Bitcoin Forum

We therefore propose an open system oriented approach - Unified Accounting Information Framework
(UAIF) that is based on an industrial standard CORBA architecture to overcome the aforementioned limitation.
UAIF’s mission is to promote true distributed client -server processing and inter-applications communication in order
to facilitate electronic exchange of standard business documents between third parties. Instead of scrapping the
legacy systems, this framework takes advantage of distributed object technology, on-line detection system (Booch
1991, Clark 1994, CORBA 1995), XML and OMG General Ledger (GL) Facility, which can improve the quality and
accuracy of accounting information for specific industry and can be viewed as an enabling technology for
continuous reviewing and auditing (AICPA, 1995, Booch, 1991).

Distributed Object Technology
 
The next wave of client/server technology must be able to handle multiuse, consumer-to-business, and
business-to-business transactions across multiple servers distributed over global networks. Existing distributed
system such as the Object Management Group’s CORBA, the Open Group’s DCE, Sun Microsoft’s Enterprise
JavaBeans, or Microsoft’s Distributed Component Object Model (DCOM), not only permit applications and data to
reside on different platforms such as UNIX or NT system, but also require them to work together seamlessly and
support various business processes. In all of these environments, server applications are designed to advertise
interfaces to services, or functions, that they offer. Clients locate these services by searching a directory and bind to
the desired services using the information stored in the directory. 

Common Object Request Broker Architecture (CORBA) is one of the well-known distributed middleware
that is proposed by a consortium – Object Management Group (OMG). CORBA promotes interoperability,
extensibility, portability, distributed processing and asynchronous operations all within an environment adhering to
open systems standards and providing improved performances (Lee 1995). If widely adopted, CORBA may have a
profound impact on AIS software marketplace.

I saw a link to this in EQUAL discord. Thanks legendster for sharing this. Do you know what has happened to this network and whether they have actually implemented it? We might find Satoshi somewhere in this  ;D

Actually no. It seemed like the project was never implemented and it just dropped out into the abyss. Its even hard to find any mention of the project anywhere on the internet except old published archives.
Satoshi or no Satoshi this is a cool little project that got very close to what Blockchain is.

In other words, blockchain or distributed ledger tech, isn't 2008 origin as many followers and enthusiasts believe?

Concept is one thing, actual implementation is a whole different ballgame. Besides It's like electricity, people still debate who the father is - the greatest inventor or the one who discovered/coined the term.

In other words, blockchain or distributed ledger tech, isn't 2008 origin as many followers and enthusiasts believe? Concept is one thing, actual implementation is a whole different ballgame. Besides It's like electricity, people still debate who the father is - the greatest inventor or the one who discovered/coined the term.

I must say I am very surprise to see this paper which is strikingly similar to the blockchain technoly that we use today, at the conceptual level. I know Satoshi didn't invent blockchain but he had implemented it in a way which became acceptable to the mass. That's where Satoshi deserves a special standing ovation.

While looking at the paper, I realized that no publishing date is mentioned in the paper and we have only a fraction of the original paper. Further my Google search led me to the below link,

https://clutejournals.com/index.php/JABR/article/view/2229/2206

Again I could not found the actual date of publication because the same fraction is available here as well. However, looking at the references I realized that all references are published prior to 2000. Does anyone have any info on the published date of the paper?

Satoshi never claimed to have invented a whole new technology, he simply put different existing technologies together and they worked perfectly together. The concept and ideas for this was out there, long before Bitcoin was developed, but people never combined different technologies like this to get a currency to work like this.

In 1998, Szabo designed a mechanism for a decentralized digital currency he called "bit gold". <So it was not something new>

Also remember that the Banking system might have proposed a decentralized network, but it would have been controlled by a single authority and not a general consensus mechanism like with Bitcoin.  ;)

Honestly, everyone only cares about Bitcoin and its value and they don't really care about its history or anything at the end of the day.

In other words, blockchain or distributed ledger tech, isn't 2008 origin as many followers and enthusiasts believe? Concept is one thing, actual implementation is a whole different ballgame. Besides It's like electricity, people still debate who the father is - the greatest inventor or the one who discovered/coined the term.

UAIF seemed to be more of an API with an involvement of a decentralized body, completely far from the blockchain. The blockchain employs the use of a decentralized distributed database in the form of blocks, and that, to me sounds like the synthesis of different cryptographic papers and Satoshi openly admitted that in some of his replies and comments. Should computers and tech were widespread during the heydays of Chaum, Szabo and Dai, we may have seen a working cryptocurrency before bitcoin that is utilized heavily even if it's just confined in the interwebs but sadly, that was not the case.

There is a big chance that they are that close or they even in blockchain without noticing it as they have the similarities in their principle.
Discovering something new is what most of us would like to achieve especially if we know that it has the potential to grow.

If they somehow realize it and they continue to further develop it then there is a big possibility that they were the founder of the current blockchain right now.