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Blockchain

  • 1.  Blockchain

    Posted May 19, 2017 08:29
    I have a few questions in regard to blockchain. Specifically, what is the applicability of Blockchain technology to the current IoE/IoT projects and which problems can it solve? I'd be interested to hear about specific applications of Blockchains when integrated with IoE/IoT (machine-to-machine payments, peer-to-peer energy, etc.)?

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    Daria Khorkunova
    RWTH
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    DT Asia


  • 2.  RE: Blockchain

    Posted May 20, 2017 16:13
    My view is predominantly network access level. Blockchain is usable over the top of the IoE access networks as part of any necessary business service. The utilisation of Blockchain or distributed ledger under the access network is the same as the treatment of any CPE (but at a larger scale). The useful use case here is joint venture responsibility for service provision, so if part of an end to end service goes down the distributed ledger maintains a shared common view of responsibility. This is very useful for automating service level assurance across multiple access providers.

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    Charles Gibbons
    BT Group plc
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    DT Asia


  • 3.  RE: Blockchain

    TM Forum Member
    Posted May 22, 2017 08:29
    Energy: The usecase could be a wind energy farm connected to a central monitoring system, for transfer of energy from farm to the grid. Each alternator in the farm has it's own output and instrumentation to assess the wind energy. So an energy balance accounting all the way to the grid, with other sources of all such transactive energy, which are produced by consumers (prosumers) can be blockchained as has been described

    "Information that can go on to the blockchain includes the amount of energy being generated, time, location, source, whether the home has switchable devices, etc. And as more and more people join the market it builds up community microgrids, both virtual and real."

    Reference: What is the value of blockchain to the energy sector?
    Engerati remove preview
    What is the value of blockchain to the energy sector?
    Conceptually the future power system is quite straightforward, with the growth of distributed generation at homes and businesses, the emergence of new players such as prosumers and new ways for them to interact with the system, aided and abetted by a new generation of service providers.
    View this on Engerati >

    Large consumers like the Railways can become providers, returning excess energy recovered from braking of locos and trains or from solar plants on top of railway coaches and the space between railway platforms, can all be accounted on the blockchain. In India's large railways this has a major benefit in implementation.

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    surojit mukerji
    Ericsson Global Services, India
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    DT Asia


  • 4.  RE: Blockchain

    TM Forum Member
    Posted May 23, 2017 08:05
    I am reading some business cases using blockchain in different areas, but until now I could not find a consistent solution. I have some points that I would like to put in table for discussion:
         - Transactions validations: The acceptance of a transaction in a decentralized blockchain is made by consensus. More nodes in the network means more security (more nodes doing verifying the transactions). This continuous validations requests usage of energy, in Bitcoin this service has a financial rewards to the ones that do it. Not only a incentive given by the algorithm but also incentives from the ones that send the transaction ( a kind of tip). How this point would  be solved in these business cases.
         - Blockchain size: I did not see any study about the size of the blockchain file along the time and the possible issues for the network.
         - Time to consensus: As the acceptance of a transaction is made by consensus, majority of nodes agree that such transaction is valid there is no "validated" status for a transaction, as much a transaction exists on the chain more is the probability of this transaction is considered valid. This requests some interactions cycles, and is also another points that I do not seed comments in solutions.

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    Ricardo Mello
    Ericsson Inc.
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    DT Asia


  • 5.  RE: Blockchain

    Posted May 22, 2017 14:57
    How do I find out what Blockchain is?  I have heard of it in the press recently but I still have no clue!

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    Mark Ingle
    TO BE VERIFIED
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    DT Asia


  • 6.  RE: Blockchain

    TM Forum Member
    Posted May 22, 2017 16:47
    Hi Mark,

    Great question - I encourage you to check out some of the articles on our Inform site to learn more about blockchain - click the link below.

    Blockchain Articles

    Please let me know if I can help you with anything else.

    Melanie

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    Melanie DiGeorge
    Community Manager
    TM Forum
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    DT Asia


  • 7.  RE: Blockchain

    TM Forum Member
    Posted May 28, 2017 20:11
    Hi Melanie,

    I was searching for the topic - "Blockchain's impact on SID"

    I couldn't find any relevant material/article/PoV:whitepaper.

    Does blockchain have any impact on "Product Lifecycle Management" process function?

    Can you please point me to the relevant documentation/reference material (if any)?

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    Varun Pandhi
    Infosys Ltd.
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    DT Asia


  • 8.  RE: Blockchain

    TM Forum Member
    Posted Jun 02, 2017 08:33
    Hi Varun,

    I have been working on blockchain use cases relevant to Forum members, such as SLA management, but have not seen a specific impact on the SID.  What did you have in mind?

    Regarding product lifecycle management (PLM), I've seen more references to blockchain being used in adjacent functions such as enterprise asset management (e.g. Adopting Blockchain for Enterprise Asset Management) and supply chain management (e.g. Blockchain Technology: What is it & how it effects the SupplyChain) than to PLM itself, but these examples probably qualify: Provenance | Blockchain: the solution for supply chain transparency and https://dupress.deloitte.com/content/dam/dup-us-en/articles/3255_3D-opportunity_blockchain/DUP_3D-opportunity_blockchain.pdf.

    Regards

    John

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    John Wilmes
    Director of IoT Projects
    TM Forum
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    DT Asia


  • 9.  RE: Blockchain

    TM Forum Member
    Posted Jun 27, 2017 12:07
    Hi,
    I see two ways to attend blockchain.

    Business perspective, for example a premise is that blockchain offers a high security level, then what do you think a service like as "worldwide credit risk" for a person. If you want a credit only can do that in the country where you has a credit history, with blockchain you can create a global credit history fed by any entity bank around the world. Any development company can to that, the challenge is to have a financial acceptance.

    Technical perspective, for example, I saw some videos where blockchain is very slow to commit a transaction because it is necessary pass trough many nodes to validate, the idea is add more speed to do this transaction, it is an opportunity to network providers to add efficiency to these transactions.

    The first step is to identify where is our role here, I understand TMforum provides guidelines to adopt telecom standards then could be a good idea open the door to integrate telecoms standards to Financial standards.





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    Marco Garfias
    Product Manager
    Salamanca Solutions International
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    DT Asia


  • 10.  RE: Blockchain

    TM Forum Member
    Posted Jun 29, 2017 20:18
    There is definitely a common perception that blockchain may have a strong impact on the shape and pace of development of IoE. Some business benefits will include:

    - Replacement of trusted third parties at a significantly lower cost
    - Automation of contract execution through smart contracts
    - Security and privacy
    - Traceability


    Although still in its infancy, Blockchain will likely become pervasive across the IoE landscape.  CSPs just need to accelerate their exploration of blockchain if they want to become key IoT/IoE players.

    There's some decent articles on the inform website looking into this in more depth, esp if you're looking for some industry examples:

    Will blockchain be game-changing for the internet of everything

    Blockchain has landed, now the building blocks



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    Arti Mehta
    Editor, InformTM Forum
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    DT Asia


  • 11.  RE: Blockchain

    Posted Jun 30, 2017 00:47
    ​Hi Arti,

    Some more info on the Blockchain buzz includes the telecom applications also.

    https://www.linkedin.com/pulse/blockchainthe-next-disruptor-avadhut-deshpande

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    Avadhut Deshpande
    Persistent Systems Ltd
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    DT Asia


  • 12.  RE: Blockchain

    TM Forum Member
    Posted Jul 03, 2017 18:01
    Great piece Avadhut! Thanks for sharing.

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    Arti Mehta
    Editor, InformTM Forum
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    DT Asia


  • 13.  RE: Blockchain

    Posted Sep 25, 2018 06:24
    Edited by Akash Takyar Oct 30, 2018 15:01
    Blockchain technology is changing some big industry like Supply chain, Healthcare, Banking and Travel and many more.  UAE government is also implementing blockchain solution in their government system until 2021.

    The blockchain is solving some problem like data theft, privacy and many more.

    If you want to explore more about Blockchain you can visit:- LeewayHertz - Blockchain Solution

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    Akash Takyar
    CEO LeewayHertz
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    DT Asia


  • 14.  RE: Blockchain

    Posted Oct 16, 2018 03:58
    Edited by Akash Takyar Oct 30, 2018 15:01

    Blockchain Technology is transforming industries like Supply chain, Identity Management, Fintech, Legal, healthcare, Agriculture and many more.
    Leewayhertz is a Blockchain development company and we have develope Blockchain platform for above mention industry which is transforming the industry. check our case study at LeewayHertz.
    Case Study

    Why Blockchain is so important :-

    1.Lower transfer & interaction fees:

    2. A high degree of security & trust:

    3. A high degree of openness, transparency, and dependability:

    4. Integrating the digital and physical world:


    Blockchain solving these problems. If you want to explore more about blockchain and development then visit.

    LeewayHertz



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    Akash Takyar
    LeewayHertz
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    DT Asia


  • 15.  RE: Blockchain

    Posted Nov 16, 2018 05:32
    Blockchain Technology is revolutionizing every possible sector in the business industry as well as technological areas. Since it is an emerging technology, more and more applications are being developed in the backstage. However, it has already brought notable changes in the peer-to-peer payments sector. Researchers and developers are seeking the possibilities of blockchain integration in banking, supply chain, finance, MLM, Real estate, Voting, Governance, etc. Understand the basic facts of Blockchain and it's working.

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    Sajin R
    TO BE VERIFIED
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    DT Asia


  • 16.  RE: Blockchain

    TM Forum Member
    Posted Nov 19, 2018 06:42
    Hi All,

    You may be interested in this LinkedIn post on a Blockchain Proof-of-Concept that Zeetta Networks and Colt Technology Services presented at MEF'18 last month:

    https://www.linkedin.com/feed/update/urn:li:activity:6469898983216156672

    I'd welcome your comments!

    Regards,
    Vassilis



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    Vassilis Seferidis
    Zeetta Networks
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    DT Asia


  • 17.  RE: Blockchain

    Posted Mar 18, 2019 05:23
    Hey! Yes. I would like to know more about Blockchain and Cryptocurrency. Will your LinkedIn page help me?
    Visit website: https://www.2basetechnologies.com/
    (OR)  mail at   info@2basetechnologies.com

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    Roshni Madhu
    TO BE VERIFIED
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    DT Asia


  • 18.  RE: Blockchain

    TM Forum Member
    Posted Mar 19, 2019 05:59
    "I have a few questions in regard to blockchain. Specifically, what is the applicability of Blockchain technology to the current IoE/IoT projects and which problems can it solve? I'd be interested to hear about specific applications of Blockchains when integrated with IoE/IoT (machine-to-machine payments, peer-to-peer energy, etc.)?"

    There is one distributed ledger aiming directly at IoE/IoT called IOTA. The original usecase was to be a payment system (microtransactions) for fog and mist computing. What it means:

    * Devices can sell and buy sensory information to eachother
    * Devices can sell and buy computing power to eachother
    * While the data transfer itself is a job for another kind of protocol, IOTA solves the problem of payment for the services
    * IOTA client / interfacing is extremely lightweight, allowing it to run on even very basic devices

    Blockchain has to be a super bing thing with IoE, because everyone will have data to sell, lack processing power nearby (for speed of execution) and even want to lease (in and out) the capacity of their devices. There can be no central authority to execute the market and nobody needs a bunch of middle men to take a cut of the transactions ("settlement houses").



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    Reid Hauke Tønnesen
    Telia Company
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    DT Asia


  • 19.  RE: Blockchain

    Posted Mar 25, 2019 07:33
    Hello Colleagues,

    I've been investigating blockchain for telecom for 1,5 years.
    I've found 20 cases up to date, you can see its on my website - https://linkedin.com/company/be4iot
    Also we have project for implementation blockchain for CSP in field of IoT for cases:  IoT global connectivity, IoT payments and IoT security. I can send details if it's interesting for you!

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    Maxim Shkurin
    Uventa.io
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    Maxim Shkurin
    TO BE VERIFIED
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    DT Asia


  • 20.  RE: Blockchain

    Posted Jul 14, 2019 16:09
    Hey! Yes. I would like to know more about Blockchain and Cryptocurrency. Will your LinkedIn page help me?
    Visit Website: https://www.taxionthego.com/
    or just contact - info@2basetechnologies.com


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    Roshni Madhu
    2Base Technologies
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    DT Asia


  • 21.  RE: Blockchain

    Posted Sep 09, 2019 02:15
    However, Blockchain has been deployed widely and many applications have been built that have improved business operations across various industries. Since the blockchain technology can bring transparency, security, immutability, auditability and many more benefits, let's discuss how it is impacting various industries across the globe. Below are several industrywise application published on our informed website which might interest you:

    1. Finance
    The earlier use cases of the blockchain were only limited to the currency and payments. It is the reason why the financial industry has now taken a significant interest in the technology, promising a new era of blockchain finance/banking. The bank introduced the first type of blockchain-backed credit transaction between Seychelles Trading Company and Ornua. The project included the first encrypted trade documentation to be managed on the blockchain.
    P2P lending blockchain Platform

    2. Supply Chain and Logistics
    Real applications of blockchain in supply chain are countless. For example, a shipping giant, DHL has been able to become a forefront of blockchain-based logistics with its ability to keep a ledger of shipments and maintain integrity.
    Supply Chain Management

    3. Insurance
    Though insurance companies have started to adopt digital technology to register a policy and process claims, many organizations still have to manage paper contracts which are prone to errors due to human intervention. Also, claim approval process is a prolonged process for the users as they have to approach multiple intermediaries.
    Using smart contracts that contain business logic, blockchain-based insurance application eliminates the need for middlemen and automate the validation process. As the insurance claims' data is stored on the blockchain ledger, no one can alter it and all stakeholders within the network can access it transparently and securely.

    4. Government
    One of the most promising use cases of blockchain can be an enhancement of governmental operations. Governments have started using blockchain applications to improve processes like the legal signing of documents, voting and land title registry.
    Voting based on the blockchain can improve civic engagement by offering the next level of incorruptibility and security and allow voting to be done on mobile devices.

    5. Digital Identity

    Every one of us uses an identity document on a regular basis to avail any service, book a ticket, apply for a passport or other document. Since the existing identification method is based on centralization, we don't know where our personal information is stored and who uses it for ad targeting without our consent.

    Banks, credit agencies and government institutes are more vulnerable to hacking and theft of data as they deal with a lot of identification data.

    WEESIGN 
    Blockchain based Electronic signature platform for Secretaria DeEconomia Mexico. The platform ensures that each signed document remains unforgeable and unique.

    6. Healthcare
    Though the healthcare industry uses digital techniques to maintain electronic health records, patient's information and reports are shared without their consent and stored on a centralized server.
    Blockchain can have a considerable impact on patient's records by enabling them to control their data with smart contracts. A blockchain-based healthcare application allows all stakeholders to access and view records with the controlled data disclosure through business logic embedded in smart contracts.

    For More blockchain Solution you can visit LeewayHertz - Blockchain Development solution 









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    Akash Takyar
    LeewayHertz
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    DT Asia


  • 22.  RE: Blockchain

    Posted Sep 10, 2019 02:49
    Blockchain is an open database where all members have access to it. It is the basis of Blockchain. Access can only be given to the stakeholders. Moreover, a private blockchain can be on top of a public blockchain, providing access only to those users who need it.

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    CETPA Infotech
    CETPA INFOTECH
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    DT Asia


  • 23.  RE: Blockchain

    Posted Sep 18, 2019 05:30

    Blockchain or distributed ledger technology has gained significant interest from firms across the energy sector. The sheer range of organizations investing in blockchain energy is staggering – from energy supply firms and technology developers to financial institutions, national governments and the academic community.

    Here is an article on our informed website covering several Use Cases of Blockchain in Energy Sector:

    • Peer-to-peer Energy Trading

    • Application of Blockchain for Wholesale Trading Through Regional Mini-grids

    • Blockchain Application for Streamlining Access to Renewable Energy

    • Blockchain Technology in Financing Energy Access

    • Energy Cryptocurrencies

    • Pre-payment for Energy Using Mobile

      If you want to explore more about blockchain technology and their benefits for several industries you can visit : LeewayHertz - Blockchain Solution



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    Akash Takyar
    LeewayHertz
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    DT Asia