SlideShare a Scribd company logo
1 of 40
Download to read offline
FINNOVASIA KL - 2016
INTRODUCING NEUROWARE
AND OUR NON-FINANCIAL PROTOCOLS
SLIDE #
FIRST MSC STATUS BLOCKCHAIN COMPANY
3
Mark Smalley - CEO
!
Living in Malaysia for the past 19 Years
!
Building Web Applications for 15 Years
!
Spent 10 Years Building Tech Communities
!
Developing Blockchains Apps for 5 Years
Ruben Tan - CTO
!
Building Web Applications for 10 Years
!
Active Community Evangelist & Presenter
!
Early Developer at MyTeksi and OnApp
!
Studying Distributed Consensus for 5 Years
SLIDE #
EXPERIENCED INNOVATORS IN AN EARLY ECOSYSTEM
4
Only Malaysian Company to Graduate from 500 Startups in Silicon Valley
1st Company in Asia Providing Public Blockchain APIs & Developer Toolkits
Helped Organize World’s 1st Bank-Backed Blockchain Hackathon (DBS)
Over 15 Years of Collective Blockchain Development Experience
SLIDE #
WE’VE SPENT TWO YEARS DEVELOPING OUR BASE PROTOCOLS
5
DISTRIBUTED
STRUCTURED DATA
DECENTRALIZED ID &
AUTHENTICATION
KEY LOGISTICS &
BROADCASTING
CORTEX
NEUROWARE’S AGNOSTIC PROTOCOLS
SLIDE #
CORTEX - BLOCKCHAIN AGNOSTIC OPERATING SYSTEM
6
WHAT ARE BLOCKCHAINS…?
THE DAWN OF THE DISTRIBUTED LEDGER
SLIDE #
BITCOIN
digital asset
8
VS BLOCKCHAINS
distributed ledger
SLIDE #
DOGECOIN
36,000 DOGE
9
VS
=
ETHEREUM
1 ETH = 0.01 BTC
SLIDE #
BREAKING DOWN THE BASIC TERMINOLOGY
10
Distributed Ledger Technology (DLT) is the top-level terminology
Blockchains are one sub-set of distributed ledgers
Public chains are another sub-set of blockchains
Bitcoin is just one of a thousand different public blockchains
There are hundreds of private chains & distributed ledgers without blocks
From distributed DNS to file-storage & git repos - they can do many things



However…
When you are able to transfer a native asset on its ledger - magic happens:
THE TRANSFER AND SETTLEMENT OCCUR AS A SINGLE EVENT
SLIDE #
BLOCKCHAINS - THE FASTEST GROWING TECH OF OUR LIFETIME
11
In 2016 alone, over 100 banks and leading financial institutions started working on 

blockchain projects - with the eco-system receiving over US$1 billion in funding
SLIDE #
BITCOIN AS A PAYMENT METHOD
12
SLIDE #
SOME OF THE INSTITUTIONS LEADING THE WAY
13
multiple blockchains for cross-
boarder payments and loyalty
Exploring KYC and AML
via the blockchains
Patented a blockchain
based wire transfer system
Blockchain based
loyalty platform
Blockchain based
remittance platform
Blockchain based
trade finance platform
Custom blockchain

for settlements
SLIDE #
WHERE DO WE (MALAYSIA) STAND …?
from the coindesk.com most recent quarterly report
14
MOST INCREASED INTEREST IN BITCOIN
SLIDE #
WHERE DO WE (MALAYSIA) STAND …?
also from the coindesk.com most recent quarterly report - but not the MY part
15
SLIDE #
WHY THE FUSS…? WHAT DO PUBLIC BLOCKCHAINS DO…?
16
They provide an immutable tamper-proof audit-trail of the truth
Data can be easily shared and independently verified by third-parties
Vastly increased security that is much less vulnerable to attack or outage
Programmable contracts that can radically reduce human errors and costs
“While FinTech Disrupts Banks,
the Blockchains Disrupt FinTech"
SLIDE #
COMPARED TO WHAT…? TRUTH CAN ONLY BE STORED ONE WAY
17
CENTRALIZATION!
DATABASES
!
!
!
!
!
HILTON / TAXIS
DECENTRALIZATION!
THE CLOUD
!
!
!
!
!
AIR BNB / UBER
DISTRIBUTION!
BLOCKCHAINS
!
!
!
!
!
OPEN BAZZAR / LAZOOZ
TECHNOLOGY
BUSINESS MODELS
TECHNOLOGY
BUSINESS MODELS
1950 2000 2010 2015 2030
SLIDE #
CAN CENTRAL SYSTEMS COMPETE? FINTECH 1ST FOR A REASON
18
Reconciling Multiple Central Ledgers Vs Auto-Audited Distributed Ledgers?
Batch Processing CSVs every 24 Hours Vs Really Real-Time Settlement?
THE OLD WAY THE NEW WAY
SLIDE #
USE-CASES NEUROWARE PARTNERS ARE EXPLORING
19
BANKING
From AML & KYC cost reductions

to reward schemes & reaching the
unbanked or general key-signing
LEGAL
Cryptographically secure document
notarization, copyright protection,
and dispute settlement
GAMING
Share digital assets between an
entire network of games, or use the
blockchains to create immutable
persistent open-worlds
HEALTHCARE
Complete and immutable family
histories of every related diagnosis
and condition available from one key
GOVERNANCE
InIncrease the accountability of public
officials and offer total transparency in
voting and elections
ASSETS
Track possession of your property in
the digital economy by creating,
managing, storing, or sharing 

multiple asset classes
LOYALTY
Creation of programmable processes
and automated auditing trails that
increase transparency and efficiency
LOGISTICS
Tracking of shipping cycles and
provenance systems that
autonomously verify actions
INSURANCE
Integrated insurance and medical
services can be intelligently designed
to quickly and contractually settle
claims with cryptographically
http://BCE.asia
BLOCKCHAIN EMBASSY OF ASIA
SLIDE #
INTRODUCING MALAYSIA’S FIRST BLOCKCHAIN CONSORTIUM
21
SLIDE #
WE HAVE A DIVERSE SELECTION OF FOUNDING MEMBERS
22
SLIDE #
WITH MANY USE CASES BEING DISCUSSED AND DEVELOPED
23
USE CASE 01: ATA-PLUS
EQUITY CROWD FUNDING
SLIDE #
NEUROWARE’S FIRST CORTEX SUBSCRIBER
25
Kyri - Co-Founder & Director!
of Licensed ECF Platform
“For ECF to flourish, there must be
a deep depository of trust and
transparency that is frictionless &
inclusive. Neuroware’s tech enables
us to provide all that and more!”
SLIDE #
PROBLEMS FACED BY ECF OPERATORS AND OUR SOLUTIONS
26
Difficult to truly include as many retail investors as possible due to 50 limit
Difficult to attract international investors due to current market sentiment
Difficult to actually work in real-time due to offline financial trustee services

and daily batch-based CSV transactions with other financial institutions
Having worked with ATA-Plus now for several months, we’ve been able to:
Utilize the blockchains to store public data related to our campaign
Utilize the blockchains to provide an optional digital form of equity
Utilize the blockchains to develop an ECF loyalty reward platform
Become asia’s only licensed ECF operator to accept Bitcoin
USE CASE 02: PRACTICAL BANKING FOUNDATION
CRYPTO TRUSTEE SOLUTIONS
SLIDE #
PROBLEMS FACED BY TRUSTEE SERVICES AND OUR SOLUTIONS
28
Difficult to truly justify small transactions - let alone micro-transactions
Impossible to interface via APIs and in-turn automate certain processes
Reliance upon physical signatures and manual verification processes
Having worked with ATA-Plus and sanctioned banking partners, we have:
Begun working on multi-signature key-custodian signing services
Allowing for optional consumer key generation and recovery services
This allow for some really interesting innovations - such as:
Shared responsibilities - with no one entity having control of anything
Programmable contracts - enabling automations and developer access
SLIDE #
GENERATING MULTI-SIGNATURE ESCROW ADDRESSES
29
Investor Operator Issuer
PublicKey
Wallet
Multi-signature
Master Public Extended Key
Escrow	Address
PublicKey PublicKey
Bitcoin	
Transfer
Investor Investor
Public KeyPublic Key Public Key
Ata Plus
Public KeyPublic Key Public Key
Issuer Issuer
Public KeyPublic Key Public Key
Trustee
Crypto
Services
Partner
BANK
Partner
BANK
Partner
BANK
Partner
BANK
SLIDE #
COMPLETING MULTI-SIGNATURE ESCROW TRANSACTIONS
30
Investor Operator Issuer
Private Key Private Key
Investor
Partner
Bank
Investor
Private KeyPrivate Key Private Key
Ata Plus
Partner
Bank
Partner
Bank
Private KeyPrivate Key Private Key
Issuer
Partner
Bank
Issuer
Private KeyPrivate Key Private Key
Trustee
Crypto
Services
Wallet
1 2
Escrow	Address
Initiate Transfer Request
ApprovesTransferRequest
Bitcoin	
Transfer
Signs
Signs
USE CASE 03: FOR ANYONE AND EVERYONE
LOYALTY REWARDS AS A PLATFORM
SLIDE #
REASONS FOR USING BLOCKCHAINS FOR LOYALTY REWARDS
32
326
327
328
329
330
331
332
333
334
335
Provides the opportunity to radically reduce infrastructure costs by
outsourcing the hosting and APIs to merchants and (or) partners
Empower merchants to create their own digital currencies automatically
pegged and transferred through a global reserve that you control
Introduce multi-signature arbitration at local and (or) global levels
Allow for developers, consumers and merchants to communicate directly
Provide an immutable and verifiable record of every event ever…
SLIDE #
CONSUMER CONVERTS AIR MILES TO AIR TIME IN REAL TIME
33
SLIDE #
CREATING AN ECONOMY FROM LOYALTY POINTS
34
THE ELEPHANT IN THE ROOM
SUPPLY CHAINS & TRADE FINANCE
SLIDE #
TRADITIONAL SUPPLY CHAINS ARE COMPLICATED
36
SLIDE #
COMMON PROBLEMS WITH THE MAJORITY OF SUPPLY CHAINS
37
Multiple entities maintaining multiple copies of the truth within easily
compromised closed silos requiring painfully slow & expensive reconciliation
Time consuming requirements for setting-up third-party financial trustees
and physical escrow accounting processes between each transaction
Lack of automation between checkpoints, processes and sensory inputs
Excessive use and reliance upon physical paper-trails and certification 



ALL OF THESE PROBLEMS EXIST DUE TO A LACK OF TRUST

( if only there was a way they could all use the same source of truth )
SLIDE #
SIMPLIFYING SUPPLY CHAINS WITH BLOCKCHAINS
38
PUBLIC BLOCKCHAINS!
SHARED EVERSTORE DATABASE & SMART CONTRACTS
SELLERBUYER
MYR SGD
ESCROW INSURANCE CERTIFICATIONS
BITCOIN REMITTANCE
SLIDE #
EDUCATION IS THE MOST IMPORTANT COMPONENT
39
“Having finally seen
Cortex in action, I can
safely say these guys
have something truly
special on their hands,
my only disagreement
is that they should be
based in Singapore!”
Anson Zeal - CEO!
Bitcoin Remittance Company
“Neuroware have been
our ‘go to’ guys with
respect to blockchains
and critical in raising
the understanding of
distributed ledgers for
our senior leadership
teams and partners”
“Neuroware have
consistently been our
key consultants with
regards to blockchain
technology. Their
participation provided
us with use cases that
weren’t first obvious”
Amran Hassan!
Head of Innovation
Max Tiong!
Head of FinTech
BUILDING THE FUTURE TOGETHER
!
bit.ly/investinneuroware

More Related Content

What's hot

QWAFAFEW Lecture on Blockchain_Dushyant Shahrawat
QWAFAFEW Lecture on Blockchain_Dushyant ShahrawatQWAFAFEW Lecture on Blockchain_Dushyant Shahrawat
QWAFAFEW Lecture on Blockchain_Dushyant Shahrawat
Dushyant Shahrawat, CFA
 
FirstPartner 2016 Blockchain Ecosystem Market Map
FirstPartner 2016 Blockchain Ecosystem Market MapFirstPartner 2016 Blockchain Ecosystem Market Map
FirstPartner 2016 Blockchain Ecosystem Market Map
Richard Warren
 
Joaquín Moreno - Blockchain Practice Lead de Globant - semanainformatica.com
Joaquín Moreno -  Blockchain Practice Lead de Globant - semanainformatica.comJoaquín Moreno -  Blockchain Practice Lead de Globant - semanainformatica.com
Joaquín Moreno - Blockchain Practice Lead de Globant - semanainformatica.com
COIICV
 
Blockchain As An Enabler_16 July 2016_David Lee_Final
Blockchain As An Enabler_16 July 2016_David Lee_FinalBlockchain As An Enabler_16 July 2016_David Lee_Final
Blockchain As An Enabler_16 July 2016_David Lee_Final
David Lee Kuo Chuen 李国权
 

What's hot (20)

QWAFAFEW Lecture on Blockchain_Dushyant Shahrawat
QWAFAFEW Lecture on Blockchain_Dushyant ShahrawatQWAFAFEW Lecture on Blockchain_Dushyant Shahrawat
QWAFAFEW Lecture on Blockchain_Dushyant Shahrawat
 
BLOCKCHAIN & THE HOLLYWOOD SUPPLY CHAIN
BLOCKCHAIN & THE HOLLYWOOD SUPPLY CHAINBLOCKCHAIN & THE HOLLYWOOD SUPPLY CHAIN
BLOCKCHAIN & THE HOLLYWOOD SUPPLY CHAIN
 
The Distributed Ledger Landscape
The Distributed Ledger LandscapeThe Distributed Ledger Landscape
The Distributed Ledger Landscape
 
Columbia Law School - Decentralized Ledgers Presentation on 4/7/2014
Columbia Law School - Decentralized Ledgers Presentation on 4/7/2014Columbia Law School - Decentralized Ledgers Presentation on 4/7/2014
Columbia Law School - Decentralized Ledgers Presentation on 4/7/2014
 
Blockchain and Financial Services: Everything could be different - APEC
Blockchain and Financial Services:Everything could be different - APECBlockchain and Financial Services:Everything could be different - APEC
Blockchain and Financial Services: Everything could be different - APEC
 
Blockchain Financial Networks
Blockchain Financial NetworksBlockchain Financial Networks
Blockchain Financial Networks
 
Blockchain technology a primer
Blockchain technology   a primerBlockchain technology   a primer
Blockchain technology a primer
 
Bitcoin presentation
Bitcoin presentationBitcoin presentation
Bitcoin presentation
 
Cryptocurrencies, Blockchain & Smart Contracts: The New Wave of Decentralizat...
Cryptocurrencies, Blockchain & Smart Contracts: The New Wave of Decentralizat...Cryptocurrencies, Blockchain & Smart Contracts: The New Wave of Decentralizat...
Cryptocurrencies, Blockchain & Smart Contracts: The New Wave of Decentralizat...
 
FirstPartner 2016 Blockchain Ecosystem Market Map
FirstPartner 2016 Blockchain Ecosystem Market MapFirstPartner 2016 Blockchain Ecosystem Market Map
FirstPartner 2016 Blockchain Ecosystem Market Map
 
Joaquín Moreno - Blockchain Practice Lead de Globant - semanainformatica.com
Joaquín Moreno -  Blockchain Practice Lead de Globant - semanainformatica.comJoaquín Moreno -  Blockchain Practice Lead de Globant - semanainformatica.com
Joaquín Moreno - Blockchain Practice Lead de Globant - semanainformatica.com
 
CBGTBT - Part 1 - Workshop introduction & primer
CBGTBT - Part 1 - Workshop introduction & primerCBGTBT - Part 1 - Workshop introduction & primer
CBGTBT - Part 1 - Workshop introduction & primer
 
Why distributed ledgers
Why distributed ledgersWhy distributed ledgers
Why distributed ledgers
 
ISTA 2017 - Blockchain, beyond Bitcoin
ISTA 2017 - Blockchain, beyond BitcoinISTA 2017 - Blockchain, beyond Bitcoin
ISTA 2017 - Blockchain, beyond Bitcoin
 
FINTECH Circle Blockchain Masterclass with Prof Mainelli @ BNY Mellon
FINTECH Circle Blockchain Masterclass with Prof Mainelli @ BNY MellonFINTECH Circle Blockchain Masterclass with Prof Mainelli @ BNY Mellon
FINTECH Circle Blockchain Masterclass with Prof Mainelli @ BNY Mellon
 
Future Commerce: Reinventing Markets with Blockchain, by David Shrier
Future Commerce: Reinventing Markets with Blockchain, by David ShrierFuture Commerce: Reinventing Markets with Blockchain, by David Shrier
Future Commerce: Reinventing Markets with Blockchain, by David Shrier
 
mi8 - Blockchain, the backbone of Digital Supply-Chains
mi8 - Blockchain, the backbone of Digital Supply-Chainsmi8 - Blockchain, the backbone of Digital Supply-Chains
mi8 - Blockchain, the backbone of Digital Supply-Chains
 
Bitcoin and Blockchain Explained: Cryptocitizen Smartnetwork Trust
Bitcoin and Blockchain Explained: Cryptocitizen Smartnetwork Trust Bitcoin and Blockchain Explained: Cryptocitizen Smartnetwork Trust
Bitcoin and Blockchain Explained: Cryptocitizen Smartnetwork Trust
 
Blockchain As An Enabler_16 July 2016_David Lee_Final
Blockchain As An Enabler_16 July 2016_David Lee_FinalBlockchain As An Enabler_16 July 2016_David Lee_Final
Blockchain As An Enabler_16 July 2016_David Lee_Final
 
Blockchain for Automotive Industry
Blockchain for Automotive IndustryBlockchain for Automotive Industry
Blockchain for Automotive Industry
 

Viewers also liked

Viewers also liked (7)

Logging-In with Bitcoin - Paywalls without Emails
Logging-In with Bitcoin - Paywalls without EmailsLogging-In with Bitcoin - Paywalls without Emails
Logging-In with Bitcoin - Paywalls without Emails
 
IoT Open Source Integration Comparison (Kura, Node-RED, Flogo, Apache Nifi, S...
IoT Open Source Integration Comparison (Kura, Node-RED, Flogo, Apache Nifi, S...IoT Open Source Integration Comparison (Kura, Node-RED, Flogo, Apache Nifi, S...
IoT Open Source Integration Comparison (Kura, Node-RED, Flogo, Apache Nifi, S...
 
CBGTBT - Part 5 - Blockchains 102
CBGTBT - Part 5 - Blockchains 102CBGTBT - Part 5 - Blockchains 102
CBGTBT - Part 5 - Blockchains 102
 
CBGTBT - Part 6 - Transactions 102
CBGTBT - Part 6 - Transactions 102CBGTBT - Part 6 - Transactions 102
CBGTBT - Part 6 - Transactions 102
 
CBGTBT - Part 4 - Mining
CBGTBT - Part 4 - MiningCBGTBT - Part 4 - Mining
CBGTBT - Part 4 - Mining
 
CBGTBT - Part 2 - Blockchains 101
CBGTBT - Part 2 - Blockchains 101CBGTBT - Part 2 - Blockchains 101
CBGTBT - Part 2 - Blockchains 101
 
CBGTBT - Part 3 - Transactions 101
CBGTBT - Part 3 - Transactions 101CBGTBT - Part 3 - Transactions 101
CBGTBT - Part 3 - Transactions 101
 

Similar to Neuroware.io at FINNOVASIA KL - 2016

Embedding the Use of Blockchain in Smart Government to Increase Transparency ...
Embedding the Use of Blockchain in Smart Government to Increase Transparency ...Embedding the Use of Blockchain in Smart Government to Increase Transparency ...
Embedding the Use of Blockchain in Smart Government to Increase Transparency ...
Cris TRAN
 

Similar to Neuroware.io at FINNOVASIA KL - 2016 (20)

What is Blockchain Tech for Tokyo Blockchain Summit Dec 2015
What is Blockchain Tech for Tokyo Blockchain Summit Dec 2015What is Blockchain Tech for Tokyo Blockchain Summit Dec 2015
What is Blockchain Tech for Tokyo Blockchain Summit Dec 2015
 
170720 chainstep meetp_next_bigthing
170720 chainstep meetp_next_bigthing170720 chainstep meetp_next_bigthing
170720 chainstep meetp_next_bigthing
 
Kaleido Overview - Full-Stack B2B Platform for Modern Business Networks
Kaleido Overview - Full-Stack B2B Platform for Modern Business NetworksKaleido Overview - Full-Stack B2B Platform for Modern Business Networks
Kaleido Overview - Full-Stack B2B Platform for Modern Business Networks
 
Embedding the Use of Blockchain in Smart Government to Increase Transparency ...
Embedding the Use of Blockchain in Smart Government to Increase Transparency ...Embedding the Use of Blockchain in Smart Government to Increase Transparency ...
Embedding the Use of Blockchain in Smart Government to Increase Transparency ...
 
VIVA Investment Partners Briefing Number 1 - Digital Securities w/Tal Elyashiv
VIVA Investment Partners Briefing Number 1 - Digital Securities w/Tal ElyashivVIVA Investment Partners Briefing Number 1 - Digital Securities w/Tal Elyashiv
VIVA Investment Partners Briefing Number 1 - Digital Securities w/Tal Elyashiv
 
Ibm system storage solutions handbook
Ibm system storage solutions handbook Ibm system storage solutions handbook
Ibm system storage solutions handbook
 
Understanding Blockchains
Understanding BlockchainsUnderstanding Blockchains
Understanding Blockchains
 
Deploying and Managing a Global Blockchain Network
Deploying and Managing a Global Blockchain NetworkDeploying and Managing a Global Blockchain Network
Deploying and Managing a Global Blockchain Network
 
Abcd is changing the world!
Abcd is changing the world!Abcd is changing the world!
Abcd is changing the world!
 
Concrete case studies on Blockchain - an infographic by BlockSY and EnjoyDigi...
Concrete case studies on Blockchain - an infographic by BlockSY and EnjoyDigi...Concrete case studies on Blockchain - an infographic by BlockSY and EnjoyDigi...
Concrete case studies on Blockchain - an infographic by BlockSY and EnjoyDigi...
 
Blockchain powering the internet of value
Blockchain powering the internet of value  Blockchain powering the internet of value
Blockchain powering the internet of value
 
Demystifying blockchains
Demystifying blockchainsDemystifying blockchains
Demystifying blockchains
 
How Blockchain & Cryptocurrencies Redefining Financial Instruments in Finance
How Blockchain & Cryptocurrencies Redefining Financial Instruments in Finance How Blockchain & Cryptocurrencies Redefining Financial Instruments in Finance
How Blockchain & Cryptocurrencies Redefining Financial Instruments in Finance
 
Accenture tech vision 2018 slideshare trend4_frictionless-biz_aw_a_mc
Accenture tech vision 2018 slideshare trend4_frictionless-biz_aw_a_mcAccenture tech vision 2018 slideshare trend4_frictionless-biz_aw_a_mc
Accenture tech vision 2018 slideshare trend4_frictionless-biz_aw_a_mc
 
Hyperledger - MMA Impact Forum Brasil 2019
Hyperledger - MMA Impact Forum Brasil 2019Hyperledger - MMA Impact Forum Brasil 2019
Hyperledger - MMA Impact Forum Brasil 2019
 
Blockchain demystification
Blockchain demystificationBlockchain demystification
Blockchain demystification
 
Blockchain Introduction - Canada Nov 2017.pptx
Blockchain Introduction - Canada Nov 2017.pptxBlockchain Introduction - Canada Nov 2017.pptx
Blockchain Introduction - Canada Nov 2017.pptx
 
Cisco ICON Speaker Series: Blockchain - Technology that is revolutionizing th...
Cisco ICON Speaker Series: Blockchain - Technology that is revolutionizing th...Cisco ICON Speaker Series: Blockchain - Technology that is revolutionizing th...
Cisco ICON Speaker Series: Blockchain - Technology that is revolutionizing th...
 
PIN whitepaper | PINCoin - PIN Community - Sharing is Caring - Sharing Economy
PIN whitepaper | PINCoin - PIN Community - Sharing is Caring - Sharing EconomyPIN whitepaper | PINCoin - PIN Community - Sharing is Caring - Sharing Economy
PIN whitepaper | PINCoin - PIN Community - Sharing is Caring - Sharing Economy
 
Tomorrow’s Value Chain: How Blockchain Drives Visibility, Trust and Efficiency
Tomorrow’s Value Chain: How Blockchain Drives Visibility, Trust and EfficiencyTomorrow’s Value Chain: How Blockchain Drives Visibility, Trust and Efficiency
Tomorrow’s Value Chain: How Blockchain Drives Visibility, Trust and Efficiency
 

More from Mark Smalley

Why I Believe MongoDB is The Dog's Bollocks
Why I Believe MongoDB is The Dog's BollocksWhy I Believe MongoDB is The Dog's Bollocks
Why I Believe MongoDB is The Dog's Bollocks
Mark Smalley
 

More from Mark Smalley (18)

An Introduction to Upgradable Smart Contracts
An Introduction to Upgradable Smart ContractsAn Introduction to Upgradable Smart Contracts
An Introduction to Upgradable Smart Contracts
 
Blockchain Developers Malaysia Meetup #4 - CRUDy Ethereum Contracts, Wallet W...
Blockchain Developers Malaysia Meetup #4 - CRUDy Ethereum Contracts, Wallet W...Blockchain Developers Malaysia Meetup #4 - CRUDy Ethereum Contracts, Wallet W...
Blockchain Developers Malaysia Meetup #4 - CRUDy Ethereum Contracts, Wallet W...
 
BDM Meetup 2 - Blockchain Basics - Generating Keys for BloqPress
BDM Meetup 2 - Blockchain Basics - Generating Keys for BloqPressBDM Meetup 2 - Blockchain Basics - Generating Keys for BloqPress
BDM Meetup 2 - Blockchain Basics - Generating Keys for BloqPress
 
BDM Meetup #1 - Blockchains for Developers - Part 01
BDM Meetup #1 - Blockchains for Developers - Part 01BDM Meetup #1 - Blockchains for Developers - Part 01
BDM Meetup #1 - Blockchains for Developers - Part 01
 
Banking on The Future of Blockchains
Banking on The Future of BlockchainsBanking on The Future of Blockchains
Banking on The Future of Blockchains
 
LVLUPKL - My Life on The Blockchain
LVLUPKL - My Life on The BlockchainLVLUPKL - My Life on The Blockchain
LVLUPKL - My Life on The Blockchain
 
Blockstrap at FOSS Asia - 2015 - Building Browser-Based Blockchain Applications
Blockstrap at FOSS Asia - 2015 - Building Browser-Based Blockchain ApplicationsBlockstrap at FOSS Asia - 2015 - Building Browser-Based Blockchain Applications
Blockstrap at FOSS Asia - 2015 - Building Browser-Based Blockchain Applications
 
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
Bitcoin is Still Technology - Presented at Bitcoin World Conference KL - 2014
 
Programmable Money - Visual Guide to Bitcoin as a Technology
Programmable Money - Visual Guide to Bitcoin as a TechnologyProgrammable Money - Visual Guide to Bitcoin as a Technology
Programmable Money - Visual Guide to Bitcoin as a Technology
 
Introducing Bitcoin :: The (Mostly) Visual-Guide to Cryptographic Currencies
Introducing Bitcoin :: The (Mostly) Visual-Guide to Cryptographic CurrenciesIntroducing Bitcoin :: The (Mostly) Visual-Guide to Cryptographic Currencies
Introducing Bitcoin :: The (Mostly) Visual-Guide to Cryptographic Currencies
 
1st NoSQL Asia Event in Malaysia
1st NoSQL Asia Event in Malaysia1st NoSQL Asia Event in Malaysia
1st NoSQL Asia Event in Malaysia
 
MongoDB Day KL - 2013 :: Keynote - The State of MongoDB in Malaysia
MongoDB Day KL - 2013 :: Keynote - The State of MongoDB in MalaysiaMongoDB Day KL - 2013 :: Keynote - The State of MongoDB in Malaysia
MongoDB Day KL - 2013 :: Keynote - The State of MongoDB in Malaysia
 
JSON, The Argonauts and Mark
JSON, The Argonauts and MarkJSON, The Argonauts and Mark
JSON, The Argonauts and Mark
 
JSON and The Argonauts
JSON and The ArgonautsJSON and The Argonauts
JSON and The Argonauts
 
KL MUG 9
KL MUG 9KL MUG 9
KL MUG 9
 
Serving Images with GridFS
Serving Images with GridFSServing Images with GridFS
Serving Images with GridFS
 
Why I Believe MongoDB is The Dog's Bollocks
Why I Believe MongoDB is The Dog's BollocksWhy I Believe MongoDB is The Dog's Bollocks
Why I Believe MongoDB is The Dog's Bollocks
 
Introducing MongoPress
Introducing MongoPressIntroducing MongoPress
Introducing MongoPress
 

Recently uploaded

Structuring Teams and Portfolios for Success
Structuring Teams and Portfolios for SuccessStructuring Teams and Portfolios for Success
Structuring Teams and Portfolios for Success
UXDXConf
 

Recently uploaded (20)

Agentic RAG What it is its types applications and implementation.pdf
Agentic RAG What it is its types applications and implementation.pdfAgentic RAG What it is its types applications and implementation.pdf
Agentic RAG What it is its types applications and implementation.pdf
 
Choosing the Right FDO Deployment Model for Your Application _ Geoffrey at In...
Choosing the Right FDO Deployment Model for Your Application _ Geoffrey at In...Choosing the Right FDO Deployment Model for Your Application _ Geoffrey at In...
Choosing the Right FDO Deployment Model for Your Application _ Geoffrey at In...
 
Where to Learn More About FDO _ Richard at FIDO Alliance.pdf
Where to Learn More About FDO _ Richard at FIDO Alliance.pdfWhere to Learn More About FDO _ Richard at FIDO Alliance.pdf
Where to Learn More About FDO _ Richard at FIDO Alliance.pdf
 
Structuring Teams and Portfolios for Success
Structuring Teams and Portfolios for SuccessStructuring Teams and Portfolios for Success
Structuring Teams and Portfolios for Success
 
Simplified FDO Manufacturing Flow with TPMs _ Liam at Infineon.pdf
Simplified FDO Manufacturing Flow with TPMs _ Liam at Infineon.pdfSimplified FDO Manufacturing Flow with TPMs _ Liam at Infineon.pdf
Simplified FDO Manufacturing Flow with TPMs _ Liam at Infineon.pdf
 
Powerful Start- the Key to Project Success, Barbara Laskowska
Powerful Start- the Key to Project Success, Barbara LaskowskaPowerful Start- the Key to Project Success, Barbara Laskowska
Powerful Start- the Key to Project Success, Barbara Laskowska
 
WebAssembly is Key to Better LLM Performance
WebAssembly is Key to Better LLM PerformanceWebAssembly is Key to Better LLM Performance
WebAssembly is Key to Better LLM Performance
 
Integrating Telephony Systems with Salesforce: Insights and Considerations, B...
Integrating Telephony Systems with Salesforce: Insights and Considerations, B...Integrating Telephony Systems with Salesforce: Insights and Considerations, B...
Integrating Telephony Systems with Salesforce: Insights and Considerations, B...
 
Custom Approval Process: A New Perspective, Pavel Hrbacek & Anindya Halder
Custom Approval Process: A New Perspective, Pavel Hrbacek & Anindya HalderCustom Approval Process: A New Perspective, Pavel Hrbacek & Anindya Halder
Custom Approval Process: A New Perspective, Pavel Hrbacek & Anindya Halder
 
Demystifying gRPC in .Net by John Staveley
Demystifying gRPC in .Net by John StaveleyDemystifying gRPC in .Net by John Staveley
Demystifying gRPC in .Net by John Staveley
 
Measures in SQL (a talk at SF Distributed Systems meetup, 2024-05-22)
Measures in SQL (a talk at SF Distributed Systems meetup, 2024-05-22)Measures in SQL (a talk at SF Distributed Systems meetup, 2024-05-22)
Measures in SQL (a talk at SF Distributed Systems meetup, 2024-05-22)
 
A Business-Centric Approach to Design System Strategy
A Business-Centric Approach to Design System StrategyA Business-Centric Approach to Design System Strategy
A Business-Centric Approach to Design System Strategy
 
PLAI - Acceleration Program for Generative A.I. Startups
PLAI - Acceleration Program for Generative A.I. StartupsPLAI - Acceleration Program for Generative A.I. Startups
PLAI - Acceleration Program for Generative A.I. Startups
 
Intro in Product Management - Коротко про професію продакт менеджера
Intro in Product Management - Коротко про професію продакт менеджераIntro in Product Management - Коротко про професію продакт менеджера
Intro in Product Management - Коротко про професію продакт менеджера
 
Speed Wins: From Kafka to APIs in Minutes
Speed Wins: From Kafka to APIs in MinutesSpeed Wins: From Kafka to APIs in Minutes
Speed Wins: From Kafka to APIs in Minutes
 
ECS 2024 Teams Premium - Pretty Secure
ECS 2024   Teams Premium - Pretty SecureECS 2024   Teams Premium - Pretty Secure
ECS 2024 Teams Premium - Pretty Secure
 
IESVE for Early Stage Design and Planning
IESVE for Early Stage Design and PlanningIESVE for Early Stage Design and Planning
IESVE for Early Stage Design and Planning
 
The Value of Certifying Products for FDO _ Paul at FIDO Alliance.pdf
The Value of Certifying Products for FDO _ Paul at FIDO Alliance.pdfThe Value of Certifying Products for FDO _ Paul at FIDO Alliance.pdf
The Value of Certifying Products for FDO _ Paul at FIDO Alliance.pdf
 
Buy Epson EcoTank L3210 Colour Printer Online.pdf
Buy Epson EcoTank L3210 Colour Printer Online.pdfBuy Epson EcoTank L3210 Colour Printer Online.pdf
Buy Epson EcoTank L3210 Colour Printer Online.pdf
 
Buy Epson EcoTank L3210 Colour Printer Online.pptx
Buy Epson EcoTank L3210 Colour Printer Online.pptxBuy Epson EcoTank L3210 Colour Printer Online.pptx
Buy Epson EcoTank L3210 Colour Printer Online.pptx
 

Neuroware.io at FINNOVASIA KL - 2016

  • 2. INTRODUCING NEUROWARE AND OUR NON-FINANCIAL PROTOCOLS
  • 3. SLIDE # FIRST MSC STATUS BLOCKCHAIN COMPANY 3 Mark Smalley - CEO ! Living in Malaysia for the past 19 Years ! Building Web Applications for 15 Years ! Spent 10 Years Building Tech Communities ! Developing Blockchains Apps for 5 Years Ruben Tan - CTO ! Building Web Applications for 10 Years ! Active Community Evangelist & Presenter ! Early Developer at MyTeksi and OnApp ! Studying Distributed Consensus for 5 Years
  • 4. SLIDE # EXPERIENCED INNOVATORS IN AN EARLY ECOSYSTEM 4 Only Malaysian Company to Graduate from 500 Startups in Silicon Valley 1st Company in Asia Providing Public Blockchain APIs & Developer Toolkits Helped Organize World’s 1st Bank-Backed Blockchain Hackathon (DBS) Over 15 Years of Collective Blockchain Development Experience
  • 5. SLIDE # WE’VE SPENT TWO YEARS DEVELOPING OUR BASE PROTOCOLS 5 DISTRIBUTED STRUCTURED DATA DECENTRALIZED ID & AUTHENTICATION KEY LOGISTICS & BROADCASTING CORTEX NEUROWARE’S AGNOSTIC PROTOCOLS
  • 6. SLIDE # CORTEX - BLOCKCHAIN AGNOSTIC OPERATING SYSTEM 6
  • 7. WHAT ARE BLOCKCHAINS…? THE DAWN OF THE DISTRIBUTED LEDGER
  • 8. SLIDE # BITCOIN digital asset 8 VS BLOCKCHAINS distributed ledger
  • 10. SLIDE # BREAKING DOWN THE BASIC TERMINOLOGY 10 Distributed Ledger Technology (DLT) is the top-level terminology Blockchains are one sub-set of distributed ledgers Public chains are another sub-set of blockchains Bitcoin is just one of a thousand different public blockchains There are hundreds of private chains & distributed ledgers without blocks From distributed DNS to file-storage & git repos - they can do many things
 
 However… When you are able to transfer a native asset on its ledger - magic happens: THE TRANSFER AND SETTLEMENT OCCUR AS A SINGLE EVENT
  • 11. SLIDE # BLOCKCHAINS - THE FASTEST GROWING TECH OF OUR LIFETIME 11 In 2016 alone, over 100 banks and leading financial institutions started working on 
 blockchain projects - with the eco-system receiving over US$1 billion in funding
  • 12. SLIDE # BITCOIN AS A PAYMENT METHOD 12
  • 13. SLIDE # SOME OF THE INSTITUTIONS LEADING THE WAY 13 multiple blockchains for cross- boarder payments and loyalty Exploring KYC and AML via the blockchains Patented a blockchain based wire transfer system Blockchain based loyalty platform Blockchain based remittance platform Blockchain based trade finance platform Custom blockchain
 for settlements
  • 14. SLIDE # WHERE DO WE (MALAYSIA) STAND …? from the coindesk.com most recent quarterly report 14 MOST INCREASED INTEREST IN BITCOIN
  • 15. SLIDE # WHERE DO WE (MALAYSIA) STAND …? also from the coindesk.com most recent quarterly report - but not the MY part 15
  • 16. SLIDE # WHY THE FUSS…? WHAT DO PUBLIC BLOCKCHAINS DO…? 16 They provide an immutable tamper-proof audit-trail of the truth Data can be easily shared and independently verified by third-parties Vastly increased security that is much less vulnerable to attack or outage Programmable contracts that can radically reduce human errors and costs “While FinTech Disrupts Banks, the Blockchains Disrupt FinTech"
  • 17. SLIDE # COMPARED TO WHAT…? TRUTH CAN ONLY BE STORED ONE WAY 17 CENTRALIZATION! DATABASES ! ! ! ! ! HILTON / TAXIS DECENTRALIZATION! THE CLOUD ! ! ! ! ! AIR BNB / UBER DISTRIBUTION! BLOCKCHAINS ! ! ! ! ! OPEN BAZZAR / LAZOOZ TECHNOLOGY BUSINESS MODELS TECHNOLOGY BUSINESS MODELS 1950 2000 2010 2015 2030
  • 18. SLIDE # CAN CENTRAL SYSTEMS COMPETE? FINTECH 1ST FOR A REASON 18 Reconciling Multiple Central Ledgers Vs Auto-Audited Distributed Ledgers? Batch Processing CSVs every 24 Hours Vs Really Real-Time Settlement? THE OLD WAY THE NEW WAY
  • 19. SLIDE # USE-CASES NEUROWARE PARTNERS ARE EXPLORING 19 BANKING From AML & KYC cost reductions
 to reward schemes & reaching the unbanked or general key-signing LEGAL Cryptographically secure document notarization, copyright protection, and dispute settlement GAMING Share digital assets between an entire network of games, or use the blockchains to create immutable persistent open-worlds HEALTHCARE Complete and immutable family histories of every related diagnosis and condition available from one key GOVERNANCE InIncrease the accountability of public officials and offer total transparency in voting and elections ASSETS Track possession of your property in the digital economy by creating, managing, storing, or sharing 
 multiple asset classes LOYALTY Creation of programmable processes and automated auditing trails that increase transparency and efficiency LOGISTICS Tracking of shipping cycles and provenance systems that autonomously verify actions INSURANCE Integrated insurance and medical services can be intelligently designed to quickly and contractually settle claims with cryptographically
  • 21. SLIDE # INTRODUCING MALAYSIA’S FIRST BLOCKCHAIN CONSORTIUM 21
  • 22. SLIDE # WE HAVE A DIVERSE SELECTION OF FOUNDING MEMBERS 22
  • 23. SLIDE # WITH MANY USE CASES BEING DISCUSSED AND DEVELOPED 23
  • 24. USE CASE 01: ATA-PLUS EQUITY CROWD FUNDING
  • 25. SLIDE # NEUROWARE’S FIRST CORTEX SUBSCRIBER 25 Kyri - Co-Founder & Director! of Licensed ECF Platform “For ECF to flourish, there must be a deep depository of trust and transparency that is frictionless & inclusive. Neuroware’s tech enables us to provide all that and more!”
  • 26. SLIDE # PROBLEMS FACED BY ECF OPERATORS AND OUR SOLUTIONS 26 Difficult to truly include as many retail investors as possible due to 50 limit Difficult to attract international investors due to current market sentiment Difficult to actually work in real-time due to offline financial trustee services
 and daily batch-based CSV transactions with other financial institutions Having worked with ATA-Plus now for several months, we’ve been able to: Utilize the blockchains to store public data related to our campaign Utilize the blockchains to provide an optional digital form of equity Utilize the blockchains to develop an ECF loyalty reward platform Become asia’s only licensed ECF operator to accept Bitcoin
  • 27. USE CASE 02: PRACTICAL BANKING FOUNDATION CRYPTO TRUSTEE SOLUTIONS
  • 28. SLIDE # PROBLEMS FACED BY TRUSTEE SERVICES AND OUR SOLUTIONS 28 Difficult to truly justify small transactions - let alone micro-transactions Impossible to interface via APIs and in-turn automate certain processes Reliance upon physical signatures and manual verification processes Having worked with ATA-Plus and sanctioned banking partners, we have: Begun working on multi-signature key-custodian signing services Allowing for optional consumer key generation and recovery services This allow for some really interesting innovations - such as: Shared responsibilities - with no one entity having control of anything Programmable contracts - enabling automations and developer access
  • 29. SLIDE # GENERATING MULTI-SIGNATURE ESCROW ADDRESSES 29 Investor Operator Issuer PublicKey Wallet Multi-signature Master Public Extended Key Escrow Address PublicKey PublicKey Bitcoin Transfer Investor Investor Public KeyPublic Key Public Key Ata Plus Public KeyPublic Key Public Key Issuer Issuer Public KeyPublic Key Public Key Trustee Crypto Services Partner BANK Partner BANK Partner BANK Partner BANK
  • 30. SLIDE # COMPLETING MULTI-SIGNATURE ESCROW TRANSACTIONS 30 Investor Operator Issuer Private Key Private Key Investor Partner Bank Investor Private KeyPrivate Key Private Key Ata Plus Partner Bank Partner Bank Private KeyPrivate Key Private Key Issuer Partner Bank Issuer Private KeyPrivate Key Private Key Trustee Crypto Services Wallet 1 2 Escrow Address Initiate Transfer Request ApprovesTransferRequest Bitcoin Transfer Signs Signs
  • 31. USE CASE 03: FOR ANYONE AND EVERYONE LOYALTY REWARDS AS A PLATFORM
  • 32. SLIDE # REASONS FOR USING BLOCKCHAINS FOR LOYALTY REWARDS 32 326 327 328 329 330 331 332 333 334 335 Provides the opportunity to radically reduce infrastructure costs by outsourcing the hosting and APIs to merchants and (or) partners Empower merchants to create their own digital currencies automatically pegged and transferred through a global reserve that you control Introduce multi-signature arbitration at local and (or) global levels Allow for developers, consumers and merchants to communicate directly Provide an immutable and verifiable record of every event ever…
  • 33. SLIDE # CONSUMER CONVERTS AIR MILES TO AIR TIME IN REAL TIME 33
  • 34. SLIDE # CREATING AN ECONOMY FROM LOYALTY POINTS 34
  • 35. THE ELEPHANT IN THE ROOM SUPPLY CHAINS & TRADE FINANCE
  • 36. SLIDE # TRADITIONAL SUPPLY CHAINS ARE COMPLICATED 36
  • 37. SLIDE # COMMON PROBLEMS WITH THE MAJORITY OF SUPPLY CHAINS 37 Multiple entities maintaining multiple copies of the truth within easily compromised closed silos requiring painfully slow & expensive reconciliation Time consuming requirements for setting-up third-party financial trustees and physical escrow accounting processes between each transaction Lack of automation between checkpoints, processes and sensory inputs Excessive use and reliance upon physical paper-trails and certification 
 
 ALL OF THESE PROBLEMS EXIST DUE TO A LACK OF TRUST
 ( if only there was a way they could all use the same source of truth )
  • 38. SLIDE # SIMPLIFYING SUPPLY CHAINS WITH BLOCKCHAINS 38 PUBLIC BLOCKCHAINS! SHARED EVERSTORE DATABASE & SMART CONTRACTS SELLERBUYER MYR SGD ESCROW INSURANCE CERTIFICATIONS BITCOIN REMITTANCE
  • 39. SLIDE # EDUCATION IS THE MOST IMPORTANT COMPONENT 39 “Having finally seen Cortex in action, I can safely say these guys have something truly special on their hands, my only disagreement is that they should be based in Singapore!” Anson Zeal - CEO! Bitcoin Remittance Company “Neuroware have been our ‘go to’ guys with respect to blockchains and critical in raising the understanding of distributed ledgers for our senior leadership teams and partners” “Neuroware have consistently been our key consultants with regards to blockchain technology. Their participation provided us with use cases that weren’t first obvious” Amran Hassan! Head of Innovation Max Tiong! Head of FinTech
  • 40. BUILDING THE FUTURE TOGETHER ! bit.ly/investinneuroware