Category

Blog

Does Blockchain Have a Role in Gaming?

By | Blog

Guest post: Alex Migitko, COO, GameCredits

Blockchain is becoming increasingly present in the gaming industry, but more as a concept than a tangible solution. That’s understandable because the technology is fairly new and I’m confident that blockchain will find its place in this industry, which has always been known for fast adoption and innovation.

What you can see so far are roadmaps and plans detailing how blockchain can be implemented in gaming. But in terms of actual use, there aren’t many companies that can show off a viable product. Most of these projects are still works in progress.

Is Gaming Ready for Wider Adoption of Blockchain?

I might be a bit of an idealist, but in my opinion blockchain is a much-awaited disrupting factor in an industry that has started to neglect its fundamental elements: gamers and the game itself.

Let me expand on this a bit further.

There are some inherent inequities that aren’t only limited to the gaming industry. For decades, there have been a few big players dominating the market, overshadowing the many independent developers who have struggled to compete with them. But that’s not the issue I want to raise here.

Being on the forefront of the IT industry, gaming companies have always been among the first to adopt new technologies. That has always been beneficial to the end user.

But in recent years, being in a state of constant development has brought about changes regarding business models and monetization. The late 2000s saw an expansion of the ‘free-to-play’ model, which led more mainstream publishers to move away from traditional subscription-based models. While this worked well for some games, it also raised a whole variety of new issues.

Making games free to some extent has meant that publishers need to rely on in-game purchases to drive revenue. This has proven to be difficult to balance, and in the past few years there have been cases of reputable companies being criticized for putting their budgets first and consumers second.

This is how the term ‘pay-to-win’ was coined. Many gamers now complain that the only way to get good at a particular game is to pay for otherwise unattainable items. Success depends on the amount of money you are willing to spend through microtransactions and in-app purchases, not on your skill level.

The other force driving change in the gaming industry is the popularization of eSports. This ever-growing segment has become practically an industry on its own, with eSports now generating millions in revenue. Given that its profits and popularity keep increasing, it’s evident that this is just the beginning.

This is where blockchain technology can play a pivotal role.

Using blockchain, developers will be able to introduce competitive gameplay to almost any game on every platform. This will add a whole new appeal for consumers, and will help level the playing field.

The adoption of this model will mean that more players can participate and compete – not just a selected few, as is the case currently with eSports events. In this case, blockchain offers security, transparency and a simpler transaction process by eliminating third-party entities.

Moreover, the introduction of competitive gameplay will create a more engaged community of eSports fans, who will be able to easily view – and even interact with – competitions.

Can blockchain resolve the issue of digital goods ownership?

Whenever there’s talk about blockchain and gaming, digital goods ownership almost always become the focal point of the discussion. Since there’s no real solution on the market, I can only offer my opinion, which reflects my status as someone who has been working in the gaming industry for the past 10 years.

From one perspective it sounds like a great solution that every item you own in a particular game actually belongs to you. That creates the possibility of using that same item in other games published by the same company. Moreover, this provides a chance to regulate the trading process of in-game items and make trading possible even outside the game. For many, this is the best use case for blockchain as a technology and cryptocurrency as its byproduct. But my personal stance is a bit different.

While this may sound like an easy solution to a problem that has been plaguing gamers for many years now, it raises more concerns for game developers.

Ultimately, this is a choice that game developers and game publishers will be making, and from their point of view it isn’t such a seamless solution. Creating the in-game economy is a very difficult task as it is. There are numerous variables that influence the decision-making process, and even the biggest gaming companies have made determinantal mistakes in the past.

By liberalizing the whole in-game economy and allowing your items and currency to be used outside your game, you will also lose any control you once had over the situation. Everything that engineers, designers and developers worked hard on creating can be changed by external factors that are now beyond their control. That is a significant problem that needs to be addressed before any progress can be made in that direction.

Conclusion

Everyone at GameCredits strongly believes in the open-source approach, especially when it comes to emerging technologies. In order for blockchain to evolve and reach mass adoption across different industries, more companies need to get behind the technology in a mutual effort. There’s a wealth of accumulated knowledge between all Hyperledger members. GameCredits will look to incorporate existing know-how and use it to make further progress with our gaming products.

Developer Showcase Series: Nathan Aw, NTT DATA

By | Blog, Hyperledger Fabric, Hyperledger Quilt

Our Developer Showcase blog series serves to highlight the work and motivations of developers, users and researchers collaborating on Hyperledger’s incubated projects. Next up is Nathan Aw, who is a Digital Advisory & Solutions Manager, of Emerging Technologies & Innovation Practice at NTT DATA.

What advice would you offer other technologists or developers interested in getting started working on blockchain?

Build software like how we build our houses. Architects draw detailed plans before a brick is laid or a nail is hammered. Programmers and software engineers seldom do – perhaps this is why programs crash more often than houses collapse?

In practical terms, it means… spend a lot of time on writing (thinking) specifications, devising blueprints. For programmers who are building on top of say Hyperledger Fabric, read and understand the protocol specifications. Thereafter write your own specifications for your program. I cannot over emphasize the importance of clarity of thought before one starts building on Hyperledger.

Nathan Aw, NTT Data

Give a bit of background on what you’re working on, and let us know what was it that made you want to get into blockchain?

I am working on Hyperledger Quilt. I got into blockchain purely by chance. Back in college my favorite Computer Science (CS) modules were distributed systems and cryptography (hashing, digital signatures, public-key cryptosystems). When I graduated, I found myself working on middleware (Integration – SOA, AMQP, OSB, etc). When blockchain arrived at the scene, all the stars aligned – I suddenly found my favorite subjects in school and my experience in middleware aligned.  

What project in Hyperledger are you working on? Any new developments to share? Can you sum up your experience with Hyperledger?

Hyperledger Quilt. Amazing community – full of passionate folks who are willing to lend a helping hand. The mailing list is so responsive.

What do you think is most important for Hyperledger to focus on in the next year?

Cross chain interoperability. scalability and security.

As Hyperledger’s incubated projects start maturing and hit 1.0s and beyond, what are the most interesting technologies, apps, or use cases coming out as a result from your perspective?

I find the use cases of diamond supply chain and verifiable IDs for refugees most interesting.

What’s the one issue or problem you hope blockchain can solve?

I hope blockchain can help usher in a new age of trustless paradigm. People no longer need to trust organizations but instead trust the software, the cryptographic proof, the process. Blockchain ideally should bring people closer than before – collaboration and cooperation for the betterment of mankind.

Where do you hope to see Hyperledger and/or blockchain in 5 years?

I hope to see blockchain deployed in all the major industries, the major sectors and on a global scale.

What is the best piece of developer advice you’ve ever received?

Build Software like how we build our houses!

What technology could you not live without?

Blockchain – To be more specific, Hyperledger. (I mean it!)

 

Nathan Aw Ming Kun is a Digital Advisory & Solutions Manager with NTT Data whose primary focus is on Blockchain technologies and other fast emerging technologies such as Robotics Process Automation (RPA). In his current role, he designs and delivers blockchain solutions for his clients. He is also an active participant in the open source collaborative ecosystem such as the Hyperledger Project, among many others. His passion is to help organisations quickly identify, adopt and scale digital technologies thereby pushing the digital frontier and capturing its full value. Nathan Aw brings with him 6 years of enterprise software and implementation experience from leading companies such as NTT Data, Accenture and Oracle.

Not Slowing Down

By | Blog

Guest post: Travin Keith, Founder, Agavon

After being in the blockchain space since 2013, it’s interesting to look back and see how far things have grown, both in the business use of blockchain as well as the development in the cryptocurrency space. I remember when only a tiny percentage of the technologies that were publicly known introduced anything innovative to the code initially introduced by Satoshi Nakamoto. While a lot of these projects still exist today where modifications are as small as modifying the total amount of tokens existing on the blockchain, there has been a large growth in the amount of innovative projects around the space, with more and more being introduced as interest in the technology grows.

Though I’ve been around since 2013, I took a two-year hiatus following the developments around the space to take care of some other things in life. When I came back in May 2016, I was astounded at the growth that has occurred, despite the cryptocurrency market not really reflecting this. Though not everything was perfect and there were still a number of unresolved issues, it was quite encouraging to see. I took a gamble and dedicated myself to catching up as well as learning more about the technology in-depth. The more I learned, the more impressed and interested I got. Eventually I started spurting out use cases from my head left-and-right as I tried to visualize how the technology could be applied. A lot of these ended up being shelved as there were limitations that I wasn’t aware of, as well as general economic restraints to the solutions I thought about. Still, this encouraged me to keep learning and I used these as benchmarks to see how far I’ve come.

However, even after spending countless hours dedicated to learning and researching, I’m still left with a large amount to learn. With the immense, and accelerating, speed of growth, it’ll be impossible for me, alone, to be able to keep up with the new developments around the technology. While it was one reason why I started my company, it’s also a primary reason why joining Hyperledger was one of the top things on our list after the company was created. After a year of being involved, I saw how beneficial it was to be an active member. Keeping up with the developments of the various frameworks became much easier and took up less time as I collaborated directly with those contributing to the code. Keeping up with the evolving sentiment around the blockchain space was also made easier as I collaborated with other companies, both large and small, as we worked on the various projects of the Marketing Committee. It’s a common misconception, though an understandable one sometimes, that dedicating key resources to a collaborative project is never the most beneficial use of these company resources. However, the amount of indirect benefits, such as valuable insights and networking, can justify the resources spent as more would’ve been needed otherwise. As a company with consulting services, these are direct benefits to us as it greatly increases our expertise in the space.

One of the other primary reasons for us joining Hyperledger is because interoperability is one of its goals as there are six frameworks under the organization. Because of this, there is a strong incentive for the consortium to dedicate resources towards this, especially since multiple members of the consortium have their own blockchain, or other distributed ledger technology, product. We share the vision of multiple frameworks existing in the space and are looking forward to participating in research and development on this front move forward, given the numerous growth possibilities when connections between public chains and private chains, whether permissioned or permissionless, are possible. These are exciting times and we’re happy to be part of it.

[VIDEO] Hyperledger Interviews Yoshinobu Sawano, Fujitsu

By | Blog

Yoshinobu Sawano is a manager at Fujitsu and serves on the Hyperledger Governing Board.

Fujitsu is using Hyperledger for many different applications. They joined Hyperledger as a Premier member in order to experience different use cases and understand the application of blockchain outside of FinTech.

By being open source, Hyperledger gives Fujitsu’s customer’s confidence and trust. It also helps speed up the development time, according to Yoshinobu.

Watch the full video below!

 

Transcription here.

Build it on Blockchain: A Sustainable Palm Oil Industry

By | Blog

Guest post: Jesus Oregui and Kiran Kumar of Wipro Limited

The production of palm oil has risen to unprecedented levels in the past decade to meet its consumption demand. As a result, there is a great deal of public scrutiny into its use, environmental impact, and the sustainability of its supply chain. 

The industry’s initiatives to address growing concerns by developing sustainability benchmarks have made some headway. For example, the Roundtable on Sustainable Palm Oil (RSPO)1 works to implement best practices in production and trade, while leading brands have pledged to be committed to 100% RSPO-certified palm oil and oil products. However, despite their best efforts, only 17% of global palm oil production is certified sustainable.2

In reality, the supply chain is still relatively opaque, making it hard for regulatory bodies to ascertain whether a producer is genuinely sustainable and for consumers to know they are buying ethical products. There is no foolproof system to trace back the produce to the plantation, and traceability is still in its infancy – and in many cases almost impossible.

However, there’s good news for producers, regulators, and consumers. Emerging technologies like blockchain could have a transformative impact on the palm oil industry – not only by creating near-perfect transparency in the supply chain but also creating value for its stakeholders, both upstream and downstream.

Blockchain to the rescue

The financial services industry has already embraced blockchain technology to create more transparency in its transactions and reduce leakages. What’s more, there is a precedent for the use of blockchain in building sustainable supply chains. British technology platform Provenance piloted the use of blockchain to bring greater transparency to the controversial tuna fishing industry so that the entire sourcing process – from farm to table – was visible to every stakeholder in the supply chain.

We believe that by 2030, the use of blockchain combined with smartphones, RFID, IoT networks, and mobility applications could create a palm oil trading industry with near-perfect sustainability records. While we may realize this vision earlier, there are real technology adoption challenges in palm oil-producing countries that must be factored in.

What is a blockchain?

Simply put, a blockchain is a tamper-proof, encrypted database that resides with every participating entity – or node – in a value chain. Each of these nodes contains precisely the same transaction records – be it the farmer, producer, transporter or buyer, every transaction in the value chain will exist in every node. Transaction data is encrypted and stored in containers of information called “blocks” which are pushed out across all the nodes. A blockchain can also embed business rules, known as “smart contracts” into the system that apply “if this, then that” logic, making actions free of human arbitration.

Building sustainability on Blockchain

Blockchain finds an astute place in the palm oil supply chain, where it is capable of closing current gaps in transparency. Exhibit 1 shows the concept of how a digital layer can shift the value chain into a sustainable digital supply chain with an audit trail that runs from end to end.

Exhibit 1: Sustainable palm oil supply chain supported by blockchain technology

A plantation worker (1a) tags the fresh fruit bunches to the palm tree using a mobile device. Information such as the tree’s location, plantation identity, worker identity, date and time harvested, and batch ID can be captured and uploaded into a blockchain application in near real-time. Blockchain can support the registration process for compliant plantations, which can then be used to check the geolocation data of the harvested fruit bunches (1a & 1b).

This not only provides an unprecedented level of transparency, but also contributes to protecting the working conditions and legal employment of field workers, and gives plantations rich data on crop harvesting. Thanks to digital maps with geolocation features, farmers, governments, certification authorities, and producers can maintain digital inventories of the plantations, and implement sustainable land usage planning policy.

Another primary concern that blockchain can address in the supply chain is to minimize the spoilage of oil. Palm oil has a propensity to rapidly oxidize or hydrolyze under sub-optimal storage and transport conditions (2a, 2b, 3 & 4). Both these reactions – activated by high temperature, moisture, or impurities – can increase the contents of Free Fatty Acids (FFAs) in the oil, which could prove to be hazardous for human consumption.

Palm oil mill and refinery within a plantation at remote location

With blockchain and IoT-backed sensors, transportation companies can monitor temperature and humidity during processing, storage, and transport, and integrate the data on a blockchain to record out-of-range instances, thus efficiently identifying poor batches. Blockchain’s smart contracts can then enforce rules that automatically grade products in a way that only those that meet the highest standards enter the market for human consumption.

Similarly, in the palm oil’s multimodal transportation chain, shipping companies could use tamper-proof GPS-enabled seals to lock containers, and mobile devices to record product shipment information in the blockchain application. Once the shipment reaches the destination, only authorized personnel can access the credentials from the blockchain application to open the seal and start the receiving process.

Finally, retailers can (5) present the end product with identifiers such as RFID, NFC chips or QR codes, enabling buyers to view the oil’s journey back to its source. In the age of the environmentally aware and health-conscious consumer (6), this level of transparency will usher in a new era of trust and brand loyalty that is of great value to companies in a competitive age.

Addressing challenges to implementation

Despite blockchain’s many benefits, there are several hurdles to building a truly sustainable supply chain. Some of the prevalent challenges are:

  • Cooperation amongst the industry’s stakeholders (e.g., pickers, farmers, producers, buyers, regulators, etc.)
  • Lack of familiarity with enabling technologies
  • Organizational alignment, synergies and “silo” risks
  • Scalability, integration, and cost
  • Legal and regulatory challenges that are both local and international

Adopting the following four-step approach could potentially address many of the implementation challenges:

  1. Blockchain Strategy & Roadmap: Secure the commitment and participation of a critical mass of stakeholders to build a blockchain strategy and roadmap; coach targeted executives within each organization to align them with the initiative. This helps align various stakeholders towards a common cause and paves the way for regulatory and legal cooperation.
  2. Blockchain Readiness: Run design thinking workshops and ideation engagements to collaborate, innovate and experiment to find the right solution. This helps familiarize the key stakeholders with the enabling technologies, as well as enlist the support of people who are collaborating to build a universal solution.
  3. Blockchain in Action: Bring together the necessary architecture and design teams to build a proof of concept (PoC); scale this up, produce, and implement it, running change management in parallel. This also helps familiarize stakeholders across the value chain with enabling technologies – from those who tag the baskets of raw produce, to manufacturers who use palm oil in their products.
  4. Blockchain is Mainstream: By this time, enough case studies prove the efficacy of blockchain in creating sustainable practices in the palm oil industry, and the value generated from a more efficient and rapid supply chain, reduced wastage, and increasing consumer affinity for sustainable products.

We anticipate that our aspirational timeline to 2030 will shorten as trust and understanding of blockchain technology deepens, and new enabling technologies emerge to make it easier for users to adopt blockchain, even in the most remote locations of palm oil-producing countries.

 

(1) WWF Palm Oil Score Card 2016 – http://awsassets.panda.org/downloads/wwf_palm_oil_scorecard_2016_1.pdf

(2) RSPO – Round of Sustainable Palm Oil – http://www.rspo.org/about

 

 

Update on the Hyperledger Fabric 1.1 Roadmap

By | Blog, Hyperledger Fabric

Guest post: Hyperledger Fabric 1.1 release manager, Chris Ferris

One of the questions I am often asked is “Is there a roadmap for Hyperledger Fabric development?” I usually to point people to the Hyperledger Fabric wiki, because for the most part, we try to be pretty transparent about plans for our next release. Our challenge is to try to make the information a bit more visible and accessible.

Since we launched Hyperledger Fabric 1.0.0, the maintainers have published patch releases on a (roughly) monthly basis (v1.0.1 – v1.0.4). We want to continue to deliver monthly patch releases on the 1.0.0 release branch until we release Fabric 1.1.0 sometime in Q1 2018, at which point we will discontinue patch releases for the 1.0.x release branch and start publishing monthly patch releases for 1.1.x release branch.

Our roadmap plan (generally) is to publish approximately one minor release per quarter once we get v1.1.0 finished. We will be also be exploring the adoption of a long-term support (LTS) strategy possibly starting with the v1.2.0 release. What this would mean is that the maintainers would continue to publish patch releases on a designated LTS release for up to a year (initially) afterwards, even if we publish a major or minor release in the interim.

As for which new features we’re tracking in the roadmap for the 1.1.0 release, those can be found in the wiki, as well. The wiki also links to each feature’s JIRA item which tracks the feature development and would typically include any design documents, etc.

We are also tracking a set of experimental features that can be enabled through a re-compile of the Hyperledger Fabric codebase via the wiki. You can generally expect, that these experimental features would be formally supported in the subsequent release (1.2.0 in this case).

We also track the progress of each feature in our next release in our JIRA dashboard (see gadget in the upper left).

The Hyperledger Fabric Maintainers are always interested in feedback (positive and negative) as well as proposals for new features. Anyone can weigh in through one or more of the various communication channels (chat, email, or posting directly to JIRA) and either offer recommendations, or specific proposals.

Meet the TSC: Baohua Yang, Oracle

By | Blog, Hyperledger Fabric

Back to our blog series that focuses on the motivations and backgrounds of the individuals that make up Hyperledger’s Technical Steering Committee (TSC). The TSC is a group of community-elected developers drawn from a pool of active participants and is a core element of Hyperledger’s Open Governance model. The TSC is responsible for all technical decisions – from which features to add, how to add them and when, among others.

Now let’s introduce the next Hyperledger TSC member, Baohua Yang from Oracle . Let’s see what he had to say about Hyperledger, his role in the TSC and the community!

How are you or your company currently using Hyperledger technologies or how do you plan to?

We are glad to join Hyperledger to help strengthen the underlying infrastructure for blockchain and distributed ledger technologies, especially to enhance the fundamental elements in scalability, security and interoperability. We recently launched Oracle Blockchain Cloud Service, our first blockchain as a platform service, which uses Hyperledger Fabric as its foundation. Leveraging Hyperledger’s technology with our own innovation, we are offering an enterprise-grade blockchain platform that is fully managed by Oracle and provides customers rapid provisioning and simplified operations with built-in monitoring, continuous backup, and point-in-time recovery.

What are the benefits of Hyperledger’s open governance model? 

The open governance model encourages collaboration among leaders and organizations in the industry, and academia to raise prevalent topics. It invites more voices to the community to share opinions, offer idea concepts, and engage to help ensure the proper design and implementation of distributed ledger technology components. Ultimately, this all helps create an active and healthy ecosystem. The more we can invite people into the discussions and development, the greater the chance for wider adoption of this exciting new technology.

What advice would you offer other technologists or developers interested in getting started working on blockchain?

There are a number of fundamental techniques required for working in blockchain, including distributed system architecture, cryptography and control theory. For anyone interested in exploring a career in blockchain, these are key areas I would recommend you emphasize. But, that being said, it is just as important to keep an open mind, and make an effort to have conversations with others. The only way we get better is through experience, discussions and exploration, so don’t be shy to ask question and try new things. I’d encourage anyone exploring blockchain technology to clone the available code and see what happens!

What’s the biggest struggle or challenge you see Hyperledger having to overcome?

As a joint effort from a number of enterprises and community developers, Hyperledger has been widely adopted in various scenarios. It would be beneficial to the larger Hyperledger community if we were able to collect feedback from previous adoptions in a streamlined process. This would allow us to quickly evolve the technology to meet real-world requirements in finance, supply chain, healthcare, and many other industries. In addition, we would love to help individuals and organizations quickly get started with blockchain technology and Hyperledger through additional education activities such as seminars, training sessions, documentations and more. Blockchain is quickly becoming a critical technology for enterprises and the more we can help others embrace this technology, the stronger the network becomes.

What use cases are you most excited about with Hyperledger and/or blockchain?

We are very excited by the promise that Hyperledger and blockchain technologies, in general, can help improve transactions in many industries, including supply chain and the financial services industry. From improving the traceability food and parts in transport, to improving invoice factoring, blockchain can reduce the total cost of complicated process, and increase the transparency and agility with fewer resource. We are excited to help build this foundation, encourage its growth and help other industries realize the benefits of blockchain.

UN-pluggable Consensus With Hyperledger Sawtooth

By | Blog, Hyperledger Sawtooth

We have an exciting technical update to share! Hyperledger Sawtooth now supports un-pluggable consensus. That means you can easily change all blockchain settings by submitting a transaction to the network – including changing the consensus algorithm on the fly. This transition happens, like all state, at the block boundary.

When we designed our 0.8 architecture this year a big part of it was putting all blockchain configuration on the chain itself. That includes the selection of consensus algorithm.

The benefit is you can start a network with a small-scale or lax byzantine consensus algorithm and change as your network grows. And that change does not require you to stop all validators, flush your state, and start over with a new genesis block. There’s no outage at all involved in changing consensus. Coordination among peers to change consensus is implicit with this being a blockchain transaction.

In our 0.8 stable builds you can submit transactions to change between DevMode, PoET, and PoET-SGX. The initial development to add Raft is underway. We anticipate adding full support for Raft after we get Hyperledger Sawtooth 1.0 release completed this year.

For more information, you can review this presentation:

If you’re interested, you can learn more about Hyperledger Sawtooth and see real world examples of how the technology is being used. You can also read the documentation, join the community on RocketChat or pull the code from GitHub to kick the tires today.

 

Developer Showcase Series: Chris Kowalski, Blockchain Tech Labs

By | Blog

Our Developer Showcase blog series serves to highlight the work and motivations of developers, users and researchers collaborating on Hyperledger’s incubated projects. Next up is Chris Kowalski an engineer at Blockchain Tech Labs.

What advice would you offer other technologists or developers interested in getting started working on blockchain? 

My advice to offer other technologist is to start right on. The blockchain space offers a dynamic set of unique opportunities to work in a field that is not that explored from other developers hence you can easily stand out. The parallels with the foundation of the web in the 90s are so many and working on blockchain projects can empower developers, so they leave their footprint. Not to underestimate the demand for skilled engineers from financial perspective however with blockchain coming more and more to surface this is an area that offers endless opportunities. There are many projects out there looking to pay premium salary for the top talent in this area.

Getting into blockchain development will require dedication, continuous improvement and a lot of reading but it’s definitely worth it in the long run.

Give a bit of background on what you’re working on, and let us know what was it that made you want to get into blockchain?

I have been involved with cryptography since my university years. In addition for the last 5 years I have been working on various blockchain projects including ATMCoin, Clinicubes and others. For me as a software engineer, this was an interesting challenge and offered me the chance to meet really amazing, talented people. We are lucky to have some of the smartest developers working on Blockchain/DLT projects and this had motivated me to be a part of this technology.

What project in Hyperledger are you working on? Any new developments to share? Can you sum up your experience with Hyperledger?

We have started with Hyperledger Fabric and had been successfully implementing several Proof of concepts such as a Supply Chain demo, Mortgages product and Clinical Trails Management infrastructure. When Hyperledger Composer came out it was the natural move for us. It made development and testing so much easier. Since we grew in numbers within Blockchain Technology Labs it made it easier and faster for our new team members to adapt to Hyperledger quicker.

What do you think is most important for Hyperledger to focus on in the next year?

I would say building more developer tools and improving on the awesome work done on the Composer framework but also getting some out-of-the-box testing and automation tools.

Where do you hope to see Hyperledger and/or blockchain in 5 years?

Hyperledger would still be the preferred infrastructure for permissioned based blockchain and thus preferred for Enterprise applications. I don’t see that changing anytime soon. The adoption and support from Intel and IBM is key for this success. I expect blockchain type of protocols to be everywhere and replacing centralized infrastructure.

Meet the TSC: Binh Nguyen, State Street

By | Blog, Hyperledger Fabric

Back to our blog series that focuses on the motivations and backgrounds of the individuals that make up Hyperledger’s Technical Steering Committee (TSC). The TSC is a group of community-elected developers drawn from a pool of active participants and is a core element of Hyperledger’s Open Governance model. The TSC is responsible for all technical decisions – from which features to add, how to add them and when, among others.

Now let’s introduce the next Hyperledger TSC member, Binh Nguyen from State Street. Let’s see what he had to say about Hyperledger, his role in the TSC and the community!

Describe your current role, background and why you wanted to be a part of the Hyperledger TSC?

I am currently a development director at State Street. I founded Open Blockchain, an open source project, which became the initial codebase of Hyperledger Fabric. I have been the chief architect of Hyperledger Fabric project since genesis and been working passionately with the community on architecture and implementation of Fabric. With my hands-on experience in blockchain, serving the community as a TSC member would allow me to help:

1) guide our technical projects in the right direction

2) involve in building and growing our community

3) learn from other members for my professional and personal development

4) be visible: after all, it’s not about who you know, it’s about who knows you

Binh Nguyen, State Street

What are the benefits of Hyperledger’s open governance model?

I’ve been working on open source projects and learned to appreciate the model, more so for blockchain due to its potential to transform our economy, governance systems and businesses. No one company or organization should have control of the technology but by an open governance, we can ensure it is driven by the interests of the community and humanity. This is, to me, the number one reason why we do what we do in Hyperledger.

What advice would you offer other technologists or developers interested in getting started working on blockchain?

For those who want to work on shaping blockchain technologies, I would say read up and join Hyperledger; we are always welcome more developers. For those who are looking at building blockchain applications, my advice is to start small with a clear use-case, like bitcoin, a very simple but powerful and elegant application of blockchain. The key is to maximize the network effect between members participating in the blockchain. If you can crystalize that, you have a good blockchain application use-case.

What’s the one thing you hope to accomplish by being a part of Hyperledger’s TSC?

I am grateful for having been elected to TSC. My key objective is to help our community foster leading exemplar of blockchain projects for the good of everyone.

What use cases are you most excited about with Hyperledger and/or blockchain?

I am excited about a lot of blockchain use-cases as this technology can be applied to many different areas, both public and private sectors. From voting records to asset titles management to shipping and logistics. But the set of use cases that I think would have the most immediately impact on everyone of us is finance: from clearing and settlements to capital markets to payments. Financial institutions are facing once-in-a-lifetime disruption, and that’s what I am so excited about blockchain.