How to get started with IBM Blockchain
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How to get started with IBM Blockchain. Presentation by Christian Lassen, IBM Blockchain Leader Nordic, held at Watson Sweden Summit 2017
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How to get started with IBM Blockchain
- 1. 1Page© 2016 IBM Corporation How to get started with IBM Blockchain Christian Lassen IBM Blockchain Leader, Nordic November 7, 2017
- 2. What makes a good first blockchain use case? A limited scope, but still solves a real business problem • Minimum Viable Product in a few weeks of effort A smaller business network • Usually without requiring regulators and consortia Allows for scaling with more participants and scenarios • Consider shadow chains to mitigate risks Start small, succeed and grow fast!
- 3. – Identifying a good blockchain use-case is not always easy! – However there should always be: What makes a good blockchain use case? 1. A business problem to be solved • That cannot be solved with more mature technologies 2. An identifiable business network • With Participants, Assets and Transactions 3. A need for trust • Consensus, Immutability, Finality or Provenance
- 4. 4Page Engagement model overview 1. Discuss Blockchain technology 2. Explore customer business model 3. Show Blockchain Application demo 1. Understand Blockchain concepts & elements 2. Hands on with Blockchain on Bluemix 3. Standard demo customization 1. Design Thinking workshop to define business challenge 2. Agile iterations incrementally build project functionality 3. Enterprise integration 1. Scale up pilot or Scale out to new projects 2. Business Process Re-engineering 3. Systems Integration Remote or face to face Remote or face to face Face to face Face to face Let’s Talk Blockchain Hands-on First Project Scale
- 5. Why IBM Blockchain? • Best in class Fabric • Proven Cloud based environment • Scalability • Security • Collaborative application development through Hyperledger Composer Simplified development, governance, and operation of business networks
- 6. 7Page© 2016 IBM Corporation Thank you!
Editor's Notes
- My name is Chr Lassen and I am leading IBM BC in Nordics. Today we have seen what BC is, how it works and we now understand the benefits and the maturity of Blockchain. And things are moving ahead now. We see clients that are going into production with Blockchain solutions in 2017, clients we are engaging with. For instance 7 European has come together to start working on Blockchain. We have done our own medicine at IBM, implementing a Shadow solution in global finance as you heard today, with huge commercial benefits. For example, better cust sat and significant improved cash flow But this case also shows the easiness of getting started: you do not have to rip and replace and you can start small and think big and progress along the way. So the basis for a smooths start is there and based on our experience we have created a model for that:
- OK – this is an important, separate point arising from the relative immaturity of blockchain technologies, and the customer’s need increase their levels of awareness before embarking on anything too ambitious. We can talk for ever with a customer about (e.g.) smart contracts, but they will not really understand the true power they start to apply them to their business. So the essence is BE AGILE – start small (with a clear business focus) – show success (by stakeholder demonstration) – grow fast (through focused, agile development). This is easier if we limit the business network to a few participants initially, then grow it over time by demonstrating the MVP to the other participants.
- These are three, pragmatic tests that we can apply to assess the use case suitability for blockchain. Let’s look at each in a little more detail. Point 1 is in two parts. The first may sound obvious, but the only way to really get to grip with blockchain for business is to focus on what challenges your users currently. Our most successful projects are sponsored by the users in an organization who are unhappy with how things are working today. Another way to put this is to avoid “technology experiments” . . . The second part of point 1 is important because blockchain is new, and not yet a stable, mature technology – so if the problem can be solved with (for example) a distributed database, let’s do that! Another way to put this is to avoid “blockchain religion” . . . The second point in *direct* terms is no business network = not a blockchain use case! As we covered at the start of Blockchain Explained, the business network will generate wealth by transference of assets between participants in the form of transactions. The third point is important. Trust is engendered through consensus, immutability, finality & provenance. The more important TRUST is to the use case, the more VALUE blockchain will add.
- OK – this is an important, separate point arising from the relative immaturity of blockchain technologies, and the customer’s need increase their levels of awareness before embarking on anything too ambitious. We can talk for ever with a customer about (e.g.) smart contracts, but they will not really understand the true power they start to apply them to their business. So the essence is BE AGILE – start small (with a clear business focus) – show success (by stakeholder demonstration) – grow fast (through focused, agile development). This is easier if we limit the business network to a few participants initially, then grow it over time by demonstrating the MVP to the other participants.