Although not yet very visible, Blockchain technology is an increasingly important presence in the current economic environment, predicting a major future impact. The "Blockchain - Silent Revolution" debate aims to familiarize participants with the basic concepts of these technologies and its current development directions.
Powering Real-Time Decisions with Continuous Data Streams
Blockchain. The silent revolution.
1. Co-Founder & Chairman of the Board Aurachain
Speaker: Cornel Vintila
BLOCKCHAIN
The silent revolution?
2. CORNEL VINTILA
Co-Founder & Chairman of the Board Aurachain
Built 400 person enterprise technology company with successful exit
30 years of business building with global brands such as Microsof t, Fujitsu Siemens
Largest Oracle par tner in South Eastern Europe
Enterprise Architect exper tise gained from relevant projects in telecom, sof tware
industr y, GIS, industrial engineering including IOT and business process management.
2
B l o c k c h a i n - T h e s i l e n t r e v o l u t i o n ?
3. TECHNOLOGY STACK
BUSINESS MODEL TRENDS
WHY NOW ?
PRESENTATION
OVERVIEW
A lt h o ug h n o t yet ve ry v is ib le,
B lo c kc h a in t e c h n o logy is a n
in c re as ing ly imp or t a nt presen ce i n
the c u rre n t e c o n o m ic e n v ir o n me n t,
pred ict ing a m a jo r f u t ure im p a ct .
T he " B lo c k c h a in - S ile n t
Re v o lu t io n " deb ate a ims t o
fa m ilia r ize p a rt ic ip a nt s w it h t he
bas ic c o n cep ts of t hese
tec h n o lo g ies a nd it s c u rre n t
development directio ns .
B l o c k c h a i n - T h e s i l e n t r e v o l u t i o n ?
5. E t h i c
A r t i f i c i a l
I n t e l l i g e n c e
EVOLUTION
H u m a n I n t e l l i g e n c e
E n a b l e m e n t
QUANTUM COMPUTING
H o s t i n g I n b l o c k c h a i n
EFFECT
M a k i n g O r g a n i c B u s i n e s s P l a t f o r m
P o s s i b l e
BLOCKCHAIN
P o w e r e d b y
6. ENVIRONMENT
Why is it the best environment for hosting
Ethical Artificial Intelligence ?
a consensus of replicated, shared, and
synchronized digital data geographically
spread across multiple sites, countries,
or institutions
D E C E N T R A L I Z E D
D I S T R I B U T E D L E D G E R
7. Va l i d a t i o n b y c o n s e n s u s
I r r e f u t a b l e
through its transparency and immutability qualities
G e n e r a t o r o f t r u s t
S c a l a b l e f o r o r g a n i c g r o w i n g
maintain or even increase its level of
performance or efficiency
delivers a single point of truth
by a public or private community
8. SMART
CONTRACTS
r u n n i n g o n t o p o f a b l o c k c h a i n , a b l e
t o e x e c u t e a u t o m a t i c a l l y a c t i o n s i n
p r e d e f i n e d c o n d i t i o n s .
F a c i l i t a t e s , v e r i f i e s , a n d e n f o r c e s ,
b y p a y i n g t h e r e w a r d s , t h e
n e g o t i a t i o n o r p e r f o r m a n c e o f a n
a g r e e m e n t o r t r a n s a c t i o n .
Self-executable
source code
B l o c k c h a i n - T h e s i l e n t r e v o l u t i o n ?
9. S e l f - v e r i f y i n g
S e l f - e x e c u t i n g
T a m p e r r e s i s t a n t
T u r n l e g a l o b l i g a t i o n s i n t o
a u t o m a t e d p r o c e s s e s
G u a r a n t e e a g r e a t e r d e g r e e o n s e c u r i t y
R e d u c e r e l i a n c e o n t r u s t e d
i n t e r m e d i a r i e s
L o w e r t r a n s a c t i o n c o s t s
B l o c k c h a i n - T h e s i l e n t r e v o l u t i o n ?
10. BUSINESS
MODEL TRENDS
Tr ad it ional Value Chain
W h a t d o w e h a v e?
Supplier Production Distribution Marketing Consumer
V a l u e c r e a t i o n i s l i n e a r & o n e - w a y
N o t s c a l a b l e
A l l o w s o n l y B 2 B p e e r s
W her e d o we go?
Mu lt i -sid ed p lat f or m b usiness
P l a t f o r m O w n e r
C u s t o m e r s
S e l l e r s
& M a n y o t h e r r o l e s
a n d p a r t i c i p a n t s V a l u e c r e a t i o n i s c o n t i n u o u s
V a l u e i s d i s t r i b u t e d t h r o u g h p r o x i m i t y ,
i n t e r e s t , c o m m u n i t i e s
E c o s y s t e m g o v e r n e d b y S m a r t C o n t r a c t s
M u l t i p l e r o l e s p a r t i c i p a n t s
P l a t f o r m T e c h S t a c k
11. WHY NOW?
Tec hnology s t ac k cr eat es t he p ossib ilit y of a
new hum an -m ac hine int er act ion by p r oviding a
new human t ool se t .
N e w q u a n t u m h a r d w a r e a n d c l o u d - p l a t f o r m s a r e
b e c o m i n g a c c e s s i b l e n o w b e y o n d t h e l a b o r a t o r y o r
h i g h - c o s t i n f r a s t r u c t u r e
12. MULTI-SIDED
BUSINESS PLATFORM
D e v e l o p A I f o r S m a r t C o n t r a c t B R M S
g r o w t h
T h e b u s i n e s s r u l e m a n a g e m e n t s y s t e m
c a n e v o l v e i n b l o c k c h a i n w i t h t h e u s e
o f t e c h s t a c k .
An organically and automated growth system for the business
rules repository, through the use of AI, enables a automatically
preserved positive ethics engine for the business ecosystem.
Enables a more complex set of interconnected smart contracts,
ruling the conditions, giving rights against constraints to any
business participant.
any future smart contract must be checked and accepted or
rejected by the ecosystem itself, adding only more positive ethics
and rejecting all malicious tentative to corrupt the set of rules.
Tr a n s f o r m i n g a m u l t i s i d e d b u s i n e s s
p l a t f o r m i n a n e t h i c a l p l a t f o r m b u s i n e s s
HUMAN INTELLIGENCE
Design
Business Rules
REPOSITORY
BUSINESS RULES
KERNEL
AI
Filter
POSITIVE
ETHICS
NEGATIVE ETHICS
Reject RULE
Generates New Rules
Platform Tech Stack
Owner Customers Sellers
& Many other participants
14. Aurachain Trading Engine
User Portal
Database
Blockchain
Onboarding ▪ AML ▪ KYC ▪ Buyer Qualification
Commodities Audit ▪ Buy/ Sell Order ▪ Dashboards
▪ Identity
▪ Commodity
▪ Stock
▪ Price
▪ Order
▪ Contract
Smart Contract Repository
Smart Contract Orchestrator
Off-chain process automation
Order matching based on smart
contract criteria
Off-chain data
Payment
▪ FIAT
▪ Crypto
Notification
▪ SMS
▪ Email
Pricing
▪ Opening Price
▪ Price Variation
B u s i n e s s E c o s y s t e m - S t o c k e x c h a n g e t r a d i n g p l a t f o r m