F I J I Regional Blockchain TechCamp. April 9th - 11th University of the South Pacific

Transcription

1 F I J I Regional Blockchain TechCamp April 9th - 11th University of the South Pacific

2 Keynote Introductions Blockchain 101 Overview: Asset Track & Trace Demo of Viant Ecosystems Q&A Keynote FIJI Regional Blockchain Techcamp 2

3 Blockchain 1.0 Bitcoin Allows untrusted peer-to-peer value exchange transactions Crypto Wallet Alice Keynote FIJI Regional Blockchain Techcamp Bitcoin Network Crypto Wallet Bob 3

4 Blockchain 2.0 Ethereum Allows sophisticated business logic enabled by smart contracts BITCOIN CRYPTOASSETS SMART CONTRACTS Store and transact value (money) Represent and transact other assets (physical or digital) Describe and execute complex business logic 1.0 Value (Data) Transfer 2.0 Programmable (Data & Logic) 1.0 Purpose built (a use case) 2.0 General purpose (many use cases) Keynote FIJI Regional Blockchain Techcamp 4

5 Blockchain 2.0 Ethereum A smart contract illustration Alice Conditions: If Alice s flight is delayed for more than 5 hours If Alice s flight is cancelled if (alice.flight.delay > 5 or alice.flight == cancelled) => then { alice.refund = alice.premium * 1.5 Result: insurer.balance = insure.balance - alice.refund Alice will receive 1.5x insurance premium alice.balance = alice.balance + alice.refund } Keynote FIJI Regional Blockchain Techcamp 5

6 What is a blockchain? Originally conceived as the underlying protocol of Bitcoin, blockchain technology has since evolved to support a number of applications with the introduction of smart contracts in Ethereum. Append only ledger Blockchain is a write-once database so it records an immutable record of every transaction that occurs. Smart contracts The Ethereum blockchain can store both data and Smart Contract ( logic ) in the blockchain Keynote FIJI Regional Blockchain Techcamp Decentralized There are many replicas of the blockchain database and no one participant can tamper it. Consensus among majority participants is needed to update the database. Cryptographically Secure Uses tried and true public/ private signature technology. Blockchain applies this technology to create transactions that are impervious to fraud and establishes a shared truth. 6

7 A radical progression to trusted compute Paper & Mainframes 1950 s SQL Database 1970 s Networks / Internet 1990 s Blockchain Today Data is Data is Data is Data is Recordable Searchable Distributable Trustable Mainframe computing opened the doors for the recording and use of mass quantities of data in a digital fashion. With the invention of SQL information became more searchable, thereby making it more accessible and user friendly. The explosive growth of the internet has helped us distribute information and content all over the world, but Blockchain shifts the paradigm of computing, allowing us to transfer value and run applications on a trusted platform. Keynote FIJI Regional Blockchain Techcamp 7

8 A radical decentralization of data Modern databases brought tremendous automation...but silo d data in exchange for scale Keynote FIJI Regional Blockchain Techcamp The internet made information globally accessible...but many services are centrally controlled (and reliant on firewalls) Blockchain offers a decentralized, trusted network...with profound implications for sovereignty and efficiency 8

9 A radical redistribution of value Value increases with the number of users......but is traditionally captured by the vendor Keynote FIJI Regional Blockchain Techcamp Social / mobile created P2P 2-3 sided marketplaces......but that only exacerbated this effect Blockchain enables true sharing economy and n-sided markets... driving even more rapid adoption 9

10 Why Blockchain? Blockchain offers a number of benefits over traditional and legacy systems. Reduce cost Removes cost of intermediaries Smart contracts reduce manual processing, re-work, and processing errors Increase revenue New products and services Value capture from demonstrating provable provenance of commodity products Reduce risk No single point of failure or attack Non-repudiability reduces risk of fraud Immutability and provenance preserves audit trail Increase Speed and Customer Satisfaction Simplifies supply chain by removing intermediaries Guarantees supply chain provenance Allows T+0 settlement Keynote FIJI Regional Blockchain Techcamp 75% Potential savings projected by a leading insurer with implementing a Catastrophe Bond on a blockchain $20B Blockchain technologies could reduce banks' infrastructural costs by $15-20 billions a year by 2022 $10B UBS donated blockchain-based trading platform to be used to raise $10B selling social impact bonds 2M Grammy nominated artist Imogen Heap launched her single Tiny Human on a blockchain based platform Ujo Music to her 2M Twitter followers 360 A leading insurer is looking to implement a KYC solution to build a 360o Customer view on a blockchain $10B Global spend on Anti-Money Laundering compliance alone is estimated at $10B o T+0 Several trading houses are looking to leverage blockchain technologies to allow T+0 trade settlements 10

11 Internal Use Only Viant Context Marketplace Buyers There is exponential growth in demand for provenance informed products. E.g. Conflict free Gold, Diamond and Electronics Conscious buyers are seeking more granular information to form their own provenance opinions beyond a mere label of assurance from a central certifying body Sellers Regulators Sellers are looking to unlock value, increase trust and command premium for their special product lineage Reliably, continuously and expediently track, audit and report on provenance of key natural resources Viant is a blockchain-based platform for modeling business processes, tracking assets and building the supply chains of the future. VIANT Overview

12 Internal Use Only Viant Problem Domain EDUCATION: Diploma validation takes weeks/months impacting individuals, schools and corporations with admissions and recruitment HEALTHCARE: Absence of vaccine provenance and administration records impacts patients, donors, social workers and manufacturers Diplomas High Value Assets Vaccines OIL & GAS: Lost and untraced samples impact important business decisions and lead to costly fines for non-compliance REAL ESTATE: Absence of approval and sale provenance of lands/real-estate can lead to long validation lead times during sale or invalid double-sales Rig Samples Real Estate Autos VEHICLES: Capture and reliably track vehicle telematics to unlock new business value for used car sales or inform insurance pricing and rental car management A tamper proof asset tracking system for all participants to instantly trust and reliably validate asset ownership, chain of custody, proof of origin etc. does not exist VIANT Overview

13 Internal Use Only Viant Solution Levers Actors Small Business Business Processes ed t a re c l e Lab hed Front Desk Clerk (Shipping Company) esp atc Assets kag ed Any Physical or Digital entity that requires to be tracked Pac Weight Attributes Name Progression of assets through various steps of a business process(s) is recorded on chain for lookbacks and evidence of trail Smart contracts enforce the business process(s) on chain curbing rogue actions Role Permissions Business Actions Address Loa Cost ded on Logistics Operator (Shipping Company) Asset attributes of interest (what), ownership (who), time (when), location (where) etc. ck Tru Pac k age De live red Truck Operator (Shipping Company) Customer VIANT Overview Users that interact with the asset to perform process actions and transform the asset from one state to next Users that have ownership or custody of the asset Users that participate in audit, review and attestation of the asset to validate history User or machine initiated action that allows assets to progress from one process state to the next User actions unrelated to process state required for performing administrative and corrective functions A class of users performing similar actions or functions are grouped into Roles Permissions to perform business actions are assigned by roles The web interface and smart contracts enforce the permissions preventing rogue users from tampering

14 Internal Use Only Viant Functional Stack Modeler User Persona Smart Builder Tracker Analyst / Consultant / Process SME System Administrator Customer / Manufacturer/ Producer SDLC Phase Requirements / Design Deployment Production Functionality Provides a mechanism to define Asset attributes Valid states Rules for state transitions Permissions Provides a mechanism to deploy Asset factory contracts State transition engine User, Role and Organization contracts Provides a mechanism to Search assets Create assets Record state transitions View asset lineage A user interface to generate configuration files A collection of scripts to generate and deploy smart contracts based on configuration A user interface to the asset provenance on the blockchain Off-chain Off-chain >> on-chain On-chain Scope Storage VIANT Overview 14

15 Internal Use Only Viant Key Differentiators 1 Flexibility to configure asset attributes, state transitions and permissible actions 2 Accelerated implementation 3 Low upfront cost and usage based pricing 4 API approach allows path for easy customization and integration VIANT Overview 15

16 Internal Use Only Viant Ecosystem Ecosystem development Drive development of ecosystem through alliances and consortia Enterprise Ethereum Alliance VIANT Overview Blockchain for Social Impact Decentralized Identity Foundation Accounting Blockchain Coalition 16

17 Viant Demo

18 Internal Use Only Sugar Order Summary View Create Order Receive Order Retail Store Fill Order Sugar Producer Reject Order Accept Order Logistics Provider Order Created VIANT Overview Ship Order Order Filled Order Rejected Order Accepted Order Shipped Order Received

19 Internal Use Only Viant Define Process Define Process Create Roles Create Users Model Asset Create Order Assign Permissions Receive Order Retail Store Fill Order Sugar Producer Reject Order Accept Order Logistics Provider Order Created VIANT Overview Ship Order Order Filled Order Rejected Order Accepted Order Shipped Order Received

20 Internal Use Only Viant Create Roles Define Process Create Roles Create Users Model Asset Retail Store Sugar Producer Logistics Provider Roles must be created before modeling your asset if an Actor attribute will be used VIANT Overview Assign Permissions

21 Internal Use Only Viant Create Users Define Process Create Roles Create Users Retail Store Sugar Producer Suva Labasa Namara Logistics Provider VIANT Overview Model Asset Assign Permissions

22 Internal Use Only Viant Model Asset Define Process Create Roles Create Users Model Asset Assign Permissions // Order Created Order Filled Order Rejected Order Accepted Order Shipped Order Received A t t r i b u t e s Laptop: Dell XPS, ThinkPad, Manufacturing Details: MacBook (Dropdown) (File) Quantity: 1000 (Number) Laptop Company: Dell (Actor) VIANT Overview Reason for Rejection: Damaged (String) Shipping ID: R814 (String) Picture of Goods: Linda (File)

23 Internal Use Only Viant Assign Permissions Define Process Create Roles Create Users Model Asset Assign Permissions Create Order Receive Order Suva Labasa Namara Fill Order Accept Order Reject Order Ship Order Retail Store Sugar Producer Logistics Provider Asset must be modeled before assigning permissions as Actions are defined when modeling the asset Actions are permissioned based on roles VIANT Overview

24 Appendix

25 Bait Catch Fish to Plate Land Fish Fisher Approve Landing Regulator Receive Fish Process Fish Pack Fish Processor Sell Fish Distributor / Retailer Bait-to-Plate History Consumer Signal Blockchain Caught Approved Landed Received VIANT Bait to Plate - Tuna traceability with the World Wide Fund for Nature (WWF) Processed Packed Sold

26 Internal Use Only Viant Press Coverage As Seen In *Clickable Links VIANT Overview

27 THANK YOU! Viant.io