One of the most exciting challenges for next years is the integration of Blockchain technology and Physical Asset Management.
A real application provides solutions applicable to all phases of the life cycle of an asset, as smart contracts, check of origin, and proof of evidence.
2. BlockChain for Asset Management
Jorge Asiain CEng MIMechE
Associate IAM
Mechanical Engineer
MEng Automotive Engineering
MBA
Founder and Senior Consultant at AlterEvo Ltd
Lecturer of Mechanical Engineering at Universidad Europea
3. BlockChain for Asset Data Management
AlterEvo Ltd
• Give Value to your Assets
• Founded in 2006
• Based in London
4. AlterEvo Ltd.
• BlockChain briefly
• BlockChain real applications
• ISO 55001 Asset Management
• BlockChain and Asset Management
• The future…
BlockChain for Asset Data Management
5. AlterEvo Ltd.
One of the most exciting challenges:
Integration between BlockChain technology and Asset Management
BlockChain for Asset Data Management
6. AlterEvo Ltd.
BlockChain is a distributed data base of records.
Every executed action is verified by consensus.
Never can be deleted or modified.
BlockChain Briefly
10. AlterEvo Ltd.
BlockChain Real Applications
Consensus
N2N
Proof
of
Work
Proof
of
Stake
Delegated
Proof of
Stake
Leader-
based
Consensus
Round
Robin
Federated
Consensus
Proprietary
Distributed
Ledger
PBFT
13. AlterEvo Ltd.
1. Keeping a decentralized verified and
immutable asset history log
BlockChain and Asset Management
14. AlterEvo Ltd.
1. Keeping a decentralized verified and
immutable asset history log
2. Correct identification of asset
BlockChain and Asset Management
15. AlterEvo Ltd.
1. Keeping a decentralized verified and
immutable asset history log
2. Correct identification of asset
3. Automation of tasks
BlockChain and Asset Management
16. AlterEvo Ltd.
1. Keeping a decentralized verified and
immutable asset history log
2. Correct identification of asset
3. Automation of tasks
4. Ensuring contract fulfills
BlockChain and Asset Management
17. AlterEvo Ltd.
1. Keeping a decentralized verified and
immutable asset history log
2. Correct identification of asset
3. Automation of tasks
4. Ensuring contract fulfills
5. Security of information
BlockChain and Asset Management
18. AlterEvo Ltd.
1. Keeping a decentralized verified and
immutable asset history log
2. Correct identification of asset
3. Automation of tasks
4. Ensuring contract fulfills
5. Security of information
BlockChain and Asset Management
19. AlterEvo Ltd.
ISO 55001 Example
Block 5
• Proof of work
0000jjyt65
• Previous work
0000ds348k
• Performance
Evaluation
Block 6
• Proof of work
00009584g2
• Previous work
0000jjyt65
• Improvement
Plan
Block 7
• Proof of work
00005e8b4jk
• Previous work
00009584g2
• Improvement
Actions
Block 8
• Proof of work
00003211gh
• Previous work
00005e8b4jk
• Performance
Evaluation
Block 1
•Proof of work
000052cv68
•Previous
work
000084jhr5
•Asset
Management
Policy
Block 2
•Proof of work
0000pl75fs
•Previous
work
000052cv68
•Strategic
Asset
Management
Plan
Block 3
•Proof of work
000087fgr2
•Previous
work
0000pl75fs
•Asset
Management
Plan 1
Block 4
•Proof of work
0000ds348k
•Previous
work
000087fgr2
•Asset
Management
Plan 2
20. AlterEvo Ltd.
ISO 55001 Example
Block 5
• Proof of work
0000jjyt65
• Previous work
0000ds348k
• Performance
Evaluation
Block 6
• Proof of work
00009584g2
• Previous work
0000jjyt65
• Improvement
Plan
Block 7
• Proof of work
00005e8b4jk
• Previous work
00009584g2
• Improvement
Actions
Block 8
• Proof of work
00003211gh
• Previous work
00005e8b4jk
• Performance
Evaluation
Block 1
•Proof of work
000052cv68
•Previous
work
000084jhr5
•Asset
Management
Policy
Block 2
•Proof of work
0000pl75fs
•Previous
work
000052cv68
•Strategic
Asset
Management
Plan
Block 3
•Proof of work
000087fgr2
•Previous
work
0000pl75fs
•Asset
Management
Plan 1
Block 4
•Proof of work
0000ds348k
•Previous
work
000087fgr2
•Asset
Management
Plan 2
21. AlterEvo Ltd.
ISO 55001 Example
Block 5
• Proof of work
0000jjyt65
• Previous work
0000ds348k
• Performance
Evaluation
Block 6
• Proof of work
00009584g2
• Previous work
0000jjyt65
• Improvement
Plan
Block 7
• Proof of work
00005e8b4jk
• Previous work
00009584g2
• Improvement
Actions
Block 8
• Proof of work
00003211gh
• Previous work
00005e8b4jk
• Performance
Evaluation
Block 1
•Proof of work
000052cv68
•Previous
work
000084jhr5
•Asset
Management
Policy
Block 2
•Proof of work
0000pl75fs
•Previous
work
000052cv68
•Strategic
Asset
Management
Plan
Block 3
•Proof of work
000087fgr2
•Previous
work
0000pl75fs
•Asset
Management
Plan 1
Block 4
•Proof of work
0000ds348k
•Previous
work
000087fgr2
•Asset
Management
Plan 2
Asset Portfolio
22. AlterEvo Ltd.
ISO 55001 Example
Block 5
• Proof of work
0000jjyt65
• Previous work
0000ds348k
• Performance
Evaluation
Block 6
• Proof of work
00009584g2
• Previous work
0000jjyt65
• Improvement
Plan
Block 7
• Proof of work
00005e8b4jk
• Previous work
00009584g2
• Improvement
Actions
Block 8
• Proof of work
00003211gh
• Previous work
00005e8b4jk
• Performance
Evaluation
Block 1
•Proof of work
000052cv68
•Previous
work
000084jhr5
•Asset
Management
Policy
Block 2
•Proof of work
0000pl75fs
•Previous
work
000052cv68
•Strategic
Asset
Management
Plan
Block 3
•Proof of work
000087fgr2
•Previous
work
0000pl75fs
•Asset
Management
Plan 1
Block 4
•Proof of work
0000ds348k
•Previous
work
000087fgr2
•Asset
Management
Plan 2
Acquisition, Operation,
Maintenance, Renovation
23. AlterEvo Ltd.
ISO 55001 Example
Block 5
• Proof of work
0000jjyt65
• Previous work
0000ds348k
• Performance
Evaluation
Block 6
• Proof of work
00009584g2
• Previous work
0000jjyt65
• Improvement
Plan
Block 7
• Proof of work
00005e8b4jk
• Previous work
00009584g2
• Improvement
Actions
Block 8
• Proof of work
00003211gh
• Previous work
00005e8b4jk
• Performance
Evaluation
Block 1
•Proof of work
000052cv68
•Previous
work
000084jhr5
•Asset
Management
Policy
Block 2
•Proof of work
0000pl75fs
•Previous
work
000052cv68
•Strategic
Asset
Management
Plan
Block 3
•Proof of work
000087fgr2
•Previous
work
0000pl75fs
•Asset
Management
Plan 1
Block 4
•Proof of work
0000ds348k
•Previous
work
000087fgr2
•Asset
Management
Plan 2
KPIs
24. AlterEvo Ltd.
ISO 55001 Example
Block 5
• Proof of work
0000jjyt65
• Previous work
0000ds348k
• Performance
Evaluation
Block 6
• Proof of work
00009584g2
• Previous work
0000jjyt65
• Improvement
Plan
Block 7
• Proof of work
00005e8b4jk
• Previous work
00009584g2
• Improvement
Actions
Block 8
• Proof of work
00003211gh
• Previous work
00005e8b4jk
• Performance
Evaluation
Block 1
•Proof of work
000052cv68
•Previous
work
000084jhr5
•Asset
Management
Policy
Block 2
•Proof of work
0000pl75fs
•Previous
work
000052cv68
•Strategic
Asset
Management
Plan
Block 3
•Proof of work
000087fgr2
•Previous
work
0000pl75fs
•Asset
Management
Plan 1
Block 4
•Proof of work
0000ds348k
•Previous
work
000087fgr2
•Asset
Management
Plan 2
25. AlterEvo Ltd.
Is It Worthwhile
Do you need a Database with shared access
and members has conflicting interest?
• Involve one company Private BlockChain
• Involve several companies Hybrid
BlockChain
• Operations should be public Public
Blockchain