Internal02.05.2023 Presentation name1

Technology Insights – BlockchainA webinar series from OpusCapita

Internal

Agenda

• Introductions• What is Blockchain• Where is it impacting us today• What can we expect from the future• Closing remarks

02.05.20232

Internal

Rowan Lemley (host)

Introductions

02.05.20233

Petri KarjalainenHead of Special Projects

InternalInternal4

OpusCapita by the numbers

Company:

• Founded 1984

• Over 2100 employees

• Revenue €257 million (2015)

Buyer-Supplier Ecosystem:

• 8 000 customers in over 100 countries

• ~100 000 suppliers

• 600 million transactions annually, 200 million processed purely electronically

• 40 million different products bought and sold

Internal02.05.20235

What is Blockchain?

Internal

Peer-to-peer technology that is:

What is blockchain...

Distributed SecurePublic

Blockchain ≠ Bitcoin Blockchain = Distributed Ledger

Internal02.05.20237

How does it work…

Source: Tieto 2016

Internal

Where is Blockchain impacting us today?

Source: Venture Radar 2015

Internal

Some usage cases by marmelab.com

9

Source: http://marmelab.com/blog/2016/04/28/blockchain-for-web-developers-the-theory.html

Internal

Case: IBM dispute management and resolution

Dispute management is one of the key purchase to pay processes causing extra work for the buyer organization. Disputes often arises during invoice acceptance for reasons like goods not delivered before invoiced or invoice containing incorrect information. Disputes may also arise already earlier in e.g. in ordering phase when incorrect quantity is delivered or delivery time is not met.IBM has implemented and using a full dispute management process using blockchain

10

https://youtu.be/F0P7NM7d-ps or for more info click here: https://www.google.com/search?q=ibm+global+financing+blockchain

Internal

Use cases: Etherium, almost 300 blockchain apps…

11

for more info: http://dapps.ethercasts.com/

Internal02.05.202312

What can we expect from the future?

Internal

Building block: Hyperledger

“Final assemblers, such as automobile manufacturers, can create a supply chain network managed by its peers and suppliers so that a final assembler can better manage its suppliers and be more responsive. The blockchain provide a standard protocol to allow every participant on a supply chain network to input and track numbered parts that are produced and used on a specific vehicle.”

13

https://youtu.be/EKa5Gh9whgUTitle: Building a blockchain for business with the Hyperledger Project

Internal

Building block: Smart contracts

“Smart contracts are computer protocols that facilitate, verify, or enforce the negotiation or performance of a contract, or that make a contractual clause unnecessary. Smart contracts usually also have a user interface and often emulate the logic of contractual clauses. Proponents of smart contracts claim that many kinds of contractual clauses may thus be made partially or fully self-executing, self-enforcing, or both. Smart contracts aim to provide security superior to traditional contract law and to reduce other transaction costsassociated with contracting.”

14

https://youtu.be/FkeLDPZ-v8g for a system demo see: https://youtu.be/2fgNJ8uVILg

Internal02.05.2023 Presentation name15

Closing Remarks

Internal

Closing Remarks

02.05.202316

Petri KarjalainenHead of Special Projects

02.05.2023 Presentation name17 Internal

Thank YouSee you at the next ‘Technology Insights’ – a webinar series from OpusCapitaTopic: PSD2 (November 24th)Topic: Machine Learning (December 15th)

Rowan Lemley