Christian Saucier
@csaucier
Chief Technology Officer
ripe.io
IT strategy and mgmt consultant with startups & Fortune 500 clients. Unique expertise in Bitcoin, smart assets, and decentralized computing
Derek - Long time no see - Je suis disparu dans une tempête de crypto-startups. SFO-Toronto-Zug and finally back to Durham. I've embodied the hermit recluse over the last few years as I recovered and as I now re-build new businesses and opportunities.
Write me at christian@cryptotech.guru and we can schedule a time to chat and catch-up.
I hope all is well with you and the family!
Cheers!
C.
invitation à notre GT Innovation et Excellence opérationnelle
Bonjour
le GFI est le Groupe des Fédérations industrielles du MEDEF qui rassemble 95% de l'industrie en France. J'en suis le Directeur général et, dans le cadre de l'un de nos Groupes de travail intersectoriel, le GT Innovation & Excellence opérationnelle, nous aimerions échanger sur les applications de la blockchain pour l'Industrie. Seriez vous disposé à venir en faire une présentation lors d enotre prochaine réunion svp ? merci de votre réponse. Cordialement. Vincent Moulin Wright
In the context of peer-to-peer systems, "smart assets" are unique virtual tokens of ownership that can be controlled or exchanged using smart contracts.
The smart asset may be a virtual representation of a physical asset, such as a house or a car; a smart asset could also represent non-physical goods such as a bitcoin, a share in a corporation, or access rights to a song.
What may be done with a smart asset is defined by the smart contract that is attached to it. Some smart contracts can be very simple: transfer of ownership of the smart asset requires a signature from the private key of the current owner. These contracts can also be much more complex, involving keeping money in escrow, interfacing with 3rd party systems, involving multiple users, etc.
Smart assets and their associated smart contracts are recorded on a peer-to-peer system (ex: Bitcoin, NXT, Ethereum, or one of many other blockchains or peer-to-peer system). Smart assets are seen as having a certain degree of autonomy because their existence is guaranteed and secured by a peer-to-peer network. An important feature of P2P networks is that they do not have a single point of failure or control; this ensures that a smart asset cannot be manipulated or exchanged without meeting the specific conditions of the smart contract.
Smart assets are an important innovation because they are unique and scarce. Prior to their invention, digital goods were easily copied and transfered; this cannot be done with a smart asset without satisfying the smart contract conditions.