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This week’s reading discussed the current state of blockchain technology and suggested what the technology may look like in the near future. The author provided several suggestions that would increase blockchain’s value to the enterprise. write a discussion and choose whether you would consider interoperability or scalability to be more important to blockchain’s future. Explain your decision and use examples from Chapter files given below. Then think of three questions you’d like to ask other students and add these to the end of your thread. The questions should be taken from material you read or videos you watched from this week’s assigned activities. 

Discussion 350 words + Three questions

Professor Michael Solomon

BLCN 532
Blockchain development

Chapter 12

Chapter 12

• The Future of Blockchain and
the Challenges Ahead

• Blockchain is a rapidly
maturing technology

• Many issues remain
unresolved

• Security is an important
issue

• Migration from centralized
models can be difficult

• The challenge is to mature
beyond Proof of Concept
(PoC)

Summary of key
Hyperledger

Projects

Hyperledger framework – business
blockchain technology

• More than just Fabric

Hyperledger tools

• Empowers blockchain development and
deployment in multiple types of
environments

Hyperledger Composer

• DEPRECATED

• Set of collaboration tools now integrated in
Hyperledger Fabric v1.4

The Road Ahead

• Enterprise blockchain
and crypto asset-
driven ecosystem

Addressing the
divide

• Business service
integration

Interoperability

Scalability and
economic
viability

Staying
Engaged

With
Hyperledger

Understanding business
drivers

Understanding technology
drivers

Key focus areas

• Digital identities

• Digital assets (including currency)

• Cyber-physical integration

• Security

• Governance

Summary

• The Future of Blockchain and
the Challenges Ahead

• Blockchain is a rapidly
maturing technology

• Many issues remain
unresolved

• Security is an important
issue

• Migration from centralized
models can be difficult

• The challenge is to mature
beyond Proof of Concept
(PoC)

BLCN532_Chapter 12

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