Course Outline

1. Cryptocurrency and Blockchain

2. Delving into Blockchain
3. Bitcoin and Blockchain
4. Bitcoin Mining
5. Ethereum
6. Setting up a Private Blockchain Environment Using Ethereum Platform
7. Hyperledger
8. Setting up a Development Program Using Hyperledger Composer
9. Creating and Deploying a Private Blockchain on Multichain
10. Prospects of Blockchain
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 Prospects of
Blockchain

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 Agenda

At the end of this session, you will be able to:

 Understand Blockchain Essentials

 Define Various Use Cases of Blockchain
 Describe Blockchain and IOT
 Identify Blockchain Use Cases for Banking
 Explain Blockchain-based Capital Market System
 Understand Blockchain in Government
 List Governments around the World Using Blockchain

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 Blockchain Essentials

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 Blockchain Essentials
“
Let’s learn how Blockchain can

“
revolutionize our world.

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 How Will Blockchain Revolutionize Our World?

• With Blockchain, out of the blue, we have another digital

medium for esteem where anybody can get into anything of
significant worth.
“
• Stocks, securities, cash, digital property, titles and deeds—
and indeed, even things like personality and votes can be
moved, put away, and oversaw safely and secretly.

• Through Blockchain, we can go from redistributing riches to

circulating worth and opportunity decently, in any case, from

“
support to grave.

• This should be possible by securing rights through unchanging

records like land titles, making a genuine sharing economy.
The world of infinite possibilities

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 Selected Potential Blockchain Use Cases
Proof of ownership of
modules in app Proof of ownership and a marketplace for sales and purchase of
development digital assets
Company: Assembly Company: MyPower

Proof of ownership for digital

content storage and delivery
Companies: Blocktech (Alexandria),
Bisantyum, Blockparty, The Decentralized prediction platform for share markets, politics, etc.
Rudimental and BlockCDN Company: Augur

Points-based value transfer for ride sharing Decentralized patient records management
Company: La’Zooz Company: BitHealth (Healthcare IT)

Digital security trading: Ownership and transfer Proof of ownership for digital content: Art, pictures and
Compa nies: Symbiont, Mi rror, Spritzle, Secure Assets, images
Bi tShares, Coins-e, equityBits, DXMarkets and MUNA Companies: Blockai, Bitproof, ascribe and ArtPlus
Other Companies: Chainy.Link and Stampery
Digitization of
documents/contracts and proof Digitizing assets: Improves anti-counterfeit measures
of ownership for transfers Companies: The Real McCoy and Chainlink
Company: Colu (Colored Coins) Other companies: Everpass and BlockVerify
Decentralized storage using a network of computers on Blockchain Reputation management: Helps users engage, share reputation
Company: Storj and collect feedback
Company: The World Table
Decentralized IoT
Home automation: Chimera-inc.io Enables authenticity of a review through trustworthy
Industries: Filament endorsements for employee peer review
Company: Asimov and TRST.im
Provides digital identity that protects
consumer privacy A smart contract IT
Companies: ShoCard and UniquID portal executing Decentralized Internet and computing
Escrow/Custodian service order fulfillment in e- resources to every home and business
Gaming industry commerce/manufact Company: ePlug
Companies: PlayCoin and Bitnplay uring
Gaming industry and loan servicing Company: UbiMS
Company: New System Technologies Digitizing company incorporations and transfer of
E-commerce equity/ownership and governance
Company: Fundrs.org Company: Otonomos

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 Various Use Cases of Blockchain

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 Various Use Cases of Blockchain
“
Let’s unveil the potential of Blockchain technology

“
by discussing its practical use cases.

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 Use Cases: Proof of Existence

Demonstrating data ownership without revealing actual data

You can freely uncover the process, and if strife
emerges you can demonstrate that you had the
information that creates the process.

Document Checking for document

Proof of
timestamping integrity
Existence
You can prove that It gives you the
certain data exists at a security that the
certain moment of time. certified data cannot
be changed.

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 Proof of Existence

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 Use Cases: Record Keeping

• Data embedded and hashed into secure Blockchains

like Bitcoin creates immutable and unforgeable data.
“
• Projects like Tierion use Bitcoin Blockchain to create
‘blockchain receipts.’
• All data can be verified through Bitcoin Blockchain

“
without the need to trust on a third party.
• Factom is a similar project that also verifies and
hashes data into Bitcoin’s Blockchain.

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 Use Cases: Identity
• Onename is a New York-based startup that has created an ID system using Bitcoin Blockchain.
• Its first service allows users to create Blockchain IDs, which will soon be used to login to websites
without the need for a password.

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 Use Cases: Uproov

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 Uproov: Your Mobile Trust Machine
‘You Prove’ instantly proves any photos, videos, or
sound recordings using the simple world first app
utilizing the Blockchain technology.
01

Data on recordings taken with Uproov are

stamped into the Blockchain Ledger, which the 02
economists call the trust machine.

Uproov removes any doubt or dispute about yours

or others images, as it timestamps to the nearest
second which cannot be edited.
STEP
03

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 Use Cases: Car Leasing & Sales - DocuSign

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 Car Leasing & Sales - DocuSign

1 2 3 4
To begin the process, The car’s identity is The customer then All this, in turn, is
a prospective then registered on chooses the lease updated on the
customer chooses the Bitcoin Blockchain— options for the car— Blockchain.
car he wants to lease the secure ledger low, mid, or high
after test driving, database used to mileage, for example
evaluating options record transactions —and DocuSigns the
and completing pre- over broadly- leasing contract right
approvals, if any. distributed computer away.
networks.

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 Use Cases: Forecasting - Augur

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 Augur

Augur wants to gain by decentralized expectation markets.

Augur is built on the Ethereum Blockchain.

The company says, it will offer a service that looks like

a normal betting exchange.

It offers clients a record to put down wagers on games and stocks, however,
on different points, for example, decisions and catastrophic events.

The idea is to go beyond sports gambling and create a ‘predictions market.’

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 Use Cases: Online Music - Problems

1 2 3
The first problem faced The second problem is Third, the mechanism by
by musicians comes payments. Listeners can which royalties are
down to the fact that no access tracks immediately calculated and paid is
comprehensive with a click, yet it takes often opaque. Some
database of music years for royalties to reach revenues end up in a
copyright ownership those responsible for ‘black box,’ beyond the
exists so far. making the music. reach of the deserving
artists and songwriters.

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 Use Cases: Online Music - Solution

• Recently, a number of music industry projects have

turned to Blockchain technology as a possible
“
solution to these problems.

• These include Mycelia, launched by singer,

songwriter, and producer, Imogen Heap, and Dot
Blockchain Media, launched by PledgeMusic founder,
Benji Rogers.

“ • Then, there are Ujo Music, Blokur, Aurovine,

Resonate, PeerTracks, Stem, and Bittunes, which
already claim users in around 70 countries.

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 Use Cases: Cloud Storage
A cooperative storage cloud is a decentralized model of networked online storage where data is
stored on multiple computers (nodes), hosted by participants cooperating in the cloud.

01 Enterprises that offer cloud storage Blockchain cloud storage solutions allow 02
often secure customer data in a storage to be decentralized and,
centralized server which can mean an therefore, are less prone to attacks that
increased network vulnerability from can cause systemic damage and
the attacks by hackers. widespread data loss.

03 For the cooperative scheme to be Each node in the cooperative runs a

04
viable, the total storage contributed in specialized software which
aggregate must be at least equal to the communicates with a centralized control
amount of storage needed by end and orchestration server, thereby
users. allowing the node to both consume and
contribute storage space to the cloud.

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 StorJ: A Decentralized Cloud Storage

• StorJ is like an Internet

filesystem
“
• Information blocks are
encoded and conveyed over
an all-inclusive appropriated

“
set of capacity hubs utilizing
the blockchain calculation

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 Use Cases: Retail - OpenBazaar
OpenBazaar is an alternate method to do online
trade. Rather than going to a site, you download and
introduce a program on your PC that specifically
associates you to other individuals hoping to
purchase and offer products and ventures with you.
This distributed system is not controlled by any
organization or association—it's a group of
individuals who need to take part in exchange
straightforwardly with each other.

It's like buying or selling with someone in person—

unless you're online.

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 Use Cases: Ascribe (Secure Your Work)

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 Features Offered by Ascribe

Lock in Attribution Securely Share Gain Visibility

Make a perpetual and unbreakable Safely share your advanced substance Trace where and how your work
connection between you and your inventive with companions, family, or fans. spreads on the Internet. Ascribe
work. That connection—the record of Transferring work has been made as shows you all the sites your work has
proprietorship—can be always confirmed simple as sending an email appeared on and its growth over time
and followed

Certificate of Authenticity Limited Digital Editions License Your Work

Each enrolled piece accompanies a COA, Create unique, limited-edition digital Transfer, consign, or loan your digital
an implicit one-of-a-kind cryptographic ID, content. Digital editions make it creations without losing attribution.
and the total proprietorship history. The possible to own and transfer digital Ascribe’s easy-to-use platform comes
COA can be confirmed and printed out artwork just like you do with physical equipped with clear legal framework and
whenever required art supports custom contracts

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 Use Cases: Ride Sharing

• The Israeli startup, La’Zooz wants to be the ‘anti-Uber’

“
• It makes its own proprietary digital currency—like bitcoin—
which is recorded digitally using the blockchain technology
• Instead of using a centralized network to call cabs, people
use La’Zooz by finding other people traveling similar routes
and exchanging coins for the rides
• These coins can then be used for future rides

“
• Users earn (or ‘mine’) these coins by letting the app track
their locations

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 Use Cases: Supply Chain Management
“
Supply chains are basically a series of transaction nodes that link to move

“
products from point A to the point-of-sale or to final deployment.

With Blockchain, as products change hands across a supply chain from manufacture to sale,
transactions can be documented in a permanent decentralized record—reducing time delays,
added costs, and human errors.

Provenance is building a traceability system for materials and products.

Hijro offers an alternative platform for lending into global supply chains.

Skuchain builds Blockchain-based products for the B2B trade and supply-chain finance market.

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 Use Cases: Example for Supply Chain Management
From issuance of the letter of credit to the last installment, an appropriated record gives the
genuinely necessary straightforwardness and productivity to the generally manual process stream.

Material Procurement Warehouse Repairs and

Distribution
Planning and Integration and Fulfilment Returns

Supply Chain in Trade and Finance

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 Blockchain & IoT

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 Blockchain & IoT “
So far, we have seen some valuable pragmatic

“
use cases of Blockchain. Now, we will perceive
how Blockchain can be utilized with IoT.

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 Blockchain & IoT
Universal Digital Ledger

Registration Authentication Contract to Barter Checklist for

of a new of remote Power with other automobile
device users appliances safety

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 Autonomous Decentralized P2P Telemetry (ADEPT)

IBM and Samsung have been With ADEPT, a Blockchain would

taking a shot at an idea known as fill in as an open record for a
ADEPT, which utilizes Blockchain- monstrous measure of gadgets,
type innovation to frame the which would never again require a
foundation of a decentralized focal center point to intercede
system of IoT gadgets. correspondence between them.

Without a focal control framework to

recognize each other, the gadgets
would have the capacity to speak
with each other self-rulingly to
oversee programming updates, bugs,
or vitality administration.

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 An ADEPT Use Case
The ADEPT Washer participates autonomously in the consumables, energy, and service marketplaces.

Market Places

Retailer: Detergent Check Retailer: Detergent Check Service Vendor: Warranty Check

Order and Confirmation Negotiation Payment Service Confirmation

Payment Request

ADEPT Washer

Notification to the Washer owner

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 IBM Watson IoT Platform
IBM Watson IoT Platform empowers IoT gadgets to
send information to private Blockchain records for
consideration in imparted exchanges to alter safe
records. Your Device or Gateway
We start with your device, be it a sensor, a gateway,
or something else. To find out how to get it
connected, search for our recipes.
MQTT and HTTP
Your device data is sent securely up to the cloud
Blockchain conveyed replications permit your using the open, lightweight MQTT messaging
protocol or HTTP.
business accomplices to access and supply IoT
information without the requirement for focal
control and administration. REST and Real-time APIs
IBM Watson IoT Platform
This is the hub of all things. This is where
You use our secure APIs to connect you can setup and manage your connected
your apps with the data coming devices so that your apps can access their
from your devices. live and historical data.

All business accomplices can check every exchange,

counteracting question and guaranteeing each
accomplice who is considered responsible for their Your Application and Analytics
individual parts in the general exchange. You create applications within IBM Bluemix,
another cloud, or your own servers to interpret
the data you now have access to!

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 IOTA
IOTA is a revolutionary new transactional settlement and data
integrity layer for the Internet of Things.

It’s based on a new distributed ledger architecture, Tangle, which

overcomes the inefficiencies of current Blockchain designs and
introduces a new way of reaching consensus in a decentralized
P2P system.

Even infinitesimally small nano payments can be made through

IOTA.

IOTA is the missing puzzle piece for the machine economy to

fully emerge and reach at its desired potential.

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 Freight Transportation
Moving cargo is a mind-boggling process including diverse gatherings with various needs.

An IoT-empowered Blockchain can store the temperatures, positions, landing times, and status of
transportation compartments as they travel through the framework.

Permanent Blockchain exchanges guarantee that all gatherings can believe the information and
take actions to move the item rapidly and effectively.

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 Log Operational Maintenance Data
IoT gadgets track the condition of security-based
machines and their upkeep in your association, from air
ship motors to lifts.

Blockchain accommodates an alter, free record of the

operational information and the subsequent upkeep.

Outsider repair accomplices can screen the Blockchain

for precaution support and record their work back on
the Blockchain.

Operational records can likewise be imparted to

government substances to check consistency.

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 Blockchain Use Cases for Banking

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 Blockchain Use Cases for Banking “
How about if we perceive how Blockchain helps

“
in saving money area?

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 Blockchain Use Cases for Banking
In banking, there are many existing and developing use cases to implement Blockchain.
Following are the use cases we will be discussing in this module:

Payments

Reduction
of Frauds KYC

Trading
Platforms

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 Blockchain Use Cases for Banking: Payments

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 Blockchain Use Cases for Banking: KYC
By creating consistence stages and KYC forms over Blockchain innovation, banks can decrease operational
expenses in these divisions, as well as increment the productivity of consistence forms, and build up a nearer
association with the budgetary controller.

Once KYC is performed, the record will be available as reference for other future transactions as well.

KYC of a new customer can be put on a Blockchain which can then be used by other banks and
other accredited organizations without the need to ask the customer to repeat the KYC process all
over again.

As the data stored on a Blockchain is irreversible, it would provide a single source of truth
thereby minimizing the risk of duplication or error.

There is also an advantage for the customer that they have to supply KYC documents only once.

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 Performing KYC
Acquisition of Personal Information
Private documents are selectively shared by a customer
1 with a trusted regulator, a government entity, or a licensed
partner.

Title Validation of Personal Information

The trusted party reviews and verifies the authenticity of the
2 documents and produces a digital signature from the
documents’ cryptographic proofs, which is then notarized
onto the public Blockchain.
KYC Token Issuance
A cryptographic token is generated for the customer which
3 can be used to verify the authenticity of the trusted party’s
signature, documents, and the validity of each step of the
KYC process.

Ongoing Updates
With some documents becoming obsolete or invalid, a
4 workflow is introduced and updates are timestamped into a
public Blockchain to prove the validation of these documents
by a trusted party.

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 Blockchain Use Cases for Banking: Trading Platforms

The traceability and the Each time the item is

lasting noteworthy At the point when a purchased and sold, The advanced
record that would exist high-esteem thing the advanced token token is going
Blockchain
innovation offers a on a Blockchain, and is first made, a is moved in parallel about as a virtual
potential new each advantage or comparing
with the goal that a ‘testament of
medium to trade thing of significant advanced token is
genuine chain of legitimacy’ which
resources without worth that was issued by a trusted would have the
proprietorship is
unified trusts or exchanged, would give focal expert which advantage that it is
acts to validate the made and reflected
middle people. affirmation and far harder to take
credibility completely product’s point of by the Blockchain
history of that or produce than a
through the production birthplace.
computerized token. bit of paper.
network.

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 Blockchain Use Cases for Banking: Reduction of Fraud

Currently, majority of banking systems are built on a centralized database, which makes them more
susceptible to cyberattacks as all information is stored locally in one place.

Also, many banking systems are outdated and are, therefore, more vulnerable to new forms of
cyberattacks.

By building new banking systems on top of Blockchain technology, the chance for fraud and data
theft can be reduced substantially as the distributed ledger technology secures records.

As the Blockchain is checked at every step of a transaction by independent miners, with all data
being open and publicly available, there is a real-time analysis of every bit of data during the
transaction.

It stores, encrypts, and verifies every single bit of data in a transaction.

Therefore, should any data breach or fraudulent activity occur, it would be made immediately obvious to
all parties who have permission to access the transaction data on the ledger.

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 Modified Loan Management Process
Before After
Process Current challenges Blockchain application Process improvement Process

Identity verification Process is repeated by each bank, Identity verification

sometimes for each loan application. Faster identity verification is
Smart identity
done using smart identity.
Check past loan records Check past loan records
Records are maintained separately by
each bank, with little scope for Shared information provides
information sharing. Information sharing access to richer information for Financial information verification
Financial information verification
well-informed decision-making.
There is a lack of standardization and
Collateral valuation scope for ‘double spend.’ Collateral valuation
Share collateral valuation
Smart collaterals information and eliminate the
The process is based on embeded scope of ‘double spend’ Risk assessment
Risk assessment
information available to underwriter.
Sha red information and consensus
Loan rating Information sharing a s sure efficient governance and Loan rating
tra ns parency i n underwriting.

Underwriting Underwriting
They are cryptographically signed
immutable loan records. Restructuring
Approval Loans are restructured to reduce the them entails approval from the Approval
reported non-performing assets. distributed network.
Smart contracts
There is no scope of sharing defaulter Fa s ter identification of ri sky customers is
Loan classification Loan classification
information across banks. pos sible with high debt/constrained
repa yment capacity.
Loan recovery Loan recovery
The process is subject to willful Smart property is used for effective
defaulters, increasing loss assets and collateral management across banks
Smart property
Write-off bad loans write-off. and faster interference of collateral Write-off bad loans
ownership in the case of loss recovery.

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 Blockchain-based Capital Market
System

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 Blockchain-based Capital Market System “
Let’s now understand how Blockchain could be used

“
in capital markets.

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 Blockchain-based Capital Market System
Issues with the current capital markets:
• Capital markets have built up a complex worldwide system of interconnected banks and middle
people that empower the tremendous worldwide stream of capital crosswise over fringes.

• With every exchange going through different go-betweens each keeping up their own particular
information storehouses, there is a duplication of the information section, superfluous compromise
mistakes, wasteful utilization of capital and postponements of the settlement.

• This costs cash and makes more serious hazards.

“
Blockchain has the potential to radically address these issues, with the capability for the

“
elimination of intermediaries and reduction in settlement times.

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 Why Does Blockchain Seem Promising in Capital Markets?

Distributed ledger technology can reduce banks’ infrastructure.

It has the potential for modernizing, streamlining, and simplifying the siloed design of the
financial industry infrastructure with a shared fabric of common information.

SETL is to work with Computershare on a joint initiative to establish securities ownership

registers using the distributed ledger technology for Australia.

Over $1 billion has been invested in Blockchain by companies since the technology’s
creation in 2009, with a 59% of increase in the last year.

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 How Can Blockchain Be Applied in Capital Markets?

Many of our clients are exploring Blockchain’s potential to disintermediate, increase speed and reduce cost while
increasing resilience in their businesses. Here are some examples of Blockchain’s business applications:

Settlements: Collateral Management:

By removing intermediaries and By enabling faster settlement and
providing a trusted shared view of a trusted shared view of asset
permissioned data, Blockchain can: information, Blockchain can:
• Reduce costs (e.g., fewer • Solve new collateral
reconciliation errors) requirements
• Speed up settlement (e.g., faster • Allow you to tap into unused
validation) assets
• Increase resilience (e.g., no single • Cut operational complexity and
point of failure) costs
• Improve transparency (e.g., easier • Increase flexibility
to monitor)

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 How Can Blockchain Be Applied in Capital Markets?

Confirmations:
By creating a smart contract on a Blockchain
confirmed life cycle contracts could be automated
enabling:
• Increment in trust and straightforwardness
(e.g., with a brilliant normal information
source)

• Decrease in costs (e.g., decreased information

section duplication and compromise blunders)
Third- party
• Decrease in operational hazards node
• Better estimation of unexpected hazards

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 Blockchain in Government

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 Blockchain in Government “
Let’s see how the government is helped by

“
blockchain technology across the globe.

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 How Will Blockchain Transform the Government?
Inefficiency, lack of transparency, and accountability are endemic to government operations.
Blockchain can enable a more free, fair, and accountable governance.
Blockchain can:

Provide transparency and accountability Facilitate in providing aid to programs,

in an effort to eliminate waste, states, or other nations and ensure
fraud, or misappropriation of that the funds reach the intended
funding recipients

Enable a more streamlined Provide a digital ledger system for

and accurate auditing things such as property, taxes,

3
0
6
0
process public services, and utilities

Provide supply chain Enable open and fair elections, by

management and auditing for ensuring the integrity of the system and
the military its results

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 Online Voting: Securing Elections Using Blockchain

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 Follow My Vote
Blockchain Voting

The Follow My Vote Way

The voter

Downloads and installs the voting booth

Securely submits identity information for verification

Registers for the election they are qualify to vote in

The voter is authorized to cast a ballot by both the ID verifier and the registrar.

The voter then votes and submits their ballot to a secure blockchain-based ballot box, while retaining anonymity and
ballot secrecy.

If a voter changes their mind, they have the ability to change their vote at any time in the days leading up to the
election. (Election officials can decide to turn on/off this capability depending on the laws and election rules.)

Using their vote account, the voter can go into the ballot box and verify that their vote was cast as intended. Later, the
voter can even audit each ballot in the ballot box to confirm if the election results are accurate, all while retaining
privacy and top-level security.

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 Registering Land
The arrangement here is to utilize the innovation to make the subtle elements of land
exchanges noticeable to all gatherings—banks, merchants, government authorities, purchasers,
and dealers.

Lessens the danger of manual

blunders

Makes a secure process for

exchanging records

Verifies the identity of users

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 Real Estate
Pain points for buying and selling property include: a lack of transparency during and after
transactions, copious amounts of paperwork, possible fraud, and errors in public records, to
name just a few.

Blockchain offers a way to reduce the need for paper-based record keeping and speed up
transactions.

• Real estate Blockchain applications can enable record to track and exchange arrive titles,
property deeds, liens, and so forth and guarantees that the reports are precise and evident.

• Ubitquity offers a stage for monetary organizations, title and home loan organizations and
expects to secure archives, while upgrading straightforwardness and lessening costs.

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 Devising Public Policy
• Data sharing, creation, and cooperation through the Blockchain application

• An online arrangement gathering through which the government can work together with
residents in the detailing of approaches

• This might likewise incorporate choices like distributing spending plans over all segments, settling
on impose sections, concocting social welfare designs, improving framework, instruction
framework arranging, and so on

Benefits:
• Governments could profit by gathering bits of knowledge and proposals from nationals.

• A synergistic approach for feasible administration arrangements would prompt better strategy
results.

• Straightforwardness made by Blockchain-based voting crosswise over various selections of

arrangements might prompt respectability in the governance.

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 Governments Across the World
Are Using Blockchain

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 Governments Across the World Are Using Blockchain “
We should take a gander at how governments
around the globe are making main strides in

“
receiving appropriated record innovation with
different Blockchain activities.

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 Georgia: Blockchain Land Registry
The government of Georgia is utilizing Blockchain to enroll arrive titles and approve property-
related government exchanges.

A hand-crafted Blockchain framework has been coordinated into the advanced records
arrangement of the National Agency of Public Registry (NAPR) and tied down to the Bitcoin
Blockchain through a disseminated computerized timestamping administration.

The advanced timestamping administration enables the legislature to confirm and sign a record
containing a subject's fundamental data and verification of responsibility.

The framework will help make title straightforwardness, diminish the commonness of
misrepresentation and acquire noteworthy time and cost funds for the enrollment procedure.

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 Estonia: Identity Management, E-voting, & EHR

Estonia citizens and e-residents are issued a cryptographically secure digital ID card powered by
Blockchain infrastructure on the backend, allowing access to various public services.

On a Blockchain platform, citizens can verify the integrity of records held on them in government
databases and control who has access to them.

Nasdaq successfully completed a trial in Estonia that will enable company shareholders to use a
Blockchain voting system.

Estonia is also adopting Blockchain technology to secure the country’s 1 million health records.

Every update and access to healthcare records is registered on the Blockchain, preventing
medical fraud.

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 Delaware, USA: Smart Contracts & Public Archives

• Blockchain innovation will be utilized to store

contracts and other corporate information on a
circulated record, enabling organizations and
offices to store their archives in more than one
area.

• This will keep them more secure and permit

mechanized access by constituents, investors,
and representatives.

• The utilization of Blockchain implies that records

can be repeated in various areas, giving better
calamity recuperation and sparing the cost of off-
site physical capacity.

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 Dubai: Digital Passports Using Blockchain

Dubai government has partnered with the UK startup ObjectTech to bring Blockchain-based security to the
emirate's airport.
• According to the startup, the system combines biometric
verification and Blockchain technology and will use a ‘pre-
approved and entirely digitized passport’ to authorize
passengers’ entrance into the country.

• The system will further verify individuals through a 3D scan

via a short tunnel as they walk from the aircraft to claim
their baggage.

• The digitized passport will incorporate a feature called ‘self-

sovereign identity’ for privacy protection that allows
passengers to control which parties can view their passport
information.
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 More Use Cases of Blockchain
Understanding which all use cases you should pursue requires business understanding and technology
knowledge. You should know:

• Your business procedure and process

• Gatherings that must connect to convey advantage

• The innovation supplier scene

• Administrative limitations and prerequisites

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 More Use Cases of Blockchain “
Blockchain is an energizing new innovation with
colossal potential to disturb and move forward

“
various ventures.

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