Linked Encrypted Transaction Streams (LETS) – Request for Proposal Webinar
Mike Bennett, co-chair, OMG Blockchain Platform Special Interest Group
About this talk
The Object Management Group is soliciting proposals in the form of potential standards for a class of distributed messaging applications that may be deployed in Distributed Ledger Technology (DLT), Blockchain, IPFS, distributed file systems and other Distributed Immutable Data Objects (DIDO) ecosystems. To this end we have released a ‘Request for Proposals’ for Linked Encrypted Transaction Streams (LETS).
A LETS standard would define methods for encrypting and linking transactions into ordered structures, or streams, with controls over who can access that information, in a way that is independent of any underlying Blockchain or DLT protocol. The business motivation for this is to support contextual messaging for improved business workflows and IoT data access control.
The full request and details on how to respond can be found in the Linked Encrypted Transaction Streams (LETS) RFP (https://www.omg.org/cgi-bin/doc.cgi?mars/20-12-22.) The deadline to submit a letter of intent is February 9, 2021 and the initial submission deadline is May 17, 2021. The RFP is open to the public.
At this webinar we will present details about the problem we are aiming to address, the kind of responses we are looking for, guidelines on the use of existing standards in submissions and examples of applications that would reflect the potential new standard.