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Webinar – Episode 2 of Series on “Enterprise Blockchain Adoption” Design A Block

Zeeve's Co-Founder and CTO - Ghan Vashistha conducted an insightful second webinar on "Design a Blockchain Solution" as part of the GBA Session on "Enterprise Adoption" featuring 7 insightful and highly informative episodes highlighting the relevant dimensions involved with the blockchain adoption by enterprises. This episode is an attempt to provide helpful answers to some of the most common questions about core components of building blocks for blockchain solutions and then examining some additional capabilities that should be considered when designing the solutions.

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Webinar – Episode 2 of Series on “Enterprise Blockchain Adoption” Design A Block

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Presentation Transcript

  1. Design an Enterprise Blockchain Solution Ghan Vashishtha

  2. How wedo Blockchain is not a Solution to Everything! COMPLICATED = COMPLEX Traceability Blockchain is Complicated, Blockchain is Complex

  3. Pick a Type PUBLIC PRIVATE HYBRID 5

  4. Pick a Chain Hyperledger, R3, Private Subnet? 5

  5. Blockchain Decision Tree Do you need to preserve data records exactly as written no revision? Yes Yes Yes Do you need a shared, consistent data store? Does more than one entity need to contribute data? No No Cavet: Auditing use cases Blockchains do not allow modifications of historical data; they are strongly auditable. Your data comes from a single entity. Blockchains are typically used when data comes from multiple identities. Blockchains provide a historically consistent data store. If you don’t need that, you don’t need blockchain. 5 Yes Yes Are entities with write access struggling to decide who should control the data store ? Do you want a tamper- proof log of all writes to the data store You may have a useful blockchain use case. No No If you don’t need to audit what happened and when it happened, you don’t need a blockchain If there are no trust or control issues over who runs the database solutions should suffice

  6. On-chain v/s off-chain and Batching

  7. Integrations that matter? Enterprise authentication, authorization, and Enterprise authentication, authorization, and accounting requirements accounting requirements

  8. Integration with the incumbent systems of record (CRM, BI, Reporting etc.) 5

  9. Design with the intent to include Blockchain Appropriate Decentralization?

  10. API’s SDKs & ways to build!

  11. Monitoring is an important capability for addressing regulations and ensuring high availability, capacity planning, pattern recognition & fault identification 5

  12. Finance Retail Manufacturing Supplychain Application Logistics Healthcare CA Rest API Client Tools Implementation SDK SaaS Policy ACL Software Code Rules Transactions Contract Smart Identity Mgmt Virtual Machine Digital Tokens API Containerization Crypto Messaging Adapters IOT Cloud Services AI Plugin Integration Keys System Integration Inter – Contract Messaging Encryption Signature Distributed Ledger Node4 Ledger D Node2 Ledger B Node3 Ledger C Node1 Ledger A TXN TXN TXN TXN TXN TXN TXN Block6 Block5 Block1 Block3 Block4 Block2 Block5 Role based Peers Consensus Protocol Ledger Condults

  13. The Blockchain Network Challenge is Business – Not Tech Scale of key enterprise challenges when adopting blockchain networks Technology Business Technology challenges are only 10% of the blockchain network building problem, 90% of the challenges for companies will come in building and managing the business model for the network Stakeholder experience Co-operation among traditional competitors Business outcomes and ROI Monetization and revenue sharing models Business continuity risk Governance Change management Business model revamp Audit and compliance Building trust Data security and privacy Interoperability Technology risk Production readiness System integration Quality Assurance Expansion of network participants (network effect) Consortia build and management Software framework and Platform IP

  14. A 4-step approach to mitigating these business challenges Key business challenges Creating cohesion among competitors in a collaborative environment to ensure consensus and firness Governance, monetization & optimization of ROI will be key to encouraging broader adoption Network Lock-in-risk may deter participants from fully committing to the network. Addressing these concerns through standardization will be key to creating viable networks Managing change brought on by blockchain adoption will be complicated by discord with existing processes and limited understanding of technology among talent/users Business continuity will be a key talking point in the aftermath of COVID-19, as enterprises ensure that committing to a network does not increase the risk of operations disruption Crystalize foundational approaches and identify key stakeholders Build minimum viable ecosystem to demonstrate potential Define a governance structure and incentive model for network scaling Grow the ecosystem across industries by activating network effects

  15. Want to Design A Blockchain Solution For Your Enterprise? Talk to Zeeve Experts today to increase ROI and achieve faster time to market for all your Blockchain solutions

  16. Address Zeeve Deeptech Pvt Ltd 1283, ATS Greens, Sector-93A Noida, India 201304 Zeeve Technologies Ltd. 2001, Regal Tower, Business Bay, Dubai, UAE Zeeve Inc. 395 Santa Monica Place, Unit 308, Santa Monica, California - 90405 USA Dubai India Contact Email: success@zeeve.io http://www.zeeve.io

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