According to Coindesk's April 17 report, the Enterprise Ethereum Alliance (EEA) and Microsoft joined forces with major blockchain providers to launch a new Token Taxonomy Initiative project to help companies design and create A cryptographic certificate suitable for its specific needs.
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The Ethereum Alliance focuses on creating standards and specifications based on Ethernet technology for business users. It emphasizes that it is only the organizer of the “Criteria Classification Initiative” project, which is broad-ranging and technology-neutral, spanning Ethernet, superbooks, R3's Corda distributed ledger platform and Digital Asset's digital asset modeling language ( DAML).
Participants in this categorization include Accenture, Santander, Blockchain Research Institute, Clearmatics, ConsenSys, Digital Asset, Ernst & Young, IBM, ING, Intel, JP Morgan Chase, trading platform Komgo, Microsoft , R3 and Web3 Labs, etc.
Eon Executive Director Ron Resnick explained that, in essence, it is an open combination framework accessible to both technical and non-technical personnel. It will include workshops and GitHub repositories, and any new discovery and test data can be linked to existing passes on multiple blockchain networks. Resnick said:
We do this for the wider common good of all. Standardization of all passes in all networks may be an important economic opportunity in modern history.
Microsoft Chief Architect Marley Gray is the proponent of the project. He explained the source of inspiration in two ways. First, after receiving many questions from Microsoft's internal department, his team began exploring "tokenize" software licenses (generally, you must register a comprehensive and complex product ID) and import smart contracts. Methods. Second, participating in the Microsoft Azure cloud platform and the enterprise Ethereum alliance, he often contacted various industry alliances and learned that they spend a lot of time to find the best way to mark, such as marking a barrel of oil.
Gray said his team tried to describe the specific attributes of the pass and the user's expectations, "we often use airline tickets for analogy" and the relationship between these requirements and the existing blockchain platform.
Therefore, we have established a hierarchy of characteristics and behaviors: alternative and irreplaceable; transferable and non-transferable; subdividable and non-subdividable; castable and burnable, and so on.
We hope to establish workshops with business people to describe the clearing model that fully serves their business needs. The pass itself consists of reusable components and can therefore be used for another set of certificates that are also defined by the same component but slightly different , without having to redefine all the initial groups, so a framework is created.
Like dragging icons on the screen
In fact, Gray said, corporate users or business alliances can "grab an irreplaceable pass and drag it, then start a series of actions and drag these behaviors" as if they were dragging the icons on the screen.
He said that business people can visually create a certificate with the help of design tools without having to write any code. Then he can tell the developer, "I want a pass like this."
In addition, Gray said his team has been exploring the use of GitHub so that these specific business needs can match storage metadata and "map" to specific blockchain applications.
A single pass can point to a piece of code on a particular platform, that is, a DAML for a particular behavior links me to a corresponding piece of code, the same applies to the Solidity and Chaincode languages.
From the perspective of cross-blockchain support, others in the industry have been deliberately trying to define the pass.
For example, Oli Harris, head of Quorum at JPMorgan's "Enterprise Ethereum", said: "This is a major initiative, bringing together industry leaders from the world's largest companies and start-ups to meet the needs of global businesses. Define 'tokenization'.
At the same time, R3 co-founder Todd McDonald added that the move is a new and innovative approach in which all parties in the industry can work together to define a pass-through taxonomy that applies to enterprise-level blockchain technology.
Gray reiterated the need to keep the network unknowable, summing up:
We prefer people to walk into the workshop, not even thinking about whether it is Ethernet or a superbook, or Corda or DAML. In fact, we tell people that when using the framework, don't take the idea of technical limitations but openly use existing resources.