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Beyond Bitcoin:
Understanding the
full potential of
Rajesh Dhuddu, Sr. VP Quatrro
Genesis – BITCOIN
710 currencies traded in 2296 markets
What is BLOCKCHAIN??
Centralized
Blockchain – Fostering Peer to Peer Collaboration across the
Globe and Reinventing the way we live!!
Decentralizedto
Disintermediation Increased
Capacity Better Security
Immutability Faster
Settlement
Decentralized
Consensus
 Reduces time
 Removes cost
 Reduces risk
 Online process for
online connected world
 Removes force fitting offline
business processes for online business
Blockchain a potential
game-changer for Business
Types of BLOCKCHAIN?
Public Private
• Any one can submit a
transaction and take part in
validating the network
• Open to all
• Facilitates transfer of value to
anyone anywhere in the world -
with internet connection
• Specified people to submit and validate
the transaction
• Commiting peer - Maintains ledger,
commits transactions. May hold chain
code
• Endorsing peer - Responds granting or
denying endorsement
• Ordering nodes - Approves adding
transaction blocks into the ledger.
Communicates with committing and
endorsing peer.
Languages
BITCOIN & Beyond
Current USE
Cryptocurrencies
Several other
applications
Proof of
Authenticity
Peer to Peer Lending
Smart ContractIoT
IOT SMART HOME
The app allows the user to monitor the security of
the house and control appliances remotely.
Blockchain provides a very
good Governance & Payment system
in the world of IoT / IoT devices
Blockchain driving coexistence of Humans and
Humanoids (Digital Assistants)
Azuma Hikari
Collaborative Asset Sharing & Exchange without any
intermediaries
Mercedes Benz car sharing platform
Car Sharing Platform
Lynk & Co 01 - The Share Button
Car owners in the neighborhood sharing their
cars without any intermediaries
Stock trading
Data Storage
Trustworthy Endorsement
& proof of Identity
Energy Distribution
A peer-to-peer energy market for locally
generated renewable energy
Brooklyn Microgrid (BMG)
Luxury goods
Authentication
Government
Services
Very active applications ecosystem
Dubai - First Blockchain powered city by 2020
Dubai blockchain proof of concepts are unveiled
1.Digitize health records on blockchain to provide patients and care
providers with secure access to medical data.
2.Digitize and transfer Kimberley certificates on blockchain to secure the
diamond trade.
3. Transfer titles of illiquid assets on blockchain to increase trade
efficiency.
4. Streamline ID verification to reduce business registration times.
5. Use blockchain-based wills and contracts to ease transfer of
ownership.
6. Boost tourism in Dubai through a blockchain-based program that
would allow visitors to better earn and spend loyalty points.
7.Apply blockchain to trade finance to more effectively exchange goods
and the financing for those goods.
IBM with Dubai Customs, Dubai
Trade and its IT provider DUTECH, to
explore the use of blockchain for a
trade finance and logistics solution for
the import and re-export process of
goods in and out of Dubai.
+ +
Conclusion
 Payments will become increasingly automated, invisible and inconsequential –
Blockchain will facilitate this
 While Blockchain has several applications – it is not one magical solution that
applies to all. Case in point is R3.
 Blockchain’ sweet spot is convergence of IOT, Governance, Artifical Intelligence,
Machine Learing and Commerce
Thank You!
Rajesh Dhuddu
Senior Vice President - Market Development
Email: rajesh.dhuddu@quatrro.com | Website: www.quatrro.com

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