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Blockchain @ Zensar
03-02-2017 www.zensar.com | © Zensar Technologies 2017 1
What is Blockchain
www.zensar.com | © Zensar Technologies 2017
Title Goes Here
There are many of the
variations passages
Distributed Transparent Ledger
• Looked up as public repository to
store and verify individual records
• Ease in dispute resolution
• Records secured through
encryption using public and
private key
Business Model & Processes
• Value Transfer
• No need for central
authority or intermediary
• Participating Nodes Consensus
Authorization
• Reduce processing time and TXN
fees
• Real time transaction monitoring
Consensus based Value Transfer
Entity A sends
Funds to Entity B
The transaction is broadcast
across the network which validates it
Entity B receives
Funds from Entity A
The block is then added to the
chain which records the
entire non-reversible history of
transactions in a public ledger
The transaction is
Configured into a block
SENT
203-02-2017
3
Money transfer, digital currency
exchange, P2P bitcoin trading
Oct 2013
01 02
2014
03
Jan-May 2015
04
June-Dec 2015
05
2016
03-02-2017 www.zensar.com | © Zensar Technologies 2017
Risk management, cross-border payments,
money transfer services, digital security
Digital payment system, pre-IPO trading, industry-wide
alliance for “utility settlement” product, payments
settlement, smart bonds on Ethereum platform, tracking of
assets and claims and real-time record keeping
International payments, smart contracts, low-cost
& cross-border payments platform, Payments and
settlement of fiat currencies, asset registries,
derivative contracts, regulatory reporting, KYC,
AML registries, formation of R3 Consortium
World’s first rules-based blockchain payments
network, new types of high-volume, low-value
global transactions, international B2B payment
solution
Exploration Journey of Blockchain
Blockchain Industry
4
Evolution
What is Industry looking for ?
Business
Blockchain?
$1.5 billion investment Across
Sectors
$15b Bitcoin Market Value
Crypto currency Creditability Rising
$20b annual saving projection in FS
Should I consider blockchain ?
How to identify relevant business area / use
case?
What will be associated benefits?
What approach to follow ?
How long would it take ?
Do I need to invest heavily ?
WEF - 80% banks active
IBM Study - 15% banks plan 2017 rollout
Cross border payments: 75% MoM
growth seen by BitPesa
Increase in Non-financial areas - Property
registries, Identity solutions, Energy grid,
Music industry, Sharing economy
In Delaware, Governor Jack Markell
announced two Blockchain initiatives
03-02-2017 www.zensar.com | © Zensar Technologies 2017
Addressing Enablement challenges: Our Framework
03-02-2017 www.zensar.com | © Zensar Technologies 2017 5
Business Area Viability Return on Digital
Solution IPs Accelerators
• Business processes and model driven
• Return on Digital
• Rapid deployment of blockchain based services
Solution IPs Accelerators
• Trade Finance Payments
• Funds Disbursement
• Mortgage Pre-Approval
• Technology Template for blockchain enablement
• A private network, which provides decentralisation and transparency along with data
security using encryption technologies
• Organisations can define smart contracts (core business engine) as per business needs
for both financial and non-financial applications
• Web3 or custom-built APIs to interact with the blockchain database
• System integration and UX components for seamless build and deployment
www.zensar.com | © Zensar Technologies 201703-02-2017 603-02-2017
Platform Agnostic
Caters to multiple Blockchain platforms,
supporting interoperability and
collaboration
Platform Agnostic
The API framework addresses scalable
demands. It enables institutions to
deploy their own custom Blockchain
services
Transaction Interoperability
Accommodation of digitized currencies,
tokens, securities and other digital assets
across industries regardless of network type
(Public/Private)
Digital Asset Agnostic
De-centralized, peer-validated, time-stamped
ledger providing transparency of ownership, data
Integrity and security
Distributed and Permissioned Ledgers
Use of Design Thinking approach as an
innovation process to arrive at feasible business
ideas through research and systemic reasoning
Design Thinking
Dimensions of our Framework
www.zensar.com | © Zensar Technologies 201703-02-2017 703-02-2017
Discover
• Align stakeholders in
terms of Blockchain
understanding
• Identify business areas in
FS to leverage Blockchain
• Determine business
feasibility
• Define high-level
roadmap
Define
• Identify business drivers for
the Blockchain opportunity
• Establish the goals and
approach
• Determine Return-on-
Digital enabled by
Transaction drivers
• Identify current gaps in
business processes and set
the boundaries
Design and Develop
• Identify relevant
technology platform
• Leverage our IPs and
solution accelerators
• Enhance core systems to
support Blockchain
enablement
• Incremental solution
development
Deliver
• Readily available Private
blockchain network for
rapid demonstrable pilot
• Validate that expected
business outcomes are
being delivered
• Assess FS industry
readiness and go-live
• Deliver improvements and
sustain results, explore
scalability and performance
Design-thinking mind-set, fuelled by conversation and collaboration, constantly improving along the way
Business driven Consulting led approach
03-02-2017 www.zensar.com | © Zensar Technologies 2017 8
Thank you

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Zensar’s Blockchain enablement framework

  • 1. Blockchain @ Zensar 03-02-2017 www.zensar.com | © Zensar Technologies 2017 1
  • 2. What is Blockchain www.zensar.com | © Zensar Technologies 2017 Title Goes Here There are many of the variations passages Distributed Transparent Ledger • Looked up as public repository to store and verify individual records • Ease in dispute resolution • Records secured through encryption using public and private key Business Model & Processes • Value Transfer • No need for central authority or intermediary • Participating Nodes Consensus Authorization • Reduce processing time and TXN fees • Real time transaction monitoring Consensus based Value Transfer Entity A sends Funds to Entity B The transaction is broadcast across the network which validates it Entity B receives Funds from Entity A The block is then added to the chain which records the entire non-reversible history of transactions in a public ledger The transaction is Configured into a block SENT 203-02-2017
  • 3. 3 Money transfer, digital currency exchange, P2P bitcoin trading Oct 2013 01 02 2014 03 Jan-May 2015 04 June-Dec 2015 05 2016 03-02-2017 www.zensar.com | © Zensar Technologies 2017 Risk management, cross-border payments, money transfer services, digital security Digital payment system, pre-IPO trading, industry-wide alliance for “utility settlement” product, payments settlement, smart bonds on Ethereum platform, tracking of assets and claims and real-time record keeping International payments, smart contracts, low-cost & cross-border payments platform, Payments and settlement of fiat currencies, asset registries, derivative contracts, regulatory reporting, KYC, AML registries, formation of R3 Consortium World’s first rules-based blockchain payments network, new types of high-volume, low-value global transactions, international B2B payment solution Exploration Journey of Blockchain
  • 4. Blockchain Industry 4 Evolution What is Industry looking for ? Business Blockchain? $1.5 billion investment Across Sectors $15b Bitcoin Market Value Crypto currency Creditability Rising $20b annual saving projection in FS Should I consider blockchain ? How to identify relevant business area / use case? What will be associated benefits? What approach to follow ? How long would it take ? Do I need to invest heavily ? WEF - 80% banks active IBM Study - 15% banks plan 2017 rollout Cross border payments: 75% MoM growth seen by BitPesa Increase in Non-financial areas - Property registries, Identity solutions, Energy grid, Music industry, Sharing economy In Delaware, Governor Jack Markell announced two Blockchain initiatives 03-02-2017 www.zensar.com | © Zensar Technologies 2017
  • 5. Addressing Enablement challenges: Our Framework 03-02-2017 www.zensar.com | © Zensar Technologies 2017 5 Business Area Viability Return on Digital Solution IPs Accelerators • Business processes and model driven • Return on Digital • Rapid deployment of blockchain based services Solution IPs Accelerators • Trade Finance Payments • Funds Disbursement • Mortgage Pre-Approval • Technology Template for blockchain enablement • A private network, which provides decentralisation and transparency along with data security using encryption technologies • Organisations can define smart contracts (core business engine) as per business needs for both financial and non-financial applications • Web3 or custom-built APIs to interact with the blockchain database • System integration and UX components for seamless build and deployment
  • 6. www.zensar.com | © Zensar Technologies 201703-02-2017 603-02-2017 Platform Agnostic Caters to multiple Blockchain platforms, supporting interoperability and collaboration Platform Agnostic The API framework addresses scalable demands. It enables institutions to deploy their own custom Blockchain services Transaction Interoperability Accommodation of digitized currencies, tokens, securities and other digital assets across industries regardless of network type (Public/Private) Digital Asset Agnostic De-centralized, peer-validated, time-stamped ledger providing transparency of ownership, data Integrity and security Distributed and Permissioned Ledgers Use of Design Thinking approach as an innovation process to arrive at feasible business ideas through research and systemic reasoning Design Thinking Dimensions of our Framework
  • 7. www.zensar.com | © Zensar Technologies 201703-02-2017 703-02-2017 Discover • Align stakeholders in terms of Blockchain understanding • Identify business areas in FS to leverage Blockchain • Determine business feasibility • Define high-level roadmap Define • Identify business drivers for the Blockchain opportunity • Establish the goals and approach • Determine Return-on- Digital enabled by Transaction drivers • Identify current gaps in business processes and set the boundaries Design and Develop • Identify relevant technology platform • Leverage our IPs and solution accelerators • Enhance core systems to support Blockchain enablement • Incremental solution development Deliver • Readily available Private blockchain network for rapid demonstrable pilot • Validate that expected business outcomes are being delivered • Assess FS industry readiness and go-live • Deliver improvements and sustain results, explore scalability and performance Design-thinking mind-set, fuelled by conversation and collaboration, constantly improving along the way Business driven Consulting led approach
  • 8. 03-02-2017 www.zensar.com | © Zensar Technologies 2017 8 Thank you

Hinweis der Redaktion

  1. Developed in 2009 Started with escrow transactions, bonded contracts, third party arbitration, multiparty signature transactions Inventing way towards stock, private equity, crowdfunding instruments, bonds, mutual funds, annuities, pensions, and all manner of derivatives (futures, options, swaps, and other derivatives). Land and property titles, vehicle registrations, business licenses, marriage certificates, and death certificates. Digital identity like driver’s licenses, identity cards, passports, and voter registrations. Private records such as IOUs, loans, contracts, bets, signatures, wills, trusts, and escrows
  2. N/w can be created on premise or hosted on cloud