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Copyright © 2018, Oracle and/or its affiliates. All rights reserved.Copyright © 2019, Oracle and/or its affiliates. All rights reserved.
Beyond the HypeEntering a New Era of Blockchain Solutions
❖ Blockchain Development
❖ Evolution beyond 2019
❖ Practical Value
❖ Real-life cases
❖ Oracle strategy
Joost Volker BD Director BlockchainOracle EMEA
The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.
Statements in this presentation relating to Oracle’s future plans, expectations, beliefs, intentions and prospects are “forward-looking statements” and are subject to material risks and uncertainties. A detailed discussion of these factors and other risks that affect our business is contained in Oracle’s Securities and Exchange Commission (SEC) filings, including our most recent reports on Form 10-K and Form 10-Q under the heading “Risk Factors.” These filings are available on the SEC’s website or on Oracle’s website at http://www.oracle.com/investor. All information in this presentation is current as of September 2019 and Oracle undertakes no duty to update any statement in light of new information or future events.
Safe Harbor
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4
Life for Blockchain after 2020?
Enterprise Resource PlanningM
atu
rity
TimeMid ’60s
MRPPurpose
built
Workflow Automation
Monolithic Functions
Integrated Suites
Augmented Core
Majority of projects
Technology
Majority of Installed base
Enterprise Blockchain PlanningM
atu
rity
2009
DLTPurpose
built
Smart Contracts
Platform
Interoperable Chains
Augmented Blockchain
Time
Digital Currency Stable Coins
dApp
BaaSExchange
Supply Chain
Consortium
Eco-systems
Enterprise Blockchain PlanningM
atu
rity
2009
DLTPurpose
built
Smart Contracts
Platform
Interoperable Chains
Augmented Blockchain
Majority of projects
Technology
Majority of Installed base
Time
Product development maturityEnterprise Blockchain
Technology Adoption LifeCycle, Prof. Everett M. Rogers, 1962
FinTech Transaction Banking
Retail BanksCorporateWealth MgtInsurance
InvestmentCentral BanksReInsurance
Low hit rate Unsecure RoIFirst MoverHigh Value
High hit rate Predictable RoILower Unit Cost
Less Risk
Blockchain’s practical value – stand alone
• Niche applications:They include elements of data integration for tracking asset ownership and asset status, in which distributed ledgers can tackle pain points including inefficiency, process opacity, and fraud.
• Modernization value:Blockchain appeals to industries that are strategically oriented toward modernization. These see blockchain as a tool to support their ambitions to pursue digitization, process simplification, and collaboration.
• Reputational value:Companies are pursuing blockchain pilots for reputational value; demonstrating to shareholders and competitors their ability to innovate, but with little or no intention of creating a commercial-scale application.
Autonomous Marketplaces
Efficiency
Audit TrailSecure
Records
Transformational Change
Sophisticated Improvement
Value Chain
Object
Blockchain’s practical value – enhance or replace
Intrinsic Properties
Extrinsic Value-Add
• Use encryption and cryptographic capabilities to provide additional security layer
• Leverage Digital Identities to monitor, detect and restore misconduct
• Provide timestamps to track and trace data access and usage
Store and retrieve data safeguarding Trust and Privacy
Secure records
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Instant Transfers without Intermediaries
• Eliminate expensive intermediary fees
• Instant reconciliation
• Increased transparency
"The built-in features such as identity
management and data encryption made it an
ideal choice given our industry requirements
and compliance needs. Additionally, the REST
APIs helped us and our vendors accelerate
application development and integration
with existing core services.”
Ayman Qadoumi, A.
Deputy General Manager
Information Technology and Security
Arab Jordan Investment Bank.
• Allow more transparency, hence better audit trails and decentralized viewpoint
• Tamper-proof processes to prevent erroneous and fraudulent handling
• Consolidate to provide evidence of sequence of activities
Provide valuable insights
Audit trail
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• The oldest firearm and manufacturing company in the world. Premium Guns created mixing best manufacturing technologies with high level of craftsmanship
• Integrality of product not used or altered
• Multiple actors: Beretta, suppliers, craftsmanship, third-party shooting tests, Distributors, Customers
• Integrated in production process thru Oracle J.D. Edwards
Provide a digital identity certificate
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• Minimize delays, solve bottlenecks and automate labour intensive processes, due to offline reconciliations, hand-overs or gaps
• Remove paper trails (bill of lading, quality assurance etc.) to provide leaner and digital processing
• Synchronize process steps on the Blockchain with Smart Contracts
Reduce friction in the value chain
Efficiency
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Securities Services Blockchain for Asset Tokenization
• Single platform for tokenizing customers’ assets and liabilities, digital trading, and collating market data from the exchanges
• Asset based: Securities, Bonds, Gold
• Fractional ownership
• Reducing OPEX thru Automated smart contracts
24x7Real-time
settlement of trades
3 Asset classes tested with
atomic swaps across 3 bc’s
6 mosFrom Start to
Finish
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Autonomous market places
• Build new trust relationships and disruptive peer-to-peer interaction
• Removal of the single entity authority, anyone can now authorize transactions and provide access to digital information
• Minimizes unnecessary costs from third parties/intermediaries
Create new market dynamics
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To connect all that love sports
• Create a secure and safe transaction environment across different regions with different currencies
• API-centric solution, connecting Blockchain Platform Cloud Service with Customer apps, Google K8s, MongoDb
• TTM – 4 months ; 10o partners signed up
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Oracle Blockchain PlatformHardened for enterprise applications
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Oracle Blockchain Platform Cloud Service
Fine-grained access controlMembership Governance
Consensus (Kafka)
Smart Contracts (Go, Node.js, Java)
Confidentiality(Channels, Collections)
REST APIs SDKs for Go, Java, and Node.js Enterprise Adapters (OIC)
Distributed Ledger
Open Source Hyperledger Fabric
Oracle Cloud Infrastructure and PaaS Services
Container Services
Identity Management
EventsManagement Services
Data Services
Oracle-managed PaaS
On-Premises AppsSCMERP HCM CX
Oracle SaaS
CRM3rd Party SaaS
Custom Cloud Apps
Pre-Assembled
Enterprise-Grade
Automated DevOps
Plug and Play Integrations
Open
Hyperledger Fabric Peers in customer data centers or
3rd party clouds
OBP Enterprise Edition On-premise nodes for
private ledger data
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Oracle Blockchain Customer ExamplesSecurities Services Blockchain Platform
ASSETS TOKENIZATION
Maritime shipping documentation & logistic events tracking
TRANSPORTATION/LOGISTICS
Franchise documentation exchange
ELECTRONIC INVOICING & EDI
(12 consortium founding members)
Provenance of Extra Virgin Italian Olive Oil
PROVENANCE IN SUPPLY CHAIN
Conflict Minerals & EV Battery Sourcing from Mining & Recycling
CDEL
ONLINE TRAINING & EDUCATIONDiploma/Continuous Education certificate platform
SUSTAINABLE SUPPLY CHAIN TRACKING
Leather sourcing and shoemaker traceability
AUTHENTICITY OF HONEYUsing unique identifiers to verify real honey
Sample of ISVs adopting OBP
Order-to-Cash Contracts Mgmt. Remote Patient MonitoringInvoice Factoring Bank KYC
PHARMACEUTICALS
Anti-counterfeit drugs tracking in distribution chain
Sample of New Exciting ProjectsLUXURY GOODS TRACEABILITY
Diamonds Provenance Tracking: Mining to Retail
BANK KYC/ANTI-MONEY LAUNDERINGKYC System Across Multiple Entities
Tier I French Multinational Bank
MULTI-BRAND LOYALTY SYSTEMSTokenizing Loyalty Points of the Existing Loyalty Platform
SUPPLY CHAIN/LOGISTICS FOR OIL EXPLORATIONA Digital, Automated, Self-Orchestrated Supply Chain
Northern European E&P Oil Co.
INTERCOMPANY BILLING & SETTLEMENTIntercompany Ledger for Cross-ERP Billing & Settlement
SUSTAINABLE MFG SUPPLY CHAINSustainable EV battery supply chain (cobalt tracing)
BROKERAGE WINDOW FUNDS TRANSFER
Account Distributed Ledger & Trade Orchestration
Major Retirement Investment Fund
KNOW YOUR SUPPLIERSupplier Certifications Registration and Validation
Major Automobile Manufacturer
ELECTRONIC HEALTHCARE RECORDSConsolidated view of medical record and exams across providers
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Oracle and Partner Ecosystem Investments
Oracle Blockchain PlatformSmart Contracts Distributed LedgerConsensus Confidentiality
Oracle Cloud Infrastructure On-Premise Deployment
App Integrations Data Repository Governance InteroperabilityOff-chain Sync DevOps Access Control
ISV ApplicationsCustom ApplicationsOracle SaaS
SCM Blockchain Apps CloudVertical GBU Apps
ERPHealth
Sciences
Retail Transit
SI Solution Accelerators
Deloitte Digital Tax Seal acceleratorBusiness pains: Loss in tax payments, Revenue streams of illegal organizations, Loss of market share
Human factor: Eliminating health risk, build trust in digital seals, create provenance record
Top growth FSI use cases with Blockchain
• Customer data – KYC, Loyalty, AML
• Trade finance – Invoice factoring, im/export, Customs, cross-border garantuees
• Intercompany transfers – Bank transfers, system settlements, cross-charging
• Supply Chain collaboration – Supplier
management, Procurement, Document
control & security
• Custodianship – identities, ownership, certification, proxy-voting
Going forward
• BC solutions should provide Trust as a Service, at lower cost
• Determine niche vs. more generic use case – select your platform(s)
• RoI is along more axes, dare to Enhance and Replace
Life for Blockchain after 2020!
• linkedin.com/in/joostvolker
• JoostVolker
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