Blockchain Adoption in Enterprises: Use Cases, Challenges, and Opportunities

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    Blockchain technology has reached a critical inflection point.

    The speculation that drove steep increases in public token values and mainstream awareness in 2017 is rapidly being changed. It has actually been replaced by pragmatic applications of blockchain technology for real use cases. The event featured an inside look at the state of corporate adoption and existing use cases as well. The challenges that remain for this budding technology are mentioned towards the end of the video.

    Speakers

    Speakers included members of the

    • International Telecommunication Union (ITU)
    • Focus Group on DLT Standardization
    • IBM
    • Liberbank
    • Jelurida
    • ISDI Business School
    • UST Global
    • Demetrius Consulting.

    Agenda

    1:30 – Welcome by Alberto Fernandez, blockchain engineer and consultant, and co-founder of the Blockchain for Business Group (5 min.)

    4:50 РThe Benefits of Standardization for DLT Use Cases. Ismael Arribas and Suzana Maranḥo present the mission of the ITU Focus Group and more specifically, its work on Use Cases (10 min.)

    15:48 – Advanced Cryptography and its Usage in the Blockchain World: Lior Yaffe, Ardor blockchain core-developer, explains cutting edge cryptographic tools like Zero Knowledge Proofs, Homomorphic Encryption, and Multiparty Computations and their importance for mainstream adoption of blockchain technology (10 min.)

    30:50 – Use case presentations.

    31:20 – IBM use case by Ana López-Mancisidor, Cloud and Blockchain Architect at IBM.

    42:58 – Liberbank Use case by Pablo Ruiz Correa, Head of Innovation at Liberbank.

    52:12 – UST Global use cases by Daniel Diez, Global Head of Blockchain at UST Global

    1:06:46 – ISDI Business School Use case by Rafael López, Head of PMO, Data and Agile transformation at ISDI

    1:15:50 – To start with, a discussion panel on the challenges to blockchain adoption:

    With the participation of the use cases representatives

    1:16:00 – Lior Yaffe, Co-founder and Managing Director at Jelurida

    1:16:14 – Skylar Hurwitz, Blockchain Consultant at Demetrius Consulting Questions to the panel:

    1:16:58 – Question to Ana López from IBM. “This is a discussion panel about blockchain adoption and its challenges. Hence, I was thinking … why not start asking you about the challenges that you have encountered in this project along these years?”

    1:20:41 – Question to Pablo Ruiz from Liberbank. “What about you Pablo? Have you encountered more challenges on the technical side or on other sides?”

    1:25:04 – Question to Daniel Díez from UST Global. “What level of implication do you see in companies that are working on this kind of use cases and with this technology? ”

    1:30:44 – Question to Rafael López from ISDI. “From all the use cases we have heard, the ISDI use case is the only one that is addressed to a final customer because ISDI’s business model is B2C. Thus, what are the challenges you are facing when trying to bring this complex technology to final customers?”

    1:32:36 – Question to Lior Yaffe from Jelurida. “In Jelurida, you work with companies that are looking for ways to solve certain problems with blockchain. Do you think that companies have the optimal level of readiness? What is your experience in Jelurida? “

    Demetrius Consulting

    1:35:35 – Eventually, a question to Skylar Hurwitz from Demetrius Consulting:

    Your work as a consultant and capacity builder is about helping people understand this technology and its implications, right? Then, do you see any cross over between the challenges that have been noted in these use cases, and the challenges you run into when you are trying to educate basic audiences about blockchain?

    1:38:57 – Lastly, questions from the audience

    Finally, Veronica Torras: Blockchain business developer, educator, and co-administrator of the Blockchain for Business Community. She is the master of ceremony and the moderator of the panel.

    Link of the Meetup here: https://www.meetup.com/Blockchain-for…

    Legal note: IBM, the IBM logo and ibm.com are trademarks of the International Business Machines Corp., registered in many jurisdictions worldwide.

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