welcome to the nem blockchain. - meetup.123-altcoin.de · head of partnerships-europe welcome to...
TRANSCRIPT
The Smart blockchain...
Julian RichterHead of Partnerships - Europe
The Smart blockchain...
Welcome to the NEM Blockchain.
Security - Simplicity - Scalability - Speed
The beginning of NEM
2016
NEM Foundation
2014
Getting Started
2015
First Stable Release
- Announcement - March 29th - Community Vote- Announcement
- Alpha & Beta Release - Private Chain- Community Vote
- Lightwallet Vote
- Non-Profit Foundation
NEM Foundation: Founded in Singapore to educate & promote NEM Blockchain; Provide training events and technical support for the ecosystem; Advice partners on Set-upof Blockchain Track, Program or Application Infrastructure
NEM roadmap & presence
2019
Maturity
2018
Consolidation
2017
Global Expansion
- Europe, Australia - North/South America- Europe, Australia
- China, Southeast Asia
- Catapult Beta
- Catapult
- Centre of Excellence (Barcelona)
- NEM Exchange
- NEMsp Program
NEM Europe: Main Offices in Vienna & Antwerp; Blockchain Center in Vilnius; Solution Architects can provide training at cost in many locations all over Europe
Security: Handling data & payments requires the highest security standards.
Simplicity: Get the best solution with as little effort as possible.
Speed:
Focus of NEM
Speed: Short development cycle offers fast iterations and a good cost-return.
Scalability: Create long-term sustainable Blockchain Solutions.
Running since March 2015 with absolutely no security issues, no downtime, ever!
Tried and tested and no locked up funds: NEM is battle tested in the real world.
First and only blockchain to run “Eigentrust++” node trust score reputation system
Security
Third party audited code
Spam protection
Not one single point of failure in NEM due to open and decentralized network
P2P time synchronization
Access Control EncryptedMessaging
Anti Counterfeit
Simplicity
NEM is your Swiss army knife. NEM’s built-in API tools and “Plug ‘n’ Play” features include: namespaces, assets, multi-level multisignatures and more.
No need to build smart contracts with NEM - they’re already built for you!
Self-written smart contracts are obsolete for around 80% of businesses that want to utilize the advantages of Blockchain
Existing
Client
Plug’n’play with APIs
Blockchain Comparison
Regular System
Data Center Data Center Bank
EXECUTIONBUSINESSLOGIC
BUSINESS PROCESS STATE
MODEL DATAVALUE (MONEY)
SystemData Center Data Center Bank
Bitcoin / / Blockchain
Other “Smart Contract” Platforms
Blockchain Blockchain Blockchain
NEM Data Center Blockchain Blockchain Data Center Blockchain
Ease of Use and Maintainability
Others:
On-chain business logic in a Smart Contract is very difficult to maintain or upgrade.
Business
Process
NEM Solution:
Scalable business logic execution and state management via API. Only the minimum goes on-chain so you remain scalable, maintainable, and in control!
Business
Process
OTHERS
SCOPE DEFINITION
APPLICATION DEVELOPMENT
CONTRACT AUDIT
DATA MODELLING
CONTRACT DEVELOPMENT
DEBUGGING
Blockchain App Development
SCOPE DEFINITION
APPLICATION DEVELOPMENT
DATA MODELLING COST & TIME SAVING
AUTHORISATIONMODELLING
Implement NEM over other blockchains in a fraction of the time.
Public vs. Permissioned Blockchain
Throughput Low ( 2 - 100 TPS ) High ( > 4000 TPS )
Security/Governance Consensus Algorithm Centralized (You can
decide yourself)
Immutable Yes ?
Access Open Permissioned
RESTful
JSONCalls
RESTful
JSONCalls
Seamless Integration
NEM seamlessly integrates private & public chains. Apps interface with NEM through API calls, while maintaining the security an internal network needs.
NEM Tools
• NEM’s API: Simplifying application development through an abstraction layer
allows existing businesses to create secure solutions & applications in the language they are most comfortable with on top of the NEM blockchain.
• Namespaces: Similar to the Web - you can have your own unique
namespaces & subdomains which helps with logical organization.
Core Features & Workshop Material
namespaces & subdomains which helps with logical organization.
• Editable digital Assets - Mosaics (“Token”): Assets can be
created and initially it can be decided on mutable quantity (fixed or increasing quantity), transferability (token exchange) and levy (Tax for transferring tokens)
• Native Multisig Transactions & Encrypted Messages: m-of-n (up to 32) Multisignature Accounts enable Smart Contracts. Co-signatories can be added or removed which makes it a very flexible and adjustable tool.
Namespaces & Mosaics (Assets)
Root namespace Sub namespace Mosaic
Namespace: Allows organizations to have their unique identifier on the blockchain.
Mosaic: Represents any asset in blockchain: objects, tickets, coupons or your cryptocurrency.
Heineken
Amstel
Tiger
heineken.amstel:beerbeer
Configurable Mosaics
Levy
You can charge an extra fee for transactions
Transferability
Assets can be transferred freely
Mutability
The supply can be changed
?
Multisignature account
MULTISIGNATURE
M = Signatures required
N = Total cosignatory accounts
M of N :
• 1 of 1
• 2 of 3
• …
BOB ALICE CHUCK
…
NEM 2.0: “Catapult” (β-released on private Chain at Consensus and available for Developers to test)
NEW CODE
• C++ for Node Layer
• MongoDB for API Layer
• Websockets/Subscriptions
• SDKs RESTful
JSON • SDKs
• Typescript / JavaScript
• Java
• C#
NEW FEATURES (Native Features ready to use)
• Multi-Level Multisig Accounts
• Aggregated Transactions
JSON
Calls
• Atomic Cross-Chain Swap Transactions
• Pull Transactions
Multi-Step Approval ProcessQuality Approval Complete
3 of 3
Safety Shipment
Successful
2 of 22 of 2
1 of 2
Factory Confirms
Production Date
Digital
Inspection Human
Inspector 1Human
Inspector 2
Shipment
Temperature
Sensor Day 1
Shipment
Temperature
Sensor Day 2
Safety
Inspection
Passed
Successful
Multi-Asset Escrow without 3rd party
100 XEM
Concert Tickets
and Vouchers
ALICE
e.g. TICKETS & VOUCHER (orData & Loyalty Points & Voucher)
and Vouchers
are exchanged
simultaneously
for XEM.
Pull Transaction
Request 30 XEM
Customer accepts request & invoice
is paid
30 XEM paid
Seller initiates “invoice” payment
request
▸ Logistic Tracking
▸ POS Inventory management
▸ Certificates, Notarisation
▸ Copyright management
▸ Asset registration
▸ Insurance
▸
▸
▸ Cross-border payments
▸ Election voting
▸ Virtual currencies
▸ Security trading
▸ Trading Cards
▸ Bank Ledger
▸
▸
▸ Medical life logs
▸ User authentication
▸ Login logs
▸ Encrypted storage
▸ Crowdfunding
▸ KYC Validation
▸
▸
NEM use cases
▸
▸ Insurance
▸ Sharing service
▸ E-tickets
▸
▸ Bank Ledger
▸ Micropayments
▸ Telecom billing
▸
▸ KYC Validation
▸ Corporate compliance
▸ Escrow services
Security, Simplicity, Speed, Scalability
Public - Private - ProvenPublic - Private - Proven
Julian Richter
Head of Partnerships Europe
+49 15901950915