Select Page

Cosmos and Polkadot for the Enterprise

Research Overview

Author: Anthony D. Williams
Release Date: July 30, 2021

Abstract:

This project explores one of the most critical implementation challenges of blockchain technologies: interoperability. Enterprise uses are reluctant to tokenize their assets or invest seriously in decentralized finance and digital asset management capabilities without assurances that they will be able to move these assets across blockchain platforms. What if chosen platforms fail? What if better platforms emerge? Some of the best minds in the space are addressing these issues head on with a range of innovative solutions. This project features two of them: Cosmos and Polkadot. It looks at their origins and ethos, architecture and core technology components (including the role of their native tokens ATOM and DOT), consensus and governance, and the applications already using them. Finally, the author reviews what enterprise decision-makers need to know as they weigh their options.

 

Copyright 2021 Blockchain Research Institute – not for distribution

Fullscreen Mode

 

Creative Commons License
This work is licensed under a Creative Commons Attribution- NonCommercial-NoDerivatives 4.0 International License.

Stablecoins Infographic

Related Content

Filecoin and the Future of Decentralized Cloud Storage

Filecoin is a decentralized protocol that anyone can download to rent out spare storage space on their computer. An alternative to traditional cloud storage, the Filecoin blockchain-based storage solution leverages a peer-to-peer architecture, creating massively scalable storage capacity without building massive new infrastructure. Instead of entrusting one company to store and protect valuable digital assets and documents in a single jurisdiction, customers can split up and store their assets on different computers around the world. The low barriers to entry and the economic rewards for miners make for ample supply of storage, keeping fees quite attractive; and the dispersion of files makes them difficult to hack, seize, or take down. This research walks executives through enterprise use cases and the benefits of participating in decentralized storage networks.

Read More

Digital Asset Revolution

In this white paper, “Digital Asset Revolution: The Rise of DeFi and the Reinvention of Financial Services,” Alex Tapscott explores the disruptive effects of decentralized finance (DeFi) applications on the nine functions that Wall Street currently performs. He also examines the creation and use of nine cryptoassets such as non-fungible tokens, stablecoins, DeFi index funds, synthetic securities, and central bank digital currencies. Finally, Alex discusses Web 3 innovations with Layer 1 and Layer 2 solutions to such implementation challenges as scalability, interoperability, and ease of use. If bitcoin was the spark for the financial services revolution, then DeFi and digital assets are the accelerant. This is a must-read for leaders who want to understand how blockchain will transform every aspect of the global economy.

Read More
Subscribe