19 April 2022 at 01:20AM
AITP | Building for the Future on Blockchain
Date: Thursday, April 28, 2022
TIME: 5:30 PM to 6:00 PM Networking 6:00 PM to 8:00 PM Presentations, Panel Discussion, Q&A
PLACE: Virtual via ZOOM wherever your connection is good.
SPEAKERS:
Paul Brody - Principal and Global Blockchain Leader, Ernst & Young
Bhargav Perepa - Blockchain Architect/ Specialist/Advisor IBM
Monisha Coelho - Partner - Business, Real Estate, India (Crypto), Alvarado Smith Law
More to Come
Cost: FREE for all with Advance Registration. ZOOM Registration is required.
Developing Blockchain Applications Today for Tomorrow's World
The world of Blockchain is evolving rapidly – from Bitcoin Layer 2.0/ layer 3.0 to Ethereum Layer 2.0 platforms like Polygon and Solana. There are private platforms like Hyperledger Fabric. And now there are fast-developing decentralized finance (DeFi) solutions. Ethereum and its Layer 2 networks represent 75% of all DeFi dollars, 95% of all NFTs, and three to 10 times the number of software developers than other ecosystems.
The choice of platform is a crucial one in application development – and will directly impact the success of your venture. Mainstream adoption of Blockchain will mirror the growth cycles of cloud, enterprise software, and personal computing – 15 to 25 years of 25-35% growth. The Blockchain financial ecosystem is estimated to become 40 times larger than it is today, with market cap of $110 trillion. Now is the time to establish leadership, and your choice of platform is the foundation for trust and future market share.
Some critical factors in selecting a blockchain platform include:
1. The type of application you’re building – requirements, including the need for transaction privacy
2. Scalability and throughput of the platform, "gas" costs.
3. Adoption rate: the strength of the community, Services offered by the ecosystem
4. Development standards and processes
Our speakers will share insights into these things, including
• Private vs Public - Should you utilize both private (permissioned) and public blockchains, or simply build securely on public blockchains and infrastructure?
• Benefits - The standout capabilities of DLT / blockchains, their unique value, and risks
• Current Trends/ Strategies in blockchain development, tools and process
• Designing for decentralization - thinking in native blockchain terms (not easy)
• Designing for privacy – for smart contracts, both privacy of the transfer details and of business logic
• Integration of blockchain into existing applications.
• Governance rules/ protocols - development, support, and release management.
There are also significant legal considerations for blockchain transactions, and we’ll hear about those elements as well:
- Jurisdictional/regulatory issues – transactions may span many locations across the world.
- Intellectual property – limitations of open-source licenses, plus the need for patents to safeguard newly-developed technology.
- Smart contracts – developer responsibilities for code which malfunctions or operates in a manner not intended by the parties to a transaction.
- Product acceptance -- defining the stage at which acceptance occurs.
This will be a fantastic conversation with many practical takeaways. Join us for insights on technologies which are forming a foundation for the business landscape of the future.
