – Future-dated Transactionshttps://lnkd.in/dWFnUUJDue Diligence Q – CAP Theoremhttps://lnkd.in/dxuZNRJDesign Thinking for Blockchainhttps://lnkd.in/dkVCkuSAccounting and Reconciliation in Blockchainshttps://lnkd.in/dWHRt7fConsensus Doesn’t Scalehttps://lnkd.in/dgnwJwuMemory Scalabilityhttps://lnkd.in/dKGj3cuInteroperability for Blockchainshttps://lnkd.in/dWQgPRACorruption in Blockchainshttps://lnkd.in/dW6wsKCThe Double Spend Problemhttps://lnkd.in/dyvxjzbHow did I get into Blockchain?https://lnkd.in/d3xvAx3What is Blockchainhttps://www.linkedin.com/in/paulfdowding

01:58:14
https://www.linkedin.com/company/l4s-corp

01:59:44
FreeTON.org

01:59:48
LinkeIn: www.linkedin.com/in/ron-millowTelegram: @RonmillowEmail: ron.m@tonlabs.io

01:59:54
If anybody here is looking for developers to your projects, don’t hesitate to contact me. I’ll be happy to help.

02:00:25
This is for all of you guys where do you see price of BTC in the nest 15 to 18 months?

02:00:40
Mike-Charles NahounouTelegram: @nobleman777LinkedIn: https://www.linkedin.com/in/mikecharlesnahounou/

02:00:46
https://t.me/JKanyiri

02:00:48
next

02:01:47
https://smile.amazon.com/The-Chain-Of-Everything/dp/B07C7WGVZS/ref=sr_1_1?dchild=1&keywords=next+blockchain+prime+video&qid=1603302598&sr=8-1The Next Blockchain Amazon Prime linke.

02:02:27
LOL

02:02:37
how can we be a member of GBA?

02:03:25
http://gbaglobal.org

02:03:36
Mike-Charles, you may see the following link. https://www.gbaglobal.org/membership/

02:03:41
https://www.linkedin.com/in/lili-chen2020/

02:03:51
MEMERSHIP:https://www.gbaglobal.org/membership/contact jovan.marjanovic@gbaglobal.org

02:04:12
https://www.linkedin.com/in/lili-chen2020/

02:04:12
https://bostonblockchainassociation.com

02:04:17
Thanks Beverlin

02:04:28
Thanks Jovan

02:04:52
https://www.linkedin.com/company/boston-blockchain-association/

02:05:10
Have a call. Thanks to all. Juan Cabrera 👍🏻

02:05:27
Price predictions for BTC anyone for the next 15 to 18 months?

02:05:50
50k @ Adame

02:06:02
@adame :)))))

02:06:04
@Adam any number I will give you worth nothing. The market will decide about the price

02:06:11
true

02:06:25
Office hours: https://calendly.com/meet-jovan

02:07:02
Accounting and Reconciliation in Blockchainshttps://lnkd.in/dWHRt7f

02:07:13
any insights and opinions of Central Bank Digital Currencies? China leads the way at the moment

02:07:14
Thank yo @Gerard and all!

02:07:22
Thank you all as always great meeting!!!

02:07:59
Thank you, Gerard, for the invitation! Thank you, all awesome speakers, for sharing your wisdom!

02:08:15
What I believe is that in the next 5 years nobody will ask the question: “Is it based on blockchain?”. It will be obvious. People even don’t need to know if the application uses blockchain

02:08:43
Thank you, guys! Great discussion

02:08:57
Gerard.dache@GBAglobal.org

02:09:19
Thank you for everyone attending and listening.

02:09:26
is there interest in discussing blockchain with civic societies and NGOs?

02:09:26
Great discussions and feedback guys. Take care everyone. Thanks for the wisdom shared

02:09:34
Thanks everyone for bearing with my ramblings

02:10:06
Thanks for joining us!