With funding from Charles Hoskinson and Jeremy Wood’s IOHK, the Blockchain Technology Laboratory (BLT) is working with the University of Edinburgh’s School of Informatics to advance blockchain research and innovation. BLT’s director Aggelos Kiayias and Hoskinson forged the alliance from a shared desire to address the industry’s pain points, such as the proof-of-stake consensus model, using what Kiayias calls “a first principles approach.”
In an interview, Kiayias continued to say that, while the lab’s “focus so far has been on the design of distributed ledgers protocols, their security, scalability, sustainability, performance, interoperability and economics,” it is “in the process of expanding with collaborations in the school of business, economics, math, architecture and political science.”