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SUMMARY:Governance by blockchain - Anwaar Ali (University of Cambridge)
DTSTART:20190521T121500Z
DTEND:20190521T124500Z
UID:TALK125311@talks.cam.ac.uk
CONTACT:Allison Randal
DESCRIPTION:Blockchain promises the lucrative feature of trusted peer-to-p
 eer value transfer interactions. It has the potential to go beyond its fir
 st manifestation namely Bitcoin which is the digital value transfer system
 . However\, issues such as lack of governance\, scalability\, and adaptabi
 lity of blockchain-based solutions remain in the way of it becoming a main
 stream technology. So far a series of hack incidents and the technology be
 ing used by malicious entities targeting such blockchain-based solutions p
 ut this technology largely under shade and thwarts it going mainstream. *T
 herefore my thesis is that an effective  and trusted governance framework 
 for blockchain-based solutions is imperative.* Such a framework should all
 ow things to go wrong and should have a mechanism in place through which t
 he system can heal\, in large part\, on its own. This requires a trusted i
 ntervention mechanism for the\, mostly\, close-walled nature of a blockcha
 in system so that its decentralised nature can be preserved. I will be con
 sidering two main overarching themes related to the extent of governing a 
 use case using a blockchain-based platform and its effectiveness (in terms
  of scalability\, adaptability\, and speed).
LOCATION:Computer Laboratory\, William Gates Building\, Room FW11
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