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2 years ago Quick comments on .PPT
- slide with "Problem Description" is scientific terms and with scientific depth.
- You created the first architecture, design, and proof-of-principle of societal infrastructure.
- Change the slides from engineering perspective towards science view: alternative to Big Tech.
- Mention difficult scientific properties of your architecture: permissionless (for instance).
- Slide 7 is industry comparison, not a single scientific reference or footnote "Source: ....Journal of...".
Related work status.IM chat + wallet + Web3 browser. Requires central servers!
Related [work Sylo](https://www.sylo.io/) chat, video calls, crypto wallet and 'metaverse':
[Berty](https://berty.tech/features) is a messenger that doesn’t require any of your personal data or network connection. their PR: "No Face, No Name, No Number, No SIM card, No Internet"
Problem description: architecture and deployment of trustworthy offline value transfer
The financial system is the heart of capitalism. In the online world we now have the Bitcoin open protocol for crypto tokens. No regulated alternative exists with sufficient consumer protection, stability, and state-based value guarantee. Central Bank Digital Currencies are being discussed by the European Central Bank, a digital Euro. You will build upon the Delft University experimental deployment of a digital Euro, turning it into a generic value transfer primitive. Source code
Requirements: The value transfer primitive is required to be a cash replacement :euro: . Value transfers do not require any intermediary. The requirements are to support low-value transactions, offline-first (Internet is optional), and compliance with existing laws. Value transfers may be fully automated in a machine-to-machine economy. A simple scenario is that a Tesla car could use this value transfer to buy or sell battery charge automatically.
This work is ideology driven. This works supports Delft University research towards a reformed financial sector that is more efficient, more effective in serving the wider economy and more resistant to bad behaviour of all kinds, Background reading on bearer instruments and central bank digital currency.
Digital identity is required to open a bank account. Unlimited anonymous money is not compliant with money laundering and anti-terror legislation. The problems with digital identity are unsolved. You will build upon the recent work by Rowdy who deployed a self-sovereign digital identity, eWallet, QR-code scanner, and zero-knowledge proof system. The UK minister of digital infrastructure announced their digital identity and digital trust framework also the Dutch vision on digital identity by our secretary-of-state (in Dutch only). (see also)
This master thesis is part of an incremental effort ongoing for 22 years at Delft University. We are trying to make the Internet more open, free, and fair. We are building open protocols for money, trust, code and data. A generic value transfer primitive is the cornerstone of any online economy. You will be the first to create one that works and scales.