Altoros Blockchain Practice 4.12.2017 Ari Mutanen Sales, Business Development, CEO ALTOROS Alexis Losik Blockchain Practice ALTOROS @altoros
Who We Are Sunnyvale, CA (HQ) Oslo, NO Silkeborg, DK London, UK Chicopee, MA Helsinki, FI Minsk, BY 7 Countries 2001 Founded Buenos Aires, AR 1000+ Projects 250+ Professionals 500+ Customers
What We Do Altoros helps organizations digitize their revenue streams by prototyping, developing and shipping cloud-native IoT Apps, Cognitive and Blockchain solutions. We drive technology innovation, market disruption, and industry transformation. Prototyping Applications Proof of Concepts MVP Analytics Training Consultation Delivered by partners:
Blockchain Services We Provide We Research We Advise We Build We Train Determine the right technology stack. Select use cases. Identify use cases in your industry where blockchain may be the best fit. Measure disruptive force of each use case and size the opportunity Agnostic approach. Being a vendor independent consultancy we evaluate various platforms to find the best for your particular use case Proof of Concepts. Production-Grade Development. Each PoC is aimed at feasibility assessment of a particular case and arising business opportunity. Training. Hands-on lab-style training for your internal teams allowing for faster technology adoption and support 4
Community Work Requirements Working Group of Hyperledger Project at the Linux Foundation is led by Altoros Training community Our training classes are focused on real-life use cases in your industry and based on our experience of delivering applications employing blockchain. OSS contributions Optimization of sending proposal request to all endorsers in parallel (previously all the requests to endorsers were sent in sequence) Functionality implementation for receiving information from system chaincodes (the number of blocks, transactions, etc.)
Artificial Intelligence, Data Engineering - Data Engineering - Machine/Deep Learning including image-, voice-, textrecognition (IBM Watson, TensorFlow, Caffe, Theano, Torch and other) Sustainable Competitive Advantage Blockchain - Use-cases and Blockchain Platforms Evaluation (HL Fabric, HL R3, HL Sawtooth, Etherium) - Building PoCs - Blockchain based solutions development - Smart Contracts development Industrial IoT on Top of PaaS - Developed with Microservice Architecture - On top of IBM Bluemix, GE Predix, SAP Leonardo Microservice-based Architecture and Cloud Native Platforms - Cloud Native Platforms enablement - Microservice based application development - Monolith to microservices migration - Trainings in PaaS and microservices 6
Altoros Customers
WHY BLOCKCHAIN?
Blockchain
Blockchain KEY VALUES Transparency Immutability Security & privacy Trusted transactions Multiple counterparties
Blockchain KEY VALUES Transparency Immutability Security & privacy Trusted transactions Multiple counterparties
DIGITALIZATION In many ways with traditional automation we have dumbed down the work. We need to use the technology to harness people s unique value. Janelle B. Hill VP Distinguished Analyst
Artificial Intelligence, Data Engineering - Data Engineering - Machine/Deep Learning including image-, voice-, textrecognition (IBM Watson, TensorFlow, Caffe, Theano, Torch and other) Sustainable Competitive Advantage Blockchain - Use-cases and Blockchain Platforms Evaluation (HL Fabric, HL R3, HL Sawtooth, Etherium) - Building PoCs - Blockchain based solutions development - Smart Contracts development Industrial IoT on Top of PaaS - Developed with Microservice Architecture - On top of IBM Bluemix, GE Predix, SAP Leonardo Microservice-based Architecture and Cloud Native Platforms - Cloud Native Platforms enablement - Microservice based application development - Monolith to microservices migration - Trainings in PaaS and microservices 13
Enterprise Digitalization. High-Level Concept Need to add transformation schema
Simplified Business Workflow
Core Business Goals New Markets New niche products identification, and new markets acquisition Revenue Growth Via cost reduction and new markets acquisition Transparency Achieving full transparency of state (core business processes as interaction of dozens of legal entities and hundreds of systems Cost Reduction Expenses optimization and cost reduction
Big Data and IoT Layer Need to add transformation schema
Big Data and IoT Layer
Blockchain Network (integration layer) Need to add transformation schema
Blockchain Network (integration layer)
Artificial Intelligence Farm Need to add transformation schema
Artificial Intelligence Farm
Artificial Intelligence Farm Continuous Business Process Improvement
Why We Call It a Sustainable Competitive Advantage? Trusted and transparent workflow Self-learning and selfimproving systems Allows to get ready for robotics adoption
HOW TO FIND THE RIGHT BUSINESS CASE TO START?
4 Stages of a Successful Product Business Case Clarification Proof of Concept A minimum viable product Production-grade development Combining successful cooperation with start-ups and enterprises for the last 16 years, our company has a clear vision how to allow Enterprises unlock their inner start-up to disrupt the industry. @altoros 2
Use Cases in Insurance Insurance Fronting Reinsurance Travel Insurance Ecosystem Crop Insurance Health Insurance Usage based insurance Subrogation in Auto Insurance Claims Death Registration New Business Models (Crowd Insurance, Microinsurance)
Reinsurance Use Case Problems The current process is heavily dependent on manual activities and non-integrated systems. Time consuming process, prone to human errors Solution We enabled a Blockchain-based solution that creates a transparent, trusted and immutable environment for automated transactions and reduces the cost of human effort and improves efficiency Results Duplications, reconciliations, failed matches and breaks are be things of the past Eliminated much of the manual effort currently required to keep disparate ledgers synchronised with each other Reduced cost of financial services for everyone, while increased the speed of information exchange
Reinsurance Use Case Demo Altoros Reinsurance Use Case Demo
Flight Delays Prediction Prediction model that airliners can use to forecast possible delays Predicting flight delays is challenging because of many parameters (weather, schedules, etc). Airlines try to reduce delays to gain the loyalty of their customers and therefore a reliable prediction model is very important and crucial tool. In this area artificial neural network (ANN) can help.
Energy Sector Decentralized Energy: Supply and Transaction System Energy Mass Production and Marketplace for Excess Energy Trading Guarantee of Origin, Certification of Renewable Energy Alternative Energy Production via Crowd Investment and ROI to investors EV Charging Stations Smart Metering and Billing of Electricity/Heat Consumption
Decentralized Energy Utility The project is aimed at improving utility services in the developing world, solve issues with electrical services, enabling a network of existing utility companies and household generators to work more effectively to meet the needs of a rural populace.
Bond Issuance and Trading Use Case Problem Automate bond placement, turnover, and accounting with blockchain Solution Simplified integration of the Blockchain platform with web applications with high level of security insured with a cryptolayer Results Altoros has built a solution that: Automated the issuing of bonds worth $10M; Ensures transparency across bond placement, turnover, accounting, provenance, and tracking; Reduces expenses of the bond issuer
Bond Issuance and Trading Use Case In the turbulent times, when everyone wants to see what results corporate blockchain can achieve, it s important to have a successful example with real money put into ledger. We spent the last three months working together with Raiffeisenbank Russia, MegaFon, and Altoros as a team in 24/7 mode. It looks like a start of something big and new by running these smart contracts and creating a new level of trust through distributed nature of this platform. Alexander Yakovlev, Head of decentralized solutions at NSD
For further information, please contact Ari Mutanen ari.mutanen@altoros.com +358 50 568 0532 @AriMutanen www.altoros.com blog.altoros.com @altoros