Oliver Naegele Founder & CEO 1 Agenda Workshop Blockchain - - PowerPoint PPT Presentation

Oliver Naegele Founder & CEO 1

Agenda Workshop Blockchain - Definition & Technology - Usecases - ICO - Digital Identity Source: Wikipedia 2

Definition Blockchain Is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Source: Wikipedia 3

Bitcoin vs. Blockchain Blockchain Technology of a tamper- Bitcoin proof decentralized journals Crypto-currency based on a P2P network 2008 invented by Satoshi Nakamoto Facts Facts 1 Bitcoin = 6000 Dollar Every node has a copy of the Conclusion: Bitcoin <> 144.61 GB Size current blockchain 10353 Nodes Blockchain > 7 min. Time Between Blocks 4 PLUSPRO 4

Bitcoin network 5

Blockchain consists of 6

Blockchain - Terminology Distributed Network Blocks Ledger Transactions 7 PLUSPRO 7

Blockchain - Terminology- Distributed Network P2P network Distributed Network Nodes synchronize No need for backups No downtime Insensitive for DDOS attacks 8 PLUSPRO 8 Bildquelle: Presentation Quantoz Henri de Jong

Blockchain - Terminology - Blocks Transactions Link to previous block Getting added to the blockchain Timestamp by the miners (solving a math puzzle) Blocks 9 PLUSPRO 9 Bildquelle: Presentation Quantoz Henri de Jong

Blockchain - Terminology - Ledger Ledger An immutable and irreversible transaction database shared by all nodes Linked list of blocks 10 PLUSPRO Bildquelle: Presentation Quantoz Henri de Jong 10

Blockchain - Terminology - Transactions Content of blocks Based on public key cryptography: Information “ signed ” with a private key can be “ verified ” with the public key (and reverse) Transactions 11 PLUSPRO 11 Bildquelle: TechEU-Website

= Deep Backend 12 Source: http://kevinkauzlaric.com/

WHY Blockchain? 13

BLOCKCHAIN USE CASES 14 Source: LTP

USE CASES  Financial Instruments, Records and Models  Public Records  Private Records  Other Semi-Public Records  Physical Asset Keys  Intangibles (Coupons, Vouchers & Tickets)  Other 15

ICO Initial Coin Offering 23 Source: Chipin

24 Source: http://www.icohub.org/

25 Source: LTP https://blockchainhub.net

10 commandments of Digital Identities 26

WHY Blockchain? 27

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LESSONS LEARNED? 29

BLOCKCHAIN – INTRODUCTION IN FINANCIAL MARKETS ① CONSUMER • Mortages • Money Transfer • Wallets ↗ RESULTS Digital Identities Resolution of traditional systems through Blockchain Technology ⑤ INTER INDUSTRY INTERMEDIARIS ② B2B SERVICES • Clearing Network • Insurance • International • Payment Transfers • Escrow ④ BACKEND PROCESSES • Trusts ③ TRADE & CAPITAL IT & Business MARKET Processes need to be • Clearing & Settlement adopted • Stock Trade and renewed. • Sindicated Loans 30

10 COMMANDMENTS OF DIGITAL IDENTITIES 31

DIGITAL IDENTITY FOR A WORLDWIDE TRUST NETWORK 32

CROSS INDUSTRY SOLUTION 33

USE CASE #1 KNOW YOUR CLIENT #expensive #inefficient #time consuming #bureaucratic KYC Costs Other Costs 34

KYC PHASES 35

KYC OPERATING COSTS: HEADCOUNT BURDEN The activities that require most of the resources are onboarding, the first due to the fact that the data are usually scrutinized by analysts. The second because the suspicious transactions (estimated as from 2% to 5%) need to be manually checked. NOW POST BLOCKCHAIN ~$ 10bn in AML Expenses ~$2.5bn savings 36 Source: Goldman Sachs, Company Estimates

KYC IS EXPENSIVE Savings US$ 8bn US$18 billion costs and fines in 2014 10% to 40% savings 25% savings 37

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If the information is up to date, the participant don’t have to check it again Participants act as trust providers TRUST PROVIDER NETWORK Data management Other service providers eGov 40 Logos and symbols are for demonstration use only

ADDING VALUE TO THE PROCESS 1 Sharing Workforce 2 Standardization 3 Data Quality 41

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Handelsbank AG wants to have access to the following information: Full Name, Date of Birth, Home Address, Phone Number, Mobile Number, Email Address. Do you comply with it? 46

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INTEROPERABILITY WITH OTHER BLOCKCHAINS 52

SCALABILITY 53

USP BLOCKCHAIN HELIX Self determination Compliant, GDPR Shared Trust Provider Network Workforce Data Privacy & Security Quality 54

ACHIEVEMENTS & CHALLENGES GDPR Compliance & High Availability & Scalability Data Protection The broad use of the platform will require high P2P data storage structure associated with cloud availability at high speed services allow high availability and is also GDPR compliant with data protection Network Effect Alpha Version Trust Provider SDK Cost savings and data quality White Labelling integration for Consortia improvement will require broad Partners and Video Ident Provider adoption of the platform Alpha Version End User Portal Standards Identity Platform enabled on Cloud Not only blockchain standards but also Foundery with Blockchain Backend messaging and data structure standards may require extra attention 55

ROADMAP KYC Running Alpha Version Alpha Version and Trust Taker Mobile App implementation SDK of new tools Nov. 17 Dec.17 Feb. 18 Mar. 18 Apr. 2018 2020 B2B Solution Beta Version Geographic for multi- End-User Expansion national Portal Treasury 56

Oliver Naegele Founder & CEO Münchener Straße 45 60329 Frankfurt +49 69 7158994-0 CONTACT US oliver@blockchain-helix.com BlockchainHelix Blockchain-helix-ag 57

CORE TEAM MEMBERS INFORMATION CTO MARKETING LEGAL CONSULTANT CEO ARCHITECT Ali-Pasha Sandra Oliver Dang Sam Lothar Sandra is our very Ali Pasha is software Oliver has been working as Dang is a lawyer Sam is an expert for Lothar has already developer for enterprise experienced marketing an IT specialist, consultant specialized in financial digital products, worked in many projects systems and a senior in the fields of IT security, markets with an manager and has services and team regarding IT for web developer. He is enterprise Java portals, emphasis on structured building. worked in marketing for institutions like Federal also a consultant for social media, products and Additionally he many years before Republic of Germany, internet technologies. intranet/extranet, IT derivatives. has a deep joining Blockchain Mini and BMW. As a Since the ‘90s Ali Pasha infrastructure, databases He focuses on the understanding and HELIX, her love being docker specialist, has worked for and virtualization. regulation of technology experience of all things people, online and blockchain – enthusiast corporations as well as in He is also the founder of innovations which by communication, that he community and fullstack developer, the startup scene. FinTech Headquarter, a altering the process of used for his management. Therefore Lothar has been able to Starting 2006 he consults community booster for the payment services might own clients like it is Sandras understand all aspects corporations in web FinTech ecosystem and stimulate the HANSA-FLEX and achievement, that the issues and startups in Blockchain LABs . reorganisation of the of the technology, later as a corporate FinTech Headquarter how to successfully financial markets. proposing better bunny for clients like community is so strong develop their visions by Samsung or Deutsche approaches for the adding focus and and vibrant. She leads Bank. challenges we face. 58 structure. He brings with our communication and him a long experience in marketing efforts. financial corporations.

BUSINESS MODEL End users and participants will be charged in many different ways REQUEST REGISTER ENFORCEMENT TRANSACTIONS € 2 Based on Processing Based on Based on Power Needed Transaction Value Contract Size Feature to be added with the Feature to be added with the Feature to be added with the Trust Takers pay to take further development of the further development of the further development of the information platform platform platform This is the value charged by Each time the contract is When involving currencies, a Each contract registered will be the use of the platform enforced small amounts will be percentage of the value charged by a small amount Trust Takers will also pay the charged to pay the use of the transacted will be charged to Trust Providers based on the platform pay the use of the platform quality and type of information Competitor charge 5 € per request at a total of 140.000.000 requests per year 59