Read 8 Decimal’s latest deck for a comprehensive overview of enterprise blockchain solutions and to learn about its past, present and future developments. The deck also covers numerous use-cases and case studies of blockchain enterprise implementation, including IBM, OpenBazaar, ecommerce, retail, supply chain management, Tradelens, and energy management, among others, to name a few.
Distributed Ledger Technologies (DLT). El blockchain en Cataluña. Technological report ·Enero 2020 de l Generalitat de Catalunya. (España).
Las expectativas que genera el blockchain son muy elevadas y para el 2022 se estima que la previsión del gasto mundial será de 12.400 millones de dólares . Se trata de un crecimiento muy grande teniendo en cuenta que por el 2019 fue de 2.900 millones de dólares, un aumento del 88,7% de los 1.500 millones de dólares gastados en 2018. No en vano, el aumento de la demanda para poder hacer pagos más rápidos y seguros ha hecho del blockchain uno de los mercados tecnológicos de más rápido crecimiento del mundo.
This document provides an overview and analysis of blockchain, digital currencies, and cryptocurrencies from J.P. Morgan. It discusses how blockchain technology is moving into the mainstream for financial applications like payments and settlements. It also examines the rise of alternative non-cash payments globally and in China and Japan. Finally, it analyzes whether stablecoins could achieve global scale as a more stable alternative to cryptocurrencies like bitcoin.
Blockchain technology has emerged as a real game-changer. Across all continents, Asia is likely to see the highest economic benefits of blockchain technology. In terms of particular countries, blockchain technology could have the maximum inherent net profit in China ($ 440 billion) and the United States ($ 407 billion). Five other countries (Germany, Japan, UK, India, and France) are also expected to have net profits above $ 50 billion. At the sectoral level, the leading beneficiaries appear to be the public administration, education and health sectors. These sectors are looking forward to benefiting a sum of around $ 574 billion by 2030.
Rising Blockchain Magazine - Results of 2018Alex Tsyglin
This document provides a summary of the top 10 blockchain protocols in 2018 according to Rising Blockchain magazine. It discusses the key criteria used to evaluate the protocols and provides a brief overview of each protocol selected, including their purpose, notable projects built on them, and major developments in 2018. The protocols highlighted are Graphene, Ethereum, Hyperledger, IOTA, Microsoft Azure, and NEM. Projects like EOS, Bitshares, Steem, Ethereum applications, and partnerships with major companies are noted as significant accomplishments for several protocols during the year.
Blockchain use cases in 2022 real world industry applicationsArpitGautam20
These are interesting predictions and real-world industry applications of Blockchain Technology that will take the world by storm in 2022! https://arsr.tech/blockchain-use-cases-in-2022-real-world-industry-applications/
Distributed Ledger Technologies (DLT). El blockchain en Cataluña. Technological report ·Enero 2020 de l Generalitat de Catalunya. (España).
Las expectativas que genera el blockchain son muy elevadas y para el 2022 se estima que la previsión del gasto mundial será de 12.400 millones de dólares . Se trata de un crecimiento muy grande teniendo en cuenta que por el 2019 fue de 2.900 millones de dólares, un aumento del 88,7% de los 1.500 millones de dólares gastados en 2018. No en vano, el aumento de la demanda para poder hacer pagos más rápidos y seguros ha hecho del blockchain uno de los mercados tecnológicos de más rápido crecimiento del mundo.
This document provides an overview and analysis of blockchain, digital currencies, and cryptocurrencies from J.P. Morgan. It discusses how blockchain technology is moving into the mainstream for financial applications like payments and settlements. It also examines the rise of alternative non-cash payments globally and in China and Japan. Finally, it analyzes whether stablecoins could achieve global scale as a more stable alternative to cryptocurrencies like bitcoin.
Blockchain technology has emerged as a real game-changer. Across all continents, Asia is likely to see the highest economic benefits of blockchain technology. In terms of particular countries, blockchain technology could have the maximum inherent net profit in China ($ 440 billion) and the United States ($ 407 billion). Five other countries (Germany, Japan, UK, India, and France) are also expected to have net profits above $ 50 billion. At the sectoral level, the leading beneficiaries appear to be the public administration, education and health sectors. These sectors are looking forward to benefiting a sum of around $ 574 billion by 2030.
Rising Blockchain Magazine - Results of 2018Alex Tsyglin
This document provides a summary of the top 10 blockchain protocols in 2018 according to Rising Blockchain magazine. It discusses the key criteria used to evaluate the protocols and provides a brief overview of each protocol selected, including their purpose, notable projects built on them, and major developments in 2018. The protocols highlighted are Graphene, Ethereum, Hyperledger, IOTA, Microsoft Azure, and NEM. Projects like EOS, Bitshares, Steem, Ethereum applications, and partnerships with major companies are noted as significant accomplishments for several protocols during the year.
Blockchain use cases in 2022 real world industry applicationsArpitGautam20
These are interesting predictions and real-world industry applications of Blockchain Technology that will take the world by storm in 2022! https://arsr.tech/blockchain-use-cases-in-2022-real-world-industry-applications/
This document discusses Effendy Zulklifly's background working in blockchain and his involvement with various blockchain organizations. It describes Blockchain Academy Asia, a global blockchain research and education institution founded by Effendy, which offers both online and offline courses on blockchain fundamentals, applications, and development. The document also outlines Blockchain Academy Asia's consulting services, research and development activities, board of advisors, and areas of collaboration.
Blockchain applications in payments and fintechPenser
An overview of blockchain applications in the payments and fintech industry, with recent examples. For full article, see - https://www.penser.co.uk/blockchain-applications-payments-fintech/
Building blockchain applications using JavaSimon Stone
My presentation from Java2Days, with an introduction to blockchain, the IBM Blockchain Platform, Hyperledger Fabric, and a demo of how Java developers can use their existing Java skills to build smart contracts and applications.
Get Rich with Blockchain & Cryptocurrencykeerthi678722
The document discusses the current state of regulation regarding consumer tokens in the United States. It provides context on the growth of decentralized finance and non-fungible tokens. It then outlines the existing securities law framework from the Howey Test that the SEC uses to determine if a digital asset is a security. The document aims to explore what parameters exist for issuing consumer or utility tokens, which are intended for use on a distributed platform and not meant to be securities, in the US given the unclear regulatory framework.
This presentation explores how the blockchain ecosystem is developing to support a vibrant data economy,. We look at issues of why data quality matters, how AI needs trusted data, and how massive investment is coming into the blockchain-powered data economy. We also look at key ways blockchain is enabling innovation in the consumer data economy.. We examine how two major tech companies are taking action in blockchain, and suggest things that any company can do now.
The document provides an updated overview of the Libra payment system and stablecoin project. Key changes include offering single-currency stablecoins in addition to the multi-currency Libra Coin, enhancing safety and compliance frameworks, maintaining economic properties while transitioning to a permissioned system, and strengthening protections for the Libra Reserve. The Libra Association aims to enable a simple global payment system through an open-source blockchain, stablecoins backed by currency reserves, and independent governance.
Blockchain FinTech App | Land RegistryBahaa Farouk
This document discusses using blockchain technology to improve land registry and property ownership systems. It outlines problems with existing systems like lack of transparency, risk of data manipulation, and inefficient protection of owners' rights. Blockchain provides solutions through decentralization, transparency, and immutability of records. A blockchain land registry would allow for independent verification of ownership records, reduce costs and inefficiencies, and increase trust and security compared to traditional centralized systems. The example of Georgia integrating blockchain into their digital property registration process reduced transaction times and costs significantly.
On Thursday, Oct. 20, Digital Currency Group hosted its second annual Bitcoin and Blockchain Tech Summit - three days of private events focused on bringing together our network of founders, startups, investors, and corporate strategics. These are the opening remarks presented by our founder and CEO, Barry Silbert, regarding the progress the bitcoin and blockchain ecosystem over the last year, and what DCG is excited about looking forward. Our Director of Development, Meltem Demirors, also announced the launch of our new corporate network.
Corda DLT implementation case study. Double spend fraud prevention in factoring/bill of exchange discounting/advance invoice payment using distributed ledger technology. Data integrity, business process improvement, universal and scalable architecture, baseline for further service deployment from participating banks. Lessons learned from the real Corda DLT implementation.
Presented on June 11, 2018 in Łódź, Poland during Blockchain Business meet up https://www.meetup.com/pl-PL/Blockchain-Business-Lodz/
This document provides guidance for corporations considering investing in digital assets like Bitcoin. It discusses key considerations for treasury, accounting, tax, controls, and collaboration across an organization. For treasury, governance is important to understand the investment strategy and risk tolerance. Accounting for digital assets under US GAAP is challenging as they must be treated as intangible assets. For tax, gains and losses are recognized when assets are sold, and specific identification or FIFO methods can help determine cost basis. Controls over private keys and wallet structures are also vital.
Existing systems, new languages: prototyping blockchain models for the book p...Mark David Ryan
Ryan, Mark David (2019). Existing systems, new languages: prototyping blockchain models for the book publishing industry. Faculdade de Letras da Universidade do Porto (University of Porto Arts and Humanities Faculty), Porto, Portugal, 25 October, 2019.
In this presentation I talk about the state of the digital currency economy in mid 2020, including my unique perspective as CEO of Gilded, a B2B payment solution using digital currency.
I also discuss what it will take to get the flywheel moving and grow the digital currency economy in 2021 and beyond.
Blockchain, Hyperledger and the Oracle Blockchain PlatformJuarez Junior
This document discusses blockchain and Hyperledger Fabric. It provides an overview of enterprise blockchain, describes the key components of Hyperledger Fabric including peers, smart contracts, consensus and the ledger, and explains the transaction flow. It also covers blockchain application development and introduces Oracle's Blockchain Platform as a fully-managed blockchain as a service.
Enterprise blockchain| Blockchain as a Service| Blockchain Disruption| Blockc...Fluence.sh
Blockchain technology is still in early adoption by enterprises similarly to how cloud and big data were several years ago. While there is potential for use cases across many industries, enterprises face challenges selecting the right technology, implementing without reinventing the wheel, learning from other organizations' experiences, and finding qualified expertise. Fluence.sh aims to address these challenges as a blockchain infrastructure as a service that supports various technologies and provides features like smart contract security through their SDK, APIs, and other tools.
Blockchain applications demand standard testing such as functional performance, integration, and security testing. In addition, testing teams must have these specialized testing capabilities including Smart Contracts testing and Node Testing. know how differently each industry is influencing Blockchain Testing capabilities.
Business Opportunities in Fintech and BlockchainSaeed Al Dhaheri
This presentation was given at the Etisalat Academy Blockchain Symposium. It highlights how fintech and blockchain technologies are disrupting the financial services industries and other vertical domains as well. It also highlights the important features of blockchain and discusses the business opportunities. It briefly explains types of blockchain and the difference between public and private blockchain ledgers. It talks about the world most major initiatives including Dubai blockchain strategy and provide some examples from current PoC projects in UAE.
State of Digital Assets May 2019 - Blockshine SingaporeRandeep Melhi
The Blockshine Singapore team has compiled some research about the state of Digital Assets in May 2019 and what the outlook is for the assets, the underlying technology and the regulations around them.
Blockchain and io t in carbon credit managementYuri Anisimov
Blockchain and IoT technologies can help address issues with existing carbon credit programs and enable a decentralized carbon market. A proposed solution is DAO IPCI, a decentralized autonomous organization built on blockchain that uses trusted sensors on the Robonomics IoT network to facilitate carbon auctions. This would provide transparency and reliability for carbon transactions while reducing costs. Token economics could be used to quantify social costs and liabilities within carbon transactions between buyers, sellers, offset providers, and other stakeholders.
Blockchain technology allows for decentralized organizations run through smart contracts without centralized governance. This could transform business models by facilitating long-term financing through mechanisms like crowdfunding and new forms of cooperatives organized as decentralized autonomous organizations (DAOs). However, DAOs operate in a regulatory grey area without protections of traditional legal structures, and complex algorithms may be difficult to oversee, raising issues around accountability, fraud, and compliance with laws. Greater transparency and oversight of algorithmic decision making may be needed.
When consumer products get switched on, brands will be able to deploy new IoT-based applications and services throughout the full product lifecycle. But what role will blockchains play in this, and is the hype about its potential justified?
This white paper will show you which use cases are best suited to blockchains and how to assess whether a blockchain-based solution is really needed.
This document discusses Effendy Zulklifly's background working in blockchain and his involvement with various blockchain organizations. It describes Blockchain Academy Asia, a global blockchain research and education institution founded by Effendy, which offers both online and offline courses on blockchain fundamentals, applications, and development. The document also outlines Blockchain Academy Asia's consulting services, research and development activities, board of advisors, and areas of collaboration.
Blockchain applications in payments and fintechPenser
An overview of blockchain applications in the payments and fintech industry, with recent examples. For full article, see - https://www.penser.co.uk/blockchain-applications-payments-fintech/
Building blockchain applications using JavaSimon Stone
My presentation from Java2Days, with an introduction to blockchain, the IBM Blockchain Platform, Hyperledger Fabric, and a demo of how Java developers can use their existing Java skills to build smart contracts and applications.
Get Rich with Blockchain & Cryptocurrencykeerthi678722
The document discusses the current state of regulation regarding consumer tokens in the United States. It provides context on the growth of decentralized finance and non-fungible tokens. It then outlines the existing securities law framework from the Howey Test that the SEC uses to determine if a digital asset is a security. The document aims to explore what parameters exist for issuing consumer or utility tokens, which are intended for use on a distributed platform and not meant to be securities, in the US given the unclear regulatory framework.
This presentation explores how the blockchain ecosystem is developing to support a vibrant data economy,. We look at issues of why data quality matters, how AI needs trusted data, and how massive investment is coming into the blockchain-powered data economy. We also look at key ways blockchain is enabling innovation in the consumer data economy.. We examine how two major tech companies are taking action in blockchain, and suggest things that any company can do now.
The document provides an updated overview of the Libra payment system and stablecoin project. Key changes include offering single-currency stablecoins in addition to the multi-currency Libra Coin, enhancing safety and compliance frameworks, maintaining economic properties while transitioning to a permissioned system, and strengthening protections for the Libra Reserve. The Libra Association aims to enable a simple global payment system through an open-source blockchain, stablecoins backed by currency reserves, and independent governance.
Blockchain FinTech App | Land RegistryBahaa Farouk
This document discusses using blockchain technology to improve land registry and property ownership systems. It outlines problems with existing systems like lack of transparency, risk of data manipulation, and inefficient protection of owners' rights. Blockchain provides solutions through decentralization, transparency, and immutability of records. A blockchain land registry would allow for independent verification of ownership records, reduce costs and inefficiencies, and increase trust and security compared to traditional centralized systems. The example of Georgia integrating blockchain into their digital property registration process reduced transaction times and costs significantly.
On Thursday, Oct. 20, Digital Currency Group hosted its second annual Bitcoin and Blockchain Tech Summit - three days of private events focused on bringing together our network of founders, startups, investors, and corporate strategics. These are the opening remarks presented by our founder and CEO, Barry Silbert, regarding the progress the bitcoin and blockchain ecosystem over the last year, and what DCG is excited about looking forward. Our Director of Development, Meltem Demirors, also announced the launch of our new corporate network.
Corda DLT implementation case study. Double spend fraud prevention in factoring/bill of exchange discounting/advance invoice payment using distributed ledger technology. Data integrity, business process improvement, universal and scalable architecture, baseline for further service deployment from participating banks. Lessons learned from the real Corda DLT implementation.
Presented on June 11, 2018 in Łódź, Poland during Blockchain Business meet up https://www.meetup.com/pl-PL/Blockchain-Business-Lodz/
This document provides guidance for corporations considering investing in digital assets like Bitcoin. It discusses key considerations for treasury, accounting, tax, controls, and collaboration across an organization. For treasury, governance is important to understand the investment strategy and risk tolerance. Accounting for digital assets under US GAAP is challenging as they must be treated as intangible assets. For tax, gains and losses are recognized when assets are sold, and specific identification or FIFO methods can help determine cost basis. Controls over private keys and wallet structures are also vital.
Existing systems, new languages: prototyping blockchain models for the book p...Mark David Ryan
Ryan, Mark David (2019). Existing systems, new languages: prototyping blockchain models for the book publishing industry. Faculdade de Letras da Universidade do Porto (University of Porto Arts and Humanities Faculty), Porto, Portugal, 25 October, 2019.
In this presentation I talk about the state of the digital currency economy in mid 2020, including my unique perspective as CEO of Gilded, a B2B payment solution using digital currency.
I also discuss what it will take to get the flywheel moving and grow the digital currency economy in 2021 and beyond.
Blockchain, Hyperledger and the Oracle Blockchain PlatformJuarez Junior
This document discusses blockchain and Hyperledger Fabric. It provides an overview of enterprise blockchain, describes the key components of Hyperledger Fabric including peers, smart contracts, consensus and the ledger, and explains the transaction flow. It also covers blockchain application development and introduces Oracle's Blockchain Platform as a fully-managed blockchain as a service.
Enterprise blockchain| Blockchain as a Service| Blockchain Disruption| Blockc...Fluence.sh
Blockchain technology is still in early adoption by enterprises similarly to how cloud and big data were several years ago. While there is potential for use cases across many industries, enterprises face challenges selecting the right technology, implementing without reinventing the wheel, learning from other organizations' experiences, and finding qualified expertise. Fluence.sh aims to address these challenges as a blockchain infrastructure as a service that supports various technologies and provides features like smart contract security through their SDK, APIs, and other tools.
Blockchain applications demand standard testing such as functional performance, integration, and security testing. In addition, testing teams must have these specialized testing capabilities including Smart Contracts testing and Node Testing. know how differently each industry is influencing Blockchain Testing capabilities.
Business Opportunities in Fintech and BlockchainSaeed Al Dhaheri
This presentation was given at the Etisalat Academy Blockchain Symposium. It highlights how fintech and blockchain technologies are disrupting the financial services industries and other vertical domains as well. It also highlights the important features of blockchain and discusses the business opportunities. It briefly explains types of blockchain and the difference between public and private blockchain ledgers. It talks about the world most major initiatives including Dubai blockchain strategy and provide some examples from current PoC projects in UAE.
State of Digital Assets May 2019 - Blockshine SingaporeRandeep Melhi
The Blockshine Singapore team has compiled some research about the state of Digital Assets in May 2019 and what the outlook is for the assets, the underlying technology and the regulations around them.
Blockchain and io t in carbon credit managementYuri Anisimov
Blockchain and IoT technologies can help address issues with existing carbon credit programs and enable a decentralized carbon market. A proposed solution is DAO IPCI, a decentralized autonomous organization built on blockchain that uses trusted sensors on the Robonomics IoT network to facilitate carbon auctions. This would provide transparency and reliability for carbon transactions while reducing costs. Token economics could be used to quantify social costs and liabilities within carbon transactions between buyers, sellers, offset providers, and other stakeholders.
Blockchain technology allows for decentralized organizations run through smart contracts without centralized governance. This could transform business models by facilitating long-term financing through mechanisms like crowdfunding and new forms of cooperatives organized as decentralized autonomous organizations (DAOs). However, DAOs operate in a regulatory grey area without protections of traditional legal structures, and complex algorithms may be difficult to oversee, raising issues around accountability, fraud, and compliance with laws. Greater transparency and oversight of algorithmic decision making may be needed.
When consumer products get switched on, brands will be able to deploy new IoT-based applications and services throughout the full product lifecycle. But what role will blockchains play in this, and is the hype about its potential justified?
This white paper will show you which use cases are best suited to blockchains and how to assess whether a blockchain-based solution is really needed.
Blockchain in Banking: A Measured ApproachCognizant
Here's our foundational view on what the financial services industry needs to consider as organizations move from ideation to experimentation to pilot deployments of blockchain.
This presentation takes the viewer through the basics of block chain concepts, its evolution and why it is a paradigm shift.
It also explores the ways in which the block chain concept can be put to use and how it has the potential to revolutionize the way businesses are conducted today.
Key takeaways
Idea of Blockchain.
The technology behind Blockchain.
Why it is a paradigm shift.
How it may be put to use in different industries.
Overcoming the Barriers to Blockchain AdoptionMongoDB
Blockchain promises to drastically lower costs, increase data quality and vastly simplify business processes in a range of industries.
During this event speakers from MongoDB, BigchainDB, Ripple, and 11FSTeam answered question around how to operationalise blockchain into existing environments and rely on it as we do with existing systems.
Blockchains promise significant benefits but also face challenges to widespread adoption. Some key challenges are a lack of interoperability between different blockchain networks and platforms, as well as issues around integration with existing systems and scaling to meet enterprise needs. Interledger aims to address the interoperability challenge by providing a protocol for connecting various ledger systems, including blockchains, to enable asset transfers between them. This allows for a more connected "Internet of Value" and new business opportunities across platforms.
Machine learning presentation in using pyhtonmasukmia.com
Cloud computing allows users to access data and applications over the internet instead of locally on their own computers. It provides benefits like reduced costs, increased storage, flexibility and scalability. However, it also poses risks to privacy, security and reliability if the internet connection or cloud provider experiences issues. Blockchain is a distributed database that records transactions in a way that allows multiple parties to access and update the same data transparently. It has applications in areas like digital identity, voting, notarization and smart contracts that could transform daily life through increased security and efficiency of transactions. Both cloud computing and blockchain impact daily life through enabling new services and changing how data is stored, accessed and shared globally over the internet.
The implications of blockchain for the insurance industry - Eurapco Peer Semi...Vidal Chriqui
Blockchain has the potential to significantly impact the insurance industry by reducing costs and enabling new business models and products. It allows for direct peer-to-peer transactions without intermediaries, increased automation through smart contracts, and improved transparency. However, blockchain technology still faces challenges related to scalability, speed, security of smart contracts, and integration with external data. The insurance industry is beginning to explore blockchain applications through partnerships and open innovation, but the technology is still maturing. Further experimentation is needed to identify the most promising use cases for blockchain in insurance.
This thought leadership is a report detailing how Blockchain can be industrialized in ASEAN and how its potential can be unlocked across organizations.
The report also clearly illustrates the implications of Blockchain, its key developments, how it impacts countries across ASEAN and a five-point test for assessing the fit of Blockchain for specific processes, all serving to provide meaningful insights into the current state of the FinTech industry in the ASEAN region.
Differences between public and private blockchains are described. Attention is paid to different recent DLT approaches and confronted with the needs of banks and other financial institutions. Special attention is paid to smart contracts and the issues and dilemma's for financial institutions and monetary authorities.
Recent developments of public and private blockchains (DLTs) are described. The differences are indicated and confronted with the needs of financial institutions. The ecosystems of Blockchain, Ethereum, Digital Assets Holding and 3Rcev with their DLTs are shown. Next the working of smart contracts are presented followed by the issues and dilemmas that blockchains and smart contracts present for financial institutions. Finally attention is paid to preferred policies of monetary and regulatory authorities.
Blockchain and its Applications in the Finance Industry milemadinah
Blockchain and its Applications in the Finance Industry | Nida Khan the head of research | Conexcap | MILE WEBINARS
The revolution against the banking industry is taking place at a breathtaking speed with the movement spearheaded by a new breed of technology entrepreneurs. The finance industry has long been marked by complex regulations, high barriers to entry and economies of scale and this is all set for disruption by the present fintech revolution. One of the most controversial and debated topics in the finance industry is blockchain. It is the buzzword in the finance world nowadays. The rise in Google searches for the term has risen to 1900% since 2013.
This document discusses seven real-world applications of blockchain technology that could significantly impact industries and markets. It analyzes how blockchain could enable new distributed power markets worth $2.5-7 billion annually by facilitating secure transactions between individuals on the electric grid. It also explores how blockchain-based identity and reputation management could accelerate the sharing economy, such as by generating $3-9 billion in additional travel booking fees through 2020. Other applications examined include reducing title insurance costs through more efficient property record verification, and lowering capital market post-trade costs by streamlining securities clearing and settlement. The document analyzes the opportunities and challenges associated with implementing blockchain solutions in these domains.
Blockchain is a distributed digital ledger that records transactions across a peer-to-peer network. It allows for transparency, where all transactions are visible across the network, and immutability, where transactions cannot be altered once added to the chain. There are two main types - public blockchains that anyone can participate in without permission and private blockchains that require an invitation. Popular blockchain platforms include Bitcoin, Ethereum, Hyperledger, R3 Corda, and others. Blockchain provides benefits like disintermediation, empowering users, high quality transparent data, and lower transaction costs. It can be used in financial areas like payments and supply chain management as well as non-financial areas like medical records and identity management.
Blockchain payments are completed in seconds rather than days. The ability to transfer money instantaneously helps businesses be more responsive, acting on or addressing customer needs without waiting for funds to come through.
Read more: https://www.cigniti.com/blog/blockchain-pain-points-payments/
This document discusses how blockchain technologies can benefit marketing and advertising. It provides examples of how blockchain is being used to address issues with digital advertising fraud and transparency. One collaboration uses blockchain to reduce reconciliation times and provide closer to real-time campaign data. Another partners media companies with IBM's blockchain to increase financial transparency in media buying. A third case discusses American Express using Hyperledger's blockchain to make its loyalty program more flexible by allowing merchants more control over rewards offers. The document promotes blockchain as a way to increase trust and market opportunities for marketers.
This thought leadership is a report detailing how Blockchain can be industrialized in ASEAN and how its potential can be unlocked across organizations.
The report also clearly illustrates the implications of Blockchain, its key developments, how it impacts countries across ASEAN and a five-point test for assessing the fit of Blockchain for specific processes, all serving to provide meaningful insights into the current state of the FinTech industry in the ASEAN region.
"This thought leadership is a report detailing how Blockchain can be industrialized in ASEAN and how its potential can be unlocked across organizations. The report also clearly illustrates the implications of Blockchain, its key developments, how it impacts countries across ASEAN and a five-point test for assessing the fit of Blockchain for specific processes, all serving to provide meaningful insights into the current state of the FinTech industry in the ASEAN region."
Blockchain technology provides several benefits for finance applications:
1. It enables more efficient processes, reduced costs, and new services in banking through open and secure networks.
2. It allows digital securities to be issued faster and at lower costs with more customization.
3. Applications include reducing fraud, improving security and trust through transparency and smart contracts, and enabling new tools for activities like clearing and settlement, collateral management, and insurance claims processing.
Similar to 8 Decimal Capital Enterprise Solution Overview (20)
Dandelion Hashtable: beyond billion requests per second on a commodity serverAntonios Katsarakis
This slide deck presents DLHT, a concurrent in-memory hashtable. Despite efforts to optimize hashtables, that go as far as sacrificing core functionality, state-of-the-art designs still incur multiple memory accesses per request and block request processing in three cases. First, most hashtables block while waiting for data to be retrieved from memory. Second, open-addressing designs, which represent the current state-of-the-art, either cannot free index slots on deletes or must block all requests to do so. Third, index resizes block every request until all objects are copied to the new index. Defying folklore wisdom, DLHT forgoes open-addressing and adopts a fully-featured and memory-aware closed-addressing design based on bounded cache-line-chaining. This design offers lock-free index operations and deletes that free slots instantly, (2) completes most requests with a single memory access, (3) utilizes software prefetching to hide memory latencies, and (4) employs a novel non-blocking and parallel resizing. In a commodity server and a memory-resident workload, DLHT surpasses 1.6B requests per second and provides 3.5x (12x) the throughput of the state-of-the-art closed-addressing (open-addressing) resizable hashtable on Gets (Deletes).
From Natural Language to Structured Solr Queries using LLMsSease
This talk draws on experimentation to enable AI applications with Solr. One important use case is to use AI for better accessibility and discoverability of the data: while User eXperience techniques, lexical search improvements, and data harmonization can take organizations to a good level of accessibility, a structural (or “cognitive” gap) remains between the data user needs and the data producer constraints.
That is where AI – and most importantly, Natural Language Processing and Large Language Model techniques – could make a difference. This natural language, conversational engine could facilitate access and usage of the data leveraging the semantics of any data source.
The objective of the presentation is to propose a technical approach and a way forward to achieve this goal.
The key concept is to enable users to express their search queries in natural language, which the LLM then enriches, interprets, and translates into structured queries based on the Solr index’s metadata.
This approach leverages the LLM’s ability to understand the nuances of natural language and the structure of documents within Apache Solr.
The LLM acts as an intermediary agent, offering a transparent experience to users automatically and potentially uncovering relevant documents that conventional search methods might overlook. The presentation will include the results of this experimental work, lessons learned, best practices, and the scope of future work that should improve the approach and make it production-ready.
In the realm of cybersecurity, offensive security practices act as a critical shield. By simulating real-world attacks in a controlled environment, these techniques expose vulnerabilities before malicious actors can exploit them. This proactive approach allows manufacturers to identify and fix weaknesses, significantly enhancing system security.
This presentation delves into the development of a system designed to mimic Galileo's Open Service signal using software-defined radio (SDR) technology. We'll begin with a foundational overview of both Global Navigation Satellite Systems (GNSS) and the intricacies of digital signal processing.
The presentation culminates in a live demonstration. We'll showcase the manipulation of Galileo's Open Service pilot signal, simulating an attack on various software and hardware systems. This practical demonstration serves to highlight the potential consequences of unaddressed vulnerabilities, emphasizing the importance of offensive security practices in safeguarding critical infrastructure.
Main news related to the CCS TSI 2023 (2023/1695)Jakub Marek
An English 🇬🇧 translation of a presentation to the speech I gave about the main changes brought by CCS TSI 2023 at the biggest Czech conference on Communications and signalling systems on Railways, which was held in Clarion Hotel Olomouc from 7th to 9th November 2023 (konferenceszt.cz). Attended by around 500 participants and 200 on-line followers.
The original Czech 🇨🇿 version of the presentation can be found here: https://www.slideshare.net/slideshow/hlavni-novinky-souvisejici-s-ccs-tsi-2023-2023-1695/269688092 .
The videorecording (in Czech) from the presentation is available here: https://youtu.be/WzjJWm4IyPk?si=SImb06tuXGb30BEH .
[OReilly Superstream] Occupy the Space: A grassroots guide to engineering (an...Jason Yip
The typical problem in product engineering is not bad strategy, so much as “no strategy”. This leads to confusion, lack of motivation, and incoherent action. The next time you look for a strategy and find an empty space, instead of waiting for it to be filled, I will show you how to fill it in yourself. If you’re wrong, it forces a correction. If you’re right, it helps create focus. I’ll share how I’ve approached this in the past, both what works and lessons for what didn’t work so well.
In our second session, we shall learn all about the main features and fundamentals of UiPath Studio that enable us to use the building blocks for any automation project.
📕 Detailed agenda:
Variables and Datatypes
Workflow Layouts
Arguments
Control Flows and Loops
Conditional Statements
💻 Extra training through UiPath Academy:
Variables, Constants, and Arguments in Studio
Control Flow in Studio
The Department of Veteran Affairs (VA) invited Taylor Paschal, Knowledge & Information Management Consultant at Enterprise Knowledge, to speak at a Knowledge Management Lunch and Learn hosted on June 12, 2024. All Office of Administration staff were invited to attend and received professional development credit for participating in the voluntary event.
The objectives of the Lunch and Learn presentation were to:
- Review what KM ‘is’ and ‘isn’t’
- Understand the value of KM and the benefits of engaging
- Define and reflect on your “what’s in it for me?”
- Share actionable ways you can participate in Knowledge - - Capture & Transfer
Must Know Postgres Extension for DBA and Developer during MigrationMydbops
Mydbops Opensource Database Meetup 16
Topic: Must-Know PostgreSQL Extensions for Developers and DBAs During Migration
Speaker: Deepak Mahto, Founder of DataCloudGaze Consulting
Date & Time: 8th June | 10 AM - 1 PM IST
Venue: Bangalore International Centre, Bangalore
Abstract: Discover how PostgreSQL extensions can be your secret weapon! This talk explores how key extensions enhance database capabilities and streamline the migration process for users moving from other relational databases like Oracle.
Key Takeaways:
* Learn about crucial extensions like oracle_fdw, pgtt, and pg_audit that ease migration complexities.
* Gain valuable strategies for implementing these extensions in PostgreSQL to achieve license freedom.
* Discover how these key extensions can empower both developers and DBAs during the migration process.
* Don't miss this chance to gain practical knowledge from an industry expert and stay updated on the latest open-source database trends.
Mydbops Managed Services specializes in taking the pain out of database management while optimizing performance. Since 2015, we have been providing top-notch support and assistance for the top three open-source databases: MySQL, MongoDB, and PostgreSQL.
Our team offers a wide range of services, including assistance, support, consulting, 24/7 operations, and expertise in all relevant technologies. We help organizations improve their database's performance, scalability, efficiency, and availability.
Contact us: info@mydbops.com
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"$10 thousand per minute of downtime: architecture, queues, streaming and fin...Fwdays
Direct losses from downtime in 1 minute = $5-$10 thousand dollars. Reputation is priceless.
As part of the talk, we will consider the architectural strategies necessary for the development of highly loaded fintech solutions. We will focus on using queues and streaming to efficiently work and manage large amounts of data in real-time and to minimize latency.
We will focus special attention on the architectural patterns used in the design of the fintech system, microservices and event-driven architecture, which ensure scalability, fault tolerance, and consistency of the entire system.
AppSec PNW: Android and iOS Application Security with MobSFAjin Abraham
Mobile Security Framework - MobSF is a free and open source automated mobile application security testing environment designed to help security engineers, researchers, developers, and penetration testers to identify security vulnerabilities, malicious behaviours and privacy concerns in mobile applications using static and dynamic analysis. It supports all the popular mobile application binaries and source code formats built for Android and iOS devices. In addition to automated security assessment, it also offers an interactive testing environment to build and execute scenario based test/fuzz cases against the application.
This talk covers:
Using MobSF for static analysis of mobile applications.
Interactive dynamic security assessment of Android and iOS applications.
Solving Mobile app CTF challenges.
Reverse engineering and runtime analysis of Mobile malware.
How to shift left and integrate MobSF/mobsfscan SAST and DAST in your build pipeline.
For the full video of this presentation, please visit: https://www.edge-ai-vision.com/2024/06/temporal-event-neural-networks-a-more-efficient-alternative-to-the-transformer-a-presentation-from-brainchip/
Chris Jones, Director of Product Management at BrainChip , presents the “Temporal Event Neural Networks: A More Efficient Alternative to the Transformer” tutorial at the May 2024 Embedded Vision Summit.
The expansion of AI services necessitates enhanced computational capabilities on edge devices. Temporal Event Neural Networks (TENNs), developed by BrainChip, represent a novel and highly efficient state-space network. TENNs demonstrate exceptional proficiency in handling multi-dimensional streaming data, facilitating advancements in object detection, action recognition, speech enhancement and language model/sequence generation. Through the utilization of polynomial-based continuous convolutions, TENNs streamline models, expedite training processes and significantly diminish memory requirements, achieving notable reductions of up to 50x in parameters and 5,000x in energy consumption compared to prevailing methodologies like transformers.
Integration with BrainChip’s Akida neuromorphic hardware IP further enhances TENNs’ capabilities, enabling the realization of highly capable, portable and passively cooled edge devices. This presentation delves into the technical innovations underlying TENNs, presents real-world benchmarks, and elucidates how this cutting-edge approach is positioned to revolutionize edge AI across diverse applications.
Session 1 - Intro to Robotic Process Automation.pdfUiPathCommunity
👉 Check out our full 'Africa Series - Automation Student Developers (EN)' page to register for the full program:
https://bit.ly/Automation_Student_Kickstart
In this session, we shall introduce you to the world of automation, the UiPath Platform, and guide you on how to install and setup UiPath Studio on your Windows PC.
📕 Detailed agenda:
What is RPA? Benefits of RPA?
RPA Applications
The UiPath End-to-End Automation Platform
UiPath Studio CE Installation and Setup
💻 Extra training through UiPath Academy:
Introduction to Automation
UiPath Business Automation Platform
Explore automation development with UiPath Studio
👉 Register here for our upcoming Session 2 on June 20: Introduction to UiPath Studio Fundamentals: https://community.uipath.com/events/details/uipath-lagos-presents-session-2-introduction-to-uipath-studio-fundamentals/
inQuba Webinar Mastering Customer Journey Management with Dr Graham HillLizaNolte
HERE IS YOUR WEBINAR CONTENT! 'Mastering Customer Journey Management with Dr. Graham Hill'. We hope you find the webinar recording both insightful and enjoyable.
In this webinar, we explored essential aspects of Customer Journey Management and personalization. Here’s a summary of the key insights and topics discussed:
Key Takeaways:
Understanding the Customer Journey: Dr. Hill emphasized the importance of mapping and understanding the complete customer journey to identify touchpoints and opportunities for improvement.
Personalization Strategies: We discussed how to leverage data and insights to create personalized experiences that resonate with customers.
Technology Integration: Insights were shared on how inQuba’s advanced technology can streamline customer interactions and drive operational efficiency.
inQuba Webinar Mastering Customer Journey Management with Dr Graham Hill
8 Decimal Capital Enterprise Solution Overview
1. Disclaimer: The information contained in this document and its included confidential information should not be disclosed. In
addition to the fund investors, no person shall distribute, copy, print or use any part of this document set out for any content
thereof
Enterprise Blockchain
Remi Gai, Venture Associate
2. Agenda 2
By 2030, blockchain will have a value-add of over $3 trillion worldwide from cost reductions and
revenue gains (Gartner).
Overview, Definition, Importance, Landscape,
Costs/Benefits/Risks, Advantages/Disadvantages
compared to public blockchains.
Different Use Cases, Market Opportunities and
Example Companies.
Current State of Enterprise Blockchain Adoption,
Obstacles, Growth Factors, Forecast of Blockchain
Technology Evolution and Outlook of Adoption.
1
3
2
3. Blockchain Came in Two Phases
Blockchain 1.0: Blockchain was first introduced in 2009 with its first application, Bitcoin. In its
simplest form, Blockchain is a decentralized digital database, in which untrusted parties can share
digital history and reach consensus without a middleman.
Benefits:
Benefits:
Decentralization Transparency
Programmability
Security Immutability
EfficiencySelf-Execution Audibility
Blockchain 2.0: Introduced by Ethereum with smart contracts, the utilization of blockchain has
grown beyond cryptocurrencies, enabling interorganizational use cases. This enables for exchange of
value in a truly peer-to-peer fashion, without the involvement of middlemen, and the potential for a
programmable economy.
4. Decentralized Apps Have a Different Infrastructure
Traditional Web
Applications
Decentralized
Applications
Web App
Front End
dApp
Front End
Web App
Back End
dApp
Back End
API
Smart Contract
Database
Blockchain
5. Humans need regulated social interactions enforced by laws to make people accountable for
having a sense of control (ex: land registry needs an ultimate central authority as guarantor).
The Internet - illusion of disintermediation, but
controlled by centralized giants.
Humans need selfish, controlled and regulated complex social interactions to fulfill their basic
needs for survival.
Central authorities won’t disappear - public blockchain could be an interim solution, but
eventually humans will create a central authority with people who are accountable for safety
and security to fulfilling their lowest-level basic needs.
Public Blockchains Won’t Replace Central Authorities
6. Consortium Decentralization:
Hybrid of public and private
model. The network is
maintained by trusted members
from different organizations.
Public Decentralization:
Any public participants can
join the network and open,
read and write in a
permissionless mode.
Private Decentralization:
All the participants are
known and part of internal
business units or divisions
from the same entity.
Enterprise Blockchains are Private or Hybrid
7. Currently There isn’t a Clear Winner in the Enterprise
Solution Landscape
Permissionless (Public) Permissioned (Private/Hybrid)
*List is not complete
8. Ethereum, Hyperledger and R3’s Corda are the Most
Popular Blockchain Solutions for POCs in 2018
In 2017, three key blockchain technologies —
Ethereum, Hyperledger and Ripple — dominated
POC implementations. In 2018, R3's Corda moved
into third place and Ripple fell back.
9. Overview of Popular Enterprise Blockchain Solutions
● 15 of 50 world’s biggest bank work with Ripple for real-time gross settlement system (RTGS),
currency exchange and remittance network.
● Allow any currency, cryptocurrency, loyalty points and fiat currencies to easily exchanges with
one-another.
● The most mature public blockchain, with over 250 members part of the Ethereum Enterprise
Alliance (EEA).
● Ethereum was not designed to address enterprise framework issues such as privacy, scalability,
performance, peer to peer networking etc.
● Hosted by Linux, backed by IBM and Intel.
● Hyperledger is the umbrella project that offers open source solutions that can solve many of the
requirements of an enterprise Blockchain framework.
● Leads a consortium of more than 200 of the world’s biggest banks and financial institutions.
● Suit the needs of financial institutes such as speed, privacy, scalability, and security.
Ethereum
Hyperledger
R3’s Corda
Ripple
10. Staff training
Lack of network
adoption
Enterprises Should Evaluate Blockchain Based on
its Costs, Benefits and Risks
Costs
Benefits
Risks
No central authority
and point of failure
Traceability Immutability
Improved efficiency
New revenue
opportunities
Digitization of
assets
Technology Implementation
Integration
Ecosystem
management
System duplication
Missed
expectations
Immaturity of
technology
Legal and
compliance
Lack of standards
Protection and
privacy
11. Private/Hybrid Blockchain Can Satisfy the Needs and
Requirements of Enterprises
Open to regulatory
oversights
Scalability
Faults can quickly be fixed
Trusted participants
Privacy
Easier governance and
policy enforcement
Cheaper transactions
Does not involve
cryptocurrencies
12. Enterprise Blockchain Have Some Disadvantages
Compared to Public Blockchain
Fragmented networkNot open source
Limited developer
resources
Cooperation vs Competition
Security risks as
consortium grows
13. Use Case: Ecommerce/Retail
Current Solution:
● Giants such as Amazon, Alibaba, and eBay
have the majority of the eCommerce market,
providing a trusted marketplace for buyers
and sellers for a fee.
● Identity and data of users are controlled by
the providers.
Blockchain Solution:
● A blockchain based retail platform can cut out middlemen, allowing buyers and sellers to trade
directly with each other.
● No transaction or service fees.
● Traceability on the authenticity of products.
Market Size:
In 2017, retail e-commerce sales worldwide
amounted to 2.3 trillion US dollars and e-retail
revenues are projected to grow to 4.88 trillion
US dollars in 2021 (Statista 2018).
14. Example: OpenBazaar
OpenBazaar is an eCommerce P2P marketplace built on
Blockchain.
● Payment is conducted in Bitcoin and 50 other
cryptocurrencies.
● Multi-signature escrow is utilized to prevent frauds and
scammers.
● Buyers and Sellers define a mutually trusted third-party to
validate trades or settle disputes.
● Users have complete control on their own data and
transactions.
Blockchain Value: offers free, transparent and secure trades while
avoiding risks of identity and credit card data theft.
Investors:
Total Funding: 4 Fundings / $9M
15. Use Case: Global Transactions
Current Solution:
● Billions of cross-border transactions happen
on a daily basis, facilitated by banks and
payment solutions such as VISA.
● Global transactions usually take days to
complete and involve various costs due to
multiple layers of currency exchange.
Blockchain Solution:
● Cross-border transactions through cryptocurrencies are faster, more cost-efficient and secure
than payments through banks and other services such as SWIFT.
● Businesses are facing less risks with reduced settlement time (payment by cards usually take
several days).
Market Size:
In 2018, the total transaction value in Digital
Payments amounts to $3.4 trillions and is
expected to grow to 5.7 trillions by 2022
(Statista 2018).
16. Example: IBM’s Blockchain World Wire
IBM’s universal blockchain payment solution is a new financial rail
that simultaneously clears and settles cross-border payments in
near real-time (10-15 seconds vs several days):
● Using blockchain technology and the Stellar protocol: The
first fiat is converted into the agreed digital asset as bridge
(stable coin, bank digital currency or other digital currency),
then World Wire converts it back into the second asset,
completing and recording the transaction on the blockchain
for clearing.
● The solution has been introduced to process transactions in
12 currency corridors across the Pacific Islands and
Australia, New Zealand, and the United Kingdom.
Blockchain Value: Faster payment processing, lower costs, and
increased efficiency.
Source: IBM
17. Use Case: Supply Chain Management
Current Solution:
● Involves large amount of physical paperwork
with complex point-to-point communication
and coordination between multiple parties.
● All these complexities lead to a slow
process and high risk for error, loss and
fraud.
Blockchain Solution:
● Allows data and documents to be recorded and shared in a transparent way among parties.
● Tamper-proof data and documents, reducing the chances for fraud.
● Increases overall efficiency in the flow of goods and reduces clearance time and costs.
● Automated and guaranteed payment through smart contracts upon delivery of goods.
Market Size:
Supply Chain Management Software
reached a total of $12.2B in 2017 (Gartner)
and is expected to reach $22.7 billion by
2024 (Grand View Research).
18. Example: IBM and Maersk Joint Venture
IBM and Maersk established a joint venture, TradeLens, in order to
increase the efficiency and transparency of global trade through
blockchain technology.
● The goal is to eliminate frictions in P2P communications by
offering a tamper-proof supply chain management software
that digitizes documents and simplifies trade workflow, with
the capabilities to track millions of shipments and integrate
with customs and authorities.
● The cost of global trade is estimated at $1.8 trillion annually
with potential savings from more efficient process of ~10
percent (IBM).
Blockchain Value: Increased flow efficiency, transparency,
traceability, reduced costs, errors and risks for frauds.
Source: IBM
19. Use Case: Energy Management
Current Solution:
● The energy industry is highly centralized in
which consumers can only buy electricity
from public grid or trusted intermediaries.
● The transaction costs are high due to the
involvement of multiple parties, from
electricity generation to certification to sales.
● Risks of error and fraud in the data.
Blockchain Solution:
● Peer-to-peer energy trading, allowing smaller power generators (solar panels etc) to join the
ecosystem and eliminating the need for brokers.
● Tamper proof recording of electricity data produced or consumed by meters
● Faster payment based on energy consumption
Market Size:
The Global Energy Management Systems
Market size is expected to reach $62.3
billion by 2023, from $25.9 billion in 2016
(Allied Market Research).
20. Example: LO3 Energy
LO3 is an energy technology company that enables local
communities to create, deploy and monetize energy in a peer-to-
peer marketplace.
● TransActive Grid is a subsidiary of LO3 Energy, an energy
transaction network built on Ethereum and hardware devices
(TAGs) based on an IP partnership with Consensys.
● Locally generated green energy can be traded and
monetized.
● In case of power outages and emergencies, residents can
receive power from alternative sources
Blockchain Value: peer-to-peer energy trading, transparency,
auditability
Investors:
Total Funding: 3 Fundings / $6M
21. Use Case: Health Records Management
Current Solution:
● Lack of trusted framework that allows two or
more systems to trust each other and use
health records with shared accountability.
● The error rates for successful identification
or integration are high (up to 25% for
hospitals and 50-60% outside of hospitals).
Blockchain Solution:
● Access to cryptographically secure, immutable and real-time patient data on the blockchain.
● Secure storage of patient data with access control.
● Predefined user access rules, allowing for multi-party collaboration and access-based
remuneration.
Market Size:
The global electronic health record market
generated $22.3 billion revenue in 2017 and
is predicted to progress at a CAGR of 5.4%
during 2018–2023 (P&S Market Research).
22. Example: Guardtime
Guartime is a data integrity service provider that stores data
fingerprints (hashes) on the blockchain and allows users to verify if
their data has been tampered with.
● One of the largest blockchain company by revenue and
customers (focuses on multiple verticals).
● Keyless Signature Infrastructure (KSI) Blockchain as Service.
● Partnership with the Estonian government’s E-Health
Foundation, in which their proprietary KSI blockchain platform
ensures that healthcare record access and alteration are
permanently logged for over 1 million health records.
Blockchain Value: Data security and confidentiality, privacy and
integrity, auditability
Investors:
Total Funding: 3 Fundings / $8M
23. Use Case: Syndicated Loans
Current Solution:
● Lack of transparency in the process of
syndicating loans to investors, and in the
pricing as each party maintains its own
records.
● Settlement takes time, locking up significant
amount of capital.
● Booking and serving costs are very high.
Blockchain Solution:
● Benefits of transparent record keeping, providing a more economically ‘optimal’ structure
discovery.
● Faster settlement time in trading, improving liquidity and more efficient capital allocation.
● Lower servicing costs by reducing back office and middle office costs from booking to payoff.
Market Size:
Global syndicated lending totaled US$ 4.6
trillion from 9,887 transactions during full
year 2017, a 12% increase in proceeds and
a 3% increase in number of completed
loans compared to last year (Thomson
Reuters).
24. Example: Fusion LenderComm
Finastra is the third largest financial technology company in the
world. Its new product, Fusion LenderComm, is a syndicated
lending platform built on R3’s Corda distributed ledger technology.
● Created in collaboration with large banks including BNP
Paribas, BNY Mellon, HSBC, ING and State Street.
● Agents can publish loan data on the ledger, providing direct
information access and self-service capabilities to lenders.
● Fusion LenderComm is promoted as an extension of its Loan
IQ asset-servicing application used by agent bank
administrators of syndicated loans.
Blockchain Value: Real time data, transparency, reduced friction
and costs in agent-to-lenders administration
25. Use Case: ERP Systems
Current Solution:
● Each organization has their own set of
records and version of the truth.
● Miscommunication and lack of trust between
business partners make it harder for
business transactions to take place.
● Transactions are costly and difficult to track.
Blockchain Solution:
● A single shared ledger that can be accessed securely by all parties in the network, providing
transparency and a more objective truth.
● Digitization of business processes involved in the transfer of goods.
● Reduces the costs of tracking and reporting.
Market Size:
Global ERP Software Market is expected to
garner $41.69 billion by 2020, registering a
CAGR of 7.2% during the forecast period
2014 - 2020 (Allied Market Research).
26. Example: IBM Blockchain x Oracle ERP Cloud
IBM’s Oracle Enterprise applications team is working on integrating
their blockchain solutions with Oracle ERP cloud.
● Takes information stored in each company’s ERP silos and
makes it available in a single shared, trusted system of
record across multiple companies.
● Digitization of business processes (goods, services, assets)
● A network of suppliers, customers, bankers, logistics
providers and other business partners.
Blockchain Value: Security, transparency, immutability, increased
efficiency, reduced time, costs, and risks
27. Enterprise Blockchain Adoption Face Obstacles on the
Business and Technology Sides
Business:
● Struggle to identify high-value use
cases and benefits.
● Struggle to align business benefits
and strategy.
● Cannot estimate the impacts on
business, operating and technology.
● Difficulty in working in Consortia
because the benefits are not
straightforward with competing
interests and significant governance
requirements.
Technology:
● Lack of consensus algorithms that
allows scalability while preserving
security, reliability and privacy.
● Immaturity in interoperability.
● No common language for different
smart contracts.
● Challenges in user-friendly UI/UX.
● Lack of software development
toolkits.
29. Blockchain Adoption Depends on Several Growth
Factors
Government Policy
Technology Maturity
Ecosystem Adoption Community
Successful Use Cases
30. Blockchain Business Value Will Go Through 3 Phases
Phase 1, 2018-2021:
Light adoption in which
enterprises are exploring
ways to achieve the most
impact.
Phase 2, 2022-2026:
Beginning of targeted
large initiatives and
discovery of many
successful business
models.
Phase 3, 2027-2030:
Large-scale value-add of
$3 trillion worldwide from
cost reductions and
revenue gains.
By 2030: 30% of the global customer base will be made up of things, and those things will use
blockchain as a foundational technology with which to conduct commercial activity.
31. Blockchain Mainstream Adoption will Happen at a
Different Pace for Different Industries
2-5 years 5-10 years >10 years
Cryptocurrencies
Digital Commodity Exchanges
Advertising
Banking and Investment Services
Government
Insurance
Logistics and Transportation
Oil and Gas
DAO
Internet of Things
Customer Service
Education
Media and Entertainment
Utilities
Reward Models
Digital Fiat
Supply Chain
Healthcare
Life Sciences
Retail
Smart Assets
Manufacturing
32. Enterprise blockchain is
still at an early stage
with little to no actual
deployment.
Conclusion: Blockchain is still in its Early Stage and
Will Be a Disruptive Technology in Many Industries
The winning use cases
need to solve current
problems and justify the
benefits, costs, and risks.
Enterprise blockchain
will evolve to scale and
integrate both private
and public blockchains.
Blockchain will be
transformational in many
industries with
undiscovered potentials.