open source and hyperledger: building our future...
TRANSCRIPT
Open Source and Hyperledger: Building our future on the
Blockchain
Julian Gordon Vice President, Asia Pacific, Hyperledger
The Linux Foundation
Open source collaborative effort to advance cross-
industry blockchain technologies
Hosted by The Linux
Foundation
Global collaboration spanning developers
and employers in finance, technology,
supply chain, healthcare and more
What Is Hyperledger?
The Hyperledger technical community is 100% open.
It is never pay-to-play at Hyperledger. Anyone can participate whether your company is a member or not. Our collaborative software development
approach ensures the transparency of the process, and a market focus required to bring blockchain technology forward to
commercial adoption.
Hyperledger is led by a diverse group of technical contributors.
Governed by technical merit and a principle of
“do-ocracy”, Hyperledger projects see contributions from many different developers
and the companies who employ them. Contributions undergo a rigorous peer review
process, but are welcome from anyone. Participation is global.
Open Source Collaboration
Blockchains are more than cryptocurrency
4
Cryptocurrencies are one particular use of a blockchain platform,
using the ledger to record who owns what, and avoid double-spend.
But there are many other uses...
Public, Private, Permissioned and -less
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Permissionless
Public
Permissionless
Private
Permissioned
Public
Permissioned
Private
Bitcoin,
Ethereum
Public Polls
Land titles,
University degrees
Medical records
Public vs. Private: Who can read from a blockchain (visibility)
Permissioned vs. Permissionless: Who can write to a blockchain (accessibility)
3.5
Years since launch
4
Libraries
4
Tools
6 Distributed
Ledgers
3
1.0+ Production Releases
275+
Members (50+ in China)
15
Active Community Working Groups &
Special Interest Groups
175+
Meetups Worldwide
(75+ countries)
62K+
Meetup Participants
2,000+
Media Clips Per Month
Hyperledger Momentum
The Hyperledger Greenhouse The Hyperledger Greenhouse
So who’s using what? Of the Forbes Blockchain 50: ● 32 HL Fabric incl
○ +5 IBM Blockchain ○ +2 DTCC & Google ○ +1 Oracle Blockchain ○ +1 Samsung Nexledger
● 21 (Public?) Ethereum ● 13 Corda ● 12 Quorum ● 3 HL Indy ● 3 HL Sawtooth
Hyperledger Fabric: Now On All Major Clouds
Community Working Groups (WGs)
Technical Steering Committee
Architecture Working Group
Identity Working Group
Performance and Scalability Working Group
Technical Working Group China
Learning & Materials Development Working Group
Smart Contracts Working Group
Technical Working Groups are open to the public
Visit: https://wiki.hyperledger.org/display/HYP/Working+Groups
Community Special Interest Groups (SIGs) Sector Groups are open to the public
Visit:
https://wiki.hyperledger.org/display/HYP/Special+Interest+Groups
Training and Certifications
Visit: https://www.hyperledger.org/resources/training
Technical training courses and
professional certifications to get
your whole company up-to-speed
on Hyperledger with the highest
quality training from The Linux
Foundation and Hyperledger
Training Partners.
MOOCs
- Blockchain: Understanding Its Uses and
Implications
- Introduction to Hyperledger Technologies
- Hyperledger Fabric Fundamentals
- Hyperledger Sawtooth
- Hyperledger Sawtooth Administration
- Hyperledger Fabric Administration
- Hyperledger Fabric Deeveloper (Q1)
A pre-qualified tier of vetted service providers who have deep experience helping enterprises successfully adopt Hyperledger. A clearly defined standard of knowledge, skills, and abilities for Hyperledger blockchain. HCSPs offer Hyperledger support, consulting, professional services and training for organizations embarking on their Hyperledger journey.
What is a HCSP ?
Hyperledger Launches Certified Service Provider Program
To Boost Deployment Speed and Efficiency
First Wave of Hyperledger Certified Service Providers: • Accenture
• Ant Financial
• BeiJing Peersafe
• Chainyard
• IBM
Premier members
Hyperledger Premier Members Serving on the Governing Board.
Korea Hyperledger Members
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FoodTrust: transparency in food & CPG supply chains ●When an outbreak of a food-borne disease happens, it
can take days, if not weeks, to find its source. Better
traceability could help save lives by allowing
companies to act faster and protect the livelihoods of
farmers by only discarding produce from the affected
farms.
●Walmart, and a group of retailers and food companies
such as Unilever, Nestlé, Carrefour and Dole, work with
IBM to apply blockchain technology to their food supply
chain.
●By making a shared ledger accessible to each party in
the supply chain, all food processing steps can be
recorded and stored on the blockchain, including
digital compliance documentation, test results and audit
certificates to improve transparency and efficiency across
the food network.
E-Visible
• An IOT and blockchain integrated application enables the
creation of traceable data, as well as visibility and control of capital during the whole trading process
• Since the platform launched in April 2017, cumulative amount invested on E-Visible Blockchain Platform over RMB 4.2 billion, in which financial institutions have invested over RMB 1.3 billion and registered 166 enterprise users.
• Whole trading process is recorded which enables financial institutions to quickly identify qualified capital for investment and provide relevant tools for after-loan management
• Enables financial institutions to provide credit and structural financing to qualified capital thereby expanding their financing channels
The Challenge
Today, banks live in a competitive world. Small
and mid-sized businesses generated 85% of
employment growth in Europe in recent years,
but only ~50% of them have access to formal
credit. The Digital Trade Chain exemplifies how
blockchain can bring the required trust and
transparency to a new business network and
associated business model.
The Collaboration
A consortium of major
world banks including:
Deutsche Bank,
HSBC, KBC, Natixis,
Rabobank, Société
Générale, Santander,
UniCredit and Nordea.
The Technology
we.trade is a blockchain-
based international trading
system that enables
accurate trading posture
information, order to
settlement control, risk
coverage, track and trace
options
We.Trade
China’s Top Banks: Letters of Credit
●China Minsheng Bank and China CITIC Bank jointly
developed an open, standard and regulatory compliant
domestic L/C transmission platform using blockchain
● Banks involved include China Minsheng Bank, China
CITIC Bank, Bank of China and Suning Bank
●~1B RMB Letters of Credit issued per day
●Removes need for SWIFT in China domestic L/C
settlement and enables creation of an independent and
domestic-controlled L/C exchange system
● Improved user experience, supporting a Chinese UI
tailored to domestic business requirements
● Incorporated the whole L/C process, shortening delivery
time, with improved efficiency and security
The China Banking Association Blockchain-based Platform For Trade Finance
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dltledgers Processes $1 Billion in Trade Finance
on Hyperledger Fabric ▪ dltledgers platform is a production
grade global trade platform running
350+ traders.
▪ Network all parties in a digital trade
- real time, paperless and enable
seamless payments.
▪ DBS bank enhance LC issuance,
Trade financing, Digital BL,
Payments are integrated to major
banks.
▪ API integration to most major trade
document transaction tools.
▪ You can start your trade on
blockchain at https://dlt.sg/dlt-for-
traders/
https://www.ledgerinsights.com/blockchain-startup-processes-1-billion-trade-finance-dltledgers/
Everledger:
Diamond Supply Tracking
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In 2003, the Kimberley Process Certification Scheme was established to prevent
conflict diamonds from entering the market. However, the current process is
complex and there is a history of fraud and “missing paperwork”. Moving to a
blockchain, all shipments are recorded and trackable with high integrity.
This system of record enables retailers,
distributors, regulators, auditors, even
potentially governments and NGOs to monitor
for potential discrepancies where conflict
diamonds may be entering the supply chain,
and in some cases even prevent them from
entering the market at all.
Supply Chain: Conflict Mineral Traceability
Problem: Tracing Tantalum • Conflict mineral found in smartphones
• Can be mined by children or slaves
• Paper-based compliance suffers
mistakes and fraud
Solution • Blockchain built with Hyperledger Fabric
• Uses facial recognition and QR codes
• Now in production, tracing tantalum from
mine to manufacturer around the world
“Our investment in Rwanda is a direct action to bring about change across the whole mining industry.”
— Ray Power, CEO of Power Resources Group
● A blockchain based Judicial Consortium Chain that creates
a unified, standard and reliable judicial data storage
platform. It currently supports 17 authoritative judicial units
e.g. IP360, notarial offices, forensic institutions, courts, etc.
● It has been broadly used in legal industry, users include
legal technology companies, Internet companies, lawyers,
judicial authorities etc.
● Currently, the blockchain system carries over 50 million
legal sensitive data.
LegalXchain Judicial Consortium Chain
Change Healthcare: Routing & Settling Insurance Claims ●Since January 2018, the Intelligent
Healthcare Network has processed
tens of millions of transactions a
day—with throughput of up to 550
transactions a second--enough
capacity to handle all the healthcare
claims for the entire U.S.
●Claims are transparent to authorized
users. Hospital administrator can
view real-time status and remittance
of all the hospital’s claims
●Authorized corporate or government
payer can see equally complete and
reliable information
The 1st Blockchain-based Medical App in Hong Kong
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Blue Cross (Asia-Pacific) Insurance,
MediConCen, 200+ medical providers,
200,000 medical insurance clients
• A Hyperledger Fabric based consortium system
that automates the whole claim process without
using of any paper.
• Insurers gain the trust of customers as customers
are sure they can use the insurance when in need.
• Save lots of paper per annum in HK on claims
and lots of manual process involved in approving
and paying claims
• No reconciliation and manual checks needed by
the parties
• Previously excluded small clinics can join with
fraud prevented
The government of British Columbia is using Hyperledger Indy to cut red tape
• This government project
allows businesses to digitally
share trusted information with
government, suppliers, banks
and other partners,
significantly improving their
efficiency.
• To date, this project includes
digital IDs for 529,000
companies and 1.4 million
credentials.
• Similar services coming soon
from other jurisdictions https://www.hyperledger.org/resources/publications/orgbook-case-study
WHO WILL YOU TRUST WITH YOUR TRUST NETWORK?