Blockchain: Real World Use Cases

1Copyright © 2016 Capgemini and Sogeti – Internal use only. All Rights Reserved.

Presentation Title | Date

Blockchain: Real World Use Cases

Nick Meyne Enterprise Architect - Capgemini

2Copyright © 2016 Capgemini and Sogeti. All Rights Reserved.

Blockchain Use Cases | 28th September 2016

Agenda

Blockchain Background Patterns 8 Use cases Business Success Factors Summary



“It’s going to be as big as the internet was in the 90’s” ..Really?

“Think about the blockchain as another class of thing, like the Internet − a comprehensive information technology with tiered technical levels and multiple classes of applications for any form of asset registry, inventory, and exchange, including every area of finance, economics, and money. In fact it is even more - the blockchain concept is a new organizing paradigm.”

Melanie Swan, Institute for Blockchain Studies

“Blockchain is reinventing the infrastructure that enables us to transact globally, between institutions, in real time…. It’s not just about banking, it’s going to revolutionize governments, the identity of people and the whole way we think about how we record transactions – something we will see for the next decade, changing everything ” “It’s a distributed database you can trust”

Chris SkinnerAuthor ValueWeb and CFO, The Finanser

https://youtu.be/B4A40R2VKSICapgemini - Agents of Change:

Gartner Hype Cycle

Scott Adams

https://youtu.be/B4A40R2VKSI



Blockchain platform technology includes a mix of decentralized database, process logic, cryptographic security and transparency… designed for value exchange

Modular business rules

«Smart contracts»

Programs «built into» the database

Process automation

… but this is not necessary for its use

Can transfer digital values…

Any digital representation of an asset

Value transfer

Strength can be varied according to use

Built on public-key infrastructure

Reduce damage caused by data breach

Cryptographic security

«Data» can be anything

Data is stored in more than one place

Each entry is «chained» to the next

Decentralized database



Patterns: Blockchain is a DISTRIBUTED ledger technology

Centralised Federated Distributed



DISTRIBUTED – network - it’s like the Internet




DISTRIBUTED – development and maintenance




DISTRIBUTED – stability, scalability, innovation




Other than for cryptocurrencies, where might a distributed ledger be useful for ‘value exchange‘? Why?

Value Transacted Ecosystem – busy: buyers, suppliers

and regulators – not just one app! Existing Market Broken:

• Clumsy? No trust? Transparency/privacy?• Won’t scale / Scary... Failure?• Slow

Rules Lower Friction, Speed Governed

Isn’t this just emerging technology looking for a business problem to solve!

1. You should be focusing on your most important problems, not the technology

2. Don’t use a blockchain if there’s a better way of solving the problem with conventional technology... Does it really need to be distributed?



DISTRIBUTED LEDGER = PLATFORM for MATCHMAKING

What Who How

Private Securities Capital Markets Firms Digital Asset ledger for issuing private securities to investors

Syndicated Loans Lenders and Borrowers

Shared loan ledger allows lending syndicate to form and arrange loan

Ripple Integration Banks and Payment Service providers

Connector for lower cost ‘peer to peer’ Foreign Exchange between banks

PSD2 Compliance Banks, Payment Services, Customers

Authorizing access to customer bank accounts by payment providers

Business Identity Small Businesses, Institutions

Businesses control ‘self-sovereign’ business identity information, verified and shared.

Fiat - Relay Users of ‘Dapps’ and Banks

Distributed app users able to ‘Cash-out’ from cryptocurrency more easily.

Loyalty Consumers, Retailers,Card Providers

Digital loyalty point wallets and decentralised exchange. ‘Pop-up’ coalition loyalty schemes.

Social Loyalty Communities, Charities

Charitable / welfare donation and non-cash value earning and redemption for the financially excluded to improve social welfare

Capgemini Proof of Concept Work on Blockchain

**

*



Description / Overview

Target clients

• Smaller businesses prove their identity and reputation to authorities, lenders, insurers and other businesses

• Submit documents, proofs and references once, not many • Create (or revoke) authorisations with multiple institutions• ‘Self-sovereign’, but notarised by proving authorities

• Tax authorities• Providers / ‘panel’ consortia offering multiple services• FI’s and Banks managing business account access

Blockchain Benefit• Blockchain to build and share identity and authorisation records• Secure, immutable records – shared and verified – fewer copies• Distributed solution increases resilience. Less burden for all.

Business Identity and Authorisations



Small businesses can control their own strong and verified ‘self-sovereign’ business identity and authorisations and grant secure access to relevant information

A blockchain-based identity and authorisation management platform standardises and simplifies the interactions of small businesses with government, financial institutions, traders and customers

Authorization Rules

Identity, Proofs and Permissions

Business Owner / Authorised Officers

Access and Rights Management

Customer privacy Blockchain Transparent / immutable

Trusted authorisers / regulators – e.g. Tax authority- have write access to the identity store and provide verification and proofs

Common, secure Access Rights Management platform with

governance framework

Lenders / Banks / FI’sAuthorised Agents, Other

Businesses,Customers




Target clients

• Enable collaborative shared ledger loyalty value exchange• Scheme rules implemented as smart contracts • Consumer identity, trust and privacy features

• Merchant acquirers needing a value-add ‘sticky’ offer• Payment providers creating a digital marketplace offering• Large to Medium-sized or small retailers – can have loyalty scheme of their own

Blockchain Benefit• Common platform consumer + merchant loyalty value exchange • Consumer privacy and community features• Can work as a value gateway to existing CRM or loyalty schemes

Loyalty – Tokens



Blockchain-based loyalty tokens reduce complexity and increases agility and consistency in loyalty scheme administration

A blockchain-based loyalty ledger provides a common platform solution for multi-merchants directly linking Payment Transactions to Loyalty Tokens, owned by the Consumer

Loyalty / Promotion Rules

Identity and Permissions

Multiple store POS systems

Multiple digital channel systems

Value Exchange /

Digital Wallet

Customer privacy

Blockchain Transparent / immutable

Standardised, simplified interfaces

Mobile, low cost, resilient and available

platform




Target clients

• Charitable / welfare still cash payments in F2F situations• Cash has risks – but is the only alternative for the excluded• Provide a non-cash, token-based convenient digital channel for F2F

value exchange after ‘top-up’

• Affordable digital micro-payments for those who no longer carry cash• Charities who wish to improve traceability of donations – tax

reclaimed?• Local councils, charity volunteers or service providers – food banks?• Central government engaging more with local benefits disbursement

Blockchain Benefit• Common distributed platform approach allows charities, or groups of

charities and local groups to exchange value for services • Smart contract rules to support social objectives. Social Loyalty incentives• Traceability, auditability helps satisfy regulators• Client and donor privacy

Social Loyalty

... TRADE



Charitable / welfare donation and non-cash value earning and redemption for the financially excluded to improve social welfare

A blockchain-based social loyalty ledger could affordably extend proven consumer loyalty concepts to the charitable and social welfare sector for the mutual benefit of donors, clients and service providers

Scheme RulesIdentity and Permissions

Service:Food bank, Accommodation, Charity store,Learning,Childcare

RegisteredClient

Value Exchange /

Digital Wallet

Customer privacy

Blockchain Transparent / immutable

Charity / Social Enterprise / Local Authority

Mobile, low cost, resilient and available platform

Tax Authority / Charities Regulator

Registered Donor

IdentifierAssisted account access and advice



Six Business Success Factors: Distributed Thinking

Reduce Friction:• Inefficiencies, delays, handoffs

Critical mass:• Enough participants on the platform for it to be mutually valuable

Pricing:• Some participants subsidised to join? Just at the start?

Ecosystem:• Membership. Who gets in at the beginning? Who is kept out? ‘Network effects' ?

Meeting Place:• User experience – great for all the participants.

Governance:• Clear, open and trusted - keep the platform secure stable and in line with regulations and

operating principles.



0102

03

0405

BlockchainResearch and Analysis

POC Buildingin our InnovationLab (8 concepts)

We partner with leading Blockchain Start-ups

We participate in Leading Open Source initiatives

Capgemini Blockchain evaluation framework + white papersResearch on Smart Contracts (Publication October 2016)

Capgemini Applied Innovation Exchange ( AIE) offers a unique setting for POC elaboration

Capgemini collaborates with the leading Blockchain startups (Symbiont, BigChainDB, Eris…)

Capgemini is expanding its team of Blockchain expertsCapgemini Participates in

leading open source development for Blockchain (Hyperledger, Blockstack)

Our Team of BlockchainExperts are available to work with your team

Capgemini and Blockchain - Summary



Contact information

NickMeyneEnterprise ArchitectBlockchain for Public [email protected]://www.linkedin.com/in/nick-meyne-90010a2

See me in the Pentagon Area for more on:

• Demos• Blockchain technology in more detail• Capgemini Accelerators

BartCantGlobal Community Leader Bitcoin, Blockchain and Distributed Ledgers for Capgemini Financial [email protected]://www.linkedin.com/in/bartcant

mailto:[email protected]

https://www.linkedin.com/in/nick-meyne-90010a2

https://www.linkedin.com/in/nick-meyne-90010a2

mailto:[email protected]

https://www.linkedin.com/in/bartcant

Blockchain: Real World Use Cases

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