Assignment 1: Pitch Blockchain to your CEO

Baseline Protocol Course
#63

TO CEO MR JACK ALOY
FROM SRIRAM
SUBJECT : ENTERPRISE BLOCKCHAIN

Our product focuses on data management for smart city application parking, transportation , retail malls , water and electricity usage monitoring, supply & demand of water and electricity and revenue collection . The present approach is collection of data in different silos and post processing in machine learning and AI working on different platforms and operation cost and security control is 55% -60 % during last three years . This has been the issue for our company for taking new smart city projects. The average ROI is 15-20% in last three years.

The above issues can be managed in single platform where all departments can share the data both inside and outside the organization using Baseline protocol and blockchain technology .
Blockchain is a shared database or distributed ledger, located permanently online for anything represented digitally . Both private blockchain (e.g IBM Hyper ledger) and public blockchain (e,g Ethereum ) has been adopted in supply chain management globally and the ROI is 110% to 160% as per report of Coin telegraph.
Based on top of the Ethereum blockchain, Baseline is a smart contract and tokenization platform which employs zero-knowledge proofs, off-chain storage and distributed identity to provide solid security to private enterprise data against cyberattacks and other privacy concerns.
600 corporates are now using the baseline protocol.( “Boring is the new exciting” www.coindesk.com)
These tools will improve on past approaches in smart city data management reducing operation and security cost thereby increasing profits and taking new projects.
Companies future growth is dependent on blockchain in core business in next five years. Also there has been demand from smart city policy makers for application of blockchain for intelligent urban infrastructure. E.g Estonia has become the world leader in digitizing government. Dubai launched blockchain powered smart city project in 2016.(Smartcity council)
A team of domain experts of our company will work with Ubright on implementation of Baseline protocol to reduce the operation and security cost and explore the other applications .
I will extend my support the team to make the company future ready.

Best Regards
Sriram

#64

Dear CEO,

Seeing that we are in a very crucial turning point for both our company and for the whole field we operate in, I would like to point out to you the importance of adopting Blockchain technology for improving our supply chain experience.

Although many public blockchains have generally been known to be difficult to be implemented in physical business usecases, things are gradually changing thanks to a new and revolutionizing protocol, called Baseline, that allows Companies to take advantage of the very useful Smart Contracts technology without sacrificing the 3 P’s (Privacy, Permission and Performance).

I’ve been studying and monitoring Blockchain Technology and its related business solutions such as Baseline for a while already, therefore it would be a great pleasure for me to show you around this field in order to find out if we can find a solution that suits our needs and that could let us stand out of the competitors as we would be among the first companies to implement such solutions in our market.

Having said that, I thank you so much for your attention and I look forward to a meeting to discuss further about the matter.

Best Regards

Pierluigi

#66

Dear Jerry,
In the world today many traditional businesses are considered out of date or behind on technology. Native ways are becoming more and more insufficient. Incorporating Blockchain technologies can give your business the push it needs to surpass the competition. “What the internet did for communications, blockchain will do for trusted transactions.” Ginni Rometly, CEO of IBM.
We can start by thinking of Blockchain as “the internet of value”. A real time ledger of anything that can be recorded, financial transactions, contracts, physical assets, supply chain info etc. Blockchain will bring greater transparency, enhance security, improve traceability and at the same time reduce company costs.
Most times before a crisis or disaster, we are not given a warning. The Ecoli food virus is a great example. By placing a supply chain on the blockchain, it makes the process more traceable, transparent and fully digital. Each node on the blockchain could represent an entity that has handled the food on the way to the store, making it much easier and faster to see if one of the affected farms sold infected supply to a particular location with much greater precision.
Blockchain technology has proven far more superior to traditional business with record keeping systems. Transactions must be agreed upon before they are recorded. After a transaction is approved, it is encrypted and linked to the previous transaction. All of this Information is stored across a network of computers instead of on a single server, makes it very difficult for hackers to compromise the transaction data. Transactions can only be created and edited, not deleted. Assuring no foul play behind closed doors or excuses about a “lost invoice”.
Reducing costs in your business needs to be a priority. With blockchain, you don’t need as many third parties or middlemen to make guarantees because it doesn’t matter if you can trust your trading partner or accountant. Instead, you just have to trust the data on the blockchain. You also won’t have to review so much documentation to complete a trade because everyone will have permissioned access to a single, immutable version.
Blockchain is already making positive impacts in many big name corporations like IBM and Walmart. Before moving its process to the blockchain, it took Walmart approximately 7 days to trace the source of food. With the blockchain, it’s been reduced to 2.2 seconds. Removing unnecessary phone calls, long emails, disorganization and trust. The Blockchain “shows” it doesn’t need to tell.

#67

Dear CEO of Big Traditional Bank,

First of all, thanks for your attention. I know your time is quite limited, so I will go straight to the point: your business is going to disappear.

No, I am not out of my mind. Let me explain it to you in under 2 minutes.

The two reasons your business is going to disappear are the following: CBDC and cryptocurrencies.

You may be aware of both trends, but just in case, let me summarize them for you:

  • CDBC: these are the next form of money that will be issued by central banks. The digital euro paper is a good place to start.

  • Cryptocurrencies: cryptocurrencies have gone from a cyberpunk movement to a well accepted investment asset class and payment method. Paypal adoption and JP Morgan papers are a great place to start digging.

So why are these two trends going to make your business disappear?

Well, they both point towards one thing: bank disintermidiation. This means, people no longer need banks to manage their money. They will do it through a central bank or through payment apps such as paypal. And they can do it faster, cheaper, and more conveniently, because they will have superior technology. This technology is called blockchain.

For you, this changes means less deposits, and without deposits, you cannot generate new loans and no loans means no business (to put it simple).

How long it will take YOUR customers to embrace this new technology? Probably they will do it in the next 3-5 years.

But there’s also good news, you can level the playing field with central banks and fintech by adopting blockchain technology too. Yes, a few years ago there was a lot of hype, but we are in the part of the technology adoption cycle were there is true value.

Now you can transform your processes and also make your payments faster, cheaper, more secure, and even more scalable by using blockchain technology. Unibright and baseline protocol will help you to do so faster than you think.

In order to conclude, you can think of blockchain now as the internet in the early 90s, a revolutionary technology that few could foresee how it would transform the financial sector in the next 20 years.

I know you are quite busy, so please, if this sounds interesting and you would like to now more, I will be available whenever you want to go into more detail on how we can leverage on this technology to transform our business model and profit from these trends instead of sinking like many others will do.

Regards,

1 Like
#68

Hi Ruud,

I love the hard cold truth telling style. Just posted my pitch. Hope it meets your expectations. I just put my big boy pants!

Many thanks

#69

My company is a non-profit organization. I work as a music teacher and music therapist in a school. The question arises, why should blockchain be useful in the educational sector, when education is all about methodology, didactics and relationship. Technology rather triggers fears that humanity will be lost. My case study is not about how blockchain saves money, but how blockchain helps to relieve the quality of teaching in terms of methodology, didactics and humanity. An important aspect that very often poisons the relationship between teacher, parents and students is the topic of evaluation. In this respect, smart contracts could really help as a trustless zone to bring more justice in the sense of fairness and a game with open cards. (https://blogs.tib.eu/wp/tib/2017/10/16/a-very-quick-intro-to-blockchain-and-open-scholarship/) Learning and work protocols could also be developed and recorded in a smart contract. If the child works on this curriculum, smart contracts provide for rewards or the activation of positive assessments. In classic companies, we would be there for bonus payments. In addition, the student could also learn to write his or her own smart contracts and thus become his or her own authority. I think this would contribute to a democratization of school life. Away from faith and dependence on authority, and towards peer group work. Students need teachers and teachers need students.

#70

Hi Mark (CEO),

As you know I have been investing some of my time researching blockchain and how it could disrupt our traditional notary business. I want to give you a brief update on my findings and recommendations so far.
Although blockchain is known for its open-source technology and transparency, there are some more private solutions more suitable for our business. As a company, we could use a private blockchain which gives us the benefits of technology but protects our company data.
Overall, the performance of blockchain technology is only in its infancy days, it would be suitable for some of our more simple use-cases in the company. Especially the more complicated cases which need the storage of many big files/documents will be a big challenge at this moment. But, a simple use-case like a will, would certainly be possible in the blockchain.
Blockchain technology also offers us a solution to stay in control of the data if we want. This could be done through the use of private blockchains like baseline or fabric. In some use-case completely open-source blockchain would also be useful for us.

In my opinion, we have to start adapting blockchain technology in order to better understand the impact this technology will have on our business model. By starting with the smaller and most simple use-case we give ourselves the opportunity to learn. I would be very happy to explain the details more in-depth face to face.

Kind regards,
Nick
Innovate or Die!

#71

Date: 28th of Oct 2020
To: Daniel, HR
MEMO: Implementation proposal for Blockchain

I am presenting this proposal that I believe could have a positive impact and reduce costs in the selection process of our personal. Checking the credentials of candidates, checking references, or updating employment contracts are just some of the applications that the blockchain we can utilize in human resources. In this way, the blockchain allows digital operations between two parties to be carried out safely and without the need for intermediaries. This means saving costs and ensuring data security.

According to the Hays consultancy, (https://www.haysplc.com/~/media/Files/H/Hays/hays%20journal/Hays%20Journal%2015%20LR%20Final.pdf) the blockchain could impact the following areas of human resources:

Identification of candidates

Encryption and secure storage of candidate information on the blockchain facilitate talent selection and efficient identification of potential candidates for the job.

Employee history

The possibility of adding data to the employee’s information allows you to update your profile with the different tests, interviews, or processes to which you present.

Verification of information

The blockchain can be used to verify the identity, qualifications, credentials and experiences of the candidate during the selection process.

Employment contracts

Through “smart contracts” the blockchain allows keeping professional contracts up to date. Thus, contracts can be scheduled to be updated based on compliance with the conditions and make the corresponding bonus.

Payroll and wages

In addition, a possibility is to incorporate the blockchain and bitcoin into the field of payroll. The bitcoin market begins to generate confidence and gain strength and this currency could be incorporated into payrolls in the future.

All of these possibilities are offered by this new technology, with a high level of security and privacy.

#72

CEO,

Blockchain technology is a revolutionary general purpose technology similar to electricity and the internet and has the ability to create efficient and reliable systems that advance the human race. It can be applied to just about any industry; as the internet has penetrated almost every aspect of civilization, as will blockchain.

In combination with other automated technologies such as AI and IOT, Blockchain technology can reinvent the Hospitality and Service Industry in many ways and I strongly urge you to consider researching and possibly implementing it into our operations.

Potential cost saving benefits of implementing Blockchain into the Hospitality Industry:

  • Automation of Inventory and Accounting
  • Contactless Payments promoting Sanitation/Safety/Health
  • Digital Reward Program with branded digital currency
  • No Credit Card Charge Backs
  • Low to No transactional fees using digital currency

Additional Benefits:

  • Transparency of operations
  • Alignment of interests between business, service professionals and community

The possibilities of value exchange and transparency are virtually endless. No one could have imagined Facebook in 1998 as the internet was beginning to boom, just as no one can imagine the applications that will be built on blockchain over the next 20-30 years.

Thank you for taking the time to consider this implementation, I would be happy to explain further details in a meeting and provide some examples of what early adopting companies are doing with the technology.

Kind regards,

Chris

#73

Very interesting concept/idea. I like it!

#74

1h

Dear CEO;

The technical space in which we work and live is changing rapidly as we are all aware. As a result of studying and following blockchain technology, it would be prudent to bring to your attention the great advantage to be realized by today’s companies in terms of efficiency and the bottom line and to explore how this technology and improve and better serve this company’s needs. This can be accomplished with Baseline Protocol technology, while adhering to the 3 core enterprise values of privacy, permission and performance, relative to one’s data needs.

Major corporations from various industries banks, financial, IT, and retail institutions, are already adopting blockchain to handle their data, supply chain and contract needs. We can see the trend evolving toward blockchain while solving many inefficiencies in the current internet structure.

What kind of enterprise needs can blockchain meet?

  • Allows messaging between specific partners
  • Stores data in a tamper proof way
  • Restricts access to non-need to know parties
  • Provides a blockchain foundation for fast and scalable solutions

Additionally, blockchain can handle administrative needs such as:

  • Keeping a list of directories and business partners
  • Tracking of processes and paper work to better explore and visual these processes
  • It can connect and integrate off-chain systems while combining blockchain solutions
  • It can tokenize company assets for a variety of into-company and extra-company uses
  • Enables the ability to build Decentralized Applications
  • Supply chain tracking

I would be happy to expand on this information and assist in coordinating the implementation of this cutting edge technology.

Sincerely,

#75

Dear CEO,

The new economy is upon us.

A new frontier of technology is here but not well communicated.

For years, we have been working tirelessly to serve our customers with excellent service, deep trust, great care, dedication and authenticity.

What if we can fortify our business model with clearer transparency, enhanced security, better traceability, increased speed and greater cost savings?

Will you be interested?
.
.
.

Read on, I’m happy to share.

Value proposition:

Blockchain kills inefficiency!

Blockchain automates and streamlines processes. It is programmed to record and track anything of value chronologically. The many use cases include supply chain management, traceability, storage of digital identities, as well as financial transactions.

Every transaction is immutable. As the distributed ledger is shared across a network of computers, it is resistant to censorship, fraud, double-spending and hacking efforts. The database recorded has greater accuracy, consistency and transparency as compared to having multiple individual copies.

Ultimately, blockchain has no single point of failure as a decentralised network.

1. What about trust/permission?

Blockchain stores data in a tamper proof way. Once the file is created, it cannot be reversed or edited. It allows participants to publish an audit trail which presents the transaction origin and its subsequent blocks.

This builds trust and reduces the ability for data tampering.

2. What about privacy?

Blockchain allows messaging events between partners and restricts access to certain parties. A party can determine the validity of information shared by the other party without having to disclose sensitive data.

This protects private information.

3. What about performance?

Blockchain is fast and scalable. The transaction enables both the accounting and settlement near real-time. With a peer-to-peer (P2P), business-to-business (B2B), or business-to-consumer (B2C) system, two participants can transact directly with each other without a trusted third party.

This eliminates the middlemen.

What about our future?

Top companies are constantly searching for new business development, integrations and adoption of cutting-edge technologies.

Is enterprise blockchain the game changer we have been searching for?

Warmest regards,
Marcus

#76

Good Afternoon Manny,

Hope you are enjoying your time in NYC shopping the markets. I was extremely excited and inspired by the RFID Blockchain Project we have been collaborating on with Auburn University, Nike, Walmart, and other industry leaders. Truly inspirational.

As I can imagine, you are already thinking about the next five years and how to make PVH retain its market leader status in the denim industry as you secure and train your successor. do not have to share how much being on the blockchain can support PVH’s journey into the future of fashion specifically denim.

With the sustainability of the denim industry under continual fire, transparency, and protection of PVH’s intellectual property is paramount as we move forward in this ever-evolving industry. There is no better time than now, post COVID19 to embark on the transformation of the entire ecosystem. Even more so with SAP collaborating with Baseline.

Having spent decades working for the Gap and Levi Strauss, it’s our duty as market leaders to make the denim industry and its respective supply chain and business processes more sustainable and aligned with others in the industry to be more interoperable vs working in silos.

Blockchain will afford us many benefits however there are a few ways that keep popping up in my mind that will help us save money and become more efficient.

  1. Managing forecasting, planning, and pricing inefficiencies that have been showing up in our strategic merchandising sessions across the brands and the business lines.
  2. Maintaining privacy around sensitive data through various methods. For example, our tiered customers, our stores, and our franchisees enabling them to access to only selected which will solve any categorical pricing issues for our sales teams by creating private channels so that only a selected group of people can have access to selected data, Also, will provide us with directories of business partners and their blockchain addresses.
  3. Performance on handing transactions. We all know how much struggle the business has had with our infrastructure and the impact of multiple systems, SAP being one of them, that can slow down our processes at critical times to market. Blockchain is fast, scalable, and efficient in handling transactions.

We all know that this will allow us to keep the top spot as Digital Innovator in the Fashion industry. We can even use it to issue tokens and build Defi apps that work on tokenizing assets for smart contracts or corporate governance worldwide.

Let’s make time to chat after the holiday selling season in Feb.

All the best to you and your family,

Aimée,
CBO & Board Advisor, Innovative Technology

2 Likes
#77

Email to: CEO of NGO

Subject line: Compressed cycle times by more than 90% and cut costs by 40%

Dear Mr. Kobayashi
We all hold dearly into our heart our mission “ To provide basic education and healthcare to underprivileged children”.But our records for the last two years are showing that we are falling short of our goals and our mission might be slipping through our fingers! There are many factors contributing to this such as: Covid19, decreasing donations, expanding overheads among others. So how to we deal with such challenges?

I have a solution and its called BLOCKCHAIN. Blockchain is an immutable distributed per to peer system that its always on and is censorship resistance. To learn more about blockchain click here

What makes this new technology more exciting is the ease, and efficiency in which we can integrate blockchain and other ERP into our business using standards techniques such as BASELINE protocol and Unibright framework which is built on top of baseline protocol. We don’t have to worry about private, permission and performance which is covered by the protocol.

I will mention briefly what we can achieve or hope to achieve using this new solution:

  • Compress the time the donations reach the recipients by more than 90%.
  • Donors can track their donations and verify that they served the intended purpose.
  • Get more quality and varied donations such supplies and other merchandize instead of money and have ability to track them unto the final destination
  • Finance projects using crowdfunding and tokenize the projects and involve the local communities.

All this translate to reduced capital and operating costs, more transparency, better relationships between donors, recipients and other partners, better managements of business process etc the list is endless.

Think about it. This is too big to miss out.

I would be happy to expand on this information and assist in coordinating and implementation of this cutting edge technology.

I’m available this Friday from 3 pm. Let me know whether that time works for you.

Carolyn

The sky is the limit.

1 Like
#78

Dear Sir,

as you know I am constantly looking for a better way to handle our business and make it more reliant, faster, secure and more Profitable.

I see a new great opportunity in this direction, when looking at the blockchain Technology.

We have a Company that has direct interaction with provider and clients. So I am convinced that this technology can assist and improve these processes in the Future.

We could realize improvements in privacy, performance and permission handling in our relationships with our providers and clients.

In particular the Unibright blockchain solution (integrated with SAP) would processes and opens this new world of improvements for us.

If you could spare one hour of your time, so I can present you these opportunities and how this would elevate our Company into this Future of Businesshandling.

Sincerely,

Florian Fahrner
Development Department

#79

Date: 2 November 2020
From : Miguel Roman
To: CEO of Nice Bank
Subject: Blockchain application in our company

As background, It is well known for our industry that the number of households with a mortgage is predicted to fall to 7.2 million by 2025, creating pressures on costs and growth. Meanwhile, complex processes with multiple intermediaries, and duplication of data entry keep banks costs high and impact client service.
Blockchain technology may radically alter the process through which consumers buy a home, as well as the way financial institutions handle mortgages. It could also dramatically change the way mortgages are serviced and sold on the secondary market. According to a recent Moody’s study, blockchain technology could save the mortgage industry $1 billion every year by cutting down on fees and redundant audits every time the application changes hands. Please follow the link below to the study mentioned.
[https://www.thesimpledollar.com/mortgage/blockchain-technology-for-mortgage-lending/#:~:text=But%20according%20to%20a%20recent,time%20the%20application%20changes%20hands.]
Some of the benefits using blockchain technology will be: 1) Data is trusted, accurate and secure no data duplication or reconciliation errors 2) Process steps can be automated into smart contracts 3) Reduce the complexity and cost (e.g.Legal fees)
I know you may have concerns about privacy and permission but I can explain how this can be tailor made solution to keep some information private while other can be access on a permission basis and other can be public.
Looking forward to have a meeting with you to provide you with more ideas and explanation on the questions you may have,
Best,
Miguel

#80

Dear Mr Mattell,

My name is William Walker and I am a Blockchain Integration Project Manager. I am writing to you today because I have identified several opportunities for you to increase the bottom line of your company through blockchain integration.
Your company stands out amongst the competition in the IT and Data security sector for the small to medium size business. The business stack solutions you provide to your core client help them to serve a valuable and important function to the businesses they serve. The emerging disruptive technology of Blockchain along with its benefits and improvements in efficiency, security, privacy, auditability, and functionality has much to offer not only your clients and their businesses, but also your business as well.
I would love to discuss with you in detail how this innovative data structure can improve productivity, reduce costs, automate business functions, create revenue, and solidify your market position among the competition.
Implementing this strategy now will create a new suite of products, enhancing revenues up to 30% or more. It will also streamline business operations in several aspects to help your business reduce costs by more than 20%. In addition, the privacy and security of your networks and transactions will improve to exceed the highest industry standards. Finally, establishing yourself as a leader in innovation will generate new opportunities for growth and innovatiion while serving a growing sector of larger businesses which could propel your revenues to the next level.
Providing enterprise grade business solutions for growth and efficiency is exactly what this technology was created for, and Rapid Fire has the opportunity to be first mover in packaging these solutions together in managed service suite that will help its clients realize the reality of your company slogan, Close more, offer more, keep more, do more.
Embracing new technology can be a scary thing, especially when you’ve built your entire business reputation of being an expert and providing world class service and functionality to your clients for over a decade. There is a saying i love to repeat… Innovate or Die. This technology is coming. The advantages are so huge it cannot be stopped. The speed, automation, efficiency, transparency, auditability, and business intelligence that blockchain enables is a paradigm shift for the modern business.
In closing, I would like to mention two very important aspects of your business that make you a great incubator for this tyoe of innovation. Firstly, your business is highly transactional. This is important because at its core level, blockchain is really just a new type of Data Structure. The nature of your business relies on secure, fast, reliable data and its protection, so its a natural fit. Secondly, your business is based on a subscription model. These subscriptions are your companies lifeline to revnues and income. Blockchain technology, with its smart contracts, is a natural fir to help get the sticks and stones out of your processes for permissioning, managing, and automating these processes. Lastly, because you are a service provider to service providers, you are in a unique position to doubly benefit by developing a new suite of blockchain related services to sell to your clients, in addition to realizing the efficiency and organizational benefits of converting to a distributed ledger system.
Thank you very much for your time, and I look forward to speaking to you soon. below i have listed a few links that might answer some questions and enlighten you as to this technology is benefiting other businesses and could be deployed in your business environment.

Kind Regards,
William Walker

Back Office
https://insights.conduent.com/conduent-blog/blockchain-and-the-back-office-why-transforming-finance-accounting-takes-a-trusted-transaction-partner

IBM Blockchain info
https://www.ibm.com/blockchain/for-business?p1=Search&p4=43700050370593202&p5=b&cm_mmc=Search_Google--1S_1S--WW_NA-_-%2Bbusiness%20%2Bblockchain_b&cm_mmca7=71700000061222560&cm_mmca8=kwd-362525655498&cm_mmca9=EAIaIQobChMI4vTJ0Onr7AIVBbbICh3yKQTFEAAYASAAEgIgjPD_BwE&cm_mmca10=406205799107&cm_mmca11=b&gclsrc=ds
Compliance
https://www.openaccessgovernment.org/blockchain-technologies-automatic-regulation-compliance/41885/

Data management
https://info.aiim.org/aiim-blog/the-applications-of-blockchain-in-data-management
Deloitte stance
https://www2.deloitte.com/content/dam/Deloitte/tr/Documents/technology-media-telecommunications/Blockchain-and-Cyber.pdf

1 Like
#81

To the CEO,

Blockchain’s underlying technology is one that will catalyze the rise of Information Age - a decentralized, trust-less network with peer-to-peer transactions and smart contracts. For the first time ever, it’s possible for a company in Silicon Valley, CA to hire a young developer in Zimbabwe and pay them through the blockchain (…I’ll get into more detail on that below). The company would drastically benefit from being early adopters of this new technology - it’s use cases align with our company mission and vision.

Blockchain for enterprise exposes the company to strategic long term partnership with various organizations in the blockchain and can work/collaborate with anyone in the world with legal or third party regulations. In a decentralized network, privacy, permission, and performance justify the importance use case of blockchain.

Privacy:
Data will be stored in tamper proof way in the blockchain. Payment services directive [PSD2] and general data protection regulation [GDPR] methods will be used for payments and client data protection. Parties involved can each verify each other’s informations without disclosing additional information through on-chain zero-knowledge proofs [ZKPs]. Off-chain solutions are adapted to handle computation on hard software systems.

Permission: Can decide who to interact with, private groups restricting access to the participating parties (company in Silicon Valley, developer in Zim) and directories of business partners and their blockchain addresses.

Perfomance: Ability to handle over 1000 tx’s using different on-chain first layer solutions like sharding, which allows data to be split into different nodes, and separately be stored to improve efficiency of the system/network. State channels, a second layer solution that don’t require any changes in the base protocol layer. Less technical with easy UX.

The company will be also benefit from tokenizing assets in the DeFI space which is beneficial for fundraising, smart contracts, and governance. The Information Age is here and we are early in the game. Time is “literally” the most valuable asset in decentralized finance - the blockchain solves this as it is fast, scalable, and has explorers to keep track and verify transactions

See a few case below where companies are adopting blockchain technology as part of their product chain:

https://www.ledgerinsights.com/baseline-protocol-ey-consensys-microsoft-enterprises-public-blockchain/

https://provide.services/news/provide-partners-with-unibright-to-create-first-baseline-toolset-for-enterprise-blockchain

https://blog.shipchain.io/shipchain-joins-baseline-protocol-initiative/

Thank you for your time. I’m looking forward to hearing from you, and I’m also available tomorrow to discuss more about this matter.

1 Like
#82

Dear CEO,

from your last company meeting I see that you are working hard and focusing on the problems to get where the communication inside the company is lacking. The suggestion to always use written form is good but I suggest you to improve it a lot thanks to blockchain. In this case you will be able to check at every stage what is the status of the ticket. Not only: you will be able to check who made amendments to the original arrangments and why. This will allow our big company where the simultaneous cooperation of many people is required to make progress.
Furthermore blockchain can work even for new ideas and project. Anyone may start to suggest a project that may gather new improvements with the help of each member of the company.
This innovative database system is now widely used also for transactions and in the financial world. I am sure that it will help our company to optimize time and energy and will improve a lot the inner communication.

#83

Dear CEO,
I have been with the company for more than three years already and had enough time to learn and observe all business operations. While performing my duties I have identified many issues that slow down operational processes and can easily be addressed by new technology which is BLOCKCHAIN.
Please, let me list some of the main issues and explain how this new technology could enhance the efficiency, as well as reduce the cost of overall operation of the company, which would contribute to faster and healthier progress and more profit for the business.
To give you a general idea about what blockchain can improve in business, please see this article: https://www.ibm.com/blogs/blockchain/2018/02/top-five-blockchain-benefits-transforming-your-industry
Below I listed couple of most important PROBLEMS we are facing now.

  1. Reporting inconsistency – our database and reporting service company’s database has some discrepancies. Investigating and correcting those errors each time new report is generated is extremely time consuming.
  2. Data is not transparent and/or inaccessible for members as that would create privacy issues. That situation makes them to call our office multiple times a day trying to get those information which we often do not have on hand as it is hold and kept by our reporting service partner.

SOLUTIONS
Problem 1:
If we implement blockchain, which is a protocol (not a software), we can integrate our both “systems of record” (even though they are different kind of systems) to make sure that our record is the same as Reporting service’s record. Also, any changes we or they do with that record or adding a new one would be done with integrity for both sides WITHOUT having our system to control or accessing their system and vice versa.
More about it here: https://info.aiim.org/aiim-blog/the-applications-of-blockchain-in-data-management

Problem 2:
With blockchain we can also create private channels for members to access LIMITED information. The Zero Knowledge Proof method is a perfect way to give members the access exclusively to their records without disclosing any additional info.
BENEFITS:

  1. Saving at least 5-10 working hours weekly by eliminating those problems, that could be cut from schedule or used on other profitable projects.
  2. Reducing Reporting service’s fees as blockchain would make their life easier, as well.
  3. Reason to increase membership fees as our customer service enhances significantly.
    Later we can apply blockchain solutions to accounting and other operations, which will bring us even more savings and profits.

The solutions mentioned above and much more is offered by Baseline Protocol, which you can read more about here: https://medium.com/baselineprotocol/how-the-baseline-protocol-integrates-chainlink-oracles-fc66be703c6e

I would really like to meet in person and discuss those matters in details.
E-mail:
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