2018 has been a roller-coaster ride for blockchain technology mostly at the hands of cryptocurrencies – blockchain’s main beneficiary. Extreme price volatility, unsuccessful ICOs, fraud, cyber security issues, and negative press around cryptocurrency would have all but killed most emerging technologies. But not blockchain.
Blockchain is entering into a new evolutionary phase with the help of tech giants like IBM, Amazon and Google who recognize the wider applicability of blockchain as a game changer in data storage, commerce, and security. Even cryptocurrency is showing promising signs as it moves out of the domain of overnight Bitcoin millionaires (and more who have lost fortunes when speculating on cryptocurrencies) to risk averse financial heavyweights such as Goldman Sachs and JP Morgan. Like the Internet, e-commerce, social media, and cloud computing before it, blockchain is on a fast track to become a ubiquitous technology.
7 Predictions & Future Trends of Blockchain Technology for 2021ArpitGautam20
Know about 7 amazing predictions & future trends of Blockchain Technology in 2021 that can assist Financial Institutions, Government Agencies & Businesses.
How Blockchain App Development is Paving the Way for the FutureDamco Solutions
Blockchain applications can serve as a trading and financing instrument to ensure distributed ledger-backed payments. Finance and Banking services have taken a lead in Blockchain app development. For more in detail, please visit - https://www.damcogroup.com/blogs/how-blockchain-app-development-is-paving-the-way-for-the-future/
The ecosystem supporting blockchain technology has matured to the point where the rollout of multiple enterprise blockchain solutions is imminent. This is technology that cannot be ignored by any industry as it poses both a threat and an opportunity for organisations. This paper outlines the potential of blockchain technology.
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/
I present this to government departments to help understand blockchain technology and how governments are using it as well as the opportunities that blockchain start-ups could have.
7 Predictions & Future Trends of Blockchain Technology for 2021ArpitGautam20
Know about 7 amazing predictions & future trends of Blockchain Technology in 2021 that can assist Financial Institutions, Government Agencies & Businesses.
How Blockchain App Development is Paving the Way for the FutureDamco Solutions
Blockchain applications can serve as a trading and financing instrument to ensure distributed ledger-backed payments. Finance and Banking services have taken a lead in Blockchain app development. For more in detail, please visit - https://www.damcogroup.com/blogs/how-blockchain-app-development-is-paving-the-way-for-the-future/
The ecosystem supporting blockchain technology has matured to the point where the rollout of multiple enterprise blockchain solutions is imminent. This is technology that cannot be ignored by any industry as it poses both a threat and an opportunity for organisations. This paper outlines the potential of blockchain technology.
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/
I present this to government departments to help understand blockchain technology and how governments are using it as well as the opportunities that blockchain start-ups could have.
Blockchain technology and bitcoin currencyM S Siddiqui
There is inconsistency of policy and action of government over Blockchain technology and digital money - Bitcoin transactions and the law and rule also not favourable for high technology financial transactions. The issue need due attention to facilitate development of BCT and facilitate widely used for remittance of many from expatriates and small e-commerce service exporters.
Blockchain & Smart Contracts For Government Entitlements & PaymentsMichael Novak
Overview of Blockchain and Smart Contract strengths and challenges in US federal, state, and local government entitlements, digital identity, and payment processing.
In this webinar Prof. Banafa will discuss in details the use of Blockchain in the following businesses: Insurance; Payments; Internet-of-Things (IoT); Supply Chain; Healthcare; Government; Identity; Advertising; Marketing; Banking.
Introduction to blockchain & cryptocurrenciesAurobindo Nayak
This was an intro session on blockchain and cryptocurrencies. If you want to view the webinar for this talk checkout: https://www.youtube.com/watch?v=rl5mVI7jEK0
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 - Use Cases for The Nigerian Economy and Potential Legal RisksRilwan Shittu
It is not uncommon for people to misconceive the use, relevance or applicability of new and emerging technologies - this has been the case with the Blockchain technology as a lot of people only have a vague or inaccurate understanding of what it really means and what it can do. Some have even gone as far as saying “Blockchain is the future” and “Blockchain will save Nigeria”, etc.
This article presents a practical overview of how the technology works; the potential use cases in the Nigerian economy; the legal risks and the role of regulatory agencies in aiding the adoption and growth of the technology.
Read more below:
Nick Meyne Enterprise Architect - Capgemini
At Global Architecture Week 2015, we covered ‘Digital Currencies and Cash’ and their relevance to Tax and Welfare Authorities, concluding with the message: “It’s not about Bitcoin, it’s about the Blockchain”. Blockchain technology has the potential to enable a new mutually trusted, transparent way of sharing and transacting. In the UK Public Sector, Sir Mark Walport’s report Distributed Ledger Technology: beyond blockchain encouraged Government to assess its early use and potential. Meanwhile in the private sector, Blockchain FinTech excitement among start-ups and venture capitalists remained strong for a technology promised to be “like a whole new internet for value exchange”. But where are the real world use cases today? What is it that makes a use case more likely to succeed? In this talk, we will share and discuss a number of Capgemini examples.
What is blockchain beyond cryptocurrencies - 16 use casesAppinventiv
From Banking to Healthcare to Ride sharing, Blockchain will have a huge impact on our future. Understanding Blockchain technology can be a little tricky, but understanding its influence on different sectors of our society can make it easier.
Blockchain has presented itself as a crucial tool in building a fraudulent proof and transparent society. Now it’s upon us to implement the good of it. Although, just like any other thing, Blockchain is also encircled by controversies and cynicism.
Nonetheless, let us have a look at the industries in which blockchain presents a strong promise for service.
Extract from the presentation of Max Lyadvinsky, Bloomio CEO, at the Financial Innovation Summit in Doha, Qatar.
The deck offers an insightful analysis on real blockchain opportunities with a focus on Middle East.
All about Blockchain Technology and it's applications in Finance functionvinodavg
Blockchain technology is a vast, distributed ledger, operating on millions of devices, recording anything, with identical copies maintained on each of the network computers. When a new transaction or an edit to an existing transaction comes in, generally a majority of the nodes within a blockchain network must execute some algorithms and essentially evaluate and verify the history of the transaction that is proposed and come to a consensus that the history and signature is valid, then the new transaction is accepted into the ledger. If a majority of nodes do not concede to the addition or modification of the ledger entry, then it is denied and not added to the chain. All the members can review previous entries and record new transactions. These are then grouped into ‘blocks’, which then form part of a ‘chain’, thus leading to a ‘blockchain’
Blockchain is the new buzzword. I have tried to simply it for you. I have tied to break the concept down to a simplistic level and then tried to use the understanding to imagine its application in the field of Marketing.
Harnessing the potential of Blockchain Technology for enterprise Digital Transformation,
A strategy, framework, approach and some key considerations to help any enterprise get started.
[Feel free to download the presentation to view it offline]
Get Rich with Blockchain & Cryptocurrencykeerthi678722
Another year has passed and virtual currency and other blockchain-based digital
assets continue to attract the attention of policymakers across the globe. A lack of
consistency in how policymakers are addressing concerns raised by the technology
is a major challenge for legal professionals who practice in this area.
8 Decimal Capital Enterprise Solution OverviewRemi Gai
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.
There's a lot of buzz around Blockchain, Is Blockchain the next” Big Thing" in the IT industry? It certainly looks to have a huge impact in finance, but it could also have far reaching effect in many other industries as well
Blockchain technology and bitcoin currencyM S Siddiqui
There is inconsistency of policy and action of government over Blockchain technology and digital money - Bitcoin transactions and the law and rule also not favourable for high technology financial transactions. The issue need due attention to facilitate development of BCT and facilitate widely used for remittance of many from expatriates and small e-commerce service exporters.
Blockchain & Smart Contracts For Government Entitlements & PaymentsMichael Novak
Overview of Blockchain and Smart Contract strengths and challenges in US federal, state, and local government entitlements, digital identity, and payment processing.
In this webinar Prof. Banafa will discuss in details the use of Blockchain in the following businesses: Insurance; Payments; Internet-of-Things (IoT); Supply Chain; Healthcare; Government; Identity; Advertising; Marketing; Banking.
Introduction to blockchain & cryptocurrenciesAurobindo Nayak
This was an intro session on blockchain and cryptocurrencies. If you want to view the webinar for this talk checkout: https://www.youtube.com/watch?v=rl5mVI7jEK0
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 - Use Cases for The Nigerian Economy and Potential Legal RisksRilwan Shittu
It is not uncommon for people to misconceive the use, relevance or applicability of new and emerging technologies - this has been the case with the Blockchain technology as a lot of people only have a vague or inaccurate understanding of what it really means and what it can do. Some have even gone as far as saying “Blockchain is the future” and “Blockchain will save Nigeria”, etc.
This article presents a practical overview of how the technology works; the potential use cases in the Nigerian economy; the legal risks and the role of regulatory agencies in aiding the adoption and growth of the technology.
Read more below:
Nick Meyne Enterprise Architect - Capgemini
At Global Architecture Week 2015, we covered ‘Digital Currencies and Cash’ and their relevance to Tax and Welfare Authorities, concluding with the message: “It’s not about Bitcoin, it’s about the Blockchain”. Blockchain technology has the potential to enable a new mutually trusted, transparent way of sharing and transacting. In the UK Public Sector, Sir Mark Walport’s report Distributed Ledger Technology: beyond blockchain encouraged Government to assess its early use and potential. Meanwhile in the private sector, Blockchain FinTech excitement among start-ups and venture capitalists remained strong for a technology promised to be “like a whole new internet for value exchange”. But where are the real world use cases today? What is it that makes a use case more likely to succeed? In this talk, we will share and discuss a number of Capgemini examples.
What is blockchain beyond cryptocurrencies - 16 use casesAppinventiv
From Banking to Healthcare to Ride sharing, Blockchain will have a huge impact on our future. Understanding Blockchain technology can be a little tricky, but understanding its influence on different sectors of our society can make it easier.
Blockchain has presented itself as a crucial tool in building a fraudulent proof and transparent society. Now it’s upon us to implement the good of it. Although, just like any other thing, Blockchain is also encircled by controversies and cynicism.
Nonetheless, let us have a look at the industries in which blockchain presents a strong promise for service.
Extract from the presentation of Max Lyadvinsky, Bloomio CEO, at the Financial Innovation Summit in Doha, Qatar.
The deck offers an insightful analysis on real blockchain opportunities with a focus on Middle East.
All about Blockchain Technology and it's applications in Finance functionvinodavg
Blockchain technology is a vast, distributed ledger, operating on millions of devices, recording anything, with identical copies maintained on each of the network computers. When a new transaction or an edit to an existing transaction comes in, generally a majority of the nodes within a blockchain network must execute some algorithms and essentially evaluate and verify the history of the transaction that is proposed and come to a consensus that the history and signature is valid, then the new transaction is accepted into the ledger. If a majority of nodes do not concede to the addition or modification of the ledger entry, then it is denied and not added to the chain. All the members can review previous entries and record new transactions. These are then grouped into ‘blocks’, which then form part of a ‘chain’, thus leading to a ‘blockchain’
Blockchain is the new buzzword. I have tried to simply it for you. I have tied to break the concept down to a simplistic level and then tried to use the understanding to imagine its application in the field of Marketing.
Harnessing the potential of Blockchain Technology for enterprise Digital Transformation,
A strategy, framework, approach and some key considerations to help any enterprise get started.
[Feel free to download the presentation to view it offline]
Get Rich with Blockchain & Cryptocurrencykeerthi678722
Another year has passed and virtual currency and other blockchain-based digital
assets continue to attract the attention of policymakers across the globe. A lack of
consistency in how policymakers are addressing concerns raised by the technology
is a major challenge for legal professionals who practice in this area.
8 Decimal Capital Enterprise Solution OverviewRemi Gai
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.
There's a lot of buzz around Blockchain, Is Blockchain the next” Big Thing" in the IT industry? It certainly looks to have a huge impact in finance, but it could also have far reaching effect in many other industries as well
It explains the concept of Blockchain which is going revolutionize the world economy. Blockchain is going to change money, business and thus the world.
The Blockchain Imperative: The Next Challenge for P&C CarriersCognizant
Blockchain, a universal ledger and data-storage platform, can help P&C carriers address some of their most critical business challenges and significantly alter the way they operate. Although the technology has yet to achieve widespread adoption in the insurance space, the time is ripe for carriers to begin thinking about, exploring and experimenting with blockchain.
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.
Enterprise blockchain solution for ecommerce industrySigma Solve Inc.
Blockchain technology is a decade old and 2017 saw tremendous interest in it making it a year of democratization of the technology. It was the year when cryptocurrency market backed by blockchain technology dominated the public imagination.
All about Blockchain Technology and it's applications in Finance functionvinodavg
Blockchain Technology is a vast, distributed ledger, operating on millions of devices, recording anything, with identical copies maintained on each of the network computers. When a new transaction or an edit to an existing transaction comes in, generally a majority of the nodes within a blockchain network must execute some algorithms and essentially evaluate and verify the history of the transaction that is proposed and come to a consensus that the history and signature is valid, then the new transaction is accepted into the ledger. If a majority of nodes do not concede to the addition or modification of the ledger entry, then it is denied and not added to the chain. All the members can review previous entries and record new transactions. These are then grouped into ‘blocks’, which then form part of a ‘chain’, thus leading to a ‘blockchain
Blockchain Introduction - Canada Nov 2017.pptxAntony Welfare
Back in 2017 I joined the world of #Blockchain and presented my first ever Blockchain presentation on 14th November 2017 at a Tech meetup in Penticton, BC (Canada)
A few key highlights:
* The fundamentals of Blockchain technology have not changed (Trust, Transparency, Security, Quality/Certainty, Reduced costs)
* We were talking about Web 3.0 back in 2017 😉
* People still miss define Blockchain
* Janet Yellen and Christine Lagarde were commenting on Blockchain back in 2017
* Checkout the Dapps section – I was ahead of my time there!
* And the last three slides on the Market cap and increases – I was excited to tell people the market cap was $200bn, BTC was $8,000 and ETH was nearly $400 ……… Ahhh the good old days 😉
And finally – my “leaders comment” back in 2017 still stands “Blockchain is the next disruptive technology to transform the lives of our customers and our business operations”
What a journey so far…and guess what…its only just begun 👍👍👍
A guest lecture delivered by Dr Farrukh Habib at INCEIF, Kuala Lumpur, on 22nd March, 2018.
Dr Farrukh Habib is an expert in sharia and Islamic finance. He is a adviser, researcher and trainer. He is keen interest in FinTech.
Cryptocurrency and blockchain — what is the best way to buy bitcoin in canadaBitcoin Wallet Canada
Blockchain is the technology that enables the existence of cryptocurrency. Bitcoin is the name of the best-known cryptocurrency, the one for which blockchain technology was invented. A cryptocurrency is a medium of exchange, such as the Canadian dollar, but is digital and uses encryption techniques to control the creation of monetary units and to verify the transfer of funds.
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.
How Retirement Services Providers Can Tap Blockchain Thinking and TechnologyCognizant
Blockchain's peer-to-peer transference technology offers numerous benefits - digital trust, operational improvement and cost reduction, enhanced customer experience, and business resilience. We offer a vision of blockchain technology's potential applications - experimental use cases - for the retirement services industry.
Revolutionizing of Blockchain in Fintech App Development.pdfTechugo
Blockchain technology is a data management platform that uses complex cryptography to power many decentralized cryptocurrencies. Blockchains are digital ledgers and accounting systems that allow for auditing.
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.
Organizations are looking for secure and robust platforms to transparently share the information and build absolute trust for the end user.
Blockchain can help organizations maintain transparency through Decentralization with added security.
Adopting Blockchain can have certain challenges such as high energy consumption, integration issues, privacy and security issues.To overcome these challenges blockchain testing is important to implement
The top benefits of blockchain app development are increased security. Business databases, especially in the financial services and insurance industries, are prone to attacks by hackers and scammers. In a blockchain network, all transactions can be viewed by authenticated members before being entered into the distributed ledger. Because information is stored on a chain of computer systems rather than on a single server, data cannot be changed from a single point.
Similar to Blockchain Trends & Business Cases (20)
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
Connector Corner: Automate dynamic content and events by pushing a buttonDianaGray10
Here is something new! In our next Connector Corner webinar, we will demonstrate how you can use a single workflow to:
Create a campaign using Mailchimp with merge tags/fields
Send an interactive Slack channel message (using buttons)
Have the message received by managers and peers along with a test email for review
But there’s more:
In a second workflow supporting the same use case, you’ll see:
Your campaign sent to target colleagues for approval
If the “Approve” button is clicked, a Jira/Zendesk ticket is created for the marketing design team
But—if the “Reject” button is pushed, colleagues will be alerted via Slack message
Join us to learn more about this new, human-in-the-loop capability, brought to you by Integration Service connectors.
And...
Speakers:
Akshay Agnihotri, Product Manager
Charlie Greenberg, Host
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
Securing your Kubernetes cluster_ a step-by-step guide to success !KatiaHIMEUR1
Today, after several years of existence, an extremely active community and an ultra-dynamic ecosystem, Kubernetes has established itself as the de facto standard in container orchestration. Thanks to a wide range of managed services, it has never been so easy to set up a ready-to-use Kubernetes cluster.
However, this ease of use means that the subject of security in Kubernetes is often left for later, or even neglected. This exposes companies to significant risks.
In this talk, I'll show you step-by-step how to secure your Kubernetes cluster for greater peace of mind and reliability.
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
5. What is Blockchain?
A blockchain, originally block chain, is a growing list of records, called blocks, which are linked using cryptography. Each block contains a
cryptographic hash of the previous block, a timestamp, and transaction data.
By design, a blockchain is resistant to modification of the data. It is "an open, distributed ledger that can record transactions between
two parties efficiently and in a verifiable and permanent way". For use as a distributed ledger, a blockchain is typically managed by a
peer-to-peer network collectively adhering to a protocol for inter-node communication and validating new blocks. Once recorded, the
data in any given block cannot be altered retroactively without alteration of all subsequent blocks, which requires consensus of the
network majority.
6. What is Cryptocurrency?
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure
financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies use decentralized
control as opposed to centralized digital currency and central banking systems.
The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public
financial transaction database.
Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency. Since the release of
bitcoin, over 4,000 altcoins (alternative variants of bitcoin, or other cryptocurrencies) have been created.
From Wikipedia, the free encyclopedia.
7. Blockchain Trends
Corporate money is on the way
• Goldman Sachs, Wells Fargo, J.P. Morgan, Citigroup and
more are investing in blockchain.
Improved technology
• Many technology providers like IBM, Microsoft, Oracle,
Google, and Amazon either offer blockchain-as-a-
service(BAAS), blockchain clouds, or are planning to offer it
this year.
Regulations are coming
• While the United States is still dealing with regulatory issues,
China, Switzerland, Singapore and Britain brought clarity. China
banned ICOs and cryptocurrencies. The other 3 countries
released relaxed regulation and licensing requirements.
9. Blockchain in Financial Services
Blockchain is changing complex intermediate functions in the industry.
Legacy paper-based processes
Regulatory compliance
Cross-border payments
P2P payments
Trade settlements in capital
markets
Shareholder voting
Finance
Healthcare &
Life Sciences
Insurance
Travel &
Hospitality
Retail, Distribution
& Logistics
Media &
Entertainment
Having launched as a pilot in 2017, J.P. Morgan’s Interbank Information Network (IINSM) is the firm’s first scalable, peer-to-
peer network powered by blockchain technology.
10. Blockchain in Retail & Logistics
Blockchain is building trust, simplicity and transparency in processes.
Supply chain & warehouse
management
Tagging products,
certification & ownership
Product authenticity tracking &
anti-counterfeiting
Food safety in supply chain
Distributed marketplace
Digital product warranty
management
Finance
Healthcare &
Life Sciences
Insurance
Travel &
Hospitality
Retail, Distribution
& Logistics
Media &
Entertainment
OpenBazaar is developing decentralized blockchain utilities to connect buyers and sellers, without a middleman and the
associated charges.
11. Blockchain in Healthcare & Life
Sciences
Blockchain transforms the healthcare industry’s IT infrastructure from centralized,
isolated, and small-scale systems to distributed, decentralized and worldwide
systems.
Electronic Health Records
(EHRs) interoperability
Drug traceability
Clinical trials Pharma research
Finance
Healthcare &
Life Sciences
Insurance
Travel &
Hospitality
Retail, Distribution
& Logistics
Media &
Entertainment
burstIQ uses blockchain to improve the way medical data is shared and used.
12. Blockchain in Insurance
Blockchain benefits include improved underwriting accuracy, reduced
administrative costs, and improved success in preventing claims fraud.
Underwriting & claims processing
automation
Efficient, transparent &
customer-focused claims model
Streamlined data collection,
efficient exchange of information
Clearer visibility & risk exposure in
reinsurance
Digital smart contracts to capture terms &
obligations between insurers & clients
Finance
Healthcare &
Life Sciences
Insurance
Travel &
Hospitality
Retail, Distribution
& Logistics
Media &
Entertainment
Blockchain technology startup Etherisc built a blockchain-enabled insurance product. Its cryptocurrency-based flight delay
program allowed passengers to purchase flight insurance using either cryptocurrency or fiat money such as USD and Euros,
then receive payouts automatically after a qualifying event.
13. Blockchain in Travel & Hospitality
There are a few main areas in the travel and hospitality space, which the blockchain is
expected to disrupt: mobile credentials (enabling the mobile device to unlock a
hotel room door, for instance) and booking transactions.
Digital identity, traveler profiles
Loyalty (rewards) programs
Digital smart contracts to capture
terms & obligations between
companies & clients
Air plane damage tracking Booking transactions
Insurance
Finance
Healthcare &
Life Sciences
Insurance
Travel &
Hospitality
Retail, Distribution
& Logistics
Media &
Entertainment
Singapore Airlines recently started using KrisPay, a digital wallet built on a blockchain that securely turns miles into
cryptocurrency that can be used with merchant partners.
14. Blockchain in Media & Entertainment
Blockchain promises a solution to the industry’s biggest pains – unreliable metadata,
ambiguous royalty payment, complex asset management.
Finance
Healthcare &
Life Sciences
Insurance
Travel &
Hospitality
Retail, Distribution
& Logistics
Media &
Entertainment
Digital rights management
Digital royalties
Enhanced licensing &
monetization
“Smart” digital tickets
Tracking real time usage of
copyrighted material & license sales
Advanced advertising
Mycelia was launched with a focus on producing “intelligent songs” supported by blockchain technology and
cryptocurrencies.
16. A Settlement Depository (SD) is a financial institution,
central securities depository, and professional
securities market participant engaged in the depository
business. They required an e-proxy voting system to
ensure a secure and transparent voting process for
corporate actions.
Benefits
• Significantly reduced timeframes
(up to a month vs. days or hours now).
• Streamlined processes and operational cost
reduction (no paperwork, no reliance on postal
services).
• More attractive system for companies with foreign
investors.
• Legal finality and accuracy gained by using
permissioned blockchain with Practical Byzantine
Fault Tolerance (PBFT) consensus: no human
factor or double voting, fraud prevention.
E-proxy Shareholders Voting System
Highlights
• Fully automated and secure voting platform; process transparency and
traceability for voting participants and auditors
• Confidentiality for specific parts of the process without preventing any legally
binding steps.
• A distributed ledger with verified data regarding securities, their ownership and
past transactions.
Register
Node
Blockchain
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17. Welfare Payment Tracking Mobile App
DataArt designed an app that works with governments, public services, and non-government organizations and offers them highly secure
ways to make payments with the help of mobile devices.
Highlights
• Distribute value more accurately,
securely and efficiently to
beneficiaries.
• Digital identity and fraud
prevention.
• Provide rich data, facilitating
improved policy guidance.
• Reduce transaction and service
costs.
• Support different types of sales
processes:
• E-wallet
• POS
18. DataArt and Blockchain
DataArt helps firms move forward in their exploration of blockchain and
distributed ledger technology (DLT) by providing a full suite of consulting
services, including technology research, prototyping, development
and operationalization. We actively partner with the leading players and
consortia in the blockchain world and maintain expertise in the various DLT
flavors, including Ethereum, Hyperledger, and Corda.
Our systems are intuitive, customer-centric, easy to support, flexible,
and have the lowest cost of support possible. Our solutions work and
keep on working.
Yaroslav.Buga@dataart.com
www.linkedin.com/in/slavabuga
Editor's Notes
About myself
About DataArt
Who is familiar with blockchain?
Anyone owns crypto?
Blockchain was invented by a person using the name Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency bitcoin.
Blockchain is not a cryptocurrency.
Blockchain is distributed and can not be altered.
Blockchain is secure by design.
https://www.youtube.com/watch?v=S6zgLNFexPk
Are not influenced by governments
Will cryptocurrencies kill regular ones?
Blockchain repeats .com history
.com started 20 years ago and were run mostly by geeks
.com computerized nearly every industry
Even after bubble busted, it changed our lives forever
That was because on Netscape, Yahoo, Microsoft, Google
Fast forward to today and we see much of the same thing.
Crypto is falling because the people in it for the short term are leaving
6-9% of payments fail.
now has 194 members
scalable, peer-to-peer network powered by blockchain technology
minimizes friction in the cross-border payments process and enables payments to reach beneficiaries faster and with fewer steps
Powered by Quorum®, a permissioned-variant of the Ethereum blockchain
allows member banks to exchange information in real-time as a way to verify that a payment has been approved.
"Historically, correspondent banks communicate one-way, bank-to-bank, but we have transformed their interaction," said Suresh Shetty, Blockchain Technology Lead for IIN. "When a payment detail is flagged for confirmation, different parties can interact simultaneously, requesting and sharing information."
Currently, consumers’ sense of trust in the retail system is mainly linked to their trust in the marketplace where their purchases are being made. (As an example, trust is a key element of Amazon’s success with customers.) Blockchain could decentralize that trust, attaching it more to the sellers on various marketplaces and platforms than to the sites themselves.
OpenBazaar operates as an open-source, peer-to-peer network offering merchants no fees and no restrictions on what can be sold.
Customers purchase goods using any of 50 cryptocurrencies, and sellers are paid in Bitcoin — with all associated data distributed across the global network instead of stored in a central database.
Healthcare institutions suffer from an inability to securely share data across platforms. Better data collaboration between providers could ultimately mean higher probability of accurate diagnoses, higher likelihood of effective treatments, and the overall increased ability of healthcare systems to deliver cost-effective care.
Use of blockchain technology could allow hospitals, payers, and other parties in the healthcare value chain to share access to their networks without compromising data security and integrity.
BurstIQ’s platform helps healthcare companies safely and securely manage massive amounts of patient data. Its blockchain technology enables the safekeeping, sale, sharing or license of data while maintaining strict compliance with HIPAA rules.
Other products in development include hurricane insurance, crypto wallet insurance, and crop insurance.
Think of the data that goes into booking a flight: names, birthdays, credit card numbers, immigration details, destinations, and sometimes even hotel or rental car information, depending on how flights are booked.
Implementing blockchain technology to secure and reconcile this data can make for a safer journey — and one that’s more convenient for the traveler.
SA program rewards frequent fliers instantly and lets them securely use their points on a variety of purchases, not just additional flights.
Entertainment entrepreneurs are turning to the blockchain to make content sharing fairer for creators using smart contracts.
Global music industry generates $45B every year. Up to 50% of the payments don’t make it to their rightful owners.
Creative Passport is the digital container to hold verified profile information, IDs, acknowledgements, works, business partners and payment mechanisms, to help get music makers and their works, linked and open (data) for business
The process of shareholder voting used to involve a significant amount of manual and paper work. Voting notifications and ballots were sent through ‘traditional’ postal services and materials often reached recipients long after the voting date. As a result, the voting process could take as long as a month.
Apart from that, the process was prone to human error (double voting, miscalculations), which could lead to lawsuits disputing voting results. In such cases, the voting had to be redone and SD clients faced additional expenses.
The law legalizing e-proxy voting and messaging for shareholder meetings came into force few years ago. The reform empowered SD to create and bring to the market an innovative e-proxy voting system for streamlining distributed voting.
Blockchain technology was ideally suited to the challenge because it provides:
a network regardless of participants’ physical location;
an issuance of tokenized votes for each voting process;
secure transactions to distribute votes.
The solution provided a possibility to process payment contactless via mobile POS solution and store extended information about transaction in blockchain. Mobile POS solution main aim is to receive payments from wallet and provide basic Point of Sale functionality.