@altoros

Alexis Losik Blockchain Practice ALTOROS

Altoros

Blockchain Practice

4.12.2017

Ari MutanenSales, Business Development, CEOALTOROS

Who We Are

Minsk, BY

Oslo, NO

Sunnyvale, CA

(HQ)

Chicopee, MA

London, UK

Helsinki, FI

Buenos Aires, AR

Silkeborg, DK

250+Professionals

2001Founded

500+Customers

7Countries

1000+Projects

What We Do

Altoros helps organizations digitize their revenue streams by prototyping, developing and shipping cloud-native IoT Apps, Cognitive and Blockchain solutions.

We drive technology innovation, market disruption, and industry transformation.

AnalyticsApplications

Proof of ConceptsMVP

Delivered by partners:

Prototyping Training

Consultation

4

Blockchain Services We Provide

We AdviseWe Research We Build We Train

Determine the right technology stack. Select use cases.

Identify use cases in your industry where

blockchain may be the best fit. Measure

disruptive force of each use case and size the

opportunity

Agnostic approach.

Being a vendor independent

consultancy we evaluate various

platforms to find the best for your

particular use case

Proof of Concepts.

Production-Grade Development.

Each PoC is aimed at feasibility assessment

of a particular case and arising business

opportunity.

Training.

Hands-on lab-style training for your internal teams

allowing for faster technology adoption

and support

Community Work

Requirements Working Group of Hyperledger Project at the Linux Foundation

is led by Altoros

Training community Our training classes are focused on real-life use cases in your

industry and based on our experience of delivering applications employing blockchain.

OSS contributionsOptimization of sending proposal request to all endorsers in parallel (previously all the

requests to endorsers were sent in sequence)

Functionality implementation for receiving information from system chaincodes (the number

of blocks, transactions, etc.)

6

- Cloud Native Platforms enablement

- Microservice based application

development

- Monolith to microservices migration

- Trainings in PaaS and microservices

Microservice-based Architecture and Cloud Native Platforms

- Use-cases and Blockchain Platforms Evaluation (HL Fabric, HL R3, HL Sawtooth, Etherium)

- Building PoCs- Blockchain based solutions

development- Smart Contracts development

Blockchain

- Developed with Microservice Architecture - On top of IBM Bluemix, GE Predix, SAP

Leonardo

Industrial IoT on Top of PaaS

- Data Engineering - Machine/Deep Learning

including image-, voice-, text-recognition (IBM Watson,

TensorFlow, Caffe, Theano, Torch and other)

Artificial Intelligence, Data Engineering

Sustainable Competitive

Advantage

Altoros Customers

WHY BLOCKCHAIN?

Blockchain

Blockchain

● Transparency

● Trusted transactions

● Multiple counterparties

● Immutability

KEY VALUES

● Security & privacy

Blockchain

● Transparency

● Trusted transactions

● Multiple counterparties

● Immutability

KEY VALUES

● Security & privacy

DIGITALIZATION “In many ways with traditional

automation we have ‘dumbed

down’ the work. We need to

use the technology to harness

people’s unique value.”

Janelle B. Hill

VP Distinguished Analyst

“In many ways with traditional

automation we have ‘dumbed

down’ the work. We need to

use the technology to harness

people’s unique value.”

13

- Cloud Native Platforms enablement

- Microservice based application

development

- Monolith to microservices migration

- Trainings in PaaS and microservices

Microservice-based Architecture and Cloud Native Platforms

- Use-cases and Blockchain Platforms Evaluation (HL Fabric, HL R3, HL Sawtooth, Etherium)

- Building PoCs- Blockchain based solutions

development- Smart Contracts development

Blockchain

- Developed with Microservice Architecture - On top of IBM Bluemix, GE Predix, SAP

Leonardo

Industrial IoT on Top of PaaS

- Data Engineering - Machine/Deep Learning

including image-, voice-, text-recognition (IBM Watson,

TensorFlow, Caffe, Theano, Torch and other)

Artificial Intelligence, Data Engineering

Sustainable Competitive

Advantage

Need to add transformation schema

Enterprise Digitalization. High-Level Concept

Simplified Business Workflow

Core Business Goals

Achieving full transparency of state (core business processes as interaction of dozens of legal entities and hundreds of systems

TransparencyExpenses optimization and cost

reduction

Cost Reduction

New niche products identification, and new markets acquisition

New Markets Via cost reduction and new

markets acquisition

Revenue Growth

Need to add transformation schema

Big Data and IoT Layer

Big Data and IoT Layer

Need to add transformation schema

Blockchain Network (integration layer)

Blockchain Network (integration layer)

Need to add transformation schema

Artificial Intelligence Farm

Artificial Intelligence Farm

Artificial Intelligence Farm

Continuous Business Process Improvement

Why We Call It a Sustainable Competitive Advantage?

Allows to get ready for roboticsadoption

Self-learning and self-

improving systems

Trusted and transparent workflow

HOW TO FIND THE RIGHT BUSINESS CASE TO

START?

@altoros 2

6

4 Stages of a Successful Product

Business Case Clarification

A minimum viable product

Proof of Concept

Production-grade development

Combining successful cooperation

with start-ups and enterprises for the

last 16 years, our company has a

clear vision how to allow Enterprises

“unlock their inner start-up” to

disrupt the industry.

Use Cases in Insurance

Insurance Fronting

Health Insurance Crop Insurance Usage based

insurance

Subrogation in

Auto Insurance

Claims

New Business Models

(Crowd Insurance,

Microinsurance)

Death

Registration

ReinsuranceTravel Insurance

Ecosystem

Reinsurance Use Case

Problems

The current process is heavily dependent on manual activities and non-integrated systems. Time

consuming process, prone to human errors

Solution

We enabled a Blockchain-based solution that creates a transparent, trusted and immutable environment

for automated transactions and reduces the cost of human effort and improves efficiency

Results

● Duplications, reconciliations, failed matches and breaks are be things of the past

● Eliminated much of the manual effort currently required to keep disparate ledgers synchronised

with each other

● Reduced cost of financial services for everyone, while increased the speed of information

exchange

Altoros Reinsurance Use Case Demo

Reinsurance Use Case Demo

Flight Delays Prediction

Prediction model that airliners can use to forecast possible delays

• Predicting flight delays is challenging because of many parameters (weather, schedules, etc).

• Airlines try to reduce delays to gain the loyalty of their customers and therefore a reliable prediction model is very important and crucial tool.

• In this area artificial neural network (ANN) can help.

Energy Sector

Alternative Energy Production via Crowd Investment and ROI to

investors

Energy Mass Production and Marketplace for Excess Energy

Trading

Guarantee of Origin,

Certification of

Renewable Energy

Decentralized Energy:

Supply and

Transaction System

EV Charging Stations

Smart Metering and Billing of Electricity/Heat

Consumption

Decentralized Energy Utility

The project is aimed at improving utility services in the developing world, solve issues with electrical

services, enabling a network of existing utility companies and household generators to work more

effectively to meet the needs of a rural populace.

Bond Issuance and Trading Use Case

Problem

Automate bond placement, turnover, and accounting with blockchain

Solution

Simplified integration of the Blockchain platform with web applications with high level of security insured

with a cryptolayer

ResultsAltoros has built a solution that:

● Automated the issuing of bonds worth $10M;

● Ensures transparency across bond placement, turnover, accounting, provenance, and tracking;

● Reduces expenses of the bond issuer

Bond Issuance and Trading Use Case

“In the turbulent times, when everyone wants to see what results corporate

blockchain can achieve, it’s important to have a successful example with real

money put into ledger. We spent the last three months working together with

Raiffeisenbank Russia, MegaFon, and Altoros as a team in 24/7 mode. It looks

like a start of something big and new by running these smart contracts and

creating a new level of trust through distributed nature of this platform.”

Alexander Yakovlev,

Head of decentralized solutions at NSD

www.altoros.com

blog.altoros.com@AriMutanen @altoros

For further information, please contact

Ari Mutanen

ari.mutanen@altoros.com

+358 50 568 0532