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From YouTube: Guiding Principles of Enterprise Blockchain Adoption
Description
A virtual meetup hosted by Hyperledger Dubai and Abu Dhabi. The meetup focuses on Chainyard’s experience and lessons learned in building large consortium such as Trust Your Supplier.
TYS (https://www.trustyoursupplier.com) is a production grade blockchain network that Chainyard (http://www.chainyard.com) deployed in partnership with IBM. It provides a trusted digital passport for suppliers to work with buyers in the network. The network already has about two dozen Fortune 200 companies as buyers (like IBM, Cisco, Lenovo, Vodafone, Saudi Aramco, Nokia, Vodafone, UPS, JetBlue, ABInBev, etc), dozen validators (like Dun and Bradstreet, EcoVadis, RapidRatings, etc), many business networks providers (SAP Ariba, IBM Sterling, TRADESHIFT, OMX, Synertrade, etc) and thousands of suppliers.
More about the event is at:
https://www.meetup.com/Hyperledger-Dubai/events/271588669/
----
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
A
Hello,
everyone-
and
this
is
MOLLE
shankar,
qatari,
co-organizer
of
appalachia
abu
dhabi
and
the
way
meetup
group
thanks
for
joining
us
today.
We
are
doing
this
session
and
will
be
uploaded
on
epilator
youtube
channel.
Today
we
have
mr.
G
go
Joseph
the
vice
president
of
glossy
and
services
at
Chen
yard.
The
company
that
has
developed
trusts
your
supplier
project
is
a
production,
great
block
to
network
that
change.
Jenny
are
deployed
in
partnership
with
IBM.
It
provides
the
trusted
digital
passport
for
supplier
to
work
with
the
buyer
in
the
network,
Thank
You
mr.
Joseph.
A
For
your
time
he
will
be
sharing
the
experience
and
the
lessons
learned
in
building
the
large
consortium,
such
as
trust
your
supplier.
So
if
you
have
any
questions,
you
can
type
in
chat
window
or
you
can
ask
in
a
Q&A
section.
So
thank
you
once
again.
Mr.
your
deaf
stage
is
all
yours,
so
we
can
start
with
introduction
and
then
you
can
start
the
present
presentation.
Okay,.
B
A
A
B
A
C
Okay,
so
so
again
my
name
is
DJ.
Joseph
I
am
the
vice
president
of
student
services
for
chain.
Er
I
mean
with
this
company
for
the
last
two
years,
so
currently
I
based
out
of
India,
so
I
take
care
of
the
international
business,
a
figure
of
the
outside
North
America
business.
So
little
bit
about
so
the
way
I
I
structured.
This
presentation
is,
like
you
know.
Well
one
slide
about
what
is
train
yard.
Let
me
explain
Tobias
solution
in
such
a
way.
C
There
are
slides
in
middle
in
the
in
between
which,
which
explains
the
learning
we
had.
You
know,
I
know
what
we
learned
and
how
we
did
the
solution.
So
that
is
a
critical
part.
Wendy
I,
initially
gonna
discuss
the
motion
or
any
he
said
right,
II,
don't
know
they
don't
did
you
know
it's
more
important
for
people
to
understand.
C
You
know
the
challenges
we
went
through
and
how
we
address
so
that
you
know
everybody
else
can
actually,
you
know
learn
from
a
time
they
don't
implement
it.
So
the
though
lessons
learned
is
put
it
here.
Actually,
this
comes
in
everywhere
everywhere,
in
the
middle
and
last
side,
there
are
some
models
of
consolation,
because
that
is
one
of
the
major
challenges
over
you
know.
C
Putting
together
a
blockchain
is
your
ability
to
particularly
a
consortium
and
I
know
all
of
you
seen
it.
You
know
two
weeks
back
this
the
law.
It
has
come
up
with
the
survey
red
blocks
in
some
way,
I
find
that
a
lot
of
companies
are
moving
towards
a
blocks
in
adoption.
In
production
networks
are
in
thirty
two
percent
of
the
companies.
They
said
they
have
a
solution
already
in
production.
So
so
what
we
see
here
in
POC
stages
are
out,
so
the
more
people
are
moving.
C
The
production
and
TV
is
being
one
of
the
one
of
the
successful
product
in
production.
So
the
lessons
learned
will
be
helpful
for
every
one
of
you,
okay,
so
a
little
bit
about
senior
there's
only
one
slide.
I
have
here
so
Chaney
odd
is
a
subsidiary
of
a
parent
company
called
IT
people
corporation.
So
we
are,
in
fact
we
created
this
service
business
unit
around
five
years
back
when
IBM
started
the
any
blockchain
journey
on
the
hyper
lecture.
C
So
we
me
a
key
contributor
with
IBM
on
a
hyper
at
the
track
and
a
high
fabric
platform,
so
we
done
more
than
24
projects
in
blockchain
in
a
solution
for
many
companies
we
primarily
services.
You
know,
services,
provider,
services,
company,
so
all
the
throughout
the
journey.
We
created
a
lot
of
pre-built
components.
You
know
blood
of
framework.
We
have
an
tooling
Jackson
made
the
projects.
You
know
some
of
our
major
framework,
so
they
presented
to
hyper
ledger
Global
Forum
two
years
back
I
mean
there
is
a
good
presentation
available
on
youtube.
C
If
you
are
a
techie,
you
wanted
to
learn,
learn
more
about
the
the
technology
framework.
Switching
at
has
so
many
solutions,
supply
chain
manufacturing
this
one
in
transportation,
this
few
in
those
districts
and
financial
services
couple
in
asset
management
and
the
last
you
trust
your
supplier
is
more
on
there.
Pyramid
of
supplies,
innovation
so.
C
C
Ob
debated
on
many
ideas,
like
you
know,
then
we
finally
shortlisted
for
ideas
and
with
we
are
just
always
he
was
using,
were
working
with
IBM,
so
we
took
it
or
the
idea
some
of
the
team
members
and
discuss
some
of
the
ideas,
and
then
we
finalized
the
distrust
your
supplier
right.
So
so
this
trust
your
supplier
product
is
like
you
know,
I,
don't
know
how
many
of
you
walked
into
worked
in
a
procurement
division
for
any
companies,
and
you
know
these
challenges
of
procurement
organization
by
it,
starting
from
a
qualification
of
a
supplier.
C
You
know
start
with
find
a
good
supplier
out
in
the
market,
and
once
the
supplier
is
found
you
know,
then
you
go
for
a
validation
of
the
supplies
data.
So
basically,
what
you
do.
Is
you
ask
this?
A
player
you
know
submit
all
these
hundreds
of
documents,
like
your
financial
statements,
your
company's
certifications,
your
insurance,
the
license
of
this
company.
Then
you
start
with
other
things
like
they
all
the
board
members.
You
know
more
all
the
directors,
information
and
they're
related
to
certain
people.
C
Maybe
let's
say
you:
if
you
are
no
mining,
you
know
you
wanted
to
insure
singer.
You
are
here
to
sort
of
as
they
you
know
standards.
So
you
they
ask
all
these
things.
The
problem
is
when
somebody
submits
this,
the
companies
don't
want
to
take
the
risk
of
you
know
accepting
that,
so
they
send
it
to
third-party
for
validation.
Companies
like
dun,
&,
bradstreet,
Thomson,
Reuters,
or
you
know
large
Chartered
Accountants.
They
validate
all
this
information
so
once
they
are
validator
validated,
you
know
they
are
on
board.
C
C
Okay,
after
six
months
insurance
may
have
expired,
then
the
company
has
to
be
submitted
right
and
then
that
lifecycle
manager-
maybe
maybe
you
wouldn't
even
know
that
you
know
insurance
as
explained
and
when
there's
an
accident
happens.
You
know
that
it
was
expired
right.
So
there's
a
likes,
a
clock.
Maintaining
them
is
there
so.
C
So
if
you
look
at
that
whole
process,
right
big,
this
is
a
soy
and
inefficient
I
mean
takes
30
days
to
three
months
to
onboard
it's
a
player
and
this
regulator
requirements
keep
changing
like
you
know.
The
Y
garment
may
put
us
a
new
requirement
it
everybody
should
follow
the
right
90
that
date
a
needs
to
be
collected
now
and
there's
a
technology
gap
today
where
company
cannot
need
to
share
this
data
right.
C
So
if
you
look
at
that
process,
you
know
like
say:
supplier
goes
and
submits
a
tons
of
data
to
first
buyer
and
by
our
very
first
survey,
every
supplier
and
on
board
or
by
then
supplier
goes
submit,
may
be
very
similar
set
of
data
to
buyer
to
and
he
verifies
done
on.
Board
on
supplier
goes
and
submit
everything
by
a
three
he
very
patient
supplier
is
concerned.
He
is
just
repeating
this
whole
thing
right.
C
He
just
dis
repeat
the
same
day.
They
are
submitting
there
everywhere.
So
so
we
thought
this
is
a
very
good
opportunity,
create
a
trusted
source
of
a
supplier
identity
on
a
blockchain
so
and
some
players,
digital
identity,
created
on
a
blockchain,
and
it
can
get
it
shared
with
everybody.
And
once
that
happens,
it's
reduce
the
cost,
shorten
the
life
cycle
and
the
created
trust
among
the
multiple
buyers
in
the
network.
C
C
If
you
want
to
take
this
idea
to
the
market
when
we
needed
somebody
very
strong
in
supply
chain
in
the
procurement
data,
not
on
the
technology
technology,
changer
can
develop
it
our
awesome
but
being
aided
somebody
very
strong
person
with
very
strong
inner
domain
expertise.
So
we
went
I'll
be
a
broker
when
we
met
these
chief
procurement
officer
of
IBM.
His
name
is
Bob
Murphy,
so
we
went
him,
and
so
we
presented
this
idea
to
him
and
he
liked
it.
C
Ibm
had
around
I
think
you
know
thousands
of
fighting
more
than
18,000
supplies
or
something
so
they
they
know
the
pain
of
managing
suppliers
and
onboarding
supplies
and
energy,
so
IBM
unchanged
got
it
connected.
It
created
a
partnership
of
their,
so
tenure
will
take
care
of
the
technology.
Part
and
I
would
take
care
of
the
the
domain
expert,
plus
the
the
fundamental
sales
in
sales
and
all
a
switch
come
from
idea
right,
so
so
that
the
first
lesson
for
I
have
for
everyone
know
for
you.
C
C
It
came
in
initially,
so
we
made
a
team
of
enough
where
four
to
five
four
to
five
numbers
and
started,
they
started
the
TOC.
So
next
thing
we
did
is
so
now
we
had
the
idea.
So
we
got
on
board
at
a
strong
partner
with
us
and
IBM
on
board
at
a
few
other
people
also
hello,
everybody.
So
when
we
had
that
idea,
so
next
thing
we
did
these
like.
We
try
to
see
his
blocks
chain.
Is
this
actual
solution?
For
that
I
mean?
Do
we
need
a
blocks?
C
You
know
can
be
something
else
right
so
that
we
need
to
identify
the
data
set.
That
is
peach
shade
with
mean
suppliers
to
bias.
So
if
you
look
at
me
found
that,
especially
with
the
help
of
IBM,
because
they
are
this
domain,
we
found
that
more
than
fifty
percent,
eighty
of
the
dataset
shade
by
supplier,
to
he's
common
with
every
buyer,
so
I
as
a
supplier.
C
If
I
go
to
buy
it
like
IBM
buyer
like
Cisco
buyer,
like
let's
say,
Saudi
Aramco,
you
know
my
dataset
remain
and
say
fifty
percent
of
that
data
remain
remain
safe
and
another
20
percent
remain
same.
If
they
are
the
same
industry.
Let's
say
they
are
the
two
sub
place:
they
both
are
only
sort
of
to
buy
if
they
both
are
on
the
technology
industry.
C
Up
to
70
to
75
percent
of
the
data
asked
by
these
buyers
to
the
suppliers
are
saying,
and
if
they
are
the
geography
another
ten
ports
and
they
would
be
remain
same,
they
both
are
from
the
US
they
both
from
the
Middle
East.
Another
ten
percent
will
be
saying
so
and
buyer
to
buyer.
Specific
information
is
only
five
percentage
be
found
on
some.
C
So
so
we
did
that
data.
We
we
went
to
the
Y
blocks
to
in
aspect.
You
know
see
that
you
know
blockchain
will
definitely
bring
in
the
trust
it
is
validated
can
validate
data
that
data
can
be
cross
utilized
across
other
people
and
we
get
a
trusted.
A
single
version
of
the
truth,
which
will
save
everybody's
time,
so
we
decided
you
know
this
would
be
the
blockchain
solution.
So
that's
the
second.
A
second
lesson
we
have
is
blockchain
is
right
solution
for
you.
C
The
second
aspect
is,
you
know,
Motor
Co
supply.
How
does
it
work
right?
So
we
started
doing
a
pure
we're
traveling
in
a
course
that
deals.
We
first
started
doing
the
MVP
aspect,
so
the
way
it
works
is
there
in
the
very
first
time,
let's
say:
I'm
a
supplier
and
it's
a
buyer,
asked
me
to
buyer,
asked
me
to
give
data
and
supplies
data
set.
You
know
for
the
first
buyer
I
give
everything
into
the
block
ship
it
for
the
first
buyer.
C
Everything
remains
same
and
what
happens
is
like
a
very
fair
like
dun,
dun,
bradstreet
or
someone
will
come
Corie
signed
up
for
signed
up
with
his
buyer.
He
will
come
and
verify
all
that's
data
on
the
blockchain
network,
all
right
and
this
buyer
get
all
this
all
this
verified
data.
So
so,
if,
if
it's
a
first
buyer
first
suppliers
connected
first-time
buyer,
then
it
takes
same
30
days,
probably
30
days
to
three
months
or
two
months
right.
There
is
no
savings,
anybody
gets,
but
what
happens
is
like
when
the
second
buyer
comes?
C
In
now,
the
supplier
has
all
this
data
verified
by
a
very
fair
on
the
block
state
network.
All
he
has
to
do
is
just
share.
The
data
be
sure
the
data
that
is
common
between
these
buyers.
She
need
to
rivera
fie
only
the
data
which
he
is
you
know
specific
to
that
particular
buyer.
So
let's
say
they
they
both
share,
like
their
fifteen
percent
of
the
data.
So,
like
70%
of
the
data
is
common
between
these
two
buyers.
Then
that
much
data
is
already
been
verified.
He
can
just
share
then.
C
So
we
we
get
a
multiple
with
we're.
A
very
face
that
there
are
certificate
issue
is
coming
as
very
fair,
like
I
use
organization,
you
know
how
details
can
come
in
there,
so
we
also
added
a
business
that
were
providing
is,
like
third
party
can
take
data
from
here
with
the
permission
of
the
supplier
and
buyer
and
provide
services
on
top
of
top
of
this,
there
are
other
third
parties.
Can
you
know,
create
and
find
the
software's?
On
top
of
this?
C
You
know
we
did
many
such
things,
so
what
we
found
was
eventually
there's
a
90
percentage
of
the
time.
The
major
benefits
everybody
is
like
real-time
updates
happens.
I'll
tell
you
how
it
happens.
A
simple
example:
let's
say
today
in
UAE
there's
a
one
supplier
is
connected
to
25
buyers.
Today,
supply
is
a
license.
Let's
check
it
expected
a
what
the
supplier
does
is.
C
C
Is
he
just
uploads
only
one
baby
porn,
he
just
uploads
the
verified
date
on
a
blockchain
and
one
of
the
very
friends
will
probably
come
and
verifies,
and
smart
contract
Euler
trigger
an
OP,
auto
update
owner
every
buyer,
saying
that
this
is
being
verified,
so
his
license
is
renewed.
So,
instead
of
25
submissions
is
only
one
submission
see.
That's
why
I
said
in
90%
of
the
time
a
real-time
updates
happen.
C
So
so,
if
you
come
today,
if
the
next
turning
is
so,
what
we
found
is
this
is
actually
a
very
critical
learning
for
every
one
of
you
if
you
are
doing
a
block
scene,
so
we
found
that
it
was
very
good.
We
limited
the
number
of
members,
we
limited
the
number
of
members
in
the
initial
MVP,
so
we
had
only
five
or
six
members
like
an
IBM.
Was
there
either
Cisco
and
a
none
watch
it
I
think
was
there
there?
Only
very
limited
number
of
people
have
seen
away
some
consortiums
III.
C
C
The
challenge
was
that
he
can't
get
the
consensus
with
the
60
members
on
your
direction.
How
fast
you
want
to
go,
because
if
somebody
will
say
that
let's
do
it
some
other
platform,
somebody
will
say
that,
let's
do
it,
any
theory
implies
phone,
nobody
will
say:
let's
do
it
in
a
fabric
flat.
For
somebody
will
say
this
is
the
first
few
screens
it
has
to
be.
You
know
something
different,
it's
very
difficult
to
get
a
consensus.
C
The
larger
set
of
people,
so
so
you
limit
the
number
of
members
early
members
to
now
five,
six,
seven,
you
know
which
over
comfortable
for
you,
then
if
it
is
too
small,
let's
say
you
are
doing
with
only
one
player
right.
Then
it
is
very
difficult
for
that
and
a
convincing
wither
when
you
try
to
go
to
market
Twitter.
C
C
So
when
you
develop
this
MVP,
the
first
chief,
you
use
cases
you
have
to
ensure
saying
that
it
creates
a
business
value
to
all
stakeholders.
You
cannot
create
an
MVP
which
says
that
you
know
only
you
know.
First
few
use
cases
only
bias
could
benefit
supplies,
don't
get
benefit
or
very
phase
won't
get
benefit.
They'll
be
very
difficult
for
you
to
take
it
to
the
other
option.
C
So
what
is
the
business
value
right?
You
kind
of
saw
that
but
I'm
just
going
once
again
to
I'm
just
repeating
it
once
again.
So
it's
fundamentally
for
a
bias.
We
found
that
ninety
percent-
this
is
true
for
even
a
supplies,
also
ninety
percent,
a
of
them
ninety
percent
a
over
the
updates,
happens
real-time
instead
of
the
the
previous
post,
it
was
like
manual
upgrades.
This
was
one
of
the
major
outcome
for
or
bias
bias
found
the
70
to
90%
reduction
cycle
time
depends
on
how
much.
C
C
You
know
the
the
50
dates
and
you
know
that
will
increase
my
I
get
to
end
of
month,
so
for
additional
revenue
coming
up,
and
we
also
insured
saying
that
Tippett
buyer
supplier,
third-party
developers,
you
know
we
opened
up
a
API
for
that
part
third-party
developers
to
create
new
solutions.
On
top
of
this,
as
an
example,
that's
a
credit
risk
or
risk
analysis,
or
maybe
you
know
future
we
can
do
opener.
C
You
know
I
know
what
a
trading
on
you
know,
invoice
discounting
on
this
thing
right
then
auditing
and
compliance
becomes
very
easy
for
what
it
is,
because
it's
a
blockchain
that
or
we
can
do,
an
auto
audit
and
verified
a
verify,
is
and
certified
issuers
are
there
and
China
and
become
the
owner
and
operator
because
senior
created
the
network
and
we
created
a
Malcolm
little
I
will
cover
some
more
details
about
these
foster
dangles
and
go
on
and
later
so.
So
this
is
the
slide.
C
I
want
to
spend
a
few
minutes,
so
this
is
the
current
and
the
current
standing.
So
so
on
the
government's
border.
We
have
a
larger
representation
right.
So
what
we
did
is
we
created
I
go
on
its
board
where
I
know
one
at
least
one
company
in
and
all
the
major
industries
are
becoming
et
governance
board
over
so
so
being
in
the
governance
board.
They
get
an
additional
revenue.
A
small
percentage
of
the
revenue
is
I,
think
shade
with
them
currently
and
the
governance
board
members.
C
They
don't
pay
joining
the
network
today
as
bias,
and
we
we
met
the
toys
already.
So
it's
basically
the
duty
of
the
governance
body
to
decide
the
features
and
decide.
You
know
the
roadmap.
You
know,
as
I
said,
the
interfaces
for
integrate,
and
so
they
are
the
they
are
the
contributors
in
a
well
wishes
of
the
network
and
we
have
validated
like
dun
and
bradstreet.
C
Ichabod
is
rapid
rating
and
all
those
these
validators
I
validate
the
data
submitted
by
suppliers,
and
we
have
third-party
business
network
which
integrates
this
zone,
take
data
out
of
the
blocks
chain
Network
and
they
provide
high
value-added
services
to
be
of
fine
and
there's
some
other
founding
buyers
already
join
the
network.
So
the
Gowanus
board
is
cloud
right
now
closed.
The
new
buyers
come
in
join
at
the
founding
bias.
C
Okay,
so
the
other
lessons
are
so
so
you
need
to
ensure
saying
that
your
business
model
is
pretty
strong
two
acts
about
stakeholder
by,
so
the
way
we
did
needs
make
me
made
it
in
such
a
way
that
you
know
the
by
a
sir:
don't
pay
any
fees
to
join
the
network
and
validators.
You
know
they
get
paid
when
every
time
their
data,
everything
they
validated
ADA
and
supplies
pay
in
our
little
supply
as
payment
to
join
the
network.
Why
I
don't
pay
so
be
one
border?
C
If
you
look
at
here,
we
we
disturb
me
just
show
on
board
the
bias
and
verify
and
business
network,
and
it
is
buyers,
responsibility
to
onboard
supplies
and
that's
the
relationship
between
China
and
the
owner
and
operator
of
the
network
better
with
the
bias.
So
the
business
model
is
in
such
a
way
that
you
know,
by
is
kid
danger
benefits
of
join
the
turbines.
C
They
don't
even
pain,
pay
right
now
to
join
the
network
and
the
buyers
on
board
is
supplies
and
supplies
supplies
payday,
Network
and
some
place
because
of
the
major
advantage
during
the
inter.
So
they
are
also
interested.
So
the
business
model
has
to
be
thought
through
that,
because
the
reason
I
am
saying
this
business
model
is
critical
is
because
I've
seen
kyc
and
many
other
implementations
where
they
don't
know.
What
is
a
business
model
to
share
share
revenue
when,
let's
say
the
KBC
was
verified
by
one
company,
one
bank
and
inner
use
by
another?
C
By
and
how
do
they
acknowledge
their
transaction
price
know?
How
will
they
see
the
new
bank
pay
the
old
bag?
So
such
kind
of
a
business
model
is
actually
the
the
most
interesting
aspect
of
the
Box
chain.
I
will
create.
It
will
be
the
key
success
factor
for
a
success
and
the
next
one
is
like
you
have
to
create
a
decentralized
governance
model.
So
so
it's
very
similar
to
use
our
previous
slide.
We
have
so
much
people
join
you
on
the
governance
board,
with
everybody
from
at
least
one
major
player
from
each
industry.
C
C
So
so
onboarding
and
go-to-market
plan
I
kind
of
kind
of
mentioned
it
already,
and
how
do
we
do
this
today?
So
it's
primarily
these
are
the
areas
of
data
basically
get
verified.
You
know
financial
side.
We
take
the
bank
verification
billing
combination,
labor
cost
contract.
You
know
strategic
verification
of
the
data
and
operational.
You
know
compliance
like
image,
style,
labor
is
used
or
ethic
and
practices
are
there.
You
know
health
and
safety.
These
are
the
data,
get
verified
and,
like
I
said,
the
onboarding
is
primarily
through
bias.
C
C
Most
of
them
has
more
than
10,000
supplies
in
their
net
for
eye
care
around
24,
two
dozen
buyers
in
network,
so
once
they
finish
onboarding
rates
of
planes,
you
know
it
easily
crosses
a
two
hundred
thousands
of
place
methods
so
instead
of
training
and
going
and
onboarding
one
by
one
supplier,
it's
a
much
easier
way
to
onboard
supplies
through
bias
and
change
and
on
both
validate.
Is
you
so
unchain
your
on
board?
C
C
So
so
there's
a
percentage
of
revenue.
You
could
share
it
with
them,
and
so,
even
so,
so,
basically
every
aspect
of
the.
When
you
create
a
blockchain,
they
talk.
You
try
to
ensure
saying
that
in
every
aspect
of
the
aspect
is
you
know
incentivize
for
everybody
now
this
is
the
last
part.
You
know
it
took
us.
C
The
years
actually
took
us
one
to
two
years
to
get
all
the
legal
contracts
in
place
so
because,
if
you
think
about
such
a
creating
a
such
a
large
consortium
with
a
lot
of
a
lot
of
players,
you
know
you're
talking
about
every
company's
legal
department
leaves
the
beginning
every
doctor.
So
it
takes
a
lot
of
time
to
finalize
the
legal
challenges
and
you
specifically,
that
is
my
next
slide
exactly.
We
specifically
need
a
good
pencil
and
he
was
taken.
My
product
will
be
production.
C
So,
on
the
future
side
right
I
mean
this
is
I'll.
Just
give
you
only
one
slide
it's
on
the
fugitive,
so
what
we
did
needs
now.
We
have
a
large
supplier
based
on
a
suppliers
and
buyers
base
in
the
network
right,
so
when
the
co
would
happened.
So
there
was
a
shortage
of
PP
like
this
all
the
masks
and
I
know
all
all
PPA
cubed,
so
immediately.
C
I
remember
came
up
with
this
idea
of
saying:
let's
do
a
rapid
supplier
connector
on
top
of
trust,
your
supplier,
where
you
know
connecting
buyers
and
suppliers
who
who
has
a
need
and
half
right
and
is
biased
our
need
of
looking
for
PP
and
supplies
how
this
merge
on
they
connected
on
top
of
blocks
chain
that
talk.
So
we
can
ensure
the
quality
and
availability
very
quickly,
so
we
actually
use
the
two
products
in
this
one.
C
C
If
you
don't
have
a
such
a
connector,
we
start
to
create
that
because
of
this
one,
then
it
takes
it
takes
years
to
create
I
mean
we
took
our
list.
Almost.
This
is
fighting
to
end
after
yeah,
almost
two
years
now
close
to
two
years
now
on
address
your
supply
pod.
So
on.
On
top
of
this,
you
know
this
this
dish,
one
solution
we
had.
We
are
talking
about
many
many
solutions
as
an
example
find
a
supplier
find
a
buyer
credit
rating.
C
So
that's
a
that's.
The
last
one
develop
feature
is
actually
when
you
create
a
MVP.
When
you
create
a
base
product,
you
have
to
keep
in
mind.
You
should
be
able
to
create
many
features
to
grab
the
new
economy
like
the
like
the
rapid
supply
connection.
Very
quickly.
We
get
stuck
for
weeks
to
create
that
that
that
solution
and
they're
all
it
on
top
of
this,
so
we
we
need
to
create
the
base
in
such
a
way.
You
know
you
should
be
able
to.
Probably
tomorrow
we
might
be
sheer
talkin
or
tomorrow
we
might
issue.
C
You
know
a
few
new
features
on
top
of
it,
and
last
is
a
let's
say:
let's
assume
you
are
not
a
technology
company
right.
Let's
assume
you
are
I,
don't
know
like
like
IBM
procurement.
You
are
a
procurement
organization
or
you're
a
supply
chain,
company
or
or
you're
a
manufacturing
company.
Right
in
that
is,
you
will
definitely
go
with
you
need
to
engage
a
specialist.
You
cannot
go
with
just
a
just
a
blockchain
development
company
or,
if
you're,
going
with
a
box
in
development
company
I'll
tell
you
why
it
is.
C
You
need
have
a
people
with
special
clearance
skills
in
specific
areas
in
blockchain,
fundamentally,
I
mean
if
you
look
at
this
I
mean
this
is
what
typically
an
IT
company
this
like
they
do,
the
initial
consulting
services
company,
they
do
engineering
and
they
will
maintain
it
for
you.
But
what
for
ice
for
a
blockchain
to
be
very
successful?
This
piece
comes
in
the
consortium
aspect.
C
You
know
you
need
to
know
how
to
manage,
how
to
create
and
how
to
manage
a
consortium
and
the
way
this
is
linear
and
we
don't
do
consulting
and
complete
the
curve.
And
then
we
go
to
engineering,
don't
go
to
operation.
What
we
do
is
let
you
do
in
steel,
consulting
to
an
MVP
aspect,
now
getting
the
consortium
built
and
take
the
consortium,
people's
input
into
the
consulting
then
you'll
find
that
you
know
do
an
MVP,
then
more
than
VP
get
next
extra
set
of
people
in
the
consortium
Neurosci
in
the
solution.
C
So
it's
an
iterative
process
so
why
consortium
is
very
critical?
Is
my
next
slide
right
and
there
are
basically
two
aspects
of
consortium.
First,
is
a
business
consideration
as
an
example?
What
is
the
governance,
and
so
who
pays?
Who
now?
What
is
the
work
from
who
will
operate
the
network?
How
is
cost
manage
what
benefits
everybody
gets
right?
How
do
you
split
the
revenue?
What
is
the
business
small
right?
All
those
come
in
business
concept,
raishin
on
the
technology
side
right?
How
do
you
add
a
member?
C
C
In
that
I
mean
all
those
hundreds
of
questions
will
come
here
when
China
has
successfully
created
a
consortium
building
a
consulting
engagement,
because
we
took
four
products
into
the
production
already,
and
we
have
a
very
good
framework
for
this,
and
mostly
of
this,
primarily
our
experience
came
from
building
the
consortium
of
trust.
Your
supplier,
I
think,
that's
all
I
have
for
you,
I
mean
I.
Think
I
went
like
40
minutes
already
loading
the
initial
interactions
we
had
and
I'll
stop
at
this
point.
I
know
feel
free
to
ask
any
questions.
B
C
Sure
sure
so
the
validation
happens.
Let's
say
some
player
submit
the
me.
Let
me
take
that
slider.
Once
again,
let's
say
the
supplier
submit
the
supplies,
data
on
a
blocks
unit
or
void.
So
once
is
a
data
is
submitted.
Let's
go
back
this
one
so
once
the
data
is
submitted
by
supplier,
so
the
way
it
works
is
like
buyer
in
Berryessa
player.
Okay,
a
player
cannot
do
in
the
blocks
chain.
Network
and
themself.
C
A
buyer
has
to
invite
the
supplier
violin
bass
supplies
the
bias
send
all
this
data
set,
the
supplier
and
the
questions
is
supplier.
All
these
questions,
the
buyer
answer
its
and
submit
in
the
blockchain
at
all,
and
very
fair.
Let's
say:
Dan
and
rock
city
is
very
fair
right
for
some
questions
or
some
other
questions.
Today
we
have
this
many
very
phase
right.
B
B
C
Could
be
useful
for
excerpts
in
the
group
itself
with
their
with
own
suppliers?
Exactly
at
this
is
this
is
used
there
already
I
mean
you
saw
this
slide
21
right,
and
these
are
the
by
is
already
in
the
network,
there's
a
large
set
of
mice.
So
all
these
buyers
supplies
are
being
on
boarded
into
the
network
right
now.
A
A
C
C
A
C
B
B
C
No
supplies
pay
it
to
the
network.
Right
I
mean
that
is
a
business
model.
We
created
them,
it's
up
to
you
when
you
have
it,
you
know.
When
you
create
a
network,
you
know
you
can
have
either
both
bias
and
supply
space
network
right.
So
we
nowadays
we
decided
that
you
know
supplies
they
pay
and
buyers,
don't
pay.
Now
it
may
change.
It
may
be
like
two
years
down
the
line.
C
C
Depends
on
which
plant
they
have.
There
are
multiple
clients
available.
Okay
in
some
place
today,
don't
pay
when
it's
a
supply
start
paying
only
when
they
all
second
by
the
first
buyer.
They
don't
pay
today.
So
that's
another
be
given
because
because,
if
you
look
at
you
know,
supplier
is
connected
only
one
buyer,
some
player
doesn't
get
any
benefit
by
us-
any
benefit
by
and
if
it
comes.
Second,
the
Turkish
comes
in
right.
The
second
buyer
comes
in,
he
gets
benefits
apply,
so
so
here's
the
payment
start
when
the
second
buyer
comes
in
okay,.
C
C
You
look
at
today's
world
right,
you
know
when
I
supply
submit
the
data
to
a
buyer.
It
is
buyer
uses
some
very
face
to
verify
the
data
right
supplier
wouldn't
even
know
that,
so
it
is
not
supplies,
responsibility
right.
It
is
buyer
selector,
for
he
has
risings
with
right.
Maybe
this
particular
buyer
is
with
Danone,
but
she,
though,
maybe
he
uses
for
it
is
biased
decision
right.
The
very
faint
data
and
said,
and
the
other
buyer
also
should
be
using
the
same
very
faith.
Then
only
you
can
get
the
net
or
benefit
okay.
C
Your
business
model
I
mean
that
is
the
laning
I
mean
I,
want
this
fresh
back
instead
of
explaining
the
product
right,
I
want
stress,
backstage
locks,
Chaney
is
more
about
the
business
model
you
create
it
is,
it
is
technology.
Is
there,
but
the
good
business
model
is
the
critical
aspect.
Many
people
miss
that
you
know
people
start
doing
a
POC
just
like
that,
and
you
don't
even
think
about
what
is
the
business
model?
How
do
you
going
to
monetize
the
network
right.
B
C
B
C
Are
you
going
to
share
the
slide
or
no,
let
me
let
me
just
type
it
here
yeah,
so
so
some
depends
on
how
many
use
cases,
how
complex
use
cases?
How
simple
it
is
you
know,
but
but
by
Byfield,
listen
to
my
presentation
right
I
mean
before
we
were
pure
Syrian
sure
saying
that
you
get
a
good
set
of
people
with
you
all
right.
You
have
a
you
either
this
solution
out
and
all
those
right,
yeah
I'll
top
you
email,
I,.
B
A
B
C
And
you
agree:
we
are
a
us-based
company,
us
do
you
have
a
representative
here
or
how
you
so
we
work
with
a
bitter
on
the
services
side
on
the
not
on
this
product
side.
On
the
services
side,
we
work
with
a
system
integrator.
We
are
doing
a
one
project
for
a
u.s.
sorry,
Dubai
government
also.
So
for
that
we
work
with
through
one
of
the
you
know.
You
know
system
integrators
there
in
the
UAE.
So
on
the
services
side.
C
C
Exactly
so,
if
you
feel
like
that
I'll,
let
me
show
you
that
slide
once
again,
because
it
is
critical.
Look
at
these
guys
right.
These
guys
are
the
these
guys
are
the
very
face
on
the
right
side.
These
people
do
the
data
provider
very
fair,
and
you
look
at
these
people
say:
P
is
already
integrated
with
us.
Ibm.
C
We
did
it
for
this
rapid
software
connect
right,
I
mean
these.
These
companies
they
integrate
and
if
you
have
a
ERP,
you
can
come
and
integrate
now
come
here.
Have
a
partner
with
us.
You
know,
put
a
URL
a
degree.
Just
take
data
from
this,
you
know
depends
on
D.
You
can
take
only
the
data
which
your
company
has
access
to
a
company,
a
value-added,
a
high
value-added,
another
third
party
services
to
your
company,
or
maybe
you
can
do
it
any
company
right
all
right.
Thank
you
very
much.
A
A
C
C
As
an
example,
let's
say,
let's
say,
you're
doing
something:
the
logistics
I
need.
We
are
a
technology
startup.
If
you
do
into
those
is
who
is
going
to
help
you
with
selling
in
the
logistics
area
right
getting
everybody
so
for
B,
when
we
thought
about
what
we
thought,
IBM
procurement
is
right
team
we
went
with
them,
we
caught.
You
know
good
relationship
ether
and
seems
to
be
seem
to
be
working.
I
mean
equal.
If
you
are,
let's
say
logistic.
So
if
you
are
transportation,
you
know
you
find
somebody
in
transportation.
C
If
you
have
technology
come,
but
if
you
are
already
a
transportation
company
or
if
you
are
logistics
company,
then
they
have
to
find
a
good
technology
company.
Who
can
do
this
thing
for
you,
and
that
is
why
I
said
last
slide.
I
said
you
know,
somebody
was
taken.
Multiple
solution
to
production,
somebody
knows
the
expertise
of
the.
B
Team-High
satisha
been
asking
one
question
about
the
solutions
provided
by
the
companies
like
say,
for
example.
In
this
case,
all
the
companies
are
being
you
know
in
the
neighborhood
kind
of
has
big
names.
So
is
it
like
say
when
we
say
blockchain
is
you
know
being
considered
as
a
disruptive
technology
does
a
huge
potential
so,
as
the
so
say,
for
example,
the
social
networking
also,
for
example,
Facebook,
has
transformed
at
many
levels
of
our
lives.
So
but
the
number
of
social
networking
companies
out
there
are
very,
very
limited.
C
You
don't
know
how
it
which
way
it
will
go,
but
but
my
understanding
is
there
is
already
in
their
networking.
Like
you
know,
already
lot
of
hoy
started
between
integrating
multiple
blocks,
a
networks
know
much
of
the
auction.
It
was
interacting
each
other
kind
of
scenario,
so
we've
got
become
successful.
There
will
be
like
you
know,
multiple
many
providers
for
the
same
thing
there
they
all
integrate
and
talk
to
each
other
is
an
example.
C
Let's
say,
but
I
am
NOT
expecting
so
many
of
them,
because
it's
a
player
in
this
particular
scene
I'd
as
an
example
right
if
we
supply
the
basic
feed
freely
in
multiples
nominee,
because
I
one
buyer
in
one
night
or
chemical
by
another
vector,
can
go
by
another
vector
right
and
that
benefit
won't
come
in
right.
Yeah
there'll
be
some
kind
of
consolidation,
but
there
will
be
that's
what
I
am
expecting.
I
mean
it's
a
you
are
asking
my
opinion
right.