►
Description
A virtual meetup hosted by Hyperledger Pune on October 9, 2020 featuring:
Hyperledger Fabric powered Use Case & MVP Presentation
Anshul Jain, Co-founder HECOD
Kaustubh Padakannaya, Co-founder Pyse
Panel Discussion
Brian Behlendorf, Executive Director Hyperledger, The Linux Foundation
Shyam Nagarajan, Director, Go To Market Blockchain Networks, IBM Services
Rajesh Dhuddu, VP & Practice Leader-Blockchain & Cybersecurity Tech Mahindra
Murali Sappa, Vice President of Engineering at Chainyard
More about the event is at: https://www.meetup.com/Hyperledger-Pune/events/273720156/
----
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
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#Hyperledger #HyperledgerMeetups #Blockchain
B
A
The
kind
of
educating
and
awareness
about
the
blockchain
hype
to
production
network
so
like
when
we
talk
and
educate
the
industries
and
the
business
people
there
is
confusion
to
the
blockchain
is
just
like
what
gartner
cycle
says.
So
there
is
no
kind
of
maturity,
is
not
in
the
technology,
so
to
kind
of
educate
the
industry
and
people.
A
How
this
scenario
is
changed
in
the
last
couple
of
years
and
how
hyperledger
technology
in
hyperledger
fabric
is
contributing
and
change
this
thinking,
so
in
starting
two
sessions,
ibm
techmahdra,
chanyard
and
other
companies
presented
their
production,
global
networks
and
trust.
Your
supplier
future
takes
a
snapshot
and
many
solutions
presented.
Then,
in
the
third
series
fabric
contributor
talked
about
the
how
the
hyperledger
fabric
technology
changed
in
a
couple
of
years
like
adding
the
different
features,
different
concepts
mechanism
and
all
about.
So
this
four
series
is
talk
to
give
the
update
about
the
now.
A
D
D
So,
a
little
bit
about
heck
out
echo
is
working
on
personally
connected
electronic
health
records
management
system
with
blockchain
technology
and
a
patient
management
system
to
make
medical
practice
easier.
Our
majors
are
major
focuses
on
maintaining
health
records
digitally,
so
the
patients
can
get
their
health
records
at
one
tap
anytime
anywhere
in
the
world.
D
D
D
Now,
if
I
talk
about
the
healthcare
market,
the
healthcare
market
is
not
very
well
established
in
india
and
there
are
a
lot
of
problems
with
it.
The
problems
come
like
complexity
with
the
health
records
due
to
the
very
nature
of
the
centralized
healthcare
system.
Complexities
over
regard
keeping
and
communication
can
be
hindered.
The
records
are
also
sometimes
lost
and
unfortunately,
the
patients
have
to
pay
in
the
end.
D
If,
if
I
talk
about
a
country
where
there
is
no
centralized
system,
the
patients
have
to
carry
a
physical
record
to
every
organization
that
they
go
through.
If,
as
far
as
a
patient
patient
I
have
to
consult
another
doctor,
then
I
will
have
to
either
carry
all
the
documents
or
get
everything
checked
up
again.
D
D
Then
we
have
the
problem
of
fragmented
health
record
again.
If
I
talk
about
different
healthcare
institutions
like
let's
say
two
big
hospital
chains,
they
have
their
own
ehr
platform,
but
they
do
not.
The
hr
and
patient
management
services
are
not
interconnected,
which
means
that
the
data
is
shared
freely
within
the
organization,
but
the
patient
doesn't
have
access
to
it.
D
D
D
D
So
I
just
want
to
shed
light
on
how
big
this
issue
is,
because
the
patient,
the
software's,
even
if
they're,
cost
effective
or
they
are
easy
to
use.
They
are
not
as
good
as
they
should
be
in
terms
of
medical
previously,
because
medical
data,
as
we
know,
is
very
sensitive
now
coming
to
the
proposed
solution,
how
he
could
helps
at
record.
We
are,
we
are
including
every
medical
agent
which
includes
doctors,
laboratories,
pharmacies,
medical
insurance,
lender
and
bringing
them
under
a
bunch
of
products
that
are
interconnected
to
blockchain.
D
D
They
are
secure
and
cost
efficient
because
we
are
implementing
this
on
a
blockchain
and
they're
highly
efficient
because,
as
we
estimated
it
almost
cause
saves
a
particular
doctor,
twenty
percent
per
of
the
time
per
visit
when
they
are
using
a
software
like
this
and
in
india.
Very
less
number
of
doctors
are
actually
using
practice
management
software
during
their
practice.
D
Our
first
product
is
our
smart
health
care
management
solution.
It
is
essentially
a
patient
management
system
and
it
has
the
classic
patient
kiosk
check-in.
It
has.
It
is
integrated
with
a
laboratory
management
system,
smart
inventory
management
system
for
the
hospital
and
medical
billing
software
as
well.
So
we
are
bringing
every
software
that
hospital
organization
needs
under
a
single
software
which,
for
which
the
for
which
the
permission
can
be
granted
based
on
the
needs
of
the
particular
hospital.
D
This
is
a
an
overview
of
how
the
software
looks
since
it's
a
full-fledged
patient
practice
management
system
and
in
emr
basically,
and
it
can
be
customized
on
the
basis
of
the
practice
and
options
can
be
removed
and
added
as
per
choice
and
billing,
then
other
one
is
the
consumer
health
app.
The
consumer
health
app
is
essentially
for
the
patients
to
access
their
digitized
medical
records
so
that
so
the
discharge
medical
records
which
are
available
to
them
by
the
doctor.
D
This
is
a
mock-up
of
our
consumer
health
application.
The
first
one
is
the
home
page
and
is
the
user
profile.
Third
is
how
test
doctors
and
medications
can
be
booked,
and
fourth,
one
is
how
they
can
access
their
own
medical
records,
which
is
segregated
into
different
sections,
and
everything
is
digitized,
not
photographed,
but
digitized.
D
Or
the
players
who
have
a
grip
on
the
market
are
not
essentially
changing
their
product.
According
to
the
doctor's
workflow,
a
lot
of
markets
stay
a
lot
of
doctors
in
the
market
stay
away
from
these
products,
then
benefits
of
record
includes
an
extended
user
control.
Since
you're
using
blockchain,
the
patient
becomes
the
owner
of
their
own
data,
which
is
which
is
not
yet
been
done,
and
they
can
grant
access
and
revoke
access
in
a
secure
and
efficient
manner.
D
Then
the
health
data
revolution
is
coming
because
we're
bringing
it
in
as
we
are
making
the
data
available
from
multiple
different
organizations,
and
yet
we
are
not
centralizing
it
like
countries
like
canada
have
tried
to
do.
We
are
decentralizing
it
which
is
providing
it
with
more
security
for
the
data
more
reliability,
and
yet
it
is
available
to
every
healthcare
organization
which
the
patient
wants
to
be
with.
D
Then,
with
the
help
of
a
blocker
of
the
blockchain,
the
intercon
clinical
communication
is
also
increasing,
as
most
of
as
when
the
patient's
data
is
available
to
two
different
doctors.
They
can
actually
access
it,
which
has
not
yet
been
done
as
every
organization
uses
their
own
patient
management
system
and
most
organizers
organizations
do
not
use
any.
D
D
So
there
you
are
using
hyperledger,
because
it's
private
and
permission
blockchain,
there's
no
unknown
identities,
can
access
the
data
again.
Increased
data
protection
due
to
permission,
nature,
interoperability,
which
is
very
important
for
any
healthcare
organization
and
multiple
of
healthcare
organization
as
well.
Then
again,
less
competition
is
required
for
transactions,
which
makes
it
more
feasible
in
terms
of
cost.
D
Organizations
can
access
the
patient's
data
when
the
patient
wants
him
to,
for
example,
if
I
am
a
doctor-
and
you
are
a
patient,
you
can
access,
you
can
give
me
time
based
access
to
so
that
I
can
access
your
data.
I
can
go
through
it,
I
can
read
it
and
I
can
append
it,
but
it's
on
your
call
when
you
want
me
to
do
it,
so
we
are
essentially
giving
the
patient
the
complete
command
over
their
data,
but
this
is
how
it
looks.
D
This
is
the
kind
of
organizations
that
you
are
trying
to
include
it's
english,
patient
hospital
pharmacies,
insurance
and
then
the
application
that
we
have
are
emr,
a
consumer
health
app
and
a
medical
inventory
management
solution
and
a
medical
billing
software.
It
all
goes
through
and
all
the
organizations
get
connected
to
each
other
through
the
blockchain.
D
So
so
the
first
use
case
for
our
practice,
the
decentralized
medical
records
and
interoperability.
Medical
organization
generally
have
different
hr
vendors,
which
makes
it
inaccessible
to
the
patient.
The
data
stays
with
a
particular
organization,
but
the
patient
can
cannot
really
access
it
if
they
want
to
access
it,
they
need
to
go
to.
They
need
to
visit
the
organization,
get
a
physical
copy
and
then
take
it
to
another
organization.
D
D
D
Now
again
in
2090
seeking
multiple
opinions
has
become
a
preferred
way
and
a
preferred
course
of
action
as
well,
but
it
is
being
hampered
by
the
current
hr
solutions,
because
every
organization
has
a
because
every
organization
has
a
private
practice
management
solution
and
which,
due
to
which
the
patient
does
not
really
have
an
access
to
their
data.
Also,
these
softwares
are
highly
insecure,
unsecure
since
the
patient
do
not
actually
control
the
data
and
due
to
these
medical,
since
the
patient
does
not
directly
control
the
data.
D
The
solution
that
we
are
trying
to
bring
in
for
this
is
that,
with
the
access
we
are
giving
the
control
to
the
patient
instead
of
the
organization.
We
are
bringing
everything
online
and
nothing
is
on
premise
for
any
of
our
clients,
which
makes
the
patient
the
owner
of
the
data
and
the
patient
can
grant
access
to
whatever
organization
they
want
to.
It
could
be
a
hospital,
a
small
clinic,
a
laboratory,
and
it's
it's
in
the
hand
of
the
patient
and
not
the
particular
organization.
D
Third
use
cases
again.
The
patient
privacy
and
data
ownership.
Patient
previously,
is
the
cornerstone
of
the
good
medical
practice.
It's
important
for
both
doctors
and
patients.
Patients
give
their
true
medical
information,
but
the
hr
does
not
allow
patient
to
have
control
over
who
gets
to
see
which
portion
of
data.
D
So
if
I
visit
a
particular
organization-
and
they
do
not-
I
share
my
data
with
them.
I
don't
get
to
choose,
which
particular
doctor
or
which
particular
lab
should
see
my
data.
The
organization
decides
this
again,
but
this
should
this
shouldn't
be
this
way
and
to
do
that.
What
we
are
trying
to
do
is
that
we
are
the
patients
that
we
are
trying
to
make
sure
that
the
patient's
data
is
not
not
accessible
directly
on
the
blockchain,
but
as
but
it's
rather
gets
accessed
by
any
medical
organization.
A
D
A
A
E
Okay,
great
great
well,
once
again
thanks
a
lot
kamala
thanks
for
the
hyperledger
team.
This
is
the
second
time
we're
coming
in
into
a
hyperledger
presentation.
The
first
time
we
came
in
with
some
overwhelming
response,
so
yeah
once
again,
thanks
a
lot.
We'll
start
with
that.
So
just
to
introduce
myself
right,
I'm
a
co-founder
of
a
brand
new
fintech
company
called
pisa.
E
We
basically
started
off
about
seven
months
back
in
the
most
basic
terms.
If
I
were
to
explain
what
we
do,
I
basically
say
that
we
create
a
brand
new
avenue
for
retail
investors
like
you
and
me
to
invest
into
sustainability
based
projects
right,
like
companies
rightfully
told
are
things
like
renewable
energy,
electric
mobility,
urban
agriculture
and
things
like
that
right
projects
that
contribute
to
social
and
environmental
impact
positively.
E
We
basically
wanted
to
create
a
product
where
people
could
really
attach
to
that
instrument,
not
really
think
of
it
as
being
just
another
investment
platform,
but
being
something
that
they
actually
care
about
and
relate
to
a
being
in
the
sustainability
sector
itself.
There
have
been
quite
a
lot
of
startups
that
have
come
in
in
fact,
fractional
ownership,
as
a
concept
itself,
has
been
tried
and
tested
quite
a
lot
of
models,
quite
a
lot
of
asset
classes,
but
what
we
really
focus
on
is
the
sustainability.
E
and
in
india,
you'll
see
about
67
million
retail
investors,
who's
willing
to
have
the
money
and
invest
in
projects
like
this.
The
scale
and
scope
like
this,
when
you
look
at
it
for
any
entrepreneur,
it's
basically
like
an
opportunity.
That's
going
to
be
missed,
so
you
really
want
to
get
in
solve
the
problem,
and
you
see
the
scale
there.
E
E
In
terms
of
running
this
whole
process,
end-to-end
there's
an
issue
because
a
lot
of
these
things
that
you
see,
because
it's
asset-backed
and
fractionalization
here
in
india
basically
means
it's
going
to
be
flooded
with
a
lot
of
paperwork
right
and
when
you're
talking
about
sustainability
in
general,
you
realize
that
there's
a
lot
of
impact
based
conversations
that
start
coming
in
right.
The
fact
that
you
use
solar
energy
over
any
other
form
of
energy
basically
means
you're
going
to
talk
about
the
amount
of
carbon
sequestered.
The
amount
of
green
has
a
greenhouse
gases.
E
That's
been
reduced.
The
amount
of
new
jobs
that
have
been
created
impact
factors
like
this
while
makes
sense
project
the
project
does
not
really
have
a
standardized
model
across
different
projects.
Right
so
you'll
see
different
people
coming
out
with
their
own
metrics
in
terms
of
how
they
define
impact
there's.
Once
again,
there
are
a
lot
of
sustainability,
focused
groups
in
india
right
easily.
When
we
went
through
google,
we
were
being
able
to
pinpoint
about
100
150
sustainability
groups
who
are
working
in
climate
action
today.
E
But
while
there
is
a
superficial
level
of
collaboration,
there
needs
to
be
some
form,
a
level
of
technology
that
needs
to
come
in
to
make
that
collaboration
even
more
substantial
right
and,
most
importantly,
when
it
comes
to
finance
and
fintech
based
applications,
there's
quite
simply
a
lack
of
regulatory
model
between
the
technology
and
the
regulators
itself.
Right,
especially
when
we
talk
about
asset
fractionalization
and
asset
ownership.
E
So
looking
at
these
problems
in
the
sustainability
sector,
we
basically
framed
our
own
problem
statement
right
what
we
were
going
to
solve.
We
realized
there
are
three
basic
problems
that
we're
going
to
solve.
First
and
foremost,
we
wanted
to
create
an
alternative
investment
product
keeping
sustainability
as
a
core
of
our
offering
right
the
problem
with
sustainability
based
products.
Is
it's
not
exactly
a
default
choice
for
people?
The
entry
barrier
for
a
lot
of
them
is
very
high.
E
Now,
no
one
really
wakes
up
in
the
morning
and
says:
hey,
listen,
I'm
just
going
to
sell
my
patrol
scooter
and
go
buy
an
electric
vehicle
because
it
costs
anywhere
between
a
lakh
like
and
a
half
compared
to
the
25
000
that
it
would
take
to
buy.
You
know
a
patrol
based
scooter,
fossil
fuel
based
cooked
scooter.
E
The
second
thing
is
obviously
record
keeping
and
management
and
audits
right
in
the
most
bare
bones
of
asset
fractionalization
you'll
realize
that
it
comes
down
to
the
basic
paperwork
that
you've
been
used
to
a
lot
of
times.
People
come
in
as
partners
into
the
companies,
their
signatures.
There's
authorities
there
is
notarization.
E
There
is
the
regulators
in
the
middle
there's
a
lot
of
paperwork
that
comes
in
and,
most
importantly,
impact
being
sustainability
being
the
core
of
what
we
are
offering.
We
really
wanted
to
create
a
product
with
the
technology
that
we're
building
to
standardize
the
understanding
of
impact
itself
right
and
how
we
could
bring
in
accountability
into
these
projects
to
see
hey,
listen,
how
do
these
projects
start
maximizing
their
impact
goals,
and
how
can
we
track
them
right
with
all
of
this
blockchain?
E
E
Initially,
it
started
off
being
cryptocurrency
and
ideally
people
just
equated
blockchain
to
cryptocurrency.
One
is
to
one,
but
when
technology
started
evolving,
you
had
ethereum
coming
in,
you
had
hyperledger
doing
some
fabulous
job
between
2015
to
2019,
with
a
lot
of
companies
like
walmart
and
ibm
coming
in
and
starting
to
push
the
idea
of
blockchain
as
an
enterprise
solution,
people
started
looking
at
blockchain
being
more
than
just
a
cryptocurrency.
They
realize
that
there's
an
actual
business
use
case
that
you
could
solve
using
blockchain
for
us.
E
The
two
most
important
principles
of
blockchain
that
we
are
using
is
ideally
tokenization
and
the
idea
of
collaboration
itself
right.
The
idea
of
collaborative
networks
now
to
solve
our
first
biggest
problem
right,
the
fact
that
we're
doing
fractional
ownership
of
assets,
what
we
really
wanted
to
create
was
to
create
a
basic
blueprint
right
now,
in
paise
itself,
we
are
hosting
a
wide
variety
of
asset
classes
on
the
platform,
each
of
them
having
its
own.
You
know
pros
and
cons.
You
have
renewable
energy
investments
which
are
more
like
long-term
investments.
E
Right,
you
have
solar
energy.
You
have
wind
energy
fractionalizing
that
looks
at
a
longer
period
of
time,
because
the
asset
life's
life
cycle
itself
is
about
10
to
20
years.
You
also
have
invoice
discounting,
which
is
something
we're
looking
at,
which
are
basically
invoices
race
towards
green
projects,
which
are
mostly
short-term,
and
then
you
have
electric
mobility
which
is
midterm,
and
then
urban
agriculture,
which
is
again
midterm
all
of
these
asset
classes.
E
When
you
look
at
it
are
basically
revenue
generating
assets
right,
the
underlying
asset,
irrespective
of
what
it
is,
it
will
just
end
up
being
a
revenue
generating
asset
right.
So
why
don't
we
just
blueprint
the
process
of
ownership
right?
Does
it
really
matter
for
me,
while
auditing
to
know
whether
it's
a
renewable
energy
asset
or
a
green
invoicing
asset
or
an
electric
mobility
asset
or
an
urban
agriculture
asset,
because
at
the
end
of
the
day,
the
basic
properties
of
the
asset
are
common
across
all
of
the
asset
classes?
E
There's
the
amount
of
term
that
it
is
surviving
right,
which
is
basically
the
asset
life
cycle.
You
basically
have
the
returns
that
it
gives.
You
basically
are
the
number
of
people
who
could
own
that
asset.
So
what
we
ended
up
doing
is
we
started
thinking
of
ourself
as
a
fractionalization
as
a
service
company
right,
we
believed
in
the
idea
of
that
internet
of
value
model.
E
What
we
felt
was
if
we
could
abstract
the
kind
of
asset
classes
that
we
have
using
blockchain
itself
right
if
we
could
tokenize
some
of
these
assets
and
keep
only
the
bare
bones
essentials
of
being
just
that
financial
product,
we
could
basically
streamline
this
whole
process
in
terms
of
buying
selling
and
transfer
of
ownership
right.
So,
in
the
most
basic
terms,
how
our
tokenization
model
works
is
pretty
simple.
What
we
basically
do
is
we
create
an
identity
token
for
every
asset
right,
an
identity.
E
Token
is
basically
a
digital
representation
of
a
physical
asset.
It
has
some
of
the
bare
bones,
essential
information
of
that
asset
itself,
which
is
basically
saying
characteristics
like
the
rate
of
return,
the
period
when
it
was
instantiated.
When
is
it
going
to
end
right
and
the
list
of
all
the
owners
of
that
asset
itself?
An
identity
token
associates
with
only
one
asset
and
there's
only
one
token
per
asset
right,
and
it's
not
fungible.
E
Every
identity,
token
that
is
issued
for
the
asset
is
further
issued
with
100
ownership
tokens.
Now
the
number
100
is
chosen,
because
what
we
could
do
is
name
it
like
percentage
of
ownership.
So
100
tokens,
basically
that
presents
hundred
percent
ownership
and
if
you
owned,
one
percent
of
the
asset,
you
basically
own
one
ownership
token
right
now.
All
of
these
ownership
tokens
are
basically
fungible,
which
means
they
work
like
any
other
currency
right.
You
can
transfer
it
so
any
form
of
ownership
for
that
person
is
basically
identified
through
these
ownership
tokens
itself.
E
What
this
allows
us
to
do
is
to
basically
take
all
of
these
varieties
of
asset
classes.
Look
at
it,
look
at
all
of
them
as
just
digital
representations
and
tokens.
So
for
a
retail
buyer,
all
he
has
to
do
is
hey
listen.
I
just
saw
solar
energy
project
that
gives
me
12,
13
percent
return
per
annum.
You
know
what
I'm
just
gonna
buy
this
now
without
having
to
worry
about
all
of
the
paperwork
that
goes
at
the
back
of
it.
E
What
we've
done
is
because
there's
greater
level
of
accountability
and
auditability
that
comes
with
a
process
like
this.
We
are
able
to
automate
the
process
at
the
back
of
it
without
having
to
make
the
user
worry
about
it
right
and
what
we've
done
internally
as
an
implementation,
is
we've
created
and
user
wallet
which,
if
I
were
to
give
you
a
real-world
parallel,
would
be
something
very
similar
to
a
dmat
account
in
a
shareholder
right.
E
So
what
we
do
here
is
the
user
wallet
holds
all
of
the
ownership
tokens
across
the
different
asset
classes
and
on
a
month
on
month
basis
you
would
get
returns
basis
which
asset
and
how
many
tokens
you
own
for
that
asset.
Now
the
core
principles
of
what
we're
doing,
which
is
basically
as
fractionalization
and
ownership,
got
significantly
more
easier
in
a
model
like
this
for
us,
because
when
you
think
of
it
as
just
a
physical
process
itself
right,
we
think
of
it
as
partners
coming
into
companies
and
say:
hey,
listen!
E
E
Now,
we'll
delve
into
this
a
little
bit
more
while
we
answer
what
the
second
problem
is
right,
which
is
collaboration,
we
realized
that,
in
terms
of
climate
action
itself,
like
I
said,
there
are
hundreds
and
hundreds
of
climate
collaborative
companies
as
well
as
forums
that
are
working
towards
climate
change
itself
right
in
india
alone.
Like
I
said
when
I
googled
it,
I
could
easily
find
about
100
250
of
them.
E
What
lacks
over
here
is
the
understanding
and
a
proper
definition
of
what
impact
really
is
right
today,
the
fact
that
I'm
you
know,
there's
a
pandemic
and
no
one's
really
going
out.
I
could
basically
say
the
fact
that
I
used.
I
didn't
really
go
to
my
house
and
use
my
scooter.
I
basically
saved
this
much
amount
of
carbon
right
and
I
reduced
this
much
amount
of
greenhouse
gases.
There
isn't
exactly
a
proper
framework
in
terms
of
understanding
what
impact
really
is.
E
So
what
we
did
essentially
is
we
reached
out
to
a
lot
of
these
climate
collaborative
action,
companies
and
forums
right
and
we
went
down
to
them
and
I
say:
listen:
why
don't
we
really
sit
down
and
make
a
metric
that
can
be
understood
by
everyone
and
used
by
everyone
right?
How
exactly
can
we
bring
in
standardization
into
this
process?
E
Essentially,
what
we
wanted
to
do
was
to
create
a
measurability
factor
right
now
for
each
asset
class
you'll
realize
that
the
different
kinds
of
impact
that's
actually
created
for
solar.
If
you
take
example,
you
have
the
carbon
footprint
reduction,
there's
number
of
trees
planted,
there's
number
of
jobs
created
heavy
metal
sequester.
E
You
look
at
electric
mobility
and
you
start
looking
at
things
like
hey,
listen:
the
amount
of
carbon
dioxide
emission,
that's
reduced,
you
look
at
urban
agriculture
and
you'll,
see
the
amount
of
heavy
metal
usage.
That's
reduced.
The
amount
of
fertilizer
usage,
that's
reduced.
Each
asset
class
ends
up
having
its
own
impact
factors
right,
and
we
need
to
embrace
that
and
start
accounting
that
because
there's
some
genuine
value
to
it.
E
So
what
we
started
doing
was
for
every
rupee.
That
is
saved
due
to
the
carbon
footprint
reduction.
We
gave
it
something
called
a
thousand
impact
score,
so
15
rupees
for
every
one,
lakh
rupee,
that's
invested
into
a
solar
project.
You'd
realize
that
15
rupees
is
saved
on
carbon
footprint
reduction.
Four
rupees
is
saved
because
of
trees
planted.
Eight
rupees
are
saved
because
of
the
jobs
that's
created
and
there's
one
rupee,
that's
actually
saved
because
of
heavy
metal
sequester.
E
So
we
wanted
to
make
this
impact
accountable
and
standardized
across
different
asset
classes.
We're
in
conversations
right
now
with
about
five
to
six
climate
action
groups,
to
make
this
a
de
facto
standard
we're
working
alongside
with
them
to
see
how
we
can
standardize
this
process
and
one
of
the
things
that
we're
really
trying
to
do
right
now,
which
is
a
core-
and
you
know
core
value
for
us-
is
to
create
this
impact
consortium
right.
E
A
consortium
of
climate
action
groups
who
would
come
in
and
adopt
this
metric
as
a
de
facto
standard
across
different
green
projects
right
and
sustainability
based
projects,
and
it's
while
this
is
not
a
core
of
a
product.
This
is
something
that
we're
really
really
trying
to
trying
hard
to
push
forth
and
adopt
right,
because
the
more
people
that
come
into
a
platform
like
this
and
more
people
start
speaking
a
similar
language
of
impact.
You
realize
that
a
lot
more
people
are
going
to
start
seeing
impact
the
way
it
is
right.
E
Imagine
trying
to
take
out
a
carton
of
milk
right
turning
back
out
and
seeing
an
impact
score
of
100
points
or
200
points.
You
realize
that
for
every
packet
of
milk
that
you
buy
from,
let's
say
one
vendor
you're,
basically
creating
200
impacts,
go
because
you've
created
brand
new
jobs
because
of
it
now
impact
consortium
is
core
of
what
we're
doing
and
it's
possible
only
because
of
blockchain,
because
what
we
are
doing
right
now
is
on
boarding.
E
Some
of
these
climate
action
groups
onto
a
consortium
network
using
hyperledger
fabric
right
and
hyperledger
fabric
is
a
core
of
the
technology
that
we're
building
here
now.
Obviously
enough,
I'm
supposed
to
be
here
to
explain
to
you
and
sell
you
why
hyperledger
fabric
is
simple
and
why
it
is
the
right
solution
for
you
right
to
be
very
honest
and
frank.
E
The
amount
of
support
that
we
personally
got
from
the
community
right
right
now
versus
what
it
was
probably
two,
three
years
back
when
the
documentation
was
really
really
difficult
to
get
in
right.
The
position
that
we're
in
right
now
is
super
convenient
for
anyone
who
wants
to
look
at
collaborative
networks
as
a
default
choice
for
the
solution
right.
E
There
is
value
to
this
impact
score
that
I'm
talking
about
right
versus
me.
Just
going
around
and
telling
people
saying,
hey,
listen,
you're,
creating
200
impact
score
the
guy's
going
to
turn
back
and
say:
okay,
what's
in
it,
for
that,
you
know
what's
a
big
deal,
but
when
I
tell
him
that
there
are
10
other
groups
that
believe
in
the
same
idea,
there
are
10
other
people
that
measure
it
the
same
way,
there's
genuine
value
to
it.
E
So
there's
a
lot
of
credibility
that
can
grow
into
your
business
model
itself
by
the
use
of
blockchain
right
beyond
the
idea
of
saying,
hey,
listen!
Your
data
is
secure,
cryptographically
hashed.
All
of
that
story
makes
complete
sense
and
that
was
blockchain
as
understood
five
years
back.
We
already
know
this.
E
What
we
really
need
to
harness
right
now
is
build
unique
business
models
that
revolve
around
this
idea
of
consortiums
right
that
revolves
around
the
idea
of
collaboration
in
the
essence
of
what
we're
building
a
lot
of
our
core
principles,
aligned
very
well
with
hyperledger
technologies
right.
The
three
of
the
most
important
things
that
we
always
wanted
to
work
on
was
empowerment,
governance
and
democratization.
E
What
we
wanted
to
do
with
what
we
were
building
is
empower
both
people
who
are
investors
on
our
platform,
as
well
as
people
who
are
providing
the
assets
on
the
platform
right
now.
What
we
do
with
this
is
basically
provide
people.
Retail
investors
like
us,
the
opportunity
to
invest
in
sustainability,
but
at
the
same
time,
when
you
look
at
the
people
who
are
providing
these
assets
itself,
we're
providing
financial
tools
like
this,
so
that
we
can
finance
their
products
right
now.
E
Adoption
has
a
huge
capital
barrier
right,
but
investment
is
basically
you
investing
money
that
you've
already
saved
just
as
much
as
you've
saved,
so
we
allow
people
to
put
money
in
there
and,
at
the
same
time,
finance
a
lot
more
green
projects,
accelerating
the
growth
of
sustainable
solutions
and
accelerating
the
amount
of
adoption
that
takes
place
in
terms
of
sustainable
solutions,
in
fact
we're
in
conversations
with
a
lot
of
projects
in
terms
of
electric
mobility.
We
are
financing
about
200
electric
vehicle
batteries,
which
is
going
to
further
move
ahead.
E
The
bike
sharing
and
bike
rental
processes
here
in
bangalore
by
adoption
of
green.
You
know
projects.
We
also
have
governance,
which
brings
in
a
high
level
of
accountability
into
the
process
right,
which
is
the
core
of
what
blockchain
systems
are
and
finally
democratization
about.
Four
years
back,
sustainability
projects
were
being
financed
right.
It's
not
like.
We
are
the
first
ones
to
bring
in
financing
to
sustainable
projects,
but
what
we're
doing
right
now
is
bringing
sustainability
based
investments
down
to
retail
investors,
which
wouldn't
have
possibly
been.
E
E
It's
not
really
a
solution
when
all
solution
for
all
right,
you
don't
really
cut
down
on
the
paperwork.
That's
still
a
back-end
work,
that's
going
on,
but
what
we
believe
is
when
more
and
more
people
start
adopting
the
idea
of
tokenization
when
more
and
more
people
start
building
these
consortiums
regulators
at
the
end
of
the
day
must
understand
and
will
understand
the
value
of
using
technologies.
Like
this.
E
With
that
being
said,
we
are
currently
in
a
closed
beta.
We
are
housing
about
30
to
40
retail
investors
who
are
internally
buying
and
selling
assets.
We
haven't
really
made
it
public
right
now,
but
feel
free
to
go
to
pisces.in
at
any
time
drop
in
your
details.
So
we'll
get
back
in
touch
with
you,
we're
a
very
lean
and
agile
team
of
three
people.
E
A
C
Great
well,
thank
you
kamlish!
Thank
you,
costa.
I
I
obviously
we're
really
excited
about
the
application
of
hyperledger
technologies,
to
the
the
fight
against
climate
change
and
and
the
reinvention
of
the
way
that
electricity
markets
work.
So
I
was
really
fascinated
here
about
that
also
really
appreciative
of
the
conversation
about
the
application
of
blockchain
technology
to
healthcare
and
to
medical
records
that
was
actually
four
years
ago
when
I,
over
four
years
ago.
C
At
this
point,
when
I
started
with
hyperledger
one
of
the
areas
I
thought
would
be
most
transformed
by
the
application
of
distributed
ledger
technology
would
be
the
way
information
was
managed
in
the
health
I.t
space,
so
really
excited
to
see
that
picking
up
speed
in
india.
So
I'd
like
to
shift
over
now
and
spend
our
remaining
time
together,
the
the
next
40
minutes,
or
so
with
three
of
the
people
who
are
really
helping.
C
Take
this
technology
global
in
a
very
in
a
very
transformative
way
and
aligning
their
businesses
around
applying
that
technology
to
some
really
interesting
challenges.
So
I,
with
that,
I
I'd
like
to
introduce
three
individuals:
who'll
be
joining
us
for
a
panel
conversation
about
that
impact.
I'd
like
to
start
with
shyam
nagarajan
who's,
the
director
of
go
to
market
blockchain
networks
for
ibm
services.
Also
joining
us
will
be
rajesh,
dudu,
who's,
the
vp
and
practice
leader
for
blockchain,
and
cyber
security
at
tech,
mahindra
and
finally,
murali
suppa
who's.
C
Vice
president
of
engineering
at
chain
yard
and
ibm
tech,
mahindra
and
chain
yard
are
all
members
of
hyperledger
ibm,
of
course,
being
one
of
the
the
founding
ones
and
and
working
very
closely
with
both
chain
yard
and
tech
mahindra
on
different
projects.
So
I'm
really
excited
to
have
the
three
of
you
here.
Why
don't
we
start
with
cheyenne?
C
If
you
could
talk
a
little
bit
about
some
of
the
work
that
that
you've
been
doing
with
at
ibm
with
with
hyperledger
technologies,
just
to
give
us
a
flavor
and
then
I'll
I'll
hand,
the
mic
to
the
other
two
as
well
afterward,
but
just
spend
a
few
minutes
telling
us
more
about
kind
of
your.
Your
the
the
different
projects.
You've
been
involved
in.
F
All
right,
thank
you,
brian.
It's
interesting
my
journey
into
blockchain
and
I
believe
here
has
been
it's
three
and
a
half
four
years,
so
almost
the
same
time
as
you've
been
right.
Ever
since
we
started
the
decision
on
we
needed
to
have
a
blockchain
for
business,
and
that
needs
to
be
run
from
the
open
source
organization.
F
That's
when
it
started
since
then
we
probably
have
engaged
with
about
200
2,
500
plus
clients
around
the
world,
doing
different
engagements
all
the
way
from
hey.
I
just
want
to
know
what
blockchain
has
helped
me
figure
it
out
at
a
poc
level
and
technology
level
to
okay.
I
know
what
it
can
do,
but
I
want
to
do
it
at
a
industry
level.
I
want
to
do
it
as
a
differentiator
for
my
organization,
so
help
me
build
this
into
our
production
level.
Application
as
of
today
and
jerry
would
I
tested.
F
We
have
1100
plus
blockchain
networks,
running
on
our
infrastructure
and
as
well
as
a
good
portion
of
them
in
production,
doing
active
live
transactions
for
themselves
and
their
customers,
so
we
have
come
a
long
way
along.
I
truly
believe
that
the
blockchain
market
has
matured
where
the
conversation
is
no
longer.
Is
this
technology
viable
to
more
of
what
can
it
do
for
me
and
how
quickly
can
I
get
value
from
it,
which
is
good
conversation
and
over
the
course
of
four
years
we
have
learned
it's
not
just
about
the
technology.
C
Thank
you
very
much,
fam
and
rajesh.
Why
don't
we
move
to
you
and
and
I'll
note
tech
pahindra
has
become
just
like
with
ibm
and
chainyard
a
hyperledger
certified
solutions
provider.
So
I
really
appreciate
I
detect
mandarin
support
of
that
direction
and
your
your
leadership
on
that.
Could
you
tell
us
a
little
bit
about
some
of
the
projects
that
you've
been
involved
in.
G
Yeah,
thank
you
brian.
At
tecm.
We
do.
We
do
a
lot
of
things
in
the
blockchain
space.
If
I
have
to
categorize
into
three
main
areas.
One
is
platforms
where
we
build
platforms
to
address
some
of
the
tough
industry
problems.
The
second
one
is
help
our
customers
to
integrate
blockchain
into
the
native
applications.
G
Some
of
them
are
basically
looking
at
blockchain
as
a
trusted
middleware
or
to
replace
some
of
the
legacy
technologies
like
edi
with
the
blockchain.
That's
what
we
do
and
then
the
third
we
work,
alongside
with
several
of
our
global
customers,
to
help
them
develop
their
own
blockchain
based
applications
or
blockchain
based
protocols,
and
some
of
some
of
them
could
be.
G
You
know,
proprietary
protocols.
A
case
in
point
is
samsung.
They
have
next
ledger,
which
is
very,
very
compliant
with
hyperledger
as
well
as
the
next
ledger
is
compliant
with
ethereum,
so
we've
been
working
with
them
to
develop
their
stack
further,
whether
it
is
in
terms
of
including
an
accelerator
or
bringing
in
new
services.
G
On
top
of
that,
our
focus
has
been
primarily
from
a
perspective
of
an
enterprise.
Customer
we've
been
encouraging
our
enterprise
customers
to
look
at
creating
their
own
chain,
especially
in
the
context
of
the
current
digital
transformation
and
in
the
context
of
the
current
pandemic,
where
some
of
the
traditional
technologies
have
failed
them
miserably.
G
We've
been
advocating
them
to
look
at
blockchain
as
an
important
driver
of
two
things.
One
is
in
terms
of
digital
transformation
and
the
second
one
is
in
terms
of
how
do
they
drive
network
effects
along
with
their
set
of
suppliers,
as
well
as
as
partners
as
we
speak.
We
are
also
inter.
We
are
also
involved
in
a
very,
very
interesting
initiative,
wherein
we
are
putting
together
a
blockchain
based
platform
to
track
kovid
vaccine.
G
In
fact,
we
have
received
approval
from
the
state
government
of
telangana
it
you
know,
of
which
hyderabad
is
the
capital
city
and
state
government
of
telangana
has
given
an
approval
to
track
all
kovit
related
medicines
and
also
the
vaccine
as
and
when
the
vaccine
distribution
becomes
a
reality
on
blockchain.
So
this
is
what
we've
been.
We've
been
doing
happy
to
talk
further.
C
That's
that's
fantastic!
Thank
you
and
murali.
You
know,
chain
yard
is
done
some
really
great
work
in
in
the
space.
I
cite
trust
your
supplier
pretty
frequently
when
I'm
out
there
talking
about
impactful
use
cases,
particularly
in
the
aftermath
of
the
the
global
pandemic.
Can
you
tell
us
a
little
bit
more
about
some
of
the
work
that
you're
you're
doing
that
chain
yard
is
doing.
B
Thank
you
brian.
It
changed.
We
are
in
this
space
for
more
than
five
years
and
our
main
focus
is
in
the
enterprise,
blockchain
adoption
and
solution
implementation,
and
we
also
have
a
lot
of
experience
in
consortium
building
and
governance.
All
these
helped
us
in
bringing
that
trust.
Your
supplier
solution
to
fruition,
like
we
worked
with
ibm,
we
partnered
with
ibm
and
created
this
supplier
cluster
supply
solution,
which
is
a
rapid
supplier,
onboarding
solution,
as
you
know
it,
which
is
causing
disruption
to
the
supply
chain
management,
as
we
know
it
right
it's.
C
That's
great,
thank
you,
morale,
so
I'm
going
to
ask
some
tough
questions
because
I
I
get
asked
quite
a
few.
Quite
often
you
know,
some
very
you
know
grounding
conversations
about
the
about
where
blockchain
technology
really
can
have
an
impact
out
there,
and
it's
it's
great
to
talk
about
the
theory
and
the
possibilities
and
such.
C
But
these
days
people
are
really
they
want
to
know
what
the
results
are,
and
so
one
of
the
things
that
I
find
personally
sometimes
challenging
is
describing
the
impact
of
these
applications
or
the
deployments
sometimes
it
does.
It
does
require
us
all
to
think
kind
of
strategically,
but
but
all
often
the
impact
is
around
mitigating
risk,
and
sometimes
we
have
difficulty
in
pricing
the
value
of
mitigating
that
risk
right.
C
So
question
for
each
of
you,
which
is:
how
do
you
talk
about
the
measurable
impact
of
the
deployment
of
these
projects
and
are
there
any
examples
you
can
share
of
of
where
these
projects
have
had
kind
of
a
measurable
outcome?
That
is,
you
know,
you've
been
able
to
take
and
use
this
justification
to
grow
these
projects
further.
G
Most
of
the
100
to
200
million
dollars
of
invoice
discounting
is
done
on
a
glorified
excel
and
then,
when
things
go
well,
it's
all
good,
but
things
don't
go.
Well,
it's
a
wild
goose
chase.
In
terms
of
you
know
what
went
wrong,
who
went
wrong
and
then
it
can
also
triggers
a
lot
of
dispute
between
the
parties.
So
so
what
we
have
done
is
based
on
the
concept
of
eat
your
own
dog
food.
We
have.
We
have
piloted
that
within
decamp,
where,
in
this
particular
bank
in
singapore,
we've
been
mandated
to
them.
G
If
you
want
to
do
invoice
discounting,
which
can
go
up
to
half
a
billion
dollars,
you
need
to
come
on
to
this
particular
platform
and
then
and
then
see
the
benefit
of
the
platform,
either
through
smart
contracts,
either
through
auditability
transparency,
various
elements
that
are
involved
in
a
complex
invoice
discounting
process.
So
we
have
used
that
internally
with
with
him
another
project
that
I
can
talk
about,
which
is
very,
very
relevant
in
the
current
context,
especially
in
united
kingdom,
the
brexit
has
happened.
G
Everybody
joyfully
enjoyed
the
brexit
outcome,
but
now
they
kind
of
hard
reality
hit
them.
The
hard
reality
is,
if
you
take
netherlands,
if
you,
if
you
take
the
distance
between
the
uk
and
netherlands,
hardly
about
400
to
500
miles
and
before
the
goods
used
to
flow
very
very
easily,
because
both
of
them
happen
to
be
part
of
eu
and
now,
if
they
want
to
get
the
goods
across,
they
have
to
do.
What
is
they
have
to
do
the
import
export
regulation
and
they
have?
G
I
mean
basically
go
back
to
the
practice
that
was
in
existence
and
that
practice
is
all
based
on
paper
and
in
the
current
world.
Nobody
wants
to
touch
paper
for
export
and
import
documentation,
because
paper
is
a
medium
of
kovaid
and
then
they
kind
of
realized.
Oh
boy,
we
are
sitting
on
a
big
problem
now.
So
what
is
the
problem?
The
problem
one
is
paper.
G
The
second
one
is
in
terms
of
an
ability
to
collate
information
from
terminal
operating
systems
from
port
operating
systems
and
then
aggregate
the
information
from
the
third
party
logistics
companies
and
the
four
party
logistics
companies.
Now
you
have
a
random
set
of
data
which
is
coming
from
multiple
sources,
and
there
is
no
system
per
se
to
aggregate
it
in
a
common
interface
and
then
drive
trust
on
basis
of
that.
G
They
should
have
in
terms
of
drive
through
between
these
two
borders
and
as
the
goods
drive
through
the
borders,
the
export
import
regulation
should
happen
in
a
seamless
fashion.
So
these
are
the
things
that
we
are
saying.
I
did
mention
to
you
about
the
covid
vaccine
tracking,
as
well
so
in
terms
of
what
we
are
saying
is
especially
where
there
is
a
need
to
solve
some
tough
business
problem
where
there
is
an
interplay
of
multiple
people
and
the
data
coming
in
all
kind
of
formats.
F
Yeah,
I
was
just
going
to
chime.
In
I
mean
rajesh
is
pointing
out
where
there
are
some
really
good
business
impacts.
See.
My
experience
is
that
business
impact
has
always
been
point
in
time
right.
An
organization
is
embarking
on
a
particular
journey
and
at
any
point,
what
they've
invested
versus
what
they
gain
as
outcome
is
always
different.
That's
it.
What
we've
also
seen
is
that
the
quickest
impact
that
you
see
from
organizations
is
usually
cost
efficiency.
F
Cost
efficiency
doubles
down,
sometimes
it
hides
under
under
the
guises
of
compliance.
It
is
operational
efficiency
dispute
resolution.
All
of
these
things,
a
great
example
is
home
depot
home
depot
has
been
on
this
on
this
journey
of
blockchain
for
a
while,
we
instituted
helping
put
together
a
reconciliation
platform
on
hyperledger
fabric
between
home
depot
and
its
suppliers.
F
They
have
about
400
plus
suppliers
that
provide
them
all
all
kinds
of
goods,
and
the
issue
is
there's
a
big
chunk
of
their
invoices
that
goes
into
disputes
because
parts
break,
you
know
what
ship
wasn't
what
was
received
and
therefore
it
goes
into
a
bucket,
and
the
bucket
typically
takes
about
90
days
to
get
resolved.
That
implies
cash
blocked
for
the
supplier
as
well
as
home
depot,
because
it
goes
into
some
kind
of
escrow
process
to
get
resolved.
F
So
a
a
reconciliation
system
that
was
put
in
place,
cost
efficiency
primarily
focused
and
it
reduced
the
time
it
took
to
resolve
a
dispute
as
well
as
the
dispute
itself
by
about
65
percent,
a
huge
reduction
right
and
you
it
impacts
in
terms
of
liquidity
and
cash
flow.
Coming
back
another
great
example,
a
visible
example
is
in
the
area
of
bank
guarantees.
F
We
got
cba
commonwealth
bank
of
australia,
anz
bank
pack
and
as
well
as
some
of
their
reality
and
utility
companies
in
the
market
and
banks
typically
issue
bank
guarantees
for
any
two
businesses
doing
business
together,
and
this
is
a
very
you
know,
tedious
process,
because
it
takes
about
a
month
for
these
organizations
to
issue
a
bank
guarantee
a
month
is
a
long
time
in
terms
of
business.
So
having
a
platform
that
was
that's
been
in
production
for
about
a
year
and
a
half.
F
Now
it
took
down
the
time
it
took
for
a
month
to
be
issued
a
guarantee
to
a
day
and
that's
significant
move
overall
industry,
optimization
right
and
then
the
last
one
that
I'll
tell
you
is
about
opening
up
new
revenue,
balsa,
the
commercial
in
santiago,
chile,
stock
exchange.
You
know
it's,
it's
a
smaller
market
compared
to
new
york
or
london
stock
exchange,
but
it's
a
very
viable
stock
exchange
for
the
market
and
they
didn't
have
complex
products.
F
I
mean
short
sale
of
and
securities
lending
was
an
area
that
they
were
venturing
in
very
low
volume,
very
low
dollar
values
that
was
transacting,
so
we
helped
put
together
a
platform
that
actually
connected
all
their
institutional
investors
and
as
well
as
broaden
new
international
investors
into
the
market
and
create
a
whole
new
market
for
them.
Now
it's
transacting
at
300
million
dollars
a
day
in
in
the
market,
so
that's
new
revenue
that
the
stock
exchange
did
not
have
that
they
were
able
to
get
it.
F
C
That's
terrific
I
mean
I
it
just
prompts
me
to
note
we
should
be
working
with
with
all
of
you
on
capturing
some
of
these
stories.
I
know
sometimes
it's
hard
to
get
permission
from
the
customers
and
and
others
to
tell
these,
give
these
examples
of
impact,
but
we
try
really
hard
to
document
and
work
with
many
of
the
companies
out
there
on
case
studies
that
we
put
out
on
the
hyperledger
website
to
try
to
help
people
understand
how
to
how
to
start
to
recognize
the
the
value
of
deploying
these
networks.
C
I
also
note
sometimes
it
feels
like
you
really
need
a
company,
that's
honest
with
itself
about
where,
where
they're
hitting
challenges,
often
the
motivations
there
sometimes
on
the
cio's
part,
sometimes
even
further
down-
is
to
kind
of
obscure
the.
When
things
go
wrong,
you
know
or
the
costs
of
doing
things
an
old
way,
and
it
takes
a
certain
amount
of
internal
honesty
to
go.
C
You
know
this
is
actually
a
more
complicated
procedure
than
than
we
really
need
to
deal
with,
or
something
that
that
has
resisted
automation,
because
it's
been
so
personal
driven
person,
personnel
driven.
I
I
that
you
know
that
that
that
seems
like
it's
a
challenge.
Can
you
give
us
some
examples
of
some
of
the
the
the
impact
that
the
projects
that
you've
worked
on
have
seen.
B
Yeshua
rajesh
and
sham
made
some
very
good
points
right.
We
can
pick
up
any
business
process
for
that
matter
and
look
at
the
inefficiencies
in
it
and
engineer
it
for
a
better
efficiency
right.
We
can
take
care
of
all
the
observed
issues,
but
when
you
add
the
blockchain,
what
we
observed
is
the
transparency
and
the
trust
that
brings
it
really
amplifies
those
results
right.
That's
one
of
the
things
and
I'll
go
two
of
our
projects.
B
In
our
contract
searching
and
management,
we
were
able
to
eliminate
the
blocked
invoices
by
100
and
100
compliance
to
contractor
paying
terms
right,
and
there
was
a
50
reduction
in
the
cycle
time
and
a
30
to
50
percent
reduction
in
cost
per
invoice.
So
this
is
one
project
and
in
our
cluster
suppliers,
what
we
found
was
there
is
a
seven
to
ten
times
roi
over
three
years
period
right.
This
is
because
of
the
reduced
supplied
onboarding,
which
used
to
take
months
before
now.
We
can
do
it
in
days.
B
On
top
of
it,
we
can
manage
the
supplier
life
cycle
right.
We
have
provided
integration
with
the
multiple
verifiers
of
the
data,
so
the
real
time
you
can
get
any
changes
and
you
can
calculate
the
new
risk
that
is
associated
with
any
supplier.
So
what
it
means
is
for
a
buyer
right.
There
now
can
initiate
a
business
with
any
supplier
in
no
time
and
for
a
supplier.
We
are
providing
a
a
trusted
supplier
identity
right
that
can
that
they
can
take
with
them
to
any
other
buyer
and
get
onboarded
in
no
time
so
these
are.
B
C
That's
that's
fascinating
thanks
thanks
molly,
before
we
jump
into
kind
of
a
more
technical
side
of
this
conversation
and
by
the
way
I
should
mention
if
anybody
listening
has
questions
they'd
like
us
to
take
on,
please
submit
them
into
the
q
a
function
because
we
will
leave
10
minutes
before
we
wrap
up
to
try
to
talk
as
a
panel
about
any
questions
that
have
been
submitted.
But
first
let
me
ask
kind
of
a
more
lightweight
question,
which
is
you
know
we've
been
on
together.
I
mean
most
of
you
as
well.
C
I've
been
working
on
this
for
the
last
four
years,
this
fight
for
the
concept
of
blockchain
on
the
enterprise
blockchain
for
business
right
and
the
word
blockchain.
Obviously
you
know
it
goes
back
to
that
that
satoshi
nakamoto's
white
paper
for
bitcoin,
perhaps
even
people,
have
noted
earlier
examples
of
that
term.
It's
obviously
a
very
technical
term,
but
it's
become
this.
This
hype
hype
driven
kind
of
word
and
you
know
for
a
while.
We
we
certainly
have
distanced
ourselves
from
the
cryptocurrency
community.
C
I
think
pretty
well
with
what
we've
done,
but
even
that
word
blockchain
has
triggers
some
strong
sentiments
out
there
and
we
ourselves
at
hyperledger
asked
ourselves
is
that
is
that
a
word
that
still
reflects
accurately
the
kind
of
applications
being
built
and
the
kind
of
impact
that
we're
having?
Obviously
one
alternative
is
dlt
distributed,
ledger
technologies,
I've
even
heard
people
use
the
term
multi-participant
business
networks,
although
that
doesn't
quite
roll
off
the
tongue
as
easily.
What
have
you
guys
since
as
you've
worked
out
in
the
market?
C
F
F
You
know
links
connecting
each
other
was
very
relevant
and
it
still
was
irrelevant,
but
I
still
I
I
believe
that
we
have
evolved
as
a
community
market
as
well
as
as
a
technology
and
the
value
that
organizations
get.
Is
you
know
the
concept
of
a
decentralized
ledger
and
decentralized
technology?
All
of
that
is
still
around.
I
believe
a
more
accurate
way
of
communicating
the
values
distributed.
Ledger
technology,
I
think
it's
it
still
applies,
still-
is
valuable.
F
You
can
probably
connected
to
all
kinds
of
technology
protocols.
That's
out
there,
including
ethereum
and
art
recorder
and
others.
It's
a
lot
easier
to
communicate
that
than
a
blockchain.
A
blockchain
still
reminds
people
of
bitcoin
and
ethereum,
and
so
that's
that's
my
take
that's
it.
I
I
guarantee
you.
This
is
gonna,
go
through
several
revisions
and
evolutions
before
we
learn
a
particular
team
tom.
B
Yeah
we
use
interchangeably
to
describe
our
product
because
at
the
end
of
the
day
it
is
dlt
which
is
implemented
using
blockchain
underneath
right
and,
as
sean
said,
it
has
negative
connotations
blockchain
the
moment
you
talk
about
it,
you'll
be
thinking
about
vidcon,
but
at
the
same
time
we
observed
that
a
lot
of
people
think
of
it
as
a
magic
bullet.
So
we
try
to
balance
these
expectations
and
then
describe
what
we
are
doing.
C
Okay,
why
don't
I
jump
into
something
a
bit
more,
more
technical,
and
you
know
starting
any
new
enterprise
project
for
a
customer.
It
can
be
a
challenge
right.
You
know,
enterprise
I.t
is
you
know,
there's
so
many
touch
points,
often
to
make
it
valuable
that
it
can
be
a
lot
of
work,
but
I
think
blockchain
technology
raises
that
even
further,
given
it's
still
a
relatively
young
technology
and
to
make
it
successful,
it's
really
you
know,
there's
no
such
thing.
I
think
I
I
first
heard
this
from
ibm.
C
There's
no
such
thing
as
a
blockchain
of
one.
You
know
it's
a
team
sport
right,
but
but
technologically
speaking,
what
have
been
some
of
the
biggest
challenges
with
launching
these
networks.
You
know
we
at
hyperledger.
Try
to
you
know,
be
very
conscious
of
the
fact
that
these
are
young
technologies
still
but
where,
where
perhaps
there's
been
some
biggest
roadblocks
as
you've
worked
with
customers
and
getting
that
getting
to
a
a
pilot
or
a
proof
of
concept.
G
In
terms
of
at
least
in
my
conversations
with
customers,
they
want
to
know
the
complete
security
aspects
of
blockchain,
and
they
also
want
to
know
in
terms
of,
for
example,
if
there
is,
if
they
come
across
a
sub-optimal
functionality
or
maybe
a
bug,
how
can
how
fast
it
can
be
addressed,
especially
in
open
source
kind
of
a
technology?
In
fact
we
have
reached
out
to
julian
for
help
one
of
the
world's
largest
manufacturer
of
computers.
G
They
wanted
to
know
that
they
want
to
internalize
this
blockchain
and
replace
completely
the
electronic
data
interchange
for
the
purchase
functions
and
if
they
are
investing
so
much
in
that
kind
of
a
functionality,
and
if
they
come
across
any
of
these
security
incidents
or
bugs,
how
can
they?
How
can
they
internalize
an
open
source
technology
wherein
the
entire
community
will
run
as
fast
as
they
as
they
want
to,
or
how
can
they?
How
can
they
get
into
their
roadmap
on
an
accelerated
fashion?
G
So
these
are
some
of
the
things
that
we
we
come
across
and,
of
course,
there
are
many
operational
challenges
that
most
so
these
challenges
come
because
of
the
nature
of
the
environment.
In
which
they
want
to
implement
blockchain
and
also
in
terms
of
the
network
controls
that
they
would
like
to
implement.
So
this
is
more
endemic
to
their
network
or
to
to
their
organizational
context,
rather
than
a
technical
challenge.
With
the
protocol
itself,.
F
Yeah
just
to
read,
reaffirm
rogers's
point,
but
only
20
of
the
blockchain
projects
is
actually
to
do
with
the
blockchain
technology.
The
other
80
percent
is
other
technologies,
including
kubernetes
and
security
and
iot
and
ai,
because
at
the
end
of
the
day
the
customer
is
trying
to
solve
a
business
problem
right
and
blockchain
becomes
that
that
big
backbone
framework
for
the
data
collection
and
confirmation
of
what
they
are,
as
it
goes
through
the
process.
F
What
we
find
is
that
operationally
it
introduces
a
lot
of
challenges,
because
now
you
have
to
maintain
all
these
different
technologies
together
in
a
pack
that
has
to
move
in
in
evolution.
When
you
know,
hyperledger
went
from
1.4
to
2.0
that
cost
a
lot
of
you
know
a
heartburn
for
our
customers,
who
are
already
in
production.
How
you
got
to
move
the
data,
you
got
to
move
the
code
versions
and
you
have
to
make
it
all
compliant
along
with
making
sure
all
the
other
technologies
continue
to
work
well
together.
So,
but
stepping
back.
F
This
is
not
unusual.
We've
been
we've
been
in
a
world
where
we
are
used
to
technical
debt,
and
this
is
one
of
those
that
we
take
on
and
continue
to
chug
along.
That
said,
in
future,
I
would
hope
this
gets
factored
in
some
of
our
decision
making
at
the
open
source
level
how
to
make
it
operationally
much
easier
and
simpler
and
as
well
as
integrated,
integrate
into
some
of
the
other
parallel
technologies
that
exist
in
the
market
as
well.
C
C
So,
admittedly
you
know
I,
this
is
still
a
fast
moving
domain
and
there's
some
cost
to
being
on
the
the
bleeding
edge
of
that
technology
or
even
the
the
you
know,
the
slightly
one
step
back
from
bleeding
edge,
but
but
there's
also
a
lot
of
important
innovation
happening
and
performance
improvements
and
features
being
added
so
yeah.
That's
that's.
Certainly
a
challenge,
keeping
people
up
morale
any
any
other
thoughts
on
this
topic.
B
Yeah,
I
reckon
the
similar
sentiments.
Basically,
security
and
compliance
are
the
major
pain
points
right.
We
had
to
do
a
lot
of
convincing,
particularly
with
the
associated
cryptography
and
when
you
are
trying
to
deploy
it
globally
and
if
gdpr
related
issues
are
coming
to
like.
If
the
personally
identifiable
information
has
to
be
stored
right,
there
are
many
places
where
we
had
to
stir
it
off
change
some
of
the
data
we
had
to
decide
what
goes
on
chain
and
what
the
soft
chain
to
meet
these
considerations.
B
That's
that
that's
a
major
one
right
data
privacy
is
the
major
and
then
comes
the
key
management
right.
Multiple
times
we
run
into
discussions
with
the
clients,
how,
like
the
participants,
how
their
keys
are
going
to
be
stored
on
the
blockchain
right
and
whether
it
is
accessible
to
the
others,
how
the
data
is
kept
private
for
this
and
how?
B
We
had
to
do
a
lot
of
re-engineering
to
make
sure
that
it
is
early
like
we
had
to
make
use
of
kubernetes
clusters
and
deploy
them
and
then
set
up
the
firewalls
and
then
make
sure
we
do
a
lot
of
printers
in
the
cluster
in
the
buyer
environments
to
show
them
that
and
share
those
results
with
them.
And
we
also
had
to
do
a
lot
of
pocs
to
make
sure
that
their
identity
and
access
management
solution
works.
So
we
had
to
integrate
into
their
ssos.
B
C
I
it
strikes
me
that
there
is
a
whole
field
of
architecture
and
and
and
engineering
that
is
novel
to
this
space,
about
figuring
out
what
goes
on
chain
versus
off
chain.
How
do
you
prove
things
like
the
provenance
of
a
an
object?
You
know
using
a
ledger
without
giving
away
traffic
information
about
the
nodes.
You
know
I
I
you
know
the
flow
through
a
supplier,
for
example,
you
know,
is
considered
you
know
pretty
sensitive
data,
but
you
still
want
to
see
this
diamond
step
through
these
different
hops
right.
C
In
fact,
there's
a
there's,
a
weekly
call
for
developers,
building
on
top
of
fabric,
that's
hosted
by
the
the
the
fabric
maintainers,
where
people
can
say
I'm
trying
to
do
this.
Is
this
the
right
way
to
use
the
sdks
or
that
sort
of
thing?
So
I
want
to
turn
I
I
we've
had
one
question
submitted,
which
gets
back
to
more
of
the
kind
of
business
setting
which
is
really
about
the
application,
as
it
was
asked
by
honorable.
C
I'm
sorry,
the
question
disappeared,
so
I
forget
the
full
name
about
how
do
you
convince
companies
to
take
a
leap
into
this
space?
You
know
as
a
potential
replacement
for
existing
erp
solutions,
and
I
think
we
focused
a
little
bit
on
how
do
you
make
the
the
business
case
around
impact?
But
let
me
try
to
reposition
the
question
a
little
differently,
which
is
within
enterprises
within
companies.
I
often
obviously
you
all
work
with
the
budge.
C
C
We
need
to
think
and
and
then
it's
kind
of
a
top-down
driven
kind
of
thing,
but
do
you
think
it
often
no
or
as
much
or
more
perhaps
a
bottoms-up
kind
of
thing
where
an
engineer
or
a
systems
architect
or
somebody
in
the
partnerships
program
around
a
customer
is
saying
no.
We
really
need
a
way
to
systematize
this
thing
that
we're
doing
informally
today
with
pieces
of
paper
and
fax
machines
and
that
sort
of
thing.
How
do
you
see
the
case
often
being
made
inside
of
these
companies
top
down
or
more
bottoms
up.
F
This
is
interesting
position
like
the
interest
of
blockchain,
as
a
technology
is
very
appealing
for
a
lot
of
developers
in
the
market
right.
So
a
lot
of
projects
do
get
started
at
that
level.
There's
interest
there's
hackathons
and
there
is
hey.
I
look
what
cool
thing
that
I
did
in
my
organization,
because
I
played
around
with
this
technology.
It's
very
valuable.
F
I
think
that
kind
of
innovation
is
interesting
for
organizations,
but
what
we
find
is
a
lot
of
these
innovation
agendas
die
because
they
don't
get
the
right
business
support
in
the
in
the
organization
right.
What
we've
also
found
is
that
when
we
go
top
down
say
when,
especially
when
organizations
are
looking
to
I
mean
now
is
a
good
good
time
where
it's
covered.
Everyone
is
struggling
with
innovations
getting
to
new
markets.
F
New
customers
are
actually
starting
to
optimize
and
there's
only
so
much
cost
efficiency
in
optimization
that
you
can
do
within
a
company
right.
You
know
you
can
be
the
most
efficient
company
in
the
world,
but
if
you
don't
have
new
customers,
then
you
don't
have
anyone
paying
you
money.
So
it's
time
to
start
looking
outside
the
organization.
How
do
you
get
control
over
the
processes
that
cross
the
enterprise
boundaries
and
that's
where
blockchain
really
starts
to
appeal
offline?
F
So
it's
a
very
interesting
place
where
it
goes
and
then
the
other
place
where
I
I
usually
find
a
lot
of
support
is
at
the
board
of
directors
and
the
c
c
level,
the
ceo
ceo,
because
they
are
looking
at
what
new
markets
do.
I
need
to
go
what
growth
initiatives
that
I
need
to
support
and
how
do
I
really
live
from
my
competition
so
again
connecting
all
these
dots?
G
In
terms
of
there
has
to
be
a
linkage
between
both
the
groups,
but
also
in
my
experience,
there
is
no
one
straight
answer
to
your
question,
brian,
because
in
some
cases
you
know
there's
a
very
learned,
cxo
or
the
chief
digital
officer
who
would
like
to
explore
this
or
somebody
has
joined
an
organization
to
lead
the
innovation
function
and
they
have
to
show
the
differentiated
approach.
So
then,
blockchain
or
any
of
the
emerging
technology
becomes
an
important
element
of
their
approach.
G
The
I've
also
heard
scenarios
where
people
at
the
mid
level
are
very,
very
convinced
about
it,
but
they
don't
get
appropriate
budgets,
not
the
attention
from
the
from
the
top
layer,
so
they
basically
kind
of
went
out
the
frustration
saying
they
just
don't
get
it,
but
we
want
to
do
it.
Our
business
needs
it.
I
don't
know
why
they
don't
why
they
don't
don't
get
it
so
that
approaches
approach
is
also
there.
G
I've
been
in
conversations
where
people
after
listening
to
the
entire
value
proposition
and
the
tech
stack
they've
said
you
know
I'll
just
put
kafka
over
there
and
accomplish
my
requirements.
Why
do
I
need
blockchain?
If
I
can
put
kafka
over
there
and
then
complete
the
task,
so
in
terms
of
there
is
not
much,
you
know
a
holistic
appreciation
of
what
it
is
going
to
do
from
a
technology
perspective
and
also
from
a
business
perspective,
if
you're
putting
a
blockchain
to
increase
incremental
efficiencies
in
an
existing
business.
G
I
think
that's
not
that's,
not
a
good
approach,
probably
the
guys
who
are
involved
in
that
project.
All
of
them
will
get
promoted,
but
the
poc
will
not
go
beyond
eoc
speech.
It
will
not
not
progress
into
into
an
enterprise
adoption
perspective,
so
it
has
to
be
seen
holistically
from
a
business
perspective
from
a
technology
perspective
and
also
realize
that
some
of
the
traps
that
are
there
with
regards
to
their
own
understanding-
and
that
is
more
important.
G
B
Yeah
good
right,
it
happens
both
ways
right.
Normally,
we
get
a
top-down
requirement
and
also
developers
would
be
thinking
about
how
to
get
into
this
kind
of
space
right.
We
do
a
lot
of
consultancy,
so
what
we
observe
is
whenever
we
get
somebody
with
a
requirement,
we
look
at
it
from
multiple
points
of
view.
We
see
whether
they're
just
trying
to
replace
an
enterprise
applications
database
with
blockchain
and
say
that
it
is
blockchain
or
are
they?
Is
there
a
possibility
of
a
network
right?
B
Unless
there
is
a
network
there,
it
doesn't
really
make
sense
to
go
to
blockchain
or
any
other.
We
can
keep
the
data
encrypted.
We
can
keep
it
the
way
we
want
secure
and
all
those
things
right.
That's
one
of
the
things
and
the
other
major
thing
that
we
look
at
is
to
see
if
there
is
an
anchor
tenant
and
a
sponsor
right.
This
makes
a
lot
of
difference
and
most
of
the
successful
blockchain
networks
are
the
ones
which
spawn
across
multiple
industries
right.
B
C
Great
well,
this
has
been
a
really
fascinating
conversation.
I
really
deeply
appreciative
to
murali
to
rajesh
and
shyam
for
sharing
your
perspectives
on
both
the
business
and
the
technology
challenges,
but
also
really
opportunities
here
that
all
of
you
have
seen
with
deployment
of
blockchain
technologies.
With
that
I'll
hand,
the
microphone
back
to
kamlish
to
wrap
everything
up.
Thank
you
all.
A
Yeah,
thank
you
brian
and
thank
you.
Everyone,
ashiyam
rajesh
smoothly,
aaron
and
julian
and
complete
hyperledger
team,
especially
they
helped
me
to
organize
this
meetup
marketing
from
the
hyperledger
team
side
and
I
think
xiamen
coming
on
board
and
rajesh
is
agreed
to
be
speak.
So
I
think
it's
really
great
and
I
think
it's
a
great
learning
when
we
even
said
that
is
recording.
So
I
think
hundreds
of
people
watch
it
and
when
such
enterprise
leaders
talk
about
the
blockchain
adoption,
it's
really
inspiring
and
learning
for
all
and.