Creating an economy in which machines are first class citizens, able to make payments and hold money, has been a dream of blockchain pioneers since the first years of Bitcoin. In this lecture, Mike Hearn, Lead Platform Engineer at R3, examines to what extent this concept translates out of cryptocurrency and how apps mixing IoT and money can be designed to not violate people’s basic expectations of how money works. His dynamic presentation on ledger sockets gives a new take on how to link on-ledger monetary state to the physical world via embedded computers. He expertly examines to what extent this concept translates out of cryptocurrency and how apps mixing IoT and money can be designed to not violate people’s basic expectations of how money works.
Mike Hearn leads Conclave, a project to make secure enclaves easy. He was the lead designer of Corda, a popular enterprise blockchain platform, was one of the earliest Bitcoin users and developers, gave the first ever talk on smart contracts, and was a senior software engineer at Google where he spent over seven years on Maps, Gmail and the accounts system.
R3 is an enterprise blockchain software firm working with a broad ecosystem of more than 300 members and partners across multiple industries from both the private and public sectors to develop on Corda, its open-source blockchain platform, and Corda Enterprise, a commercial version of Corda for enterprise usage.
R3’s global team of over 220 professionals in 14 countries is supported by over 2,000 technology, financial, and legal experts drawn from its global member base.
The Corda platform is already being used in industries from financial services to healthcare, shipping, insurance, and more. It records, manages and executes institutions’ financial agreements in perfect synchrony with their peers, creating a world of frictionless commerce.