Carl. KR and the blockchain

Today Carl, the new co-chair and I had a skype call, rather long and
talking about a lot of the corollary that has generated our interest in
this group, Quick notes here (Carl may edit them as well)
 https://www.w3.org/community/aikr/wiki/11_Feb_2020

Half of the call was devoted to talk about the blockchain (and similar
initiatives including cryptocurrency and other alternative currencies and
other things that can be both opportunities and threats depending how they
are implemented). and glad to learn that Carl understands may
concerns/reservations in fact is working on them (mainly concerning the
auditability and trasntworthiness of the BC) and is looking into it
I hope he will brief us about his findings

Governments and top management of large institutions may not have the
expertise to made decisions. so they rely on the expertise of the
consulting firms they hire, such as KPMG
https://advisory.kpmg.us/services/digital-transformation/blockchain.html

Having worked  with leading analysts, I can say that they too,  cannot
answer simple but fundamental questions  about the blockchain, they glide
over key issues and have no commitment nor obligation to tell the truth. so
their role is to add a layer of respectability to what nobody really
understands (how the bc is done in practice)

We agreed in principle to see if AI KR can help to bring clarity to the
blockchain through a series of actions that Carl will lead. and hopefully
make a contribution towards devising an instrument that can help users
evaluate when the blockchain does what it says it does. and when it can be
used to contribute to deceit and systemic fragility that could lead to the
next large scale, domino effect world crisis that could impact not only the
financial world, but politics media and etc.  Because the blockchain is so
pervasive and nobody so far as we can tell has the visibilty of the whole
transaction lifecycles and various risks can be hidden

PDM

Received on Wednesday, 12 February 2020 07:35:32 UTC