This write-up covers the recent emergence of Constellation Network’s Enterprise Advisory Board, and how it is well-positioned to bring distributed ledger technology to major institutions. We also discuss the members that make up the board and how this advisory board complements the greater mission of Constellation Network.
Revisiting Constellation Network
A few months ago, we took the Milk Road Public Wallet and explored a whole new network outside of Ethereum. And after a quick and easy setup, we instantly saw the benefits of exploring new ecosystems.
Our biggest takeaway?Even though Ethereum dominates the most mindshare, there are many instances where it is not the best fit as a network.
The truth is, that Ethereum, while dominant in mindshare, often lacks the speed and low costs required for corporations and governments to adopt distributed ledger technology (DLT).
Well, that’s where Constellation Network comes in.
Building off its existing relationship with the U.S. Department of Defense, Constellation is uniquely positioned to cater to institutions exploring DLT. From lightning-quick and cheap transactions to their focus on interoperability, Constellation’s metagraphs can be fine-tuned to meet specific use cases.
And now with the launch of their Enterprise Advisory Board, Constellation Network is equipped with guidance from some of the brightest minds in business, finance, technology, and government.
Constellation’s Enterprise Advisory Board
Onboarding the world’s biggest businesses and organizations into the crypto space is no small task. That’s why Constellation has formed an advisory board of five members with proven track records across various sectors.
Their goal?Help enterprises adopt blockchain technology and DLT seamlessly and effectively.
These board members represent accomplished individuals from some of the largest enterprises in the world. And when you combine their knowledge in finance, tech, and governments with Constellation’s hypergraph infrastructure, you get the perfect solution for enterprises and governments.
Let’s meet the dream team.
Team Info
Here are the 5 core members that make up Constellation’s Enterprise Advisory Board:
1/ Alan Boehme:
- A technology lover at heart who most recently served as the CTO of H&M Group.
- Has over 25 years of experience in emerging technologies, working with major global corporations such as Coca-Cola and Procter and Gamble.
- Serves on the board of several companies, providing his expertise on network security and software development.
2/ Ken Spedden:
- His work has been partially funded by the US Intelligence Agency and involves briefings to national U.S. security agencies.
- He consistently advises Fortune 500 companies on AI, innovation, and cybersecurity, making him a perfect fit for the initiatives of Constellation Network.
- One of his projects was recognized as a top 100 solution by the White House’s Office of Science and Technology Policy.
3/ Michael Sandoval:
- Former Microsoft executive who founded the Microsoft Partner Solutions Center, which helps major corporations streamline business processes and relationships with their customers.
- Aligns with Constellation Network’s values through his involvement with the U.S. Department of Defense and the World Bank.
- Transitioned to the artificial intelligence sector and currently serves as the CEO & CTO at an AI Research Corporation.
4/ Art Seabolt:
- Technology guru with over 40 years of experience, including several CEO & CIO roles at major companies.
- Spent 14 years growing Omni Air International, a Civil Reserve Air Fleet partner, while serving as the VP of technology and CIO during his tenure.
Currently works as a board member and consultant, assisting enterprises with growth solutions in the IT industry.
5/ Erik Bethel:
- Was nominated by the U.S. President to represent the United States at the World Bank.
- Has an established background in finance, having served major roles at leading banks such as J.P. Morgan, Morgan Stanley, and Franklin Templeton.
- Currently holds a long list of advisory positions in the public and private sectors.
Alignment with Constellation Network
While the advisory board consists of top-tier innovators, they were not selected simply based on merit. In addition to their credibility, each advisor directly aligns with the core values of Constellation Network.
These attributes are further backed by
Decentralization
Constellation Network emphasizes decentralization. The network is powered by over 300 nodes that are located globally. Importantly, Constellation’s foundation and team only manage three of these nodes.
Additionally, by having fully customizable metagraphs, centralized systems can easily integrate decentralized elements into their business operations. Due to the interoperability of Constellation, enterprises, and governments can create and take part in metagraphs while remaining connected to the global network.
Application Layer with Infinite Scalability
While many enterprises want to explore integrating DLT, these entities need customization while relying on fast and cheap network transactions. And few can compete with the limitless scalability that Constellation Network brings to the table.
Constellation Network is a DAG protocol, meaning it has multiple layers of consensus and allows for scalable data driven applications - unlike most blockchain networks.. This differentiator allows for lightning transactions and passes forward this benefit to users in the form of gasless transactions.
Cybersecurity
It’s no secret that crypto has a security problem. The complexity of the crypto sector has attracted a lot of bad actors that have taken advantage of new users and protocols cutting corners. As a result, you can never be too careful, especially if you are an enterprise looking to integrate DLT.
Well, Constellation puts network security at the forefront. In addition to its advisory board of cybersecurity experts, Constellation is powered by the Hypergraph Transfer Protocol (HGTP). The HGTP is a unique that allows developers to build subnetworks, or Metagraphs, while using HGTP for added layers of security.
Conclusion
There’s a lot going on at Constellation Networks. Most recently, they made headlines through their involvement with the National DigiFoundry (NDF) DAO summit. Accompanied by Microsoft and IBM, this initiative is helping cement global standards for institutional blockchain adoption.
And this rapidly evolving initiative is just getting started. Make sure you follow them on Twitter to stay up with the latest developments and track the progress of their emerging advisory board.
Lastly, join them February 1st at 1PM ET for a Twitter Spaces with Erik Bethel, discussing the digitization of money (don’t worry it will be recorded if you miss it).
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