Connecting blockchains & flockchains

Flockchain: (noun)

1. a database system associating itself with blockchain technology that is not both immutable and trustless

2. a combination of the words "fake" and  "blockchain"

But let's talk about blockchains first

Permissioned blockchains are the preference of institutions exchanging data, assets and contracts while enhancing operational efficiency and stability

Non-permissioned blockchains are the preference of institutions and consumers exchanging cash ​while bypassing central authorities

Non-permissioned

Permissioned

Bitcoin

Ethereum

Dash

Eris

Fabric

Corda

Let's talk about flockchains

It's completely okay to be a flockchain

Corda is  an experimental flockchain

IBM's Fabric can be a blockchain or flockchain

Corda does not have trustless consensus

Out-of the box, it does not have trustless consensus, but you can add it 

Why connect blockchains together?

To create an ecosystem of validity across borders and institutions

In a sense, to create a truth about who owns what, where and how. All this, with a means of seamlessly transferring that  of truth from one place to the next

That all sounds very zen

but how is it possible?

Enter the scopic sidechain

Fabric

Ethereum

Eris

Address: 0x394...

Scopic Sidechain

Monax Eris Blockchain

R3 Corda Flockchain

The scopic sidechain keeps transactions private even when they occur between permissioned and non-permissioned blockchains/flockchains

The non-permissioned public ledgers simply contain encrypted transactions, with the decryption keys stored on the permissioned ledgers

For client applications to interact with

And transform the nature business as we know it

It's all about this side talking to that one

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