►
From YouTube: Transforming Multi-party Processes with Amazon Managed Blockchain... - Forrest Colyer & Manish Dutta
Description
Transforming Multi-party Processes with Amazon Managed Blockchain and Alpha Ledger - Forrest Colyer, AWS & Manish Dutta, Alpha Ledger
In this session, learn how Amazon Web Services' customers are leveraging the Hyperledger Fabric framework through Amazon Managed Blockchain from Forrest Colyer, Blockchain Specialist Solutions Architect for Amazon Managed Blockchain. Then, Manish Dutta, Co-Founder and CEO of Alpha Ledger, will share how Alpha Ledger is using Amazon Managed Blockchain to transform the debt financing markets.
Session Details & Slides (if available)- https://sched.co/jlzb
Access All Sessions: https://events.linuxfoundation.org/hyperledger-global-forum/program/schedule/
----
Hyperledger – Open Source Blockchain Technologies
Hyperledger is an open source community focused on developing a suite of stable frameworks, tools and libraries for enterprise-grade blockchain deployments.
It serves as a neutral home for various distributed ledger frameworks including Hyperledger Besu, Fabric, Sawtooth, Indy, as well as tools like Hyperledger Avalon, Cactus and libraries like Hyperledger Aries, Ursa. Learn more about Hyperledger projects: https://www.hyperledger.org/use
Case Studies: https://www.hyperledger.org/learn/case-studies
Training & Certification: https://www.hyperledger.org/learn/training
Tutorials: https://www.hyperledger.org/use/tutorials
Webinars: https://www.hyperledger.org/learn/webinars
Events: https://www.hyperledger.org/events
Vendor Directory: https://www.hyperledger.org/use/vendor-directory
Subscribe to the Hyperledger Newsletter: https://www.hyperledger.org/newsletter
Follow-us on Twitter @Hyperledger
Learn about Hyperledger Membership: https://www.hyperledger.org/about/join
A
All
right
all
right,
we're
at
1
10
here,
1
10
p.m,
eastern
time,
so
we're
gonna
go
ahead
and
get
started.
First
of
all,
I
just
want
to
say
hello
and
thanks
for
taking
the
time
to
join
today's
session,
I'm
really
excited
to
talk
about
how
the
amazon
managed
blockchain
service
can
accelerate
blockchain
experimentation
and
adoption
for
aws
customers
as
they
work
to
transform
multi-party
business
processes
with
blockchain.
A
A
Now,
when
you
embark
on
your
blockchain
journey,
the
prerequisite
step
is,
you
know,
regardless
of
whether
you're
building
a
proof
of
concept,
you're
doing
a
multi-organizational
pilot
or
if
you're,
going
to
production.
You've
got
to
build
your
initial
blockchain
network.
You've
got
to
set
up
the
infrastructure
at
that
very
base
layer,
so
setting
up
your
hyperledger
fabric
network
connecting
to
a
public
network
whatever
that
may
be,
and
that
process
can
be
complex
and
require
quite
a
lot
of
of
effort
to
do
so.
A
The
challenge
of
setting
up
a
you
know
some
that
base
blockchain
infrastructure
often
stands
in
the
way
of
building
out
those
use
case,
specific
components
for
a
given
solution
that
really
illustrate
the
value
of
blockchain
for
your
business,
so
whether
you're,
starting
with
a
private
blockchain
or
connecting
to
a
public
one
setting
up
that
blockchain
network
can
be
challenging.
Most
open
source
frameworks
require,
or
have
quite
a
lot
of
configuration
options
that
you've
got
to
walk
through.
A
They
require
you
to
stitch
together
quite
a
lot
of
infrastructure
to
get
started,
and
this
can
include
things
like
networking
configuration
testing
and
more
now
from
there.
As
you
start
to
grow
your
network
or
you're
expanding
your
poc
to
a
pilot,
it
can
be
hard
to
scale
that
network
and
apply
those
same
learnings
that
you
did
in
your
proof
of
concept
to
an
expanding
network,
whether
that's
adding
new
members
figuring
out
how
to
remove
old
members,
managing
growing
storage
requirements
or
compute
instance,
size
requirements
for
your
peers,
etc.
A
It
can
become
expensive
to
build
and
maintain
that
blockchain
network
itself
and
build
the
automation,
that's
required
to
establish
a
framework
for
this
going
forward,
and
so
with
these
challenges
as
a
backdrop
you
might
be
thinking,
you
know
it
would
be
valuable
to
have
a
service
that
will
take
care
of
these
underlying
blockchain
infrastructure
responsibilities
for
you.
So
you
can
focus
on
your
use
case
and
amazon
managed.
Blockchain
really
is
focused
on
doing
just
that.
A
So
what
is
amazon
manage
blockchain
at
its
very
basic
level?
Amazon
managed
blockchain
is
a
fully
managed
service.
We'll
talk
more
about
that
in
a
second.
That
makes
it
super
easy
to
create
and
manage
scalable
blockchain
networks
using
popular
open
source
frameworks,
that's
hyperledger
fabric
and
ethereum,
for
example.
So,
on
the
private
side
you
have
hyperledger
fabric
and
on
the
public
side
you
have
ethereum
now
in
terms
of
what
features
you
can
expect
from
these
particular
networks.
A
There
are
a
handful
of
things
that
I
think
are
are
really
important
to
talk
about,
so
let's
go
ahead
and
dive
into
those,
so
the
first
one
of
those
right
at
the
top
left
corner
of
the
screen.
Here
you
can
see
you
have
a
fully
managed
network
right.
Fully
managed,
basically
means
that
you
don't
have
to
worry
about
the
underlying
infrastructure.
You
can
set
it
up
in
in
minutes
versus
hours
or
days,
using
the
amazon
management
console
or
the
aws
management
console.
A
A
I
already
mentioned
a
couple
of
frameworks
that
are
supported,
but
there's
also
the
ability
to
democratically
govern
the
network
right.
So
in
hyperledger
fabric
you
can
add
or
remove
members
right.
You
can
add
a
new
member
to
the
network.
You
can
remove
members.
This
happens
via
voting
on
proposals
and
in
that
regard,
there's
functionality
built
into
the
service
here
to
help
facilitate
that
governance
process
and,
across
the
whole,
this
whole
service
right.
You
have
you
know.
A
A
Now
it's
also
valuable
to
note
that
this
amazon
managed
blockchain
service
integrates
very
tightly
with
other
aws
services
that
you
need.
So
you
have
all
the
services
at
your
disposal
in
your
tool
kit
to
build
out
use
cases
on
the
platform,
and
so
I'm
going
to
talk
a
little
bit
about
some
of
the
use
cases
that
you
might
be
able
to
to
see
in
in
the
service
next
here.
So
let's
go
ahead
and
dive
into
some
of
the
customer
references
how
actual
customers
are
using
the
service
here.
A
Now
the
use
of
physical
paper
records
and
the
manually
intensive
processing
that
goes
into
those
record
management
systems
today
presented
a
significant
opportunity
to
illustrate
the
value
proposition.
If
you
will
of
a
blockchain
based
solution
for
issuing
and
verifying
digitally
certified
records
to
residents
and
so
on.
One
end
riverside
county
officials
can
issue
on
this
system.
Pdf
records
or
pdf
files,
and
the
hash
of
said
file
is
recorded,
immutably
to
the
blockchain
network
and,
on
the
other
end
recipients.
A
Those
those
recipients
of
the
digital
records
can
very
easily
verify
the
authenticity
of
that
record
and
which
issuing
agency
gave
them
that
document
through
a
web
interface
that
essentially
compares
the
hash
of
the
provided
document
to
the
hash
stored
on
the
blockchain.
So
this
solution
was
used
to
illustrate
the
potential
operational
cost
savings
and
user
experience
benefits
for
the
residents
of
riverside
county
associated
with
implementing
a
digital
record
management
system
using
blockchain.
Moving
from
what
once
took,
maybe
weeks
to
issue
a
document
and
verify
that
to
a
nearly
instant
distribution
and
verification
of
those
documents.
A
Now
there's
one
more
use
case
I
want
to
talk
about
before
I
pass
it
over
to
manish,
and
that
use
case
is
you
know
another
one:
that's
using
blockchain
to
solve
for
a
manually,
intensive
multi-party
business
process
and
that's
related
to
airlink.
So
airlink
is
a
seattle-based
startup.
That's
focused
on
transforming
the
aircraft,
leasing
and
financing
industry.
A
Now
close
to
half
of
the
world's
freight
aircraft
are
leased
in
a
multi-party
business
process
involving
lessors,
lessees,
etc,
and
the
business
processes
involved
in
that
leasing
process
are
very
manually,
intensive
and
subject
to
errors
that
are
wrought
from
the
lack
of
a
single
system
of
records
shared
amongst
the
parties
right,
so
everyone's
keeping
their
own
records
and,
of
course,
reconciling
those
errors
can
take
time
reconciling
disputes.
That
is
one
such
process.
In
this
you
know
larger
aircraft
leasing.
A
Space
is
the
process
of
maintenance
reserve
billing
or
mr
billing,
we'll
call
it
maintenance
reserve
billing
for
the
session
where
a
lessee
operating
a
leased
aircraft
must
deposit
funds
into
an
account
held
by
the
lessor,
so
the
person
who
is
lending
the
aircraft
to
pay
for
required
scheduled
maintenance
activities.
These
are
often
mandated
by
regulators
and
compliance
standards
in
the
the
aircraft
industry.
Today,
this
process
is
manual
in
nature
and
there's
an
agreement.
There's
payments
being
facilitated
information
being
shared
and
discrepancies
between
party
systems
of
record
must
be
manually
resolved,
which
takes
time.
A
However,
using
hyperledger
fabric
on
amazon
managed,
blockchain
airlink
was
able
to
partner
with
tech
mahindra
to
develop
a
proof-of-concept
blockchain
solution
that
can
manage
the
process
of
maintenance
reserve
billing
on
a
unified
system
of
record
between
multiple
parties
that
are
involved
in
the
process,
the
solution,
utilizes
chain
code
or
smart
contracts
to
more
or
less
automate.
The
manual
processes
that
we
once
had
to
provide
a
unified
system
of
record
with
role-based
access
control
to
make
sure
data
privacy
is
taken
into
consideration
and
the
parties
are
able
to.
A
You
know
collaborate
on
lease
contracts
much
more
efficiently
in
this
ecosystem.
So
those
are
just
a
couple
of
examples
of
how
hyper
ledger
fabric
on
amazon
manage
blockchains
being
used
in
industry,
to
you,
know,
accelerate
proof
of
concept
and
pilot
solutions
and
how
blockchain,
like
hyperledger
fabric,
is
being
applied
to
these
business
challenges.
That
being
said,
I
want
to
pass
it
over
to
manish,
like
I
said
before,
the
ceo
and
co-founder
of
alpha
ledger
to
talk
about
bond
marketplace.
B
B
Window
all
right,
can
everybody
see
my
screen
excellent?
Well
excellent.
So
thank
you
again
for
us.
So
before
I
talk
about
alpha
ledger
the
utilization
of
blockchain
by
alpha
ledger
the
importance
of
amazon,
managed
blockchain
service
and
how
we
became
the
first
firm
in
the
u.s
to
record
municipal
loans
on
blockchain
platform.
B
B
Bonds.
Do
all
the
heavy
lifting
this
market
is
what
enables
governments,
at
both
federal
and
local
levels,
to
borrow
money
for
infrastructure
development
like
roads,
bridges,
power
plants
and
much
more
for
companies.
It
allows
them
to
invest
in
their
r
d
and
develop
all
sorts
of
cool
tech
for
such
an
important
market
and
with
sheer
size.
You'd.
B
Let
me
compare
the
us
municipal
bond
market
to
the
cryptocurrency
market,
a
marketplace
unencumbered
by
four
centuries
of
legacy
processes.
As
you
can
see,
the
global
crypto
market
is
valued
at
about
1.6
trillion.
It
fluctuates
depending
on
the
bitcoin
and
in
the
u.s
market.
Municipal
market
is
valued
at
3.9
trillion
dollars,
which
is
roughly
eight
percent
of
the
total
u.s
bond
market.
B
B
This
is
all
part
of
the
non-defense
infrastructure
and
according
to
2021
report
card
on
america's
infrastructure,
from
the
american
society
of
civil
engineers,
the
u.s
gets
an
upgrade
c
minus
it
used
to
be
d
plus,
so
things
are
surely
looking
up.
There
is
an
obvious
need
for
us
to
upgrade
our
infrastructure
and
for
the
us
government.
They
need
to
spend
another
2.9
trillion
dollars
to
bring
the
infrastructure
to
par.
B
So
everyone
in
blockchain
the
crypto
space
needs
to
be
aware
of
the
us
municipal
market,
which
is
the
fundamental
market
for
sustainability
due
to
the
direct
impact
of
infrastructure
projects.
So
on
one
hand
we
have
the
crypto
market,
which
is
digital
in
nature,
operates
24
7.
I
can
get
on
my
phone
or
any
device
click
a
button,
and
I
can
transact.
There
is
no
minimum
size
and
it
happens
instantly.
B
It
is
that
easy.
On
the
other
hand,
if
I
want
to
buy
a
bond
well,
I
have
to
know
a
person
that
I
can
call
better.
I
have
to
know
a
person
that
I
can
call
that
has
to
be
a
broker,
and
on
top
of
that,
I
need
to
spend
at
least
five
thousand
dollars
to
invest,
and
then
the
broker
has
to
find
the
right
bond
for
me
to
purchase.
B
B
B
B
B
B
B
B
B
B
B
B
B
The
key
to
re-architecting,
the
bond
origination
and
trading
process
from
a
technical
standpoint
is
to
ensure
that
we
start
afresh
and
build
on
capabilities
at
alpha
ledger.
We
have
effectively
broken
down
each
step
and
mapped
its
journey
from
origination
to
distribution,
settlement
and
custody
and,
in
the
long
run,
incorporation
of
the
crypto
market.
B
B
The
ability
to
readily
extend
our
nodes
without
having
to
build
or
manage
the
physical
infrastructure
and
for
the
node
holders
to
extend
their
capabilities
is
what
makes
amazon
manage.
Blockchain
a
critical
component
of
our
offering
the
combination
of
process
change
and
the
adoption
of
purpose-built
technology
is
what
allows
issuers
to
interface
directly
with
the
investors
to
originate
digital
asset
bonds
on
our
blockchain
platform.
B
A
Excellent,
thank
you
manish
yeah,
so
at
this
point
in
time,
at
about
five
to
the
end
of
the
session,
I've
noticed
there
are
a
couple
of
questions
that
have
come
in
here
in
the
chat
and
on
the
q,
a
side
so
we'll
go
ahead
and
address
those
here.
The
first
one
looks
like
from
the
beginning
of
the
session.
How
can
I
get
help
using
amazon
managed
blockchain
for
my
proof
of
concept?
Are
there
resources
available
to
assist
me?
So?
Yes,
there
are
resources
available
to
assist
with
amazon,
managed,
blockchain
related
requests.
A
One
of
my
main
roles
is
to
you
know,
interact
with
with
customers
or
prospective
customers
to
help
you
design
your
architecture,
learn
more
about
the
service
and
its
features,
and
so
you
can
head
over
to
the
product
main
page.
I
can.
What
I'll
do
is
I'll
put
that
into
the
the
slide
deck
when
I
post
it
as
a
pdf,
you
can
download
there'll
be
a
link
to
that
in
the
chat
from
james
berry,
the
moderator
of
the
session
today.
A
That
way,
you
can
get
a
link
directly
to
to
reach
out
to
our
team
on
the
aws
side
and
then
there's
another
question
here
from
claudio
cebios
pass.
I
hope
I
pronounced
your
name
correctly.
My
apologies,
if
not
do
you
know
when
aws
is
going
to
support
fabric
2.0
plus
so
that
the
2.x
releases,
and
so
what
I
can
tell
you
on
on
that
front
from
the
amazon
managed
blockchain
side.
Is
that
we're
we're
tracking
the
releases
in
the
hyperledger
fabric
world
know
it's
a
priority
and
then
it's
important
for
customers.
A
So
it's
something
that
we're
actively
working
on.
I
don't
have
a
specific
date
to
share
with
you,
but
I
would
be
happy
to
meet
with
you
and
your
team
to
talk
more
about
your
requirements
for
hyperledger
fabric
and
to
give
you
some
some
more
detail
there,
as
needed,
so
feel
free
to
to
reach
out
to
either
myself
directly
or
to
us
through
the
public
product
page
on
the
aws
website
and
folks,
if
we
have
four
minutes
left.
A
So
if
there
any
questions
either
for
myself
on
the
amazon,
managed,
blockchain
or
aws
side
or
manish
from
the
alpha
ledger's
side
about
the
the
bond
musical
bond
solution
feel
free
to
ask
those
in
the
q
a
section
or
in
the
chat.
We'd,
be
happy
to
hang
out
here
until
then.
Make
sure
that
you
get
your
questions
answered,
but
thanks
so
much
for
for
joining
us
today.
If
there
are
no
other
questions.
B
Always
tough
to
sort
of
raise
hands
and
ask
questions,
but
I
mean
the
one
thing:
the
one
thing
I
would
I
would
share
with
the
group
that
still
listen
is
you
know,
as
we
have
built
alpha
ledger
and
as
we
have
sort
of
utilized,
the
amazon
managed
blockchain.
We
start
with
with
effectively
building
our
own
infrastructure
and
we're
the
first
ones
to
really
adopt
it's
really
taken
taken
a
different
life.
It.
A
Amazing
yeah,
I
know
it's
been
great
to
watch
you
know,
customers
and
and
and
collaborators
such
as
as
alpha
ledger,
building
solutions
that
really
move
the
needle
on
some
of
these
processes
that
that
definitely
need
a
modern.
You
know
modern
innovation
to
help
improve.
So
it's
been.
It's
been
amazing
to
watch
that
unfold
in
the
space
yeah.