I think it is a great course Ruud. I would like to be part of this journey. I would like to connect to you. I am also Dutchđ
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Possible advantages of public blockchain:
Use it when communicating or creating agreements between companies / legal entities. Probably not necessary to use it for internal integrations.
- Privacy
- No trusted 3rd party that you provide all of your sensitive commercial information.
- While keeping no indication to the outside word that there was an interaction or who the interactions were between
- Possible to set up permissions and groups as we have already
- Automated auditability of agreements
- possible to use zero knowledge proofs to audit some aspects while keeping details private
- Tamper proof data / Non repudiation of agreements due to immutable blockchain infrastructure
- Authoritative commercial document versioning
- No set up/maintenance of underlying robust blockchain infrastructure
- Extremely high availability (uptime)
- On-chain data is stored forever without us doing anything
- If there is a requirement to be able to delete certain data it can be stored off chain and just referenced on chain
- A public blockchain is run by distributed network of computers incentivised to keep it running
- Pay as you go (just pay transaction fees)
- The integration fabric (the blockchain) is not owned by us and we donât have to set it up (although we have to set up supporting systems and configure our usage of it)
- Low barriers to onboarding supplier / channel business partners e.g. in RFP
- Flexible and visual workflow designers
- Use of tokenised assets as part of workflows
- SAP, edifact integration via Unibright
- Possibility to extract data about interactions for analytics
- Supply chain integrity
- Immutable on chain data which can be updated from every company or entity in the chain of custody
as iâm CEO of my company in which for sure i see a need of implementing blockchain technologies i can pitch my self of learning more about Baseline and blockchain in order to have better understanding and whole idea step by step how to add best solutions.
for my business where iâm at most important is privacy, transparency and performance!
Excited to be on this course and learn more!
Dear CEO,
The company spends a lot of time and money on making sure our procurement process is compliant with government regulations. Blockchain technology could be integrated with our current system to automate records and make them easily auditable. Using baseline protocols this information could be made secure, while allowing external auditors access as needed to ensure compliance.
Here is an article that covers several benefits this technology would offer:
The bottom line is this process could be streamlined, saving the company significant costs.
I look forward to discussing this further with you. Regards.
Dear CEO,
The technologies are quite quickly improving as we saw in the last years.
Blockchain is one of the latest developments which we should watch very closely.
Several quite big companies already stepped into the game of having either private Blockchains like Hyperledger Fabric or a hybrid btw public and private Blockchain (so to say a cherry-picking-system) named Baseline Protocol.
I just name a view - Coca Cola, Ernest & Young, Walmart,âŚ
If you have a closer look you will see that not only specialiesed IT companies are diving into the field of Blockchain - no we have big players like Microsoft increasing their expertise and their products in this new technology.
What can Blockchain offer us?
a secure and temper proof way of data (not everything has to be on the blockchain - we can decide what we want to have on and what we want to have off the chain)
we can give restricted access on private Blockchain or on Baseline
private BS or Baseline protocol is fast and scalable
Baseline Protocol can connect off and on chain systems and it can connects our service provider to us (even if they have completely different systems) - so faster communication and costs decreases in our purchase systems can be established
I hope you see now, that this technology is the future and that we should jump on the first mover advantage.
I started the course so early and took me a long time to paste this email here.
Itâs actually a real email that I sent to a senior executive at the organisation.
I redacted some of the lines and slightly changed names.
Hi Bob,
Apologies for the unsolicited email, I was wondering how blockchain could benefit the Portfolio at the HUGE organisation. I collected some thoughts in this email and would like to ask for your time or pointing me to someone whom I could talk to about blockchain applications at the bank.
Outside of work I am spending a lot of time studying blockchain and its applications, both doing self-study and studying in courses. In one of the courses my homework is to write to the CEO or a senior manager at the organisation to introduce him/her to blockchain.
Personally, I see both public and private blockchains as disruptors to the financial industry.
Public blockchain related projects have already formed the financial market and will continue to do so (Bitcoin, Ethereum, etc.). There are decentralised finance projects providing services that are similar to banks, including lending, insurance, derivatives and so on. There are so many public projects, from payments (https://defiprime.com/payments) to KYC (https://defiprime.com/decentralized_kyc_identity).
There are also organisations, like Kraken who are âblockchain and digital asset firstâ, but acquired banking licence recently - showing how the financial sector is being changed.
https://www.natlawreview.com/article/kraken-becomes-first-digital-asset-company-to-receive-us-bank-charter
But there are not only public blockchain projects, I know that ⌠(inserting here the project that the organisation already did).
There are payments projects at banks, like Bakong (Cambodia Central bank worked on a real-time payment system using private blockchain Hyperledger Iroha. https://soramitsu.co.jp/centralbanking), and the list goes on.
I believe HUGE organisation could be in the front, when it comes to fintech innovation - and if there is anything that I could help with, I would love to do so.
Please let me know if you would have half an hour or if youâd recommend someone at the portfolio, who is looking at blockchain related improvements.
Thank you for your time.
Kind regards, Gabor
Date: 5th December 2020
To: Simon Stevens CEO NHS England
From: DrDeFifi
Subject: Blockchain use case
As our systems and procedures are continually increasing requirement for Privacy, Permission and Performance, I feel it is necessary to minimise the discrepancies and limitations of the healthcare system and reduce the losses, increase patient care and good outcomes by targeting these key positions. I would advise the implementation and integration of the blockchain technology system into our current operations to innovate new and exciting advances in care systems and tests, payroll, supply chain, Human Resources, record keeping, accounts, individual practice and almost all process where the data reconciliation process is costly, error prone and ineffective.
The link to this website provides scholarly articles to assist your understanding of the massive implications this can have on current systems for the better https://blockchainhealthcaretoday.com/index.php/journal
I understand the core pillars of the industry - Privacy, Permission and Performance, I understand the blockchain process, which improves process integrity, audit ability and efficiency; and I understand the current climate of healthcare, having 20 years frontline experience within the industry . Please take a look at this link https://healthcare.report/Resources/Whitepapers/946ece8c-e671-4452-b068-5e8c38b2b1ca_blockchain-bookchapter-2018.pdf. The technology is new but has proven application.
I want to invite you to take advantage of leveraging blockchain to improve these key transferable areas, reduce costs, streamline workflow , improve revenue cycle and healthcare as a whole
It would be great to have a meeting so I could provide you with an overview of the technology and future roadmap
Many thanks
DrDeFifi
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Just in case you missed out,
this is YOUR CHEATSHEET TO BLOCKCHAIN SECRETS & your extended life expectancy.
IMAGINE that 99% OF YOUR TIME is BOUGHT BACK BEFORE 2025âŚ
The other day I HEARD you
You were yelling at your employees for spending $50,000 without keeping record on where the funds were going!
I know this caused you stress, time wasted, and money essentially lost from not knowing what your money is being used forâŚ
BTW I got your email from your daughterâŚweird storyâŚ
DID I PINPOINT YOUR PROBLEMS?
- EMPLOYEES NOT TRACKING PAYMENTS
- NOT KNOWING TIMEFRAMES FOR COMPLETED JOBS
- PAYING EMPLOYEES MANUALLY
- DATA ISNâT SECURE & CAN BE LOST DUE TO AN OUTAGE
- YOUâRE REPEATING ENROLLMENT SYSTEMS FOR NEW CLIENTS AND TEAM MEMBERS.
Thereâs more i knowâŚ
YOU WANT A TRUST-LESS, ALL FACTS AND NO SCRAPS system to streamline all of the processes above + moreâŚ
INTRODUCING
BASELINING BASELINE PROTOCOL
Here is 2 videos explaining BASELINING by John Wolpert
https://www.youtube.com/watch?v=dpLM9NVbw8w
https://www.youtube.com/watch?v=rh8blVzzZ5A
You have a data and client management system already and this is how weâll integrate your data processes already with this new technology!
ALL IN ALL
Why is Blockchain important in business?
The most significant advantage of blockchainâs distributed ledger is reduced operational costs.
By eliminating the middleman, or data gatekeeper, blockchain allows ** your company** to quickly and easily trace products and transactions all the way back to their roots.
You may be thinking right now
I dont have money
I dont have time
i dont have patience
i dont know the basics
i dont see the vision fully
This is why Iâm inviting you to a zoom presentation or a fancy dinner with my team to explain the process and implementation we will go through to execute this life & business evolving technology.
P.S
Here is a USE CASE for Baseline Protocol in Coca Colas business in North America.
Perhaps the most notable Baseline Protocol use case is in the beverage industry. Coke One North America (CONA), the IT platform for Coca-Colaâs North American bottling business, recently announced that it would trial the Baseline Protocol.
As such, Coca-Cola is de facto trying out the Baseline Protocol for its bottling business. This is being done to boost transparency and reduce errors relating to âcross-organization supply chain transactionsâ.
read more about this here
P.S.S
I look forward to your stern & respected reply!
Lets take over!
#WealthyVibesOnly
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dear our beloved CEO of ArtSociates, https://artsociates.com/
Acknowledge the vision of ArtSociates, aiming to be one of the leader for art and culture development and innovation, focusing on the creative industry management to promote Indonesian artist into a broader audiences, and its mission to strengthening the fundamental of their intrinsic qualities, having a reliable provenance and keeping out forgery of Art collection using the latest model of information technology like Blockchain will be a new normal way of how Art Market works in near future. The implication of real time data verification would maximized the potential of our talented Artist and Art Works, both in the real and digital world.
Big appreciation for your attention on this letter, hopefully had a chance to explain more in the future if this ideas makes you interested to found out about how this will work in the technical level for ArtSociates.
All love and respect,
Links of article about Art Provenance in Blockchain:
https://www.artnome.com/news/2018/1/26/why-use-blockchain-provenance-for-art
https://privateclient.cyrilamarchandblogs.com/2020/07/provenance-in-the-art-market-is-blockchain-the-way-forward/
https://medium.com/maecenas/how-blockchain-can-improve-art-provenance-and-why-this-is-important-ad74342ccf1b
Dear CEO,
I believe that the implementation of a blockchain system could greatly increase the efficiency of our production tracking and data management. The ability of the blockchain to store all information about each step in the production process will reduce time spent in data logging, retrieval and analysis. Additionally, it offer further opportunity for data analysis, which can increase our overall production efficiency and yield.
Along with its potential to improve the efficiency of our processes, a blockchain can be the solution for the needs that our company has for data privacy, permissions and scalable performance.
Blockchain solutions for enterprises are being implemented in innovative ways using Baseline Protocol and by initiatives such as OriginTrail. Below are a couple of links to support the information that I have provided and to show how blockchains are being used with companies such as ours.
Dear CEO,
I have an excellent proposition for our aviation supply chain. As you will know that within our warehouse inventory of aviation parts and tooling there is a huge amount of paperwork involved particularly manually input of data which is not only costly on the paper but extra manpower as itâs about Trust and CAA must legal must. I feel that Blockchain technology could give us a fantastic opportunity of saving costs for the pointless amount of paperwork involved and cut out some manual inputting of hours of data.
Dear CEO,
I am writing to you with regards to a new technology which I think you should already have heard of by now, blockchain technology, and how it can help your current business to operate more effectively and be more productive.
Blockchain uses three major pillars which are Privacy, Permission and Performance.
Since you operate mainly in the import and export sector, please see below how these three pillars will positively affect your operation:
Privacy- Data can still be kept private between parties if needed without affecting the flow of the transactions/processes.
Permission - safety first, you donât want all your company data to be accessible to unauthorized parties or competitors, blockchain solves this by giving you the ability to choose which data can be accessed and seen and by whom (public,partners,employees etcâŚ)
Performance - Your whole ecosystem is 24/7 on, and hack proof due to blockchain decentralized storage, this eliminates downtime and loss that are faced by traditional centralized systems
Making that move will give your company benefits such as being more productive,secure and also more profitable, by eliminating all the factors that were making your company losing money.
. I would be very happy to have the opportunity to explain more in detail and show you and your team more use cases that are tailor made for your business and also share some insights with your innovation manager.
Feel free to contact me, I hope we meet in the near future.
Thanks for your time,
Best regards,
Jo.
Hahaha best part⌠Nice letter 
Hello there!
As one of your long-time Airbnb hosts, Iâd like to recommend your looking into integrating blockchain for the company. Here are some reasons why I think it will improve day-to-day operations and help us all stay ahead of the competition, while saving money as well:
-
Improved transactions â It will become easier to initiate and track the multiple transactions between guests and hosts, also scheduling payouts. Integrated transparency properties provides a higher level of authenticity, reliability, and accountability.
-
Site security â Incredibly high hack resistance of sensitive customer information and funds.
-
Reduces operational costs â It enables the removal of intermediaries or unnecessary middlemen linked to record-keeping and reconciliation of transactions. Stream line your accounting department and save money.
-
Secure, clear contracts â Facilitate and safeguard digital contracts. Making it difficult for the contracts to be forged or altered in any way, thereby enhancing trust for all parties.
-
Easily integrate the Host Assist feature allowing seamless supply chain management â The multiple services and products offered to hosts from outside vendors can be managed with the supply chain management tools. Thus, offering a cost-effective method of tracking products and services without inefficiencies and head scratching discrepancies.
See below, for links to companies that have improved their bottom line using blockchain:
Hyperledger Use Cases And Case Studies | 101 Blockchains
Change Healthcare Case Study â Hyperledger
I do hope this letter find you very well.
Kindly,
Keely
Dear CEO,
I work in engineering department of power plant construction company where i used to deal with lot of different vendors and auditing thier product and approving the same by just sending mails and lot of time due to communication gaps between vendors , our sales team and supply chain management and also Project management which eventually leads to time delay and penalty by our client which are government.
Hence, If the same workflow can be implemented on blockchain so that Project management can really be active and realtime records will be available with all of us so that vendor payments and supply of items can be smoothened and faults can be root out.
Overall delivering products on time and saving lot of manhours searching and confirming manually each steps when it can be done on realtime without any communication gaps.
Thanks for your time.
Regards
Eddy
Dear Mr. Big Boss Man
I would like to present an important business opportunity by upgrading our systems. This will enable the company to better manage and store data in a tamper proof manor through an on/off chain private/public blockchain. By doing so will create a much faster and scalable backbone of our operations. Communication between our partners and suppliers will be much easier to track and follow in real-time while greatly reducing the need for paper work and accounting. In addition the privacy of our network will be handled on a baseline unlike protocols used previously, with the ability to permission parties allowed to join. We can also look at which layer solution will be the right fit for our operation performance and how we can inter-grate this to meet our demands.
If you like the sound of any of this we can set up a meeting and I can plug you in.
Thank you
Best
Leighton
Dear CEO,
I would like to propose new technology to improve efficiency and safety, as well as reduce the costs of the companyâs entire business. It is Blockchain technology that can lead to an improvement in our supply chain experience.
Technically, a blockchain is a growing list of records, called blocks, that are linked by cryptography. Each block contains the cryptographic hash of the previous block, timestamp, and transaction data.
Due to its cryptographic nature, blockchain could improve security, improve traceability, increase efficiency and speed. It offers greater transparency and, of course, reduces costs. It can be used to create a permanent, transparent, secure and distributed general ledger system for collecting accurate sales and tracking data.
Although it is generally known that many public blockchains are difficult to implement in physical business cases, things are gradually changing thanks to a new and revolutionary protocol called Baseline, which allows companies to take advantage of very useful Smart Contracts technology without sacrificing 3 P (privacy, permission and performance).
Although today the primary use of blockchains is as a distributed book for cryptocurrencies, many companies have begun to adopt blockchain technologies in their day-to-day operations. Many industries and NMCs, such as global supply chains, financial services, healthcare, government and many other industries, have begun exploring ways to improve their business using blockchain technologies.
I think it is extremely useful for the Company if we could also explore the use of blockchain technologies. Not only could this catch the trend and give our company a better public image of the adoption of new technologies, it also improves our efficiency and the security of our business, and also reduces costs.
Having said that, I thank you for your attention and I look forward to meeting you to discuss this issue further.
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To CEO
For most businesses reducing costs is a priority, with blockchain we wonât need as many third parties or middlemen to make guarantees because it doesnât matter if you can or canât trust your trading partner. You also wonât have to review so much documentation to complete a trade because everyone will have permissioned access to a single immutable version. Hence we will save money and time and ultimately become more profitable.
Companies need to cut costs that the blockchain promises them.
REAL SAVINGS
- It can occur due to the acceleration of transactions because, with the help of technology, the clientâs money immediately comes to the seller.
- Acceleration extends to the entire supply chain and contributes to customer satisfaction.
- Blockchain facilitates distribution and logistics, and it also improves work efficiency.
- By allowing you to get rid of the costs associated with servicing bank cards and other services for business, blockchain reduces overhead costs, and this affects the cost of maintenance.
Dear Systems Support Engineering Team,
Iâm sure youâve heard all the buzz around Bitcoin and how itâs changing finance, but itâs actually Bitcionâs underline technology called the Blockchain thatâs going to change the world similar to the way the internet did in the late 90âs. Though Bitcoinâs network is the most secure and trusted, it is not ideal for everyday commerce. Unibright, powered by the Baseline Protocol, is a private and/or public blockchain that runs on the Ethereum Public Mainnet. Unibright helps integrate different companies inferstructurs and data bases onto the blockchain while primarily focusing on Privacy, Performance, and Permission. If you update your system using the Baseline Protocol you will instantly see how much time and money you will save on things that are very frivolous and time consuming.
People may ask, why do I need Blockchain? Why donât I just keep to what already works? Well, my answer plain and simple is it increases your bottom line and workplace efficiency. When you make purchases or send money overseas you go through so many different networks banks and payments systems like swift that charge fees up to 20%. You make these transactions just to wait days for a conformation of even longer for a payment that would ultimately end up being backcharged. When using the Blockchain this is not a problem because the transaction and payment are all in one and cannot be reversed.
Another benefit of using the Baseline Protocol is that you can store data either on a public blockchain for more transparency or on a private chain for more sensitive information. This eliminates man hours and trust associated with accounting, auditing, and all logistics. You will not have to pay high fees to centralized servers to store your data it will on a decentralized blockchains making it more secure and implausible to hack. By creating a Smart Contract on a private Blockchain you can create a governance allowing permission and access to certain persons, groups, or private parties. When going through the process of creating a product or starting a project, Unibrightâs user friendly interface will baseline your ERP systems allowing for easy integration and assurance that each step of the building process will be transparent and true to all parties involved.
With Baseline all payments and planning approvals having the ability to run on a private blockchain where scalability is not an issue because not all public data are stored on private nodes. Soon with the release of second layer solutions such as sharding, zk rollups, sidechains, and Hybris solutions Ethereumâs mainnet will be able to scale way beyond the likes of Visa and Mastercard. Baselineâs Zero-Proof Knowledge allows an entity or approver with classified data to provide proof to a verifier that certain property holds true for that data, without revealing identity or any additional information other than the truth of the verified property.
Now that you see how Blockchain Technology can save so much time and money with the promise of no reneging if all conditions are met with the selected parties being able to verify and watch the entire process. This converts all uncertainty into certainty and creates a Trust Protocol. Let our engineers meet with your team and go through the data to see exactly how much of your bottom line we can improve. Thank you for your time and I recommend you check out these link to see how Blockchain Technology is going to change Business and Finance so you defiantly do not want to be left behind.
How the blockchain is changing money and business | Don Tapscott
(https://www.youtube.com/watch?v=Pl8OlkkwRpc)
How the blockchain will radically transform the economy | Bettina Warburg
(https://www.youtube.com/watch?v=RplnSVTzvnU)
The Baseline Protocol. Ethereum for Enterprises, with the help of Unibright!
(https://www.youtube.com/watch?v=7ge9j66u3n0)
HowTo use the Unibright Demo (MultiPartyApproval âBottleâ)
(https://www.youtube.com/watch?v=GF2Ex-sePV4)
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I know this is longer than one page but just use the intro if you want the rest is just a rantâŚlol