Date
Attendees
Vipin Bharathan dlt.nyc
- Kelly Cooper
- Bobbi Muscara
- mani pillai
- Sean Young
- Jim Mason
- Karen Ottoni
- Michael del Castillo
- Danno Ferrin
Goals
Discussion items
| 10 m | Introduction & Anti-trust & Code of conduct | ||
| 30 m | eThaler | Slides | |
| 15 m | Projects | CMSIG-Projects | |
Recordings
Minutes
Anti-trust policy
Capital Markets - first every use case is payments. Part of the capital markets umbrella. We formed this group 6+ months ago. The rationale is to discuss different aspects of capital markets and see where blockchain - Hyperledger technologies- apply. Started with a taxonomy - structure of instruments of capital markets. Published on the projects page. Second, different projects people are interested in, some current, some not, some active. Examples, regulations, standards, (see projects page).
eThaler token formula - how it becomes important to think about a token as a composable set of behaviors and, subsequently, what those behaviors turn out to be in terms of implementation. Meaning, to have behavior such as transferrable, you have to finally implement with an interface that has a certain signature. Have to be met - interfaces are contracts (basically) between implementation and outside world. Contract says this particular behavior, to be implemented, must have these functions and the function signature has to be 'x'. Freezes the contract with the outside world. Addresses interoperability.
Why is eThaler important today? If read House Bill created a couple of days ago (1,400 page document!). Significant QE for the people. And, why is a central bank - digital currency important? Talk about giving a check to Americans, the way to distribute it is with a digital wallet, and blockchain. This first distribution is QE. The concept of CDBC seems to be in view of House Finance Committee. Significant step. Crises product new ideas and acceptance of new ideas that will live on long after Covid 19.