Blockchain and the Sharing Economy
Lecture & Organization
Grace Guiling Wang
New Jersey Institute of Technology
Date & Time
Zoom ID: 495 350 699
Grace Guiling Wang (PhD, CFA) is currently a professor of the Yingwu College of Computing at New Jersey Institute of Technology, USA. She also holds a joint appointment at the Martin Tuchman School of Management. She joined NJIT in 2006 as an Assistant Professor and was promoted to Associate Professor with tenure in 2011. She was promoted to full professor in 2016. She received her Ph.D. in Computer Science and Engineering and a minor in Statistics from The Pennsylvania State University in 2006. She received her B.S. in Software from Nankai University in China. Her research interests include applied deep learning, blockchain technologies, IoT and mobile computing.
Thanks to the emergence of blockchain and public ledger technology, we are nowadays moving fast toward a brand new world of decentralized and secure organizations. Given the blockchain at hand, a large number of individuals can coordinate, interact and trade directly, thus governing themselves without the help of centralized platforms.
This talk will begin with presenting how individual people can interact through the blockchain to crowdsource human intelligence securely and efficiently. The design is secure and robust, as it not only gets rid of the vulnerable reliance on centralized third-parties, but also mitigates the inherent transparency issues of the blockchain to attain data privacy as well as user anonymity. In addition, the design is efficient and practical, and even financially cheaper than the existing centralized systems such as Amazon’s Mechanical Turk.
Finally, I will briefly introduce our recent breakthrough towards robust and high-performing public ledger. At the core of the result, we solve a long-term open problem, that is how to realize a multi-valued validated asynchronous Byzantine agreement with only linear communication complexity, which has been the major issue slowing down the real-world deployment of asynchronous Byzantine fault-tolerant protocols since 2001.