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Blockchain

EEA Virtual Event

In the middle of the COVID-19 pandemic the EEA events are not happening physically in New York City, that is why today it took place the First Ever Virtual Event.

It was a half-day event to explore blockchain applications, technical insights, reference architectures, and practical business use cases. Our teams connected remotely from New York, Buenos Aires and Montevideo.

The content of the event covered everything from the state of Ethereum in the enterprise to the growing use of the Ethereum Mainnet for business process automation.

The topics included among others:

  • The State of Enterprise Ethereum Adoption
  • Use Cases Built on Ethereum Mainnet
  • Baseline Protocol
  • Ethereum Adoption Tracks
  • The Enterprise Blockchain Technology Stack and Roadmap
  • Ethereum in Finance
  • Community: Through the Lens of the Ethereum Foundation
  • Blockchain for Social Impact

Speakers from many global companies included Banco Santander, BP, EY, Microsoft, JP Morgan, Ethereum Foundation, ConsenSys, Chainlink, Unibright, Fnality, Envision Blockchain Solutions, PegaSys, Provide Technologies and LimeChain.

The networking platform worked very well and we had the opportunity to interact and meet colleagues in the community.


ZirconTech team has been working for several years with the Ethereum platform, and has been keeping up to date with enterprise customer demands by developing competencies and implementing projects in Quorum and Hyperledger Besu.

Quorum is a platform developed by J.P. Morgan through its Blockchain Center of Excellence, leading efforts for Distributed Ledger Technology applications. It is an enterprise blockchain platform, a fork of the public Ethereum client ‘geth’ with several protocol level enhancements to support business needs. The primary purpose of the Quorum project was to develop an enterprise Ethereum client which empowers businesses to embrace and benefit from blockchain technology.

Hyperledger Besu is an open-source Ethereum client developed under the Apache 2.0 license and written in Java. It runs on the Ethereum public network, private networks, and test networks such as Rinkeby, Ropsten, and Görli. Besu implements Proof of Work (Ethash) and Proof of Authority (IBFT 2.0 and Clique) consensus mechanisms.

The welcome of the event to the state of Enterprise Ethereum Adoption was from John Whelan, (Banco Santander) and Yorke Rhodes III (Microsoft). John highlighted the 5th birthday of Ethereum Mainnet as the day of the event. He is the Chairman of the board of EEA, and te Managing Director of Digital Investment Innovation at Banco Santander.

Maria Concepcion (Coty) de Monteverde, from Banco Santander spoke about Finance applications, the Digital Bonds issuance on the Ethereum Mainnet. She is the Blockchain Center of Excellence Director in Santander, and is a Board Member at the Alastria Blockchain Ecosystem.

More finance applications with Ethereuem came from Christine Moy (J.P. Morgan), Artem Korenyuk (DTCC); Valerie Dahiya (Perkins Coie LLP) and Adam Clarke (Fnality).

Vanessa Grellet from ConsenSys addressed the topic of Blockchain for Social Impact, talking about Payments and Financial Inclusion.

Earlier on July 8th, the Enterprise Ethereum Alliance announced the appointment of Dr. Daniel Burnett as Executive Director, who was instrumental in the rollout of the Baseline Protocol, and is a former PegaSys Blockchain Standards Architect. During the event, EEA Chairman John Whelan hosted a fireside chat with Daniel “Dan” Burnett. Dan will serve as a catalyst for the EEA’s growth by identifying ways to accelerate the pace of Ethereum innovation and adoption.


This month was also published some key ecosystem results like the Ethereum Mainnet Use Case Analysis v1. The EEA published the first analysis in a series of reports focused on the current state of the Ethereum ecosystem and utilization of the Ethereum public blockchain (Mainnet) –

2020 has been a year of remarkable enterprise Ethereum advances from the Baseline Protocol to enterprise Mainnet use cases in automation, business integration, finance, supply chain, and sustainability-focused carbon accounting efforts”. Daniel Norkin at Envision Blockchain and Tas Dienes at the Ethereum Foundation worked in tha analysis. The insights play a key role to Ethereum adoption and utilization. Stefan Schmidt at Unibright, Mark Caraway at BlockApps, and John Wolpert at ConsenSys also provided valuable contributions to this report.

Global Share EdoxOnline Blockchain Electronic Bill of Lading eBL grain exports Argentina Chile

In the midst of the complications that the coronavirus presents for the trade of products linked to agriculture, Argentine developments facilitates the electronic transmission of documents through the digitization of processes represent a great advantage, and are already being used by firms like Cargill, Bunge and Dreyfus. In COVID-19 times, this application aims to avoid obstacles to the agricultural trade.

Global Share is a company dedicated to the continuous improvement of business processes, providing innovative solutions to companies to add up value and competitive advantage by improving their processes productivity. One year ago, Global Share announced a major milestone in EdoxOnline history, the brand new development for the preparation, issuance, signing, transmission, negotiation and presentation of the electronic Bill of Lading (e-BL). ZirconTech has been a key partner implementing blockchain technology in the solution architecture in 2018-2019.


The synergy between state of art technology and professional experience in supply chains, logistics and commercial networks, allows Global Share to offer a spectrum of tools and optimization solutions to improve processes. One year ago (on April 2019) Global Share announced the incorporation of blockchain technology to the e-BL platform to position EdoxOnline (www.edoxonline.com) to the top podium category of companies providing such functionality running within full and extreme security capabilities.

Global Share therefore confirmed its leadership in the agribusiness industry, and has been determined to reach out to the horizon stated in its Vision by adding innovative solutions that help customers receive important benefits as a result of the streamlined processes that these innovations produce.

“The unloading of bulk carriers in China -one of the three largest trading partners of Argentina along with Brazil and the United States- requires the presentation of documentation by the importer, particularly the Bill of Lading (BL), to the carrier and local customs. In the international trade industry to achieve the authorization of the unloading -in the vast majority of cases-, you must send the documents via courier from the exporting country to the destination country, where the importer files to claim ownership of the cargo, either bulk commodities or containerized products”, says a report by Global Share.

Then it notes that the coronavirus “makes visible the problem of delivering paper documents in a complex and global supply chain” and highlights that “the absence of documents is causing significant congestion in the main ports of the Asian giant, and consequently generating logistics costs for delays”. According to the report, the penalty for delay in unloading large ships averages $ 30,000 a day.

“While it is unfortunate that these situations have to bring to light the benefits of electronic document transmission, we hope that the industry as a whole will continue to adopt digital processes to facilitate global trading” said Alejandro Pernias, CEO of Global Share. .

EdoxOnline reportedly recently released the first ever electronic bill of lading with blockchain technology. “It allows a Chinese importer, or any country in the world, to present the necessary documentation to release their cargo in front of the carrier and customs authorities,” he said.

The blockchain based Bill of Lading (e-BL)

Solutions such as the electronic Bill of Lading (e-BL), electronic Phytosanitary Certificate (e-Phyto) and electronic Origin Certificate (e-OC) have been embracing the International Trade of Commodities, thus helping all trading companies go paperless, as they also streamline the whole shipping documents issuance process. On June 11th 2019, the IG (Group of Protection & Indemnity insurance Clubs) approved Global Share S.A. EdoxOnline platform. The legal frameworks for this new generation of e-BL providers’ systems were scrutinized by the IG to ensure that e-BLs created on them are capable of performing the three functions of a bill of lading, namely as a receipt, a document of title and a contract of carriage. Liabilities arising in respect of the carriage of cargo under e-BLs created on these systems are now covered by the IG Clubs as if the bills of lading had been issued in traditional paper form.

The key difference with this second generation e-BL systems is their reliance on blockchain technology.  Unlike three years ago, blockchain is today no longer just a buzzword but has many real applications. A blockchain may be a public or a private digital network used for recording transactional events in encrypted form, storing the same in a distributed ledger (i.e. the computers).  A private blockchain network can feature a level of centralization. Access is limited by a governing body to a number of participants only.  Public blockchain networks however run on thousands of computers and do not have a ‘central administrator’.  It is not possible to shut down, block or limit access to a public blockchain network. EdoxOnline’s product is based on the Ethereum blockchain; the best known public blockchain which also enables the use of smart contracts.  The publicly distributed ledger contains a permanent record of all transactions, providing transparency and enabling auditability of all events. Without a central registry, there is no central point of attack for hackers.

EdoxOnline is the first e-BL system created implementing blockchain technology. The company was set up in 2007 by a group of international trade experts to provide the industry with a collaborative digital platform to streamline the issuance of shipping and commercial documents. On EdoxOnline’s system, all the participants to a trade, from shippers to customs agents, interact in real-time, reliably, efficiently, and in a secure manner.

ZirconTech helped Global Share in the implementation of the solution that tracks the changes in the documentation over time and ensures tamper proof and no possibility of modifying the information of the same. ZirconTech proposed to identify the documents through hashes (SHA256) and then leave the same “notarized” in the Ethereum blockchain using a document ID and the mentioned hash. Each change in the document is registered using the corresponding ID and hash update. For this project a smart contract was developed using Solidity and an API using NodeJS.

How does EdoxOnline work?

From a user interface perspective, this blockchain based system look very similar to first generation eBL providers approved by the IG but the way in which it works differs. The system encrypt and store all the data associated with the eBL, i.e. the parties involved, their status and the transactions, on a blockchain decentralised network each time a new transaction is performed. Users registering to use the system are deemed to have accepted, and thus be bound by, the terms and conditions of these providers’ multilateral agreements.

Significantly, the service provider running the network is not a principal to the transaction and has no access to the users’ information, ensuring privacy for the users. The system otherwise shares the following similarities with first generation eBL providers:

• The system replicates the process flow and roles performed by the paper BL.

• It has a legal framework governing the use of the system. Users agree to treat electronic documentation within the system as the functional and legal equivalent of paper documents, and undertake not to challenge the validity of any transaction or communication made on the ground that the same was made in e-form, instead of in paper form and/or that it is not signed or sealed. The legal framework is a multilateral agreement between all users and between each user and the system provider.

•  The legal framework for edoxOnline comprises of its “e-BL Terms and Conditions”, version 1, dated 18 May 2018, accompanied by its Management User’s Guide. 

• edoxOnline relies on the principle of novation to transfer rights and obligations. The parties contractually agree that there is a novation of the contract of carriage each time the eBL is transferred from one holder to the next. On a transfer, the rights held by the transferor are extinguished. The transferee takes those rights instead and becomes a party to the contract of carriage, allowing him to sue the carrier under the same terms originally agreed between the carrier and the shipper.

• edoxOnline also relies on the principle of attornment to enable the new holder of the eBL to obtain title in the goods. The users agree in advance under the terms and conditions that there will be an attornment each time the eBL is transferred.

•  The system is accessed via apps and users do not need to invest in special hardware.

•   The eBL created on the system can be sent in draft form for approval between the shipper and the carrier, and can also be passed back and forth between holders in this way if, for example, amendments to the document need to be made. Like a paper BL however, there can only be one holder of an eBL at any time. 

•  The system also offers the possibility to create and to transfer other trade documents such as cargo certificates, invoices, packing lists, etc.

•  The system has procedures for switching eBLs to paper BLs at any point in the transactions.

•   The system is regularly tested against all forms of cyber attacks, and the providers have insurance for cyber risks and professional E&O risks.

•   edoxOnline is free for carriers to use.

Global Share was confident that the EdoxOnline electronic Bill of Lading (e-BL) would meet its customers’ expectations and business needs, going paperless and efficient, and has become a reality.

The UK P&I Club is one of the oldest P&I clubs in the world and has released a report highlighting the benefits of EdoxOnline. The UK P&I Club provides Protection and Indemnity insurance in respect of third party liabilities and expenses arising from owning ships or operating ships as principals.  One of the largest mutual marine protection and indemnity organizations it insures over 240 million tonnes of owned and chartered ships from more than fifty countries across the globe. The UK P&I Club gives security with its A (Stable) Standard & Poor’s rating and accessibility with a claims service on hand in 350 ports. 


About Zircon Tech:

A trusted partner that helps organizations thrive in their digital transformations. Mobility, internet of things, artificial intelligence, big data, cloud computing and blockchain technologies.

Contact Information:

E-mail: contact@zircon.tech

Phone: +1 347-571-9089 / +54 911-5755-4198

Twitter: @zircon_tech

Web: www.zircon.tech

Buenos Aires, Argentina

Montevideo, Uruguay

New York, United States

Santiago, Chile

References and sources:

Global Share announces the launch of Electronic Bill of Lading under Blockchain technology

Zircon Tech helps Global Share to launch Electronic Bill of Ladings using blockchain technology

Argentina: ZirconTech encourages the use of blockchain technology for electronic shipping invoices

https://es.cointelegraph.com/news/argentina-zircon-tech-promotes-the-use-of-blockchain-technology-for-electronic-shipment-invoices

Coronavirus: local development aims to avoid obstacles to the agricultural trade

https://www.lanacion.com.ar/economia/campo/coronavirus-desarrollo-local-apunta-evitar-trabas-comercio-nid2336613

Electronic Bills of Lading – An Update Part I

https://www.ukpandi.com/knowledge-publications/publications/article/electronic-bills-of-lading-an-update-part-i-151842/

Cloud businiess cases involving blockchain technologies

Working in blockchain projects not only means working in the blockchain technology itself. Any initiative involving blockchain technology needs to take care of the mobile, front end and back-office systems, as well as the cloud environments. ZirconTech also helps companies in all these aspects by providing an integrated and seamless service. As a custom software development company ZirconTech builds custom software solutions, mobile apps, CRM integrations, operating systems & more.

ZirconTech has leveraged its cloud computing and scalable systems capabilities in several blockchain projects.


Digital commodity trading platform with an integrated supply chain solution

ZirconTech delved into the agribusiness sector helping a company that evolved piloting trading platforms and completed trades with Thailand, India, Pakistan, Nigeria, Cambodia, Switzerland and England, bringing the transparency needed to the supply chain process. This greater level of transparency allows insurance partners to better assess, control risk and to give users access to first-class insurance coverage.

ZirconTech was involved in this blockchain platform that automates and simplifies the complexity of some commodities trading, increasing security, transparency, efficiency, traceability and trust with verifiable, immutable data. Implemented with Hyperledger Fabric blockchain technology, it helped to create an enterprise-standard, automated platform for removal of friction in the commodities supply chain, lowering risk and cost for traders, insurers, shippers and other stakeholders.

From the cloud perspective, ZirconTech engineers worked in visionary cloud management using the most recently available services. We worked in a proof of concept with Amazon AWS blockchain services: Amazon Managed Blockchain and KMS (Key Management Service).

There were involved infrastructures from different companies: each company provided its own services and they had to communicate with trust. Microsoft Azure platforms had to be migrated to AWS. The goal was to create a flexible platform and enable new participants to add new servers quickly and easily.

AWS stack in this project included Elastic Beanstalk, EC2, S3 and Cloudwatch. Additionally, we used Docker and Kubernetes to scale up nodes.

ZirconTech partnered with a company in Los Angeles (California) to help the commodity exchange based in Zug (Switzerland) and Singapore.


Digital platform for taking donations and sharing information with donors

ZirconTech has been working in a US based bitcoin platform offering unprecedented transparency in the donation process, giving donors the ability to transfer, track, and provide a permanent record of the route of global financial transactions from inception to endpoint.

The platform works in AWS and has interesting functionalities connecting with the blockchains, with a DevOps management in the orchestration process of production releases using several tools and continuous integration. It works in AWS based in EC2 (Elastic Compute), with autoscaling, Nginx and a Jenkins continuous integration pipeline. It also uses other AWS services such as S3 (Simple Storage Service), Cloudfront, RDS (Relational Database Service), Elasticache and VPC (Virtual Private Cloud).


CRM platform for artists

ZirconTech team is working in a mobile application for artists which is used as CRM and to build a website to share their work and social networks. 0The backend is built with AWS services, Elastic Beanstalk, EC2, CodePipeline, CodeBuild, S3, DynamoDB and VPC (Virtual Private Cloud). Terraform is used to orchestrate the architecture.

Continuous integration is also used in this project.

Cloud services adoption strategy and application transformation

Working with Cloud platforms for many years, we have developed the expertise and framework to deliver consultancy services for cloud adoption strategy, application transformation, and support. We have experience with Amazon Web Services, Microsoft Azure, Google Cloud, IBM Cloud and OpenStack (including, IaaS, Containers, Serverless technologies among others).


Scalable platforms have become increasingly important in today’s digitally connected world.  To enable digital products through a robust architecture we apply our best practices and patterns in the designing of backend ecosystems which allow us to enable businesses to accelerate in an agile way. We have a wide array of experience in providing backend solutions that support scalability, security, availability, performance, quality and high adaptability to internal and external integrations.

Gartner has identified several business objectives driving platform trends in 2020:

– Business success demands continuous real-time intelligence

– Technology innovation demands excellence in cloud-centric computing

– Business innovation demands a new level of business-IT collaboration

And Gartner’s key trends in PaaS (Platform-as-a-Service) and platform innovation could be seen in the following chart:

ZirconTech is following all these trends to help companies to get aligned with current and future business and technology scenarios.

Consultancy services for cloud adoption strategy

Digital transformation initiatives include cloud projects that can be very complex, and there are multiple scenarios from small to extremely large. ZirconTech can help companies to understand where they are to create a roadmap for an increasing cloud adoption path. Clouds could be hybrid, involve multiple vendor, be private or public, and we can help companies to understand the best fit scenario considering the starting point, the organization culture and economic reality.

Our goal is to deliver a customized solution using cloud and digital transformation technologies to maximize the organizations potential and bring a concrete impact on the business. ZirconTech will always bring customization to meet the demands of the customers’ business and unique needs.

Strategy and roadmap definition in digital transformation initiatives

– Current state assessment (AS-IS), technology and business needs

– Design a framework model to minimize disruption in the current scenario and accelerate the adoption of the new technology landscape

– Create a business and technology roadmap having in mind the impact and ROI (return on investment)

– Integrate the framework model and the cloud strategy with current enterprise technology initiatives and general information technology strategies.

Implementation and management

Multiple scenarios could be addressed. From data center migrations, application transformation for a cloud-first organization approaches, to developing new applications in the cloud.

ZirconTech helps companies to build a reliable technology baseline for business growth and innovation, including sound capabilities in agile methodologies and DevOps delivering with minimal.

Cloud Strategy

There’s no cloud strategy without considering current economic scenario and business goals. It is important to identify key challenges and come with a right solution. The process will address problems and opportunities very specific to customers organizations. Strategy implementation must consider company reality and create a tailored roadmap of continuous digital transformation.

Cloud technology assessment and business needs

Assessment of the current state of the technology landscape and accelerate cloud adoption initiatives.

Best practices for cloud adoption acceleration. It is very important to understand the company reality and potential impact in the organization and the financial requirements. Lots of organizations are already going through cloud usage, many have tested advanced concepts in pilot applications or services but have not thrived to scale organization wide and converted into repeatable processes.

One view could be looking at Gartner’s cloud-native platform experience chart.

ZirconTech can check current organization’s processes, identify the technology infrastructure and applications landscape scenarios, considering key aspects to prepare for an increased cloud migration or new implementations. From the current state (AS-IS), we will identify important gaps, and create a future scenario (TO-BE) with a roadmap including specific initiatives, actions and tasks to address the transformation.

Creating a business case for cloud initiatives

The goal is to accelerate the adoption of a new technology landscape while designing a framework model to minimize disruption in the current scenario.

The current scenario (AS-IS) and future landscape (TO-BE) will have important financial implications. Creating a right business case is very important because we need to consider not only cost savings around physical infrastructure and its migration to the cloud, which includes software licensing, release of physical assets and real estate infrastructure. There are short term changes but also we need to look at the future considering all the additional capabilities and gains that could be achieved with new models of operations, accelerated time to market, innovation, customer retention and acquisition, etc.

Gartner’s view of Business-IT Continuum:

Operations models in cloud environments

Increased cloud adoption environments require teams with automated processes enabled by DevOps and clear policies and responsibilities across involved teams. Creating pilots in specific environments with key employees to expose to a new operation culture, understand what works fine and what doesn’t bring advantage is a proven success path. After those initiatives we can work with the company to define a customized operating model that fits better and a roadmap for further implementation.

In the digital transformation process when organizations increase the cloud adoption we need to consider the scenarios where different groups manage to adopt new technologies and handle the legacy technologies and processes. We need to consider these challenges in the plan and work together with an agile mechanism to have a successful adoption.

Gartner’s integrated low-code suite vision:

Creating a cloud adoption roadmap

The business and technology roadmap must have in mind the impact and ROI (return on investment). The implementation activities will get from the current scenario through possible steps.

In this step it will be considered the best cloud technology models for your company, including the options of public, private, multi cloud, or hybrid, and what are the most suitable vendors. A detailed implementation plan will follow addressing topics like governance, security and risk management whenever needed.

We can help with proof of concepts and pilots to evaluate cloud technologies, applications and vendors, in order to take the best and effective strategic paths.

Yefim Natis, Distinguished VP Analyst at Gartner recommends several aspects in 2020 that we consider in our projects:

– Fund diversity of platform technologies to be ready for the key trends in IT early, by avoiding exclusive long-term commitments to any platform solutions

– Break boundaries between central IT and business units to deliver continuous business innovation, by prioritizing democratized technologies and establishing business-IT communities and practices.

– Take a decisive position on cloud computing to eliminate confusion and conflict in tactical technology decisions, by creating a clear and concise cloud strategy statement

– Take manageable risks with leading edge technologies and unfamiliar architectures to achieve continuous intelligence for your business, by using event processing, augmented analytics, AI/ML and real-time decision automation.

ZirconTech Continues Expansion in North America While Taking a Leading Role in Blockchain Initiatives in Latin America

ZirconTech expands its presence in Latin America with new projects in Argentina, Chile, Colombia and Uruguay and strengthens activities in North America, with emphasis on the Los Angeles, New York and San Francisco tech communities.


Here is a more in-depth overview of the work our team has spearheaded across the globe: 

Chile

ZirconTech started Q1 2019 with increased traction in Latin America after participating in the December 2018 Labitconf in Santiago de Chile. The team joined its client,  Koibanx, and nonprofit partner, BitGive headed by Connie Gallippi. During the conference, BitGive launched its donation platform for non-profit organizations.

In Chile, ZirconTech is developing partnerships with a variety of aiming to address local needs and bring innovative solutions to the banking, financial services, insurance, logistics, legal services and telecommunications sectors.

At the end of January 2019 ZirconTech participated in the Latam Blockchain Forum in Santiago de Chile. Attendees included key leaders from regional and global companies taking the lead in digital transformation through blockchain technology as well as government leaders seeking to foster blockchain innovation in Latin America. Our CTO, Alejandro Narancio presented before a crowd of over one hundred attendees on how to incorporate blockchain technology into the development of smart cities. One of our CTO’s main points was, “In smart cities many systems must be harmoniously integrated and if one system must adapt to assume a new reality, the rest must adapt to these changes automatically.”. This forum addressed the potential that blockchain provides and how it can be applied in different industries.  At ZirconTech we are committed to the fact that transparency, traceability, immutability, decentralized agreements all through blockchain technology are key to bringing about needed reform to the global financial system.

Our CTO was also recently covered by Decentralizados , a Chilean digital media covering blockchain initiatives. The Decentralizados team discussed our CTO’s work with an understanding of blockchain technology, the Internet of Things, and Smart City Technology in detail with ZirconTech.

ZirconTech additionally conducted blockchain awareness sessions at local banks to demonstrate how this innovative  technology can be applied in the financial sector. One key area of focus the team address was blockchain applications that can be used by financial institutions to enhance the KYC (Know Your Customer) process.

ZirconTech has been developing partnerships with innovative blockchain companies in Chile who are thriving interesting solutions like Paradigma CrossCheck. The team is working to map this solution to regional use cases for the creation of distributed applications. This tool can coexist with traditional centralized applications, helping individuals and small businesses to grow independently in a decentralized economy. This platform integrates Bitcoin technology with Smart Contracts, IoT Devices and the Blockstack platform in one application (Dapp) CrossCheck which makes market access secure, agile and available to everyone.

The ZirconTech team has also focused on leveraging digital contracts for professional services in the payment process. The team has discussed the incorporation of digital contracts into the payment process with financial services institutions and startups. A key theme discussed is how to leverage existing technology and what would be needed to facilitate advancement in the future.

Overall, Chile is a hot market for blockchain technology. Key Chilean technologists and economists have narrowed in on the benefits of this emerging technology. Well known Economists Aldo Lema and Kenneth Rogoff from Harvard University, and Beltrán de Ramón of the Central Bank of Chile have recently made statements on Blockchain Technology. Kenneth Rogoff stated, “Governments cannot tolerate Bitcoin or Libra, unless all transactions are transparent.”. Beltrán de Ramón said that “cryptoactives resemble money, but they are not; they will be regulated by the central banks and their designs will be very different from Bitcoin.”. Additionally, the Governor of the Central Bank of Chile Mr. Mario Marcel discussed policy initiatives related to digital currencies. Companies are seeing the opportunity to take advantage of this rise in open source technologies and smartphone penetration in Chile.


ZirconTech Partners with Monax to Help Incorporate Blockchain Technology Into the Legal Sector 

ZirconTech also formed a partnership with UK based Monax, aiming to incorporate blockchain technology into the legal sector.As a result of this partnership, ZirconTech has been able to showcase how digital contracting is facilitated with Monax platform and the Agreements Network . Lawyers don’t need to learn programming languages like Solidity to run smart contracts. With Monax and its BPM (Business Process Model) tool you can go directly to the business to solve real problems. We are finding that the running of simple professional services agreements through smart contracts is becoming a leading use case for blockchain technology. 


ZirconTech Partners with Global Share to Implement Blockchain Technology in Electronic Bill of Lading Process 

The ZirconTech Team has explored ways to implement blockchain technology in foreign trade. We most recently partnered with Global Share, a company dedicated to the continuous improvement of business processes, providing innovative solutions to companies to improve processes productivity. In April 2019, the company announced a major milestone in Global Share/edoxOnline history: the brand new development for the preparation, issuance, signing, transmission, negotiation and presentation of the electronic Bill of Lading (e-BL). ZirconTech has been a key partner implementing blockchain technology in the solution architecture of e-BL.


ZirconTech Collaborates with IBM to Implement Hyperledger Technology 

ZirconTech continues to collaborate with IBM through leveraging and implementing the hyperledger framework for projects in Argentina, Chile, and Uruguay. With the development of the Tradelens platform through the Maersk and IBM partnership, ZirconTech has further resources to enable companies in the logistics ecosystem to leverage blockchain technology. 


ZirconTech’s Developments in the United States

In May 2019, our team attended the Consensus conference in New York City, North America and Europe. In 2017, our team presented a Hyperledger based insurance product at the conference:

For close to three years we have partnered with teams in the Los Angeles area to support up and coming projects. One of our recent partnerships is in the area of real estate applications where we enable clients to incorporate blockchain technology into the traditional real estate investment process. 

In April 2019 ZirconTech added a Business Development Consultant based in Philadelphia to the team. She is well connected with the US blockchain community. We have also strengthened relationships and discovered new business opportunities in different areas including, Silicon Valley, New York and Chicago. In October 2019, we added a second Business Development Consultant to the team.  She is based in New York.


ZirconTech’s Work in the Agribusiness Sector 

ZirconTech delved into the agribusiness sector. One of our clients in the agribusiness sector evolved piloting trading platforms, and completed trades with Thailand, India, Pakistan, Nigeria, Cambodia, Switzerland and England. brings the transparency needed to the supply chain process. This greater level of transparency allows insurance partners to better assess and control risk to give users access to first class insurance coverage.


ZirconTech’s Work in the Financial Services Sector 

In the Financial Services sector we have been a partner of R3 for over two years. Through this partnership, our team members have become Corda R3 Certified Developers. This is a relationship that started in New York and now has expanded to Latin America as R3 grows in the region. This year both companies participated in the Latam Blockchain Summit in Santiago de Chile. We have participated in several activities including New York like CordaU.com launch.


Argentina

ZirconTech has had roots in Argentina since the very beginning. We continue to maintain connections with the local community, participate in workshops and meetups, and looking for opportunities to assist projects in the country. We have had the privilege of participating in Uruguay business development activities in Argentina, representing the Information Technology sector, like Uruguay XXI and the Uruguayan Embassy in Argentina. We “Business Opportunities in Uruguay” meeting at the residence of the Uruguayan Ambassador in Argentina. During the meeting we were able to highlight the advantages of doing business with and in Uruguay.

Argentina is a hot spot for digital contracting. ZirconTech has been advising lawyers about the advantages of working with technologies like Monax. In this way there are several interesting cases being developed with innovative legal offices particularly in intellectual property management. Our some of our clients such as, Global Share, Koibanx and Bitgive, have carried out work in Argentina.

In July we participated in MITAGDS (Made in the Americas 2019, Global Digital Services Summit), organized by the Interamerican Development Bank under the Outsource2LAC program. We had the opportunity to interact with the Latin American community about the applications of blockchain technology in different industries. This has been a key milestone for further developments in the region. ZirconTech was one of the leading companies in Latin America participating in the event. Again, blockchain in supply chains was a hot topic, with discussions on the  transformation public and private sectors can undergo to enable decentralization and transparency.. Blockchain technology can truly increase the efficiency and transparency of supply chains and the logistics industry, positively impacting everything from warehousing to delivery to payment. We discussed these topics with IADB, Gartner and companies from Argentina, Barbados, Chile, Colombia. Mexico, United States and Canada.


Colombia

In Colombia, ZirconTech has developed partnerships in the financial services industries that helped to develop ground activities in cities including, Bogota, Medellin and Cali. Our team has presented financial services and legal tech solutions to several companies from the banking and legal sectors, and outsourcing service sector. The Blockchain Centre Colombia is taking off.


Uruguay

At home in Uruguay, the ZirconTech team continues to be involved at a local level in the Bitcoin and blockchain technology community. In May we took part in Montevideo’s Bitcoinday. This event aimed to educate the general public, on the basic concepts of cryptocurrencies, to specific information about the sale, investment, business uses and benefits for entrepreneurs and companies that want to leverage cryptocurrency. ZirconTech also took part in  Campus Zonamérica’s (Jacksonville)  series of Workshops for developers, and others for business professionals to enter the world of smart contracts and the application of blockchain for business, logistics and regulations. Other participating companies included Infuy, RSK, Keoken, dexFreight, Bitex.la, and Koibanx. This event opened new opportunities for ZirconTech in emerging blockchain applications in Uruguay, particularly logistics, foreign trade and traceability of products and digital contracts. Alejandro Narancio led a workshop on how to develop Smart Contracts on RSK, an area that he has been working extensively on this year. An area Alejandro has specifically worked on isRif Os. We discussed this work on a panel in the Montevideo Fintech Forum, back in June.

Our work in the legal sector is taking off as well. ZirconTech has pioneered the use of Monax technology live with “quick agreements” functionalities to launch labor and service contracts with his collaborators. This technology is expanding. We are specifically working with a local legal group to enhance the process for  contracting labor and professional services, including automatic payments mechanisms. This is a joint partnership with the Monax team. 


ZirconTech Enables Blockchain Technology Integration Into the Real Estate Sector

We are getting further involved in the real estate sector. We are leveraging our partnership with Monax to address key aspects of the real estate industry. As Monax CEO Casey Kuhlman states, “blockchain has the ability to take the real estate investment sequence and tokenize it. This can create partial ownership and increase liquidity significantly. Blockchain can also open up real estate investment trusts (REITs) to a new series of investors”.

Typically, real estate is an asset class that requires significant capital and is dominated by high-net-worth individuals. Tokenization allows for the reduction in the amount of capital any one individual would need, meaning more people would have the opportunity to invest. This would help diversify portfolios. It would also offer more liquidity in the ecosystem and the opportunity to move assets around more easily”


Zircon’s Work in the Traceability and Provenance of Goods.

Early on ZirconTech delved into improving the traceability of goods and transactions. We are continuing to do work to improve the traceability and provenance of goods through implementing blockchain technology. 

Since 2016, when we first participated in the f Consensus Conference in New York, we have taken a close look at the  Everledger project’s work on the traceability of diamonds. As the Everledger project has matured, we have looked at ways to  implement this technology in Latin America. All framework and process developed by Everledger are available for use in matching use cases.

We have taken on more advanced cases aimed at incorporating the internet of things on a large scale. Since 2017 we have been in contact with the Crypto Valley community in Switzerland. We participated in the Blockchain Competition organized by Lakeside Partners AG with our insurance product. We demonstrated a  Solidity mock up of cases for the dairy industry. Through this demo we were able to assist the Ambrosus team with solutions for decentralized IoT networks for the Next-Generation Supply Chains. These complex solutions are available for the right use cases for a variety of industries.  Ambrosus has recently begun developing a new suite of solutions focused on dairy products in both Europe and South-East Asia, to enable individuals to understand where their dairy products originate.

We have also found that simple use cases can be addressed with the SUKU World platform, which aims to be the universal symbol of truth for consumers and brands, making commerce more transparent and efficient through the power of blockchain technology. We are evaluating how to  this technology specifically for the agribusiness sector in Argentina, Chile and Peru.

With an increasing number of blockchain related platforms available, we see that we can quickly enable businesses to transform their services through digital transformation. , We believe it is faster and cheaper to reuse what is already developed, talk about real use cases and go to production when there’s value. In most cases there’s no need to reinvent the wheel.


At ZirconTech, we are a group of blockchain consultants who aim to help organizations identify the potential of blockchain technology. Leveraging a market research, ZirconTech provides feasibility analysis for initiatives, analysis of relevant blockchain platforms and tools for a variety of  business cases. From conceptualization to design and development, ZirconTech can build enterprise applications to help companies to accelerate time to market and maximize return on the investment.

Global Share is a company dedicated to the continuous improvement of business processes, providing innovative solutions to companies to add up value and competitive advantage by improving their processes productivity. This week announced a major milestone in Global Share/edoxOnline history, the brand new development for the preparation, issuance, signing, transmission, negotiation and presentation of the electronic Bill of Lading (e-BL). Zircon Tech has been a key partner implementing blockchain technology in the solution architecture.


The synergy between state of art technology and professional experience in supply chains, logistics and commercial networks, allows Global Share to offer a spectrum of tools and optimization solutions to improve processes.This week announced the incorporation of blockchain technology to the e-BL platform to position edoxOnline to the top podium category of companies providing such functionality running within full and extreme security capabilities.

Global Share therefore confirms its leadership in the agribusiness industry, and it is determined to reach out to the horizon stated in its Vision by adding innovative solutions that help customers receive important benefits as a result of the streamlined processes that these innovations produce.

Solutions such as the electronic Bill of Lading (e-BL), electronic Phytosanitary Certificate (e-Phyto) and electronic Origin Certificate (e-OC) are currently embracing the International Trade of Commodities, thus helping all trading companies go paperless, as they also streamline the whole shipping documents issuance process.

Zircon Tech helped Global Share in the implementation of the solution that tracks the changes in the documentation over time and ensures tamper proof and no possibility of modifying the information of the same. Zircon Tech proposed to identify the documents through hashes (SHA256) and then leave the same “notarized” in the Ethereum blockchain using a document ID and the mentioned hash. Each change in the document is registered using the corresponding ID and hash update. For this project a smart contract was developed using Solidity and an API using Node JS.

Global Share is confident that the edoxOnline electronic Bill of Lading (e-BL) will meet its customers’ expectations and business needs, going paperless and efficient.

Contact Information:

E-mail: contact@zircon.tech P

hone: + 54-911-5755-4198

Twitter: @zircon_tech

Web: www.zircon.tech

Buenos Aires, Argentina

Montevideo, Uruguay

About Zircon Tech:

A trusted partner that helps organizations thrive in their digital transformations. Mobility, internet of things, artificial intelligence, big data, cloud computing and blockchain technologies.

Global Share announces the launch of Electronic Bill of Lading under Blockchain technology

Monax ZirconTech

In April 2018 Monax introduced the Agreements Network, a decentralized contract management system for small businesses. Over the course of the past year, Monax has been engaged in a deep process of defining, refining, and building a public blockchain product and Zircon Tech is pleased to have contributed developing some pieces using Hyperledger Burrow. Now with the launch of the Monax platform, Zircon Tech will work with the legal industry in Latin America to implement practical solutions to address specific business cases.


The Agreements Network is a decentralized contract management platform that uses smart contract technology to create, prove, and operate legal agreements. It’s built to revolutionize the way lawyers, businesses, and consumers transact across the globe. The foundation of The Agreements Network consists of blockchain data assurance, along with smart contract Archetypes and Active Agreements.

Active Agreements combine legal templates with smart contract formation, execution and fulfillment workflows to create more useful legal products, by design. Users running blockchain nodes in The Agreements Network upload legal contracts, documents and instruments along with smart contract workflows to create packages we call Archetypes.

Consumers purchase these Archetypes to produce Active Agreements, individual contracts that automate many of the rights and obligations of parties. Active Agreements are extensible, scalable, computable legal products that operate efficiently, promote better decisions and open new value streams for global markets.

The Agreements Network revamps the outdated processes of the legal industry with a product created to keep pace with a rapidly-evolving networked world. One of the biggest problems the world currently has is that legal instruments and legal services providers are largely unable to provide relevant transactional legal services to their customers. While the problem is mostly hidden, nearly every business interaction between companies – in other words, basically all commercial activity – happens because there’s a legal contract underlying the interaction. However, as commerce continues to evolve there is a growing chasm between the traditional world that pin-stripe-suited lawyers in leather chairs operate in and the real world.

This chasm is in evidence not only between law firms and their business clients, but also between the legal function of a business and the rest of its operations. In this second case, it’s a non-controversial observation that while nearly every back office activity exists as the result of a legal contract, legal itself is the least digitized area of any back office. The advent of smart contract and blockchain technology opens up – for the very first time – a technical basis on which scalable, technically enabled legal products can be built and delivered to the market. And with The Agreements Network, an ecosystem is emerging to provide a strong and stable base on which to build those products. As network-based business models continue to evolve the demand for scalable, relevant legal products will continue to increase. Legal services providers who do not adapt to the changing landscape will find themselves behind extremely quickly due to the pace of technological change.


The Agreements Network Architecture

The Agreements Network’s architecture leverages robust interconnected distributed systems. The Agreements Network is configured to significantly reduce the operational costs to users. By operating a sharded and optimized zone, the Agreements Network is able to interact with Ethereum smart contracts without being exposed to backlogs or attacks in transactional processing within the Ethereum public blockchain.

Hyperledger Burrow is the base blockchain node used for the Agreements Network. The Go programing language is used to build all the necessary tools. This has been an area where the team of Zircon Tech in Latin America has been working with Monax New York team. This work has been mutually exciting, including some portions of ChainCode, and now Zircon Tech is working with Monax legal team in Edinburgh, United Kingdom, to go into actual use cases for customers in Latin America.

Monax started as Eris Industries and Zircon Tech started the conversations in 2015, and continued very good conversations since Consensus 2016 in New York. Since then, Monax has written more than 19.000 lines of Solidity code that now has been made public to build legal solutions as part of the Blackstone initiative, where has been released the first business process engine run entirely via smart contracts. Utilizing the engine, users can build a variety of blockchain-specific products without needing to necessarily write code themselves. Instructions given via a BPMN model enable the reliable orchestration of human resources, on-chain scripts and off-chain legacy systems across companies within an ecosystem. Monax is leveraging this engine as a core component of the Agreements Network, the open blockchain ecosystem for the creation, distribution and operation of legal agreements, which is redefining how legal products and services support the networked economy.

With lot of effort spent coding in Solidity, how hyperledger came into the picture? Hyperleder is an umbrella and particularly Monax has been actively working with Hyperledger Burrow, which is one of the Hyperledger projects hosted by The Linux Foundation. Hyperledger Burrow was originally contributed by Monax and co-sponsored by Intel. Hyperledger Burrow provides a modular blockchain client with a permissioned smart contract interpreter developed to the specification of the Ethereum Virtual Machine (EVM). All the code wrote in Solidity runs in the EVM on Burrow, all the code is reusable.

March 6th, 2018

The second EEA NYC Meetup took place at Fordham University McNally Amphitheatre, 140 West 62nd Street New York. The meeting explored how blockchain technology is being used to increasingly automate legal agreements, issues related to enforceability of smart contracts, machine-to-machine contracting, and whether existing laws like the E-Sign Act, ESRA and UETA are sufficient to address enforceability concerns.

The event was moderated by Vanessa Grellet, Executive Director of Strategy, Enterprise & Social Impact at ConsenSys.

Blockchain technology is useful for more than just simply digital currencies like Ether and Bitcoin. Relying on a blockchain, parties can also deploy autonomous smart contract programs, which can be used to model all or parts of formal legal agreements.

These topics were addressed by Stuart D. Levi, co-head of Skadden’s Intellectual Property and Technology Group; David M. Adlerstein, counsel in the Corporate Department at Wachtell, Lipton, Rosen & Katz; and Andrea Tinianow, Chief Innovation Officer for Global Kompass Strategies.

Andrea Tinianow conceived and was the founding director of the Delaware Blockchain Initiative which gave rise to the “Blockchain Amendments” to Delaware’s General Corporation Law. These amendments expressly authorize corporations to issue and maintain their stock ledgers on a blockchain. Andrea is a member of the global Wharton RegTech think tank. She is also an advisory board member of the Weinberg Center for Corporate Governance at the University of Delaware. In 2017, MarketsMedia awarded Andrea its “Women in Finance Award” for Excellence in Blockchain.

ZirconTech has started a process of evaluation and testing all emerging blockchain based legal technologies, and this was again another great opportunity to interact with the key global lines of development.

Later was the case of Amberdata demonstration, where they showcased the product. Amberdata commented about the customer pain points and argued that everyone needs transparency into the state and health of blockchain infrastructure, applications and transactions. That means no operational instrumentation, no monitoring, alerting, search or insights, and no visibility into scalability, availability and throughput. There are unique challenges operating decentralized.

Trail of Bits discussed the case Manticore, the smart contract analysis. It uses symbolic execution of EVM to deeply explore possible contract states across multiple transactions and contracts. It discovers functions directly from bytecode, detects contracts flaws like int overflows, uninitialized memory and storage usage, among other features. It also verifies customized program assertions. Manticore is open source and can be found at https://github.com/trailofbits/manticore

As a second initiative, Trail of Bits introduced Echidna, a smart contract testing solution. It uses fuzzing and input generation to generate and execute many contract inputs and generate intelligent grammar based inputs. Echidna seamlessly integrates into developer workflows, runs thousands of generated inputs per second, and reduce test cases for easier manual analysis.

Mark Mossberg, Security Engineer in Trail of Bits

Mark Mossberg, a Security Engineer in Trail of Bits, recommended the following steps if you are developing a smart contract:

  • Review Not so Smart Contracts
    • Trail of Bits database of insecure Solidity code
    • Ensure your team learns from others mistakes
  • Run Slither on every new code checkin
    • Static analyzed/bug checker for Solidity
  • Write Echidna tests for new features
    • Solidity smart fuzzer/testing framework
    • Aim for 80% coverage or higher
  • Run Manticore for final verification
    • EVM analysis and verification tool
    • Discover any dangerous, obscure states

Alethio introduced its platform to capture and synthesize block data in real-time, presenting relevant information via clear and accessible dashboards. It uses data science & semantic modeling so users can clearly see what matters to them. Includes features like advanced block explorer, intuitive user interface, meaningful visualizations, real-time alerting, account timelines and smart contract analytics.

October 20th, 2017

It took place the first EEA NYC Meetup at Fordham University McNally Amphitheatre, 140 West 62nd Street New York. A brief update on the exciting things happening at EEA (Enterprise Ethereum Alliance) and working demos of products from members showcasing the results of the alliance’s work.

The event was moderated by Vanessa Grellet, Executive Director of Strategy, Enterprise & Social Impact at ConsenSys.

J.P. Morgan and Zcash publicly showcased for the first time the latest version of Quorum. The new features included the Zero-knowledge Security Layer that allows for cryptographically assured private settlement of digitized assets on Quorum.

ConsenSys introduced OpenLaw, demonstrating tools to begin managing large and complex legal transactions on a blockchain. OpenLaw showed how you can execute multiple legal agreements using blockchain technology and trigger the execution of multiple smart contracts, including smart contracts to transfer ether every minute and to transfer tokenized stock on a vesting schedule. ZirconTech is evaluating all emerging blockchain based legal technologies, and this was a great opportunity to interact with one of the key global lines of development.

The we had the opportunity to see Datarella, which developed for the United Nations World Food Programme an Ethereum based asset management and payment system to distribute aids. The system has been in use in the field for half a year. Building and deploying real-world applications shows us how important it is to push the blockchain to enterprise maturity.

Then we had more from the Brooklyn based ConsenSys, in this case they presented an overview of the user-centric uPort identity system and how it is currently being used today by ConsenSys Academy and governments around the world for projects, such as government attestations and document notarization. TuPort showcased functionalities like the ability to sign Ethereum transactions, manage attestations, and sign documents.

Finally, presented by TruSet’s Co-Founders, Tim Rice and Will Janensch, a demo showcased how member nodes can publish, validate, reach consensus, and consume a bond reference data record on the Ethereum blockchain.