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Hyperledger: Advancing Blockchain Technology for Business

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Cloud Standards Customer Council
Cloud Standards Customer Council

Webinar presented live on May 17, 2017 Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, IoT, supply chain, manufacturing and technology. In this webinar, Dan O'Prey, CMO at Digital Asset and Chair of the Hyperledger Marketing Committee, and IBM’s Chris Ferris, chair of the Hyperledger Technical Steering Committee, will provide an overview of Hyperledger. They will discuss the basics of distributed ledger technologies, business use cases for blockchain, and how to get involved with Hyperledger projects. To view a video recording, visit: http://www.cloud-council.org/webinars/the-hyperledger-project-advancing-blockchain-technology-for-business.htm

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Introduction to Blockchain Technology and Hyperledger Chris Ferris (IBM) and Dan O’Prey (Digital Asset) May 2017 Webinar May 17, 2017
Technical Steering Committee 2 The TSC is the technical governance heart and soul of the project. As new code bases get contributed to the project they get reviewed and approved by this committee. Committing members appoint and vote the TSC Chair annually. Meets weekly on Thursdays, 10:00 AM to 11:30 AM ET All are invited to attend these calls and encouraged to join the TSC mailing list for more information: https://lists.hyperledger.org/mailman/listinfo/hyperledger-tsc TSC Chair IBM Distinguished Engineer and CTO Open Technology in the IBM Cloud organization Involved in the architecture, design, & engineering of distributed systems for most of his 36+ year career Actively engaged in open standards and open source development since 1999 Overall technical responsibility for all of IBM’s strategic open technology initiatives, including OpenStack, Cloud Foundry, Hyperledger Project, Open Container Initiative, Cloud Native Computing Foundation, Mesos, Node.js, Docker, and more Chris Ferris
Marketing Committee 3 The Hyperledger Marketing Committee is open to all members of the project and is charged with defining and executing the marketing and outreach strategy. To date, the Committee has established two standing Working Groups – Messaging and Events – and is exploring additional ones. Marketing Committee Chair Digital Asset – CMO Dan was the co-founder and CEO of Hyperledger, a San Francisco-based technology firm that developed an innovative distributed ledger to allow financial institutions to clear and settle transactions in real-time. Prior to Hyperledger, Dan lived in Beijing where he founded and served as the CEO of MadeiraCloud (VisualOps), a visual cloud management and automation tool for Amazon Web Services. Dan O’Prey
Leadership 4 2016 has been full of growth for the organization and community. Not only did we exceed 100 members, Hyperledger met significant development milestones across our several Umbrella projects, thanks to the community’s hard work. As 2016 was a year of exploration, R&D and prototyping, we’re excited for 2017 to be the year we start to see case studies of Hyperledger Business Blockchain Technologies in production environments.” “ Executive Director Brian Behlendorf Apache Web server – Primary developer Apache Software Foundation – Founding member Mozilla Foundation – BOD since 2003 Electronic Frontier Foundation – BOD since 2013 CollabNet – Founding CTO World Economic Forum – CTO Most recently, managing director at Mithril Capital Management LLC, a global technology investment firm
Governing Board 5 Comprised of one voting representative from each Premier Hyperledger member and attended by the TSC and Marketing Committee Chairs, the Governing Board’s responsibilities include: • Approving a budget • Electing a Chair to preside over Governing Board meetings, authorize expenditures approved by the budget and manage any day- to-day operations • Overseeing all Project business and marketing matters Governing Board Chair Digital Asset – CEO Digital Asset builds distributed, encrypted straight through processing tools to improve efficiency, security, compliance and settlement speed. Blythe was previously a senior executive at J.P. Morgan, which she left in 2014 after a career spanning 27 years, following the successful sale of the bank’s physical commodities business which she built. Named J.P. Morgan's head of Global Commodities in 2007, Blythe was responsible for building an integrated physical and financial commodity business, including market-making, structuring, risk management, financing and warehousing capabilities across the full spectrum of commodity asset classes. Blythe Masters
Shared Ledger Database 6 Blockchain allows multiple competing parties to securely interact with the same universal source of truth Streamlined settlement, improved liquidity, increased transparency and new products/markets Finance Unite disparate processes, increase data flow and liquidity, reduce costs and improve patient experience and outcomes Healthcare Track parts and service provenance, ensure authenticity of goods, block counterfeits, reduce conflicts Supply Chain
Problem s w ith existing blockchains Limited Throughput Slow Transaction Confirmations Anonymous Processors No Settlement Finality Designed for Cryptocurrency Poor Governance No Privacy
Use Case: Clearing and Settlement 8 Today’s Process: Blockchain Process:● Today’s post trade clearing and settlement system’s involved numerous parties, each keeping a copy of the same pieces of data. ● Blockchain enables this process to be simplified so that every participant can be confident they are seeing what their counterparties are seeing.
Use Case: Global Trade Digitization 9 ● Provide trusted, tamper-proof, cross-border workflows for digitized trade documents ● Provide shared visibility and shared state for container shipments
Use Case: Supply chain management 10
Hyperledger Healthcare Working Group 11
Other Use Cases 12 Cross Border Payments Letters of Credit Securities Settlement Trade Finance Repurchase Agreements Digital Rights Management Land Registry Voting Identity Internet of Things
13 Together with the global technology community, The Linux Foundation® is solving the world’s hardest problems through open source and creating the largest shared technology investment in history. With 16 years experience providing governance structure, IT infrastructure and ecosystem development, The Linux Foundation is the umbrella organization for more than 50 open source projects accelerating open technology development and commercial adoption. Some of the game-changing initiatives hosted by The Linux Foundation include:
What is Hyperledger? What Makes it Unique? 14 Open Source not-for-profit accelerating the development and adoption of business blockchain technologies. Businesses with the most stringent blockchain requirements Trust Hyperledger because: Hosted by The Linux Foundation, the experts at accelerating open technology development and commercial adoption Neutral and collaborative, Hyperledger will always: • be open to all who wish to participate • produce open source technologies • remain immune to the commercial interests of any single company Industry-standard blockchains by business for business Hyperledger blockchain technologies emphasize key enterprise requirements: • Support for differing levels of access • Sub-universal validation • Cross-chain transactions • Modularity
Brian Behlendorf ExecutiveDirector Hyperledger “ ”photo: https://www.linux.com/news/hyperledger-source-truth The most valuable role Hyperledger can play isto serve asa trusted source of innovative,quality-driven open source software development community; creating modular,open source componentsand platforms; all focused on distributed ledger and smart contract technologies. If Hyperledger can forge a brand that is widely seen asthe accepted default ‘safe’ deployment platform for enterprise teams,and be seen asa great home for active collaboration around new technologies, then I think we can say ‘mission accomplished’.
You say businesses with the most stringent requirements Trust Hyperledger? Like Who? 16 These 16 Hyperledger Premier Members, over 100 General Members and several Associate Member regulators, advocates and academics are working with the global open source community to co-create industry-standard business blockchain technologies.
17 The Linux Foundation has achieved an unbelievable feat in bringing together a community of traditionally competitive institutions. To facilitate such extensive collaboration between startups, financial and nonfinancial corporations and technology giants is an enormous win for the whole distributed ledger industry as firms look to leverage mutually beneficial code for the common good.” “ CEO, Digital Asset, Governing Board Chair, Hyperledger The Linux Foundation 2016 Annual Report – Blythe Masters
Hyperledger Goals 18 Where open source teams build diverse approaches for business blockchain technology systems Provide neutral, open, & community- driven infrastructures supported by technical and business governance Build technical communities to develop blockchain and shared ledger POCs, use cases, field trials and deployments Educate the public about the market opportunity for blockchain technology Promote our community of communities taking a toolkit approach with many platforms and frameworks Create enterprise grade, open source, distributed ledger frameworks & code bases to support business transactions
Chaintool Explorer Cello Fabric Iroha Sawtooth HyperledgerCloudFoundry Node.js Open Container Initiative How is Hyperledger Set-up? 19 Infrastructure Technical, Legal, Marketing, Organizational Ecosystems that accelerate open development and commercial adoption Frameworks Meaningfully differentiated approaches to business blockchain frameworks developed by a growing community of communities from the entire industry Modules Typically built for one framework, and through common license and community of communities approach, ported to other frameworks Burrow Indy
Hyperledger Blockchain Frameworks 20 For complete list of Blockchain projects in incubation, including sub-projects, visit www.Hyperledger.org/community/projects. 1 Hyperledger Fabric: Blockchain implementation intended as foundation for developing applications or solutions with a modular architecture that allows components, such as consensus and membership services, to be plug-and-play. Hyperledger Iroha: Distributed ledger project designed to be simple and easy to incorporate into infrastructural projects requiring distributed ledger technology. 2 Hyperledger Sawtooth: Distributed ledger technology with potential in many fields, from IoT to Financials, and an architecture that recognizes the diversity of requirements across that spectrum. Support for both permissioned and permissionless deployments. 3 4 Hyperledger Burrow: Permissioned Ethereum smart contract blockchain implementation
Hyperledger Blockchain Tools 21 For complete list of Blockchain projects in incubation, including sub-projects, visit www.Hyperledger.org/community/projects. Hyperledger Indy: distributed ledger purpose-built for decentralized identity solution5 Hyperledger Composer: collaboration tool for building businesss networks, accelerating development and deployment of smart contracts. 6 Hyperledger Cello: aims to bring the on-demand “as-a-service” deployment model to blockchain and reduce the effort required to create and manage a decentralized blockchain network. 7 Hyperledger Explorer: a tool to view, invoke, deploy or query blocks, transactions and associated data stored on the ledger. 8
Additional Community Working Groups 22 Working Groups are open to the public Technical Working Group, China (TWG - China) Requirements Working Group Identity Working Group Architecture Working Group Whitepaper Working Group Blockchain Protocol Working Group
How can I get involved? 23 1. If high-quality, industry-standard business blockchain technologies are critical to your business, please consider joining: Visit: www.hyperledger.org/about/join or email info@hyperledger.org 2. Developers and tech leaders, engage with any of our open community channels: www.hyperledger.org/community 3. Stay up to date on all the latest Hyperledger news Follow us on twitter: @Hyperledger and sign up for our newsletter
Hyperledger Global Meetups 24 Hyperledger Meetups We are 12,000+ members across 53 Meetups
Join Us! Ensure the strength and longevity of a core technology to your business. Publicly proclaim your leadership in the blockchain space. Work with other blockchain leaders to develop and promote Hyperledger. Visit hyperledger.org/about/join or email info@hyperledger.org.

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Hyperledger: Advancing Blockchain Technology for Business

  • 1. Introduction to Blockchain Technology and Hyperledger Chris Ferris (IBM) and Dan O’Prey (Digital Asset) May 2017 Webinar May 17, 2017
  • 2. Technical Steering Committee 2 The TSC is the technical governance heart and soul of the project. As new code bases get contributed to the project they get reviewed and approved by this committee. Committing members appoint and vote the TSC Chair annually. Meets weekly on Thursdays, 10:00 AM to 11:30 AM ET All are invited to attend these calls and encouraged to join the TSC mailing list for more information: https://lists.hyperledger.org/mailman/listinfo/hyperledger-tsc TSC Chair IBM Distinguished Engineer and CTO Open Technology in the IBM Cloud organization Involved in the architecture, design, & engineering of distributed systems for most of his 36+ year career Actively engaged in open standards and open source development since 1999 Overall technical responsibility for all of IBM’s strategic open technology initiatives, including OpenStack, Cloud Foundry, Hyperledger Project, Open Container Initiative, Cloud Native Computing Foundation, Mesos, Node.js, Docker, and more Chris Ferris
  • 3. Marketing Committee 3 The Hyperledger Marketing Committee is open to all members of the project and is charged with defining and executing the marketing and outreach strategy. To date, the Committee has established two standing Working Groups – Messaging and Events – and is exploring additional ones. Marketing Committee Chair Digital Asset – CMO Dan was the co-founder and CEO of Hyperledger, a San Francisco-based technology firm that developed an innovative distributed ledger to allow financial institutions to clear and settle transactions in real-time. Prior to Hyperledger, Dan lived in Beijing where he founded and served as the CEO of MadeiraCloud (VisualOps), a visual cloud management and automation tool for Amazon Web Services. Dan O’Prey
  • 4. Leadership 4 2016 has been full of growth for the organization and community. Not only did we exceed 100 members, Hyperledger met significant development milestones across our several Umbrella projects, thanks to the community’s hard work. As 2016 was a year of exploration, R&D and prototyping, we’re excited for 2017 to be the year we start to see case studies of Hyperledger Business Blockchain Technologies in production environments.” “ Executive Director Brian Behlendorf Apache Web server – Primary developer Apache Software Foundation – Founding member Mozilla Foundation – BOD since 2003 Electronic Frontier Foundation – BOD since 2013 CollabNet – Founding CTO World Economic Forum – CTO Most recently, managing director at Mithril Capital Management LLC, a global technology investment firm
  • 5. Governing Board 5 Comprised of one voting representative from each Premier Hyperledger member and attended by the TSC and Marketing Committee Chairs, the Governing Board’s responsibilities include: • Approving a budget • Electing a Chair to preside over Governing Board meetings, authorize expenditures approved by the budget and manage any day- to-day operations • Overseeing all Project business and marketing matters Governing Board Chair Digital Asset – CEO Digital Asset builds distributed, encrypted straight through processing tools to improve efficiency, security, compliance and settlement speed. Blythe was previously a senior executive at J.P. Morgan, which she left in 2014 after a career spanning 27 years, following the successful sale of the bank’s physical commodities business which she built. Named J.P. Morgan's head of Global Commodities in 2007, Blythe was responsible for building an integrated physical and financial commodity business, including market-making, structuring, risk management, financing and warehousing capabilities across the full spectrum of commodity asset classes. Blythe Masters
  • 6. Shared Ledger Database 6 Blockchain allows multiple competing parties to securely interact with the same universal source of truth Streamlined settlement, improved liquidity, increased transparency and new products/markets Finance Unite disparate processes, increase data flow and liquidity, reduce costs and improve patient experience and outcomes Healthcare Track parts and service provenance, ensure authenticity of goods, block counterfeits, reduce conflicts Supply Chain
  • 7. Problem s w ith existing blockchains Limited Throughput Slow Transaction Confirmations Anonymous Processors No Settlement Finality Designed for Cryptocurrency Poor Governance No Privacy
  • 8. Use Case: Clearing and Settlement 8 Today’s Process: Blockchain Process:● Today’s post trade clearing and settlement system’s involved numerous parties, each keeping a copy of the same pieces of data. ● Blockchain enables this process to be simplified so that every participant can be confident they are seeing what their counterparties are seeing.
  • 9. Use Case: Global Trade Digitization 9 ● Provide trusted, tamper-proof, cross-border workflows for digitized trade documents ● Provide shared visibility and shared state for container shipments
  • 10. Use Case: Supply chain management 10
  • 12. Other Use Cases 12 Cross Border Payments Letters of Credit Securities Settlement Trade Finance Repurchase Agreements Digital Rights Management Land Registry Voting Identity Internet of Things
  • 13. 13 Together with the global technology community, The Linux Foundation® is solving the world’s hardest problems through open source and creating the largest shared technology investment in history. With 16 years experience providing governance structure, IT infrastructure and ecosystem development, The Linux Foundation is the umbrella organization for more than 50 open source projects accelerating open technology development and commercial adoption. Some of the game-changing initiatives hosted by The Linux Foundation include:
  • 14. What is Hyperledger? What Makes it Unique? 14 Open Source not-for-profit accelerating the development and adoption of business blockchain technologies. Businesses with the most stringent blockchain requirements Trust Hyperledger because: Hosted by The Linux Foundation, the experts at accelerating open technology development and commercial adoption Neutral and collaborative, Hyperledger will always: • be open to all who wish to participate • produce open source technologies • remain immune to the commercial interests of any single company Industry-standard blockchains by business for business Hyperledger blockchain technologies emphasize key enterprise requirements: • Support for differing levels of access • Sub-universal validation • Cross-chain transactions • Modularity
  • 15. Brian Behlendorf ExecutiveDirector Hyperledger “ ”photo: https://www.linux.com/news/hyperledger-source-truth The most valuable role Hyperledger can play isto serve asa trusted source of innovative,quality-driven open source software development community; creating modular,open source componentsand platforms; all focused on distributed ledger and smart contract technologies. If Hyperledger can forge a brand that is widely seen asthe accepted default ‘safe’ deployment platform for enterprise teams,and be seen asa great home for active collaboration around new technologies, then I think we can say ‘mission accomplished’.
  • 16. You say businesses with the most stringent requirements Trust Hyperledger? Like Who? 16 These 16 Hyperledger Premier Members, over 100 General Members and several Associate Member regulators, advocates and academics are working with the global open source community to co-create industry-standard business blockchain technologies.
  • 17. 17 The Linux Foundation has achieved an unbelievable feat in bringing together a community of traditionally competitive institutions. To facilitate such extensive collaboration between startups, financial and nonfinancial corporations and technology giants is an enormous win for the whole distributed ledger industry as firms look to leverage mutually beneficial code for the common good.” “ CEO, Digital Asset, Governing Board Chair, Hyperledger The Linux Foundation 2016 Annual Report – Blythe Masters
  • 18. Hyperledger Goals 18 Where open source teams build diverse approaches for business blockchain technology systems Provide neutral, open, & community- driven infrastructures supported by technical and business governance Build technical communities to develop blockchain and shared ledger POCs, use cases, field trials and deployments Educate the public about the market opportunity for blockchain technology Promote our community of communities taking a toolkit approach with many platforms and frameworks Create enterprise grade, open source, distributed ledger frameworks & code bases to support business transactions
  • 19. Chaintool Explorer Cello Fabric Iroha Sawtooth HyperledgerCloudFoundry Node.js Open Container Initiative How is Hyperledger Set-up? 19 Infrastructure Technical, Legal, Marketing, Organizational Ecosystems that accelerate open development and commercial adoption Frameworks Meaningfully differentiated approaches to business blockchain frameworks developed by a growing community of communities from the entire industry Modules Typically built for one framework, and through common license and community of communities approach, ported to other frameworks Burrow Indy
  • 20. Hyperledger Blockchain Frameworks 20 For complete list of Blockchain projects in incubation, including sub-projects, visit www.Hyperledger.org/community/projects. 1 Hyperledger Fabric: Blockchain implementation intended as foundation for developing applications or solutions with a modular architecture that allows components, such as consensus and membership services, to be plug-and-play. Hyperledger Iroha: Distributed ledger project designed to be simple and easy to incorporate into infrastructural projects requiring distributed ledger technology. 2 Hyperledger Sawtooth: Distributed ledger technology with potential in many fields, from IoT to Financials, and an architecture that recognizes the diversity of requirements across that spectrum. Support for both permissioned and permissionless deployments. 3 4 Hyperledger Burrow: Permissioned Ethereum smart contract blockchain implementation
  • 21. Hyperledger Blockchain Tools 21 For complete list of Blockchain projects in incubation, including sub-projects, visit www.Hyperledger.org/community/projects. Hyperledger Indy: distributed ledger purpose-built for decentralized identity solution5 Hyperledger Composer: collaboration tool for building businesss networks, accelerating development and deployment of smart contracts. 6 Hyperledger Cello: aims to bring the on-demand “as-a-service” deployment model to blockchain and reduce the effort required to create and manage a decentralized blockchain network. 7 Hyperledger Explorer: a tool to view, invoke, deploy or query blocks, transactions and associated data stored on the ledger. 8
  • 22. Additional Community Working Groups 22 Working Groups are open to the public Technical Working Group, China (TWG - China) Requirements Working Group Identity Working Group Architecture Working Group Whitepaper Working Group Blockchain Protocol Working Group
  • 23. How can I get involved? 23 1. If high-quality, industry-standard business blockchain technologies are critical to your business, please consider joining: Visit: www.hyperledger.org/about/join or email info@hyperledger.org 2. Developers and tech leaders, engage with any of our open community channels: www.hyperledger.org/community 3. Stay up to date on all the latest Hyperledger news Follow us on twitter: @Hyperledger and sign up for our newsletter
  • 24. Hyperledger Global Meetups 24 Hyperledger Meetups We are 12,000+ members across 53 Meetups
  • 25. Join Us! Ensure the strength and longevity of a core technology to your business. Publicly proclaim your leadership in the blockchain space. Work with other blockchain leaders to develop and promote Hyperledger. Visit hyperledger.org/about/join or email info@hyperledger.org.