SlideShare a Scribd company logo
Meeting of the Blockchain
Community
What will happen after the collapse of
the cryptocurrency bubble?
Emiliyan Enev, Co-founder & CEO of ReCheck.io
Software University, 26 November 2017
General results expected
from blockchain solution
• Speed (end-to-end automation)
• Reduced costs (sending nearly infinite amounts of
data to giant processing facilities)
• Increased revenue and efficiency (freeing up excess
capacity for reuse)
General results expected
from blockchain solution
• Increased security and integrity (trust is designed into
the network infrastructure)
• Increased privacy protection (intermediary can’t
override or ignore rules defined in blockchain)
• Improved understanding of underlying processes and
strengthened predictive capability
When to use blockchain
When organizations and people that
do not know or trust each other need
to interact
When to use blockchain
When we want to provide secured
shared access to same data
When to use blockchain
When we want to protect data against
tampering, modification or deletion
When to use blockchain
When we want to exchange value
directly and quickly
When we want to distribute value
in fair and transparent way
When to use blockchain
When you want to comply with new
regulations and laws (especially in the
field of data protection)
When to use blockchain
When you want to do precise
tracking and have full traceability
When to use blockchain
Escape the zero sum game.
Aim at positive sum game.
When to use blockchain
Do no reproduce existing processes
on blockchain.
Re-think, re-ingeneer and re-build
Shared values and community
Transparency, visibility,
accountability, fair relations,
responsibility
Collective intelligence
Don’t use blockchain if
• If you do something internal for
your organization
• If you do it just because it is
fancy and modern
• If you are not sure what data
you are willing to share
Digital twin of factory
• Digital model of physical factory
• Real-time status and working
conditions of physical objects
• Sensor-driven asset health
management systems
Relieving administrative burden
• Electronic documents connected to
identity of products
• Optimizing the data flow
• Removing paper
• Full history of facts added and signed
Wrapping services around
products
• Smart tagging of products
• Tag – pointer to smart contract
• Smart contracts invoke logic
• Providing services on blockchain
• Electronic guarantee
Peer-to-peer smart financing
• Short-term loan for working capital
• Contracts for delivery serve as pledge
• Once payment is executed
the smart contract pays off the loan
Digital passport of equipment
• Generating identity of equipment
with chips
• Claiming and managing ownership
• Additional services related to the
product – guarantee, new parts, etc.
Thank you!
Emiliyan Enev
enev@recheck.io

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Meeting of the Blockchain Community and discussion about the cryptocurrency bubble.

  • 1. Meeting of the Blockchain Community What will happen after the collapse of the cryptocurrency bubble? Emiliyan Enev, Co-founder & CEO of ReCheck.io Software University, 26 November 2017
  • 2. General results expected from blockchain solution • Speed (end-to-end automation) • Reduced costs (sending nearly infinite amounts of data to giant processing facilities) • Increased revenue and efficiency (freeing up excess capacity for reuse)
  • 3. General results expected from blockchain solution • Increased security and integrity (trust is designed into the network infrastructure) • Increased privacy protection (intermediary can’t override or ignore rules defined in blockchain) • Improved understanding of underlying processes and strengthened predictive capability
  • 4. When to use blockchain When organizations and people that do not know or trust each other need to interact
  • 5. When to use blockchain When we want to provide secured shared access to same data
  • 6. When to use blockchain When we want to protect data against tampering, modification or deletion
  • 7. When to use blockchain When we want to exchange value directly and quickly When we want to distribute value in fair and transparent way
  • 8. When to use blockchain When you want to comply with new regulations and laws (especially in the field of data protection)
  • 9. When to use blockchain When you want to do precise tracking and have full traceability
  • 10. When to use blockchain Escape the zero sum game. Aim at positive sum game.
  • 11. When to use blockchain Do no reproduce existing processes on blockchain. Re-think, re-ingeneer and re-build
  • 12. Shared values and community Transparency, visibility, accountability, fair relations, responsibility Collective intelligence
  • 13. Don’t use blockchain if • If you do something internal for your organization • If you do it just because it is fancy and modern • If you are not sure what data you are willing to share
  • 14. Digital twin of factory • Digital model of physical factory • Real-time status and working conditions of physical objects • Sensor-driven asset health management systems
  • 15. Relieving administrative burden • Electronic documents connected to identity of products • Optimizing the data flow • Removing paper • Full history of facts added and signed
  • 16. Wrapping services around products • Smart tagging of products • Tag – pointer to smart contract • Smart contracts invoke logic • Providing services on blockchain • Electronic guarantee
  • 17. Peer-to-peer smart financing • Short-term loan for working capital • Contracts for delivery serve as pledge • Once payment is executed the smart contract pays off the loan
  • 18. Digital passport of equipment • Generating identity of equipment with chips • Claiming and managing ownership • Additional services related to the product – guarantee, new parts, etc.
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