Interconnect_Blockchain One Year On

© 2016 IBM Corporation
IBM Blockchain
Blockchain: One Year On
March 2017
Kathryn Harrison
South Pacific F | Session ID: 1519A

IBM Blockchain
© 2016 IBM Corporation2
Since 2015, Blockchain efforts and initiatives have exploded
Public Blockchain Enterprise Blockchain

IBM Blockchain
Key blockchain events from the past year
Hyperledger
announced
with 17
members
Fabric becomes
the first project
in Hyperledger
to move out of
incubation and
into production
R3’s Corda
platform is open-
sourced
Ethereum DAO
is breached
through known
Solidity loophole
Jerry Cuomo
testifies to
Congress on the
potential of
blockchain
Overstock
begins trading
stock on a
blockchain
IBM Global
Financing
begins dispute
resolution via
Fabric
December March2016 June August November December 2017 March

IBM Blockchain
Pervasive problem in today’s business networks…
Port’s
records
Bank’s
records
Airline’s
records
Ocean
Carrier’s
records
Authority's
records
Airport’s
records
…inefficient, vulnerable, expensive, lack of transparency

IBM Blockchain
Blockchain offers the solution …
Shared, replicated, permissioned
Port’s
records
Bank’s
record
s
Airline’s
records
Ocean
Carrier’s
records
Authority's
records
Airport’s
records
…consensus, provenance, immutability, trust in a single source of truth

IBM Blockchain
Blockchain benefits enable new business models
Saves
time
Removes
cost
Reduces
risk
Increases
trust
Transaction time
from days to near
instantaneous
Overheads and
cost intermediaries
Tampering, fraud
& cyber crime
Through shared processes
and recordkeeping

IBM Blockchain
© 2016 IBM Corporation7 7
Financial Public Sector Retail Insurance Manufacturing
Trade Finance
Cross currency
payments
Mortgages
Asset Registration
Citizen Identity
Medical records
Medicine supply
chain
Supply chain
Loyalty programs
Information sharing
(supplier – retailer)
Claims processing
Risk provenance
Asset usage history
Claims file
Supply chain
Product parts
Maintenance tracking
Potential use casesFurther examples by (selected) industry

IBM Blockchain
Patterns for customer adoption
COMPLIANCE
LEDGER
CONSORTIUM
SHARED LEDGER
ASSET
EXCHANGE
HIGH VALUE
MARKET
• Created by a small set of participants
• Share key reference data
• Consolidated, consistent real-time view
• Sharing of assets (voting, dividend notification)
• Assets are information, not financial
• Provenance & finality are key
• Transfer of high value financial assets
• Between many participants in a market
• Regulatory timeframes
• Real-time view of compliance, audit & risk data
• Provenance, immutability & finality are key
• Transparent access to auditor & regulator

IBM Blockchain
Is your blockchain platform ready for the enterprise now? Five Must Haves
Open
Governance
 Organization structure- developed and managed by multi-stakeholder community
 Technical management of projects allows for best ideas and code to
Confidentiality
 Permissioned membership and access should differentiate how members
participate and transact in the business network
 Only related parties should see specific transactions
Modularity
 Capable of accommodating diverse regulatory and industry standards
 Technical features including consensus, database, and cryptography must be
pluggable to suit specific enterprise needs
Developer Tools
 Model your business network with assets, participants and transactions
 Register and govern members in the business network
 Integrate non- blockchain applications and generate skeleton apps
Security &
Performance
 Dedicated compute, high security modules, FIPS 140-2 Security level certified,
protection from admin, trusted stack
 High speed network, high transaction throughput

IBM Blockchain
IBM Blockchain Platform
Built on Hyperledger Fabric v1.0
Fabric Composer
IBM Blockchain as a Service
Blockchain Ecosystem

IBM Blockchain
IBM Solutions
11
Infrastructure, developer tools, reusable assets and network
services to enable the creation and management of Blockchain
business networks
With the community to ensure the best possible foundation
for Blockchain
Solutions to transform business processes and industries
by creating and operating Blockchain business Networks
with enterprise participants
Hyperledger Fabric
IBM Operated
Business Network
e.g. – Supply Chain
Provide
Invest
Provide
Ecosystem
Operated
Networks
Custom
Enterprise
Solutions
IBM Blockchain Platform
IBM owned
Networks
e.g. - IGF
Reusable Solution Assets | Network Consensus Services
High Security | Developer Runtime Services on IBM Cloud
Identity & Wallet Services
IBM Blockchain: open, trusted and building business networks

IBM Blockchain
Open governance delivered by Linux Foundation with 120+ Hyperledger members
Associate
Updated Jan 2017
Premier
General
Open Governance

IBM Blockchain
Confidentiality is built into Hyperledger Fabric v1.0
Permissioned membership
Operate a trusted blockchain network with
known participants and regulatory oversight
Channels
Enable multi-party transactions with the
privacy and confidentiality needed for
regulated industries
Partitioned execution
Optimize network performance by
separating chaincode execution and
transaction ordering
Confidentiality
Confidentiality
FX Netting
Trade Finance
Low Liquidity
Security Trading
and Settlement
Private Equity
Record Keeping

IBM Blockchain
Modularity drives production blockchain for cross industry business networks
Network tools
IBM provides tools for monitoring, logging,
and for compliance reasons backup/restore
Transaction history
Searchable transaction history for efficient
auditing and dispute resolution
Modularity
Select preferences for number of peers,
consensus, identity management, and
encryption to dynamically grow a business
network
Production Workloads
Modularity
Provenance
Luxury Good
Authentication
Trade Logistics
Channel Financing

IBM Blockchain
Hyperledger Community Growth
 +260% growth over 11 months
– 13 premier, 120+ members. 600
developers interacting on slack
– 1800+ Github stars with increasing
contributions from multiple member and
non-member companies
Major Fabric Releases
 Interconnect Release 1.0
 Version 0.5 Release – June
 Version 0.6 Release – September
Runtime Services Introduced
 4000 instances on Bluemix Developer
Starter Network
 65 members on High Security Network
Proof of Concept with Stability
 Stable set of features for POCs and pilots
across multiple domains (100+ first
projects)
– Finance, identity/verification, supply chain, asset
management, IOT, energy
Production Network
 4 Full Production Networks
– IGF reduces dispute resolution by 75%
(250,000 blocks in ledger,)
– Everledger manages to reduce wine fraud
– Pring An
– Northern Turst
V1.0 Connect-a-Thon
 December Connect-A-Thon with 11
companies in Australia, Hungary, UK,
US East Coast, US West Coast, Canada
Hyperledger Fabric Highlights

IBM Blockchain
IBM helps developers build blockchain apps faster with Fabric Composer
Model your business
network
Generate APIs for your
business network
Integrate non-
blockchain
applications
 Model assets,
participants,
transactions
 Set access controls for
specific participants
 Business network
definition generates
specific APIs
 Leverage REST/
loopback APIs to
integrate external
systems
Tools, APIs and libraries to support these activities
Open source, open governance community
http://fabric-composer.org/
Business Solutions
Fabric Composer
Hyperledger Fabric
© 2017 IBM Corporation 7
Extensive, Familiar, Open Development Toolset
CLI utilities
Data modelling JavaScript
business logic
Web playground
Editor support Integration
$ composer
Client libraries
composer-client
composer-admin
Code generation
Developer Tools

IBM Blockchain
Benefits of Fabric Composer
Increases
understanding
Saves
time
Reduces
risk
Increases
flexibility
Bridges simply from
business concepts to
blockchain
Develop blockchain
applications more
quickly and cheaply
Well tested, efficient
design conforms to
best practice
Higher level
abstraction makes it
easier to iterate
Developer Tools

IBM Blockchain
Simple Application Development Lifecycle
1. Install Fabric Composer Tools
2. Define Business Network, Assets and Transactions
3. Implement any transaction processors
4. Test business network within Composer Playground
5. Deploy business network to live Hyperledger fabric
6. Generate sample application for this network
7. Test sample application (REST, node.js, …)
• Strong basis to start your application experience
Developer Tools

IBM Blockchain
Future – Smart Contracts for Business
 A rule-based natural language that non-technical users can read and author
 A platform to collaborate, validate, deploy and govern Smart Contracts
Learn more: NCI-2047 Smart Contracts for Business People - Sun 2:30pm – Level 2 Reef E / Mon 3:15pm Level 2 Oceanside A IC Lounge MT2
Business Application +
Business Smart Contracts
Fabric Composer
Hyperledger Fabric
Smart Contract
Management Platform
Validating
Node B
Validating Node C
Validating
Node A
Validating
Node D
Validating
Node E
Chaincode
Fabric Composer Runtime
JavaScript
Rule Engine
Data
Objects
Ruleset
Transaction
Callbacks
deploy
invoke
Validating
Node D
Developer Tools

IBM Blockchain
2017 Vision for IBM Blockchain—aaS
Total Value Proposition
Time To Value Productivity
Tailored, Productive toolchain for App
Dev and Test
Quickstart solution development with
pre-built extensible Frameworks
Simplest, most Intuitive Smart
Contract authoring experience
Time To Value Integrate
Network scales and grows as your
consortium grows
Built-in workflow tools to make multi-
party consortium tasks easy
Quickly integrate with Systems of
Record
Develop Govern Operate
TCO Cognitive Security
Top to bottom integrated stack with
high security features for even the
most sensitive workloads
Help, technical support, and fabric
version management included
Cognitive capabilities pre-integrated

IBM Blockchain
IBM Launched the IBM Blockchain Ecosystem on December 7, 2016
Now 120+ Strong
Providing multi-cloud application
management via Cloudsoft’s Hyperledger
Fabric (HLF) Service
Reinventing how loyalty is created and
rewarded using blockchain and smart
contract technology
Applies blockchain technology in
cybersecurity for the Internet of Thing
(IoT)
Venture studio collaborating with a number
of Blockchain startups leveraging
Hyperledger
Global Consulting Firm collaborating with
IBM on critical use cases for their clients
Financial Integration Solution provider
specializing in Hyperledger Fabric

IBM Blockchain
IBM Blockchain Ecosystem builds a robust community for developers
Business
Users/
Partners
Developers
ISV:
Startups
ISV:
Commercial
System
Integrators Enterprise
Developers
University/
Academic
What the ecosystem offers developers
 Hyperledger Project Engagement
 Blockchain Education
 Digital Blockchain Community forums and
resources
 Technical resources in the IBM Bluemix
Garage for Blockchain
 First access to developer tools
 Exclusive access to blockchain thought
leadership
 Marketplace to monetize components and
solutions

IBM Blockchain
Blockchain Solution for IBM Global Financing
What?
• Improve the efficiency of our commercial financing business by
sharing data in a secure and transparent manner on Blockchain
How?
• Blockchain enables Comprehensive View of key operational data
Benefits
• Fewer disputes & faster settlement
• Reduction in dispute resolution time: 40+ days to under 10 days
• Improved capital efficiency; freer flow of capital
Orders
Partners Suppliers
Products and services
IGF
IGF world-wide statistics
4000+
Partners and
Suppliers
2.9M
Invoices / year
$44B
Financed / Year
$100M
Capital tied up
at any time
25,000
Disputes /
year
$31K
Avg. disputed
invoice value
44 days
Avg. time to
resolve a
dispute

IBM Blockchain
Blockchain is here, now. Get started today
1 Learn 2 Build 3 Connect
• Blockchain and Hyperledger
• Industry insights and use cases
• Self-paced education
• Hyperledger Fabric on DockerHub
• Fabric Composer
• IBM Bluemix Garage for Blockchain
• Hyperledger Community Chat
• IBM Blockchain Ecosystem Program
Visit ibm.com/blockchain for further information

IBM Blockchain
Further information
IBM Blockchain https://www.ibm.com/blockchain
The Hyperledger Project https://www.hyperledger.org/
Blockchain @ IBM Institute for Business Value (IBV) ibm.biz/blockchainseries
Industry use cases https://www.ibm.com/blockchain/business-use-cases.html
For developers: Self-paced course and quick-start guide https://developer.ibm.com/blockchain/
1 LEARN
2 BUILD
IBM Blockchain on Bluemix https://console.ng.bluemix.net/catalog/services/blockchain
Hyperledger Fabric on DockerHub (IBM-certified image) https://hub.docker.com/u/ibmblockchain/
3 CONNECT
IBM Blockchain Ecosystem https://www.ibm.com/blockchain/ecosystem.html
Hyperledger Chat https://chat.hyperledger.org/

IBM Blockchain
Notices and disclaimers

IBM Blockchain
Notices and disclaimers continued

Interconnect_Blockchain One Year On

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