This Case Study first describes the power of Blockchain for the Financial sector. Then, it takes a deep dive for an implementation strategy for Permissioned Blockchain network based on Hyperledger Blockchain technology that could accommodate different organizations and their loyalty programs.
Traceability of components of products - from food to fashion - is central to the promise of using blockchain to organize and operationalize data from the web of supply chains. How would traceability bring value? How do blockchain and smart contracts work? And how would these foster traceability? What has been done so far in this regard? What issues and tensions affect adoption of traceability, whether by blockchain or other means? This webinar examines blockchain and the role it plays in supply chain by providing traceability.
To view the accompanying webinar, go to: https://www.financialpoise.com/financial-poise-webinars/blockchain-and-supply-chain-2021/
Overcoming the Barriers to Blockchain AdoptionMongoDB
Blockchain promises to drastically lower costs, increase data quality and vastly simplify business processes in a range of industries.
During this event speakers from MongoDB, BigchainDB, Ripple, and 11FSTeam answered question around how to operationalise blockchain into existing environments and rely on it as we do with existing systems.
The document discusses the shift from centralized platforms and services on the internet to decentralized ecosystems enabled by distributed ledger technologies like blockchain. It outlines how centralized platforms currently control user experiences, transactions, and governance but that blockchain allows for decentralized trust and sharing of information. Sovrin is highlighted as a decentralized identity network that can provide verifiable digital identities to people, organizations, and things in a way that is portable, private, and secure without needing to connect to centralized issuer systems. Decentralized identity is presented as the foundational layer that can enable decentralized transactions, assets, logistics and peer-to-peer economies.
Blockchain is a shared, replicated ledger technology that can open up business networks by reducing costs, improving efficiencies, and increasing accessibility. It addresses challenges across industries by providing a shared system of record for transactions. The Linux Foundation's Hyperledger project is developing open-source, shared ledger technology standards through collaboration. The blockchain landscape includes identity management, platforms, security, payments, smart contracts, consulting services, industry consortiums, and applications in sectors like finance, supply chain, and government.
MIT Blockchain Class - Intro and OverviewMarian Cook
This 6-week online program examines blockchain technology from an economic perspective, drawing on the work of MIT faculty and experts. Over the course of the program, participants will learn the fundamentals of how blockchain works to demystify it, appreciate its applications and potential within their own organizations, and understand blockchain beyond basic concepts. The program aims to help participants identify problems that may benefit from blockchain solutions and evaluate business uses of the technology through strategic analysis.
Blockchain Essentials and Blockchain on AzureNuri Cankaya
In this presentation I cover from the basics of Blockchain and deep-dive into the possibilities with Microsoft Azure on Blockchain projects.
What is Blockchain
Blockchain Disruption
Blockchain Business Scenarios
Microsoft’s Strategy on Blockchain
Blockchain 2.0: Smart Contracts
Blockchain 3.0: Cryptlets innovation
Blockchain on Microsoft Azure
Bletchley Project
Azure Blockchain Solutions
Software Architecture and Model-driven Engineering for Blockchain ApplicationsIngo Weber
My keynote slides from the Second International Symposium on Foundations and Applications of Blockchain 2019 (FAB '19) and a talk I gave the day before at Google. In this talk, I'm giving an overview of our research in Software Architecture, Model-Driven Engineering, Dependability / Availability, and Business Process Execution in the context of Blockchain. It's a summary of our book: X. Xu, I. Weber, M. Staples, Architecture for Blockchain Applications, Springer 2019
This document provides an overview of Everything Blockchain, a company that develops blockchain technologies. It discusses the company's strategy, services, team, and growth. The key points are:
- The company provides blockchain advisory, development, and consulting services through its four divisions: EB Advisory, EB Control, EB Platform, and EB Exchange.
- It has expanded its services through strategic acquisitions in 2021 and developed new proprietary security protocols and a queryable blockchain platform.
- The presentation outlines the company's leadership team and board, its capitalization as a public company, and its goal to capitalize on the growing blockchain market estimated to reach $1.4 trillion by 2030.
Blockchain technology is increasingly being considered for applications in business contexts due to its key properties. It is also very much hyped for its potential to transform existing industries and business models. In Part 1, we will introduce the key properties of blockchain, its limitations, the field and the relevance for SAP and enterprises in general. In Part 2, we will focus on one of the prominent suites available today and provide an demonstration of the POC we’ve developed.
Blockchain 101 + Use Cases + Why Blockchain As a ServiceKaleido
Kaleido - The Enterprise Blockchain Easy Button Kaleido, a ConsenSys Enterprise Business, based in Raleigh, NC, is dedicated to the growth and adoption of enterprise blockchain in ways that will transform how economic, social and political systems are built and supported in the future. Equipped with the experience of working with hundreds of companies and seeing where the difficulties lie, Kaleido was built to accelerate the implementation of blockchain by taking the technology hurdles off the table so companies can focus their energy and resources on driving higher business value of their use case and faster ROI Most CIOs today face a multitude of problems in the journey from blockchain exploration to real production business networks.
Introduction to Blockchain Business ModelsGokul Alex
Blockchain provides new business models that can transform existing models. Some key models include:
- Token economies where tokens power functionality and enable value exchange within an ecosystem. Utility tokens exemplify this.
- Blockchain as a service allows businesses to outsource technical blockchain aspects while focusing on front-end development.
- Blockchain development platforms empower developers to build decentralized applications that require tokens to access network resources and provide value to users.
Enterprise Blockchain: Lessons from Global Innovators in Production (All Thin...Kaleido
(View in Full Screen to Avoid Compatibility Issues)
With more and more blockchain projects accelerating into production, the benefits of the technology to business, industry and society are now being proven out every day. Did you know that blockchain is now providing financial inclusion to 35 million unbanked Filipinos? Or that blockchain is already being used to generate digital campaign engagement rates of 69%? And that some of the largest banks and trade finance institutions in the world are improving cash flows by up to 40%? These examples, and many more are real and in production today using Kaleido. This presentation helps you gain new insights from leaders in the blockchain space. [Intermediate level]
This document provides an overview of blockchain technology and its applications for business. It begins with defining blockchain as a shared, immutable ledger for recording transactions across a network of nodes. It then discusses how blockchain can be used to build trust and transparency in business processes by enabling real-time sharing of information across organizations. The document provides examples of how blockchain is being applied in various industries like trade finance, food supply chains, and healthcare to improve processes like payments, provenance tracking, and data sharing. It also outlines factors to consider when selecting blockchain use cases and developing blockchain solutions.
Asset Tokenization as an Industry Game ChangerJongseung Kim
This document discusses asset tokenization and its potential as an industry game changer. It provides examples of several blockchain startups that are tokenizing different types of real-world assets like real estate, utilities, commodities, and traditional financial assets. The benefits of asset tokenization include increased liquidity, fractional ownership models, risk diversification, and reduced costs. However, there are also challenges around ensuring trusted issuers, addressing the current regulatory vacuum, establishing legal enforceability of property rights via tokens, and developing solutions for issues like digital identity, asset valuations, and technology limitations. Overall, asset tokenization has significant growth opportunities if the remaining technical and legal questions can be resolved.
Blockchain is a leading technology that has brought in a wave of change. This distributed ledger technology forms the underlying technology for Bitcoin exchange, but over a period of time, Blockchain emerged as a mainstream technology, and now it finds a multitude of applications. Blockchain developers are in great demand across the different industrial segments; from food to finance, you can find a multitude of applications of Blockchain technology.
By the end of this webinar you should be able to understand
The concepts, use cases and basics of smart contracts
How Blockchain and smart contracts work
How smart contracts work on both the Ethereum and Hyperledger platforms from a practical level
The constructs of smart contract, common coding requirements and demos
What are the most in demand Blockchain Certifications?
How do these certification meet the needs of todays Enterprises?
What about Blockchain Career Demand?
What is a Blockchain?
A cryptographically secure, shared, distributed ledger.
Immutable transactions are written on this distributed ledger on distributed nodes
Transformational technology in which business and government invest in.
It’s a decentralized database which stores information in the form of transactions.
Enterprise Blockchain: Top Considerations Before You DeployKaleido
Kaleido's blockchain experts discuss the current enterprise landscape, outline key considerations before you deploy your blockchains and deep dive into what it truly takes to build a complete blockchain solution, from a technical and operational perspective.
LEARNING OBJECTIVES AND TAKEAWAYS:
Demands & Trends Shaping Enterprise Blockchain
Learn about the advent of the ecosystem economy, the emergence of modern business networks and how to leverage new blockchain-based business models
Foundational Blockchain Concepts
Gain an understanding of decentralization, consensus mechanisms, and smart contracts
What is Full-Stack Blockchain? Why Do You Need It?
Find out what tools, functionality and integrations your business will need to succeed
Considerations for Planning Your Blockchain
Learn about the importance of hybrid deployments, how and why build a consortium,
understand your deployment options, and much more
Advanced Blockchain Technologies on Privacy & Scalability (All Things Open) Kaleido
(View presentation in full-screen mode for compatibility)
2019 is shaping up to be the pivotal point of broad adoption of blockchain technologies, thanks to the large amount of projects in the enterprise space. Among the top concerns of blockchain projects in the private sector and government alike are privacy and scalability. This talk will cover various technologies such as identity masking, data isolation, zero-knowledge proof, homomorphic encryption that helps keep private data protected from unintended parties, and technologies for improving scalability such as state/payment channels, sharding, and novel consensus algorithms.
A guest lecture delivered by Dr Farrukh Habib at INCEIF, Kuala Lumpur, on 22nd March, 2018.
Dr Farrukh Habib is an expert in sharia and Islamic finance. He is a adviser, researcher and trainer. He is keen interest in FinTech.
Blockchain explained is a document that introduces blockchain technology for business use. It discusses how blockchain can help solve inefficiencies in sharing records between participants in a business network by providing a shared, replicated ledger. It describes different types of blockchains and requirements for business blockchains, including how they handle assets, identity, and transaction endorsement. The document provides examples of IBM blockchain networks and solutions and how IBM can help organizations create or join networks to address business challenges through blockchain.
Blockchain Development Company In Mohali Wisewaytec.pptxWiseway Tec
WisewayTec is a top leading 𝐛𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐜𝐨𝐦𝐩𝐚𝐧𝐲 with experienced developers ready to help you build secure and scalable solutions Let s connect!
https://wisewaytec.com/blockchain-development-company/
It explains the concept of Blockchain which is going revolutionize the world economy. Blockchain is going to change money, business and thus the world.
A brief presentation delivered by the Spitze Group to a team of Directors and above discussing the buzz around the latest Blockchain technology. Exciting times for Chicago and Fintech!
offshore blockchain development servicesRevinfotech
Find the best blockchain development companies at RevInfotech! Get expert solutions tailored to your business needs when it comes to this transformative technology. Our top-notch developers deliver cutting-edge solutions that revolutionize industries, from smart contracts to decentralized applications. Get started with blockchain development from RevInfotech today!
Digital Transformation is all about looking at your business models and industries in fundamentally new ways of operating at higher levels of innovation in order to provide better business value for customers while lowering TCO. Whether you are born digital or analog, an effective DT strategy is essential to remain competitive in this new era of business, by using Multi-Speed IT architectures and the latest technologies enabling businesses to do more, thereby providing a better experience to partners and customers.
Blockchain is such a revolutionary technology and in this webinar, we'll explore the fundamentals of Blockchain, how IBM Blockchain works on IBM's Digital Innovation Platform: Bluemix and how it has the potential to increase trust, transparency, and efficiency in your business or industry.
This document discusses how blockchain technologies can benefit marketing and advertising. It provides examples of how blockchain is being used to address issues with digital advertising fraud and transparency. One collaboration uses blockchain to reduce reconciliation times and provide closer to real-time campaign data. Another partners media companies with IBM's blockchain to increase financial transparency in media buying. A third case discusses American Express using Hyperledger's blockchain to make its loyalty program more flexible by allowing merchants more control over rewards offers. The document promotes blockchain as a way to increase trust and market opportunities for marketers.
Cisco ICON Speaker Series: Blockchain - Technology that is revolutionizing th...Vishnu Pendyala
Varun Vijay's talk abstract:
Blockchain can profoundly change how the world works. It is said that Blockchain will do for transactions what the Internet did for information. It will increase trust and efficiency in the exchange of almost anything, even vehicle registration and tracking medical records - not just Cryptocurrencies. Blockchain, most simply defined as a shared, immutable ledger, has the potential to be the technology that redefines those processes and many others. Blockchain is not about Cryptocurrencies like Bitcion, but about the underlying digital foundation that supports applications such as bitcoin. The reach of Blockchain extends far beyond Crytocurrencies. The Presentation will cover the fundamentals of Blockchain and how this technology will revolutionize transactions and business networks. Audience will also discover the important difference between Blockchain and Blockchain for business and what makes Blockchain an ideal solution for streamlining business networks.
Blockchain - a platform for Digital Transformation in FinanceBlockchain Worx
Propelled by new business models and opportunities to upgrade the existing legacy infrastructure, institutional interest in Blockchain technology continues to rapidly grow. From digital identity and asset tokenization to using smart contracts to automate business processes, Blockchain technology is swiftly establishing itself as a key enabler of the emerging digital finance environment.
The presentation outlines a strategy, an approach, and select considerations to help financial institutions harness the potential of Blockchain technology for Digital Transformation.
Blockchain is a shared, immutable ledger that can record transactions and track assets in business networks. It allows companies to share records and establish trust without the need for a central authority. IBM's blockchain platform uses Hyperledger Fabric to develop applications that provide benefits like reduced costs, improved traceability and data sharing between organizations. It can help industries like finance, supply chain and healthcare by creating transparency and efficiency in business processes.
All about Blockchain Technology and it's applications in Finance functionvinodavg
Blockchain Technology is a vast, distributed ledger, operating on millions of devices, recording anything, with identical copies maintained on each of the network computers. When a new transaction or an edit to an existing transaction comes in, generally a majority of the nodes within a blockchain network must execute some algorithms and essentially evaluate and verify the history of the transaction that is proposed and come to a consensus that the history and signature is valid, then the new transaction is accepted into the ledger. If a majority of nodes do not concede to the addition or modification of the ledger entry, then it is denied and not added to the chain. All the members can review previous entries and record new transactions. These are then grouped into ‘blocks’, which then form part of a ‘chain’, thus leading to a ‘blockchain
How Blockchain can bring Greater Value to Procure to Pay Processesaccenture
In this new Accenture document we discuss how blockchain technology can deliver real value to a financial service’s “Procure-to-Pay” process. For more information, see Philippe Guyonnet’s blog post: http://bit.ly/2gQs8nh
All about Blockchain Technology and it's applications in Finance functionvinodavg
Blockchain technology is a vast, distributed ledger, operating on millions of devices, recording anything, with identical copies maintained on each of the network computers. When a new transaction or an edit to an existing transaction comes in, generally a majority of the nodes within a blockchain network must execute some algorithms and essentially evaluate and verify the history of the transaction that is proposed and come to a consensus that the history and signature is valid, then the new transaction is accepted into the ledger. If a majority of nodes do not concede to the addition or modification of the ledger entry, then it is denied and not added to the chain. All the members can review previous entries and record new transactions. These are then grouped into ‘blocks’, which then form part of a ‘chain’, thus leading to a ‘blockchain’
Industralisation of Distributed Ledger TechnologyRodger Oates
This document discusses the industrialization of distributed ledger technology in banking and financial services. It provides an overview of the transformation potential of distributed ledgers, including disintermediation, increased transparency, and standardization. Potentially disruptive use cases are categorized as value ledgers, information ledgers, and timestamp ledgers. Key business considerations for industrialization include reimagining business models, defining operating models for industry solutions, transitioning existing assets onto distributed ledgers, and establishing standards. The document concludes by assessing the prerequisites and roadmap for moving distributed ledger technology towards mainstream adoption in banking.
Implementations of Fused Deposition Modeling in real worldEmerging Tech
The presentation showcases the diverse real-world applications of Fused Deposition Modeling (FDM) across multiple industries:
1. **Manufacturing**: FDM is utilized in manufacturing for rapid prototyping, creating custom tools and fixtures, and producing functional end-use parts. Companies leverage its cost-effectiveness and flexibility to streamline production processes.
2. **Medical**: In the medical field, FDM is used to create patient-specific anatomical models, surgical guides, and prosthetics. Its ability to produce precise and biocompatible parts supports advancements in personalized healthcare solutions.
3. **Education**: FDM plays a crucial role in education by enabling students to learn about design and engineering through hands-on 3D printing projects. It promotes innovation and practical skill development in STEM disciplines.
4. **Science**: Researchers use FDM to prototype equipment for scientific experiments, build custom laboratory tools, and create models for visualization and testing purposes. It facilitates rapid iteration and customization in scientific endeavors.
5. **Automotive**: Automotive manufacturers employ FDM for prototyping vehicle components, tooling for assembly lines, and customized parts. It speeds up the design validation process and enhances efficiency in automotive engineering.
6. **Consumer Electronics**: FDM is utilized in consumer electronics for designing and prototyping product enclosures, casings, and internal components. It enables rapid iteration and customization to meet evolving consumer demands.
7. **Robotics**: Robotics engineers leverage FDM to prototype robot parts, create lightweight and durable components, and customize robot designs for specific applications. It supports innovation and optimization in robotic systems.
8. **Aerospace**: In aerospace, FDM is used to manufacture lightweight parts, complex geometries, and prototypes of aircraft components. It contributes to cost reduction, faster production cycles, and weight savings in aerospace engineering.
9. **Architecture**: Architects utilize FDM for creating detailed architectural models, prototypes of building components, and intricate designs. It aids in visualizing concepts, testing structural integrity, and communicating design ideas effectively.
Each industry example demonstrates how FDM enhances innovation, accelerates product development, and addresses specific challenges through advanced manufacturing capabilities.
Kief Morris rethinks the infrastructure code delivery lifecycle, advocating for a shift towards composable infrastructure systems. We should shift to designing around deployable components rather than code modules, use more useful levels of abstraction, and drive design and deployment from applications rather than bottom-up, monolithic architecture and delivery.
Fluttercon 2024: Showing that you care about security - OpenSSF Scorecards fo...Chris Swan
Have you noticed the OpenSSF Scorecard badges on the official Dart and Flutter repos? It's Google's way of showing that they care about security. Practices such as pinning dependencies, branch protection, required reviews, continuous integration tests etc. are measured to provide a score and accompanying badge.
You can do the same for your projects, and this presentation will show you how, with an emphasis on the unique challenges that come up when working with Dart and Flutter.
The session will provide a walkthrough of the steps involved in securing a first repository, and then what it takes to repeat that process across an organization with multiple repos. It will also look at the ongoing maintenance involved once scorecards have been implemented, and how aspects of that maintenance can be better automated to minimize toil.
Support en anglais diffusé lors de l'événement 100% IA organisé dans les locaux parisiens d'Iguane Solutions, le mardi 2 juillet 2024 :
- Présentation de notre plateforme IA plug and play : ses fonctionnalités avancées, telles que son interface utilisateur intuitive, son copilot puissant et des outils de monitoring performants.
- REX client : Cyril Janssens, CTO d’ easybourse, partage son expérience d’utilisation de notre plateforme IA plug & play.
YOUR RELIABLE WEB DESIGN & DEVELOPMENT TEAM — FOR LASTING SUCCESS
WPRiders is a web development company specialized in WordPress and WooCommerce websites and plugins for customers around the world. The company is headquartered in Bucharest, Romania, but our team members are located all over the world. Our customers are primarily from the US and Western Europe, but we have clients from Australia, Canada and other areas as well.
Some facts about WPRiders and why we are one of the best firms around:
More than 700 five-star reviews! You can check them here.
1500 WordPress projects delivered.
We respond 80% faster than other firms! Data provided by Freshdesk.
We’ve been in business since 2015.
We are located in 7 countries and have 22 team members.
With so many projects delivered, our team knows what works and what doesn’t when it comes to WordPress and WooCommerce.
Our team members are:
- highly experienced developers (employees & contractors with 5 -10+ years of experience),
- great designers with an eye for UX/UI with 10+ years of experience
- project managers with development background who speak both tech and non-tech
- QA specialists
- Conversion Rate Optimisation - CRO experts
They are all working together to provide you with the best possible service. We are passionate about WordPress, and we love creating custom solutions that help our clients achieve their goals.
At WPRiders, we are committed to building long-term relationships with our clients. We believe in accountability, in doing the right thing, as well as in transparency and open communication. You can read more about WPRiders on the About us page.
Best Practices for Effectively Running dbt in Airflow.pdfTatiana Al-Chueyr
As a popular open-source library for analytics engineering, dbt is often used in combination with Airflow. Orchestrating and executing dbt models as DAGs ensures an additional layer of control over tasks, observability, and provides a reliable, scalable environment to run dbt models.
This webinar will cover a step-by-step guide to Cosmos, an open source package from Astronomer that helps you easily run your dbt Core projects as Airflow DAGs and Task Groups, all with just a few lines of code. We’ll walk through:
- Standard ways of running dbt (and when to utilize other methods)
- How Cosmos can be used to run and visualize your dbt projects in Airflow
- Common challenges and how to address them, including performance, dependency conflicts, and more
- How running dbt projects in Airflow helps with cost optimization
Webinar given on 9 July 2024
BT & Neo4j: Knowledge Graphs for Critical Enterprise Systems.pptx.pdfNeo4j
Presented at Gartner Data & Analytics, London Maty 2024. BT Group has used the Neo4j Graph Database to enable impressive digital transformation programs over the last 6 years. By re-imagining their operational support systems to adopt self-serve and data lead principles they have substantially reduced the number of applications and complexity of their operations. The result has been a substantial reduction in risk and costs while improving time to value, innovation, and process automation. Join this session to hear their story, the lessons they learned along the way and how their future innovation plans include the exploration of uses of EKG + Generative AI.
Mitigating the Impact of State Management in Cloud Stream Processing SystemsScyllaDB
Stream processing is a crucial component of modern data infrastructure, but constructing an efficient and scalable stream processing system can be challenging. Decoupling compute and storage architecture has emerged as an effective solution to these challenges, but it can introduce high latency issues, especially when dealing with complex continuous queries that necessitate managing extra-large internal states.
In this talk, we focus on addressing the high latency issues associated with S3 storage in stream processing systems that employ a decoupled compute and storage architecture. We delve into the root causes of latency in this context and explore various techniques to minimize the impact of S3 latency on stream processing performance. Our proposed approach is to implement a tiered storage mechanism that leverages a blend of high-performance and low-cost storage tiers to reduce data movement between the compute and storage layers while maintaining efficient processing.
Throughout the talk, we will present experimental results that demonstrate the effectiveness of our approach in mitigating the impact of S3 latency on stream processing. By the end of the talk, attendees will have gained insights into how to optimize their stream processing systems for reduced latency and improved cost-efficiency.
RPA In Healthcare Benefits, Use Case, Trend And Challenges 2024.pptxSynapseIndia
Your comprehensive guide to RPA in healthcare for 2024. Explore the benefits, use cases, and emerging trends of robotic process automation. Understand the challenges and prepare for the future of healthcare automation
How RPA Help in the Transportation and Logistics Industry.pptxSynapseIndia
Revolutionize your transportation processes with our cutting-edge RPA software. Automate repetitive tasks, reduce costs, and enhance efficiency in the logistics sector with our advanced solutions.
INDIAN AIR FORCE FIGHTER PLANES LIST.pdfjackson110191
These fighter aircraft have uses outside of traditional combat situations. They are essential in defending India's territorial integrity, averting dangers, and delivering aid to those in need during natural calamities. Additionally, the IAF improves its interoperability and fortifies international military alliances by working together and conducting joint exercises with other air forces.
Understanding Insider Security Threats: Types, Examples, Effects, and Mitigat...Bert Blevins
Today’s digitally connected world presents a wide range of security challenges for enterprises. Insider security threats are particularly noteworthy because they have the potential to cause significant harm. Unlike external threats, insider risks originate from within the company, making them more subtle and challenging to identify. This blog aims to provide a comprehensive understanding of insider security threats, including their types, examples, effects, and mitigation techniques.
Transcript: Details of description part II: Describing images in practice - T...BookNet Canada
This presentation explores the practical application of image description techniques. Familiar guidelines will be demonstrated in practice, and descriptions will be developed “live”! If you have learned a lot about the theory of image description techniques but want to feel more confident putting them into practice, this is the presentation for you. There will be useful, actionable information for everyone, whether you are working with authors, colleagues, alone, or leveraging AI as a collaborator.
Link to presentation recording and slides: https://bnctechforum.ca/sessions/details-of-description-part-ii-describing-images-in-practice/
Presented by BookNet Canada on June 25, 2024, with support from the Department of Canadian Heritage.
An invited talk given by Mark Billinghurst on Research Directions for Cross Reality Interfaces. This was given on July 2nd 2024 as part of the 2024 Summer School on Cross Reality in Hagenberg, Austria (July 1st - 7th)
2. Raman Technologies Inc.
1 East Chase Street, Suite 218
Baltimore, MD, USA
LEADERSHIP
Agile Transformation Services for the Government
Backed by trusted clients
Empower professionals by providing education & tools on project
management and agile delivery
RamanTechnologiesInc.advises on strategic portfolio execution
LONG TERM RELATIONSHIPS
100% Referenceable clients
Trusted advisors based relationships
Technology specialization
Excellent customer satisfaction ratings
3. Raman Technologies Inc.
About Us
We help organizations become Agile, develop their system and products leveraging Agile methods, and leverage
Blockchain technology to innovate their business. We bring together solutions to help companies adopt, transform
and scale their businesses with strong agile development methodologies; staffing and consulting services; coaching
and training; and most importantly, a full transformation support. Our focus is always on your business delivered
through agility, flexibility and uncompromising quality.
Our Vision
Nothing less than realizing the full potential of our clients and helping them unlock their greatest asset for
maximum success, we call knowledge, in this complex world we live in.
Our Mission
Raman Technologies mission is to empower organizations and people to be more effective, efficient, and successful
in delivering their products to the marketplace. To leverage technology to help organizations be more transparent
and improve operational efficiency. In essence – to be the catalyst and model for setting the standards for product
development and creating a transparent and collaborative environment, where people are motivated to take
ownership of their work and reach their potential.
5. Shared
Contract
CryptographyShared Ledger
Consensus
Ensuring secure,
authenticated & verifiable
transactions
Business terms embedded
in transaction database &
executed with transactions
All parties agree to
network verified
transaction
Append-only system of
record shared across
business network
Broader participation, lower cost and increased efficiency
7. Blockchain is an emerging
technology that can radically
improve banking, supply-chain and
other transaction networks, giving
them new opportunities for
innovation and growth while
reducing cost and risk.
Economic transactions on a distributed ledger
can be programmed to record virtually
anything of value: your identity, a will, a deed, a
title, a license, intellectual property, and also
almost any type of financial instrument.
“How seriously should we take this? I would
take it as seriously as we should have taken
the concept of the Internet in the 1990s.”
—Blythe Masters, DAH http://bit.ly/1JENgb4
8. Stack of Processes
– Clearing Networks
– International Transfers
– Clearing and Settlement
– Auditing, Reconciliation,
Reporting and Settlement
– Asset Ownership
Financial Instruments
– Payments – Cross Border, P2P,
Corporate and Interbank
– Private Equity
– Bonds
– Derivative Commodities
– Trading Records
– Spending Records
– Mortgage/Loan Records
– Microfinance
– Servicing Records
9. Derivative
Contract 1
Derivative
Contract 19
Securities
Contract
Oracles
…..
…..
…..….…….
……...
…..….…….
……...
Integration Bus
Clearing/Settlement
On-chain Off-chain
…..….…….
……...
…..….…….
……...
Market
Trading
Application
Off-chain
/On-chain
Oracles are off chain services that
integrate on-chain contracts with existing
systems. Network participants do not
interact with oracles directly.
Oracle
Trading/exchange applications can live
either on-chain or off-chain (i.e. off-chain
applications are often more centralized,
but likely offer better latency).
Market
Final clearing/settlement of financial
assets can be automated through smart
contracts, which have direct access to
assets defined on chain.
Clearing/Settlement
Live Feed
Exchange
Application
Trading, clearing and settlement functions can all be automated on a blockchain network using smart contracts and oracles.
10. Blockchain for Banking
Letters of Credit
For the banks handling letters of credit (LOC) for their clients, Blockchain Technology provides a common ledger that allows bank and
all counter-parties to have the same validated records of transactions and fulfilment of conditions, so that this can increase trust and
speed of execution from 4 days to <1 day.
Corporate Debt
As a bank handler of corporate debt, Blockchain based systems can help to pay vendor invoices for bank’s corporate clients
immediately and win the highest net discount while immediately letting the Bank clients validate that the invoice was executed and
the money paid. And also the bank doesn't need to build another system for innovative factoring use cases and government
oversight measures — one API for all. The system can be built at a market-level, so that banks don’t have to build one for each of
their client relationships, and so that this can spread the cost of building and maintaining the system.
Repurchase Agreements
As a repurchase agreement trader, banks need a transparent marketplace of bids and asks, so that they can discover, trade and
execute agreements with relative assurance that there will be no repudiation or other issues. Blockchain helps each trading partner
to be equal in the network, trade directly and spread the costs/risks.
Supply Chain and Self-Executing B2B Contracts
Corporate buyers would want be able to submit their purchase contract to a network they share with the suppliers, which will
convert the agreement into a validated, trusted, self-executing process, so that when the PO is appended to the ledger, supply has
been received, and other events occur, the terms of the contract are automatically executed. And so the supplier, the buyer, their
banks, logistics partners and other stakeholders all can have visibility and be assured of proper completion of the transaction.
11. Blockchain for Banking Consortia
Security Services
Security Settlement: Once financial assets are dematerialized on a shared ledger, all stakeholders will have direct
access to the asset repository and the power to settle trades, without always going through intermediaries needlessly.
Post Trade Operation: Post trade processes such as trade capture, enrichment, confirmation/affirmation, clearing and
settlement can be automated on a shared ledger, potentially reducing post trade operation time from days to seconds.
Trade Repository: By design, Blockchain is a secure record repository of ordered collection of financial transactions. It
records the history of asset control and state changes, reducing the need of maintaining a separate trade repository
for record keeping.
Capital Market
Derivative Trading: Connect potential buyers and sellers on a decentralized network. Offers placed on Blockchain
network can be automatically seen by all participants, the network will be cheaper and potentially bigger than ECNs
today because the risk and the cost of maintaining the network is spread across all participants (there will not be a
single owner charging premium for maintaining the service.)
Derivative Post: Trade Management: Derivatives contracts can be managed and automated through smart contracts
on a shared ledger, significantly cutting down the management cost and time while reducing the intra-day risk.
Syndicated Loan: Help borrowers and arrangers to broadcast their offers to all potential investors on a Blockchain
network and to automate the syndication process.
Trade Finance
Cross-Currency Payment: Automatically connecting market makers and bypassing intermediaries to significantly
reduce the time taken for cross currency payment from days to seconds.
Card Operation
KYC: Credit card issuers can record customers’ credit histories on a shared ledger so that customer information can be
easily shared (or sold) between companies.
12. We bring the expertise capabilities as well as necessary tools …
• Experts in Blockchain, identity management and cryptography technologies.
• Experts in Software product engineering and BPM.
• Domain experts in supply chain, healthcare, ERP and financial services.
…to execute in this field:
We are currently developing POCs and conducting research in
• Proof of Concept in Banking: Our Blockchain and product development team is
currently working on developing proof of concepts in banking use cases on the
Ethereum blockchain.
• Identity, Certificates: In order to transact on the Blockchain without exposing strategic
information to others, a party’s identity must be transparent to the party it’s transacting
with while opaque to others.. Our team has developed sophisticated user identity
management solutions in several of its products.
• Inter-network services: In addition to identity management, current Blockchain
platforms are challenged in enabling cross-ledger services. Say, for example, a bank
performed KYC on a merchant in one network, and now the same bank is working with
the same merchant in another network. Why do KYC twice? Our team has developed
innovative interoperable service components to manage inter network communication.
14. • Too much fragmentation in loyalty Industry.
• High rate of Loyalty rewards account inactivity and low redemption rates –
unclaimed rewards are accounted for liabilities on company balance sheets.
• Difficult for loyalty reward providers to setup or enter loyalty program partnership
due to poor interoperability among enterprise systems.
• High transaction, system management and customer acquisition costs.
• Low customer retention.
• 53% of customers are unhappy with their loyalty program.
• Improve customer privacy and transactional security
15. Our Loyalty Reward Program POC based on Ethereum Platform:
• Loyalty Network Platform – Permissioned blockchain network based on Hyperledger blockchain
technology that could accommodate different organizations and their loyalty programs. (e.g.
program currently being tested with Canara bank and Jet Airways merchant reward applications)
• Loyalty Tokens – Loyalty reward points implemented as algorithm generated Ether based crypto
tokens.
• Digital Wallets – Multisig Digital wallets created for users and loyalty provider reward applications
to connect to loyalty network platform for loyalty point earning, exchange and redemption
transactions. For the purpose of POC, we use Mist, EthAccount and Geth wallets. The loyalty
provider reward applications and bank were connected through their wallet accounts to the
Ethereum blockchain.
• API Management – The API calls between reward application, bank, user wallets and blockchain
platform are made using secure REST web service calls. These API calls were made as wrappers to
web3.js API calls which invoke smart contract functions related to loyalty reward transactions (earn
loyalty points, exchange points, redeem points and read user wise loyalty point balance and
transaction history.)
• Security/Authentication Services– All Users, enterprise applications and the loyalty reward
transactions are authenticated using PKI based authentication (X.509 certificates) backed by
blockchain security layer. Enterprise users and their roles are authenticated using an open source
Identity access management e.g. OpenIAM system.
17. Our Loyalty and Reward Program is designed to be:
• Secure in Access, Transmission and Storage of data.
• Based on Modular components.
• Smart contracts with fine grained ownership checking rules to secure transactions.
• Smart transactions. Example:
– when a member earns loyalty points – it updates transactions and balances, statements and
transaction receipts
– when a member redeems , it refers/updates comprehensive catalog options and fulfilment tracking.
• Promotion manager with configurations e.g. SKU, Loyalty promotion, Earn x jet air
miles per $ spent, first time purchase reward etc.
• Hyperledger Blockchain distributed transaction ledger to provide information on
members identity and profiles, promotions and transaction history (loyalty points
earnings, redemptions and transfers)
• User identity access management to control permissioned access to the blockchain.
18. As a result of successful POC , our team was able to
• Setup a Permissioned Blockchain loyalty reward network based framework between merchant, bank
and customer.
• Near Real time transaction updates across various stakeholder systems.(e.g. users, merchant, bank) For
example - transactions updated in near real time in merchant and bank distributed ledger nodes.
• Developed user wallets to interact with loyalty program smart contracts deployed in blockchain.
• Identified further Scope of work to extend POC use cases e.g.
o User wallets to be developed as android and iOS mobile apps to interact with loyalty blockchain
system.
o Development of real time notifications to update fulfilment tracking and customer service updates
post redemption of loyalty points.
o Updating banking and merchant statements to clear off liabilities on redemption of loyalty points
with real time updates.
o Promotional management of loyalty rewards.
o Promotion and Integration of loyalty reward system on social media.