Hyperledger Global Forum 2022

This talk presents new directions we see clients of enterprise DLTs are taking, including using token bridges to connect the permissioned sidechains with the Web3 world, Enterprise DAOs (decentralized autonomous organizations), the need for sophisticated MPC based wallets, and increased adoption of the tokens programming model.

Without native Fabric token support, developing an application with fungible and non-fungible tokens involves high complexity and requires specialized expertise to build the complete token life cycle with Hyperledger Fabric chaincodes. Using low-code Blockchain App Builder tool created by Oracle for its blockchain platform, this demo will show how developers, consultants and business users can rapidly create production-ready fungible and non-fungible token chaincodes with built-in security. The low code approach for token chaincodes simplifies development & maintenance and expedites the adoption of tokenization due to low development cost and faster time-to-market for any application release. You will see how this tool uses simple json or yaml templates to specify token anatomy, tailor token behaviors and related properties, add custom properties and methods if needed. We'll then show the auto-generation in TypeScript or Go of core methods required to support behaviors and properties, and additional wrapper functions for full token lifecycle for FTs and NFTs. The generated chaincodes can be deployed locally or to remote blockchain nodes and invoked through REST APIs.

DeFi has seen rapid development. With this rapid development comes reports of spectacular heists, scams and hacks. Rapid development and great returns come with risks. Without risk, there is no reward. The broader financial system has been dealing with this phenomenon for centuries, mostly through the practice of Risk Management.

This talk answers the question "Can such Risk management practices be adopted to DeFi?" Our answer is yes. We propose a framework and suggestions for a solution fusing familiar risk management proposals.

These include ways to deal with the vast amount of data, Value at Risk Methods (including governance risk), trading risk methods integrated and extended to the DeFi world through automated risk monitoring and mitigation. The surfacing of these risks and integration into trading systems on the edge (aka wallets) with a transparent scoring mechanism will result in wider acceptance of DeFi.
Drawing parallels with structures in Finance; the hacks that have happened, ideas for infrastructure, automation of scoring, division between the edge and the core and integration of such techniques into the trading and risk management of Web3:Yield Farms, DEXes, NTFs ...

This session covers the basic idea of YUI and how to use YUI to achieve cross-chain transactions (interoperability) between different blockchains. YUI is a lab to achieve trustless interoperability between multiple heterogenous ledgers using Cosmos' IBC protocol. As YUI supports permissioned blockchains such as Hyperledger Fabric, Hyperledger Besu, Hyperledger Iroha and Corda, enterprise companies such as NTT DATA, JCB and HITACHI have conducted proof-of-concept using YUI. The session will explain how to implement YUI modules to enable interoperability in those use cases above.

Dirk Hermans and Robert van Donge will present the outcomes of the close collaboration between KBC Group and IntellectEU within the context of KBC’s Programmable Money Platform. A platform built using Hyperledger Fabric and supported by IntellectEU’s Catalyst Blockchain Platform, that provides the foundational layer for tokens issuance, transfer, payment and redemption for numerous use cases that benefit greatly from Distributed Ledger Technology. They will be showcasing the high level architecture of this platform and discuss how use cases are - and will be - leveraging the platform. Some of these are reward tokens (KBC Kate Coin), flexible HR tokens (http://www.fleques.be), smart city & energy (http://tres.city), disrupting micro payments and other programmable money payments. The goal of this platform, which is supported by Catalyst Blockchain Platform, is to enable a wide variety of use cases. Expect to learn more about this project in production and how Hyperledger Fabric is transforming the Financial Services Industry!

Rapid growth among a number of racial and ethnic groups means the nation is becoming more diverse more quickly than expected. The data shows that as the country grows, its racial makeup is changing. In an increasing number of places, no individual race constitutes a large majority of the population. Ensuring a sufficient supply of workers with the appropriate skills and credentials and addressing the lack of diversity among high-tech workers have become central public policy concerns. This presentation seeks to shed some light on the imperative of preparing a diverse talent pipeline in the broader FinTech industry. Specifically, the speaker elaborates on the essential role that higher education plays in preparing the diverse workforce that represents diverse demography. The presentation focuses on innovative and successful strategies to engage HBCUs in building capacity and developing talent in all areas of FinTech. The speaker discusses efforts that lead to the creation of the largest network of HBCUs that are engaged in FinTech research and education across the nation.

With heightened reliance on remotely delivered services and transactions, the need for safer and sounder digital identification and verification is required and will become the norm in the future. This especially is true looking forward to mandates for the adoption of zero trust frameworks in which digital credentials will be issued and then used for identification and operational purposes. GLEIF is committed to making concrete and lasting improvements to the process of identity verification by leveraging the Legal Entity Identifier (LEI) in digital tools. GLEIF has made the LEI verifiable by creating the vLEI (verifiable LEI) with digital credentials that deliver decentralized identification and verification for organizations as well as the persons who represent their organizations either in official or functional roles. GLEIF has made much progress on developing the governance, credentials and infrastructure since introducing the vLEI at the 2020 Hyperledger Global Forum and will share an updated at this progress in this session.

Working in the DLT / blockchain space delivering solutions on different platforms, Jim will review the digital currency landscape with a focus on FinTech solutions for CBDC ( Central Bank Digital Currency ) in the US. CBDCs have been researched by many countries and a few have implemented a CBDC. With the US Executive Order in March 2022, the goal is now to understand the value of a US CBDC in the economy, financial markets and trade and recommend how a CBDC should be implemented. We will identify CBDC directions from the Executive Order and the research the Federal Reserve and other organizations delivered. The Digital Dollar Project, a partnership of Accenture and the Digital Dollar Foundation, is leading the discussion and exploration on US CBDC with other organizations including DTCC. We’ll review work on a Fed Coin, the Hamilton project ( OpenCbdc ) reviewing scalable architecture concepts for a CBDC and the Lithium project ( part of the Digital Dollar Project ) which uses CBDC for immediate settlement of security trades between parties that can be regulatory compliant. Attendees will get a deeper understanding of the goals, challenges and potential benefits of US CBDC.