Evolving from the Smart Contract Blockchain Platform to the Extensible Blockchain Object Model Platform

Sheet Analogy

In an attempt to understand the difference between a Smart Contract Blockchain Platform and an Extensible Blockchain Object Model Platform we have chosen an analogy, which we believe is widely understood at a high level: That is, Sheets and workbooks as an explanatory model.

Bitcoin Blockchain an Example of a Single Sheet

In the first analogy, Single sheets, external input and references between cells on a single sheet only, we have Bitcoin. All transactions happening in the single Sheet are initiated and completed from/to user accounts. A user account is a row in the Sheet. You can only reference different rows within the single sheet.

Individual BitCoin Accounts

Smart Contract Blockchain Platforms (Ethereum) as an Example of a Sheet Workbook

The Second Sheet analogy, Workbooks with multiple sheets, limited such that all external input and internal sheet references, are within each individual Sheet. No references or relations are allowed between or across multiple Sheet in the workbook, represents the Smart Contract Platform: Whereas the smart contract is a separate Sheet within the workbook. Each smart contract Sheet acts somewhat analogous to a standalone Bitcoin Sheet, all contained within one workbook, which is the blockchain. In the Smart Contract model, each individual Sheet may complete only one transaction at a time serially on the underlying blockchain.

Extensible Blockchain Object Model (“XBOM”) Platform

DataGrid Blockchain (DGB) with XBOM™

The DGB is the reference for the third example, Workbooks with multiple sheets, both external input and internal references between cells within and across Sheets in the workbook are fully supported.

Layers of various Objects Asset owned by Account.
Layers of various Objects Asset owned by Account.