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Virtual Event
June 8-10, 2021
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Tuesday, June 8 • 19:25 - 19:40
Utility NFTs on Hyperledger Fabric - Dr. Muhammad Ali Khan, Staque

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Non-fungible tokens (NFTs) have taken the market by storm. However, all notable examples - music, sports, digital art - can be classified as "design tokens" (dNFTs) as they primarily gain value through aesthetic or emotional appeal. We believe there is a whole untapped market for "utility tokens" (uNFTs) that would derive value from functionality and utility certificates. While dNFTs are easily minted on public blockchains with contract-oriented programming support, the complexity of uNFTs requires chaincode execution in a general language, and often, in permissioned settings. This makes Hyperledger Fabric a perfect fit for our use cases which include uNFTs for compiling and trading provably valid data, tokenizing machine learning models with performance certificates, and using the above for lifecycle management of ESG projects attached to green and sustainability bonds. The second application will be demonstrated, and the rest discussed during the talk.

Speakers
avatar for Dr. Muhammad Ali Khan

Dr. Muhammad Ali Khan

Co-Founder & CTO, Staque
Building SaaS and SaaP solutions with AI, IoT, blockchain and tokenization focus. With a masters from the University of Cambridge and a PhD from Calgary, I have held executive and faculty positions across three continents. Currently, I am spearheading the development of robust tokenization... Read More →



Tuesday June 8, 2021 19:25 - 19:40 CEST
Virtual 5
  Demo Theater