ONTOCHAIN Brainstorming panel session

Slides presented at the ONTOCHAIN Summit for Trustworthy Internet by Thanasis Papaioannou, ONTOCHAIN core partner & Principal Investigator at Athens University of Economics and Business

Transcript

1. CLICK TO EDIT MASTER TITLE STYLE Click to add subtitle Location Date ONTOCHAIN BRAINSTORMING SESSION 02/06/2022 Berlin, ONTOCHAIN Summit Moderator: Thanasis Papaioannou Athens University of Economics and Business Greece pathan@aueb.gr
2. CLICK TO EDIT MASTER TITLE STYLE Click to add subtitle Location Date Moderator: Thanasis Papaioannou Participants: Vlado Stankovski, Anthony Simonet-Boulogne, Alberto Ciaramella, Petar Stankovski and the audience 1st ONTOCHAIN Summit, Berlin June 2022 BRAINSTORMING PANEL SESSION
3. | ONTOCHAIN.NGI.EU OBJECTIVES • Identity core essential features for the ONTOCHAIN software ecosystem • Discuss trade-offs that may affect the positioning of ONTOCHAIN in the blockchain landscape 3
4. | ONTOCHAIN.NGI.EU TOPICS TO DISCUSS 4 • Application domains • Infrastructures • Quality of Service • Tokenomics • Ecosystem sustainability
5. | ONTOCHAIN.NGI.EU VERTICAL DOMAINS 5 • Automotive • Smart Cities • Smart Grid • Finance • Health • Insurance • Commerce • Logistics • Data Analytics / Sharing • Gaming • Metaverse / XR / VR • Services Other vertical domains?
6. | ONTOCHAIN.NGI.EU APPLICATIONS FOR ONTOCHAIN 6 Any killer app ideas missing?
7. | ONTOCHAIN.NGI.EU INFRASTRUCTURE: FROM TRILEMMA TO QUADRILEMMA OR MORE? 7 • How about energy efficiency? • What about incentives for decentralization? • How about efficiency? • What about user expectations?
8. | ONTOCHAIN.NGI.EU INFRASTRUCTURE AND ENERGY EFFICIENCY 8 • Different consensus approaches: PoW, PoS, PoA, PBFT, etc. • Multiple sidechains, layering approaches for Ethereum • Blockchain integrators • E.g. Cosmos • Alternative blockchain networks • E.g., Algorand, Polkadot, Solana, etc.
9. | ONTOCHAIN.NGI.EU INFRASTRUCTURE COMPARISON 9 What about stability, security, decentralization, extensibility/openness?
10. | ONTOCHAIN.NGI.EU QUALITY OF SERVICE 10 • Users are familiar with a certain level of QoE. Can we maintain it in the blockchain domain? • Can we check SLA compliance and service delivery? E.g. Fairswap • How about service liability?
11. | ONTOCHAIN.NGI.EU TOKENOMICS 11 • Tokenomics involve incentives • Mechanism design field is related to the design of incentives • However, mostly empirical approaches are followed • Do we need a fundamental theory for tokenomics design? • However, dependence of incentives to the token circulation and volatility is extreme, e.g., # of ETH miners variates with crypto token value • Can we build stable incentives with tokenomics? • Tokenomics as enablers of network expansion, governance, gender equality, fighting poverty, public good creation, value sharing, liability sharing, etc. • Any other ideas on tokenomics uses?
12. | ONTOCHAIN.NGI.EU ECOSYSTEM SUSTAINABILITY 12 Requirements • Network/infrastructure should be able to scale and expand • Software framework should be maintained and extended • Costs need to be covered Solutions • Tokenomics may help, but volatile • Attractive apps are necessary • Governance model for alignment is needed • What else is needed for the sustainability of an ecosystem?
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