In its quest to empower the global CRM community with next-gen enterprise applications powered by Blockchain, San Francisco-based Dapps Inc. is working with Chainlink to provide secure, trusted oracle services and mission-critical data feeds for smart contracts on the Dappsuite™ EBC platform. EBC creates a seamless CRM experience for Salesforce customers looking to leverage data for critical business decisions.

Global CRM users of DappSuite™, built on the company’s core EBC technology platform, and its library of enterprise-grade smart contracts can swiftly eliminate data inaccuracy while reducing the latency and complexity associated with sales and service workflow processes. The two companies will integrate trusted data feeds into the Dappsuite™ (BPaaS) blockchain platform as a service. Global users of DappSuite™, the world’s most ubiquitous BPaaS for CRM customers can initiate, control and drive CRM workflow processes powered by Ethereum smart contracts and trusted data feeds in Chainlink’s oracle network.

Dom Steil, Co-Founder and CTO of Dapps, says, “The next generation of digitally native enterprise agreements has arrived. Chainlink provides the missing piece for self-executing B2B smart contracts through their decentralized oracle network. Dappsuite will enable users to receive access to real-time, tamper-proof, golden source data for any solution built on the Dappsuite platform.”

Since its founding, Dapps Inc. has worked with Fortune 500 companies to digitally transform agreements, contracts, and invoices on the Salesforce platform. Smart contract management enables CRM users to improve deal velocity with smarter management of agreements, policies, invoices and contracts on Sales and Service Cloud. By eliminating costly contract negotiation and manual, time-consuming contract processes such as reconciliation and settlement between stakeholders, CRM users can focus on delivering superior customer service.

“By providing consistent data feeds along with existing CRM data through API protocols, Dappsuite and Chainlink integration immediately puts to use various CRM and non-CRM data sets in customer’s Salesforce CRM to accelerate sales, service and contracting cycles with greater confidence and efficiency,” says Vikal Kapoor, Co-Founder & CEO of Dapps. “Our EBC technology platform continues to provide our global CRM customers with normalized customer, reference, pricing and historical datasets via Dappsuite. Chainlink integration now widens our data feed offering with oracle sets demanded by smart contracts on Salesforce.”

Sergey Nazarov, CEO of Chainlink, added, “We’re excited to collaborate with Dapps Inc. The integration with Chainlink will enable enterprise users of Salesforce to power their smart contract based B2B workflows by securely accessing off-chain CRM and sales data through DappSuite.”

CRM Customers need to make timely and accurate decisions based on real-time data and analytics on a unified system across stakeholders. Decision making processes cannot be optimized if the underlying agreement process is powered by a complete tripartite integration of data, analytics and siloed systems of engagement. Synchronization of on-and off-chain data and processes yield accurate communication; furthermore auto-execution between people and technology across organizations becomes the new cybernetic normal. Dappsuite enables CRM users access to the global settlement layer and network of B2B self-executing smart contracts. Businesses experience vastly improved contract performance and payments like never before. Dappsuite unlocks enormous value for enterprise companies through the integration of internal and external data from various systems, such as CRM, which is essential for vendor relationship management specifically around sales, service, marketing and contracting functions.

Dappsuite’s integration with Chainlink enables CRM Customers with the ability to create auto-executing agreements. The deterministic outputs are based on met or unmet inputs — yielding accelerated reduction of operating expenses related to invoices, contracts, agreements and trade confirmations. Customer examples of outputs include escrow payments, retailer inventory replenishments, insurance payouts and triggers associated to collateralized loans. Customers of Financial Services Cloud can become more efficient via the reduction of counterparty risk and account receivables by having a decentralized, immutable and codified representation of the future. The self-executing smart contracts gap that exist in the market today is due to the fact that smart contracts need to be nourished by actionable data from trusted data providers, APIs and payment systems via global blockchain networks.

Companies of all sizes can now use Dappsuite to deploy smart contracts with Chainlink to bridge to key off-chain resources that will ultimately give them a competitive advantage when deploying to a smart contract backend from Salesforce. These businesses can now connect to Chainlink, the best-in-class project that builds trusted and secure oracles for major decentralized applications. Chainlink’s oracles will give Dappsuite users access to traditionally off-chain information, thereby increasing the security, performance, and competitiveness of Dappsuite users’ enterprise smart contracts.

Click here to view a quick 5-minute demo of the Dappsuite + Chainlink demo.

A Free Trial of Dappsuite is available on the Salesforce AppExchange:

https://appexchange.salesforce.com/appxListingDetail?listingId=a0N3A00000EcqdXUAR

About Dapps Inc.

Dapps Inc. is a B2B software company that has led the enterprise blockchain computing (EBC) category with customer relationship management (CRM) applications since its founding in San Francisco in 2017. The company’s decentralized applications (dApps) enable global organizations to vastly improve digital value-chains with customers and vendors by accelerating sales, service, marketing and contract life cycles. The company’s applications are built on its proprietary core EBC technology platform that uses patented methodology and parallel analysis across Salesforce, Google Cloud, Ethereum, Hyperledger and Corda Blockchain. Dapps enterprise-grade middleware connectors include Dappsuite, Dappscape and Dappsync to extend the Salesforce platform with ethereum, hyperledger and corda global blockchain networks. DSOA application is a distributed system of agreement that enables CRM customers to accelerate agreement, invoice, and contract life cycle (CLM) management. Industry vertical dApps for retail, supply chain, transport, logistics, hospitality, oil & gas and company’s products are available directly and via System Integration partners. The Dappservices division has served Salesforce customers with CRM Blockchain solutions since 2017. The division has helped define intelligent technology strategies that include AI, Blockchain, Cybersecurity and IoT technologies for digital transformation projects at global organizations and leading consulting firms. The CRM applications are offered to global customers directly and via Google Cloud Platform (NASDAQ: GOOG), Salesforce (NYSE: CRM) and R3 (NY, NY) marketplaces as well as strategic partnerships including TechMahindra. The company is part of the World Economic Forum’s Digital Transformation Committee and World Trade Centre, Fourth Industrial Revolution Alliance. It is headquartered in San Mateo, California with additional offices in New York and Barcelona.

About Chainlink

Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. Chainlink is consistently selected as one of the top blockchain technologies by leading independent research firms such as Gartner. It is well known for providing highly secure and reliable oracles to both large enterprises (SWIFT) and leading smart contract development team. Learn more by visiting the Chainlink website and developer documentation or joining them on Telegram and Twitter.

Dapps Inc. collaborates with Chainlink to enable Salesforce Users accurate, real-time data was originally published in Dapps Inc. on Medium, where people are continuing the conversation by highlighting and responding to this story.

In its quest to empower the global CRM community with next-gen enterprise applications powered by Blockchain, San Francisco-based Dapps Inc. is working with Chainlink to provide secure, trusted oracle services and mission-critical data feeds for smart contracts on the Dappsuite™ EBC platform. EBC creates a seamless CRM experience for Salesforce customers looking to leverage data for critical business decisions.

Global CRM users of DappSuite™, built on the company’s core EBC technology platform, and its library of enterprise-grade smart contracts can swiftly eliminate data inaccuracy while reducing the latency and complexity associated with sales and service workflow processes. The two companies will integrate trusted data feeds into the Dappsuite™ (BPaaS) blockchain platform as a service. Global users of DappSuite™, the world’s most ubiquitous BPaaS for CRM customers can initiate, control and drive CRM workflow processes powered by Ethereum smart contracts and trusted data feeds in Chainlink’s oracle network.

Dom Steil, Co-Founder and CTO of Dapps, says, “The next generation of digitally native enterprise agreements has arrived. Chainlink provides the missing piece for self-executing B2B smart contracts through their decentralized oracle network. Dappsuite will enable users to receive access to real-time, tamper-proof, golden source data for any solution built on the Dappsuite platform.”

Since its founding, Dapps Inc. has worked with Fortune 500 companies to digitally transform agreements, contracts, and invoices on the Salesforce platform. Smart contract management enables CRM users to improve deal velocity with smarter management of agreements, policies, invoices and contracts on Sales and Service Cloud. By eliminating costly contract negotiation and manual, time-consuming contract processes such as reconciliation and settlement between stakeholders, CRM users can focus on delivering superior customer service.

“By providing consistent data feeds along with existing CRM data through API protocols, Dappsuite and Chainlink integration immediately puts to use various CRM and non-CRM data sets in customer’s Salesforce CRM to accelerate sales, service and contracting cycles with greater confidence and efficiency,” says Vikal Kapoor, Co-Founder & CEO of Dapps. “Our EBC technology platform continues to provide our global CRM customers with normalized customer, reference, pricing and historical datasets via Dappsuite. Chainlink integration now widens our data feed offering with oracle sets demanded by smart contracts on Salesforce.”

Sergey Nazarov, CEO of Chainlink, added, “We’re excited to collaborate with Dapps Inc. The integration with Chainlink will enable enterprise users of Salesforce to power their smart contract based B2B workflows by securely accessing off-chain CRM and sales data through DappSuite.”

CRM Customers need to make timely and accurate decisions based on real-time data and analytics on a unified system across stakeholders. Decision making processes cannot be optimized if the underlying agreement process is powered by a complete tripartite integration of data, analytics and siloed systems of engagement. Synchronization of on-and off-chain data and processes yield accurate communication; furthermore auto-execution between people and technology across organizations becomes the new cybernetic normal. Dappsuite enables CRM users access to the global settlement layer and network of B2B self-executing smart contracts. Businesses experience vastly improved contract performance and payments like never before. Dappsuite unlocks enormous value for enterprise companies through the integration of internal and external data from various systems, such as CRM, which is essential for vendor relationship management specifically around sales, service, marketing and contracting functions.

Dappsuite’s integration with Chainlink enables CRM Customers with the ability to create auto-executing agreements. The deterministic outputs are based on met or unmet inputs — yielding accelerated reduction of operating expenses related to invoices, contracts, agreements and trade confirmations. Customer examples of outputs include escrow payments, retailer inventory replenishments, insurance payouts and triggers associated to collateralized loans. Customers of Financial Services Cloud can become more efficient via the reduction of counterparty risk and account receivables by having a decentralized, immutable and codified representation of the future. The self-executing smart contracts gap that exist in the market today is due to the fact that smart contracts need to be nourished by actionable data from trusted data providers, APIs and payment systems via global blockchain networks.

Companies of all sizes can now use Dappsuite to deploy smart contracts with Chainlink to bridge to key off-chain resources that will ultimately give them a competitive advantage when deploying to a smart contract backend from Salesforce. These businesses can now connect to Chainlink, the best-in-class project that builds trusted and secure oracles for major decentralized applications. Chainlink’s oracles will give Dappsuite users access to traditionally off-chain information, thereby increasing the security, performance, and competitiveness of Dappsuite users’ enterprise smart contracts.

Click here to view a quick 5-minute demo of the Dappsuite + Chainlink demo.

A Free Trial of Dappsuite is available on the Salesforce AppExchange:

https://appexchange.salesforce.com/appxListingDetail?listingId=a0N3A00000EcqdXUAR

About Dapps Inc.

Dapps Inc. is a B2B software company that has led the enterprise blockchain computing (EBC) category with customer relationship management (CRM) applications since its founding in San Francisco in 2017. The company’s decentralized applications (dApps) enable global organizations to vastly improve digital value-chains with customers and vendors by accelerating sales, service, marketing and contract life cycles. The company’s applications are built on its proprietary core EBC technology platform that uses patented methodology and parallel analysis across Salesforce, Google Cloud, Ethereum, Hyperledger and Corda Blockchain. Dapps enterprise-grade middleware connectors includeDappsuite, Dappscape and Dappsync to extend the Salesforce platform with ethereum, hyperledger and corda global blockchain networks. DSOA application is a distributed system of agreement that enables CRM customers to accelerate agreement, invoice, and contract life cycle (CLM) management. Industry vertical dApps for retail, supply chain, transport, logistics, hospitality, oil & gas and company’s products are available directly and via System Integration partners. The Dappservices division has served Salesforce customers with CRM Blockchain solutions since 2017. The division has helped define intelligent technology strategies that include AI, Blockchain, Cybersecurity and IoT technologies for digital transformation projects at global organizations and leading consulting firms. The CRM applications are offered to global customers directly and via Google Cloud Platform (NASDAQ: GOOG), Salesforce (NYSE: CRM) and R3 (NY, NY) marketplaces as well as strategic partnerships including TechMahindra. The company is part of the World Economic Forum’s Digital Transformation Committee and World Trade Centre, Fourth Industrial Revolution Alliance. It is headquartered in San Mateo, California with additional offices in New York and Barcelona.

About Chainlink

Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. Chainlink is consistently selected as one of the top blockchain technologies by leading independent research firms such as Gartner. It is well known for providing highly secure and reliable oracles to both large enterprises (SWIFT) and leading smart contract development team. Learn more by visiting theChainlink website and developer documentation or joining them on Telegram and Twitter.

Dappsuite, the ubiquitous middleware connector that enables CRM users with the innovations of Ethereum, now enables a privacy-preserving environment. Dappsuite has empowered CRM businesses with low-code smart contract management for industries including Oil & Gas, loyalty rewards management for the Gaming and Hospitality industries, tokenization technology for KYC and AML financial institutions, and improved incentivization for client facing organizations.

Next-Gen B2B Contracts. End-to-End Confidential Smart Contract Management. With Oasis technology integrated into Dappsuite, CRM customers can safely and securely create, deploy and manage all their confidential smart contracts, invoices and agreements right from the Salesforce platform.

Next-Gen AI. Privacy Preserving Einstein AI. Businesses can gain insights from Einstein AI while maintaining privacy-preserving settings for their valuable customer data. Leveraging trusted executable environments and other secure computing techniques through Oasis protocol, Dappsuite users can perform advanced analytics on customer data while obfuscating it from machine learning models.

“Customer data is sacrosanct. Buying, selling and analyzing customer data obtained from third-parties without the person’s knowledge or approval is not aligned to our vision.” says Vikal Kapoor, Co-Founder & CEO of Dapps Inc. “Leading organizations have been asking us to align their data protection priorities with privacy policy efforts. Millions of customers are demanding data privacy and protections to be baked-into all B2C tech, followed by B2B2C. Our CRM apps will continue to drive sales, service, marketing and contracting features and functionality for our customer’s programs. Enabling Salesforce users with Oasis Labs and Dapps Inc. technologies exemplifies why businesses trust our apps to power their AI and CRM.”

Dom Steil, Co-Founder & CTO of Dapps Inc, says, “Privacy-preserving applications that create trust are a key part of the shift towards blockchain network utilization. Customers are increasingly demanding verification of the processes that use their data, while preserving their privacy. We are excited to bridge the trust gap with Oasis Labs for global CRM users.”

“This is a great example of the progress we’re seeing developers make on our platform,” says Raymond Cheng, Co-Founder & CTO of Oasis Labs. “We’re excited to see what Dapps Inc is doing to bring privacy-preserving technologies like Oasis to more users with this Salesforce integration.”

Privacy for data deployed onto public or private blockchain networks is a key for enterprises to adopt this technology. Some of the core tenets of using public blockchain networks is the decentralized verification of information, global transactional settlement and incentivized state systems. However, with that comes the challenge of preserving the privacy of the transactional data in a smart contracts or other financial elements transactions executed in a verifiable and secure enclave for computation. Dapps Inc. believes this is a key gap in the market that will need to be filled in order to accelerate the adoption of enterprise grade smart contracts. That is why we are excited to announce our partnership with Oasis Labs, the leading privacy-focused blockchain platform.

Dappsuite is the first low-code blockchain premier Ethereum BPaaS built for the global CRM market. By integrating Oasis technologies, Dappsuite users will be able to deploy confidential smart contracts, increasing the security, performance and competitiveness of their enterprise smart contracts and privacy preserving applications.

About Dapps Inc.

Dapps Inc. is a San Mateo based software company that has led the enterprise blockchain computing (EBC) category with customer relationship management (CRM) applications since its founding in 2017. The company’s decentralized applications (dApps) run on proprietary EBC technology for organizations to execute, manage and analyze global CRM stakeholders. Dapps product suite is fully integrated into the Salesforce platform to accelerate sales, service, marketing and contract life cycles. The company’s products are available via Google Cloud (NASDAQ: GOOG), Salesforce (NYSE: CRM) and R3 (NY, NY) marketplaces, via strategic partners like TechMahindra. Dapps products include enterprise-grade middleware connectors Dappsuite, Dappscape and Dappsync to extend the Salesforce platform with ethereum, hyperledger and corda global blockchain networks, respectively. Camila enables CRM customers to operate on a system of agreement for contract, agreement, and invoice management. Baton, enables CRM users to communicate with the global CRM community. Industry specific dApps for retail, supply chain, transport, logistics, hospitality, oil & gas and company’s products are available directly and via system integration partners. The company’s DappServices division partners with digital transformation teams at global organizations and consulting firms to define intelligent technology strategies utilizing enterprise blockchain computing. It is headquartered in San Mateo, California. https://dapps.network

Kim Clooney

Investor Relations

kclooney@dapps-inc.com

About Oasis Labs

Backed by top investors including a16z Crypto, Accel and many others, Oasis Labs is building a privacy-first cloud computing platform on blockchain. It aims to help users regain control of their data and enable privacy-preserving collaborative machine learning to foster company innovation. Oasis Labs is recently recognized as one of the 10 startups to watch in Silicon Valley.

Anne Fauvre

Marketing and Communications

annefauvre@oasislabs.com

www.oasislabs.com

Dapps Inc integrates Oasis Labs technology to Bring Privacy-Preserving Machine Learning… was originally published in Dapps Inc. on Medium, where people are continuing the conversation by highlighting and responding to this story.

Do you believe me? If so, let me take you on a journey to the future.

In web3, decentralized global organizations transact assets and agreements on universal settlement layers. Systems for automating and transacting assets through Front-Office, Middle-Office and Back-Office Applications are networked, orchestrated and verifiable across multiple distrusting organizations. Transactions are real-time and settle instantly across different organizations across the globe. Enterprise applications preserve the privacy of customers. Customer data is not used in machine learning models without consent. Agreements are auto-executing, competitive and codified with external stakeholders. Auto-executing decentralized public blockchains are deterministic and provide finality through state-of-the-art consensus algorithms.

A network of blockchains will serve as the next-generation of the internet through digitally native enterprise agreements and tokenized assets.

There will be thousands of interoperable blockchain networks, millions of tokenized assets and these networks have immutable liquidity through traversable enterprise merkle trees. This is the future of the enterprise software industry, a decentralized system of agreement between global stakeholders.

Today in web2, we can see the state of the objects and entities organizations use to manage sales, subscriptions, leads, accounts; without the manual updates, growth critical assets are all stale. Information and communication via mobile and web-based applications drive growth. Tools are used to synthesize the data points. I spent the last 7 years working in these systems of records. Building and configuring applications that implemented workflows and processes, custom user interfaces, even bots to abstract away the pain with updating SORs manually. Importing and spinning instances, installing package and modules, lots of missed checkboxes, customized demos in cloud silos. I have learned that most of these applications result in a paper deliverable. Any steps to automate the rules of generation and dynamically merge fields or streamline signatures leads to a sales tool. There is a consolidation of cloud storage and the many applications used to patch together these siloes as they have emerged. The state of the art today between counterparties is applications within Slack, gMail and Salesforce; and of-course Word, Powerpoint and Excel, the former residing in data centers on Oracle clusters.

Web3 is bringing the Enterprise and Consumers into a world that is:

• Open
• Secure
• Trusted
• Privacy-Preserving
• Direct
• Verifiable
• Honest
• Immutable
• Decentralized
• Global
• Real-Time
• Auto-executing
• Liquid
• Consistent
• Verifiable
• Deterministic
• Consensus Driven

To bring about:

• Eliminating Systemic Mistrust across Counter-parties
• Knowledge and Wealth Distribution
• Verifiable Digital Agreements and Digital Assets
• Data Ownership and Security
• Open-source, blockchain based, tokenized systems
• Self-organizing groups and incentive systems
• Global enterprise business networks and asset ledgers
• Tokenized Asset Platforms and Markets for Contracts and Assets
• Unstoppable, Decentralized Global Settlement Layers
• Data Commons, Open Verifiable Data Exchanges

In response to a web2.0 that is comprised of:

• Bought and Sold Customer Data
• No Trust
• No Accountability
• Not Verifiable
• Evasive
• Siloed
• Manual
• Copied
• Risk
• Customized
• Data owned
• Not persistent
• Temporary
• Outsourced
• Controlled by a few
• Multi-tenant
• Rented
• Expensive
• Closed

The mediums we use to communicate, to transact, to agree; are controlled by intermediaries who charge us for our use and then sell our data. The enterprise applications are siloed, failing systems of record and unimpressive systems of intelligence. The processes we use in applications are engineered to make them more addictive. The shift is happening into web3 and there is a network of people working on recreating an open web, open financial system and decentralized system of agreement for the world.

Web3: Beyond Cloud Computing was originally published in Dapps Inc. on Medium, where people are continuing the conversation by highlighting and responding to this story.

This is the natural progression of computing. Going from on-premise, to distributed cloud, to decentralized.

There are developments happening right now that are laying the infrastructure for the future of this computing paradigm. The decentralized application market in the enterprise will be built in the 2020’s in a golden era of convergence of technology. This company will be a leader in offering market leading Blockchain Solutions for companies of all sizes; building on the latest developments in the cryptocurrency, blockchain and artificial intelligence industries to bring them to your customers. We are going to displace legacy systems on-premise and cloud solutions; with next-generation enterprise grade technology that is more secure, more robust, more scalable and more portable.

Dapps Inc. is the #1 Enterprise Blockchain Computing Company in the World.

Dapps Inc. specializes in Enterprise Blockchain Computing; specifically focused on the Middle Office b2b applications. This is where we can focus on 20% of the features that will drive 80% of the value as the enterprise adopts these computing platforms and builds on this next generational technology. In order to start on this journey the first step is to have a best-in-class understanding of the multiple protocols being developed and to begin to access which will have the first production applications in use in the enterprise. Over the past few years I have researched and built applications in depth on the Ethereum, Hyperledger and Corda protocols. Applications that can be thought of as tokenized or non-tokenized. Tokenized applications in the enterprise. Non-tokenized applications in the enterprise modeled as asset registries; modeled as state machines. Transactions are a commonality amongst these protocols as are in some respect actors and state registries.

Dapps Inc. is a one stop shop for everything enterprise blockchain computing. This includes Blockchain-as-a-Service nodes at the infrastructure level, API gateways using serverless containers and an application layer that is tightly integrated with existing business processes through ubiquitous conversational interfaces linked to our networks driving mission-critical growth and revenue driving processes. The solutions that we are building are infinitely scalable, cost optimized, and built with the future in mind. Performance is key as we build out solutions that are going to be a key part of the well archtitected framework for our customers.

We are implementing scalable full stack blockchain applications that are driven by serverless containerization; optimzing cost, portability and scalability. By writing data to the Blockchain and surfacing it for multiple entities we create a distributed consensus that is logically centralized but organizationally decentralized across multiple stakeholders in the network. This enables multiple parties whether or public or permissioned protocols to operate on the same transactional data where related to the financial elements of agreements or the orchestration of business processes. This could be the verification of the transfer of ownership of a specific digital asset or NFT; this could be the verification of a contract status its outcome that was met be a specific set of data; it is being distributed as a multi-protocol, interoperable platform for enterprise b2b applications

EBC was originally published in Dapps Inc. on Medium, where people are continuing the conversation by highlighting and responding to this story.

Shared transactional processes and shared state is a must.

We are past provisioning and have entered the era of discovery of known nodes that are giving authority to read and write from the ledger. The concept of bringing a consortium is a methodology to streamline authentication and discovery. There needs to be the use of a DID used to authenticate, create, sign and record a transaction, this is important. Workflow and shared process is separate from the use of a DID at the Enterprise level.

The current paradigm: there is POC, PILOT with partner company X, who will provide this set of data to this ledger that we share and that removes the need for us to manually reconcile the process therefore giving us the operational efficiencies needed to reduce our cost and increase our top line. This is what we are hearing from many enterprise customers in US, Europe and Asia. However, this is not a direct representation of the reality of enterprise blockchain solutions today. Where are the production applications that are being used for: uses of provenance, connectivity, immutability, transactional efficacy. There needs to be a discovery mechanism for application specific nodes that enterprises can offer and share. A network of enterprise nodes that leverage a B2B messaging protocol, shared process, shared state, transactional finality, process upgradeability, scalability, partitioning; interfaces that are tightly integrated into growth critical data assets and third party applications.

There needs to be a shared microservices approach to building these applications in that they can trust that the process and therefore result they are using is shared and therefore there is consensus as to the process.

These processes need to be upgradeable. The immutable nature of smart contracts in the contract oriented programming abstraction today does not provider this without having another protocol layer on top of the core virtual machine. A kernel that is upgradeable or a set of libraries that are inserted into the contract on original deployment that enables versioning or referencing for later use.

Reserving state is currently a public good and is free other than the one time cost of deployment. This will need to change or the ability to arbitrarily choose that which is trash on the chain and can be removed over time due to inactivity, lack of incentive or payment and need to remain in the world state. Enterprise Blockchain Networks or Business Networks withing the realm of Permissioned known access networks are essentially Intranet2.0. There are innovations happening on closed and open blockchains. Permissionless innovations undoubtedly are driving the future of this technology and doing the things that were never before possible with blockchain technology. Non-repudiation on permissioned networks using virtualization to share a federated data set is one application for the enterprise that is industry and sector agnostic though requires customization and services for each individual application.

Blockchain networks are enabling the permissionless tokenization of anything. Anything can be tokenized and a market could be created from any one entry point on the network. Initial Coin Offerings are the Initial phase of tokenization for Capital formation; the tokenization of assets that are formally unowned or unapproved is interesting. Is there a way to provide an abstraction layer to approve Tokenization of a digital or real world asset. How does one tie tokenization of a real world asset to the blockchain digital world state. Are virtual inventories usable in the physical world, is the overlay needed?

There is the need to build enterprise blockchain applications that enable shared single view of transactional processes to augment existing siloed systems. Opting into business networks that are completely decentralized where assets are frequently moving between participants in the market is the way that tokenization and assets should be moved onto ledgers. Where does that data need to come from to execute computer logic that is shared and agreed upon. The Oracle problem is a multi-protocol problem. It does not matter if you are using Ethereum, Hyperledger, Corda; there needs to be a trusted verification mechanism for the data that is being used to auto-execute a transaction flow or set of state changes.

Enterprise Smart Contracts consist of transaction types, transaction flows, that are distributed on a log and executed on every node. This is true of Smart Contracts on Ethereum that are imprinted into the log that every node shared and true of the Chaincode that is instantiated on Hyperledger Nodes in the network. There is a set of functions that cause state changes within a group of peers whether it is thousands or it is 4 enterprise customers. The state is agreed upon and the individuals or the companies can trust that they are looking at the same state that has been derived from the shared agreed upon processes.

At it’s core Blockchain technologies are ledgers yes, yet ledgers with stored procedures, yet what is new is distributing verifiable value and state. Creating Business Networks and Virtualization of Data across multiple protocols at the application layer provides a better and faster way of doing business. virtualizing value and distributing it amongst a variable set of unknown trustless peers is new.

Is transactional efficiency the most important aspect of Blockchain technologies? Has it created the separation and arbitrage. Is it as fast to send a payment and verify a transaction as it is to get the physical good there. Is there an opportunity to optimize and recalibrate the efficacy of the payment and transfer of goods. Which one is driving the speed of the other. If the transactional efficiencies create enhanced visibility or what part of it needs to be sped up?

Docker Containers are the core tenants of blockchain nodes. Each company transports a Docker Container as a transferable set of its transaction history and its processes. Where a Docker Container lives is unimportant as of now but is a question that must be answered in time. Where and how a docker container is transported, instantiated. Where do the images of state live, are these images the immutable logs of verticalized enterprise operations in the future.

Automation and provisioning of nodes is the first step using step functions and CloudFormation Templates or Terraform; Knative and Kubernetes, is the ability to automate the first step of the process for the enterprise. Though companies, developers, system integrators are figuring out that speed to provision the network does not lead to an immediate value add for the enterprise customer. Automation of resources via API is a superpower we were gifted with yet; it is powerful to be able to have unlimited computational resources that you can setup with a JSON template. A JSON template to define a set of conditions and the requirements for the network, the API gateway, the containers, the subnets.

Though, this power unfortunately does not lead to achievable Key Performance Indicators for the Enterprise Customer. It leads to less downtime for hosted transaction services; but there are different requirements for the enterprise customer. The Enterprise Customer needs to define and discover what are the KPIS for a blockchain network. What were the KPIs for the first intranets? Public blockchain networks don’t need KPIs, the price of the coin is the KPI.

Multiple Blockchain protocols are being used in the Enterprise and Enterprise customers need to be able to understand the advantageous and disadvantageous of using certain protocols. The next step is actually getting the data into the protocol. The third step is actually implementing an agreed upon process or the agent that is shared between the companies. Then determine a way to value the network by setting performance indicators as to whether or not the investment in the network is returning dividends for all participants. The most important part of the above is the data. The data that is used in the Enterprise on shared networks is of utmost importance. Why is this?

Shared data and real time data that is trusted data can be used across other technologies. Is there something to this? The fact that Blockchains can bifurcate is an important lesson in that bifurcation is a failure in consensus. Until that failure of consensus, there is agreement to state.

Enterprise agreement on state leading to verticalization may be the killer application at least for intranet2.0. Blockchains have certain properties and attributes that are secured by a proof of X. These attributes and properties can be used as a solution to a dare or a questions. Logically centralized and organizationally decentralized databases that are secured by a proof provides transactional efficiencies not data efficiencies. Immutable persistence for transactions is key as is the petrified effect that blockchains provide as an attribute. The enterprise will adopt blockchain protocols and applications that provide a scalable and secure mechanism for using attributes that provide efficiencies by proof. These systems create separation in the respective industry.

For public networks tokenization speaking from radical truth is the killer application. Decentralized organization through incentives creates virtual camps that can self organize. Enterprise organization still a need chief conductor for the orchestra. The microservices coordinator is important to improve, coordinate, automate and actually actualize that value of the network.

Enterprise Blockchain Networks will take time though it is no longer early. We are entering the node (org) discovery era and this will be done in different ways; my bet would be on using a platform they are already on and providing a way for them to discover who else is also already there.

Reach out at connect@dapps-inc.com

Multi-Protocol Enterprise Blockchain Computing was originally published in Dapps Inc. on Medium, where people are continuing the conversation by highlighting and responding to this story.