The "hype" about blockchain seems to be slowing down. Now it’s time to create real benefits from the blockchain technology. Distributed Ledger technology offers potential in a wide range of enterprise areas. It can help to make various transactions more secure, (cost) efficient and transparent, but also support the creation of ecosystems or the automation of processes through smart contracts. This opens up a broad spectrum of application possibilities: mobility platforms, new digital business models, sharing approaches and much more.
The Bitcoin as a street song in the newspapers
Examples and Definition of Blockchain
Basics and history
Cryptocurrencies and their origin.
What is behind the technology and its development?
From the Internet of Things (IoT) to the Internet of Values
Basic forms of a blockchain
Essential components of the blockchain
Functionality of a blockchain system using Bitcoin as an example
Transactions in the Bitcoin network
Updating the blockchain: calculation of a new block
Case study: Deviations of Blockchain Systems (Tangle / IOTA and Ripple)
The blockchain as an information infrastructure
Transaction of business processes without the ‘trusted middle men’
Distributed Ledger Technologies
The problem of double spending
Security technique - hash value
Proof of Work and Proof of Stake
Performance limits of a blockchain
Decentralized Structure and Segregated Witness
Different consensus algorithms
Case Study: Blockchain in Enterprise Architecture
2. Blockchain technology and business models
Classification of blockchain applications
· Infrastructure and platforms
· Middleware Services
Status quo in the blockchain startup market
· Basic concepts of blockchain applications
· Smart Contracts / ERC 20 as a key driver
Blockchain in Supply Chain
· The block chain in the supply chain and logistics with eCl @ ss standard
· Model Rotterdam for port - logistics
· Model KLM / Air France for spare parts management in aviation
· The blockchain in the public sector
· The blockchain in the legal sector, licensing model and IP management
Case Study: Blockchain in Manufacturing and Supply Chain
3. Blockchain in your own company
Influence of Blockchain on existing business models
· Are automotive, logistics, manufacturing, finance impacted by Blockchain?
· Potentials and Risks of Blockchain Technology
Case study: Blockchain in Logistics
Situational Analysis and Evaluation of Blockchain Applications
· What impact does Blockchain have on your business model in the industry?
· How big are the effects from your point of view?
· How big is the need for action / pressure in your industry in general?
Implementing Blockchain in your own business model
Blockchain brainstorming / design thinking
Which areas can be Blockchain-enabled?
Why and with what benefit?
What are the biggest drivers?
· Blockchain as project - goals and controlling
· Recommendations on blockchain implementation
1. The Cyber Security Issue
What simply started as the technology behind Bitcoin, has taken over the world
today. Blockchain technology has seeped into every sphere of our lives from
banking to healthcare and beyond. Cybersecurity is an industry which has been
significantly impacted by this technology with a scope for more in the future.
‘By removing much of the human element from data storage, blockchains significantly mitigate the risk of human error, which is the largest cause of data breaches.’
Blockchain Technology is defined as a decentralized distributed ledger system
which is used to record data transactions across multiple computers. The reason
why this technology has gained popularity is that you can put any digital asset or
transaction into the blockchain, the industry does not matter. Blockchain
technology can be used to prevent any type of data breaches, identity thefts,
cyber-attacks or foul play in transactions. This ensures that the data remains
private and secure.
2. Blockchain in Cyber Security - uses cases
Protected Edge Computing with Authentication
Edge computing is good for IT efficiency, productivity and power usage but it
represents a security challenge for CISOs, CIOs and the more extensive business;
thus Blockchain is providing a solution to secure IoT and Industrial IoT. It will help
in the strengthening of authentication, enhanced data attribution and flow as well
as upgrade record management.
Advanced Confidentiality and Data Integrity
Owing to its nature of public distribution, Blockchain was created without any
particular access controls initially. But with time, as the technology started
providing solutions to multiple industries, blockchain implementations now have
scope for data confidentiality as well as access control. The complete encryption
of the Blockchain ensures that data as a whole or in part is not accessible to any
wrongful person or organization while in transit.
Secured Private Messaging
A lot of companies are looking at Blockchain to secure their personal and private
information exchanged over chats, messaging apps and social media. They hope
to make it into a secure platform with the help of Blockchain and impenetrable to
PKI or Public Key Infrastructure keeps messaging applications, emails, websites
and other forms of communication secure. But they all rely on third-party certificate
authorities to issue, revoke or store key pairs. These certificate authorities can
become an easy target for hackers with spoof identities trying to penetrate
encrypted communications. On the other hand, when keys are published on a
blockchain, it leaves no scope for a false key generation or identity theft as the
applications verify the identity of the person you’re communicating with.
Intact Domain Name System(DNS)
The DNS is an easy target for malicious activities as hackers can bring down the
DNS service providers for major websites like Twitter, Paypal and other services.
A Blockchain approach to storing these DNS entries can improve the security
extensively because it removes that one single target which can be compromised
Diminished DDoS attacks
A distributed denial-of-service (DDoS) attack is an attack in which multiple
compromised computer systems attack a target, such as a server, website or
another network resource, and cause a denial of service for users of the targeted
resource. This forces the system to slow down or even crash and shut down,
thereby denying service to legitimate users or systems. This problem can be
solved by integrating blockchain into decentralized solutions which can provide
protection against such attacks.
We can develop and adopt multiple measures for security, and yet threats develop
and adapt accordingly. However, with blockchain, we have a vast scope of
ensuring data is safe.
What are the stages where your singular idea should be launched into a world of possibilities. Our experience guides you from start to finish, ensuring that your ICO blasts towards mission success.
1. ICO Project and Advisory Planning
2. Technology Developement
3. Whitepaper Advisory and Drafting
4. Legal Review
5. Exchange token sale listing
6. Private Sale
8. Post ICO
9. Ongoing ICO Marketing from step 5 onwards
10. End of ICO Project and Start of Implementation of Business Plan for Growth
The ICO implementation should lead to sustainable results. All marketing will have no merits if the technology development is not at beta-level. All technology development is in vain if there is no legal review and approval. The whole investment in time and energy will provide to poor results if there is no investor coming on board. We provide monitoring of key projects in the ICO launching process with experienced advisors for each specific bottleneck during launching. We take care of crutial phases like technical development or investor onboarding that makes the difference.