The fast-emerging distributed-ledger technology known as blockchain holds great promise. Blockchain provides controlled, secure access to sensitive data enabling traditionally independent organizations to work together to streamline and integrate processes. Business leaders are still trying to figure out how to put the technology to work. Yet most agree: Blockchain can unlock the vast value trapped in their business operations.

2. THERE’S A TON OF VALUE
When companies exchange
information with others in a value
chain, complex, time-consuming
processes are needed to reconcile
that exchange.
Such processes are extremely
inefficient and trap significant value.
Trapped in the processes companies use to do business together

3. BLOCKCHAIN IS A POWERFUL TOOL
For restructuring how companies work together to unlock that value
It’s a distributed, decentralized
digital network that enables the
exchange of value or the ability to
confidently share data –including
financial assets and contracts –
in a secure environment.
With blockchain, traditional
independent players can work
together to streamline and integrate
processes, all with controlled access
to sensitive data, rather than relying
on redundant, siloed systems.

4. RECONCILE
MESSAGING
RECONCILE
RECONCILE
RECONCILE MESSAGING
MESSAGING
MESSAGING
BLOCKCHAIN
TRADITIONAL
DATABASES
Overcomes
the limitations
of traditional
database models

5. BLOCKCHAIN
SHARED
DATABASES
Overcomes
the limitations
of traditional
database models
TRUST

6. Blockchain builds trust into every
transaction via attributes not available in
standard database models. So all parties
having controlled access to a single,
shared copy.
THE RESULTS
Increased security, greater
cost efficiency, and optimized
reconciliation processes.
BLOCKCHAIN
Overcomes
the limitations
of traditional
database models

7. Blockchain eliminates process and data siloes –
freeing Intelligent Automation to expand and
flourish across the entire value chain to transform
business operations and communication among
multiple companies.
Applied Intelligence has been mainly applied to
traditional, repetitive processes within the four walls of
a company. Process and data siloes within companies
have limited its use and impact outside the organization.
…and generate even greater efficiencies
BLOCKCHAIN CAN SUPERCHARGE
INTELLIGENT AUTOMATION

8. BLOCKCHAIN
Enables companies to
reinvent processes
Blockchain will enable an overhaul of
the capabilities that support how
companies interact with and act on
shared data.

9. BLOCKCHAIN
Improves productivity
and quality
By working from a mutualized data
source via blockchain, companies can
trust or eliminate one-off data updates,
exceptions, and reconciliations.

10. BLOCKCHAIN
Provides increased
transparency among parties
By connecting data across the
value chain, blockchain will provide
transparency and real-time sharing,
thus boosting trust and minimizing risk.

11. Improved efficiency
and working capital in
finance and accounting
Greater transparency
across the supply chain
Less vendor risk
in sourcing and
category management
THREE OPERATIONAL AREAS
ARE PRIME CANDIDATES FOR BLOCKCHAIN
Blockchain’s impact on
specific business operations
and the broader value chain

12. Could transform procurement
in the oil and gas industry
BLOCKCHAIN
PROTOTYPE PLATFORM
AN ACCENTURE

13. It digitizes the process oil companies use to
buy maintenance, services, and materials for
their well sites – a process that’s still largely
manual, time-consuming, and inefficient.
Widespread adoption of such a platform by
the industry could help oil and gas players
reduce their cost structure to remain
competitive in an era of low oil prices.

14. CREATE
WORK
ORDER
PERMIT
PROCESS
ACCEPT
WORK
ORDER
REVIEW
WORK
COMPLETE
WORK
RECONCILE
PAPERWORK
PAY
BLOCK #1001
Equipment ID
Service Details
BLOCK #1002
Equipment ID
Service Details
BLOCK #1003
Equipment ID
Service Details
BLOCK #1004
Equipment ID
Service Details
BLOCK #1005
Equipment ID
Service Details
BLOCK #1006
Equipment ID
Service Details
BLOCK #1007
Equipment ID
Service Details
MOBILE APP
helps the
field supervisor
WEB APP
helps the vendor and
the oil field’s back office
SERVICES TIER
helps vendors integrate
BLOCKCHAIN
gives each equipment
a service history record

15. 01Potential use cases,
impacts, and benefits
BEGIN PLANNING
FOR BLOCKCHAIN
NOW A formal framework
can help you identify

16. 02How to approach
BLOCKCHAIN
BEGIN PLANNING
FOR BLOCKCHAIN
NOW A formal framework
can help you identify

17. 03What you want
to accomplish
BEGIN PLANNING
FOR BLOCKCHAIN
NOW A formal framework
can help you identify

18. 04Whom you should
collaborate with
BEGIN PLANNING
FOR BLOCKCHAIN
NOW A formal framework
can help you identify

19. How can BLOCKCHAIN help
you unlock trapped value in
your key operational processes?

20. THANK YOUwww.accenture.com/BlockchainBusinessOperations
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