Uploaded on Aug 14, 2024
Zeeve's Co-Founder and CTO - Ghan Vashistha conducted an insightful second webinar on "Design a Blockchain Solution" as part of the GBA Session on "Enterprise Adoption" featuring 7 insightful and highly informative episodes highlighting the relevant dimensions involved with the blockchain adoption by enterprises. This episode is an attempt to provide helpful answers to some of the most common questions about core components of building blocks for blockchain solutions and then examining some additional capabilities that should be considered when designing the solutions.
Webinar – Episode 2 of Series on “Enterprise Blockchain Adoption” Design A Block
DesignanEnterpriseBlockchain
Solution
GhanVashishtha
Howwedo
BlockchainisnotaSolutionto
Everything!
COMPLICATED = COMPLEX
Traceability Blockchain is Complicated, Blockchain is Complex
PickaType
PUBLIC PR5IVATE HYBRID
PickaChain
Hyperledger,R3,5PrivateSubnet?
BlockchainDecisionTree
Yes Yes Do you need to Do you need a Does more than Yes
preserve data
shared, consistent one entity need to
records exactly as
data store? contribute data?
written no revision?
No No Cavet:
Auditing use
cases
Blockchains do not
Blockchains provide a Your data comes from a
single entity. allow modifications historically consistent
Blockchains are of historical data; data store. If you don’t
need that, you don’t typically used when
they are strongly
auditable.
need blockchain. data comes from
multiple identities.
5
Yes Yes Are entities with write
You may have a useful Do you want a tamper- access struggling to
blockchain use case. proof log of all writes to
the data store decide who should
control the data store ?
No No
If you don’t need to
If there are no trust or
audit what happened
control issues over
and when it happened,
who runs the database
you don’t need a
solutions should suffice
blockchain
On-chainv/soff-chainand
Batching
Integrationsthatmatter?
Enterpriseauthentication,
authorization,andaccounting
requirements
Integrationwiththeincu5mbentsystemsofrecord
(CRM,BI,Reportingetc.)
DesignwiththeintenttoincludeBlockchain
AppropriateDecentralization?
API’sSDKs&waystobuild!
Monitoring is an important capability for addressing regulations and
5
ensuring high availability, capacity planning, pattern recognition &
fault identification
Finance Retail Manufacturing Supplychain Logistics Healthcare CA
Rest API Implementation SDK Client Tools SaaS Policy
ACL
Software Code Transactions Rules
Identity Mgmt
Virtual
API Digital Tokens Containerization
Machine
Crypto
Messaging Adapters Cloud Services AI Plugin IOT
Keys
Inter – Contract Messaging System Integration Encryption
Signature
Node1 Ledger Node2 Ledger B Node3 Ledger C Node4 Ledger D
A
TXN TXN TXN TXN TXN TXN TXN
Block1 Block2 Block3 Block4 Block5 Block5 Block6
Ledger Condults Role based Peers Consensus Protocol
Distributed Integratio Smart Applicatio
Ledger n Contract n
TheBlockchainNetwork Scaleofkeyenterprisechallengeswhen
ChallengeisBusiness–Not adoptingblockchainnetworks
Business Technology
Tech
Technology challenges are only 10% of the
blockchain network building problem, 90% Stakeholder experience
Co-operation among
of the challenges for companies will come traditional competitorsBusiness outcomes
and ROI
in building and managing the business
Monetization and revenue
model for the network sharing models
Business
continuity risk
Change management Governance
Business model revamp
Audit and
compliance
Data security Building
Technology risk and privacy Interoperability trust
System Production
integration readiness
Expansion of
Consortia build
network
and
participants
management
(network effect)
Software
framework and IP
Platform
Quality Assurance
Keybusinesschallenges A4-stepapproachtomitigating
thesebusinesschallenges
Creating cohesion among competitors in a Crystalize foundational approaches and
collaborative environment to ensure consensus identify key stakeholders
and firness Build minimum viable ecosystem to
Governance, monetization & optimization of ROI demonstrate potential
will be key to encouraging broader adoption Define a governance structure and
Network Lock-in-risk may deter participants incentive model for network scaling
from fully committing to the network. Grow the ecosystem across industries by
Addressing these concerns through activating network effects
standardization will be key to creating viable
networks
Managing change brought on by blockchain
adoption will be complicated by discord with
existing processes and limited understanding of
technology among talent/users
Business continuity will be a key talking point in
the aftermath of COVID-19, as enterprises
ensure that committing to a network does not
increase the risk of operations disruption
Want to Design A Blockchain Solution For Your Enterprise?
Talk to Zeeve Experts today to increase ROI and achieve faster time to
market for all your Blockchain solutions
Address
ZeeveDeeptechPvtLtd ZeeveTechnologiesLtd.
1283, ATS Greens, Sector-93A 2001, Regal Tower, Business Bay,
Noida, India 201304 Dubai, UAE
ZeeveInc.
395 Santa Monica Place, Unit 308,
Santa Monica, California - 90405
USA Dubai India
Contact
Email: [email protected]
http://www.zeeve.io
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