1. BLOCKCHAIN APPLICATION IN CORE BANKING

2. WE ARE TEAM OF EXPERTS BRIDGING ARTIFCIAL INTELLIGENCE,
BLOCKCHAIN,
CYBER SECURITY
PROVEN USE CASES ACROSS
ECOSYSTEMS.

3. Banking on Blockchain. Charting the progress of distributed ledger
technology in financial services.

4. Block chain application across various markets
What do we do.
About company
Block chain application across various markets
Block chain implementation
Problems and solution
KYC
PAYMENTS
SMART CONTRACT
LOAN SYNDICATION
FRAUD DETECTION
Benefits
How can Snapper add Value
How can Snapper Help
Current Scenario
Problems and solution
Problems and solution
Problems and solution
Frauds in Banking Sector in India
Potential Benefits out of Blockchain Implementation
Blockchain, AI and Cyber Security
Potential saving estimation
Current Implementation and Execution across different area.

5. BLOCKCHAIN IMPLEMENTATION ACROSS VARIOUS SECTOR

6. LOSS SUFFERED DUE TO DOCUMENT FRAUD IN Cr (2010-12)
Fake bank
loan
documents result in
Rs.8734
crore fraud.

7. PROBLEM
SOLUTION
The average bank spends £40 million
a year on KYC
Compliance
some banks spend up to £300 million
annually on
KYC compliance,
Anti Money
Laundering (“AML”)
checks and
Customer Due
Diligence (“CDD”).
Full transparency
Proper
compliance
Secure, compliant data sharing
Efficiency and trust in identity
Remove the duplication
Spot irregularities or foul play
Privacy & self-sovereignty
Secured by cryptography
SWIFT has established a KYC Registry with 1,125 member banks sharing KYC documentation

8. 2

9. PROBLEM SOLUTION Inefficient on boarding Vulnerable KYC Cost and delay
Error prone
Liquidity requirement
Demanding regulatory compliance
Seamless KYC
FX liquidity capabilities
Real-time AML
Reduced settlement time
Cost savings
Automated compliance

10. SMART CONTRACTS 3

11. Escrow may not be necessary
TRADITIONAL CONTRACT PROBLEMS
1-3 days
Manual remittance
Escrow necessary
Expensive
Physical presence
Lawyers necessary
SMART CONTRACT SOLUTIONS
minutes
Automatic remittance
Escrow may not be necessary
Fraction of cost
Virtual presence
Lawyers necessity reduced

12. 4
LOAN SYNDICATION
Syndication for corporate loans is an area that can significantly benefit from Blockchain technology.
Different steps of syndication can be executed much faster and in a cost-effective manner.
Maintenance and servicing of syndicated loans on Blockchain technology will be easier to handle compared to the current scenario of each bank maintaining and manging their own records.
Moreover, loan servicing on Blockchain will be more real time, thereby leading to redundancy of such data managed by core banking platforms.

13. Substantial benefit to Customers and Financial service firms
PROBLEM
SOLUTION
Time-intensive process
Time-intensive review
Lack of technology integration
Labour-intensive process
Inefficient fund disbursal
Default risk
Delayed settlement time
Costly intermediaries
Automated syndicate formation
Embedded regulator
Automated diligence and underwriting
Technology integration
Reduced closing time
Servicing disintermediation
Reduced counterparty risk
Substantial benefit to Customers and Financial service firms

14. FRAUD DETECTION 5 Banking frauds in India
176,547 cases of bank fraud reported till Mar’13 by RBI
A whopping 65% of total bank fraud occur due to misuse of technology across channels like core banking, online banking, POS, Mobile Banking & ATMs.
More than USD 1.88 Bn lost by 5 leading Indian Banks between
USD 5.1 Bn lost owing to bank fraud
Banking frauds in India
64% of Bank Risk Managers expect fraud to rise between 6 to 25%
NPA’s : 183, : 251, : 309,409

15. ACCELERATE TRANSACTIONS
POTENTIAL BENEFIT
SECURITY
PRIVACY
SCALABILITY
BUILD TRUST
REDUCE COST
ACCELERATE TRANSACTIONS

16. HOW SNAPPER CAN ADD VALUE
Blockchain is perhaps most interesting when it is applied as a foundation for a more decentralized economy, where transactions are immutable, reputation and trust are encoded, and scale is not just secure, but smart.
Blockchain provides a fundamentally different approach to cybersecurity, which can go beyond endpoints and include user identity security, transaction and communication security and the protection of critical infrastructure that supports operations across organizations.
Blockchain helps make AI more accountable, while software and hardware intelligence enhance Blockchain development, application, and process automation.
HOW SNAPPER CAN ADD VALUE

17. HOW SNAPPER CAN HELP

18. CURRENT SCENARIO Blockchain Will Be Used By 15% of Big Banks By 2017
9 in 10 executives said that their bank is currently exploring the use of block chain
50% of banks surveyed have already invested in Blockchain technology or will do so in 2017
Average investment in Blockchain projects in 2017 is expected to be about $1 million
About 33% of financial company respondents expect to see commercial Blockchain adoption by 2018.
banks surveyed, about 69%, are experimenting with permissioned block chains, while 21% plan to use hybrid variants.