Blockchain Application

Development 101
Glenn Jones, COO
& Ken Staker, VP Product Management
Sweetbridge
 What is Blockchain?
 Distributed Ledger Technology (DLT) supporting P2P
trading
 Consensus is required to commit transactions in blocks
 Different consensus models (PBFT, PoW, PoS, DPoS)
What are Blockchains Good
For?
 Immutably storing the digital representation of
entities (e.g. Bitcoin) as their state changes via
transactions
 Cryptocurrencies/Store of value - What is my account balance?
 Digital Identity - Who are you and how have you changed over
time?
 Digital representation of a vehicle/Tokenization – Who owned
this car over time?
 Tracking provenance of food or drugs – What country & postal
code did this chicken come from
 Blockchains are not good for:
 Executing AI Algorithms
 Executing Complex planning and scheduling algorithms
 Real-Time Control
Evolution of Blockchain
Technology
 1 generation: Store and transfer of value (e.g.
st

Bitcoin, Ripple, Dash)

 2nd generation: Programmable via smart contracts
(E.g. Ethereum)
 3rd
generation: Enterprise blockchains (E.g.
Hyperledger, R3 Corda & Ethereum Quorum)
 Next gen: Highly scalable with high concurrency
(E.g. RChain)
Permissionless vs. Permissioned
 Permissionless/Public
 Decentralized Trustless Blockchains – Anyone can process
blocks
 Consensus typically reached via PBFT or Proof of Work
 Miners compensated for validation
 E.g. Ethereum, Bitcoin, Dash & Ripple
 Permissioned/Federated
 Trusted: - All processors of blocks are known
 Less processing required for consensus hence faster
 E.g. Hyperledger, R3 Corda & Ethereum Quorum
Developing on Ethereum
Ethereum Dapp
Architecture Web UI
[React/JS]

Web3js

JSON/HTTP

Etherum Node (e.g. Infura)

(geth, parity, cpp or pyethapp)

Ethereum
World Smart
Smart
Computer Contracts
Smart
Contracts
Contracts

Consensus
Via PoW
Ethereum SaaS Architecture
User Interface

[Mobile/React/JS]
Web3j(s)

JSON/HTTP

JSON/HTTP

Etherum Node (e.g. Infura)

(geth, parity, cpp or pyethapp) NodeJS

Web3js
NodeJS

Web3js
Docker/Lambda
Docker/Lambda

Ethereum
World Smart
Smart
Computer Contracts
Smart
Contracts
Contracts Java/Go

Web3j
Docker/Lambda
Persistent Store
Consensus
Via PoW
Cloud Hosting
Smart Contracts
 Execute on the Ethereum Virtual Machine (EVM)
 Languages:
 Solidity: most popular, Turing complete, similar to JavaScript
 Serpent
Smart Contract Deployment
Ethereum Challenges
 Security
 Transaction Latency and Cost
 Integer Programming
 Testing
Ethereum Tools
 Truffle – Solidity Development
 DappHub – Solidity and Byte Code development
 Web3.js & Web3j – Ethereum Client Libraries

 Ethereum Development Tutorial

Developing on Hyperledger
Hyperledger Objectives
 Enterprise Scalability
 Private Transactions - Confidential Contracts
 Maintain Security
 Modular Architecture - Plug and Play Components
 Membership Service
 Ordering Service
 State Database
Hyperledger Design

 Assets
 Members
 Transactions
 Events
 Hyperledger Architecture

Fabric [Apple] Fabric

Endorser Chaincod State DB Trans

e Couch Chain

Chaincode editor
Consenter
Fabric Fabric
[Seagate] [WD]

Chaincod State DB Trans

Committer e Couch Chain
Chaincod State DB
e Couch
Trans
Chain
 Cello Hyperledger Tools
Network Setup

DevOps UI

Network Teardown
Composer
Composer
JSON Data Model Software Development Kit
Node.js Python
JS Chaincode
Java Go
JSON Role-based
ACL
ID Registry
Fabric [Apple] Fabric

Chaincod State DB Trans

e Couch Chain

Quilt (benchmark
performance)
Fabric Fabric
[Seagate] [WD]
Explorer (interactive gui)
Chaincod State DB Trans Chaincod State DB Trans
e Couch Chain e Couch Chain

Caliper (ledger
interoperability)
Skills & Process
Key Skills
 Software/Solution Architect
 Responsible for selecting technologies and defining
responsibilities for each module: User Interface/Mobile App,
Server & Database (including blockchain)
 Must have a good understanding of the objectives of using a
blockchain technology and blockchain limitations
 Blockchain Data Modeler
 Responsible for blockchain data modeling and smart contract
design
 Similar to a relational or no-SQL database modeler, must have
experience developing solutions on the target blockchain
Public Blockchains: Code is Open
Source
 Transparency: The spirit of the blockchain
 Smart contracts are open source, develop with this in mind
 Achieving Quality: Guarding against theft
 3rd party code audits complement traditional penetration testing
 Bug Bounties
Partnering with the best
blockchain projects, supply
chain technologies, delivery
partners and coalitions across
industries so everyone
prospers.
 A better way to a new economy.

Who are we?

Alliance Financial Assets
Build and fund projects Self-banking for the new economy

Protocols Supply Chain

Liquidity, assets and talent Orchestrate a liquid supply chain
Questions?
info@sweetbridge.com
@sweetbridgeinc
t.me/sweetbridge
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 Proud moment…

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 Next Webinar

Deep Learning / Machine Learning

Wednesday, April 25, 2018 at 10am CT

presenter:

Vinayak Joglekar
CTO & Co-Founder, Synerzip

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