BLOCKCHAIN IN PROCUREMENT...Callan Sarre callan@cryptocate.com.au 19 Title THIS ISU YOUR...

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Transcript of BLOCKCHAIN IN PROCUREMENT...Callan Sarre callan@cryptocate.com.au 19 Title THIS ISU YOUR...

BLOCKCHAININPROCUREMENT

Callan Sarre

EDUCATION SECURITY

ADVISORYSUPPORT

COMMUNITY

DEVELOPMENT

SOUTH AUSTRALIAN BLOCKCHAIN ASSOCIATION

BLOCKCHAIN TECHNOLOGY?

"A distributed, decentralised, public ledger"

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W HAT IS

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DISTRIBUTED

DECENTRALISED

PUBLIC

(network structure)

(governance)

(permissions)

CHARACTERISTICS

DISTRIBUTED

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Stored and maintained by a globally distributed network of computers

○ Resilient○ Highly secure○ Global

(network structure)

DECENTRALISED

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No central point of control

○ Democratic governance○ Open source○ Own personal accounts

and data○ Peer-to-Peer (P2P)

(governance)

PUBLIC

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Open network with transparent data

Anyone can: ○ Join the network○ View the ledger○ Make a transaction

(permissions)

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A currency that:○ has no central control/censorship○ any person can use it P2P○ is a robust and resilient global

network

BUILDINGTRUST

Low cost , d ig it al, p rog ram m ab le t rust

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SMART CONTRACTS

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Trusted, programmable computation on a blockchain

○ Slight misnomer○ Used to build applications○ Freedom to innovate

CONSORTIUM NETWORKS

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Private blockchain networks for business ecosystems that provide low cost trust to participants

Notably, IBM's

BLOCKCHAIN IN PROCUREMENT

Digital proofs of certification

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OrgBook

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A public directory of open verifiable data about organizations

○ Provable certificates cut red tape in conducting business

○ https://orgbook.gov.bc.ca/en/home○ 1.4 million in registered credentials

ORG BOOK

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CURRENT SYSTEM

ORG BOOK

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BLOCKCHAIN SOLUTION

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BLOCKCHAIN SOLUTION

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BLOCKCHAIN SOLUTION

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BLOCKCHAIN SOLUTION

THANK YOU

Callan Sarrecallan@cryp tocate.com .au

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