Schedule Builder

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Blockchain - Building Trust in a 'Trustless Trust' System

Edward Featherston (Distinguished Technologist, Cloud Technology Partners, an HPE Company)

Date: Thursday, May 23

Time: 3:30pm - 4:20pm

Pass type: All Access, Conference - Get your pass now!

Track/Topic: Emerging Tech

Audience: All

Format: Conference Session

Vault Recording: TBD

Audience Level: All

Gartner expects blockchain to be a $303 billion industry by 2030. However, the growth of any technology is based on trust. If you can’t trust a technology, you won’t purchase it for your organization, or you won’t use it if someone else has purchased it. Given the importance of trust, how can blockchain succeed as a “trustless trust” system? On the surface, it sounds like an oxymoron, but it isn’t.

In this session, you will learn:
• What “trustless trust” means
• How trustless trust applies to blockchain
• The consensus algorithms that can be used to provide trust, including the benefits and challenges of each
• Key use case patterns
• The impact of consensus algorithm trade-offs