Introduction, Adoption And challenges Blockchain IMPACT-2018 A National Conference by CSI Introduction, Adoption And challenges

Amey Rajput AGENDA Introduction Adoption Challenges What is it? Why is it unique? How should I think about it? Blockchain Business Unit, Tech Mahindra, Hyderabad Qualifications: B. E. Mechanical – Mumbai University MBA – Indian School of Business Who is driving the adoption? What are the leader’s opinions? Considering all the hype why don’t I see implementations?

Introduction - Blockchain Blockchain – It’s an online distributed ledger that keeps track of all transactions, creating a dynamic chain of inter connected blocks that store valuable information Smart Contract Reduces time and cost Shared Ledger Brings Transparency and immutability Encrypted Records Privacy Reduces Risk Consensus Secure Builds trust

Sample Ledger

Blockchain Is Not Suited for high-performance transactions (milliseconds) A solution for one participant, i.e., no business network A replicated database replacement A messaging solution A transaction processing replacement Suited for low-value, high-volume transactions While Blockchain is seen as technology that would solve a number of business problems, it has its own limitations as well !

Adoption Blockchain Technology is in the early adopters stage at present. In 2017, we have seen that most POCs were completed and we expect live implementation to be start this year. 2008 Industry Adoption 2013 2022 Innovators Early Adopters Early Majority Later Majority Laggards 2017 Blockchain market size is expected to grow from USD 411.5 Million in 2017 to USD 7,683.7 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 79.6%. https://dusil.com/2017/07/27/adel-opinion-from-blockchain-innovation-to-ownership/ Market sand Markets Report 2017

Challenges Number of Transactions are Limited Protocols Not defined Legal Requirements – Smart Contracts & Signatures Interoperability Constraint Long time to see results Regulatory Acceptance

Industry Use Cases Automotive / Logistics Warranty Services Demurrage IoT + Supply chain BFSI Cross-border payments IT Audit trail Invoice discounting Trade Finance Loyalty Points Manufacturing / Consumer Goods P2P Process (IoT + Blockchain) Supply Chain Provenance Oil & Gas Supply Chain Finance Trade Finance Healthcare & Lifesciences Patient Health Records Drug Anti Counterfeit E-KYC Government Land registration Vehicle registration Deptt. of Industries

THANK YOU ameyrajput@gmail.com