New Report Launched – “Blockchain: Cryptoplatform for a Frictionless Economy”
A third report in a series on disruptive technologies has been launched today by Sogeti's Research Institute VINT, and is devoted to the new design principle of the blockchain.
It outlines the potential impact of a new way of organizing trust in the presence of unreliable parties. Although it owes its current fame to the currency, the bitcoin, in particular, the cryptographic capacities of the network can be deployed in a variety of other ways. The blockchain is presented as a special kind of platform, which in its turn is a basis for numerous other platforms − in other words, a platform for platforms.
“Disruption is the New Normal" is the key message from the series of reports of Sogeti's disruptive technologies research project. The project - Design to Disrupt - outlines exponential growth of the new digital opportunities we're facing today. The allegedly inferior propositions of startups and new technologies confuse prominent players, who should in fact be the very first to be open to disruptive innovation. This innovator’s dilemma brings us back to a major question: to disrupt or to be disrupted.
The disruptive potential of blockchain exceeds bitcoin. Menno van Doorn, Director of Sogeti's Research Institute:
"The blockchain is basically a possibility to do frictionless business, as the control is already embedded in the transaction. This may well be the key to lots of new possibilities: a strong chain without weak links offering a solution to numerous actual problems within the digital economy."
Or put it like this. Menno van Doorn
"Imagine that with every transaction that you execute on the internet a notary should look over your shoulder to make sure that nothing is wrong. That would be a very costly affair indeed. But it is an entirely different matter if it could be computerized."
The report outlines the crypto-economy in three steps:
Crypto-economy 1.0
The report outlines the potential impact of this new application in three steps. The first is coined the crypto- economy 1.0. It concerns the currency, the bitcoin, and financial transactions. It also provides a vital explanation of how the protocol operates. Seven pros and cons of the bitcoin are listed, dwell upon questions regarding the supervision of the system and wrap up with the official viewpoints of the financial authorities.
Crypto-economy 2.0
When outlining the crypto-economy 2.0, the report goes more deeply into the other possibilities of the blockchain, (bitcoin without bitcoin). This concerns two kinds of applications in particular: smart contracts and smart products, and how the economy can be made to run more smoothly; or, in other words, how wasting can be stamped out.
Crypto-economy 3.0
The final result is the crypto-economy 3.0. It describes the DACs (Decentralized Autonomous Corporations), also called Robocorps. It is an Internet-of-Things scenario where objects are increasingly getting a free hand to make decisions and stimulate the economy: a potential forerunner of a zero marginal cost society. In such a case blockchain will be part of a collaborative commons, an advanced form of blockchain technology in society.
Download the report here: http://bit.ly/1IKrUUH
About SogetiLabs and VINT
SogetiLabs is a network of over 120 technology leaders from Sogeti worldwide. SogetiLabs covers a wide range of digital technology expertise: from embedded software, cyber security, simulation, and cloud to business information management, mobile apps, analytics, testing, and the Internet of Things. The focus is always on leveraging technologies, systems and applications in actual business situations to maximize results. Together with the Sogeti trend lab VINT, SogetiLabs provides insight, research, and inspiration through articles, presentations, and videos that can be downloaded via the extensive SogetiLabs presence on its website, online portals, and social media.
About Sogeti
Sogeti is a leading provider of technology and software testing, specializing in Application, Infrastructure and Engineering Services. Sogeti offers cutting-edge solutions around Testing, Business Intelligence & Analytics, Mobile, Cloud and Cyber Security, combining world class methodologies and its global delivery model, Rightshore®. Sogeti brings together more than 20,000 professionals in 15 countries and has a strong local presence in over 100 locations in Europe, USA and India. Sogeti is a wholly-owned subsidiary of Cap Gemini S.A., listed on the Paris Stock Exchange.
Learn more on http://www.sogeti.com/
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