Blockchain Transactional Ledgers and Smart Contracts as PI Enablers
The objective of this project deliverable was to investigate an automated dispute resolution mechanism that arises from blockchain-enabled PI SLA contracts and replicate the system should it be possible. The mechanism’s description is accompanied by what needs to be done at the blockchain as well as server level to ensure that enough data are available to the system and that the system operates in an autonomous way without the explicit assistance or input of an external human party.
Supplementary research findings also include an analysis of what has been done in the PI space and transport in general relating to blockchain technology. These findings are meant to distinguish the innovation aspect of the blockchain of ICONET and help paint a clearer picture of what differentiates the ICONET project blockchain initiative from other initiatives in the same field.
This deliverable demonstrates the following:-
(a) The applicability of dispute resolution mechanisms in a fully autonomous way in the context of SLAs
(b) Close integration of the solution in a tangible use case under the Living Lab of Antwerp
(c) The innovative dimension of the blockchain initiative within ICONET.
