2. DEUTSCHE BANK
Deutsche Bank was following a
mixed IT and digital strategy
Deutsche Bank planned to
substantially invest in digital
technologies, spending €1 billion by
2020 to capture new revenue
opportunities.
In early 2015, Deutsche Bank
announced the initial outline of
its “Strategy 2020,” in which the
bank committed to become a
more digital bank
Financial services company with
operations in over 70 countries and
$1.7 trillion in assets under
management
Four lines of business (Global
Markets, Global Transaction Banking,
Asset Wealth Management and
Private Wealth & Commercial Clients)
Provided commercial and investment
banking, retail banking, transaction
banking and asset and wealth
management products and services
4. INITIAL CONVERSATION
2014
Rhomaios Ram, and Paul Maley were having a
conversation about blockhain technology,
bitcoin and the impact of blockchain on
banking
Ram felt that blockchain was having a "tipping
point" moment
Edward Budd added to the conversation by
citing potential examples blockchain use in
banking, such as Cross-border or securities
space.
Soon after their initial conversation, Maley and
Ram decided Deutsche Bank needed to take
action on blockchain
5. What is blockchain technology, and how
can it be used in organizations and
industries to create value?
7. BLOCKCHAIN AND
ITS APPLICATIONS
MONEY TRANSFER
Decentralised Digital
Currency Bitcoin
SMART CONTRACTS
Consider what you’re trying to
accomplish financially within the
time span of your strategic plan.
SMART CORPORATE BONDS
Consider what you’re trying to
accomplish financially within the
time span of your strategic plan.
8. BLOCKCHAIN AND
ITS APPLICATIONS
MONEY TRANSFER
Consider what you’re trying to
accomplish financially within the
time span of your strategic plan.
SMART CONTRACTS
Self Executing Contract
SMART CORPORATE BONDS
Consider what you’re trying to
accomplish financially within the
time span of your strategic plan.
9.
10. BLOCKCHAIN AND
ITS APPLICATIONS
MONEY TRANSFER
Consider what you’re trying to
accomplish financially within the
time span of your strategic plan.
SMART CONTRACTS
Consider what you’re trying to
accomplish financially within the
time span of your strategic plan.
OTHER SECTORS
Healthcare, Logistics etc
11. BLOCKCHAIN AND
ITS APPLICATIONS
INTERNET OF THINGS
High security, tranparency
and incorruptibility
NON FUNGIBLE TOKENS
Consider what you’re trying to
accomplish financially within the
time span of your strategic plan.
GOVERNMENT
Consider what you’re trying to
accomplish financially within the
time span of your strategic plan.
12. BLOCKCHAIN AND
ITS APPLICATIONS
INTERNET OF THINGS
Consider what you’re trying to
accomplish financially within the
time span of your strategic plan.
NON FUNGIBLE TOKENS
Own digital assets music,
GIF, videos etc GOVERNMENT
Consider what you’re trying to
accomplish financially within the
time span of your strategic plan.
13. BLOCKCHAIN AND
ITS APPLICATIONS
BITCOIN
Consider what you’re trying to
accomplish financially within the
time span of your strategic plan.
SMART CONTRACTS
Consider what you’re trying to
accomplish financially within the
time span of your strategic plan.
GOVERNMENT
Usage in voting,
documentation,
accountability
14. Is blockchain technology a disruptive platform?
Disruptive Technology:
Alters the system/habit
Impact on banking New payment
infrastructure
Secures transaction on
public netwrok
Ledger of transactions
Automates routine and
repetitive transactions
Ensures compliance
among parties
15. How did the Deutsche Bank managers lay the
foundations for commercializing blockchain?
Blogs to generate awareness among employees
Hosted Distributed Ledger Workshop
Sought help from enthusiasts
Around 2015 focused on onboarding right people from
different part of the organization
Used Deutsche Bank labs to investigate the impact of
blockchain
16. Progression of the Case
Modelling Corpoate
Bond Lifecycle
Measuring Success
Originating and Validating
Corporate Bond Smart
Contracts
Setting up a Distributed Ledger
Environment and Executing
Smart Contracts over a
Blockchain
05
06
07
08
Initial Conversation
From Business Case to
Experimentation
Raising Awareness
Deutsche Bank Labs
01
02
03
04
17. Action Play: How should Deutsche Bank move
ahead to start creating value from blockchain?
The Deutsche Bank should start by increasing awareness of
blockchain across all of its sites.
Building bank labs initially was a good move.
The Deutsche Bank can contribute to value creation with smart
contracts.
Deutsche Bank should invest in broad knowledge and serve its
customers' interests in order to create value for them.
Adopt blockchain by utilizing cryptocurrencies as an
alternative payment option.
Incorporation of blockchain to manage the bank's physical and
digital assets
By continuing in this manner, Deutsche Bank will be able to
increase demand.
18. Which key issues should it consider?
Smart Contracts
Securing
Technology
Ability to explore
Blockchains
Regulatory
Oversight
