tomorrow’stransactionstoday

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BlockchainenvertrouwensdienstenCongres Digitaal Zakendoen,16juni 2016

PascalVanHecke,Innopay

2 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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InnovationexpertsinPayments,DigitalIdentityandE-Business

• Foundedin2002

• Partners:ShikkoNijland&Douwe Lycklama

• HQinTheNetherlands,Amsterdam

• 20+consultantsplusInternationalnetworkofassociatedexperts

• Threecorepractices:Payments,DigitalIdentityandE-Business

• Strategy,co-creationandtransformation

• GeographicalfocusonEU

• Memberofa.o. EBA,ECPandEPCA

• FoundingmemberofHollandFintech

3 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Thethreepracticescontinuouslyprovideclientswiththelatestknowledgeandinsights

DigitalIdentity

E-business• Internetenablesservicestobereachableviathedigitalchannelandcausesbusinesstoengageindigitaltransformation

• Innopayhelpscompaniestoofferdigitalservicesandprovidesstrategiestosupporttheirdigitaltransformationprocess

• Duetoplace-independentcommerceitisbecominganecessitytoidentifyyouronlinecustomers

• Innopayworksfor several collaborative trust frameworksandalsohelpsorganisations todealwithonlineidentification,authenticationandverificationprocessesoftheircustomers

• ThematuringInternetandtheenduringmobilerevolutionchangecontextsofcommerce.Businessesandconsumersdemandrealtimeservices,anyplaceanytime

• Innopaysupportsclientsacrossthepaymentsvaluechaintoadapttonewdemandsandexploittheopportunitiesofthisnewreality

Payments

Douwe LycklamaDouwe.lycklama@innopay.com+31655711150

HugoLöwingerHugo.lowinger@innopay.com+31624395600

VincentJanssenVincent.jansen@innopay.com+31642102058

4 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Agenda

Blockchain?

Blockchain andtrustservices

Applicabilityhereandnow

tomorrow’stransactionstoday

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Red sends 1.1 to green

Blue sends 3 to green

Grey sends 1 to red

Blue sends 3 to red

Red sends 1.1 to grey

Red gets 50 for the puzzle!

6 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Proofofexistence/timestamping

7 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Abstraction->sharedledger

8 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Multistakeholder

9 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Multistakeholder:authorizations

“The user at your websiteis authorized to perform this

action on behalf of company XY NV”

10 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Multistakeholder

11 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Multistakeholder

12 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Publicorpermissioned…

Public:

• Noprivacy/confidentiality• Nofinality• Uncertaintyabout:

− Longtermviability− Regulatoryissues

Permissioned/Private/Consortium:

• Alternativeconsensusmechanism• Verymuchtopicofresearch• Greyzonebetweendb

synchronizationandblockchain

13 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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14 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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15 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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16 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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17 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Slowandprimitive,but…

Promise:

A15-yearoldcandeploybusinesslogicthatis:

• Verifiable• Immutable• Untamperable• Untouchable

18 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Sharedlogicontopofshareddata!

19 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Multistakeholder:identity

“I know the user at your customer’s websiteand this is her BSN”

20 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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21 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Smartcontractsandidentity

”Proxycontract”

• Actingonbehalfofindividual(…orgroup,groupofcontracts...)

• Controlpolicyisinthecontractitself

• Examples:− Multisig/multifactor− Revokeandrestorepolicy

− compromise,insanity…− Policygovernance

->Roleoftrustedparties!

22 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Uport (notyetreleased)

User-centricidentity

• Cryptographicallytiesattributestoidentifier(proxycontract)

• SigningkeyandAuthenticationkeyaspropertyofaproxycontract

• Attributesaresignedbyidentityproviders(orpeers)

• Attributesaredisclosedtorelyingpartiesviapeer-to-peerprotocol(noIDPsurveillance)

23 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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Hier en nu?

Publicchains?

• Notarising• Maybeinfuture:

− Identity− Trustlayer

• Coolnessfactor/marketing?

Permissioned

• Greenfield/research• Situationswhereyouneed

quick/flexibleonboarding• Standardizationneeded

24 Blockchainenvertrouwensdiensten, PascalVanHecke,16juni 2016.©InnopayBV

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tomorrow’stransactionstoday

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Contactus!www.innopay.com