Block Chain as a Platform February 2015 - LERNER ConsultingLERNER Consulting
Block chains are part of the underlying infrastructure for Bitcoins. They are the accounting portion of the bitcoin ecosystem. The art of the possible for block chains is to use them for a larger ledger systems.
Any digital centralized registry (e.g., health records) can be made a part of the block chain system. Much like public and private cloud infrastructure has arisen, block chain as a platform is an emerging opportunity for entrepreneurs and innovator.
The every day question that comes to me. "Is this a hammer in search of a nail?" #Blockchain has evolved and is in use with real-world use cases.
Every week I speak to three to five assorted banks and enterprises about practical applications that I'm helping them implement. The separation from #bitcoin has allowed for growth and investment in this latest edge technology.
Blockchain FinTech App | Land RegistryBahaa Farouk
An application for blockchain in FinTech, which employing blockchain to automate and prevent any fraud transaction in the land and/or property registration process.
Just how closely should financial executives be paying attention? Is the disruption of blockchain technology a distant rumble or an imminent strike? Fintech is shaking the foundation of the traditional financial services industry and blockchain alone could be a game-changer, transforming transactions, custody, accounting, currency exchange, and more.
Navigating the associated business implications and expected timeline is no easy task for financial professionals. This webinar can help firms sift through the noise and will identify the most significant blockchain trends and tangible applications.
Sponsored by ALFI
Block Chain as a Platform February 2015 - LERNER ConsultingLERNER Consulting
Block chains are part of the underlying infrastructure for Bitcoins. They are the accounting portion of the bitcoin ecosystem. The art of the possible for block chains is to use them for a larger ledger systems.
Any digital centralized registry (e.g., health records) can be made a part of the block chain system. Much like public and private cloud infrastructure has arisen, block chain as a platform is an emerging opportunity for entrepreneurs and innovator.
The every day question that comes to me. "Is this a hammer in search of a nail?" #Blockchain has evolved and is in use with real-world use cases.
Every week I speak to three to five assorted banks and enterprises about practical applications that I'm helping them implement. The separation from #bitcoin has allowed for growth and investment in this latest edge technology.
Blockchain FinTech App | Land RegistryBahaa Farouk
An application for blockchain in FinTech, which employing blockchain to automate and prevent any fraud transaction in the land and/or property registration process.
Just how closely should financial executives be paying attention? Is the disruption of blockchain technology a distant rumble or an imminent strike? Fintech is shaking the foundation of the traditional financial services industry and blockchain alone could be a game-changer, transforming transactions, custody, accounting, currency exchange, and more.
Navigating the associated business implications and expected timeline is no easy task for financial professionals. This webinar can help firms sift through the noise and will identify the most significant blockchain trends and tangible applications.
Sponsored by ALFI
Instructor: Roger Royse, Founder of Royse Law Firm
Course Title: The Business Basics of Blockchain, Cryptocurrencies, and Tokens
Location: Stanford Continuing Studies
Week: 3 (of 7)
The third session focuses specifically on cryptocurrencies. We will discuss the history of digital currencies from Bitcoin to Ether and others. We will review core concepts and terms and more highlight the major events in cryptocurrency space, new opportunities and existing problems that remain to be solved.
Top 20 interview questions for blockchain & supply chain professionalBlockchain Council
Blockchain acts as a ledger where data is stored digitally and is time-stamped. Businesses can make use of these records to track the data and its provenance. Hence, it becomes beneficial for companies dealing with supply chain management. Some of the common records that can be stored on DLT are :
Blockchain’s implications for the financial industryInitio
Purpose and meaning of Blockchain : “kill the middle man”
What is Blockchain for a financeer ?
Discussing the field’s potential
Introduction
Cryptocurrency Case Study: economic & utilitarian perspective
Valuing a Bitcoin
What are the features of a “good” currency ?
Transaction fees per cryptocurrency
Transaction fees non-normalized evolution
Transaction fees normalized evolution
Transaction speed
Scalability : can the infrastructure and the model support the load ?
Functions of money
BlockChain basics for the non-technical banker covering what's happening, what the opportunities are, and the problems we all face. Covers BitCoin and Ethereum with brief mentions made of Ripple and the HyperLedger project.
Block chains and crypto currencies - introductionInitio
Objectives and knowledge sharing
• What is blockchain? Why should we care?
• Cryptography: Shared secrets and the Blockchain
• Protocols: What’s in those blocks ?!
• Ethereum
• Bitcoin
• Hyperledger
This was first presented on July 20, 2015 at Infosys in Mysore, India with the Blockchain University team. Additional references and citations are in the notes section.
Brief overview of technological components of blockchains, cryptocurrencies and tokens, including example applications and decentralized applications in the market.
Technology tipping points Big Data and Blockchain use case presentationVinod Kumar Nerella
In this presentation, I am talking about the two technology tipping points big data and Blockchain.
In big data area, the presentation covers use cases in retails, financial and manufacturing sector.
Block chain and its main concepts are explained with the use case smart contracts is introduction and Blockchain can help manufacturing firms for efficient operations.
The presentation will describe methods for discovering interesting and actionable patterns in log files for security management without specifically knowing what you are looking for. This approach is different from "classic" log analysis and it allows gaining an insight into insider attacks and other advanced intrusions, which are extremely hard to discover with other methods. Specifically, I will demonstrate how data mining can be used as a source of ideas for designing future log analysis techniques, that will help uncover the coming threats. The important part of the presentation will be the demonstration how the above methods worked in a real-life environment.
Blockchain technology is increasingly being considered for applications in business contexts due to its key properties. It is also very much hyped for its potential to transform existing industries and business models. In Part 1, we will introduce the key properties of blockchain, its limitations, the field and the relevance for SAP and enterprises in general. In Part 2, we will focus on one of the prominent suites available today and provide an demonstration of the POC we’ve developed.
Presentation to Legislative Committee on Economic Development & International...LERNER Consulting
A brief presentation and overview to the Washington State Legislative Committee on Economic Development & International Relation. Identity the low-hanging fruit for the state it lead in specific blockchain initiatives such as Supply Chain
Instructor: Roger Royse, Founder of Royse Law Firm
Course Title: The Business Basics of Blockchain, Cryptocurrencies, and Tokens
Location: Stanford Continuing Studies
Week: 3 (of 7)
The third session focuses specifically on cryptocurrencies. We will discuss the history of digital currencies from Bitcoin to Ether and others. We will review core concepts and terms and more highlight the major events in cryptocurrency space, new opportunities and existing problems that remain to be solved.
Top 20 interview questions for blockchain & supply chain professionalBlockchain Council
Blockchain acts as a ledger where data is stored digitally and is time-stamped. Businesses can make use of these records to track the data and its provenance. Hence, it becomes beneficial for companies dealing with supply chain management. Some of the common records that can be stored on DLT are :
Blockchain’s implications for the financial industryInitio
Purpose and meaning of Blockchain : “kill the middle man”
What is Blockchain for a financeer ?
Discussing the field’s potential
Introduction
Cryptocurrency Case Study: economic & utilitarian perspective
Valuing a Bitcoin
What are the features of a “good” currency ?
Transaction fees per cryptocurrency
Transaction fees non-normalized evolution
Transaction fees normalized evolution
Transaction speed
Scalability : can the infrastructure and the model support the load ?
Functions of money
BlockChain basics for the non-technical banker covering what's happening, what the opportunities are, and the problems we all face. Covers BitCoin and Ethereum with brief mentions made of Ripple and the HyperLedger project.
Block chains and crypto currencies - introductionInitio
Objectives and knowledge sharing
• What is blockchain? Why should we care?
• Cryptography: Shared secrets and the Blockchain
• Protocols: What’s in those blocks ?!
• Ethereum
• Bitcoin
• Hyperledger
This was first presented on July 20, 2015 at Infosys in Mysore, India with the Blockchain University team. Additional references and citations are in the notes section.
Brief overview of technological components of blockchains, cryptocurrencies and tokens, including example applications and decentralized applications in the market.
Technology tipping points Big Data and Blockchain use case presentationVinod Kumar Nerella
In this presentation, I am talking about the two technology tipping points big data and Blockchain.
In big data area, the presentation covers use cases in retails, financial and manufacturing sector.
Block chain and its main concepts are explained with the use case smart contracts is introduction and Blockchain can help manufacturing firms for efficient operations.
The presentation will describe methods for discovering interesting and actionable patterns in log files for security management without specifically knowing what you are looking for. This approach is different from "classic" log analysis and it allows gaining an insight into insider attacks and other advanced intrusions, which are extremely hard to discover with other methods. Specifically, I will demonstrate how data mining can be used as a source of ideas for designing future log analysis techniques, that will help uncover the coming threats. The important part of the presentation will be the demonstration how the above methods worked in a real-life environment.
Blockchain technology is increasingly being considered for applications in business contexts due to its key properties. It is also very much hyped for its potential to transform existing industries and business models. In Part 1, we will introduce the key properties of blockchain, its limitations, the field and the relevance for SAP and enterprises in general. In Part 2, we will focus on one of the prominent suites available today and provide an demonstration of the POC we’ve developed.
Presentation to Legislative Committee on Economic Development & International...LERNER Consulting
A brief presentation and overview to the Washington State Legislative Committee on Economic Development & International Relation. Identity the low-hanging fruit for the state it lead in specific blockchain initiatives such as Supply Chain
Jan 31st 2019 presentation to the Seattle Risk Management Association. Overview of how blockchain impacts the world of financial services and where the key touchpoints are for backing. Removing double spend and the middleman.
Traceability of components of products - from food to fashion - is central to the promise of using blockchain to organize and operationalize data from the web of supply chains. How would traceability bring value? How do blockchain and smart contracts work? And how would these foster traceability? What has been done so far in this regard? What issues and tensions affect adoption of traceability, whether by blockchain or other means? This webinar examines blockchain and the role it plays in supply chain by providing traceability.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/blockchain-and-supply-chain-2021/
Traceability of components of products - from food to fashion - is central to the promise of using blockchain to organize and operationalize data from the web of supply chains. How would traceability bring value? How do blockchain and smart contracts work? And how would these foster traceability? What has been done so far in this regard? What issues and tensions affect adoption of traceability, whether by blockchain or other means? This webinar examines blockchain and the role it plays in supply chain by providing traceability.
Part of the webinar series: BLOCKCHAIN BASICS 2022
See more at https://www.financialpoise.com/webinars/
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.
Blockchains: Opportunities & Risks for Law Firms [RelativityFest 2018]Kroll
With a dramatic increase in high-profile receiverships, regulatory fact finding, and class action lawsuits, it’s clear that cases involving blockchain technology are on the rise—and so is the risk these engagements bring to your firm. Learn what you can do to recognize when digital assets (such as Bitcoin and Ethereum) are involved in an engagement, how to reduce your exposure to risk with proper collection and review processes, and how to uncover and understand all the relevant information.
Presented by Josh McDougall, Director, Cyber Risk at Kroll during RelativityFest 2018
From 7331 to legal : a selection of blockchain discussion topicsKoen Vingerhoets
During the Computational Law & Blockchain Festival (#clbfest19) of 2019/03/16, organised by the @LegalHackersBXL (@Tommy Vandepitte), I had the opportunity to address a room filled with legal people. Awesome!!
I started with a short business inspired explanation of #blockchain (oh - #hashing was there too), followed by a deeper dive in some specific topics. These topics are imho the elements requiring more legal input and as such a better understanding. Collaboration between your 7331 IT people and their legal colleagues benefits from a common view on the technology.
Koen Vingerhoets (https://www.slideshare.net/koenvingerhoets) explained (a) the basics of blockchain in its 6 key elements (transparency, ownership, traceability, distributed, trust, smart contracts) and (b) a few technical aspects on blockchain, like hashing, smart and ricardian contracts, bugs in the code, private ledgers, aspects to take into account to govern a (private) blockchain, and the impact of (EU) regulation.
The context was the second (2019) edition of the Computational Law and Blockchain Festival (#CLBFest), Brussels' node.
How to raise $100M for your healthcare startup via ICO: Breaking the myths of...VSee
Telehealth Failures & Secrets to Success Conference 2017 by VSee
Speaker: Danny Yang & Tim Swanson
CEO of BlockSeer & Director of Post Oak Labs
More info at: vsee.com/conference
This provides a deep intro to the blockchain technology, and explores several use-cases within healthcare where it could lead to disruption and add value
Blockchain and Supply Chain (Series: Blockchain Basics)Financial Poise
Traceability of components of products - from food to fashion - is central to the promise of using blockchain to organize and operationalize data from the web of supply chains. How would traceability bring value? How do blockchain and smart contracts work? And how would these foster traceability? What has been done so far in this regard? What issues and tensions account affect adoption of traceability, whether by blockchain or other means? We have assembled for this discussion a builder of blockchain-based traceability solutions, a traceability entrepreneur via blockchain and other means, and an intellectual property attorney (and former software engineer) who advises clients on technology-driven transactions.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/blockchain-and-supply-chain-2020/
A quick overview on Blockchain and how this technology will help in bringing the trust in a decentralized network. This was presented in IASA eSummit: http://iasaglobal.org/june-2016-esummit/
Presented at the University of Washington CoMotion. Lawrence discusses the aspects of modern leadership for entrepreneurs and others. What the qualities and what should you consider as your leadership as the journey you take with others.
Change is more difficult in today's environment. Companies are under great levels of inspection and have diverse generations of Milennials, Gen X and Boomers. This overview takes business leaders through key points that must be addressed by all stakeholders and staff.
Seattle Biz-Tech Summit 10-2015 CyberSecurity and the BoardLERNER Consulting
Today every company is an IT company. They have valuable data and technology assets regardless of the industry. Cyber attacks can come from all sectors. Boards and Executive teams are now being held accountable for preparation and action plans. Five steps for the Board
Alternative payment methods 03 2015 LERNER ConsultingLERNER Consulting
Pre-pay is not new. Punch cards, stored value have been in Retail for decades. The landscape has changed due to technology and globalization. With the rise of newer payment scenarios such as Uber, merchants, banks and others responsible for forms of money transmission are seeing new and disruptive models. Adopters in the fast late will gain advantages, while slow and steady goers will find the toll road not to their liking.
Standardized template for creating a description of the work a consultancy has done for client work. Often consultants write the case study from their perspective ("Here's what I achieved"). This is meant to address what the client achieved through this effort.
One page executive style project/program status report. The template, is purposefully one page with specific key elements. It's meant to force the writer to provide activities, analysis around lessons learned and provide traffic lights on key program elements.
LERNER Change Management: A Journey Planner 10-2013LERNER Consulting
Change Management is a journey. Understanding the root cause of change and building a comprehensive plan is essential. Keeping change alive and on track is more difficult than simply stating the goal. It may seem counterintuitive but change is not self-sustaining. A plan that is equal parts roadmap, process, technology and systems with well-developed communication themes is necessary. It needs to be nurtured with active support and management guidance. If that weren’t the case, incumbents would always be re-elected.
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
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Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
2. Confidential Information
#FollowTheMoney
• Token sales of blockchain are north of $2,000,000 this year
• CME (12/18) and CBOE (12/10) begin trading Bitcoin futures
• $500M in VC money in 2016
• Bitcoin hit $4,000 $7,300 $10,000 $12,000 $19,000
• 18,000 cryptotokens launched
• Crypto-millionaires investing
2
3. Confidential Information
Blockchain Evolution – FinTech Emerges
• 1.0 – Currencies
– Hardwired to crypto fund transfers. Uni-tasker
• Consensus based
– 2.0 – Contracts
• Recorded agreements across transactional processes. Multi-tasker
– 3.0 – Organizing Activity
• Assets are owned and may transact with one another.
• Smart homes, distributed devices in remote areas (E.g., farms)
3
4. Confidential Information
Bitcoin- Just Three Things
1. The value of a bitcoin is market reactive
(volatile)
- Like stocks
2. Bitcoin transactions are not reversible
- Like cash
3. There are no bitcoins
– There are only bitcoin transactions
4
6. Confidential Information
Steps in a Transaction
• Only transactions may be traded
• Wallets create the transaction details
• Networks in bitcoin transactions create transparent
ledgers
• Identity is ensured by a “key” system
• Proof not trust is what the system relies upon
– Proof establishes identity (of the transaction)
– Proof of work established in a hash
6
8. Confidential Information
Why separate the Blockchain from Bitcoin
• Common vocabulary
– The blockchain – The underlying
ledger solution for Bitcoins
– A blockchain – The technology
solutions that solve distributed
record keeping
– Distributed Ledger Transactions
(DLT) – Consensus based
transactions
– Proof of Work
– Proof of Stake
8Byzantine General Scenario
9. Confidential Information
What is a blockchain?
9
Recorded events (ledger entries) recorded chronologically and
verified by multiple third parties. May be public or private
10. Confidential Information
What’s in a Blockchain Ledger?
10
1. Eye Exam 5/12/2017
Patient 8931
2. Visit on 5/12/2017
3. Need new glasses
4. New prescription
Patient 8931
5. Prescription 99881
filled
6. Follow-up appt
scheduled 6/12/2017
7. Annual Checkup
5/12/2018
1. Eye Exam 5/12/2017
Patient 8931
2. Visit on 5/12/2017
3. Need new glasses
4. New prescription
Patient 8931
5. Prescription 99881
filled
6. Follow-up appt
scheduled 6/12/2017
7. Annual Checkup
5/12/2018
1. Eye Exam 5/12/2017
Patient #8931
2. Office visit on
5/12/2017
3. Need new glasses
4. New prescription
Patient 8931
5. Prescription 99881
filled
6. Follow-up appt
scheduled 6/12/2017
7. Annual Checkup
5/12/2018
• Rows of information, like
a database
• Validation and
verification is based on
mistrust
• Public audit trails, (we’ll
talk about private ones
later)
• Record keeping by many
third parties often
unknown
11. Confidential Information
Why will Blockchains get Adopted?
11
• 400,00 transactions per day
• Median transaction fee of $3.25
• Average time for median block size is up to 45 minutes
$1,000
• 600,00 transactions per day
• There are a total of 18,140 ERC-20 Token Contracts
• See the token values at https://etherscan.io/tokens
Ether
$17,000
13. Confidential Information
Platforms = Wealth: Amazon Web Services
13
• Spun-off from Retail
business in 2006
• AWS Q1 2016
– $604 MM
• AWS Q1 2017
– $890 MM
• Operating Margin
– 24%+
https://www.recode.net/2017/4/27/15451726/amazon-q1-2017-earnings-profits-net-income-cash-flow-chart
14. Confidential Information
and verified by multiple, independent third parties
Blockchains are…
Recorded events or transactions (called ledger entries)
recorded chronologically, mathematically signed
Blockchain in 3D
• Decentralization
• Disintermediation
• Distributed [Ledger]
14
15. Confidential Information
What Makes a Good Case for using
Blockchain?
15
1. Multiple parties share data
– Multiple participants need views of common
information
2. Multiple parties update data
– Multiple participants take actions that need to be recorded
and change the data
3. Verify Trust
– Every participant requires validation of the transactions
and integrity of data written
4. Decentralized
– No single repository or owner of the repository locations
5. Distributed Ledger
– Data is written across multiple ledger entries
16. Confidential Information
Is This a Hammer In Search of a Nail?
• Inter-Company Transfers (manual hand-offs)
– Insurance
– Property and title transfers
– Anything with government as a third party
• Verifiable Record Management
– Formally physical assets now digital (stocks, currency, prescriptions,
vehicles)
• Identity Management
– Identity and “certificates of trust” for mobile economy companies such as
AirBnB and Uber
– Reputation
• Smart Contracts
– It’s the new Software as a Service
16
17. Confidential Information
Private vs. Public Blockchains
• Public
– Many third parties
validate ledger entries
– No single “owner”
– Harder for the black hats
to take over
– Policy changes are by
consensus unlike
companies (e.g.,
Facebook)
17
Private
– Faster to close or clear transactions
– Potential for a single owner – Bad scenarios
for trust
– Good for small autonomous networks
– Internet of Things
18. Confidential Information
Namespaces
• A namespace is simply a boundary not unlike the
borders of a country or the address
– (Washington Monument, CenturyLink Field).
• Namespace architectures are addresses
– The are used to bound the scope of a set of activities
or actions
– Some blockchains (Ethereum, RChain) allows us to
compose name spaces. That is, they may or may not
be shared
• This allows us to search through or for an exact
node allowing transactions via smart contracts to
both process faster and more precisely.
• Namespaces can be both public and private.
– Private Namespaces are valuable for transactions
between two parties (e.g., funds transfer) or complex
ones between select partners such as supply chain.
18
19. Confidential Information
Smart Contracts and Oracles
• Used loosely as ‘contract’, a
smart contract is a process with
– Persistent state
– Associated code
– Deterministic which is why you
need…
• Oracles are connections to the
outside world
– They are designed to ”edge trigger”
smart contracts.
– When one or more conditions are
true they cause a smart contract to
run 19
20. Confidential Information
Zero Knowledge Proof
• Completeness:
– If the assertion is true, the verifier is convinced of the truth
of the statement
• Soundness:
– If the statement is false, no bad prover can convince the
honest verifier that it is true, except with some small
probability.
• Zero-knowledge:
– If the statement is true, no verifier learns anything more
than that
– Example:
• “I keep a speckled colored dragon”
• “I am over 21”
• “This is the password to my bank account”
20
Proving you have knowledge of something without having to share the source
of data.
Trust
Verifier
Prover
did: x17lkee0ekimcubutadi4soqnz
duplicate :: [a] -> [a]
duplicate [] = []
duplicate (x:xs) = [x, x] ++
duplicate xs
main = print $duplicate
"abc"
Smart
Cont ract
Yes/ No
a8a7ljtykbktj5
trsnj8did8rm
5ubf6i3kg3ls
chgtha95zqa6
Encrypted
Asset
22. Confidential Information
Where are Some Immediate Opportunities?
• Onboarding
– Costs
– Opportunities
– Churn in the industry
• Fraud Detection
– Estimates show that 5 – 10% of non-healthcare claims are fraudulent.
Identity resolves tracking the information
• Document Packages
– Requires the least amount of group participation
– Signing and sharing is well established
• Identity
• Micropayments
22
#FollowTheMoney
23. Confidential Information
Barriers/Opportunities
• Regulators want to address single entities and not
networks
• Too many use cases where everyone must participate
• Hot potato of risk
– Last one holding it, gets stuck with the check
• PII
– Right to be forgotten
– Where is the data shared/stored
– Keep the data only for as long as necessary
23
25. Confidential Information
Lawrence I Lerner
• Bridging the gap between the Business and Technology
– 25 years executive leadership (PricewaterhouseCoopers, Cognizant)
– Every day technology product launched Motorola, Discover Card, The
New York Times, Safeway Stores, in-store coupons
– Four years of blockchain related work
– 15 startup companies – leadership and funding
– Public and Private board roles
• lawrence@lawrenceilerner.com
• Direct: +1.630.248.0663 (Seattle Based)
• Twitter: RevInnovator
• LinkedIn: https://www.linkedin.com/in/lawrencelerner/
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27. Confidential Information
Blockchain Projects and Technologies
• Open Source and Open Source projects
• Hyperledger – Hyperledger.org
– Open source projects supported by the Linux Foundation
• Fabric – IBM supplied technology for distributed ledgers
• Iroha (ee-roh-ha) - Soramitsu, NTT Data, Colu
• Sawtooth Lake – Intel
• Ethereum – Ethereum.org
– Distributed scripting language which is “coin-operated”
– Smart contracts between individual entities
• Enterprise Ethereum (Entethalliance.org)
– Business consortium based project. Technologies that acknowledge the need for regulatory compliance
• Eris (now Monax) Monax.com
– Pre-built blockchain solutions
– Examples Asset Managements, Claim Management
• Ripple (Ripple.com)
– Basic settlement process between banks
• Quorum (https://www.jpmorgan.com/country/US/EN/Quorum)
– Open Source from JPMorgan Chase to validate transactions amongst trust third parties
• R3 (R3cev.com)
– Company based consortium developing a blockchain technology (Corda) for permissions and privacy. Ledgers are
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Editor's Notes
Earnable tokens
Auto insurance
Commercial vehicles
Buildings
Game: I make an assertion that someone in the room has a secret. The secret is the form of a possession (e.g., a pink iWatch). Everyone is instructed to look down and not at anyone else to verify this. Everyone then tells someone next to them name AND true or false. I then ask who has the truth. That person is my smart contract