© 2016 IBM Corporation
Making Blockchain Real for Business
How we can help you
Esra [email protected] IOT Lead for AP Systems
Businesses must carefully evaluate where blockchains provide the greatest gains
§ Limited value within the boundaries of one organization
§ Ecosystem participants have to agree on a standard
§ Risk of overregulation without coordinated control
§ May require large scale re-engineering
Blockchain considerations
Blockchain – not for all …
NEGATIVE Indicators1. Need high performance (millisecond) transactions 2. Small organization (no business network)3. Looking for a database replacement4. Looking for a messaging5. Looking for transaction processing replacement
§ Transfer of high-value financial assets§ Many participants in one market§ Regulatory timeframes
§ Sharing of assets (voting, dividend notification)§ Assets are information, not financial§ Provenance, immutability and finality are key
§ Created by a small set of participants§ Share key reference data§ Consolidated, consistent real-time view
§ Real-time view of compliance, audit and risk data§ Provenance, immutability and finality are key§ Transparent access to auditor and regulator
High-Value Market
Asset Exchange
Consortium Shared Ledger
Compliance Ledger
Adoption patterns are emerging: an example from simple compliance ledgers to high-value markets
Source: IBM Institute for Business Value analysis
1How fast should I move?
2Can we achieve network-wide standards?
3How can I scale with new revenue models?
©2016 IBM Corporation 2 November 20165
We recommend businesses answer three questions to best extract value from blockchains
First movers and early adopters can position themselves for quicker returns
Dare to be first to market1§ Identify the most compelling use cases by considering which frictions are holding
you back
§ Experiment in discrete areas where the attributes of blockchains drive rapid impact
§ Use design thinking to simplify the user experience and create agile proofs of concept to drive rapid adoption
Collaborate broadly to achieve globally accepted standards
Success in blockchain adoption will depend onwho can build the strongest network
2§ Blockchain innovation can permeate even faster than the internet did generating a potential advantage
for first movers
§ Explore the role of alliances and consortia and how profit pools might be redistributed, then decide on your network role
§ Consider the blockchain as the new business environment and collaboration as the optimal way of working, then consider with whom you should partner to create the optimal business network
Understand how blockchains can help your business profit and scale quickly
Scale with clear revenue models3§ As business models are disrupted by blockchains, think through how you can make money in
new ways, like from consumption-based pricing, licensing and micro-charges and payments
§ Explore how new blockchain-based services and apps can replace or complement and scale existing revenue models
§ Understand how blockchains will extract further value from other technologies, such as big data analytics, the Internet of Things and cognitive computing
Blockchain for Business – Our Point of View
Community + CodeLinux Hyperledger Project
Open Source Code: Blockchain for business;Consensus | ProvenanceImmutability | FinalityOpen Governance – 40 member cross industry board
CloudIBM Blockchain
Blockchain managed service on IBM Cloud and z Systems;Identity | Consensus | System Integration | Hardware-assist for Performance & SecurityIBM Blockchain on Bluemix
ClientsBlockchain SolutionsBlockchain Garage
Making Blockchain real for businessBlockchain Garage; New York | London | Singapore | TokyoBlockchain Services Practice
Enable adoption of shared ledger technology at a pace and depth not achievable by any one
company or industry
QUICK FACTS
Chairman: Blythe Masters/DAH
Executive Director: Brian Behlendorf
Tech Committee: Chris Ferris/IBM
Contribution: 44,000 lines of code in February 2016
Accept:2Q IBM Open Code accepted into incubation
Sprint to one codebase with unified thinking:
Target 3Q release
www.Hyperledger.org
Linux Foundation’s Hyperledger Project
§ Linux Foundation project announced December 17, 2015 with 17 founders, now 40 members
§ The Hyperledger Project is a collaborative effort to advance Blockchain technology by identifying and addressing important features for a cross-industry open standard for distributed ledgers that can transform the way business transactions are conducted globally
§ Open source and open standards-based
URL
12Page© 2016 IBM Corporation As of 13 June 2016
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IBM Blockchain on Bluemix
• Value:• Developers can stand up a
blockchain test network in under 2 minutes and quickly build & test an application on it. There are two plans — multitenant starter environment and high-security business environment.
• One IBM Blockchain Offering with two service plans
• Same IBM Cloud & Bluemix user experience
• IBM offers unique security and compliance differentiation for blockchain via high security plan
Starter Plan
High Security Plan
Client Acquires IBM Blockchain Service through Bluemix X X
Network Connections through Softlayer X X
Cloud Provisioning & Self Service Enablement X X
Service Management and Billing through Bluemix X X
Customer Support through Bluemix X X
Secure Service Container X
Highest levels of isolation in industry X
Compliance for highly regulated industries (tamper proof keys in HSM) X *
Accelerated performance X
* for GA
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Sample apps and tutorials for Blockchain
§ Sample applications and tutorials for IBM® Blockchain demonstrate how fundamental applications and chaincodes function in a blockchainnetwork. To learn more about the fabric code that is underpinning your blockchain network, visit the Docs section of the Linux Foundation's Hyperledger Project.
§ You can immediately deploy the Marbles, Commercial Paper or Car Lease demos to see chaincodeapplications in action. Keep reading to explore the Hello Chaincodetutorial.
URL
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High Security Infrastructure for Blockchain
§ IBM LinuxONE: A highly secure infrastructure for blockchain networks§ Benefits and features include:
– Hardware cryptographic accelerators– Tamper-proof cards for key management– Application environment isolation via Secure Service Containers, protects data and
applications even from system administrators– World’s highest performance Linux-only system– Meets strictest requirements for Governments, Healthcare and Finance
§ IBM Blockchain LinuxONE network test environment available on Bluemix
Consensus Algorithm
Cryptographic Protocols(authentication, security, non-repudiation, restricted visibility, privacy/confidentiality,
….)
Smart Contracts
Shared Replicated Ledger
API Layer
App 1
App 2
App 3
. . . .
Business Rules Engine(embedded business rules execution engine)
Smart contract
stack
Blockchain DB
In Memory (7M tx, 100 TB -> 100MB) - z
Hashing – z
Integrate/Connect/Build on top of CICS/IMS/TPF/DB2/VSAM - zReal Time Blockchain - z
Elliptical Curve Digital Signatures - z
“-z” Existing z hardware acceleration
Blockchain on z Systems & LinuxONETM
§ Enterprise Public Key Crypto Standard 11 (PKCS 11) Compliant§ Federal Information Processing Standard (FIPS) 140-2 Compliant§ Optimized communication between blockchain/z peers§ Optimized communication between blockchain/z and z business applications
Smart Contracts
Shared Ledger
Up to 30x improvement with Linux on z Systems technology
Up to 10x improvement with Linux on z Systems technology
Infrastructure matters more than ever with Blockchain: Sustained performance
Protocol REST
Programming Language
Database
Container
Linux
Virtualization
IBM z Systems
GOLang 1.6rc2 linux/s390x
RocksDB 5.4.0Docker 1.8.0.3Suse SLES12 SP1Packages: gflags 2.0 (from tar file), snappy 1.1.1 (from tar file), zlib-devel(from distrib), libz1 (from distrib), libbz2-devel (from distrib)
z/VM 6.3, Dirmaint, RACF4x IFL(SMT2), 8GB4x CPACF for Crypto
LAB Environment
Yellow Network
(OpenVPN)
Open Block Chain
Hyperledger Stack on LinuxONE
Bluemix Blockchain Garages
URL
URL
URL
URL
1. Discuss Blockchaintechnology
2. Explore customer business model
3. Show BlockchainApplication 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
Let’s Talk
BlockchainHands-on
First Project
Scale
Engagement model overview
© 2016 IBM Corporation
Thank you!
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