Date
Attendees
- Jim Mason
- Si Chen
- Manivannan Pillai
- @ron ?
- Natalia Garciagonzalez
- SANJAY S B
- sanjay nishank ?
- ravidilse
- @pranav ?
Goals
Survey of use cases in ITAU
Find a sample token
Get feedback on CMSIG presentation for HGF
Discussion items
| Time | Item | Who | Notes |
|---|---|---|---|
| 5 m | Anti-Trust/Code of Conduct/Intros | Vipin Bharathan | |
| 10 m | Use cases | Junji Katto | Junji will present some use cases |
| 20 m | Discuss the TTF to Besu Proposal | Slides | |
| 10 m | Report on HGF slides | Vipin Bharathan | Slides |
| 15 m | Projects | CMSIG-Projects |
Call on
https://zoom.us/my/hyperledger.community.backup
Recordings
Notes
After Anti-Trust and Code of conduct
Junji Katto led us through the TTF concepts and showed us some artifacts (JSON is the token definition, containing basic properties, other attributes, behavior groups etc.)
The idea that artifacts in JSON can be used to generate other resources was presented
He also exposed some use cases that are under discussion:
- eMoney
- Shared eKYC/AML model using tokens
- Built in compliance at the token level
- Hybrid model using MBS as Fungible Token on top of NFT
- Employee Incentives (as different from stock options) as NFT
Manivannan Pillai said that we should not look at derivatives, however start with a simple token and implement- maybe a bond. May need something more complex than ERC 20. Maybe ERC 1165?
Both Junji and Mani mentioned the TTF workshop scheduled for NYC on Feb 14.
Vipin Bharathan suggested CBDC as a sample token, seems to have broad agreement from the community, we will refine the sample that we will work on.
Jim Mason said that MBS is a bad example of a hybrid token, as the risk on the collective asset like a pool is what is traded, not the NFT which is real property itself.
Natalia Garciagonzalez opined that eKYC use case attracts her team. shared KYC has several opponents, risk in sharing assets, but idea comes back because of inefficiencies in paper heavy process.
SSI stands the models on their head, since the share of eKYC is through the medium of the user or the customer enterprise.
Si Chen brought on the discussion of smaller players, sharing analytics and other processes helping smaller enterprises surface their credit risk.
Also talked about provenance (provenance.io) and how it will be relevant to our group, Sanjay brought up the ABS project that they worked on.
We went through general presentation slide deck and asked about gaps and changes- people felt that we have to do a better selling job to get more people involved in our groups. Talk about the concrete job that we are doing in the Token Workshop.
Token modeling project: volunteers
Kelly Cotton - business/tech/writer
Mani Pillai - business/code
Junji Katto - use case
Vipin Bharathan - business/code
Sanjay Kumar Nishank - business
Ravikant Agrawal - business
Peter Somogyvari- more at the coding phase