World Economic Forum released a report, “exhausted” to support the block chain technology (report full text download)


nnnThe World Economic Forum has published a detailed white paper at the annual meeting of the New Champions of Dalian, which means that the chain-building network should be based on three areas: the block-level platform layer, the application layer and the overall ecosystem, Participants in these areas can analyze legal structures and management from a scientific and business perspective. Pointed out that by building a wide range of ecological, to achieve the potential of block chain technology.n
nnTranslation: Annie_Xun
nThe World Economic Forum (WEF) released a detailed white paper, indicating that the chain structure of the chain of stakeholders should go beyond the largest alliance.n
nConcerned about the WeChat public number “block pencil Blockchain”, reply to the keyword “WEF1706”, you can view the full report of this report.n
nThe White Paper “Realizing the Potential of Blockchain” suggests that the new distributed “ecosystem” network should maximize the impact of distributed accounting techniques in three areas: the block chain platform layer, the application layer, and The overall ecosystem layer, as participants in these areas can analyze the legal structure and management from a scientific and commercial perspective.n
nThose who have publicly supported the concept include Jeremy Millar, founder of Enterprise Ethereum Alliance, executive director of Hyperledger Brian Behlendorf, founder of Chamber of Digital Commerce Perianne Boring, Bitfury Group CCO Jamie Smith Then
nAt the conference of the New Champions meeting in Dalian, the White Paper promulgated that the networks created must include innovators, venture capitalists, financial institutions, academics, government agencies and individuals.n
nThe authors Don and Alex Tapscott are concerned about individual skeptics who have opposed large-scale projects, so focus on creating categories to describe how the system will work and mean that the structure of the structure may grow organically.n
nRichard Samans, director of the Center for the Global Agenda, describes the impact of this large-scale coordination on the impact of block chains.n
nn”The extent to which the new technology achieves its potential depends heavily on how stakeholders develop the manager, and there are important management issues that are not yet answered by the technical features, existing and potential applications.”n
nnDon and Alex Tapscott’s nonprofit organization “Blockchain Research Institute” report contains feedback from the recently established Council Council on the Future of Blockchain.n
nThe 46-page report focuses on the concept of the “chain of management” of the chain-chain technology, or that it is the responsibility of different stakeholders to ensure that not only a single project can obtain technical benefits, but also the world “citizens”.n
nJeremy Millar, founder of the APF Alliance, did not consider the proposed multi-stakeholder infrastructure as a contender for the alliance, pointing out that this large-scale collaboration is in line with the spirit of the alliance.n
nn”Management plays an important role in accelerating blockstream technology mainstream applications, and forums as well as Don and Alex’s efforts are the most popular.”n
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nChallenge is expectedn
nThe report first analyzes the early experiences of the Internet and interviews with several well-known block chain innovators.n
nPlatform ecosystems are broken down into the actual technology that makes up the system, as well as Hyperledger and Cosmos technology that are interoperable for different block-chain solutions.n
nIn addition to detailed analysis of platform expansion issues and ongoing incentives for “large-scale collaboration”, the authors also warn that inadequate management can lead to “invisible forces” to exert influence, causing potential security threats, contrary to the interests of the overall network of participants.n
n”Such immature techniques are vulnerable to capacity problems, system failures, the effects of accidental vulnerabilities, and perhaps perhaps the most destructive, so that users who are not proficient in technology are disappointed,” said the authors. “Whatever they do not want to see” Then
nThe parallel application network in the WEF white paper is about how different parties interact with the block chain. On the surface, the application network seems to dictate how these tools interact with the corresponding block-chain platform. But in fact is about how regulators and users interact with the application.n
nThe report lists the distribution of computer-based computing companies based on the ether-based computing company Iconomi, Omni-based distributed Internet applications MaidSafe, based on NXT blockchain service (blockchain-as-a service) venture capital company Ardor, pointed out that unfamiliar technical principles limit Technology development potential.n
nFrom the regulatory point of view, the biggest challenge that co-operation can overcome is to determine who will supervise the ICO, who’s under the “chain of equivalents” can be regulated. From a consumer perspective, the lack of a user-friendly interface in non-coding communities can lead to the creation of a system that can not achieve some of the potential applications of block chains.n
n”Our strictness shows that the basic user interface and experience there are many must do, ordinary people can not get a lot of applications.”n
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nBig picturen
nThe white paper proposes another ecosystem that will interact with the platform ecosystem and application ecology in different ways.n
nThe white paper is based on the recommendations of National Center of Scientific Research, Primavera De Filippi, and co-author of the forthcoming block-chain work at Harvard University Press. Cardono Law School Professor Aaron Wright commented on the need With new management methods to replace the central decision-making software.n
nThe white paper focuses on how to agree on regulatory and scientific research that the stakeholder network should be designed to prevent “strong traditional participants” from exerting an inappropriate impact on the direction of the entrant.n
nTo guide the interaction of three block-based networks, the report authors recommend deploying the “framework” of the seven subgroups and based on Tapscotts’ Global Solutions Network.n
nThey specifically call for the creation of standard networks, institutional networks, support networks, monitoring networks, policy networks, knowledge networks, and delivery networks. Report summary,n
nn”We believe that people around the world, institutions and industries need block-chain technology, we have to do everything we can to provide it. Here are some activities that will promote the technology forward, we hope that these activities will promote active discussion, we can provide positive step”.n

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