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DECENT Quantum Proof Blockchain

Learn about the advent of quantum proof blockchain and DLT.

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DECENT Quantum Proof Blockchain

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  1. Quantum Proof Blockchain Introduction www.decent.ch

  2. What is Blockchain. • Decentralized, distributed ledger that records the provenance of a digital asset • Name comes from its structure, in which individual records, called blocks, are linked together in a single list, called a chain • Immutable (once data is written in the blockchain it cannot be changed afterwards) • Decentralization of trust, no single point of failure

  3. Why Blockchain. • Costs saving (seamless automated system, low maintenance costs) • Increase of revenue (in retail, customers pay 2% - 10% more from companies that provide greater supply chain transparency) (Source: HBR 2019 LINK) • End-to-end traceability (tree-to-bar for chocolate)

  4. Blockchain Market Overview. Source: Deloitte’s 2020 GLOBAL BLOCKCHAIN SURVEY LINK

  5. Blockchain Market Overview. Blockchain as a service (BaaS) based on SaaS models, are solutions that allow businesses to implement and deploy cloud-based apps hosted by and using a blockchain. The global BaaS market (valued at $420.5billion USD in 2019) is expected to reach $982 billion by 2025, at a rate of CAGR 15.2%. Source: Busineswire, May 2020: LINK • Sample industries expected to massively gain from BaaS deployment: • BFSI – Providing global payments with trust, speed and security • Critical Infrastructure – Security management with public ledgers allowing verification of data • Supply Chains – Growth of trust between supplier and buyers • Pharma – Smarter, faster innovations with management of medical data, as well as logistical integrity List of 58 identified verticals from CBINSIGHTS. Source: CBINSIGHTS, April 2020 LINK

  6. Quantum Computer. • Very powerful compared to standard computers (orders of magnitude) • Paradigm shift • Qubits instead of bits • Road from 70 to 1’000’000 qubits

  7. Quantum Computer. • The Manhattan Project

  8. PostQuantum Age. • The Age of Crypto-Agile Enterprise Solutions • Hybrid crypto (Current + Quantum safe) • NOW 2021 2025? 2030? 2040…? Source: DECENT, ISARA 2020 (LINK)

  9. Quantum Attacks. Source: OptimisingIT 2019 (LINK) Quantum-proof Blockchain: The Fintech Disruptor

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