Important Note: This hub is NOT for speculating on ICOs, tokens or crypto assets.
Summary
Almost a decade after Ethereum poineered the novel concept of Smart Contracts, there is still a significant knowledge gap between investment finance technology professionals and blockchain/smart contract engineers. An example is the failed project between the Australian Stock Exchange(ASX) and a certain blockchain engineering company, in a bid to “revolutionize” an aging clearing and settlements system. There are many more such failures eroding confidence among industry experts that smart contracts could ever be a viable solution to real world problems.
The Real World Practitioner’s Hub is an attempt at mitigating this by creating a side-space for such industry experts to learn about the complexities of smart contracts based systems and for engineers to learn about the intricacies of real world processes such as kyc, clearing, settlements, price-discovery, basic corporate law and economics.
Why us?
We started building complex smart contracts in 2015, namely Identity.sol, Persona.sol, Company.sol and Resolution.sol, which were vetted by Vitalik, in an attempt to convert real world structures into smart contract logic to make them more efficient. The end result was the first ever smart contract driven primary issuance process that could be initiated, signed, passed and enacted within minutes instead of the norm of days. However, due to the lack of comprehensive knowledge surrounding the more complex aspects of company constitutions and investment finance, the Company.sol contract struggled to scale to address more complex requirements.
Fast forward to nearly a decade later, we have closed the knowledge and experience gap in both smart contracts design patterns and investment finance technology with a new suite of smart contract driven solutions. The most noteworthy examples being an improved Company Smart Contract that contains best practise bylaws that work better than most DAO frameworks and a Central Limit Orderbook(CLOB) DEX Smart Contract that is resistant to layer 1 MEV attacks. This design is so versatile that it is also resists latency arbitrages, a primary type of High Frequency Trading(HFT) strategy.
In all, we hope to share our investment finance knowledge to fellow engineers and to share smart contract implemenation ideas to industry experts.
Draft Program:
Day 1: KYC and Identity
10-12pm(Ethereum Devs) - How to build a self-custody, smart contract driven, KYC and data protection compliant identity solution?
2-4pm(Industry Experts) - How Smart Contract driven Identity solutions could improve compliance?
Day 2: Company Bylaws and Shareholder Protections
10-12pm(Ethereum Devs) - What are Company bylaws and why they are the best practise in governance?
2-4pm(Industry Experts) - How can Smart Contracts achieve proof-of-compliance to constitutions?
Day 3: Centralized Security Custody
10-12pm(Ethereum Devs) - Centralized Security Custody and Clearing/Settlement Processes
2-4pm(Industry Experts) - How Decentralized Security Depository Smart Contracts can solve failures to deliver(FTDs) due to naked short sells and undercollateralization?
Day 4: Self-Listing Company Smart Contract
10-12pm(Ethereum Devs) - How to solve MEV with a discrete time central limit orderbook matching engine design pattern?
2-4pm(Industry Experts) - How could Companies list themselves using their own smart contract driven exchange matching engine?
Team:
I, along with 5 of my engineers from my company, IMMIN, will be there for the entire duration of this hub.
Equipment:
Power sockets, projector, tables and chairs