2022-04-07 Task Force Meeting Notes

Off-TSC Meeting time

19 April @ 10am eastern, then every 4 weeks after Danno Ferrinto setup and send invite

Integration with public chains
Large projects looking to join HLF that are not perfect matches should "grow" the philosophy
- i.e. lack of perfect fit is not a reason to reject
Need Limits
- Initially stayed away from cryptocurrency,
  - Intent was to allow space for enterprise, Crypto was growing wildly and didn't need focus,
  - Never prevented projects from supporting live crypto networks
Web3? Get In or stay out?
Is a CBDC a cryptocurrency? What about the software to run the network?
- Distinguish between the software and the live network
Is the dividing line "blockchain for business"?
Interested in permissioned networks
- These cannot be silos
- Will integrate with public networks where "value" exists
Lots of experts in various diverse parts of the ecosystem
- Secure execution environments
- Hardware Cryptography
- Use-case specific special interest groups
- These don't always map to project that are being built.
Whose needs are we trying to meet?
- What does "Business" mean?
- Who are our targeted users?
What is "Integration with the public chain?"
- "Permission chain based DeFi Scenarios"
- Smart contracts for a financial instrument, such as fractional real estate ownership
- exchange tokens from public chain into sidechain tokens, back and forth
- Bridging and sidechains
Standardize protocols we are developing

Is finance the only use case?

List active SIGs

Focus on Frameworks rather than applications
"Multi-party Systems"
- What does this mean?
- What enables people to engage with their business partners?
- Could help write domain or problem statement

Integrating with permissioned chains as sidechains to public chains
Tracing what happens on a blockchain network across the entire network
Tooling around different L1 DLTs
- Expand Monitoring
- Automation
- For all projects, not just a single DLT
- Deployment
Collection of Token Implementations
- Fungible
- Non-Fungible
- Implement IWA Token Taxonomy Framework for our different DLTs
Common Consensus Interface
- Implement modular consensus algorithms
Self organizing namespaces
- Possessing verifiable information allows you to share in the namespace
Use DLT to make decentralized development more self organizing
- Github/Gitlab but on a blockchain
- Data Availability at scale
Decentralized Identity
- Edge agent for DID
- Individual identity wallet
- Decentralized Cryptography, P2P sharing
Enterprise Wallets
- Verifiable Credentials
- Tokens (FT and NFT)
- Any other blockchain data that can be "Owned"
- Multi-Party Compute Wallet
Enterprise Tools Integration
- Kafka/data streams
- Authentication
- Database
- Extract Transform Load Pipelines
Key Management across blockchains
- Common Integration point
- Part of the wallet story?