Blockchain technology has changed the revolution of data storage and privacy. Decentralized data storage technique in Blockchain introduced the dependent ledger system. The main motive of Blockchain is to avoid the third party authorization and validation process and intermediaries. This research process shows the different areas where Blockchain can be implemented and some guidelines. And what are the factors need to be considered while deploying the distributed ledgers. Nitin | Dr. Lakshmi J. V. N | Sharique Raza "A Study on Applications of Blockchain" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-6 , October 2020, URL: https://www.ijtsrd.com/papers/ijtsrd33693.pdf Paper Url: https://www.ijtsrd.com/computer-science/other/33693/a-study-on-applications-of-blockchain/nitin
Implementing Blockchain applications in healthcarePistoia Alliance
Blockchain technology can revolutionise the way information is exchanged between parties by bringing an unprecedented level of security and trust to these transactions. The technology is finding its way into multiple use cases but we are yet to see full adoption and real-world business implementation in the Healthcare industry.
In this webinar we will explore the main challenges and considerations for the implementation of Blockchain technology in Healthcare use cases. This is the third webinar in our Blockchain Education series.
Blockchain technology has changed the revolution of data storage and privacy. Decentralized data storage technique in Blockchain introduced the dependent ledger system. The main motive of Blockchain is to avoid the third party authorization and validation process and intermediaries. This research process shows the different areas where Blockchain can be implemented and some guidelines. And what are the factors need to be considered while deploying the distributed ledgers. Nitin | Dr. Lakshmi J. V. N | Sharique Raza "A Study on Applications of Blockchain" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-6 , October 2020, URL: https://www.ijtsrd.com/papers/ijtsrd33693.pdf Paper Url: https://www.ijtsrd.com/computer-science/other/33693/a-study-on-applications-of-blockchain/nitin
Implementing Blockchain applications in healthcarePistoia Alliance
Blockchain technology can revolutionise the way information is exchanged between parties by bringing an unprecedented level of security and trust to these transactions. The technology is finding its way into multiple use cases but we are yet to see full adoption and real-world business implementation in the Healthcare industry.
In this webinar we will explore the main challenges and considerations for the implementation of Blockchain technology in Healthcare use cases. This is the third webinar in our Blockchain Education series.
Blockchain is a disruptive technology currently becoming the news topic of everyday. This presentation explains three essential questions relating to Blockchain:
1) Why to use it?
2) How does Blockchain actually work?
3) Where its currently being used and where it could be used.
Few examples have been explained using the Blockchain 1.0 i.e. BitCoin Blockchain.
Some use cases have been visited in this ppt.
Microsoft Azure for Blockchain as a Service (BaaS) has also been touched upon.
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
A.Schumacher (2017) Blockchain & Healthcare: A Strategy GuideGalen Growth
The healthcare industry needs a revolution – and it is here now. Trusted and open R&D processes, auditable & secure transactions between parties, authenticated by mass collaboration and powered by collective self-interest, rather than by fewer and fewer pharmaceutical giants motivated by profit alone. This healthcare ecosystem is immune to exorbitant drug prices, tampering, fraud, or political control. The name of the technology that makes all this happen is blockchain, a tool that will fundamentally change the healthcare sector. Blockchain will prove to be indispensable in building a global precision-medicine ecosystem that optimally connects patients, clinicians, researchers, insurers and clinical laboratories to one another.
Blockchain Technology in Banking Services - A ReviewGokul Alex
My session for IIM Bengaluru for the Executive Leaders of Public Sector Banks in India about the principles, paradigms, platforms, protocols and potentials of Blockchain Technology in 2020.
Top 10 companies using blockchain for healthcare securityBlockchain Council
A block in a blockchain refers to a collection of data. A blockchain is immutable as it is impossible to change data once it is added to the blockchain. The blocks are linked to form a chain and this is what makes a blockchain so trustworthy. It is this decentralized nature of blockchain, which makes doctors, patients, and healthcare providers to gain access to the same information quickly and safely.
Why is it critical for your enterprise to understand Blockchain technology an...ISHIR
Blockchain has become the talk of the town of late. But it wasn’t until bitcoin made its way into the markets in 2009 that everyone began to notice it. Bitcoin became immensely popular as a cryptocurrency, and lately people have been looking at its underlying technology, blockchain, as a disruptor in the digital business space. Learn how it will impact your business.
A blockchain is essentially a distributed database of records or public ledger of all transactions or digital events that have been executed and shared among participating parties. Each transaction in the public ledger is verified by consensus of a majority of the participants in the system. And, once entered, information can never be erased. The blockchain contains a certain and verifiable record of every single transaction ever made. To use a basic analogy, it is easy to steal a cookie from a cookie jar, kept in a secluded place than stealing the cookie from a cookie jar kept in a marketplace, being observed by thousands of people. In the report, it distinguishes between multiple types of blockchains and explains the two biggest platforms, namely Bitcoin and Ethereum. While introducing those two platforms we explain the most important technology and algorithms used such as proof of work concept. Some of the security issues and solutions are also covered. We conclude with some concrete Ethereum based applications that demonstrate the usage of blockchain technology beyond cryptocurrency and illustrate current developments in this field.
This document presents an overview of the Blockchain applications in Life Sciences. The applications are mapped onto Life Sciences value chain – preclinical, clinical, manufacturing, distribution, and customer. Blockchain could be used in many applications across the value chain including but not limited to peer-to-peer network, data storage, smart contracts and file sharing. This innovative technology presents a lot of promise in accelerating drug discovery and removing many inefficiencies.
This disclaimer informs readers know that the views, thoughts, and opinions expressed in the presentation belong solely to the author, and not to the author’s employer, organization, committee or other group or individual.
Healthcare Blockchain Summit, Washington DC Mar 21, 2017Edward Bukstel
There is much talk of how Blockchain will revolutionize healthcare. This hype must be tempered by the fact that healthcare already has a trust factor built-in, or patients would not take pills prescribed by doctors, or let providers stick needles in their bodies. It is often said that “Riches are in Niches,” and this is the case for blockchain and areas that are tangential to the direct care of the patient.As referenced in the 2015 ONC Interoperability Roadmap, Social Determinants of Health (SDoH) will need to be connected to the patients’ health status. Physicians currently monitor carboxyhemoglobin as an indicator of a patient’s level of smoking. As part of a smoking cessation program, a smart contract on the clinical Blockchain could identify normal blood carboxyhemoglobin (COhb) as reported by a clinical reference lab from the Laboratory Analyzer Blockchain and execute a request to increase an incentive benefit controlled by a “private / permissioned” USDA Clinical Blockchain. The clinical Blockchain will track the specific “chain of custody” from iStat Analyzer (Accriva, Radiometer, etc…) to the patient test results report, which triggers the smart contract with the USDA to distribute an incentive. Both the physician and the patient are notified of the disbursement. Similar use cases could be implemented for patients with diabetes, and obesity, helping people live healthy lives.
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.
Blockchain is a disruptive technology currently becoming the news topic of everyday. This presentation explains three essential questions relating to Blockchain:
1) Why to use it?
2) How does Blockchain actually work?
3) Where its currently being used and where it could be used.
Few examples have been explained using the Blockchain 1.0 i.e. BitCoin Blockchain.
Some use cases have been visited in this ppt.
Microsoft Azure for Blockchain as a Service (BaaS) has also been touched upon.
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
A.Schumacher (2017) Blockchain & Healthcare: A Strategy GuideGalen Growth
The healthcare industry needs a revolution – and it is here now. Trusted and open R&D processes, auditable & secure transactions between parties, authenticated by mass collaboration and powered by collective self-interest, rather than by fewer and fewer pharmaceutical giants motivated by profit alone. This healthcare ecosystem is immune to exorbitant drug prices, tampering, fraud, or political control. The name of the technology that makes all this happen is blockchain, a tool that will fundamentally change the healthcare sector. Blockchain will prove to be indispensable in building a global precision-medicine ecosystem that optimally connects patients, clinicians, researchers, insurers and clinical laboratories to one another.
Blockchain Technology in Banking Services - A ReviewGokul Alex
My session for IIM Bengaluru for the Executive Leaders of Public Sector Banks in India about the principles, paradigms, platforms, protocols and potentials of Blockchain Technology in 2020.
Top 10 companies using blockchain for healthcare securityBlockchain Council
A block in a blockchain refers to a collection of data. A blockchain is immutable as it is impossible to change data once it is added to the blockchain. The blocks are linked to form a chain and this is what makes a blockchain so trustworthy. It is this decentralized nature of blockchain, which makes doctors, patients, and healthcare providers to gain access to the same information quickly and safely.
Why is it critical for your enterprise to understand Blockchain technology an...ISHIR
Blockchain has become the talk of the town of late. But it wasn’t until bitcoin made its way into the markets in 2009 that everyone began to notice it. Bitcoin became immensely popular as a cryptocurrency, and lately people have been looking at its underlying technology, blockchain, as a disruptor in the digital business space. Learn how it will impact your business.
A blockchain is essentially a distributed database of records or public ledger of all transactions or digital events that have been executed and shared among participating parties. Each transaction in the public ledger is verified by consensus of a majority of the participants in the system. And, once entered, information can never be erased. The blockchain contains a certain and verifiable record of every single transaction ever made. To use a basic analogy, it is easy to steal a cookie from a cookie jar, kept in a secluded place than stealing the cookie from a cookie jar kept in a marketplace, being observed by thousands of people. In the report, it distinguishes between multiple types of blockchains and explains the two biggest platforms, namely Bitcoin and Ethereum. While introducing those two platforms we explain the most important technology and algorithms used such as proof of work concept. Some of the security issues and solutions are also covered. We conclude with some concrete Ethereum based applications that demonstrate the usage of blockchain technology beyond cryptocurrency and illustrate current developments in this field.
This document presents an overview of the Blockchain applications in Life Sciences. The applications are mapped onto Life Sciences value chain – preclinical, clinical, manufacturing, distribution, and customer. Blockchain could be used in many applications across the value chain including but not limited to peer-to-peer network, data storage, smart contracts and file sharing. This innovative technology presents a lot of promise in accelerating drug discovery and removing many inefficiencies.
This disclaimer informs readers know that the views, thoughts, and opinions expressed in the presentation belong solely to the author, and not to the author’s employer, organization, committee or other group or individual.
Healthcare Blockchain Summit, Washington DC Mar 21, 2017Edward Bukstel
There is much talk of how Blockchain will revolutionize healthcare. This hype must be tempered by the fact that healthcare already has a trust factor built-in, or patients would not take pills prescribed by doctors, or let providers stick needles in their bodies. It is often said that “Riches are in Niches,” and this is the case for blockchain and areas that are tangential to the direct care of the patient.As referenced in the 2015 ONC Interoperability Roadmap, Social Determinants of Health (SDoH) will need to be connected to the patients’ health status. Physicians currently monitor carboxyhemoglobin as an indicator of a patient’s level of smoking. As part of a smoking cessation program, a smart contract on the clinical Blockchain could identify normal blood carboxyhemoglobin (COhb) as reported by a clinical reference lab from the Laboratory Analyzer Blockchain and execute a request to increase an incentive benefit controlled by a “private / permissioned” USDA Clinical Blockchain. The clinical Blockchain will track the specific “chain of custody” from iStat Analyzer (Accriva, Radiometer, etc…) to the patient test results report, which triggers the smart contract with the USDA to distribute an incentive. Both the physician and the patient are notified of the disbursement. Similar use cases could be implemented for patients with diabetes, and obesity, helping people live healthy lives.
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.
Cisco ICON Speaker Series: Blockchain - Technology that is revolutionizing th...Vishnu Pendyala
Varun Vijay's talk abstract:
Blockchain can profoundly change how the world works. It is said that Blockchain will do for transactions what the Internet did for information. It will increase trust and efficiency in the exchange of almost anything, even vehicle registration and tracking medical records - not just Cryptocurrencies. Blockchain, most simply defined as a shared, immutable ledger, has the potential to be the technology that redefines those processes and many others. Blockchain is not about Cryptocurrencies like Bitcion, but about the underlying digital foundation that supports applications such as bitcoin. The reach of Blockchain extends far beyond Crytocurrencies. The Presentation will cover the fundamentals of Blockchain and how this technology will revolutionize transactions and business networks. Audience will also discover the important difference between Blockchain and Blockchain for business and what makes Blockchain an ideal solution for streamlining business networks.
A decentralized consensus application using blockchain ecosystem IJECEIAES
The consensus is a critical operation of any decision-making process. It involves a set of eligible members; whose decision need to be honored by taking their acknowledgment before making any decision. The traditional consensus process follows centralized architecture, the members need to rely on and trust this architecture. The proposed system aims to develop a secure decentralized consensus application in the untrusted environment by making use of blockchain technology along with smart contract and interplanetary file system (IPFS).
IoT and Blockchain Challenges and RisksAhmed Banafa
The biggest challenge facing IoT security is coming from the very architecture of the current IoT ecosystem; it’s all based on a centralized model known as the server/client model. All devices are identified, authenticated and connected through cloud servers that support huge processing and storage capacities. The connection between devices will have to go through the cloud, even if they happen to be a few feet apart. While this model has connected computing devices for decades and will continue to support today IoT networks, it will not be able to respond to the growing needs of the huge IoT ecosystems of tomorrow.
At Blockchain Council, you will not only get information about Blockchain but also about the implementation of this technology in different fields. With this certification program which is specially designed for the financial system, you can easily pick up how to use Blockchain technology for KYC and other aspects of banking.
It explains the concept of Blockchain which is going revolutionize the world economy. Blockchain is going to change money, business and thus the world.
Project Bletchley is a vision for Microsoft to deliver Blockchain as a Service (BaaS) that is open and flexible for all platforms, partners and customers. In this session, we will start by giving you an intro into Blockchain technology, what it is, how and where it can be used and talk about various examples and real world scenarios that can be built with it.
Application of Blockchain Technologies in Digital ForensicsMahdi_Fahmideh
This lecture, from course CIS8708-Digital Forensics (Guide to Computer Forensics and Investigations), discusses the role of blockchain technologies in digital forensics investigation
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
Similar to Modex Talks - Innovative Technologies in Banking (20)
Blockchain can help boost the development of smart cities when paired together with innovative concepts like IoT (Internet of Things) can open a new window of opportunities and bring us closer to the vibrant and futuristic cities depicted in the novels of distinguished sci-fi writers such as Isaac Asimov.
Every once in a while a revolutionary product or technology comes along that changes everything, or sometimes an app pops up with that functionality that you deserve, some people call these unicorns. One can consider himself fortunate enough to work on such a product.
Finance is seen as one of the industries most vulnerable to disruption by software because financial services are made of information rather than concrete goods. Fintechs and banks have competed with each other for loads of money (a.k.a. financing, revenues and market share) and customer attention (a.k.a. money and data) and everyone wants a piece of the pie. A win-win situation can be reached only when you make love, not war.
Let's dive deeper into the world of ODC! Ricardo Alves (OutSystems) will join us to tell all about the new Data Fabric. After that, Sezen de Bruijn (OutSystems) will get into the details on how to best design a sturdy architecture within ODC.
JMeter webinar - integration with InfluxDB and GrafanaRTTS
Watch this recorded webinar about real-time monitoring of application performance. See how to integrate Apache JMeter, the open-source leader in performance testing, with InfluxDB, the open-source time-series database, and Grafana, the open-source analytics and visualization application.
In this webinar, we will review the benefits of leveraging InfluxDB and Grafana when executing load tests and demonstrate how these tools are used to visualize performance metrics.
Length: 30 minutes
Session Overview
-------------------------------------------
During this webinar, we will cover the following topics while demonstrating the integrations of JMeter, InfluxDB and Grafana:
- What out-of-the-box solutions are available for real-time monitoring JMeter tests?
- What are the benefits of integrating InfluxDB and Grafana into the load testing stack?
- Which features are provided by Grafana?
- Demonstration of InfluxDB and Grafana using a practice web application
To view the webinar recording, go to:
https://www.rttsweb.com/jmeter-integration-webinar
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Ramesh Iyer
In today's fast-changing business world, Companies that adapt and embrace new ideas often need help to keep up with the competition. However, fostering a culture of innovation takes much work. It takes vision, leadership and willingness to take risks in the right proportion. Sachin Dev Duggal, co-founder of Builder.ai, has perfected the art of this balance, creating a company culture where creativity and growth are nurtured at each stage.
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf91mobiles
91mobiles recently conducted a Smart TV Buyer Insights Survey in which we asked over 3,000 respondents about the TV they own, aspects they look at on a new TV, and their TV buying preferences.
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.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
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.
UiPath Test Automation using UiPath Test Suite series, part 4DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 4. In this session, we will cover Test Manager overview along with SAP heatmap.
The UiPath Test Manager overview with SAP heatmap webinar offers a concise yet comprehensive exploration of the role of a Test Manager within SAP environments, coupled with the utilization of heatmaps for effective testing strategies.
Participants will gain insights into the responsibilities, challenges, and best practices associated with test management in SAP projects. Additionally, the webinar delves into the significance of heatmaps as a visual aid for identifying testing priorities, areas of risk, and resource allocation within SAP landscapes. Through this session, attendees can expect to enhance their understanding of test management principles while learning practical approaches to optimize testing processes in SAP environments using heatmap visualization techniques
What will you get from this session?
1. Insights into SAP testing best practices
2. Heatmap utilization for testing
3. Optimization of testing processes
4. Demo
Topics covered:
Execution from the test manager
Orchestrator execution result
Defect reporting
SAP heatmap example with demo
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Neuro-symbolic is not enough, we need neuro-*semantic*Frank van Harmelen
Neuro-symbolic (NeSy) AI is on the rise. However, simply machine learning on just any symbolic structure is not sufficient to really harvest the gains of NeSy. These will only be gained when the symbolic structures have an actual semantics. I give an operational definition of semantics as “predictable inference”.
All of this illustrated with link prediction over knowledge graphs, but the argument is general.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
1. Innovative Technologies
in Banking
An in-depth overview of the future of disruptive
technologies that will leave a serious mark on
traditional banking as we know it.A Blockchain Company
2. Who is presenting
today?
Dragos RAUTU
Head of Custom DEV
https://www.linkedin.com/in/dra
gosrautu/
Alin IFTEMI
Head of Modex & CTO
https://www.linkedin.com/in/alini
ftemi/
Mihai IVASCU
CEO and Founder
https://www.linkedin.com/in/mih
ai-ivascu-179b7027/
3. The Blockchain
The greatest innovation since the inception of the internet
Fully transparent
solutions
Immutable
Data
Decentralising
Products
4. Decentralization offers the promise of nearly friction-free cooperation between members of complex networks that can add value to each
other by enabling collaboration without central authorities and middle men.
Blockchain
Applications
5. Blockchain in banking
Traditional Process
Blockchain Process
TimeNow 5 Days Later
TimeNow Minutes
Sender Mobile Wallet /
Sender Bank
Blockchain Mobile Wallet /
Receiver Bank
Receiver
Sender Sender Bank Payment System Correspondent
Bank
Foreign Exchange Correspondent
Bank
Payment System Receiver Bank Receiver
7. IBM
Onboards Banks
For Blockchain
Blockchain World Wire
First unveiled last year, IBM Blockchain World
Wire provide banks with a means to
simultaneously clear and settle near real-time
payments transactions across borders.
Stellar Framework
Taking on Swift and Ripple's xRapid payments
rail, World Wire uses the Stellar protocol to
make money transfers point-to-point, cutting
the need for conventional correspondent
banking. Settlement time can be reduced to
seconds by transmitting monetary value in the
form of digital assets - stable coins.
Real World Use Case
Now, IBM says that it has signed letters of
intent from six international banks ready to
issue their own stable coins, subject to
regulatory approval.
IBM's blockchain-based real-time global
payments network has begun rollout, with
several banks also committing to issue their
own stable coins on the platform.
REAL ADOPTION
12. 1. Payments, Especially
Cross-Border Payments
A decentralized ledger of transactions shared between
banks will solve problems like: Fast international
payments, Eliminate the banks “middle man” or
Transparency for regulators
Can be done as an
agreement between
banks at national /
international level
Can be done for single bank,
multiple branches in
multiple countries
The first and
foremost use case
of any banking
and/or financial
system.
Central and commercial banks
all over the world are now
tapping into payment
processing and potential issuing
of their own digital currencies.
Cross-border payments
have been powered
mostly by Swift or
Western Union until now.
How it can be done:
The current trend:
13. 2. Digital Identity Verification
A B C D
Checking
Face-to-face checking (can be
also via a video call such as
Skype).
Authentication
The bank client needs to
prove their identity every
time they log in to the
service.
Authorization
A proof of the client’s
intentions is needed.
Further Checks
Other 3rd party background
checks
How it’s currently done
All of these steps need to be taken for each new service provider. However, blockchain makes
it possible to securely re-use the identity verification for other services.
14. 2. Digital Identity Verification
A B C D
KYC
Customers can initiate KYC
verifications on their own
with different providers
Reporting
The report can be securely
stored on a blockchain ledger
Cost-Efficiency
All verifications will be paid
by the users
Clear Process
Bank can require a
particular set of
informations to accept
onboarding and will
request it from the user
How it can be done
E F
Data
Customer will own the
data and will grant
temporary data access to
the report
Worldwide
Available for all institutions
from everywhere
15. 3. Credit Reports for
Businesses and Individuals
A B C
Long waiting times
It may take a long time for
lenders to review the
borrower’s credit history.
Not dedicated
Traditional business credit reports provided by
third-party credit bureaus are not available for
small business owners.
Local
Credit reports might not be
available cross borders
How it’s currently done
Blockchain finance can also help individuals and small businesses to quickly get loans based
on their credit history.
16. A B C D
Storage
Financial institutions report
all the data in a blockchain
storage
Data
Customers/users will actually
own the data
Permissions
Financial institutions will
request access from the
users in order to provide a
loan
Secure
Users will provide access
with his private keys
E
Direct Process
No more “middle man”,
data is gathered from all
institutions, access is fast,
and everyone is happy
3. Credit Reports for
Businesses and Individuals
How it can be done
17. 4. Financial
Crimes Reports are delivered faster
Reports are easiest to exchange between
international parties
Reports are trustfully in front of the
regulators
This makes them potential magic bullets for complying
with AML regulations and serving as trusted repositories
of identifying information.
Same principles applies to historical transactions
which compose user profiles for AML verifications
and it can bring a huge advantage for financial
institutions in terms of getting the right reports
Blockchains are secure, immutable,
distributed ledgers of transactions.
18. Modex Blockchain as Database
Modex Blockchain as Database is a hybrid remote
data storage system composed from a blockchain
component which ensures data immutability, data
integrity, data traceability, distribution and
decentralization and a traditional database
component which ensure big data storage and quick
data access required by enterprise software solutions
Modex Blockchain as Database is a software product
designed to support businesses to migrate from
classic client-server database oriented products to a
distributed blockchain based back-end engine.
Modex Blockchain as Database is designed to help
companies to keep their data decentralized,
distributed, secured and highly available in the same
time
19. How can
this help?
Immutability
Ensure records immutability and
prove that your data was not
altered (can be proved in court of
law as well)
Traceability
Tracking assets in business
workflows using powerful record
versioning on an immutable
ledger
Integrity
Perform data integrity checks on
demand and restore lost records
Distribution
Ensure uptime, network
consistency and fast server side
access with a network of
unlimited nodes instead of a
single point of failure server
architecture
20. How can
this help?
Decentralization
Have relevant data distributed
across a network of nodes but
also with the possibility to define
access permissions rules
Real time backup
Use as many network nodes as you need just to store business data in real
time and avoid the risk to lose intermediary data using traditional snapshot
based backups
Transparency
All parties using your system will
have the possibility to maintain
their own nodes/data and
confront on shared data
transactions
21. High-Level
Architecture
● BC nodes grouped in sub-networks
● Define special behaviour for each group in regards to data
storage & data synchronisation rules
● Restrict access to particular nodes from unauthorized ip
addresses
● All authorization & licensing details are stored in a separate
blockchain network
22. Node Architecture
● Software Application is the client web / mobile app
● GRAPH QL as a query language for API Interface
● API Interface is to offer direct access to the system to any authorized
client application
● Service Processor Interface is the actual Modex Blockchain as
Database core
● Blockchain Ledger Framework is the engine used to achieve blockchain
specific operations: immutability, block synchronization & consensus
● Database engine to store relevant business data
23. What more?
02
03
04
01
05
Data Synchronization Policies
RESTRICTED NETWORK will collect all received data
but will not send records configured to remain
physically within the network boundaries
OPEN NETWORK will synchronize all data records.
Data Storage Management Policies
FULL NODE contains all data
PARTIAL NODE contains only data introduced within it’s
access points and it will retrieved other nodes data on
demand. It will also provide access to all it’s records
PRIVATE NODE contains only data introduced within it’s
access points and it will retrieved other nodes data on
demand. It will NOT provide access to it’s records
Data Encryption
Store data encrypted on field or entity level
Configure fields to be encrypted or to be saved in
clear
Multiple databases support
Defaulted with MongoDb for big data
volume and high speed
Decoupable database engine
Multiple blockchain frameworks support
Defaulted with Hyperledger Sawtooth
Ongoing integration with Ethereum engine
Decoupable blockchain engine
24. Record Versioning
All data records are stored together with their historical
versions since their creation time
Read operation can be done with a version parameter
attached in order to instruct the system which record
version to retrieve
07
Smart Data Access
Read records from database directly
Read records with blockchain integrity check to
confirm immutability
Reconstruct lost/altered records
08
File Storage - File API
Regular file upload
mechanism
Files are stored in chunks all
over the network
File download high availability
09
GraphQL Gateway & Interface
Query language built on top of Modex
Blockchain as Database API
Great interface to manage data access
operations
Very useful for web developers
10
11
Administration Interface
Maintain nodes within the network, Review data
sharing operations, Configure data sync policies,
View audit trails, Overwrite data access, Monitor
system activity, View reports and charts
06
Security Permissions & Data Sharing
PRIVATE, PERMISSIONED or PUBLIC record inserts
Permissioned records are shared between users
based on a request/consent mechanism
What more?
25. Other Cool
Features
02
03
04
01
05
Data Access
Data access through HTTP
and/or TCP protocols secured
by the OAuth2 service.
Blockchain
All writing operations are
blockchain transactions.
Optimized Queries
Reading operations are
optimized blockchain -
database queries
Data Sharing
Sharing data for a specific
period of time, based on user
consent
OAuth2
OAuth2 authentication services, used to
secure the web interfaces and all API
endpoints.