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KOC UNIVERSITY

COLLEGE OF ENGINEERING

ENGINEERING SEMINAR

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Speaker: Ali Aydın Selçuk

Title: Blockchain: Expectations and Reality

Date: 27 November 2018, Tuesday

Time: 13:00

Place: ENG 208

Host: Alptekin Küpçü

Abstract:

The blockchain technology has shown that it is possible to maintain a
common ledger consistently and securely among a group of
self-interested users. By this technology, it has become possible to
implement solutions without a trusted authority which were previously
thought to require one. Bitcoin, the most important application of the
technology, demonstrated how to implement a secure payment system in a
distributed manner. Many other applications of blockchain have been
proposed since Bitcoin, and prototypes and products have been
developed. However, although blockchain has been presented as a
disruptive innovation, the killer applications promised are yet to be
seen, and this has raised questions about the technology's real
potential.

 In this seminar, I will talk about the issues that have hindered a
widespread adoption of blockchain technologies. In this context, I
will discuss,

- the gap between user needs and provided features,

- lack of legal regulations,

- existence of more practical alternatives.

Bio:

Prof. Dr. Ali Aydın Selçuk has been a faculty member at TOBB ETÜ,
Department of Computer Engineering since 2013. He received his B.S.
and M.S. degrees in Industrial Engineering from Middle East Technical
University, in 1993, and from Bilkent University, in 1995,
respectively. He received his Ph.D. degree in Computer Science from
University of Maryland, Baltimore County, in 2001. He worked at RSA
Data Security, Novell Networks, and Purdue University, Network Systems
Lab, during and after his Ph.D. He was a faculty member at Bilkent
University between 2002-2013. He received the "Distinguished Teaching
Award" from Bilkent University in 2008. Dr. Selçuk has acted as a
consultant on cryptography and information security for several
government institutions and private corporations in Turkey.

Blockchain: Expectations and Reality Seminar