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Blockchain in Business: Technology Overview and Current Projects.
CeBIT Blockchain Summit - Hanover, 21st of March 2017
Frank Bolten bolten-consulting.com
About me
Brief CV • 25 years senior management in CE/IT/telco biz
• Companies: Sony, Deutsche Telekom, Sharp
• Since 2011 focus on the digital transition
• Experienced in the implementation of digital technologies and applications e.g.:
• e-Commerce since 1998
• Renewable energies since 2004
• Internet of Things since 2011
• Digital Education since 2014
• Blockchain since 2016
www.bolten-consulting.com page 02
A Blockchain is a decentralized data
structure that allows participants to
transact directly with each other and
stores the state and history of participants’
transactions
Proof-of-work on a blockchain
Illustration by Matthäus Wander (Wikimedia) Source: DutchCoin on YouTube
Hundreds of different digital currencies
Status as of 16th of Mar 2017 12.15 hrs: 666 Currencies, Market Cap26.412.156.545 / BTC Dominance: 75.8%
Ethereum Blockchain App Platform
Vitalik Buterin Ethereum Inventor
“If Bitcoin is money over the internet, Ethereum is like relationships over the internet.”
https://www.youtube.com/watch?v=x7Y4Qq8qPR8
Primavera De Filippi National Center of Scientific Research (CNRS) in Paris
“The term smart contract can be so confusing. Really it is just a self-executing
piece of code on a distributed ledger.”
Smart Contracts Neither smart nor contracts
Picture: BlockchainNews
http://www.economist.com/news/leaders/21677198-technology-behind-bitcoin-could-transform-how-economy-works-trust-machine
Peer-2-Peer transparent encrypted private uncensorable immutable
BLOCKCHAIN CHARACTERISTICS
Key benefits blockchain technology
increased transparency improved risk diversification automated regulatory oversight
less systemic risk internal record keeping documentation processing multiparty process compatibility M2M and AI on the internet (IoT)
more automation
cryptographically secured/validated accountability and provenance ownership tracking
more security increased efficiency decreased costs faster processing
disintermediation
Remember „ATOMIC“ and you know what blockchain offers*
Programmable ASSETS
Programmable TRUST
Programmable OWNERSHIP Programmable MONEY
Programmable IDENTITY
Programmable CONTRACTS
* based on „The Business Blockchain“ by W. Mougayar
Florian Glatz, Blockchain.Lawyer
hacking.law Legal Tech Conference Berlin, February 2017
“Blockchains convert data into facts.”
Blockchain (almost) in use
Key words Categories Authenticity eCommerce Energy Enterprise … SCM Security Social media Storage ...
Public Enterprise Info Concept Live Consortium Digital Asset
http://bolten-consulting.com/blockchain/?lang=en
Blockchain related projects Status as of 16th March, 2017
http://bolten-consulting.com/blockchain/?lang=en
Blockchain use case segments*
Segment no. of projects Finance 64 Enterprise 32 Government 23 Supply Chain Mgt 23 Internet of Things 20 Security 13 Energy 13 Storage 11
* As of March 2017, 232 projects in total, multiple tagging possible
your contact
contact
Frank Bolten
bolten-consulting.com
phones
Mobile +49 151 21264014
eMail [email protected]
online
Linkedin/com/in/frankbolten
Twitter/BoFrank01