SlideShare a Scribd company logo
1
Minsait Blockchain Practice
___
Blockchain for companies: experiences on
how to face the transformation
2
Our vision
3
2009
Ethereum
Launch
Litecoin &
Namecoin
Launch
2011
First ICO
2017
Ripple
Launch
Hyperledger
Launch
Bitcoin
Creation
Blockchain
team creation
2016
First steps in
the
development
of assets
TokenIt
foundation
StampIt
foundation
TraceIt
foundation
PoC
Rewards system
for Indra´s
employees
MyCash
foundation
Ethereum
TokenIt
foundation
Alastria network
Establishment
Paper
“How Blockchain
impacts in Logistics
4.0”
2018
Digital Emerging
Technologies
creation
Assets
deployment in
Alastria
network
Quorum J.P.
Morgan
Launch
2015
Alastria
Launch
PoC
OpineIt
Blockchain: our history
IBM-Minsait
Expert Center creation
4
Communication
Customers
Regulation
Business
Blockchain values
Assets
Technology
People
Blockchain is collaboration
Blockchain: dimensions
Blockchain is business
Blockchain is technology
5
Records
Traceability
Tokenization
Blockchain: main application lines
Relationships
(interoperability)
TRUSTVALUE
6
Alastria
Multi-sectorial association, promoted by companies
and institutions, for the establishment of a semi-public
permissioned blockchain infrastructure in Spain.
Support for legally effective services in
Spain and in accordance with European
regulations
Basic blockchain infrastructure "Red Alastria" (based on
Ethereum) and a digital identity standard that allows Spanish
society to develop its own blockchain strategy
Neutral approach: the mission is to provide
infrastructure, and not value-added services, so it
has the purpose of building a platform with no use
case or business model.
Indra is a founder member of Alastria
7
Our experience
8
Minsait is a Blockchain leader through its Blockchain Practice team.
Minsamates Appreciation platform for employees.
Minchain Permitted private network operated by Minsait offered to Indra clients.
SGAIA Alastria Infrastructure Management and Administration Service.
Blockchain Consulting for the Spanish Institute of Foreign Trade
DET Sandbox as a Service: flexibility and agility to boost innovation.
Blockchain Expert Center. IBM and Minsait Alliance to strengthen Blockchain and offer
quality services to all types of organizations.
Experiences
TokenIt Incentive system for local dynamization.
StampIt Proof of existence service.
TraceIt Origin, authenticity, traceability and product information.
MyCash Banking service platform.
OpineIt Security and transparency into voting systems.
Assets
Our proposal
Integral proposal built from
different dimensions.
The result of our experience in the
development and
conceptualization of blockchain
solutions.
Founding partners of Alastria, we
are active members in many of the
commissions and we have
deployed the first real applications
on the testnet.
9
Smart contracts in logistics
Marketplace IoT data
Electronic evidence in audit
Employee reward system
Food traceability
Vehicle life registration
Stock management for car dealers
Citizenship platform (citizen and
tourist currency)
Blockchain in humanitarian assistance
Multi-brand promotions platform
Blockchain for citizen participation
Blockchain register for sensor
measurements
Experience in the conceptualization of blockchain solutions for different
markets identifying the business models and the necessary technological
elements
10
Blockchain for companies
11
Blockchain: perspectives and challenges
Situation and perspectives
1. The vast majority of the main companies are
already taking actions regarding blockchain.
2. The blockchain application covers various
funciontal areas in virtually all industries.
3. European Comission, CNMV (Spain) and other
entites are creating departments to promote
blockchain applications in the organizations..
4. There is interest from the regulatory bodies and
blockchain projects are appearing in the public
administrations.
5. ICOs are here to stay.
6. Banking and insurance hav been in the
forefront.
7. More recently, we have observed a remarkable
blockchain activity in the energy sector.
Challenges to overcome
1. Performance in intensive production systems
2. Resilience and service levels.
3. Confidentiality of the information.
4. Governance models and systems support.
5. Integration with current company systems
6. Compliance with regulations (GDPR, right to
be forgotten)
7. Interoperability between blockchain
networks.
12
Most of the organizations believe that
blockchain will be an important aspect in the
future, but there is still a lack of knowledge in
the companies and they have to answer
different questions…
13
What can I apply blockchain
for?
Organizations have to discover how this
new model can provide real value to their
business cases. The lack of understanding
of blockchain use cases is a barrier to its
adoption.
14
Think big/future, act small/present
15
Cocreation: we work together with the customers to discover use cases
+ = Casos de
Uso
Company context
Business knowledge
Market analysis
Technical
expertise
Technological
trends
Use cases
• Efficiency
• Blockchain
values
• New business
models
16
How do I approach blockchain
projects?
17
Blockchain has great potential, but organizations have difficulties in its adoption …
Blockchain is an
incipient technology It is in the process of
maturation and
consolidation
Necessity of scenarios to test
Necessity of evaluation of different options
Necessity of a flexible approach
Difficulty to find specialized resources
Blockchain is a
technology with a wide
scope of application
Variability of
technological options to
be applied
Need for technical knowledge and business
vision
18
Minsait Sandbox as a Service
Tokenization
StampIt TraceIt MyCash OpineItTokenIt
…
ProofofExistence
Traceability
SmartContracts
Minsait Sandbox as a
Service
NaturalLanguage
Voting
Offchain
DB
Connector
Bitcoin
Connector
Ethereum
Connector
Hyperledger
Connector
Business
Cases
APIs
Connectors
Metodología Lean y Agile
Entorno Experimentación
Plug & Play
Capacidades
Especializadas
Un equipo a tu disposición…
PublicBulletingBoard
Tools
Management
ID
ConversationalEngine
RecommenderEngine
Cognitive
Connector
Dashboards
VisualizationDatasets
DA
Explorers
Minploy
Our proposal
19
The modular approach allows the definition of different service APIs and different
connectors that abstract the relationship with the blockchain layer / DDBB.
In this way, integration capabilities are available through connectors with different
databases and many of the existing blockchain platforms:
Modular approach
There are services for different functionalities based on blockchain (proof of
existence, traceability of assets, management of smart contracts ...), easily
usable in various business cases
Transversal management and productivity tools are also incorporated to be
able to explore blockchain, define and deploy smart contracts in a simple
way and manage the configuration of the platform
• DDBB SQL
• DDBB No-SQL
• Multichain
• Ethereum
• Quorum
• Hyperledger
• Alastria
Flexibility
Digital Emerging Technologies - Sandbox as a Service
20
What blockchain platform
should I use?
What my blockchain
technological strategy should
be?
21
Alternatives
Difficult to apply to
corporate models:
• Non controlled
environment
• Fluctuating cost
• Limited
performance.
• Privacy issues.
Public
network
Private
network
Creation of an ad hoc
network.
Many of the
perfromance and
privacy problems are
solved
We can lose trust and
transparency added
value
Semipublic
permissioned
network
Alastria approach.
Inclusive but controlled
environment
Trying to join the best
of the two approaches.
Main net is not
available yet
22
Our answer: Minchain
Why? The solutions
Limitations of the public networks and the
absence of a base to deploy blockchain
uses cases for companies.
Minchain.
Ethereum-based permissioned network
formed by Indra with its partners and
customers where every participant takes
advantage of the distributed trust and can
deploy its use cases.
The network is audited on public network
to get added trust and transparency.
.
Audit Service
Blockchain
Application
Public
Blockchain
Connector
Private
Blockchain
Private
Blockchain
Connector
Public
Blockchain
23
Blockchain use case: MyCash
24
MyCash
TOKENIZATION
New models for banking
Invoice marketplace based on
blockchain
Banking services based on smart contracts focused in its current
version, in the factoring.
Invoice sales service through the auction mechanism, in which SMEs
that have receivable invoices in a period of time but need immediate
liquidity are contacted with investors that can provide such liquidity in
exchange for a certain interest.
The challenge
The proposal
Change of model
A bank can offer
value-added
services such as
microservices of
expert
recommendation
and financial
information
Blockchain
values
Trust.
Immutability.
Disintermediation
Smart contracts
Smart contracts
capabilities (asset
management
operations
automation)
Purchase and sale
operations,
microinsurance ...
Define a new business model based on blockchain in the field of
financial services.

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Presentazione Indra

  • 1. 1 Minsait Blockchain Practice ___ Blockchain for companies: experiences on how to face the transformation
  • 3. 3 2009 Ethereum Launch Litecoin & Namecoin Launch 2011 First ICO 2017 Ripple Launch Hyperledger Launch Bitcoin Creation Blockchain team creation 2016 First steps in the development of assets TokenIt foundation StampIt foundation TraceIt foundation PoC Rewards system for Indra´s employees MyCash foundation Ethereum TokenIt foundation Alastria network Establishment Paper “How Blockchain impacts in Logistics 4.0” 2018 Digital Emerging Technologies creation Assets deployment in Alastria network Quorum J.P. Morgan Launch 2015 Alastria Launch PoC OpineIt Blockchain: our history IBM-Minsait Expert Center creation
  • 4. 4 Communication Customers Regulation Business Blockchain values Assets Technology People Blockchain is collaboration Blockchain: dimensions Blockchain is business Blockchain is technology
  • 5. 5 Records Traceability Tokenization Blockchain: main application lines Relationships (interoperability) TRUSTVALUE
  • 6. 6 Alastria Multi-sectorial association, promoted by companies and institutions, for the establishment of a semi-public permissioned blockchain infrastructure in Spain. Support for legally effective services in Spain and in accordance with European regulations Basic blockchain infrastructure "Red Alastria" (based on Ethereum) and a digital identity standard that allows Spanish society to develop its own blockchain strategy Neutral approach: the mission is to provide infrastructure, and not value-added services, so it has the purpose of building a platform with no use case or business model. Indra is a founder member of Alastria
  • 8. 8 Minsait is a Blockchain leader through its Blockchain Practice team. Minsamates Appreciation platform for employees. Minchain Permitted private network operated by Minsait offered to Indra clients. SGAIA Alastria Infrastructure Management and Administration Service. Blockchain Consulting for the Spanish Institute of Foreign Trade DET Sandbox as a Service: flexibility and agility to boost innovation. Blockchain Expert Center. IBM and Minsait Alliance to strengthen Blockchain and offer quality services to all types of organizations. Experiences TokenIt Incentive system for local dynamization. StampIt Proof of existence service. TraceIt Origin, authenticity, traceability and product information. MyCash Banking service platform. OpineIt Security and transparency into voting systems. Assets Our proposal Integral proposal built from different dimensions. The result of our experience in the development and conceptualization of blockchain solutions. Founding partners of Alastria, we are active members in many of the commissions and we have deployed the first real applications on the testnet.
  • 9. 9 Smart contracts in logistics Marketplace IoT data Electronic evidence in audit Employee reward system Food traceability Vehicle life registration Stock management for car dealers Citizenship platform (citizen and tourist currency) Blockchain in humanitarian assistance Multi-brand promotions platform Blockchain for citizen participation Blockchain register for sensor measurements Experience in the conceptualization of blockchain solutions for different markets identifying the business models and the necessary technological elements
  • 11. 11 Blockchain: perspectives and challenges Situation and perspectives 1. The vast majority of the main companies are already taking actions regarding blockchain. 2. The blockchain application covers various funciontal areas in virtually all industries. 3. European Comission, CNMV (Spain) and other entites are creating departments to promote blockchain applications in the organizations.. 4. There is interest from the regulatory bodies and blockchain projects are appearing in the public administrations. 5. ICOs are here to stay. 6. Banking and insurance hav been in the forefront. 7. More recently, we have observed a remarkable blockchain activity in the energy sector. Challenges to overcome 1. Performance in intensive production systems 2. Resilience and service levels. 3. Confidentiality of the information. 4. Governance models and systems support. 5. Integration with current company systems 6. Compliance with regulations (GDPR, right to be forgotten) 7. Interoperability between blockchain networks.
  • 12. 12 Most of the organizations believe that blockchain will be an important aspect in the future, but there is still a lack of knowledge in the companies and they have to answer different questions…
  • 13. 13 What can I apply blockchain for? Organizations have to discover how this new model can provide real value to their business cases. The lack of understanding of blockchain use cases is a barrier to its adoption.
  • 14. 14 Think big/future, act small/present
  • 15. 15 Cocreation: we work together with the customers to discover use cases + = Casos de Uso Company context Business knowledge Market analysis Technical expertise Technological trends Use cases • Efficiency • Blockchain values • New business models
  • 16. 16 How do I approach blockchain projects?
  • 17. 17 Blockchain has great potential, but organizations have difficulties in its adoption … Blockchain is an incipient technology It is in the process of maturation and consolidation Necessity of scenarios to test Necessity of evaluation of different options Necessity of a flexible approach Difficulty to find specialized resources Blockchain is a technology with a wide scope of application Variability of technological options to be applied Need for technical knowledge and business vision
  • 18. 18 Minsait Sandbox as a Service Tokenization StampIt TraceIt MyCash OpineItTokenIt … ProofofExistence Traceability SmartContracts Minsait Sandbox as a Service NaturalLanguage Voting Offchain DB Connector Bitcoin Connector Ethereum Connector Hyperledger Connector Business Cases APIs Connectors Metodología Lean y Agile Entorno Experimentación Plug & Play Capacidades Especializadas Un equipo a tu disposición… PublicBulletingBoard Tools Management ID ConversationalEngine RecommenderEngine Cognitive Connector Dashboards VisualizationDatasets DA Explorers Minploy Our proposal
  • 19. 19 The modular approach allows the definition of different service APIs and different connectors that abstract the relationship with the blockchain layer / DDBB. In this way, integration capabilities are available through connectors with different databases and many of the existing blockchain platforms: Modular approach There are services for different functionalities based on blockchain (proof of existence, traceability of assets, management of smart contracts ...), easily usable in various business cases Transversal management and productivity tools are also incorporated to be able to explore blockchain, define and deploy smart contracts in a simple way and manage the configuration of the platform • DDBB SQL • DDBB No-SQL • Multichain • Ethereum • Quorum • Hyperledger • Alastria Flexibility Digital Emerging Technologies - Sandbox as a Service
  • 20. 20 What blockchain platform should I use? What my blockchain technological strategy should be?
  • 21. 21 Alternatives Difficult to apply to corporate models: • Non controlled environment • Fluctuating cost • Limited performance. • Privacy issues. Public network Private network Creation of an ad hoc network. Many of the perfromance and privacy problems are solved We can lose trust and transparency added value Semipublic permissioned network Alastria approach. Inclusive but controlled environment Trying to join the best of the two approaches. Main net is not available yet
  • 22. 22 Our answer: Minchain Why? The solutions Limitations of the public networks and the absence of a base to deploy blockchain uses cases for companies. Minchain. Ethereum-based permissioned network formed by Indra with its partners and customers where every participant takes advantage of the distributed trust and can deploy its use cases. The network is audited on public network to get added trust and transparency. . Audit Service Blockchain Application Public Blockchain Connector Private Blockchain Private Blockchain Connector Public Blockchain
  • 24. 24 MyCash TOKENIZATION New models for banking Invoice marketplace based on blockchain Banking services based on smart contracts focused in its current version, in the factoring. Invoice sales service through the auction mechanism, in which SMEs that have receivable invoices in a period of time but need immediate liquidity are contacted with investors that can provide such liquidity in exchange for a certain interest. The challenge The proposal Change of model A bank can offer value-added services such as microservices of expert recommendation and financial information Blockchain values Trust. Immutability. Disintermediation Smart contracts Smart contracts capabilities (asset management operations automation) Purchase and sale operations, microinsurance ... Define a new business model based on blockchain in the field of financial services.