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FnS - Dynamic Optimisation of Blockchain Systems Through Digital Twins

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If you have a question about this talk, please contact Mirco Giacobbe.

Blockchain technology offers unmatched decentralisation, transparency and the ability to solve the problem of ‘trust’. Besides its applications in finance, lately, fields such as supply chain, e-government and IoT have started to adopt the technology to increase trust and transparency. Although some have managed to include blockchain in their core functionalities, a more general adoption is partially constrained by the so-called trilemma trade-off problem between decentralisation, scalability, and security. Given that Blockchains are complex, dynamic systems, we propose a dynamic approach to their management and reconfiguration at runtime aimed at balancing the trilemma using Digital Twins. This talk aims to introduce the intuition and challenges behind using digital twins for the dynamic management of blockchain systems through the demonstration of a high-level conceptual architecture.

This talk is part of the Facts and Snacks series.

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