Solving Real Business Problems with the Blockchain
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Transcript of Solving Real Business Problems with the Blockchain
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THE BLOCKCHAIN I S OPEN FOR BUS INESS
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B L O C K C H A I N R E V O L U T I O N ?W H E R E E X A C T LY I S T H E :
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B L O C K C H A I N T E C H 2 0 1 5
• Slightly Faster Payments
• Slightly Cheaper Remittence
• Slightly More Convenient
* P L U S A L O T O F R E G U L AT O R Y H E A D A C H E S , F R A U D , A N D H A C K S
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I N T E R N E T T E C H 1 9 9 4
• Slightly Faster BBS
• Slightly Cheaper Books
• Slightly Faster Weather
* P L U S A L O T O F R E G U L AT O R Y H E A D A C H E S , F R A U D , A N D H A C K S
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W H Y A R E B L O C K C H A I N S
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S C A L A B I L I T Y P R O B L E MB L O C K C H A I N S H A V E A
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C O I N S H A P E D P R O B L E MT R Y I N G T O M A K E E V E R Y P R O B L E M I N T O A
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C R Y P T O I S Y U C K YF O R E V E R Y G E N E R A L C O U N C I L I N T H E W O R L D :
don’t touch the coins
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B L O C K C H A I N S F O R D ATAH O W T O M O V E F O R W A R D :
bitcoin blockchainBitcoin Blockchain - Value Layer
Factom - Data Layer
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T E C H N O L O G Y S TA C KB L O C K C H A I N C A N B E A
bitcoin blockchainBitcoin Blockchain - Value Layer
Factom - Data Layer
Title Records Legal Apps Financial Apps Medical Records
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F R O M C RY P T O C U R R E N C YI SOLATE THE USERS :
blockchain
crypto
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B L O C K C H A I N A S A S E R V I C E
bitcoin blockchainBitcoin Blockchain - Value Layer
Factom - Data Layer
Blockchain as a Service
Title Records Legal Apps Financial Apps Medical Records
I N T R O D U C I N G
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E X A M P L E : A U D I T E D H I PA A C O M P L I A N C E W I T H
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P R I VA C Y V S . T R A N S PA R E N C YB L O C K C H A I N T E C H N O L O G Y:
bitcoin blockchainBitcoin Blockchain - Value Layer
Factom - Data Layer
All Private Information Hashed
Communications Audit Layer
Medical Records
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R E A L T I M E P R I VA C Y A U D I T
• Identification documents locked down with Crypto.
• Access to only the pertinent information.
• Immutable ledger showing all incoming/outgoing data.
• Court order to unlock documents.
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L A N D T I T L E R E C O R D SE X A M P L E : TA M P E R - P R O O F
T I T L E R E C O R D : C E N T R A L A M E R I C A
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B E A C H F R O N T P R O P E R T YC O R R U P T O F F I C I A L S G A V E T H E M S E LV E S :
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TA M P E R - P R O O F R E C O R D SB L O C K C H A I N T E C H N O L O G Y:
bitcoin blockchainBitcoin Blockchain - Value Layer
Factom - Data Layer
Document the ProcessTamper Proof Records
Title Records
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E X A M P L E : R E A L T I M E P R O O F O F R E S E R V E S
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R E A L T I M E A U D I TB L O C K C H A I N T E C H N O L O G Y:
Financial Apps
bitcoin blockchainBitcoin Blockchain - Value Layer
Factom - Data Layer
Every Transaction DocumentedFully Audited for Compliance
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F I N A N C I A L A C C O U N TA B I L I T YT O TA L LY T R A N S F O R M S T H E W A Y W E T H I N K A B O U T
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E X A M P L E : I N T E R N E T O F T H I N G S
Blockchain Logistics
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S H I P P I N G C O N TA I N E R SB L O C K C H A I N T E C H N O L O G Y: D I S T R I B U T E D A U T O N O M O U S L E D G E R
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I N T E R N E T O F T H I N G SB L O C K C H A I N T E C H N O L O G Y:
Logistic Applications
bitcoin blockchainBitcoin Blockchain - Value Layer
Factom - Data Layer
Transmitter on Every Container Logs LocationTransparent Global Ledger of Information
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U B E R F O R S H I P P I N G C O N TA I N E R S
• Every container goes in a transparent public ledger.
• Location is tracked in real time.
• Companies could know the moment their ships are unloaded.
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B L O C K C H A I N T E C H N O L O G Y ?W H A T B U S I N E S S W I L L Y O U R E V O L U T I O N I Z E W I T H
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“ H O N E S T Y I S S U B V E R S I V E ”~ PA U L S N O W