Another Block in The (Supply) Chain: Big Picture

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 13

Precast Show 2019

BIG PICTURE

ANOTHER BLOCK IN
THE (SUPPLY) CHAIN
Justin Steffen, Ice Miller LLP

precast.org/education precast.org/education

1 2

BIG PICTURE WHY BLOCKCHAIN/LEDGERS?

precast.org/education precast.org/education

3 4

WHY BLOCKCHAIN/LEDGERS? WHY BLOCKCHAIN/LEDGERS?

precast.org/education precast.org/education

5 6

NPCA 1
Precast Show 2019

TRUST THE PROCESS (THE CODE


OR PROTOCOL)

precast.org/education precast.org/education

7 8

WHY BLOCKCHAIN/LEDGERS? 1. DECENTRALIZATION

1. Decentralization

2. Resilience / Distributed

3. Security

4. Transparency

5. Immutability

precast.org/education precast.org/education

9 10

1. DECENTRALIZATION 1. DECENTRALIZATION

precast.org/education precast.org/education

11 12

NPCA 2
Precast Show 2019

2. DISTRIBUTED / RESILIENCE 2. DISTRIBUTED / RESILIENCE

precast.org/education precast.org/education

13 14

3. SECURITY A. PUBLIC AND PRIVATE KEYS

A. Digital Signatures

B. Crytographic Hashing

C. Consensus (Proof of Work)

precast.org/education precast.org/education

15 16

B. KEYS AND HASHING B. HASHING

precast.org/education precast.org/education

17 18

NPCA 3
Precast Show 2019

B. HASHING B. HASHING

precast.org/education precast.org/education

19 20

B. HASHING C. CONSENSUS

precast.org/education precast.org/education

21 22

C. CONSENSUS C. CONSENSUS

precast.org/education precast.org/education

23 24

NPCA 4
Precast Show 2019

4. TRANSPARENCY 5. IMMUTABILITY

precast.org/education precast.org/education

25 26

DRAWBACKS OR REALITY 1. DECENTRALIZATION

1. Decentralization

2. Resilience / Distributed

3. Security

4. Transparency

5. Immutability

precast.org/education precast.org/education

27 28

1. DECENTRALIZATION 3. SECURITY

precast.org/education precast.org/education

29 30

NPCA 5
Precast Show 2019

3. SECURITY 3. SECURITY

precast.org/education precast.org/education

31 32

3. SECURITY 4. TRANSPARENCY

precast.org/education precast.org/education

33 34

5. IMMUTABILTY 5. IMMUTABILTY

precast.org/education precast.org/education

35 36

NPCA 6
Precast Show 2019

5. IMMUTABILTY THIS IS MY RIFLE . . .

https://www.youtube.com/watch?v=aTwbDAYBVxA

precast.org/education precast.org/education

37 38

BLOCKCHAIN(S) RELEVANT TERMINOLOGY

1. Smart Contracts

2. Forks

3. ICO

precast.org/education precast.org/education

39 40

SMART CONTRACTS SMART CONTRACTS

precast.org/education precast.org/education

41 42

NPCA 7
Precast Show 2019

FORKS FORKS

precast.org/education precast.org/education

43 44

FORKS ICOS

precast.org/education precast.org/education

45 46

USE CASES USE CASES

precast.org/education precast.org/education

47 48

NPCA 8
Precast Show 2019

USE CASES USE CASES

precast.org/education precast.org/education

49 50

USE CASES USE CASES

precast.org/education precast.org/education

51 52

USE CASES USE CASES

precast.org/education precast.org/education

53 54

NPCA 9
Precast Show 2019

USE CASES SO, SUPPLY CHAIN?

https://www.youtube.com/watch?v=OTzyS0pwDQo

precast.org/education precast.org/education

55 56

precast.org/education precast.org/education

57 58

precast.org/education precast.org/education

59 60

NPCA 10
Precast Show 2019

Is this a good idea?

precast.org/education precast.org/education

61 62

precast.org/education precast.org/education

63 64

Legal Considerations:

1. open source license compliance


2. governing law/jurisdiction
3. Reps and Warranties
4. antitrust issues
5. cybersecurity and data privacy issues
6. information governance (who controls what)
7. litigation risk
8. IP protection issues

precast.org/education precast.org/education

65 66

NPCA 11
Precast Show 2019

Legal/Practical Considerations:

1. Securities
2. Storage
3. Insurance
4. Sale
5. Disclosure

precast.org/education precast.org/education

67 68

precast.org/education precast.org/education

69 70

Legal Considerations:

1. cybersecurity and data privacy issues


2. Reps and Warranties
3. information governance (who controls what)
4. litigation risk

precast.org/education precast.org/education

71 72

NPCA 12
Precast Show 2019

precast.org/education precast.org/education

73 74

ANOTHER BLOCK IN
THE (SUPPLY) CHAIN
Justin Steffen, Ice Miller LLP
Justin.Steffen@icemiller.com
@FinTechAttorney

precast.org/education

75

NPCA 13

You might also like