Blockchain technology is relevant for many industries and use cases where distributed databases are needed. The document discusses benefits of blockchain like disintermediation and lower costs, as well as challenges like energy use. Industries that could benefit include medicine, where patient records and clinical trials could use blockchain. Utilities are also exploring potential uses cases around energy distribution. Many consortia have formed to further blockchain initiatives in industries like logistics, insurance, finance, and healthcare. Next steps discussed include evaluating processes for blockchain use cases and engaging with industry consortia.
Microsoft CSP Briefing Pre-Engagement - Questionnaire
Trivadis TechEvent 2017 Blockchain: relevant for whom by Andreas Mengel and Daniel Liebhart
1. BASEL BERN BRUGG DÜSSELDORF FRANKFURT A.M. FREIBURG I.BR. GENF
HAMBURG KOPENHAGEN LAUSANNE MÜNCHEN STUTTGART WIEN ZÜRICH
Blockchain: Relevant for whom?
Reflections on the future
Andreas Mengel, Daniel Liebhart
2. Agenda
Blockchain: Relevant for whom?2 15.09.2017
1. Intro
2. Benefits & Challenge
3. Application Industries
4. Initiatives & Consortia
5. How to proceed
3. Blockchain: Relevant for whom?3 15.09.2017
INTRO
“Blockchain could slash the cost of
transactions and reshape the
economy”
(M. Iansiti & K. Lakhani – Harvard Business Review 2017)
4. Abstract
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Blockchain is no longer considered a technology of the darknet any
more.
Companies are evaluating and implementing blockchain based
applications.
This session will discuss the strengths and weaknesses of the
blockchain approach, potential and actual implementations, chances
for Trivadis building up blockchain solutions and environments.
5. The 5 Principles of Blockchain
Blockchain: Relevant for whom?5 15.09.2017
1. Distributed Database: Direct access for every party without any
intermediary
2. P2P Transmission: Distributet store and forward instead of
central node
3. Transparency: Information available for every party with
pseudonymity
4. Irreversibility of Records: Historical storage of information (as
chains) instead of single update records.
5. Computational Logic: Programmable transactions
Source: M. Iansiti & K. Lakhani: The Truth About Blockchain, Harvard Business Review Jan-Feb 2017
6. Blockchain: Relevant for whom?6 15.09.2017
Benefits & Challenges
“There are many variables, but it
can succeed”
(Seven of Nine – Startrek)
7. Seven Challenges….
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Nascent technology
Uncertain regulatory status
Large energy consumption
Control, security, and privacy
Integration concerns
Cultural adoption
Cost
8. …but Nine Benefits
Blockchain: Relevant for whom?8 15.09.2017
Disintermediation & trustless exchange
Empowered users
High quality data
Durability, reliability, and longevity
Process integrity
Transparency and immutability
Ecosystem simplification
Faster transactions
Lower transaction costs
10. Application Industries
Blockchain: Relevant for whom?10 15.09.2017
The Mega-Master Blockchain List: 84 Blockchain Applications (Financial Instruments,
Records & Models, Public Records, Private Records, Semi-Public Records, Physical
Asset Keys, Intangibles, Others...)
Moody’s Top:
Source: L. Parker: Adoption, Blockchain, Report
11. Medicine
Blockchain: Relevant for whom?11 15.09.2017
Patient Perspective:
Central Patient Data Record: A dream comes trough!
Patients control: Their data – access is central & protocolled!
Result: Better & more available data = better care for the patient!
Provider Perspective:
Health Information Exchange finally solved: The collaborative nature of creating and
sharing data
Avoid competition: Healthcare organizations have all access to the same information
Potential threat alarming: Through contracts with patients and partner organizations
Better Clinical Trial Results: Data can be shared for research activities
Source: A. Schumacher: Blockchain & Healthcare - Strategy Guide
12. Medicine – Examples 1/2
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Source: Ch. Czeschik, R. Stambolija: A Quick Guide to Blockchain in Healthcare
Death trough counterfeits:
WHO: 10% of wordwide
medical drugs are
counterfeits
Europe: The online drug
problem
Other: 8000 death in India
(2013) because of an
counterfeit antibiotic without
any ingredient
13. Medicine – Examples 2/2
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Source: Ekblaw et Al: MedRec Whitepaper, MIT & Beth Israel 2016
14. Utilities – Potential use cases
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Source: DENA: Blockchain in der Energiewende
31. Key Findings
Blockchain is a blueprint for industries to evaluate processes, especially for
intercompany processes
Blockchain is another means of (re-)digitizing business processes
Blockchain can speed up your future business
Blockchain will have many siblings
„The parallels between blockchain and TCP/IP are clear. TCP/IP unlocked new
economic value by dramatically lowering the cost of connections. Similarly, blockchain
could dramatically reduce the cost of transactions. It has the potential to become the
system of record for all transactions.“ (Source: M. Iansiti & K. Lakhani: The Truth About
Blockchain)
31 Blockchain: Relevant for whom?15.09.2017
32. Next Steps of Trivadis
Collect and harden use cases
Discuss architectures
Pursue internal implementation
Conduct Technology Incentive Partnership Projects with customers
Interact with industry consortia
Develop standards for data model connectors
Implement integration scenarios
Provide reporting hub architectures
Involve more colleagues
32 Blockchain: Relevant for whom?15.09.2017
33. Your Next Steps
Engage in your industry
Ask Trivadis for advice and support
Conduct Technology Incentive Partnership Projects with Trivadis
Challenge your business model processes with the blockchain
Interact with your industry‘s consortium
Develop a blockchain platform for your industry
Invent a blockchain-based business model
Put your business on a blockchain
33 Blockchain: Relevant for whom?15.09.2017
35. Your immediate Next Steps
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35 Blockchain: Relevant for whom?15.09.2017