Presentation by Rames Sarwat Director of Strategic Alliances & Partnerships, Telefonica FIWARE Global Summit 27-28 November 2018 Malaga, Spain

1. ¡BIiot!
Blockchain IN
internet of things

2. How can Blockchain
technology enhance
iot networks?
2

3. 1.
But, what the hell is
blockchain?
Let’s start with the basics
3

4. IS IT A NETWORK?
4

5. IS IT A LEDGER?
5

6. 6
IS IT A big Computer?

7. YEAH!!!
It is a public ledger technology based on an open
network operating as a global computer
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8. 8
OMMM!!!
PKI
P2P
Consensus
algorithms
Cryptography
wallets SMART
CONTRACTS
BLOCKS
Addresses

9. EASIER, IN THREE WORDS
Distributed
An open network
composed of
thousands of nodes
with peer to peer
communication
between them
Immutable
Makes use of military-
grade cryptography
and redundancy to
guarantee the
integrity and
immutability of the
information it stores
Autonomous
Stores pieces of
software called smart
contracts that can be
executed in response
to certain events
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1 2 3

10. 2.
what does have to do
with IoT?
Does it solve any of the critical
problems of an IoT network?
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11. I’ve Heard that
blockchain is too slow
IoT networks connect hundreds of thousands
or millions of devices and need to be able to
process their messages in real time
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12. 400 miliseconds
Is the average time needed to
send a message between nodes
in the 45% de the Bitcoin network
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13. The iot bigchalenges
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1. Connect billions of devices
2. Enable peer-to-peer communications between devices
3. Control de vast number of decentralized devices
4. Provide compliance and governance for all
5. Address the security complexities
The impact of Internet of Things
Gartner research

14. 2 seconds
Average time of a message in 95% of the Bitcoin network
11,461,501,637,330,902,918,203,684,832,716,283,019,655,932,542,976
(2160
) addresses
in the Bitcoin network
14

15. Blockchain vs centralized network
Blockchain Centralized network
Connect billions of devices  
Enable peer to peer communications between devices  
Control de vast number of decentralized devices  
Provide compliance and governance  
Address the security complexities  
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16. use cases samples categorized
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PRODUCT IDENTITY
An immutable way to authenticate the
who, what or origin of products & its
components
 Source
 Design integrity
 Assembly
 Registration
 Configuration
 Deployment
 Device ID verification
 Performance
 Faults
 Track & trace
 Decommissioning
 Certification vertification
 Anti-counterfeit
PRODUCT TRANSACTIONS
An immutable and secure way to authenticate
and automate the Exchange and settlement of a
currency-based or tokenized asset.
 Payment
 Microtransactions
 Replenishment
 Negotiations
 Service provisioning
 Energy transmission
 Energy bartering
PRODUCT INTERACTIONS
An immutable way to centralize all interactions,
events and updates associated with a product
 Diagnostics
 Updates & maintenance
 Repairs, patches
 Remote services
 User authentication
 Notifications
 Personalization
 Scheduling
 Data transmission
 Ownership transfer
 Exceptional events
 Fraud detection

17. THANKS!Any questions?
You can find me at rames@11paths.com
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