Blockchain/ Distributed Ledger

Meeting Minutes - 13 Nov 2024 - Roadmap for 2025

  • 1.  Meeting Minutes - 13 Nov 2024 - Roadmap for 2025

    Posted Nov 13, 2024 01:22:00 PM

    Announcements

    • Dec 11 Meeting time moved to 8am PT - Guest Presenter: Dan Doney, CTO for DTCC Digital Assets - current innovation and the future of blockchain in FI.

    Potential Topics to Explore in 2025

    Blockchain in Financial Transactions

    • Evolution of stock settlement times (moving towards instant settlement with blockchain).
    • Potential to transform financial systems, including Federal Reserve and transnational transactions.
    • Discussion on political influences, with crypto funding for both sides of U.S. elections.

    Exploring AI & Blockchain Applications

    • Proposal for multi-AI entity communication using blockchain for secure negotiation tasks.
    • Interest in experimenting with this model and presenting at conferences.
    • Potential applications in digital health and digital identity, with relevance to quantum encryption.

    Quantum Agility & Resilient Systems

    • Importance of quantum-resistant cryptographic systems.
    • Need for scalable, cost-effective solutions to manage large data with resilience (anti-fragility).

    Stakeholder Engagement & Promotion

    • Need for increased participation and visibility among stakeholders (70,000+ on mailing list).
    • Suggestion to invite guest speakers and send reminder emails to keep stakeholders informed.

    Blockchain's Everyday Applications

    • Future potential of blockchain in daily life, illustrated with examples like smart home devices.
    • Thought experiment on blockchain's broader implications and practical challenges in scaling.

    Combining Blockchain & AI for Efficiency

    • Potential for cost savings and operational efficiency by merging blockchain with AI.
    • Encouragement to explore innovative applications, noting skepticism about Ethereum's current success stories.


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    Hillary Baron
    Sr Technical Director
    CSA
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