Making Blockchain Real for Business

Transcription

1 Making Blockchain Real for Business Explained Jürgen Lang

2 What Why - How 2

3 What Blockchain is: a technology for a new generation of transactional applications What? that establishes trust, accountability and transparency while streamlining business processes. Think of it as an operating system for interactions. Total Blockchain opportunity Blockchain is a design pattern made famous by its use in Bitcoin. But it s uses go far far beyond. 3 Blockchain can reimagine the world's most fundamental business interactions and open the door to invent new styles of digital interactions. Total Bitcoin opportunity We are adopting Blockchain to a very broad range of business applications

4 What Blockchain enables: Business networks, wealth & markets - transferring assets, building value What? Business Networks benefit from connectivity Participants are customers, suppliers, banks, partners Cross geography Wealth is generated by the flow of goods & services across business network Markets are central to this process: Public (fruit market, cars, houses), or Private (supply chain financing, bonds) Transfer of Assets of any kind: Tangible, e.g. a house Intangible, e.g. a mortgage 4

5 Key Concepts - What s Blockchain for Business? What? Append-only distributed system of record shared across business network Shared ledger Smart contract Business terms embedded in transaction database & executed with transactions Ensuring appropriate visibility; transactions are secure, authenticated & verifiable Privacy Consensus All parties agree to network verified transaction Broader participation, lower cost, increased efficiency 7

6 What s the difference with Blockchain? Consensus -> Einigkeit aller Parteien 1 What? 4 Finality -> Finalität im Sinne von Bestandskraft Provenance (audit trail) -> Historiendokumentation Immutability -> Unveränderlichkeit

7 Blockchain for Business IBM Strategy How? Community + Code Cloud Clients Linux Hyperledger Project IBM Blockchain Blockchain Solutions Blockchain Garage 17 Open Source Code: Blockchain built from the ground up for business; Permission Privacy Confidential Auditable Open Governance 80 member cross industry board. Blockchain value-added manged service on SoftLayer and System Z: Identity Consensus Audit System Integration Hardware-assist for Performance & Security. Blockchain Solutions for Financial Services; Trade Finance Capital Markets Blockchain Garage NY London Singapore Japan Böblingen Blockchain GBS Practice

8 Engagement model overview Blockchain Competence Center Boeblingen How? Let s Talk Blockchain Hands-on First Project Scale 1. Discuss Blockchain technology 2. Explore customer business model 3. Show Blockchain Application demo 1. Understand Blockchain concepts & elements 2. Hands on with Blockchain on Bluemix 3. Standard demo customization 1. Design Thinking workshop to define business challenge 2. Agile iterations incrementally build project functionality 3. Enterprise integration 1. Scale up pilot or Scale out to new projects 2. Business Process Re-engineering 3. Systems Integration Remote or face to face Remote or face to face Face to face Face to face Free of charge Free of charge For fee For fee 22

9 First Projects made together with Clients How? Blockchain for Contract / SLA Management IBM and Bank of Tokyo-Mitsubishi UFJ have built a prototype of smart contracts on a blockchain to improve the efficiency and accountability of service level agreements in multi-party business interactions. Know Your Customer (KYC) IBM and Credit Mutuel Arkea, a French bank offering financial and insurance services, announced the completion of a blockchain project to improve the bank's ability to verify customer identity to enable compliance with Know Your Customer (KYC) requirements. Settlements with virtual currency "In an era of technology transformation, Mizuho is testing blockchain, Watson, and other technologies to deliver high quality and more efficient customer services. Innovation to finance and trade IBM s new Blockchain Innovation Center in Singapore is an partnership with the Economic Development Board of Singapore and will work closely with several Singapore entities including the Monetary Authority of Singapore (MAS), the Port of Singapore Authority Trading in Low Transaction Markets IBM, Japan s Largest Exchange Plan Joint Testing Blockchain Tech for Low Transaction Markets Transparency to global financial markets London Stock Exchange Group is directly engaged in the development of the open blockchain technologies with IBM 24

10 Das gemeinsame Blockchain-Projekt von IBM und Credit Mutuel Arkea Zielsetzung und Lösungsidee How? Ziele des KYC Projekts: Schaffen einer Cross Business KYC Plattform für alle LOB in der Gruppe Bereitstellen einer gemeinsamen / einheitlichen Sicht auf den Kunden für alle Mitarbeiter der Gruppe Verbleib der CRM Daten und Dokumente an deren originären Ort Abbilden der Information auf der Blockchain: Kunde ist bekannt / identifiziert Dokumente sind am Ort xy vorhanden 25 Vier Blockchain Eigenschaften: Consensus -> Einigkeit aller Parteien Immutability -> Unveränderlichkeit Provenance (audit trail) -> Historiendokumentation Finality -> Finalität im Sinne von Bestandskraft

11 Demos / Use Cases and Prototypes making Blockchain real for business - made by IBM IBM Global Finance Blockchain in Financing Mortgage Demo Car Lease Demo How? Trading Finance on Blockchain (two) Trading Commercial Paper Demo Watson IoT with Blockchain 27 (click on the picture to see the video)

12 Blockchain on Bluemix - Starting Points for development

13 Jürgen Lang Senior IT Architekt Geschäftsentwicklung Banken, Sparkassen und Finanzinstitute IBM Deutschland GmbH Wilhelm-Fay-Strasse Frankfurt Mobile: Phone: Mail: 45