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
 1st generation: Store and transfer of value (e.g. 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
Docker/Lambda

Web3js
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 Chaincode State DB Trans

Couch Chain

Chaincode editor
Consenter
Fabric Fabric
[Seagate] [WD]

Committer Chaincode State DB

Couch
Trans
Chain
Chaincode State DB
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

Chaincode State DB Trans

Couch Chain

Quilt (benchmark
performance)
Fabric Fabric
[Seagate] [WD]
Explorer (interactive gui) Chaincode State DB Trans Chaincode State DB Trans
Couch Chain 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?
[email protected]
@sweetbridgeinc
t.me/sweetbridge
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