Blockchain architecture: Diving deeper at CSC’s TechCom24

By now we’ve all heard about Bitcoin as this magical, decentralized digital currency. You may even have bought and spent some bitcoin, but most of us are not quite sure how or even why it works.

Perhaps more puzzling is that we keep hearing that Bitcoin is just the beginning and that we’ll start seeing exciting new blockchain applications that will revolutionize whole industries.

Is this mostly hype or is there an element of reality to it?

Research, experimentation and unfolding events over the past few years have been pretty convincing that we’re on the cusp of something big. There will be ups and down, but we’ll all benefit from keeping up.

I recently blogged  about participating in the Initial Coin Offering of Inchain, an ambitious blockchain native insurance startup. Since then the Inchain team notified investors that the ICO didn’t raise sufficient funds to launch.

In other news, #TeamCSC had a crash course in blockchain tech during our recent adventure  at the GE Minds + Machines Hackathon.

Despite all the activity and buzz, it’s still quite new to a lot of us. So, to further the conversation I’m doing a talk on Blockchain Architecture and Apps during Techcom24, CSC’s global, virtual technology conference for employees.

I’ll break down the tech into its underlying components and look at how  key characteristics of blockchain architecture materialize into solutions. We’ll also take a pragmatic look at how traditional players may be dis-intermediated by decentralized autonomous blockchain applications that increase efficiencies and reduce costs. And, so we can all hit the ground running, I’ll provide practical advice for  blockchain enthusiasts and aspiring coders to get started learning and contributing to  communities.

I’m really excited about exploring blockchain further with so many of my CSC colleagues around the globe.

TechCom24 is CSC’s first-ever virtual technology conference, bringing together our global employee community for a deep dive into next-gen technologies, success stories, demos and strategies for continuing to lead our clients on their digital transformation journeys. TechCom24 will be held on December 7 and stream for 24 hours, starting in Sydney and “following the sun” as presentations move across the globe to Singapore, Chennai, Wiesbaden, Paris, Copenhagen, London and Washington, DC. We’ll cover topics including IoT, blockchain, robotic process automation, cyber in cloud transformation, devops and microservices, smart manufacturing, Xperience Lab, code bootcamp, data science that works, and next-gen supply chain. Follow the fun, we’ll be tweeting with #Techcom24.

This post first appeared in Faisal’s blog, Musings About Tech.


Faisal Siddiqi — Distinguished Engineer

Faisal is an expert in blockchain technologies, mobile, visual and conversational User Experience (UX) design, Application Programming Interface (API) design and open source technologies.

As architect for CSC Digital Insurance, he directs design, training, and development activities and helps to set technology direction. Faisal also devotes part of his time to research and implementation of emerging technologies.

See Faisal’s bio.

 

RELATED LINKS

Decentralization – The Napster-Metallica connection

Blockchains and birthdays

https://blogs.csc.com/2016/11/14/insuring-blockchain-assets/

Comments

  1. I’m still a little bit skeptic about bitcoin. Since there is a small number of investors, prices can be easily manipulated.

    Like

  2. Interestingly as the total valuation of issued bitcoins increases (around $14B these days), it continues to become less prone to manipulation. However, it’s certainly true that the value is smallish as compared to government issued currencies, so I absolutely anticipate volatility, but a long term upward trend.

    There also seems to be a negative correlation with stability of traditional markets and economies. Recently, the uncertainty of Brexit sent BTC upwards.

    Like

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