From BCGS #3-
A new multi-chain made up of multiple multi-chains. This is made possible due to the PoD’s ability to integrate disparate blockchains, and the fact that multi-chains built with Block Collider are their own chains. The focus of this technology is for colliders run by jurisdictions or enterprises.
Block Collider’s multi-chain adds a plethora of new innovation capabilities into the ecosystem. Since Block Collider is a chain of existing chains, it is interesting to think about the capabilities of what was mentioned in BCGS #3.
What would a Super Collider look like?
Let’s take a group of centralized banking chains (such as XRP or the proposed JPM Coin) and include them in a multi-chain: “Financial Collider”. This chain would have all the benefits of each of the children chains, while maintaining faster rates of block confirmation times as well as interoperability between themselves. (It is important to note that the concept here is not to make centralized systems decentralized, but to provide a decentralized means of interaction. By creating this mechanism, all of these systems won’t need to trust each other to work together.)
Now copy and paste the above process to create a “Credit Rating Collider”, “Real Estate Collider”, and “IOT Collider”. Since they are all their own chain, a multi-chain, each of those can be added into a Super Collider, a multi-chain made of up Colliders.
This Super Collider would not only maintain orders of magnitude faster block times than any of the children chains, but it would also invite innovation across industries where there may have been barriers. Imagine being able to take a loan out on a home through traditional banking while remaining anonymous using a secure blockchain based credit rating system. Or imagine being able to use the documented history of power outages or noise levels for a given property as part of the purchase contract.
“Coming together is a beginning. Keeping together is progress. Working together is success.” - Henry Ford
What industries do you see that need a “Collider”? Which would benefit most from working together?