1. Making Blockchain Real for Business
Thanks, pleasure etc.
There is much hype around Blockchain.
Most of this relates to the use of Blockchain to underpin the Bitcoin crypto currency.
Whilst IBM are not interested in Crypto currency, we are very interested in exploring the broader business application of Blockchain technology. This is a transformational opportunity for many of our clients
This touches most all industries – we are making Blockchain REAL for business.

2. Blockchain - Potential Use Cases
Securities
Post-trade settlement
Derivative contracts
Trade Finance
Bill of Lading
Cross-currency payment
Syndicated Loans
Supply Chain
Retail Banking
Cross border remittances
Mortgage verification & contracts
Know Your Customer
Public Records
Real estate records
Vehicle registrations
Citizen Identity
Digital Property Management

4. Overview of International Trade
Inefficiencies
12 parties
27 documents
Low automation
Risks
Currency fluctuation
Non-completion
Result
Financing is expensive
SMEs locked out

5. Blockchain-Enabled Future State
(Blockchain node)
Document Access
Participant access based on permissions
Address Compliance and Fraud
Document state and origin known at all times
Enhanced Trust through Smart Contracts
E2E Real-time
Visibility
(Blockchain content)
No Reconciliation or Manual Validation Required
Ledger nodes replicated with identical content via distributed consensus
$14T+ in global trade is financed
Upto 3 weeks for documents to be verified
$37.6B potential cost saving by eliminating paper

6. Blockchain for Supply Chain Management
Operations
Supply Chain
Optimize Supply and Distribution Networks
Reinvent Processes and Accelerate Organizational Agility
Traceability / Product Safety
Product recall
Fraud / Provenance
Global trade
Order tracking
Flow of:
Goods
Money
Information
Internet of things integration
Paper-intensive operational processes (e.g. real estate contracts)
Marketing
Channel
Deliver a Differentiated Brand Experience
Collaborate More Effectively with Channel Partners
Loyalty
Consumer warranties
Trade deductions / disputes management
Data sharing platforms

7. Blockchain-based Shared KYC Repository
Value proposition
Avoid replication of KYC effort
History of changes in identity or address can be tracked in a secure tamper proof system
KYC information across multiple participating institutions can be shared in a secure manner
Blockchain platform capabilities can be used to securely adhere to individual organizational policies, regulations, and associated access control requirements
Certified processes (implemented as smart contracts) provide an approved and auditable approach to updating KYC information
Transition from periodic KYC monitoring to continuous real-time monitoring
Bank A
Bank B
Bank C
Existing Apps
Existing Apps
Existing Apps
Certified KYC Update Processes
KYC Retrieval & Verification
Blockchain Platform
Update processes implemented as smart contracts/chaincodes
Chaincodes for query & verification
Bank B
Bank A
Secure tamper proof auditable ledger with KYC data & associated documents
Ledger
Ledger
Blockchain Network
Ledger
Bank C

8. Thank You!