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Michael Bookey, VMwareCliff Richards, ASX Limited
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The Realities of Deploying Distributed Ledger Technologies (aka Blockchain) into Production with ASX
©2019 VMware, Inc.
Disclaimer
This presentation may contain product features or functionality that are currently under development.
This overview of new technology represents no commitment from VMware to deliver these features in any generally available product.
Features are subject to change, and must not be included in contracts, purchase orders, or sales agreements of any kind.
Technical feasibility and market demand will affect final delivery.
Pricing and packaging for any new features/functionality/technology discussed or presented, have not been determined.
This information is confidential.
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The information in this presentation is for informational purposes only and may not be incorporated into any contract. There is no commitment or obligation to deliver any items presented herein.
©2019 VMware, Inc. 3
o A brief History
o sBFTo Scalable Byzantine Fault Tolerance
o Concordo Project Concord, an open-sourced, highly scalable
and energy-efficient engine for digital consensus and contract execution
VMware Blockchain
©2019 VMware, Inc. 4
o Enterprise Blockchain solutiono Privateo Permissionedo Efficiento Scale o Secure o Operationso Developer Framework
Enterprise Blockchain solution
©2019 VMware, Inc.
Cliff Richards, Executive General Manager ASX Limited
©2019 VMware, Inc. 6
Considerations for Distributed Ledger use
o Throughput capabilities for high volume, high value solutionso Privacy, confidentiality and forward security “must haves”o Independent verification – sharing synchronized truth, provably soo Industry-wide automation of work – deterministically verifiedo Hassle-free, rapid, scalable node deployment
appregistry
apptax
appgovt
applogistics
appfood
Industry innovation starting with CHESS replacement
CHESS is a single system today. It’s being replaced with two components – an application and a platform.
Application (apps) - creates the services offered to the market. Coded in DAML, a smart contracting language which replaces COBOL.
Platform – an infrastructure upon which CHESS replacement and 3rd party services are accessed. For CHESS this will deliver services as messages like today, or optionally via distributed ledger APIs.
A system replacement in two parts, an application sitting on a platform infrastructure
CHESS Replacement
appapp
registry
appfixed
income
3rd party technology innovation
appcorp
actions
CHESS replacement
appbanking
appInsurance
logic layer
shared industry infrastructure
© Copyright 2019 ASX Limited ABN 98 008 624 691
industry platform infrastructurepowered with VMware DLT
Industry innovation with FinTechs and others developing smart contract services hosted on this infrastructure
©2019 VMware, Inc. 8
https://www.vmware.com/blockchain• Hands-on lab• Overview of solution
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