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Blockchain

Blockchain

A new response to the need to govern change

Artificial intelligence, robots and drones, immersive platforms, blockchains. The rapid decentralisation of the IT world is changing the world we live in. This change invests the way we work and produce, govern, join forces, communicate, produce culture and live. Markets, supply chains and business models are also changing. So too are the ways of generating value, employment and wealth. A new balance is emerging between the public and private sectors.

With Blockchain the global network is returning to its original vocation

Thanks to Blockchain and its technological nature driving web 3.0, the global network is returning to its original vocation of decentralised infrastructure: information belongs to everyone and everyone is invited to take part, contribute and share, without centralising knowledge, technology, data and services, yet outlining a shared advantage with an open approach.

A dedicated Competence Center

AlmavivA has long since been experimenting with and creating decentralised solutions involving blockchains and distributed ledger technology (DLT), due to impact that these technologies have on business, providing adequate solutions to the need to govern the changes taking place, also in the wake of entirely new needs emerging in relation to ethics, transparency, trust and privacy.

Thanks to an active presence in the development communities at a global level and constant supervision of the Open Source and Enterprise scenarios (Bitcoin, Ethereum, Hyperledger, Corda are just a few examples), AlmavivA experts are endowed with the necessary vision, knowledge and integration skills.

“Blockchain is a reality comprising 331 projects recorded in Italy in 2017, +73% compared to 2016. In 2018, 59% of Italian companies has started or is working on Blockchain projects and another 31% are interested”.

According to a study conducted in 2019 by the Blockchain & Distributed Ledger Monitoring Center of the School of Management of the Polytechnic University of Milan, the following sectors are involved

48%

Finance

10%

Governmental activities

8%

Logistics

5%

Agrifood

5%

Media

4%

Utilities

3%

Health

3%

Insurance

Other

Collaboration, distribution, consensus. In all markets.

If the implementation of cryptocurrencies such as Bitcoin is certainly the most famous usage case, AlmavivA was nonetheless quick to grasp the technology’s potential, regardless of the assets governed, and has long since been proposing the technology’s use in other new and extremely diversified scenarios in which it becomes crucial to rely on new models of transparency, quality and security. This while striving to contain infrastructure costs.

Collaboration, distribution and consensus are the key words of this technology, already experimented by AlmavivA in many concrete applications in public and private sector organisations. Some of the sectors involved include the agrifood, automotive, health, transport and digital administration industries.

Public or private? The third way proposed by AlmavivA

The debate on which Blockchain model to use is ongoing and complex. Typically permissionless for public Blockchains, or rather where everyone enjoys free access and can perform any role within the network; a Blockchain defined in this way, if widespread in terms of use and number of nodes, also guarantees the immutability of transactions.

Permissioned, on the other hand, is used for private or consortium-serving Blockchains, which are better paired with a “with permission” approach, based on one or more “trusted” subjects who are authorised to write the register, which makes it possible to avoid the use of cryptocurrencies and all the issues linked to them.

So, should you choose a public Blockchain or a private or consortium Blockchain? AlmavivA experience suggests a third way: a hybrid model which goes beyond this dichotomy and allows the full exploitation of the capabilities of both formats.

The AlmavivA hybrid model

The AlmavivA hybrid model combines the typical advantages of a permissioned Blockchain - such as the lack of cryptocurrency, high throughput and platform access control - with those of a permissionless Blockchain, also recognised at a regulatory level due to its guarantee of immutability, a feature which leads to the application of this technology in the majority of cases.

The architectural solution offered by AlmavivA makes it possible to exploit heterogeneous Blockchain ecosystems to the full: by defining interoperability and communication criteria, the focus can shift to the functions, while the technologies are optimised transparently without adversely affecting service levels.

AlmavivA: real production-ready solutions for public and private organisations

AlmavivA stands beside all organisations seeking to radically transform their processes and business through innovative and sustainable architectures. By integrating the most advanced decentralised technologies, AlmavivA proposes solutions that reduce the adoption and implementation complexity also thanks to proprietary production-ready products and its proven software integrator experience, thus tangibly boosting the digital transformation process of clients and partners.

Supply Chain

Non-replicable smart tags, blockchains and distributed documentation to make the goods distribution chain reliable and certified.

Privacy and the GDPR

Managing consents and processing data of users interested in blockchains in a decentralised manner in conformity to the European GDPR.

Legal Automation

The ability to draw up a legal contract with an electronic component that adds dynamism and automation, reacting to events and pre-defined agreements automatically in a non-repudiable way.

Ticketing

Safe, non-replicable tickets and coupons that can be verified by purchasers and IoT systems to guarantee controlled access based on availability, automated and certified calculation of copyright quotas or interoperability on cash back platforms.

Smart Insurance

Creating decentralised insurance solutions with direct and automatic compensation whenever pre-defined conditions occur, certified by means of the Smart Contracts.

Ownership certification

Decentralised management of an asset’s ownership without any intermediaries and with the guarantee of the certified history of the various transfers of ownership.

Notarisation

The decentralised solution for the notarisation of digital assets or digital twins of real assets.

Other

AlmavivA solutions: innovative characteristics and disruptive process models

Reduced time to market

Gradual adaptation of company IT systems; limited initial investment against immediate advantages

Confidentiality

Possibility of collaboration and verifications without having to disclose personal data; sending of data only to enabled subjects; full control over own information

Fair cost-splitting

The subject only bears the cost of its own IT infrastructure (on-premises cloud)

Unique identity throughout the supply chain

Same degree of safety both when accessing and using the services (e.g. within a logistics node)

Simplification of workflows

Creating a status overview and having fragmented visibility on own information

Certified agreements and automation

Smart contracts define clear rules to which all players are bound and automatically carry out the defined operations

Collaborative and inclusive platforms

Open, no lock-in platforms on a specific IT services provider

Maximum interoperability

Open source platforms and instruments facilitate sharing of data among different subjects; there is no need to invent an own blockchain, as it is possible to adhere to existing ecosystems

Reports without disclosure

Possibility of producing reports and statistics of encrypted data without disclosing detailed information (homomorphic encryption)

Transparency and control

The blockchain ensures full transparency and can be easily consulted by audit systems: supervisory bodies can verify the correct conduct of the parties involved

Other

“Our solutions are already used in business processes of large-scale organisations: some examples?”

Case Study

ROUGE, the hi-tech tag for Sicily’s blood oranges

The fight against counterfeiting of “Made in Italy” citrus fruits now has a new ally

Case Study

Enology - coming to the defence of wine. Made in Italy.

The traceability of wine provides consumers with a guarantee of quality and safety as well as underpinning the efforts of supervisory bodies to prevent fraudulent operations

Case Study

Public Privacy, advanced consent management

With blockchain technology, privacy management becomes clear, guaranteed and certified, enabling citizens to use the services in a trusted and secure way in conformity to the GDPR

Contact the Blockchain team

KOE Knowledge of Everything

Cyber Security

KOE Knowledge of Everything

Open Source