1) Blockchain adoption is emerging in seven patterns including a decline in proofs-of-concept as the focus shifts to scale and standards, and the emergence of industry consortia.
2) IBM is developing blockchain solutions for trade finance, food supply chains, payments, and identity using Hyperledger and other technologies.
3) Self-sovereign identity allows individuals to control access to their own identity data through decentralized identifiers and verifiable credentials.
Breaking the Kubernetes Kill Chain: Host Path Mount
Recent Developments in Blockchain and What's Coming
1. What’s New
Recent developments in blockchain and what’s coming
9 August 2019
Blockchain Explained Series
Blockchain Explained
IBM Blockchain Platform Explained
Solutions Explained
Labs Explained
What’s New
IBM Blockchain Usage Patterns
2. 3
Blockchain builds on basic business concepts
• Business Networks connect businesses
• Participants with Identity
• Assets flow over business networks
• Transactions describe asset exchange
• Contracts underpin transactions
• The ledger is a log of transactions
Blockchain provides an
immutable, shared, replicated ledger
3. US$ 23
billion
US$ 176
billion
66%10%
of global GDP will be
stored on
blockchains or
blockchain related
technology by 2025
Source: World Economic Forum
business value
added by blockchain
by 2025, then
surging to exceed
$3.1 trillion by 2030
Source: Gartner
of banks expect to
have commercial
blockchain
applications by 2020
Source: IBM Source: MarketsandMarkets
estimated size of
the blockchain
technology market
by 2021
4. Topics CommunitiesTechnologies
• Bitcoin
• Ethereum
• Hyperledger
• CORDA
• Ripple
• BigChainDB
• Quorum
• Stellar
• +++
Blockchain in 2019
• Shared Ledger & smart contracts
• Public, private
• Permissioned, permission-less
• Tokens and incentive mechanisms
• Identity and Zero Knowledge
• Consensus mechanisms
• On-chain, off-chain
• Systems integration
• Inter-ledgering
• Physical-digital with IOT
• Bitcoin
• Ethereum
• Linux Foundation / Hyperledger
• EEA
• ISO/TC 307 – Blockchain & DLT
• IEEE Blockchain
• W3C Blockchain Community
• Accord Project
• Sovrin
• DIF
5. 6
Blockchain adoption: seven emerging patterns
1. Decline of PoCs
The wave of PoCs conducted by BC innovators has plateaued; with many
new explorers looking to bypass this stage by learning from others.
2. Platform industrialisation
With growing comfort that the business
and technology concepts work, the focus
turns towards scale and resilience
3. Best practices
Use cases within industries
stabilising and repeating; giving
rise to best practices.
4. Centres of gravity
Maturity and condensation of
interest groups allows the
formation of common interest pools
6. Emergence of consortia
Supply chain partner and
competitors are pooling resources
to achieve scale and joint efficiency
5. Emerging standards and governance
The need to exchange data and processes
is leading to industry standards, legal
framework and regulatory guidance
7. Network of networks
Portability of data and and trust in maturing BC
networks allows for inter-network communications
Past
…declining…
Present
…transpiring…
Future
…forming…
1
2 3 4
5 6 7
7. 8
• Trade finance platform:
backed by a consortium of
major international banks
• Full function:
enables accurate trading
posture information, order to
settlement control, risk
coverage, track and trace
options
• Near-real time:
exchange of information
• Discovery:
Allows buyers to discover
trusted sellers and vice-versa
Re-imagining digital business processes
World Wire
• Connects the ecosystem:
brings together ports,
terminals, ocean carriers,
government authorities, etc
• Drives true information
sharing: real-time and
seamless actionable insight
• Fosters collaboration and
trust: automate cross-org
business processes
• Shared visibility and shared
state for shipments
• Manage quality risk:
enable rapid, low cost, food
recalls
• End to End transparency:
data sharing extends beyond
'one up, one down’!
• Trust and Audit:
ensure provenance with
easily trusted, auditable
records.
• Consumer confidence:
comprehensively
communicate with end
consumer
• 24x7 payments:
payment support regardless of
size, origination, destination or
asset type
• Higher visibility:
for streamlined transactions
with reduced disputes and
reconciliation needs
• Regulatory compliance:
enhanced through improved
transparency
• Secure network:
with interaction and eligibility
criteria & robust access
control
8. 9
More than $16 trillion
in goods are shipped
across international
borders each year
80% of the goods
consumers use daily
are carried by the
ocean shipping industry
By reducing barriers
within the international
supply chain, global
trade could increase
by nearly 15%,
boosting economies
and creating jobs2
In many cases the
administrative cost of
moving a container is
higher than the cost of
physically moving it
1) Maersk Strategy Group (May 19, 2016) based on World Bank data for World Trade Costs
2) The World Economic Forum: Enabling Trade Valuing Growth Opportunities 2013
The cost of global trade is estimated at $1.8 trillion annually1
with potential savings from more efficient processes of ~10%
9
: digitizing the global supply chain
9. 10
• We.trade is a blockchain-
based international trading
platform for a consortium of
major world banks
• Enables accurate trading
posture information, order to
settlement control, risk
coverage, track and trace
options
• Near-real time exchange of
information
• Allows buyers to discover
trusted sellers and vice-versa
10. 11
IBM Food Trust addresses key issues in the food ecosystem
Consumer demandSupply Chain Food wasteFood safety
1 out of 10 contract
foodborne illness
each year
One third of global
fresh food is thrown
away
80% of CPG
business is paper
based
Only 1 in 4
consumers trust
today’s food system
*Part of 2018 roadmap for delivery
Food Supply Chain
Ecosystem
Blockchain
Technology
IBM Food Trust leverages blockchain’s unique properties to create a secure, shared, and permissioned transaction record
IBMFoodTrust
The result is a safer, smarter, and more sustainable food supply chain
15. 16
Self-Sovereign Identity: Status and Standards
OPEN
Interoperability
& standards
Self sovereign identity
providers
Non-profit foundational
network
Linux Foundation: Project Indy
Open source implementation
Standards specification for
specifying and verifying
credentials
Decentralized key
management system
PortabilityLow High
High
User
control
centralized
federated
Self sovereign
User centric
16. 17
Self-Sovereign Identity example
Doctor
Acquires, Stores, Presents
Hospital
Requests, Verifies
University
Issues
Issues
Credential
Presents
Credential
Decentralized Identifiers (DIDs)
Blockchain
You’re
now a
Doctor
Yes,
you’re a
Doctor
Signs
Credential
Countersigns
Credential
Verifies
Signatures
I’m a
Doctor
Verifiable
credential
Verifiable
credential
Verifiable
credential
17. 18
Discovery Workshop
Engage an IBM Blockchain architect to
help you plan and define the architecture
for your enterprise blockchain solution,
which includes a two-day in person
workshop.
Design Thinking Workshop
Combine an IBM Design Thinking
workshop with IBM Blockchain’s
approach to solution architecture to define
the minimal viable product, as well as, a
blockchain solution architecture.
Develop a functioning blockchain
solution using agile methodologies,
leveraging experts in IBM Blockchain,
UX/UI design and development, and
cloud architecture.
Engage with an IBM Blockchain technical
expert to learn about Hyperledger Fabric,
IBM Blockchain, and general blockchain
concepts.
Length: Half Day
Length: 2 days
Length: 4 – 12 weeks
Length: 1 week
Length: 3 days
Length: Up to 1 week
Understand market opportunities and
select a use case which represents the
value your organization and your
business network seek, while also
gaining a deeper insight in blockchain
technology.
Architecture Workshop
Apply IBM Design Thinking principles to
evaluate current business processes,
identify business network and define the
minimal viable product for your
blockchain solution.
Design Thinking &
Architecture Workshop
MVP Build-up Blockchain Education
Getting Started
Services
IBM Cloud Garage with
Blockchain Offerings
provide you the services
you need to get started
with Blockchain.
18. 19
Quickstart Deployment
Provide an expert review of your current
Blockchain architecture, configuration
and implementation to identify issues and
areas for improvement, resulting in
recommendations for improvement.
Planning Assessment
Holistic review of the client app and
blockchain network to identify potential
performance bottlenecks. Starts with
architectural review and leverages an IBM
test harness to compare client’s
environment to a predefined benchmark.
Deploy a custom IBP network on IBM Cloud Private based on recommendations from
planning assessment. Suitable for a broad range of requirements and use cases.
Length: 1 week
Length: 1 week
Length: custom
Length: 1 week
Length: 2 weeks
Deploy a Distributed Peer on IBM Cloud
Private with an existing IBM Blockchain
Platform network instance on IBM Cloud
or deploy a Full Network including CA
and Orderer.
Health Check
Evaluate client readiness for deploying
IBM Blockchain Platform on IBM Cloud
Private. May require multiple 1-week
assessments.
Performance Assessment
Remote Peer Deployment
Deployment and
Production Services
Expert services to help you
deploy your network in
production and perform at
scale.
20. 21
Key Takeaways
• IBM Blockchain puts the experience of
over 500+ client engagements and
multiple active networks at your
ecosystem’s fingertips.
• IBM is the #1 blockchain vendor1 with
32% of the blockchain market2
• It has the only integrated business-ready
platform that empowers a group of
institutions to activate a decentralized
blockchain network in record-time
21
1 Source: Juniper Research
2 Source: WinterGreen Research
21. Questions? Tweet us or
go to ibm.com/blockchain
@IBMBlockchain
IBM Blockchain
IBM Blockchain
Thank you