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Key Enterprise use cases

  • 1.  Key Enterprise use cases

    TM Forum Member
    Posted Nov 08, 2018 14:33
    What do you think the key Enterprise use cases are for Blockchain outside of currency or intra-contract deployments?
    #Blockchain

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    Larry Dutton
    Vodafone UK Ltd
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  • 2.  RE: Key Enterprise use cases

    TM Forum Member
    Posted Nov 19, 2018 03:35
    Enterprise use cases fall into a very narrow category.  Due its distributed nature, the ledger information is technically an open public record.  Having an internal blockchain defeats the purpose of implementation, since a single party will lose the security and integrity.  A blockchain requires a minimum of two (2) stakeholders, best when they're independent of each other to insure immutability.

    While cryptography is how the internals of a blockchain work, you have to remember that ledger entries are typically plain text.   The ledger data could be encrypted, restricting the ability for third-parties to audit the records and breaking the trust a blockchain is supposed to provide.

    So to answer you question, besides sharing financial or contract transaction details..  You have to ask what information does an Enterprise have to share publicly, share among others in the same industry?  There's not much that an Enterprise would not consider proprietary.  But there are exceptions.

    A good example would be auto manufacturers.  Vehicles made by every manufacturer are assigned an identification number, the VIN.  This VIN is normally associated with the make, model, year, and color.  Where color is an important factor in this example, since the other details are static.  There could be other details, but let's keep this example simple.

    1. Every vehicle manufacturer participates in this blockchain, as well as every dealer, and motor vehicle department. 
    2. A token that represents the VIN is generated in the blockchain, for simplicity will call this token the VIN.
    3. The manufacturer transfers the VIN to a dealer.
    4. Upon it's sale, the dealer transfers the VIN to the local motor vehicle department.
      1. The owner registration is handled separately by the motor vehicle department.
    5. Time passes and the owner paints it a new color, notifying the motor vehicle department. 
      1. The motor vehicle department updates the VIN in the blockchain with the current color.
    6. The owner sells the vehicle to someone in a different municipality.
      1. The VIN is transferred between the old and new motor vehicle departments.
    7. The vehicle was subject to severe damage, it was totaled.
      1. The motor vehicle department updates the VIN, marking it "unsafe".
      2. The VIN is forever associated with the final motor vehicle department.

    Anyone participating in this blockchain, the manufacturers, the dealers, or any motor vehicle department would be able to view the details associated to a particular VIN.  This information could be viewed anytime from any participating member of the blockchain.  Maybe insurance companies, since they paid for the disposal.

    Now let's say...  Some unscrupulous party took this totaled vehicle, fixed it up and moved it to another municipality.  Using forged paperwork to register a vehicle that's considered to be unsafe.  The full history of the VIN could be viewed, the color change, sever damage, and how the vehicle is marked unsafe.

    Transfers or updates can only be made by the current holder of the token, the ledger would show every change, making it impossible to re-sell.  Since there are many players, an outside party would not be able to falsify the information, the vehicle history could not be tampered with.  So this could prevent vehicle resale fraud.

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    Brian LaVallee
    INVITE Communications Co. Ltd
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  • 3.  RE: Key Enterprise use cases

    Posted Jul 09, 2019 15:33
    Great question! Thank you for bringing here an important discussion.

    With the technology advancing and more organisations seeing the benefits of a shared ledger among industry partners, most of us think about future applications and Blockchain will resolve that. Of course, the financial services industry has been exploring blockchain for years, and many banks are experimenting with the technology. With its potential to bring transparency and fairness while saving businesses money and time, the technology is transforming into a wide array of sectors.

    I encourage you to check out some of the articles on our Inform site to learn more about blockchain use cases.

    Use cases of Blockchain in Agriculture
    Blockchain in agriculture

    Blockchain Fintech - Innovating Asset Management

    Blockchain Asset management


    Since the blockchain technology can bring transparency, security, immutability, auditability and many more benefits, it is impacting various industries across the globe.

    In addition to above here are various blockchain related case studies  which might interest you





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    Akash Takyar
    LeewayHertz
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  • 4.  RE: Key Enterprise use cases

    Posted Jul 11, 2019 04:41
    Hi there:

    Anything that requires any two entities to keep their own ledgers and constantly validating against the other is a good candidate for DLT.  DLT as conceptualized by hyperledger, Corda are good technologies through which enterprise DLT use cases can be implemented.

    TRAI, the telecom regulatory authority of India is proposing to use DLT based solution for the DND (Do Not Disturb).   It is an awesome initiative by TRAI.  Very valid use case as well.
    https://main.trai.gov.in/sites/default/files/RegulationUcc19072018_0.pdf.

    I'm not sure whether any other global Service Providers have used DLT based solution to solve any of their business problem.  Telecom service providers do sync up with each other's applications (either directly or by submitting requests to other operator) for Number Portability, Interconnect Settlement,  Subscriber location identification,  fraud control, etc.  I foresee that the DLT technologies will make inter operator data sync easier and faster.

    Best regards,
    Vimala

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    vimala arul
    TO BE VERIFIED
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