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Aventus

Ethereum LondonWed, Oct 9, 2019, 12:00 AM

Alan Vey and Annika Monari give us a 5 min presentation about Aventus - a digital assets focused blockchain based protocol. https://aventus.io // About Ethereum London Ethereum London #ethldn is the home of the Ethereum community in London. The community provides 2 meetups every month including this Keynote at the prestigious Imperial College London. https://ethldn.org // About #ethldn Keynote The #ethldn keynote is a lecture style event with speakers from brilliant projects all around the world. Highlight speakers include: - Vitalik Buterin (founder of Ethereum) - Gavin Wood (co-founder of Ethereum & Polkadot) - Stefan George (co-founder of Gnosis) - Makoto Inoue (founder of Kickback dapp and ENS developer) Join our future events: https://www.meetup.com/ethereum/ Tweet us: https://twitter.com/ethldn // #ethldn supporters Thanks go to CryptoCompare (https://www.cryptocompare.com) and Imperial College London (https://www.imperial.ac.uk/cryptocurr...) for their ongoing support of our community. // Filmed and edited by Bull.io https://www.youtube.com/channel/UC3kh386LYXQzQWnBrB90qnA Disclaimers: Ethereum London/ethldn is not related to any organisation, foundation, company, or product. We are 100% volunteer-run and stay committed to promoting a community that's entirely blockchain and technology agnostic. The appearance of projects and presentations at Ethereum London/ethldn does not represent an endorsement from any of our members, volunteers, supporters, or sponsors. Nothing presented constitutes investment advice in any form.

Transcript

[Music] so what problem are we solving so if we look across these industries we'll see that three main things that issuers and managers of these assets trying to one of them is trying to say over what happens to the assets throughout their lifecycle so how the ownership changes over time who sells them where they redeem cetera the second thing is around control so they'd like to have control of asset maybe there are certain attributes of the person you know maybe only certain vendors can sell them and actually maybe there are restrictions on how they can spawn stuff and the third thing is they want to preserve a relationship with the current owner of the asset even if it changes and people went three the way that people try to achieve these things was really with these clothes silo ecosystems so either through vertical integration or these costly legal relationships with different supply chain and seeds it is controlled by us but ultimately looking at delegating proof of state so the way we do it is very much inspired by plasma a bunch of transactions bachelor put them in a medical route and post that on the base if you're in chambers state associated with them not anybody can watch and come along and challenge anybody in line with a patient they may have broken or somehow something about the transactions we use zero knowledge proof stocks and Sigma for some of the so finally to keep it short and sweet and focus on what's important who's using this let's focus on two news cases here on the functional and non functional side so with the north legible sciatica ting as a good use case it's a company in LA fan driving technologies and they do mobile ticket delivery so now if we focus a bit on the problems in ticketing what we have is a bunch of monopolies that have vertically integrated across supply chains and so there's a lot of price discrimination and this constraint equation the second thing is forward in the secondary markets so stopping and is like this so that dragon builds on dependents network is a mobility they can open up [Music] operates and what they do is way that works is you go and spend $100 richer they give you cash back once you reach a certain threshold you can cash out and the temp right operate that has a spread in some tasks of invoicing all these different versions and then cash now users when they hit a certain upon the threshold its vibrating some what we do to try and help them solve some of their problems is tokenized cashback balances so actually now because basically so there's a basically they so yeah if you're interested in skill and proceed on theorem and you fit one of those industries please contact us

Automatic transcript — names and jargon may be misspelled.