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BlockChain for Asset Management
Jorge Asiain, CEng MIMechE
AlterEvo Ltd.
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
BlockChain for Asset Data Management
AlterEvo Ltd
• Give Value to your Assets
• Founded in 2006
• Based in London
AlterEvo Ltd.
• BlockChain briefly
• BlockChain real applications
• ISO 55001 Asset Management
• BlockChain and Asset Management
• The future…
BlockChain for Asset Data Management
AlterEvo Ltd.
One of the most exciting challenges:
Integration between BlockChain technology and Asset Management
BlockChain for Asset Data Management
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
AlterEvo Ltd.
BlockChain is a…
correct
verifiable
immutable
… record of every operations.
BlockChain Briefly
AlterEvo Ltd.
Smart property
BlockChain Briefly
AlterEvo Ltd.
Smart contracts
Check of origin
Decentralized internet of things
Proof of evidences
BlockChain Real Applications
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
AlterEvo Ltd.
ISO 55001 Asset Management
Acquisition
Operations
Maintenance
Renovation
AlterEvo Ltd.
Logistics
Warranties
Obsolescence
Second-
hand
Sales
Risks
ISO 55001 Asset Management
Feasibility
and
Concept
Selection
Front-end
Engineering
Design
Detailed
Design
Leasing
Property
AlterEvo Ltd.
1. Keeping a decentralized verified and
immutable asset history log
BlockChain and Asset Management
AlterEvo Ltd.
1. Keeping a decentralized verified and
immutable asset history log
2. Correct identification of asset
BlockChain and Asset Management
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
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
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
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
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
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
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
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
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
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
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
AlterEvo Ltd.
1. Transform BlockChain into an Asset
Identity Card
The Future…
AlterEvo Ltd.
1. Transform BlockChain into an Asset
Identity Card
2. Split BlockChains
The Future…
AlterEvo Ltd.
1. Transform BlockChain into an Asset
Identity Card
2. Split BlockChains
3. Monetize Assets
The Future…
AlterEvo Ltd.
1. Transform BlockChain into an Asset
Identity Card
2. Split BlockChains
3. Monetize Assets
4. Motivate Good Asset Management
The Future…
AlterEvo Ltd.
Our Vision:
BlockChain gives value to your assets
BlockChain for Asset Data Management
Jorge Asiain, CEng MIMechE
jorge.asiain@alterevo.es
AlterEvo Ltd.
20-22 Wenlock Road
N1 7GU
London
www.alterevo.es

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BlockChain for Asset Management - IAM Conference

  • 1. BlockChain for Asset Management Jorge Asiain, CEng MIMechE AlterEvo Ltd.
  • 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
  • 7. AlterEvo Ltd. BlockChain is a… correct verifiable immutable … record of every operations. BlockChain Briefly
  • 9. AlterEvo Ltd. Smart contracts Check of origin Decentralized internet of things Proof of evidences BlockChain Real Applications
  • 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
  • 11. AlterEvo Ltd. ISO 55001 Asset Management Acquisition Operations Maintenance Renovation
  • 12. AlterEvo Ltd. Logistics Warranties Obsolescence Second- hand Sales Risks ISO 55001 Asset Management Feasibility and Concept Selection Front-end Engineering Design Detailed Design Leasing Property
  • 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
  • 26. AlterEvo Ltd. 1. Transform BlockChain into an Asset Identity Card The Future…
  • 27. AlterEvo Ltd. 1. Transform BlockChain into an Asset Identity Card 2. Split BlockChains The Future…
  • 28. AlterEvo Ltd. 1. Transform BlockChain into an Asset Identity Card 2. Split BlockChains 3. Monetize Assets The Future…
  • 29. AlterEvo Ltd. 1. Transform BlockChain into an Asset Identity Card 2. Split BlockChains 3. Monetize Assets 4. Motivate Good Asset Management The Future…
  • 30. AlterEvo Ltd. Our Vision: BlockChain gives value to your assets BlockChain for Asset Data Management
  • 31. Jorge Asiain, CEng MIMechE jorge.asiain@alterevo.es AlterEvo Ltd. 20-22 Wenlock Road N1 7GU London www.alterevo.es