August 2018 Meetup: The Azure Blockchain Workbench by Henri Dethier and Michele Tedesco

In Blockchain we trust - Blockchain will disrupt every industry soon. We believe it will act as a force multiplier for enabling smart economy and trust as a foundational layer for society. We'll briefly present some industry scenarios where we see a fit for Blockchain and we'll pick one of those scenarios to demo how App Builder on Azure makes deploying Blockchain and Smart Contracts very easy.

Speaker: Henri Dethier
Henri is an Azure Cloud specialist for Applications & Infrastructure. From the transformative business scenarios to the technical development, he wants to drive the architecture of distributed applications in combination with other cloud services (Microservices, Serverless and IOT).

You can find him at:
https://www.linkedin.com/in/henri-dethier-550b65138

Speaker: Michele Tedesco
Michele is a Premier Field Engineer (PFE) for modern applications – He likes to learn and share his knowledge by asking tricky questions to further open the perspective for the market of the future, supported by DLTs.

You can find him at:
https://www.linkedin.com/in/tedescomicchi/
https://twitter.com/tedescomicchi

Transcript

1. Azure Blockchain Workbench Henri Dethier Michele Tedesco 23.08.2018
2. Technological, Legal and regulatory are primary barriers for blockchain adoption Co-operation & Establishing Standards • In order to gain widespread adoption, standards need to be agreed between participants that create a common set of protocols for individual firms to adopt. This is challenging given the number of participants that need to come to agreement • For some markets “Critical mass” will be achieved by a smaller group that will then work together and create de-facto standards Regulatory Framework • Regulators will focus on how blockchain achieves outcomes that align with regulatory concerns (e.g. AML/KYC, Resilience, Recovery and Resolution) • Specific local regulations such as specific Asian data Secrecy requirements will need to be met • Negative connotations associated with bitcoin impact on regulator’s perceptions Scalability & Resilience • Bitcoin’s transaction capacity (~3 transactions per second) precludes mainstream capital markets adoption • Regulators concerns around operational resilience will need to be satisfied Legal Framework • To trade significant values of assets firms need to ensure that they can perfect legal title to the underlying asset recorded by the tokenised asset in the distributed ledger • An identified challenges is achieving a uniform legal framework across a distributed set of peer parties with no centralised authority Settling value in “real money” • Any mainstream application will need settlement certainty in real money • Tokenized solutions pose an added layer of settlement and counterparty risk that will not be acceptable
3. Blockchain wasn’t built for enterprise Integration There are a number of challenges to integrate a blockchain with existing IT architecture Ledgers Ledgers designed for public network lack the performance, confidentiality, and governance capabilities needed for commercial use Smart Contracts Smart contracts were not designed to leverage existing enterprise tools and skill sets
5. Evolution of Blockchain Blockchain 3.0 + Cloud Servicing Multilayer Middleware + Cryptlets Blockchain 3.0 – Microsoft evolving the ledger to address the big problem
6. Build on a trusted cloud that scales with your business Global availability Scale worldwide with 40+ datacenters covering 140+ countries, including China Build on a cloud that meets rigorous compliance, privacy, and security standards Unparalleled security Seamlessly integrate applications, data, and processes across on- premises and cloud infrastructure Flexible deployment
7. An enterprise-friendly platform Connect to existing apps and workflows Coordinate with relevant tools Fully managed enterprise ledgers Middleware Ledger Core Industry Solutions Fully-Managed Distributed Ledger Hosted Compute (VMs) Coco Framework Partner Distributed Ledger A Partner Distributed Ledger B Partner Distributed Ledger C Partner Distributed Ledger E Partner Distributed Ledger D Identity & Key Management Data Platform (ML/BI) Secure Off- Chain Execution Monitoring & Security 3rd Party Services Healthcare Retail & CPG Government Discrete Manufacturing Banking, Capital Markets Horizontal SaaS & Adapters App Builder Workflow Design & Orchestration Professional Services & Support 3rd Party 1st Party ……. Developer Services (Tools, Team, CI/CD) Azure & Azure Stack – Blockchain resource provider
8. Blockchain workbench: Why, What, How !? • Templatize a development envrionnement in Azure (start on step 10 and not step 1) • Abstraction Application and integration lawyer on the top of the Blockchain (application) • POC/PILOT (not Production) • Integrated Client application with UI/API • Off-chain storage • Event-driven • Identity management WHY WHAT HOW
9. ARCHITECTURE (1)
10. ARCHITECTURE (2)
12. DEMO and EXPERIMENT 23.08.2018
13. Marketplace experiment - workflow https://workbench-cpihuk.azurewebsites.net/ Link → commoditybuyer@blockchainworkbenchdoor.onmicrosoft.com Fosu730356 commodityseller@blockchainworkbenchdoor.onmicrosoft.com Hoxa837446 commodityseller2@blockchainworkbenchdoor.onmicrosoft.com Kodu1921 commoditybuyer2@blockchainworkbenchdoor.onmicrosoft.com Xaju0558 assetbuyer@blockchainworkbenchdoor.onmicrosoft.com Loja6978 assetseller@blockchainworkbenchdoor.onmicrosoft.com Doko0215 assetseller2@blockchainworkbenchdoor.onmicrosoft.com Jusa9706 assetbuyer2@blockchainworkbenchdoor.onmicrosoft.com Doju4040
14. Process workflow in Microsoft Dynamics 365 – Field service and Mobile Workforce management Visualisation in PowerBI Identity management in Active Directory Key management in Azure key Vault Monitoring in App insights and Azure Monitor
16. ✓ Asset Transfer/Trading ✓ Telemetry ✓ Tracability ✓ Contract enforcment IoT Enabled SMART CONTRACT SMART CONTRACT UPDATED Supply Chain Sustainability (1/3) USE CASES
17. Evolution of the workbench • Whats coming up • Multi-member, Multi-cloud distributed consortiums • Customization and production envrionnemt • Open-source VS integration • From Identity mangement to decentralised identity
18. Multi-member consortiums
19. Digital Distributed identity Microsoft Authenticator will be able to act as your User Agent to manage identity data and cryptographic keys
20. Open Q&A henri.dethier@microsoft.com