Distinguished Engineer, Regulated Digital Assets and Currencies, IBM
Dr. Elli Androulaki is a Distinguished Engineer and Research Manager at the IBM Research Lab in Zurich, Switzerland with responsibilities on Global strategy in the Digital Assets and Distributed Ledger Technology (DLT) space.
Elli completed her PhD in the area of applied cryptography aiming to address privacy issues in eCommerce activities. Her research interests naturally led her to investigating Bitcoin security in 2011, where she co-invented and published the first security attack in Bitcoin. Shortly after joining IBM Research, Elli became a lead architect of Hyperledger Fabric focusing on security and privacy properties of the system. In the most recent years, Elli worked on a modular token and identity enablement for enterprise DLTs and respective privacy mechanisms.
During her research years Elli authored a book on ``Bitcoin and Blockchain Security'', multiple impactful papers (> 7500 citations) and patents, has served to the program committees of many prestigious Blockchain conferences, and have been honoured with prestigious IBM awards.
Roundtable Room 2 (Level 2)
Open
Distributed ledger technology (DLT) is frequently highlighted as a game-changer for financial market infrastructure (FMI). Yet, despite numerous pilots, proofs of concept, and even some production deployments, it has (yet) neither replaced nor fundamentally transformed today’s financial markets. Rather, DLT has remained limited to niche applications.
Which key elements are still missing, or are insufficiently mature, to enable DLT to truly reshape FMI? Is the main hurdle the current regulatory framework, or do challenges around standardization, interoperability with legacy systems, scalability, governance, and proven use cases with sufficient value bear the greatest responsibility?