reimagining your business - the fdpthefdp.org/default/assets/file/presentations/what...business...
TRANSCRIPT
WITH EMERGING TECHNOLOGIES
REIMAGINING YOUR BUSINESS
Source: Nokia
2
INTELLIGENCE REVOLUTION
2008 2012 2016 2018
Social NetworksBusiness Networks
Social, Cloud, and Edge Computing
Cognitive Computing
BusinessReimagined
Technology Trends / Shifts
IoTCloud Computing
Drones
A/I, ML, AVR, and Chatbots
Autonomous CarsRobotic Process Automation (RPA)
Blockchain (DLT)
Cognitive Automation
3
DISRUPTIVE TECHNOLOGIES RESTRUCTURE BUSINESS MODELS
Digital Currency /
Banking
Healthcare / Public Health /
Safety
Procurement / Supply Chain
Security / Identity
Real Estate / Mortgage
Asset Management
Adoption
Record Title
Bitcoin
DOECybersecurity
GSAAutomate
Procurement / Supply Chain
FEMATrack Emergency /
Aid
DHSProtect Borders
OPMEmployee RepositoryPotential Use
Case
Expressed Interest
Building Blockchain
DARPASecure Messaging
in Combat
NATOLogistics, Finance and Procurement
HHSElectronic Medical
Records
STATEPassports and
Visas
DODCybersecurity
ARMYMedical Logistics
IDB / World BankProcurement
HHSCognitive
Automation of Business
Transactions
Depository Trust & Clearing
CorporationClearing House for
Financial Transactions
TreasuryAsset Management
World BankBond
4
CDCEmergency
Response / Public HealthFDA
Track Outbreak of Disease / Illness
UndisclosedMedicare and
Medicaid
HHSReimagine Grants
BLOCKCHAIN IN ACTION
CDCMedical Records
UndisclosedMortgage
Leasing
Patent
BLOCKCHAIN
Blockchain is an incorruptible, networked database for recording assets and transactions in the value chain and enables the cognitive automation of the value chain:
▪ Enables trust▪ Cuts the cost of verification▪ Reduces cost of networking▪ Optimizes business transactions
Source: Federal Times
Blockchain (DLT)
Blockchain (DLT)
Smart Contracts (SC)
Microservices
Artificial Intelligence (AI)
Blockchain (DLT)
Blockchain (DLT)
Blockchain (DLT)
DASHBOARD
API
API
5
BLOCKCHAIN DATA LAKE
is inherently fault tolerant and scalable
DATA SOURCES /
SYSTEMS
BLOCKCHAIN
Blockchain is an incorruptible, networked database for recording assets and transactions in the value chain and enables the cognitive automation of the value chain:
▪ Enables trust▪ Cuts the cost of verification▪ Reduces cost of networking▪ Optimizes business transactions
Source: Federal Times
6
BLOCKCHAIN DATA LAKE
FOR GRANTS LIFE CYCLE
BLOCK
PLANNING
OPPORTUNITY
APPLICATION
PREVIOUS TXN HASH
HASH OF ALL TXNS
BLOCK
REVIEW
AWARD
CONTRACT
PREVIOUS TXN HASH
HASH OF ALL TXNS
BLOCK
SINGLE AUDIT
PERFORMANCE
FUNDS TRANSFER
PREVIOUS TXN HASH
HASH OF ALL TXNS
BLOCK
RECONCILIATION
CONTRACT MODIFICATION
CLOSEOUT
PREVIOUS TXN HASH
HASH OF ALL TXNS
Transactions are encrypted, properly ordered, and stored in blocks that are linked together using a hash of the transactions in the prior block. Personally Identifiable Information (PII) and documents are stored “off-chain”.