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Key Points
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Key Points
- Key blockchain alternatives to Hyperledger include: Ethereum, Quorum, Corda
- Hyperledger Fabric has implemented EEA ( Ethereum Enterprise Architecture ) Enterprise stack and can call Ethereum smart contracts now
- Biser Dimitrov's EBC newsletter: https://enterpriseblockchain.substack.com/
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The Ethereum blockchain has deployed a feature known as “account abstraction,” seen as a key enhancement that could make it easier for users to recover crypto if they lose private keys to an online wallet.
This proposal just adds a new layer atop Ethereum’s mainnet layer. The goal is to eventually integrate account abstraction into the main protocol.
The contract can be used on all EVM chains, meaning it can be deployed anywhere that is EMV-compatible.
Account Abstraction is a concept that turns users' wallets into smart contract accounts, in order to make Ethereum wallets more user-friendly and to prevent any loss of crypto keys
How Account Abstraction works
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Jim >> wallet implementation currently needs to be rethought for risk and effective operations governance
The concept of wallets as implemented needs to be rethought in my opinion for a variety of scenarios on security, fraud, accessibility, reliability, recovery, operational health governance beyond basic regulatory compliance that are not always covered in different use cases.
response to:
AI models need to be TRUSTED
Models will need to be TRUSTED (Targeted, Reliable, Understood, Secure, stress-Tested, Ethical and Durable) to ensure their ethical, safe and effective application across the organisation.
AI use in financial systems - BOE speech
First, the enormous step change in the power, size and complexity of models.
Second, the power of the new AI models brings all data dynamically into scope, both in training and in real-time application.
Third, the ability to interact with some of these AI solutions in natural language means everyone can use them. ( << almost )
The new wave of AI solutions is a reason to double down on strengthening data foundations.
Towards a broader AI strategy. ( << beyond financial transactions but for all use cases ( individual, content, etc ) )
Ethereum Concepts
Ethereum Enterprise Architecture
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Web3j.lib - java version of Web3js lib
Bitcoinlib - wallet, with multi signature, multi currency and multiple accounts
https://bitcoinlib.readthedocs.io/en/latest/
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