Theme: Towards a Denationalization of Money
Time: 15:40 – 17:30, Friday, May 17, 2019
The emergence of crypto-currencies using blockchain technology has put on spotlight the question whether private currencies can emerge that can compete with those of central banks. Recently, JP Morgan announced their own coin and Facebook admitted that they examine the possibility to issue a currency. At the same time, central banks experiment with sandboxes of digital coins of their own in an effort to phase out paper money. Issuance of private or central bank coins pose new technology challenges to the blockchain ecosystem beyond the realm of computer engineering spilling into this of game theory, economics, democracy and regulation. The following questions will be answered and discussed by the panelists.
- Can permissionless blockchains support millions of transactions per second to allow settlement of the global economy?
- Is proof-of-stake a fair scheme or one where “money wins it all”?
- Is a permissioned chain a truly decentralized system or one that a government can use to simply impose its rules?
- Can you envision private economies competing with public government-supported economies, and how?
- How do you envision the type of a truly decentralized stable-coin?
- Should the moral character of blockchain cryptography be regulated and/or outlawed? Why or why not?
Andreas Veneras, Professor
University of Toronto, Canada
Bio : Andreas is a Connaught Scholar and Professor of Electrical and Computer Engineering and Computer Science at the University of Toronto. His research interests include the development of CAD tools for the debugging, verification, synthesis and test of smart contracts, digital VLSI circuits and digital systems. He also has interest in theoretical computer science, game theoretical crypto-economics and cryptographic ledger technology. He obtained a PhD degree from the University of Illinois at Urbana-Champaign, Department of Computer Science, an MSc from the University of Southern California, Los Angeles, Department of Computer Science and an undergraduate Diploma from the University of Patras, Department of Computer Engineering and Informatics. He was a visiting faculty at the University of Illinois at Urbana-Champaign in 1998-99. He joined UofT in August 1999. He also held positions at Athens University of Economics and Business and at the University of Tokyo .
Bio : John Milburn is an Internet user/developer/manager since 1979. After graduating as a nuclear engineer from UC Berkeley, he had works at Lawrence Berkeley Laboratory for 10 years. He was recruited by POSTECH, Korea in 1991 worked as a chief engineer building Pohang Accelerator Laboratory. He then joined Dacom in 1997 and developed KIDC (first Internet data center in Korea), BoraNet corporate Internet service, WiFi VoIP service and corporate IP-PBX service (DCS). He was an advisor to a number of companies including CJ Group, AIG, KT. He worked as a venture capital for 10 years investing in many successful startups including Gmarket. Recently, has been helping a number of blockchain projects including EOS Mainnet, SNAX, CAN, DreamChain, Coffee SC, CamFass, EOS Africa.
Bio : Dan is currently the Head of Research at Coinone. Before that, he was a senior Research Analyst at Deutsche Bank covering the telecom, media, and internet sectors. His team was highly ranked in the world’s most competitive research survey, the Institutional Investor All-Asia Research Team Survey, including an Asia top 3 rank in 2016. Dan has a Bachelor of Business Administration from Korea University, and has also completed the Blockchain Strategy Programme executive education at Saïd Business School, University of Oxford. Dan holds professional designations including CAIA (Chartered Alternative Investment Analyst), Certified Research Analyst, and Registered Fund Manager.
Univ. of Illinois Urbana-Champaign, USA
Bio : Grigore Rosu is a professor in the Department of Computer Science at the University of Illinois at Urbana-Champaign (UIUC), where he leads the Formal Systems Laboratory (FSL), and the president and CEO of Runtime Verification, Inc (RV). His research interests encompass both theoretical foundations and system development in the areas of formal methods, software engineering and programming languages. Before joining UIUC in 2002, he was a research scientist at NASA Ames. He obtained his Ph.D. at the University of California at San Diego in 2000. He was offered the CAREER award by the NSF, the Dean’s award for excellence in research by the College of Engineering at UIUC in 2014, and the outstanding junior award by the Computer Science Department at UIUC in 2005. He won the ASE IEEE/ACM most influential paper award in 2016 (for an ASE 2001 paper), the Runtime Verification test of time award (for an RV 2001 paper), the ACM SIGSOFT distinguished paper awards at ASE 2008, ASE 2016, and OOPSLA 2016, and the best software science paper award at ETAPS 2002.
University of Waterloo, Canada
Bio : Raouf Boutaba is a University Chair Professor of Computer Science and Associate Dean Research of the faculty of Mathematics at the University of Waterloo. He also holds an INRIA International Chair in France. He is the founding Editor in Chief of the IEEE Transactions on Network and Service Management (2007-2010), and the current Editor-in-Chief of the IEEE Journal on Selected Areas in Communications. He served as the general or technical program chair for a number of international conferences including IM, NOMS and CNSM. His research interests are in the areas of network and service management. He has published extensively in these areas and received several journal and conference Best Paper Awards such as the IEEE 2008 Fred W. Ellersick Prize Paper Award. He also received other recognitions, including the Premier’s Research Excellence Award, Industry research excellence Awards, fellowships of the Faculty of Mathematics, of the David R. Cheriton School of Computer Science and several outstanding performance awards at the University of Waterloo. He is fellow of the IEEE, a fellow of the Engineering Institute of Canada and a fellow of the Canadian Academy of Engineering..