Intro om blockchain & Nøkkelbruksområder for blockchain med case studies og live demo Antonio Senatore - Senior Business and technology advisor @ EMEA Blockchain Lab Deloitte Antonio Senatore vil starte med å gi oss en introduksjon til Blockchain. Samtidig vil han fortelle litt om historien og den revolusjonen vi er midt i. Antonio vil svare på noen av de juridiske problemstillingene som Ragnhild tok opp rundt anti-hvitvask og Know Your Customer (KYC) konseptet. Videre vil han presentere de mest vanlige bruksområdene for blockchain og gjennomgå noen studier av bransjer og selskaper som er transformert ved hjelp av blockchain. Antonio er Forretnings-og teknologirådgiver, og jobber som Senior Manager i Deloitte Irland. Han rådgir bedrifter i teknologiske strategier, trender og arkitektur. Som del av Deloitte sitt globale FinTech initiativ 'The Grid', er det opprettet en Blockchain Lab for Finansielle Tjenester i Dublin. Denne laben har et team på 50 mennesker bestående av blockchain utviklere, designere og forretningsutviklere som tester grensene for hva teknologien kan brukes til, spesielt i finansiell sektor og hvordan den kan integreres og tas i bruk i eksisterende selskaper.

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Exponentially growing technologies
Growth rate

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Provide
paper
documents?
Always
provide same
documents?
Wait so
long to be
on-boarded?
Why do I have to…

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68employees
average number of
people working on
KYC
€60millon
yearly average
expenditure in KYC
procedures
24days
average number of
days to on-board a
new client
Manual and
Paper-based
Process
Back and Forth
Process
High Number
of Checks
Source: Thomson Reuters 2016 Know Your Customer Survey, ItProPortal.com, Deloitte Analysis, Press Clipping

12. 12 12Source: Thomson Reuters 2016 Know Your Customer Survey, ItProPortal.com, Deloitte Analysis, Press Clipping
Investor sends.. ..multiple
documents to..
..multiple Financial
Institutions..
..all performing
the same checks!
Investor Frustration Total Costs

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We can’t reduce the amount of KYC checks that a single FI performs,
but we can share the results with other FIs, dramatically
reducing workload replication and overall costs
€500Average cost
for investor
(Irish Transfer
Agents)
€500Average cost
for investor
(Irish Transfer
Agents)
€500Average cost
for investor
(Irish Transfer
Agents)
1st KYC 2nd KYC 3rd KYC
NOW
Source: Thomson Reuters 2016 Know Your Customer Survey, ItProPortal.com, Deloitte Analysis, Press Clipping

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Investor Frustration Total Costs
Source: Thomson Reuters 2016 Know Your Customer Survey, ItProPortal.com, Deloitte Analysis, Press Clipping
Customer sends multiple digital documents to just one Financial Institution that
performs the required KYC and stores the results in a shared platform.
Other FIs can leverage totally or partially on already performed checks

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To share KYC results we need a platform that guarantees:
Safe Data Sharing
Data Integrity
Auditability
Privacy & Confidentiality
Blockchain is the answer!

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DEMO

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In a blockchain implementation,
each participating organization
can connect their existing
systems to the network,
using the blockchain as a single
source of truth in the supply
chain, providing a balance of
transparency and security
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Supply chain on blockchain

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• Source: Deloitte, Upgrading blockchains: Smart contract use cases in industry, 2016
• Source: https://www.ibm.com/internet-of-things/platform/private-blockchain/
• IoT sensor identified condition
upon checkin
• When checkin is registered in
Blockchain Smart Contract
identifies contract breach
• Payment executed per contract

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• Source: https://hbr.org/2017/03/global-supply-chains-are-about-to-get-better-thanks-to-blockchain
• Source: https://www.provenance.org/news/technology/provenance-coop/
• Source: https://www.slideshare.net/JustinRamos8/blockchain-whats-all-the-fuss-about

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© 2016 Deloitte. All rights reserved 28
Market signals exist for ten use cases of blockchain technology in the public sector.
TOP PUBLIC SECTOR USE CASES
Governments digitize or augment the national
currency on the pathway to a cashless, digital
economy through cryptocurrencies
Citizens participate in secure and transparent online
voting system during elections or civic engagements
through smart contracts
Citizens, governments, and businesses use a
decentralized, standardized systems for secure land
title registry and land records management through
smart contracts
Government agencies, businesses, and citizens access
secure, immutable medical records shared among
healthcare providers, plans, and patients
Citizens, governments, or businesses employ blockchain
enabled proxy voting for transparent decision making and
enhanced compliance through smart contracts (e.g.,
annual Board of Directors meetings, etc..)
Digital Currencies
Supply Chain/
Traceability
Voting/Elections
Land Registration
Healthcare
Identity
Management
Corporate Registration Voting/Proxy
Businesses are established as legal entities via
blockchain, enabling automated smart contracts and
peer-to-peer equity transfers
Citizens register digital identity attributes on the
blockchain (e.g., DOB, address, nationality, etc..)
and permission governments or third parties to
access specific attributes as needed
Governments employ blockchain technology to digitize
and automate taxation services
TaxationEntitlement Management
Consumers, governments, and businesses track
origins of goods stored on decentralized,
standardized ledgers through smart contracts
Citizens participate in secure and transparent online
voting system during elections or civic engagements
through smart contracts

29. 1 Digital Currency / Payments
2 Land Registration
3 Voting (Elections)
4 Identity Management
5 Supply Chain Traceability
6 Healthcare
7 Voting (Proxy)
8 Corporate Registration
9 Taxation
10 Entitlements Mgmt.
** Blockchain Exploration
COLOR
CODING
KEY
Piloted / Testing
Announced / Planning
Facing Challenges / Stalled
MAP OF BLOCKCHAIN FOR PUBLIC SECTOR
Blockchain experiments in the public sector are accelerating globally, with a concentration in the U.S. and Europe.
TOP 10 MOST ACTIVE
PUBLIC SECTOR USE CASES*
HONDURAS
GHANA
UK
SWEDEN
DENMARK (x2)
ESTONIA (x3)
GEORGIA
UAE (x2) SOUTH KOREA (x2)
AUSTRALIA
UKRAINE
SWITZERLAND
SINGAPORE
CANADA
INDIA
CHINA
ILLUSTRATIVE EXPERIMENTS GLOBALLY as of March 2017
KENYA, NIGERIA,
UGANDA,
TANZANIA
Source: Deloitte analysis, 2017. Click on blue text for source.
*Measured by observing the number of public sector blockchain experiments planned, in progress, or stalled globally as of March 2017.
†Non-governmental blockchain use case.
Hawaii
RUSSIA (x2)
SOUTH AFRICA
USA (x13)
- U.S. DEPT. OF HEALTH AND HUMAN
SERVICES (HHS)
- U.S. FOOD AND DRUG
ADMINISTRATION (FDA)
- U.S. POST OFFICE (USPS)
- DELAWARE BLOCKCHAIN INITIATIVE
- ILLINOIS BLOCKCHAIN INITIATIVE
- ILLINOIS, COOK COUNTY
- TEXAS, LIBERTARIAN PARTY
- NEW YORK, LIBERTARIAN PARTY
- UTAH
- ARIZONA
- HAWAII
- NASDAQ
- U.S. CUSTOMS AND BORDER PATROL
FINLAND
TUNISIA,
SENEGAL
Utah
Texas
Illinois
Delaware
NASDAQ
USPS
HHS, FDA
Arizona
PHILIPPINES†
New York
ISLE OF MAN

30. Experiments are addressing the needs of citizens (G2C), business (G2B), and other government agencies (G2G).
Market signals exist for ten use cases of blockchain technology in the
public sector.
Use Case Definition Stakeholders
LessActiveMoreActive*
*Note: Activity measured by observing the number of public sector blockchain experiments planned, in progress, or stalled globally as of March 2017.

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