|Event Date:||October 30, 2018|
|Time:||4:30 - 5:30 PM|
|Contact Name:||Erin Gough|
|School or Program:||Industrial Engineering|
Associate Professor of Industrial Engineering, School of Industrial Engineering, Purdue University
“Blockchain: Basics, Myths, and Opportunities”
A blockchain is a distributed database that maintains a dynamic list of records, secured against tampering and revision. The main hypothesis is that the blockchain establishes a system of creating a distributed consensus in the digital online world. This allows participating entities to know for certain that a digital event happened by creating an incorruptible record in a public ledger. It opens the door for developing an open and scalable digital economy from a centralized one. Blockchain has caught most its attention from cryptocurrency. However, the technology is now beyond this specific application. In this talk, we will (1) give a brief introduction of blockchain, how people misunderstand it, and the potential applications of blockchain technology; and (2) talk about our lab’s efforts in studying and designing blockchain systems. There will be time for questions and discussions. This talk was previously given at the President’s Colloquia at Purdue in September 2018.