The document discusses ABCD (Artificial Intelligence, Blockchain, Cyber Security, Data) and how it is changing the world. It discusses the blockchain ecosystem in Asia, including opportunities and challenges. Key points include:
- Blockchain enables trust in business transactions through decentralization.
- Countries' IT infrastructure readiness will determine their success with blockchain.
- Collaboration is needed for blockchain innovation to thrive.
- Adoption will be gradual, requiring awareness, adoption, and acceptance over time.
- Security, privacy, scalability and interoperability challenges must be addressed through flexible strategies.
A blockchain is a decentralised database that is shared across computer network nodes. A blockchain acts as a database, storing information in a digital format. The study primarily aims to explore how in the future, block chain technology will alter several areas of the Indian economy. The current study aims to obtain a deeper understanding of blockchain technology's idea and implementation in India, as well as the technology's potential as a disruptive financial technological innovation.
Secondary sources such as reports, journals, papers, and websites were used to compile all the data. Current and relevant information were utilised to help understand the research goals. All the information is rationally organised to fulfil the objectives. The current research focuses on recommendations for enhancing India's Blockchain ecosystem so that it may become one of the best in the world at utilising this new technology.
When Ostrom Meets Blockchain: Exploring the Potentials of Blockchain for Comm...David Rozas
Presentation at "Validation rules for blockchain research: International workshop on scholarly blockchain research priorities" - Institute for Information Law, University of Amsterdam (Amsterdam, 04/12/2018).
Software Architecture and Model-driven Engineering for Blockchain ApplicationsIngo Weber
My keynote slides from the Second International Symposium on Foundations and Applications of Blockchain 2019 (FAB '19) and a talk I gave the day before at Google. In this talk, I'm giving an overview of our research in Software Architecture, Model-Driven Engineering, Dependability / Availability, and Business Process Execution in the context of Blockchain. It's a summary of our book: X. Xu, I. Weber, M. Staples, Architecture for Blockchain Applications, Springer 2019
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.
Blockchain law and governance: General Conclusion -- Milan, October 2019Tony Lai
Slides for a presentation given by Tony Lai to conclude the conference on Blockchain Law and Governance – Good for All: Towards a Paradigm Shift, at the Università degli Studi di Milano, on October 26th, 2019. https://apps.unimi.it/web/eventi/resources/external/uploaded/3853_555.pdf
A blockchain is a decentralised database that is shared across computer network nodes. A blockchain acts as a database, storing information in a digital format. The study primarily aims to explore how in the future, block chain technology will alter several areas of the Indian economy. The current study aims to obtain a deeper understanding of blockchain technology's idea and implementation in India, as well as the technology's potential as a disruptive financial technological innovation.
Secondary sources such as reports, journals, papers, and websites were used to compile all the data. Current and relevant information were utilised to help understand the research goals. All the information is rationally organised to fulfil the objectives. The current research focuses on recommendations for enhancing India's Blockchain ecosystem so that it may become one of the best in the world at utilising this new technology.
When Ostrom Meets Blockchain: Exploring the Potentials of Blockchain for Comm...David Rozas
Presentation at "Validation rules for blockchain research: International workshop on scholarly blockchain research priorities" - Institute for Information Law, University of Amsterdam (Amsterdam, 04/12/2018).
Software Architecture and Model-driven Engineering for Blockchain ApplicationsIngo Weber
My keynote slides from the Second International Symposium on Foundations and Applications of Blockchain 2019 (FAB '19) and a talk I gave the day before at Google. In this talk, I'm giving an overview of our research in Software Architecture, Model-Driven Engineering, Dependability / Availability, and Business Process Execution in the context of Blockchain. It's a summary of our book: X. Xu, I. Weber, M. Staples, Architecture for Blockchain Applications, Springer 2019
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.
Blockchain law and governance: General Conclusion -- Milan, October 2019Tony Lai
Slides for a presentation given by Tony Lai to conclude the conference on Blockchain Law and Governance – Good for All: Towards a Paradigm Shift, at the Università degli Studi di Milano, on October 26th, 2019. https://apps.unimi.it/web/eventi/resources/external/uploaded/3853_555.pdf
These slides were presented at the International Scientific Conference of Business Economics Management and Marketing (ISCOBEMM 2019), September 5th - 6th 2019 in Prušánky – Nechory, Czech Republic.
This is a presentation that the CEO of HyperTrends Global Inc. Anup Marwadi (https://www.hypertrends.com) gave to the San Diego's RMA Chapter (https://www.sandiegorma.org/product/san-diego-chapter-dinner-01092019/).
In this presentation, Anup goes over the fundamentals of Blockchain, Hashing, Cryptocurrencies as well as various different applications of the Blockchain as it pertains to the banking sector.
Feel free to share this around.
Introduction to Blockchain for BusinessFito Benitez
This presentation introduces the viewer to:
1. blockchain in the context of general purpose technologies (GPTs) as introduced by R. Lipsey on his book Economic Transformations,
2. how innovation leads us to the blockchain and what fundamental problem it solves in today's digital value transactions.
3. the basics of blockchain for business,
4. what is tokenisation, what kind of token categories exist, and how are these category tokens generated.
Blockchain in Industry 4.0 - How the Oil and Gas Industry is Utilizing these ...Mike Bingle-Davis
Presented at the American Association of Petroleum Geologists Rocky Mountain Section Meeting in 2019. It gives an overview of what blockchain is, how it works as a secure network, where it can be applied in down, mid, and upstream.
A broad-ranging introduction into Blockchain, the Mental Models to use to think about its implications (Blockchain as a Database, as a City and as a Continent); and a technical introduction into the key ingredients to build a blockchain as well as dApps.
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 and Internet of Things: Why a Perfect MatchFabio Antonelli
While blockchain gained a lot of interest particularly in the FinTech domain, it is in the IoT space that most of the advantages brought by blockchain could be exploited. In this talk you will see how blockchain can help in addressing some of the most challenging problems of IoT such as scalability, security, data privacy and why the decentralised nature of blockchain perfectly matches with the intrinsic distributed and decentralised nature of IoT.
At the 2017 NC Digital Government Summit, I gave a presentation to demystify Blockchain. The presentation explained what is blockchain, compared primitive trade to Burning Man -- and, highlighted the record and public key; then ended with specific use cases.
"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.
You can choose the Blockchain certification course offered by Blockchain Council. These online certification programs are a great way to ensure that you become a part of the ever-changing and growing technologies.
Its origins may be traced all the way back to the blockchain technology. There are decentralized blockchain networks. Blockchain technology is a wonderful innovation of the twenty-first century.
Blockchain and BPM - Reflections on Four Years of Research and ApplicationsIngo Weber
In this keynote, delivered at the Blockchain Forum of BPM 2019, I summarized and reflected on research on BPM and blockchain over the last four years, including model-driven engineering, process execution, and analysis and process mining. I also covered selected use cases and applications, as well as recent insights on adoption. The keynote closed with a discussion of open research questions.
Get in-depth insights on the emergence, growth and future prospects of Blockchain in India. The historical timeline of the Blockchain technology in India. A detailed breakdown of the Blockchain technology and decoding the types of Blockchain currently in use.
These slides were presented at the International Scientific Conference of Business Economics Management and Marketing (ISCOBEMM 2019), September 5th - 6th 2019 in Prušánky – Nechory, Czech Republic.
This is a presentation that the CEO of HyperTrends Global Inc. Anup Marwadi (https://www.hypertrends.com) gave to the San Diego's RMA Chapter (https://www.sandiegorma.org/product/san-diego-chapter-dinner-01092019/).
In this presentation, Anup goes over the fundamentals of Blockchain, Hashing, Cryptocurrencies as well as various different applications of the Blockchain as it pertains to the banking sector.
Feel free to share this around.
Introduction to Blockchain for BusinessFito Benitez
This presentation introduces the viewer to:
1. blockchain in the context of general purpose technologies (GPTs) as introduced by R. Lipsey on his book Economic Transformations,
2. how innovation leads us to the blockchain and what fundamental problem it solves in today's digital value transactions.
3. the basics of blockchain for business,
4. what is tokenisation, what kind of token categories exist, and how are these category tokens generated.
Blockchain in Industry 4.0 - How the Oil and Gas Industry is Utilizing these ...Mike Bingle-Davis
Presented at the American Association of Petroleum Geologists Rocky Mountain Section Meeting in 2019. It gives an overview of what blockchain is, how it works as a secure network, where it can be applied in down, mid, and upstream.
A broad-ranging introduction into Blockchain, the Mental Models to use to think about its implications (Blockchain as a Database, as a City and as a Continent); and a technical introduction into the key ingredients to build a blockchain as well as dApps.
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 and Internet of Things: Why a Perfect MatchFabio Antonelli
While blockchain gained a lot of interest particularly in the FinTech domain, it is in the IoT space that most of the advantages brought by blockchain could be exploited. In this talk you will see how blockchain can help in addressing some of the most challenging problems of IoT such as scalability, security, data privacy and why the decentralised nature of blockchain perfectly matches with the intrinsic distributed and decentralised nature of IoT.
At the 2017 NC Digital Government Summit, I gave a presentation to demystify Blockchain. The presentation explained what is blockchain, compared primitive trade to Burning Man -- and, highlighted the record and public key; then ended with specific use cases.
"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.
You can choose the Blockchain certification course offered by Blockchain Council. These online certification programs are a great way to ensure that you become a part of the ever-changing and growing technologies.
Its origins may be traced all the way back to the blockchain technology. There are decentralized blockchain networks. Blockchain technology is a wonderful innovation of the twenty-first century.
Blockchain and BPM - Reflections on Four Years of Research and ApplicationsIngo Weber
In this keynote, delivered at the Blockchain Forum of BPM 2019, I summarized and reflected on research on BPM and blockchain over the last four years, including model-driven engineering, process execution, and analysis and process mining. I also covered selected use cases and applications, as well as recent insights on adoption. The keynote closed with a discussion of open research questions.
Get in-depth insights on the emergence, growth and future prospects of Blockchain in India. The historical timeline of the Blockchain technology in India. A detailed breakdown of the Blockchain technology and decoding the types of Blockchain currently in use.
PLAGIARISM SCAN REPORT
Date 2020-03-16
Words 865
Characters 5478
Content Checked For Plagiarism
Blockchain Student’s name Institutional affiliation Submission date Introduction Blockchain technology has been art=tracing a lot of oftenest
from many industries. This blockchain has enhanced many developments, unlike any other feed that is associated with the internet. His is
attributed to how individuals and organizations will be functioning (Swan, 2015). .in addition, block chain is said to be going to have changes
to the way the governments are run and how certain aspects in society will apply the I=enforcement of varied transactions. In the past
centuries, trust has been I the hand s of large corporations such as banks s but the development of the Blockchain will create an arena
through which power will be dynamic, and there will be space for new channels for validation of information. Functionality Blockchains are
made up of data sets that are made up of smaller chains of data packages known as blocks. A block is made up of multiple transactions.
Therefore, the Blockchain arises from the addition of new blocks. A complete blockchain is a representation of an entire ledger that has
transaction history. The functionality of the blockchain state that transactions are not automatically added to the leger that is in place. The
application of the general agreement will allow transactions to be stored I a block for a certain amount of time before being transferred to the
ledger. The implication of the Blockchain The Blockchain is a ledger that holds the records of all transactions that have been processed by a
network in addition to allowing the user computer top to give a verification of the operation that has taken place. The distributed ledger system
is vital because, in contrast to the centralized systems, the functionalities of the network persist even if the particular nodes break down.
Therefore, the significant impact that Blockchain has is the fact that trust is no longer an issue of concern. Digital assets can be developed
and managed by the use of a blockchain channel. The Blockchain enables the space for selective transparency and privacy that is attained by
the use of cryptographic technologies. Clarity can bring up the ethics that are associated with a company. (Salah et al. 2019). Advantages of
Blockchain Immutability is the essence by which it refers to the fact that past transactions cannot be altered since multiple copies of the
Blockchain are preserved and taken care of by the general agreement across the networks. Data that is stored you the block cannot be lasted
thereof secure enough The Blockchain enables the idea associated with verifiability whereby anion within the system, can check by
themselves if the rules of the system in place are being adhered to. Thus the information cannot be manipulated. The information sobered
within the block can be accessed even if the peers go or l.
PLAGIARISM SCAN REPORT
Date 2020-03-16
Words 865
Characters 5478
Content Checked For Plagiarism
Blockchain Student’s name Institutional affiliation Submission date Introduction Blockchain technology has been art=tracing a lot of oftenest
from many industries. This blockchain has enhanced many developments, unlike any other feed that is associated with the internet. His is
attributed to how individuals and organizations will be functioning (Swan, 2015). .in addition, block chain is said to be going to have changes
to the way the governments are run and how certain aspects in society will apply the I=enforcement of varied transactions. In the past
centuries, trust has been I the hand s of large corporations such as banks s but the development of the Blockchain will create an arena
through which power will be dynamic, and there will be space for new channels for validation of information. Functionality Blockchains are
made up of data sets that are made up of smaller chains of data packages known as blocks. A block is made up of multiple transactions.
Therefore, the Blockchain arises from the addition of new blocks. A complete blockchain is a representation of an entire ledger that has
transaction history. The functionality of the blockchain state that transactions are not automatically added to the leger that is in place. The
application of the general agreement will allow transactions to be stored I a block for a certain amount of time before being transferred to the
ledger. The implication of the Blockchain The Blockchain is a ledger that holds the records of all transactions that have been processed by a
network in addition to allowing the user computer top to give a verification of the operation that has taken place. The distributed ledger system
is vital because, in contrast to the centralized systems, the functionalities of the network persist even if the particular nodes break down.
Therefore, the significant impact that Blockchain has is the fact that trust is no longer an issue of concern. Digital assets can be developed
and managed by the use of a blockchain channel. The Blockchain enables the space for selective transparency and privacy that is attained by
the use of cryptographic technologies. Clarity can bring up the ethics that are associated with a company. (Salah et al. 2019). Advantages of
Blockchain Immutability is the essence by which it refers to the fact that past transactions cannot be altered since multiple copies of the
Blockchain are preserved and taken care of by the general agreement across the networks. Data that is stored you the block cannot be lasted
thereof secure enough The Blockchain enables the idea associated with verifiability whereby anion within the system, can check by
themselves if the rules of the system in place are being adhered to. Thus the information cannot be manipulated. The information sobered
within the block can be accessed even if the peers go or l ...
Running head BLOCKCHAIN TECHNOLOGY BEYOND CRYPTOCURRENCY1B.docxtoddr4
Running head: BLOCKCHAIN TECHNOLOGY: BEYOND CRYPTOCURRENCY
1
BLOCKCHAIN TECHNOLOGY: BEYOND CRYPTOCURRENCY
7
Block-chain Technology: Beyond Crypto-currency
Christophe Bassono
University of Nebraska Omaha
CYBR-4360-860-Foundation of IA
Assignment: Semester Project Presentation
Block-chain Technology: Beyond the Crypto-currency
Contents
Contents
2
Abstract
3
Introduction
3
Fundamentals of Block-chain Technology
4
Application of Block-chain Beyond Crypto-currency
5
Future of Block-chain
8
Conclusion
8
Abstract
Block-chain is relatively new; therefore, a representative research sample is presented that spans over the last couple of years from the earlier literature addressing the field. The different usage types of Block-chain, as well as the digital ledger methods, applications, challenges privacy, and security issues, are examined. The technology constitutes two distinct components including block and transaction. Block refers to the collection of data, transaction recording, as well as other related details such as the creation of timestamp, correct sequence, et cetera. Blockchain which is the digital technology fundamental for crypto-currency has managed to bring forth a novel revolution through the provision of a mechanism that can be used for peer-to-peer transactions (P2P). The blockchain is a globally accepted ledger that is capable of achieving numerous new applications beyond transaction verification. Bitcoin that is progressively gaining awareness around the world is a vital example of Blockchain in practice. The block-chain technology is still at the stage of building up and is expected to be full-blown in the next few years. Introduction
The predominant goal of this proposal is to outline the literature on the functionality of Block-chain and other techniques of the digital ledger in several different spheres of influence beyond its use to crypto-currency and to come up with an appropriate conclusion. The technology of block-chain is relatively new; therefore, a representative research sample is presented that spans over the last couple of years from the earlier literature addressing the field. The different usage types of Block-chain, as well as the digital ledger methods, applications, challenges privacy, and security issues, are examined. However, the main focus of this proposal is to determine the most auspicious for future application of Block-chain beyond crypto-currency.
Block-chain is the technology that facilitates the system of Bitcoin crypto-currency, which is also regarded to be important in the formation of the backbone that guarantees privacy and security of several applications in different areas such as the eco-system of the Internet of Things. The block-chain technology has also been successfully applied in the industrial and the educational sectors (Pilkington, 2016). A Proof-of-Work, which is a mathematical challenge, guarantees the security of the chain-block by maintaining the transactions of the digital le.
Blockchain as the Backbone of Digital Supply Chains | Challenges for Supply C...Fluence.sh
The digital supply chain is one of the most popular methods of organization for resources, assets, people, and inventory transfers. But what challenges does supply chain face and how they can be solved with the blockchain technology?
Blockchain can be used across the whole manufacturing industry to address all different types of projects and stakeholders. Its value to the manufacturing vertical is promising as Industry 4.0 continues to grow.
Blockchain Beyond the Hype. A Practical Framework for Business Leaders. This common sense and practical framework is designed
to assist executives in understanding whether blockchain
is an appropriate and helpful tool for their business needs.
It starts from the premise that blockchain is merely a
technology – much like many others that are already used
in society – and like other technologies it is as much about
change management and careful attention to the economics
and business models of industries and companies involved
as it is about technology evangelism. For any organization,
blockchain technology should not be a goal in itself but a
tool deployed to achieve specific purposes.
Evaluating the potential of blockchain technology to radically transform business
[Feel free to download the presentation if you'd like to view it offline]
Blockchain is a secure digital ledger that eliminates the need for a central authority and has many applications. Using blockchain requires defining a problem, choosing a platform, developing a smart contract, creating a network, integrating an application, testing, deploying, and maintaining/updating. Expertise may be needed.
Blockchain offers benefits such as decentralized control, security, transparency, efficiency, traceability, and the ability to automate complex transactions with smart contracts. It can be used in various industries to enhance security, efficiency, and transparency. Blockchain advantages: Decentralization, security, transparency, efficiency, traceability, and smart contracts. These make it an attractive solution for various industries like finance, supply chain management, healthcare that need enhanced security and transparency.
https://login360.in/courses/blockchain-training-in-chennai/
Blockchain - a platform for Digital Transformation in FinanceBlockchain Worx
Propelled by new business models and opportunities to upgrade the existing legacy infrastructure, institutional interest in Blockchain technology continues to rapidly grow. From digital identity and asset tokenization to using smart contracts to automate business processes, Blockchain technology is swiftly establishing itself as a key enabler of the emerging digital finance environment.
The presentation outlines a strategy, an approach, and select considerations to help financial institutions harness the potential of Blockchain technology for Digital Transformation.
Blockchain, IoT and Smart Cities, What's In It for Automotive Industry?Effendy Zulkifly
How far can we go with Blockchain when it comes to automotive industry? Where are we now in this time of history? Where can we go? Or rather, where do we want to go?
A premiere event that acts as a platform for emerging technologies and innovations that showcases the accelerating impact of technology towards businesses and the society.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
34. Feasibilities Study of
Blockchain Ecosystem
in Asia Region
BY EFFENDY ZULKIFLY
CEO, BLOCKCHAIN ACADEMY ASIA
CO-FOUNDER, CRYPTO VALLEY MALAYSIA
35. CONTENTS
1. My Involvement In Blockchain World
2. Government & Corporate Issues
3. Asia Blockchain Ecosystem
4. Malaysia Blockchain Ecosystem
5. Blockchain Use Cases
6. Challenges & Limitations
7. What’s Next!
8. Conclusion
36. SUMMARY
(Key Findings)
• Blockchain embodies the new business value of “trust.”
• IT infrastructure readiness will make or break the future of blockchain
• Collaboration is the basis for blockchain innovation.
• Go slow before you get fast (3 A – Awareness, Adoption & Acceptance).
• A flexible strategy will help overcome security, privacy, scalability and
interoperability challenges.
37. BANKING
ECOSYSTEM
&
BLOCKCHAIN
ADOPTIOn
OCBC Bank is the first Southeast Asian Bank to use a
payment blockchain solution to make local and cross-border interbank
fund transfers between itself and its subsidiaries.
The Hong Kong Monetary Authority and the Monetary
Authority of Singapore plan to launch a project using distributed
ledger technology for trade finance cross-border infrastructure.
The Australian Securities Exchange is considering the use of a
distributed ledger platform to upgrade its settlement system.
BOC Hong Kong (Holdings) Ltd. is planning to use the
technology to improve the efficiency of processing mortgages.
38. BANKING ECOSYSTEM & BLOCKCHAIN
ADOPTION
Saudi Arabia’s Islamic
Development Bank plans to
use blockchain technology to develop
Shariacompliant products, aiming to
support financial inclusion efforts across
its member countries.
The Monetary Authority of
Singapore has completed a proof-
of-concept trial that uses distributed
ledger technology to power domestic
interbank payments, proving that early
adoption is possible in areas with
relatively modest technical, legal and
regulatory demands.
Japan’s megabanks and
SBI Holdings are backing
initiatives on blockchain
technology and applications in the
areas of digital currency,
infrastructure, payment and
transactions.27
40. My Blockchain R&D Journey
R&D Journey :
My involvement in Worldwide FinTech &
Blockchain Events
(Year 2016 & 2017)
North American Bitcoin
Conference, Miami,
Jan 2016
Keynote World Blockchain
Forum, Burj Al Dubai, March
2017
iFX Expo Asia
Bitcoin Conference,
HK, Feb 2017
10th China Forex Expo
Shenzen China, Oct 2016
Keynote Blockchain
Forum, Brussels,
Nov 2016
Money, Blockchain
Conference, London,
Nov 2016
Singapore Fintech
Festival, Nov 2016
55. Blockchain in the Public Sector
One year ago: 117 Initiatives in 26 Countries
Source: Deloitte analysis in conjunction with the Fletcher School at Tufts University
(March 2017)
56. Blockchain in the Public Sector
Now: 202 Blockchain Initiatives in 45 Countries
Source: OECD analysis of data collected by The Illinois Blockchain Initiative (March 2018)
60. Blockchain in the Public Sector
Potential Use Cases
Use Case Description
Identity Establishing and maintaining identities for citizens and residents (birth
certificates, marriage licenses, visas, death records).
Personal records Interoperable health records, insurance records, etc.
Land title registry Details and historic records related to real estate and property transactions.
Supply chain management,
inventorying
Tracking an asset from its creation, transportation, purchase, and
inventorying.
Benefits, entitlements, and aid Social security, medical benefits payments, domestic and international aid.
Anticipatory/automated payments could be automated through Smart
Contracts.
Contract and vendor management Tracking and paying vendors, managing purchase commitments and
transactions, and monitoring schedule performance. Can allow for perfect
transparency of government expenditures.
Voting Enabling new methods of digital voting, ensuring eligibility, accurate
counting, and auditing (e.g., to avoid ballot-rigging).
Streamlining interagency processes Blockchains and smart contracts can automate transaction handling and
improve information sharing – allows each agency to better focus on their
own mission and tech without as much need to consider others tech.
61. Blockchain in the Public Sector
Project Ubin (Singapore)
Problem:
The Monetary Authority of Singapore (MAS) conducted a study that found that Inter-bank payments within Singapore
and cross-border financial transactions were inefficient and slow.
Solution:
MAS partnered with R3– a consortium of banks and regulators to create a prototype for a Blockchain-based digital
Singaporean dollar to facilitate digital transactions. This would allow for incorruptibility of records through a
decentralised trust system, but also 24 hour processing with no centralised – i.e. human-based – checks required. The
partnership has successfully developed software prototypes of three different models for decentralised inter-bank
payment that are now being explored. MAS has published the source code as open source software on GitHub.
74. Blockchain in the Public Sector
Challenges & Limitations
Blockchain is not a cure-all
0 1
IMMUTABILITY
A Blockchain is an add-only list. Once data is
added, it can’t be removed. Perhaps not a good
fit when updating/deleting data is a regular
occurrence.
0 2
DATA STORAGE
Databases are often used to store large
amounts of data (images, docs, apps, etc.).
However, Blockchain is designed for small
pockets of data. If data storage is needed,
Blockchain may not be a good fit, or a hybrid
solution may ne needed.
0 3
TALKING ABOUT BLOCKCHAIN
The act of explaining blockchain to public
officials and civil servants is difficult. De-linking
blockchain from Bitcoin and discussing how it
can improve efficiency and strengthen mission
effectiveness can help.
0 4
COSTS
Higher short-term costs associated with a still-
emerging technology prevent its widespread use.
Blockchain-as-a-service products are starting to be
offered that can allow for experimentation.
0 5
BLOCKERS
People often flag issues such as energy consumption
and scalability as Blockchain blockers. However,
many of these are irrelevant to government Blockchain
implementations (i.e., only apply to Proof of Work
consensus on permissionless/pubic blockchains).
0 6
CODING & GOVERNANCE MODELS
Blockchains are known for eliminating the need for central
authority, but this is not entirely true. They must be coded
and governed by those entrusted with key roles.
Governments must build a technical knowledge base to
ensure these decisions are made well (even if the actual
coding is outsourced).
75.
76. WHAT’S NEXT?
A few things that will need to come first:
1. Harmonized frameworks,
2. Education within industries,
3. Collaboration across industries,
4. Proving more the public benefits.
77. Trainings and Courses
Offline Courses
1. Blockchain 101 : Certificate of Blockchain Fundamentals
2. Blockchain 101 : Crypto Digital Asset Workshop
3. Blockchain Developers Hackathon
4. Smart Contracts Workshop
5. Ethereum: Zero to DAPP Workshop
Online Courses
1. Basic Blockchain Foundations
2. Blockchain Intensive I: Blockchain & Bitcoin
3. Blockchain Intensive II: The Financial Sector
4. Blockchain Intensive III: The Industry
5. The Crypto Trading & Mining Course
78. BLOCKCHAIN 101 : MODULES STRUCTURE
Business Track IT Track
1) CERTIFICATE OF BLOCKCHAIN FUNDAMENTALS (2 DAYS)
3) CERTIFICATE OF BLOCKCHAIN
ADVANCED / EXPERT (4 DAYS)
2) CERTIFICATE OF BLOCKCHAIN
INTERMEDIATE (4 DAYS)
4) USE CASE PAPERWORK SUBMISSION (2 MONTHS)