APPLICATION OF CRYPTOCURRENCY INNOVATION BEYOND THE FINANCIAL WORLD

THE CASE OF THE ETHEREUM BLOCKCHAIN AS A MEDIUM FOR

ORGANIZATION OF ACADEMIA-BUSINESS COOPERATION

Monetary Research Center, UNWE 12.10.2017

OPEN SOURCE UNI R&D TEAM

• Hristian Daskalov, Ph.D. Candidate at Technical University - Sofia

• Prof. Dr. Eng. Ognyan Andreev, Head of Department of Industrial Management

• IO ERA software consultancy and development company: Jordan Jambazov, Dobromir

Kovachev, Petar Angelov, Momchil Jambazov, Vladimir Tassev

• Academic and corporate partners: Brain Workshop Institute, Investor Media Group, Mandalay

International University, University of Finance, Business and Entrepreneurship /VUZF/

• Advisors: Prof. Sergey Ignatov, Detelina Smilkova, Kuzman Iliev, Vladimir Sirkarov, Dr. Angel

Georgiev, Evelina Prodanova, Kalin Tsekov, Miglen Evlogiev, and others

RESEARCH PROBLEM

The E

cono

my The

Training

Syste

mSki

lls

Dem

and S

kills

Sup

ply

Information

Coordination

Relationships

Match

of skills

to jobs

RESEARCH BACKGROUND

• H1 2015 - OSUni research project initiated at the Faculty of Management within the Technical University of

Sofia, resulting in scientific publications on the subject, published in Bulgaria, Latvia, and the Czech Republic.

• H2 2015 - OSUni proof-of-concept phase initiated, along with corporate partners from Bulgarian industry and

software development sectors, resulting in early versions of system's architecture and design.

• H1 2016 - OSUni announced among top 10 social innovation ideas globally, in competition with 400 technology

concepts and 130+ project proposals as part of the Living Progress Challenge of Hewlett Packard Enterprise.

• H2 2016 - OSUni receives positive reviews and engages in expanding its partnership network under programs

for support of young entrepreneurs, led by the Ministry of Economy and the Open Society Institute, as well as

through the Sofia Business School.

• H1 2017 - OSUni announced as 2017 "YouthSpeak'' forum winner in Latvia, based on a scaled-down prototype,

resulting in a distributed learning program implementation project at a community center in Sao Paulo, Brazil.

• H2 2017 - OSUni development work reaches important milestone, under the project leadership of IO.Era,

software consultancy, specializing in blockchain-based applications, leading the way to an initial currency

offering (ICO).

BLOCKCHAIN DEFINITION

IT IS A SHARED DATABASE.

THIS DATABASE IS CALLED A LEDGER.

LIKE A BANK, THE LEDGERS KEEP TRACK OF CURRENCY.

UNLIKE A CENTRALIZED BANK, EVERYONE HAS A COPY.

TYPES OF BLOCKCHAIN

THERE ARE TWO TYPES BLOCKCHAIN:

● PUBLIC

COMPLETELY OPEN, ANYONE CAN JOIN AND PARTICIPATE

● PRIVATE

REQUIRES AN INVITATION, MUST BE VALIDATED BY NETWORK STARTER

EXAMPLE:

HYPERLEDGER FABRIC IS AN EXAMPLE OF A PERMISSIONED BLOCKCHAIN

FRAMEWORK IMPLEMENTATION HOSTED BY THE LINUX FOUNDATION.

FULL DECENTRALIZATION

EXTREME FAULT TOLERANCE

INDEPENDENT VERIFICATION

THE INTERNET OF EVERYTHING NEEDS A LEDGER OF EVERYTHING

BLOCKCHAIN ADVANTAGES

ETHEREUM DESIGNDESIGNED BY VITALIK BUTERIN

VISION: TO CREATE A PLATFORM ALLOWING SMART CONTRACTS TO BE DEVELOPED

INITIAL RELEASE: 30 JULY 2015

DESIGNED TO BE A SUCCESSOR OF BITCOIN BLOCKCHAIN.

www.os.university

blockchain.open.ac.uk

CALL TO ACTION

Picture: Workshop on smart contracts, based on the principles of OSUni - open learning, direct

interaction and sharing within a broader network. Conducted in Sofia Tech Park, October 2017

ADDITIONAL RESOURCES

• OS.UNIVERSITY

• Blockchain.open.ac.uk

• Featured in leading media outlets: Bloomberg TV, Bulgaria On Air TV, Nova TV, Capital

• Featured in international scientific conferences and journals: Riga Technical University, Brno

University of Technology, Technical University - Sofia, New Bulgarian University – Sofia Business

School, Sofia University

• https://oeb-insights.com/10-ways-blockchain-could-be-used-in-education/

• https://edtechmagazine.com/higher/article/2017/09/experts-see-new-ways-track-learning-

experiences-blockchain

blockchain.open.ac.uk