dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll:hybrid
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dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll:hybrid [2021/08/06 14:02] murphy [2.3.2.5 Hybrid Networks] |
dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll:hybrid [2022/01/15 18:24] (current) nick |
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| ====== 2.3.2.5 Hybrid Networks ====== | ====== 2.3.2.5 Hybrid Networks ====== | ||
| - | [[dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll|return to Network Access Control ]] | + | [[dido:public:ra:1.2_views:3_taxonomic:2_network_access_ctrll:start|return to Network Access Control ]] |
| A **Hybrid [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain]]** is unique in that it is decentralized while also making it possible to restrict the visibility of information on the network with a combination of | A **Hybrid [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain]]** is unique in that it is decentralized while also making it possible to restrict the visibility of information on the network with a combination of | ||
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| [[dido:public:ra:xapend:xapend.a_glossary:p:private_network| private]], | [[dido:public:ra:xapend:xapend.a_glossary:p:private_network| private]], | ||
| [[dido:public:ra:xapend:xapend.a_glossary:p:permissionless| permissionless]] and | [[dido:public:ra:xapend:xapend.a_glossary:p:permissionless| permissionless]] and | ||
| - | [[dido:public:ra:xapend:xapend.a_glossary:p:permissioned| permissioned]] | + | [[dido:public:ra:xapend:xapend.a_glossary:p:permissioned|permissioned |
| - | Networks. Thus, a hybrid [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain|blockchain]] is appealing for regulated markets as it offers the benefits of public blockchain and private blockchain together.(( | + | Networks]]. Thus, a hybrid [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain|blockchain]] is appealing for regulated markets as it offers the benefits of public blockchain and private blockchain together.(( |
| "Hybrid Blockchain: Decentralized Option for Highly Regulated Markets - Few players in highly regulated markets have adopted blockchain technology. However, hybrid blockchain will change this.", Mina Down, 14 November 2018 [[https://blog.goodaudience.com/hybrid-blockchain-decentralize-highly-regulated-markets-900f30a37903 ]])) | "Hybrid Blockchain: Decentralized Option for Highly Regulated Markets - Few players in highly regulated markets have adopted blockchain technology. However, hybrid blockchain will change this.", Mina Down, 14 November 2018 [[https://blog.goodaudience.com/hybrid-blockchain-decentralize-highly-regulated-markets-900f30a37903 ]])) | ||
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| ==== Benefits of Hybrid Networks ==== | ==== Benefits of Hybrid Networks ==== | ||
| * **Private Transactions** \\ | * **Private Transactions** \\ | ||
| - | <wrap>Transaction are private but verifiable using the ledger's immutable data objects (i.e., leverage its public state). In its public state, each transaction gets approved by a massive network and is essentially secure and trustworthy. Hence, there is no need for a central governing body or an exhaustive chain of intermediaries to supervise things. So, any change done to a transaction will undergo a "kindred" approval process, making it next to impossible for a single actor to meddle with the transaction or entries(( | + | <wrap>Transaction are private but verifiable using the [[dido:public:ra:xapend:xapend.a_glossary:l:ledger|ledger's]] immutable data objects (i.e., leverage its public state). In its public state, each transaction gets approved by a massive network and is essentially secure and trustworthy. Hence, there is no need for a central [[dido:public:ra:xapend:xapend.a_glossary:g:gov_body]] or an exhaustive chain of intermediaries to supervise things. So, any change done to a transaction will undergo a "kindred" approval process, making it next to impossible for a single actor to meddle with the transaction or entries(( |
| "If you Thought Blockchain was Amazing, Wait till You Read about Hybrid Blockchain", Atul Khekade, 20 January 2018, | "If you Thought Blockchain was Amazing, Wait till You Read about Hybrid Blockchain", Atul Khekade, 20 January 2018, | ||
| [[https://www.entrepreneur.com/article/307794]]. This article uses the term "agnate approval" rather than "kindred approval"; however, [[https://www.dictionary.com/browse/agnate | agnate]] limits a [[https://www.thesaurus.com/browse/agnate|kindred]] relationship to males only. Thus, we prefer the term "kindred" over "agnate" | [[https://www.entrepreneur.com/article/307794]]. This article uses the term "agnate approval" rather than "kindred approval"; however, [[https://www.dictionary.com/browse/agnate | agnate]] limits a [[https://www.thesaurus.com/browse/agnate|kindred]] relationship to males only. Thus, we prefer the term "kindred" over "agnate" | ||
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| )).</wrap> | )).</wrap> | ||
| - | * **Non-Repudiation** \\ | + | * **[[dido:public:ra:xapend:xapend.a_glossary:n:nonrepudiation|Non-Repudiation]]** \\ |
| <wrap>Anonymity is simply not acceptable to financial institutions and regulated industries with their strict [[dido:public:ra:xapend:xapend.a_glossary:k:kyc]] standards. (( | <wrap>Anonymity is simply not acceptable to financial institutions and regulated industries with their strict [[dido:public:ra:xapend:xapend.a_glossary:k:kyc]] standards. (( | ||
| "If you Thought Blockchain was Amazing, Wait till You Read about Hybrid Blockchain", Atul Khekade, 20 January 2018, | "If you Thought Blockchain was Amazing, Wait till You Read about Hybrid Blockchain", Atul Khekade, 20 January 2018, | ||
dido/public/ra/1.2_views/3_taxonomic/2_network_access_ctrll/hybrid.1628272937.txt.gz · Last modified: 2021/08/06 14:02 by murphy
