Learning Programs

Proteum perspective: The potential for blockchain applications is limitless. At Proteum, we are encouraging executives to think creatively and establish new economic moats around their business models. As blockchain disrupts a range of industries, including supply chain, fintech, legal, government, energy, food, retail, healthcare, insurance, travel and hospitality, executives need to chart a winning strategy. It starts with the board and senior management creating a foundational platform for their companies to build on.

BLOCKCHAIN EDUCATION AND AWARENESS

Creative, Innovative and Sustainable Solutions for Decentralized Businesses

PRIMER

Our primers cover the basics of Blockchain Technology, adapted for easy understanding and actionable insights.

  • The Why of Blockchains – Business Fundamentals 
  • The How of Blockchains – Technology Fundamentals 
  • Characteristics of Blockchain
    • Security Implications
    • Decentralized and Distributed Systems
    • Smart contracts – what are they and how can you benefit?
    • The Role of Various Cryptocurrencies
    • Monetary Implications 

ROAD TO AN ICO

The ICO process is not a get rich quick scheme. For all the hype surrounding ICOs, they require careful, meticulous planning to pull off successfully. The planning can take anywhere between 6-12 months, depending on your industry, domicile and offering structure. There are three critical areas that you need to pay attention to as you plan your ICO.

  1. Blockchain Technology and Wallets
  2. Legal Regulation and Compliance
  3. Marketing the ICO

All these areas are not mutually exclusive and bleed into each other, so one has to be careful during the early planning stages.

Executives need a rigorous exercise in critically thinking how shifts in technology impact their business. Proteum Academy Works with executives to create and implement a strategic plan to chart the shift and unlock the potential of their resources.

INDUSTRIES DISRUPTED BY BLOCKCHAIN

  • Government – voting system offering ledger-protected votes but requires excessive computing power
  • Management – blockchain facilitates workflow, communication due to its accuracy, transparency, and automated system, weeds out discrepancies)
  • Supply Chain – Provides consensus, provenance, and immutability
  • Real Estate – Land registration
  • Health Care – Personal health records could be encoded and stored on the blockchain with a private key which would grant access only to specific individuals.
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TYPES OF BLOCKCHAIN SOLUTIONS

  • Public blockchain – no restrictions on reading blockchain data (encrypted) and submitting transactions for inclusion into the blockchain.
    • Example: Bitcoin
  • Private blockchain – direct access to blockchain data and submitting transactions is limited to a predefined list of entities.
    • Example: Ripple
  • Permissionless blockchain – no restrictions on identities of transaction processors (i.e., users that are eligible to create blocks of transactions). any user can join the network and start mining.
    • Example: Bitcoin and Ethereum
  • Permissioned blockchain – transaction processing is performed by a predefined list of subjects with known identities.determines who may act as transaction validator on their network
    • Example: Ripple
  • Which Blockchain is best for you?
From time to time our research identifies and uncovers Global Themes that set the foundation for near term opportunities that companies and executives can realize. Our research spans across industries and functions such as technology, legal issues, ICOs and investment landscapes.