The Potential of Blockchain Technology, Using the Example ...
The Potential of Blockchain in Higher Education
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Transcript of The Potential of Blockchain in Higher Education
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Blockchains and Higher Education
Prof. John DomingueDirector, Knowledge Media Institute, the Open University, UK
http://kmi.open.ac.uk/
blockchain.open.ac.uk
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BLOCKCHAINS IMPACT
Copyright http://dilbert.com/
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Blockchain
3
WorldEconomicForumSurveyProjectsBlockchain‘TippingPoint’by2023
Santander:Blockchain TechCanSaveBanks$20BillionaYear
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https://www.docusign.com/blog/the-future-of-car-leasing-is-as-easy-as-click-sign-drive/
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Everledgerwww.everledger.io
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http://motherboard.vice.com/read/transactive-grid-ethereum-brooklyn-microgrid
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BLOCKCHAIN OVERVIEW
Copyright http://dilbert.com/
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Ledgers
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Cryptographic Hash Function
https://en.wikipedia.org/wiki/Cryptographic_hash_function
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Blockchain is a Linked List (1/2)
Ablockchaincanbethoughtofasalinkedlistoftransactionsthatisbuiltwithhashpointersinsteadofpointers
Source:Bitcoin andCryptocurrency Technologies- ArvindNarayanan,JosephBonneau, EdwardFelten,AndrewMiller, StevenGoldfeder
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Peer to Peer Network
http://www.terndrup.net/2015/10/27/Building-a-P2P-Peer-Client-with-Node-js/
Addeveryonehasacompletecopyofthedata Who Next?
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Proof of Work• Find x such that f(nonce + x) < t
(cryptographic hash)"Hello,world!0"=>1312af178c253f84028d480a6adc1e25e81caa44c749ec81976192e2ec934c64"Hello,world!1"=>e9afc424b79e4f6ab42d99c81156d3a17228d6e1eef4139be78e948a9332a7d8"Hello,world!2"=>ae37343a357a8297591625e7134cbea22f5928be8ca2a32aa475cf05fd4266b7 ...
"Hello,world!4248"=>6e110d98b388e77e9c6f042ac6b497cec46660deef75a55ebc7cfdf65cc0b965"Hello,world!4249"=>c004190b822f1669cac8dc37e761cb73652e7832fb814565702245cf26ebb9e6"Hello,world!4250"=>0000c3af42fc31103f1fdc0151fa747ff87349a4714df7cc52ea464e12dcd4e9
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Proof of Work
• Hard to outpace the entire rest of the network… a 51% attack could do it, but otherwise it is like buying thousands of lottery tickets –doesn’t help you that much!
Source:MarcEisenstadt ‘WhatisthegeniusbehindBitcoin’
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Proof of Work
As you go back in time, an attacker would have to outpace the network for a longer amount of time to carry out a double spend attack, and replace a block.
Source:MarcEisenstadt ‘WhatisthegeniusbehindBitcoin’
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Blockchain is a Linked List (2/2)
Ablockchain actuallycontainstwodifferenthash structures.Thefirstisahashchainof
blocks thatlinks thedifferentblocks tooneanother.
Thesecond isinternaltoeachblockandisaMerkle Treeof
transactionswithintheblocks.
This allowsforefficientlyverifiableproofs thata
transactionwasincluded inablock.
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BitCoin Mining
http://knkx.org/post/central-wash-home-nations-biggest-bitcoin-mine-more-coming
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https://cointelegraph.com/news/the-inevitable-failure-of-proof-of-stake-blockchains-and-why-a-new-algorithm-is-needed
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Ethereum Virtual Machine
Sources:Ethereum DevelopmentTutorial
TheEthereum VirtualMachinecanbethoughtofasalargedecentralizedcomputercontainingmillionsofobjects,called"accounts",whichhavetheabilitytomaintainaninternaldatabase,executecodeandtalktoeachother.Thereare2typesofAccounts:
Externallyownedaccount(EOA):anaccountcontrolledbyaprivatekeythathastheabilitytosendetherandmessagesfromit.
‘Smart’Contract:anaccountthathasitsowncode,andiscontrolledbycode.
AnyusercantriggeranactionbysendingatransactionfromanEOA,settingEthereum's wheelsinmotion.
Ifthedestinationof thetransactionisanotherEOA,thenthetransactionmaytransfersomeetherbutotherwisedoesnothing
However, ifthedestination isa‘Smart’Contract,thenthecontractinturnactivates,andautomaticallyrunsitscode.
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DApps
Source:Ethereum - StephanTual
AĐapp isadecentralised applicationwhichservessomespecificpurpose toitsusers,butwhichhastheimportantproperty thattheapplicationitselfdoesnotdependonanyspecificpartyexisting.
Ratherthanservingasafront-end forsellingorprovidingaspecificparty'sservices,aĐapp isatoolforpeopleandorganizationsondifferent sidesofaninteractionusetocometogetherwithoutanycentralizedintermediary.
ADapp consistsoftwoparts:afrontend, writteninHTMLorQML,andabackend(thinkofitasthe‘database’foryourfrontend).
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DBrowsers
ItisanenduserinterfaceontotheEthereumblockchain.
ADBrowser ishowuserswillfindandinteractwithDApps
‘Mist’isthenameoftheEthereumDBrowser.
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Distributed Autonomous Organisations
http://fortune.com/2016/05/15/leaderless-blockchain-vc-fund/
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Characteristics of Blockchain DApps
• Shared database• Multiple writers• Absence of trust• Disintermediation• Transaction interaction• Set rules• Validators• Asset backing
http://www.multichain.com/blog/2015/11/avoiding-pointless-blockchain-project/
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BLOCKCHAINS AND HIGHER EDUCATIONAL
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MSc Certificates on Blockchainhttp://digitalcurrency.unic.ac.cy/certificates
25
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For example, after taking an examination to demonstrate his or her academic proficiency level, an individual could direct the testing organization to share the test results with one or more third-party evaluating organizations. With this diversification and the changes it
brings about, different evaluating organizations may come to utilize individuals' test results in different ways, each in accordance with its own evaluation methods.
http://www.sony.net/SonyInfo/News/Press/201602/16-0222E/index.html
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Demosofmoviesavailableat:http://blockchain.open.ac.uk/
Peer Reputation
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ReputationContract
Functions:
Storage:
sendReputation
getPersonBalance()
getReputationAttribute
attribs[address=>Attrib]Attrib {uint balanceOf;
mapping(string=>uint);string[]attribStrings
}
ReputationAttributetoken
Balances
Reputation Smart Contract
Tokenslefttoassign
MyReputation
PeerReputationPage
Kevin’sReputationView
Communication: 14
Collaboration: 06
Organisation: 12
Ethics: 05
ProblemSolving: 10
Engagement: 04
yourEthereum address
passwordtoprivatekey
Signing this transactionwill transfer statedReputationTokens+ETHgaspaymentfromyouraccount.Estimatedgascostis0.02ETH.Maximumgascostis set to0.05ETH
Transfer
ReputationTokensLeft:57
numberoftokenstotransfer
AssignReputation
MyReputation
PeerReputationPage
Michelle’s ReputationView
Communication: 06
Collaboration: 02
Organisation: 10
Ethics: 12
ProblemSolving: 08
Engagement: 16
yourEthereum address
passwordtoprivatekey
Signing this transactionwill transfer statedReputationTokens+ETHgaspaymentfromyouraccount.Estimatedgascostis0.02ETH.Maximumgascostis set to0.05ETH
Transfer
ReputationTokensLeft:68
numberoftokenstotransfer
AssignReputation
SignedTX
ReputationAttributetoken
Balances
Tokenslefttoassign
Michelletransfers4Reputationtokensfor‘Organisation’toKevin
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Michelletransfers4Reputationtokensfor‘Organisation’toKevin
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FUTURE AND SUMMARY
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Higher Education Disaggregation
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UK Higher and Further Education Blockchain
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Summary: Blockchain Benefits (1/2)
• Inbuilt identity management• Data controlled/owned by students rather
than any single institution• Increases transparency• Reduces risk of fraud• Lowering of process costs
– Lowers entry barriers to education market – ‘university of one’
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Summary: Blockchain Benefits (2/2)
• Enables collaboration/interoperability • Facilitates disaggregation • Permits disintermediation
– Badge issuing based on badge collection• Allows construction of educational
‘countries’
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Acknowledgements• KMi@OU Implementation Team
– Michelle Bachler– Kevin Quick– Allan Third– Chris Valentine
• Discussants– Tomas Aste, UCL– Sören Auer, Fraunhofer– Adi Ben-Ari, Applied Blockchain– Carla Casilli, Mozilla Open Badges– Marc Eisenstadt, OU– Matthew English, Fraunhofer– Denis Gillet, EPFL– Hugh Halford-Thompson, Blockchain Tech Ltd– William Knottenbelt, Imperial College– Konstantin Kudryavtsev, Ethcore– Andrew Law, OU– Patrina Law, OU– Giacomo Livan, UCL– Gary McKay, APII– Rebecca Migirov, Consensys– Titi Roman, Sintef– Philipp Schmidt, MIT Media Lab– Mike Sharples, OU– Elena Simperl, University of Southampton– Ashley Taylor, Consensys– Sergej Zerr, University of Southampton
• Graphics– Harriett Cornish, OU
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blockchain.open.ac.uk