The Blockchain Technology Laboratory (BTL) at the University of Edinburgh aims at studying all aspects of distributed ledger technology.
A blockchain protocol, initially showcased by the global digital currency Bitcoin, is typified by a publicly accessible and reliable ledger of transactions. Distributed ledger systems can manage relations between stakeholders by encoding them and enforcing them as part of the ledger operation. Fully understanding this technology, in terms of its resilience to attacks, scalability, performance and incentives, remains an important open research and development question that is at the core of BTL’s mission. It is a coordinated effort between academia and industry that aspires to provide advances, both foundational and applied, and ensure that the maximal potential of the technology can be realised in an expedient manner.