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From YouTube: Business Process Support for Consortial Blockchains

Description

László Gönczy, Budapest University of Technology and Economics (BME)

Business processes are a well-known way to capture collaboration logic among parties. The talk will show how to support business process modeling in consortial blockchain, incl. the automated generation of smart contract logic, so that business level decisions can be directly translated to the blockchain level. This “blockchainification” will bring the advantages of distributed ledger technologies to business collaborations. As a further benefit, the logic of smart contracts can be analyzed and high level test cases can be defined besides supporting portability across different consortial blockchains.

The talk will demonstrate the method in different business domains (supply chain finance, logistics, etc.) and give an example for synthesizing a process from event logs. The method is based on open source technologies (Camunda BPMN editor, Eclipse, Hyperledger Fabric/Composer).

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