#dlt

How and What to Develop with #corda
▻https://hackernoon.com/how-and-what-to-develop-with-corda-d2a3ecba0dfb?source=rss----3a8144eabf

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This is an updated version of the Developing with Corda post that I wrote last year. Since then quite a lot has changed, but from your perspective, as a developer, it should feel very similar. Corda has changed a lot to increase its performance, improve security and provide a better developer experience. Touching on the last point, improving the developer experience requires adding better functionality while removing less desirable parts. But, to do so while maintaining backwards compatibility allows you to go through the process of working with Corda 3 to 4 come with little issues. That being said, there are a few differences. These are the things that will be highlighted throughout this post while mainly focusing on providing a base for any newer Corda developers reading this.If you (...)

#blockchain #distributed-ledgers #kotlin #dlt

Why #dlt Is Still Not Adopted en Masse
▻https://hackernoon.com/why-dlt-is-still-not-adopted-en-masse-5617e28794ce?source=rss----3a8144e

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Layer 3 development is the next step for blockchainBlockchain incompatibility has prompted the idea of “Layer 3.” Blockchain technology is one of the most over-hyped technologies in recent years. It suffers from serious teething problems, to say the least. After showing promise being able to overhaul the top-down model of relationships, implementable decentralized solutions in the real world are still a long way off. They are either not fully decentralized or poorly scalable due to low throughput and/or lack of compatibility with other blockchains. Hence, there really is no ecosystem that has adopted it en masse. In this piece, we will take a glance at the main pain-points of existing blockchains and the solutions which aspire to alleviate them.Decentralization Vs. Scalability: a Story (...)

#layer-3 #mass-adoption #decentralization #trustline

A stable currency on top of a scalable and decentralized #dlt: can it work?
▻https://hackernoon.com/a-stable-currency-on-top-of-a-scalable-and-decentralized-dlt-can-it-work

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Radix is not a #blockchain. Radix is trustless and decentralized. Radix supports smart contracts. Radix has a low volatility currency.I have no vested interest in Radix, I am just fascinated by the project.Radix is a speedy and scalable alternative to Blockchains and DAGs. Is the result of 6 years of research and development and is the solution to the problems of scalability and decentralization. Please read my article “Is Radix the Coolest Thing Happening in Crypto Right Now?” if you want to know about the Radix tech.For sure it’s a very ambitious project, not only because the Radix team want to deliver a truly decentralized and scalable DLT but also because on top of this platform they want to create a low volatility token, the Rad (XRD), that will be algorithmically minted and burnt to (...)

#stable-currency #cryptocurrency #decentralized-dlt

Crypto’s Biggest Legal Problems
▻https://hackernoon.com/cryptos-big-legal-problems-63b760385fea?source=rss----3a8144eabfe3---4

For good legal frameworks, crypto must acknowledge very big problems.(This is the first part of a larger analytical project titled #cryptolaw, available on Crypto Law Review).CryptoLaw is undergoing explosive growth at the moment. This includes everything from the introduction of new legislative and regulatory schemes, to the re-conceptualization of some of the most basic legal forms, like “contract,” “property,” and so on.It’s difficult to define the field of CryptoLaw, but it’s fair to characterize it as extremely fragmented and discombobulated. This, itself, is a sign of a big potential problem in CryptoLaw.As Mike Orcutt suggested in the MIT Technology Review a few months ago, continuing the current choppy approach to defining crypto legal forms brings: (1) chaos (2) incoherence, (3) (...)

#blockchain #crypto-lawyer #cryptocurrency #dlt

Setting up RESTful API Server for #hyperledger Fabric With #nodejs SDK
▻https://hackernoon.com/setting-up-restful-api-server-for-hyperledger-fabric-with-nodejs-sdk-a46

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Learn how to setup a NodeJS server for your #blockchain network to allow multiple users to interact with the chain easily.In our previous article, we learnt about writing your first simple Hyperledger Fabric Chaincode in Go and how to set up your development environment for Hyperledger Fabric. This article focuses on how to build a NodeJS Server with ExpressJS for your Hyperledger Fabric Network.PRE REQUISITESBefore I jump in any further into this article, I will assume that you’re familiar with setting up the network with multiple organisations and also assume that there is a network already running on your machine. (If not please follow our previous articles in completing them.)It’s also great if you have prior experience in the following,JavaScript OOP conceptsJavascript PromiseServer (...)

#dlt #hyperledger-fabric

World Economic Forum report :
Blockchain to become ’beating heart’ of financial system

Based on 12 months of research and interviews with more than 200 industry players, the 130 page report explores how distributed ledger technology will affect insurance, payments, market provisioning, investment management, capital raising, and depositing and lending.

▻https://www.finextra.com/newsarticle/29299/blockchain-to-become-beating-heart-of-financial-system

the effects will be hidden, coming from new processes and architecture based on blockchain that simplify back-end processes, making them cheaper, more secure and more accessible, rather than radical finch innovation or new currencies such as bitcoin

[...]

The report also highlights the potential for an inter-bank, blockchain-based fiat currency to streamline the arduous process for transferring money, an innovation which would “cause blockchain technology to enter the finance bloodstream”.

[...]

The report notes that there are risks, including design errors, malicious behaviour and security gaps. In addition, FS firms will have to cooperate while a clear regulatory and legal environment is also needed.

The report:

An ambitious look at how blockchain can reshape financial services
▻https://www.finextra.com/finextra-downloads/newsdocs/WEF_The_future_of_financial_infrastructure.pdf

backup : ▻https://www.docdroid.net/file/download/rljkt6g/wef-the-future-of-financial-infrastructure.pdf

#blockchain
#banking #insurance #payment
#DLT #Distributed_Ledger_Technology