Blockchain for Business

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Hester Short
5 years ago
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1 Blockchain for Business René Bostic Technical VP of the #IBMCloud

2 Technology innovations in the era of modern capitalism Capitalism 1776 Industrial Revolution 1820 Commercial Aviation 1938 Globalization 1986 Social Media Telegraph 1837 Telephony 1950 Credit cards 1981 PC 2009 Bitcoin 1989 Internet 1994 Mobile New innovations in technology

3 What can we solve together?

4 The Linux Foundation Hyperledger Project

5 What makes a good blockchain use case? Identifying a good blockchain use case is not always easy! However there should always be: 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, Provenance, Immutability, and/or Finality 2017 IBM Corporation

6 The Farm to Fork Use Case Blockchain IBM Cloud & Cognitive Innovation Forum October 16-18, IBM Corporation

7 IBM Cloud & Cognitive Innovation Forum October 16-18, IBM Corporation

Blockchain Model Key Components Component Asset Participants Transactions Processes Access Control Outline The reference data to be shared

8 Blockchain Model Key Components Component Asset Participants Transactions Processes Access Control Outline The reference data to be shared Business who change or access the data Changes to the reference data Reference data creation, edit & delete Who s allowed to (a) change data (b) view data

9 The right architecture supports innovation today, tomorrow and beyond. Four dimensions designed as an integrated whole to support innovation today and in the future Applications, solutions and services Deploy new, industry-specific, differentiating capabilities fast AI/Cognitive Allow your accumulated expertise to shine through in everything you do Data The ability to derive insights and knowledge from your data while governing regardless of location, respecting compliance and sovereignty Cloud Infrastructure Integrate mission critical applications alongside new, cognitive and data loads and accelerate AI data ingestion and training

IoT Business Network Blockchain Layer ENTERPRISE APPLICATIONS ENTERPRISE DATA LEDGER MEMBERSHIP

10 Blockchain Reference Architecture Public Network Cloud Network Application Layer Enterprise Network PRESENTATION LAYER APPLICATION LOGIC MICROSERVICES EDGE SERVICES Enrichment Layer PROCESS AUTOMATION AI IoT Business Network Blockchain Layer ENTERPRISE APPLICATIONS ENTERPRISE DATA LEDGER MEMBERSHIP CONSENSUS SMART CONTRACT Security Layer SECURITY GATEWAY INFRASTRUCTURE SECURITY SECURITY MONITORING & INTELLIGENCE

11 Address Unique Challenges with a Blockchain Reference Architecture

12 Blockchain value at each milestone Proof of Concept Pilot Implementation VALUE Quick Wins Digitize Business Processes Focus on Operational Efficiency Define use cases Start with POCs Expand Capability Focus on 1-2 ecosystem partners Digitize business processes Expand operational efficiency and integration Develop scaled model Pilot few processes then grow Develop New Business Models Expand ecosystem partners Define new revenue streams Elevate capability to new levels Fully extend integrated processes Estimated Phases: 1 to 3 months 4 to 6 months 12 months TIME

13 Making blockchain real for business with over 400+ engagements and multiple active networks Trade Finance Pre and Post Trade Complex Risk Coverage Identity/ Know your customer (KYC) Unlisted Securities/ Private Equity Funds Loyalty Program Medicated Health Data Exchange Fraud/ Compliance Registry Distributed Energy/ Carbon Credit Supply Chain Food Safety Provenance/ Traceability

14 Getting started on your blockchain journey Learn More About IBM Blockchain Schedule an IBM Blockchain Workshop Develop a Blockchain Application Activate and Grow your Blockchain Network

A current list of IBM trademarks is available on the web at Copyright and trademark information" at ibm.com/legal/copytrade.shtml Hyperledger is a trademark of The Linux Foundation.

Not all offerings are available in every country in which IBM operates.

15 Copyright IBM Corporation 2017 IBM Corporation 1 New Orchard Road Armonk, New York Produced in the United States of America August 2017 IBM, the IBM logo and ibm.com are trademarks of International Business Machines Corp., registered in many jurisdictions worldwide. Other product and service names might be trademarks of IBM or other companies. A current list of IBM trademarks is available on the web at Copyright and trademark information" at ibm.com/legal/copytrade.shtml Hyperledger is a trademark of The Linux Foundation. The Linux Foundation has registered trademarks and uses trademarks. This document is current as of the initial date of publication and may be changed by IBM at any time. Not all offerings are available in every country in which IBM operates. THE INFORMATION IN THIS DOCUMENT IS PROVIDED AS IS WITHOUT ANY WARRANTY, EXPRESS OR IMPLIED, INCLUDING WITHOUT ANY WARRANTIES OF MERCHANTABILITY FITNESS FOR A PURPOSE AND ANY WARRANTY OR CONDITION OF NON-INFRINGEMENT. IBM products are warranted according to the terms and conditions of the agreements under which they are provided.

IBM Systems Lab Services Systems Consulting. Proven expertise to help leaders design, build, and deliver IT infrastructure for the cognitive era

IBM Systems Lab Services Systems Consulting Proven expertise to help leaders design, build, and deliver IT infrastructure for the cognitive era 1 Proven expertise for the cognitive era Lab Services can