UCL CBT and Ripple release Enterprise Digital Assets Report

By May 12, 2022updates

UCL CBT is proud to announce the release of its latest report on Enterprise Blockchains and Enterprise Digital Assets, titled Enterprise Digital Assets.

With the support from Ripple, the UCL CBT Research and Industry Associate Community published their insights on how Blockchain and DLT are enabling the new Internet of Value, a new paradigm characterised by values such as decentralisation, individual’s data sovereignty, and democratic governance. To realise this blockchain-based advancing innovation, tokens or digital assets must be issued on this technology. This has led to a renewed interest in tokens, which people generally think about as mere payment tools (digital currencies like Bitcoin). However, tokens play many other roles.

Hence, the report explains how companies may use blockchain to support business models and applications such as split ownership of items and IP, resale of licensed software, cross-domain usage of software, digital and physical provenance tracing, ethical and sustainable sourcing of products, more efficient usage of time, triple-entry accounting, identity accreditation in privacy-preserving ways, decentralised finance and the metaverse.

The piece, which benefitted from the participation of Ripple, Hedera, Tezos, Corda, Stellar, Ethereum, Hyperledger, IOTA, and NEM/Symbol, features contributions from Paolo Tasca, Nikhil Vadgama, Juan Ignacio Ibañez, Antony Welfare, Christina Frankopan, Sebastian Widemann, Seongbae Lim, Andranik Tumajasan, Jiahua Xu, Keerthi Thomas and Riccardo Piselli.

Visit the report at http://blockchain.cs.ucl.ac.uk/enterprise-digital-assets/