/biz/ - Business & Finance

k

I also read this. Friday is going to be out of this world.

>>8962978
What the piss is a Shared Factory DAO

Are biztards interested in this? I have information on how ChainLink will be used in 3D Printing Factories that act as DAOs and are fully automated via smart contract logic.

>>8963282
Tell more pls

LARP or not, this is literally a genuine use case for LINK. Give us more “info” anon.

>>8963416
I'm a brainlet can you explain what a Shared Factory DAO is

join us OP...
jt3YayM

As a start I suggest checking out this document and thinking about the possibilities surrounding this use case connected to Link. I am currently still at work at the company that I know of who will use this solution, thus my information about how it will utilise Link.

https://www.cognizant.com/whitepapers/how-blockchain-can-slash-the-manufacturing-trust-tax-codex2279.pdf

>>8963607
interesting
have a bump

>>8963607
Definitely interested, thank you for posting

>>8963607
Are you saying they could potentially use this or that they're actively looking into it?

I am very surprised that not more than a couple of lads are interested in this. I don't know whether giving you the details is worth the risk to me. All of it comes from NDA Cognizant PPPs, I thought biz was all over those.

>>8964357
Just another larp

I'll be home in 45 mins, give me some time and I will give you the details

>>8964357
slow evening

>>8964357
>https://www.cognizant.com/whitepapers/how-blockchain-can-slash-the-manufacturing-trust-tax-codex2279.pdf


I've never heard of them before so thank you. I'll give it a read now

>>8963607
tell me more

>>8964514
Hey OP this is interesting stuff, a bunch of us are here and listening, please tell us more if you can. Thanks man we appreciate it.

>>8964357

This picture is erection stirring. Look how often a smart contract would be used in this process.

>>8964726
this is one of the biggest reasons im very bullish of chainlink. cause this is the type of process that requires quite a lot of connections to smart contracts but the company itself has really no reason whatsoever to go the tokenization route and create a network of smartcontracts for itself. so they just use a blockchain solution, they access the data through oracles and perform the tasks. no need for shitty crypto startups or chink scams promising to deliver production logistics on decentralized networks. the company is great at what it does and uses tools to access the benefits of decentralization and smart contracts.

>>8964357
we get larps/threads like this every day
we're tired. only the singularity can bring back our vigor.

>>8964726
I came to this.

>>8964866

A lot of people following chainlink (on here and reddit) seem to believe it will play a big part in logistics but we haven't heard anything so far from the team on whether they think this would be a good use case. It's interesting, I can also see how valuable it could be.

In the mean time, here is our new business development guys wine website.

http://www.kewines.com/about-us/

>>8963607
I'll give this a read. Bumping for when OP comes back. Thanks for contributing, looking forward to hear more from you. This is not the singularity

Plz just fucking give us ropsten, or some fucking crumbs sergey its killing me. MAINNET WHEN

>>8964726
This is amazing, but closer to science fiction than foreseeable future and I'm from the more deluded end of linkie-spectrum

>>8963607
please explain to a brainlet what does that pdf say

>>8963607
interesting. from 2016. reminds me of the capgemini report. super bullish on smart contracts.
it is almost reaping time chums.

>>8965144
>2016
I didn’t notice that. So many companies have been looking into these solutions for a while. Sergey was knee deep in getting LINK started in 2016. The timeline fits quite well for mainnet to launch relatively soon (within the next month or a few)

>>8965065
It's definitely foreseeable future. Not any EOY, but within a few years. Essentially all of that technology exists or is on the immediate horizon. It's just a matter of rolling it out.

>>8964968
We know about A. P. Moller(Maersk) utilising Hyperledger and therefore should at some point use chainlink. Can’t remember of anything else of the top of my head

>>8965185
I remember at SIBOS 2016 sergey said that what surprised him the most was that these businesses that were interested wanted to implement LINK as an oracle to help them make their biz more efficient in the short term, vs something 5 years out. thats what stood out to me. I dont think well have to wait until late 2019 like most of these boneheads are saying

Hey guys I've just found an interesting one. It's really stalkerish though..... Do you want to hear it?

>>8965326
Look at the guy who is getting married. That is his job title down the bottom left.

Notice who the best man is?

>>8965326
sure

>>8962978
RIPPLE IS BUYING SWIFT BHAHAHAHAHAHAHAHA

>>8965358
he can suck my cock all he wants if hes willing to get us in with Walmart

>>8965188
I agree about the tech being there. I'm open minded and hopeful for utilization, but doubtful anyhow. Do you see an existing factory "conversing" into DAO factory or a company building one from scratch? What could be produced? Electronics? The logic behind a DAO factory would be incredibly complex

>>8965282
yeah he talks about being surprised by their appetite
and they were probably surprised by his lol
https://youtu.be/o6frxYOk4fA?t=13m30s

>>8965432
That's true. Most logical way for it to happen might actually be link holders building small ones after finance, insurance, etc use cases make them rich, or something like that.

>>8965358

>>8965544
Thats a bingo

>>8965544
Walmart Partnership confirmed

>>8965544
our guy cock cheese is a god damn socialite
who else is this smooth fucker rubbing shoulders with??

>>8965540
I like the idea. DAOs in general are a perfect use case for chainlink. Is anyone up to date on what's going on with DAOs? Anything concrete has appeared?

>>8965667
I'm raiding his facebook at the moment.

His other black mate is a Harvard high flyer at Tilting Point games so no use for CL there. :(

>>8965667
Now I'm starting to see how Dan 'the big cheese' Kochis got the job.

Look at this guy who has banter on dan's photos.

>>8965773
Isn't Fannie Mae a big financial thing in the states?

bumping

Let's get this theory rolling

>>8965724
>I'm raiding his facebook at the moment.
haha. god speed you righteous creep

>>8965881
>Isn't Fannie Mae a big financial thing in the states?
big mortgage company afaik

>>8965435
Yup. Bullish as fuck. He shows up at sibos 2017 with a working proof of concept. Wheels are in motion boys

Alright, let me start out with a letdown. I've started this as a larp as I don't actually know if the Shared Factory DAO will be utilizing any sort of oracle and even less whether it will be Chainlink. This will piss some of you off, but I have now decided I'd rather give you everything I know of without getting myself into some sort of house of cards with nobody believing me a single word. Forgive me for this.

I work for a company where there are tons of SC use cases tied to our products and the industry as a whole, so my employer and the respective teams seem to be very interested in driving up efficiency via Blockchain solutions. "We" are currently involved in PoC development(s) using Hyperledger "Sawtooth Lake" but I do not know any details. I will try to get my hands on something in the coming days.

Here's what I know of about the Cognizant SFDAO, in addition to what you can read about in the PDF:

They plan on using "secure hardware by a well known hardware manufacturer that will provide computational anonymity down to the silicon components". I suspect this is Intel SGX for obvious reasons. Additionally, they will be using Intel Gateway IoT devices.
The Models used for 3D Printing will be stored via the IPFS.
The Smart Contracts will run on the Ethereum Blockchain.
To prevent fraud and misuse of IP, they are implementing some sort of IP Protection service via SCs.
Orders will be matched via SCs via a market place for resources, logistics and 3D models that can be customized before printing. Designers of these models will be rewarded via Smart Contracts.

! 3YourMind will manage the matching between all parties involved via their API platform !

End to end decentralization of their solution is very important to them.

Combine all this and it's only a relatively small leap to theorize about a ChainLink partnership (look at the reference section of the PDF).

This is all I have.

>>8966401
Thanks for the info, anon

>>8965435
Sergey is so smart, his comments are so simple and he strives to always be logical and sensible to his listeners. I don't know if link will be THE moonshot we are all expecting, but it's definitely a strong company with a strong leader.

>>8965358
>>8965544
Wait.... isn't he one of the same guys in the CRYPTO CHAINLINK FUND!?!?

>>8966983
No

Murat Armbruster
Director
. Chain Link Capital Management, Llc
Promoter
. Chain Link Crypto Gp, Llc
Director
Andrew Hoppin
Director
Paola Origel
Director
Christopher Sealey
Director
Mark Wagner

Ah, I forgot one last thing. Regarding the Hyperledger PoC, my company has partnered with Salesforce for a joint Blockchain venture.

>>8965881
They handle the majority of all private student loans in thia country, not sure what their extent is in other loan types

>>8967144
The real question is, Mainnet when? The moon can wait all I want is the make monies off my link whether its $20 a month or $200

>>8967144

You just admitted you are a liar. Why would anyone believe you?

At least start a new thread

>>8967089
Yeah, I mis-spoke. I mis remembered a name

>>8967199

Not sure why this qualifies me as a liar. Everything I have said is correct as far as I know. I will try to get some more details tomorrow and see what I can tell you. I was hoping you could believe me, sorry if this isn't relevant to you or whatever.

>>8967310
where do you see links price eoy?

never ever ending link posts,every fucking day i see this fucking coin on biz and i never bought some link.

>>8965358
What is that in the blue suit in the middle????

>>8967199
Who among us has not done a little LINK larping
>>8966401
You did good anon this is an interesting idea
>>8965358
Really stalkerish but definitely interesting. I give this thread 30 minutes before someone fucks it up

>>8966401
Thank you anon. You are smart and well written. You Are the new assblaster to me. Keep posting more.

>>8964357
Thanks for taking the risk anon, you obviously understand our collective inhibitions.

nigger

>>8966401
my linky stays super stinky

>>8966401
Thanks man, still could be larp but doesn’t matter because LINK could logically fit into those scenarios whether you are true or not. We are gonna make it boys

>>8967784

>>8965086
>https://www.cognizant.com/whitepapers/how-blockchain-can-slash-the-manufacturing-trust-tax-codex2279.pdf
>how-blockchain-can-slash-the-manufacturing-trust-tax
>Trust tax
>Implying costs are increased in the manufacturing process because of the necessary trust involved with each relationship at every stage of the manufacturing process
>Chainlink will allow for trustless smart contract execution
>therefore chainlink will reduce the cost of manufacturing stuff for those who adopt it
>it will literally save you money to use a product we all have a financial stake in suceeding
We are going to be rich my frend

>>8966401
>I've started this as a larp
the same strategy as a lot of you house bound faggots employ. you say something that sounds reasonable and wait to see who can connect dots and find out if any of it makes sense. essentially motivating other housebound faggots to research your theories. it's all very jewish and i don''t appreciate it.

>>8967961
It's called stress testing your ideas homie

>>8967997
my post makes you think i don't understand that?

>>8967928
Lol

>>8967928
I love that aspect of LINK. You have these companies who will buy tokens to run nodes and support the network, and they will be able to save a LOT of money with Smart Contract functionality, AND make a ton as their LINK tokens go up in value. Additionally they also get a brand new revenue stream via their LINK nodes being paid. It’s a win win win for anyone who wants to implement this tech

>>8963607
Holy fuck I work for cognizant in finance consulting and I haven't seen this yet, did not think we were doing much with blockchain

>>8968111
... At the loss of general society as jobs are phased out of existence and welfare systems will have to deal with more freeloaders. Not that I'd complain, but still. Nothing comes for free.

>>8968142
>LINK will be responsible for Gertrude and Ron losing their admin office jobs.

Sounds even better to me. But in all seriousness it’s true; LINK will enable true automation.

>>8965696
Nothing yet but as the smart contract space matures nature will fill this void.

At the moment two things are really needed:
Oracle data (Sure, some exists, but not loads. Its all obviously centralised too).
ETH/fiat futures or tokenised fiat

As soon as they're both done, the moon is really the limit in terms of what can be achieved through SC implementation.

>>8967561
reptilian shapeshifter

>>8967961
that fucking pic

>>8968142
Why do you care? Your wealth will be in LINK, crypto, property and gold. You wont be paying much tax if youre smart, and they'll devalue the shit out of the dollar/pound between now and then. Millions of mud people on welfare ballooning the national debt until it all comes tumbling down.

>>8963607
who else ctrl+F "link" here?

>>8966401
I'm a consultant for cognizant and although I only get tidbits of info due to my client not having a solid use case for the tech, I have had one conversation with one of the business and financial services leads, and I can confirm that ethereum smart contracts are what they're investing most of their energy into in that sector. Thanks for the additional info anon, next time he comes back onsite hopefully I can have a better foundation for a conversation about smart contracts

>>8965282
>>8965282
>businesses that were interested wanted to implement LINK as an oracle to help them make their biz more efficient in the short term, vs something 5 years out.
you saying LINK is obsolete then?

>>8963607
>https://www.cognizant.com/whitepapers/how-blockchain-can-slash-the-manufacturing-trust-tax-codex2279.pdf
control f smart contracts and read.

>>8968142
Job creator Sergey will make us NEET's employees again.

>>8968142
Oh no, wage slaves will have to adapt and learn new skills or even better, evolve their minds and find new ways to live life! As opposed to being cooped up behind a desk for 2100 hours and 36000 watts of fluorescent lighting a year. How awful and quite the opposite of true utilitarianism