How to use Smart Contracts & Amazon QLDB to Bridge Data Silos in an Enterprise
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Get ready to experience one of the most important innovations in recent years with the potential to change the way we manage data and execute our business processes.
Currently, in any large #enterprise there are often multiple applications and business units that perform activities to complete an end to end business process. This inevitably gives rise to multiple data repositories and fragmented copies of business rules which need to be constantly reconciled with each other. In addition, implementing immutable audit records using traditional mechanisms is also complex.
In this meetup, we will see how to use a combination of DAML #smart #contracts & Amazon #QLDB to bridge silos between various business divisions and applications of your organization. DAML smart contracts are enabled on QLDB using Sextant by BTP. We'll show you a demo of that too.
Moreover, since DAML smart contracts can run within as well as across enterprise boundaries, they also significantly enhance data quality because we are now exercising permitted actions on an underlying digital asset to move a business process along - be it an insurance claim, a bank payment, a stock trade, or a mortgage. Built in authorization, rights, and obligations management also simplifies the technology architecture that supports your business.
-- Agenda
5:30 - 6:00: Grab some food and a drink, network, and get settled in.
6:00 - 6:20: What is QLDB, the immutability offer, key use cases
6:20 - 6:45 pm: Bridging enterprise data and process silos with smart contracts, introduction to DAML
6:45 - 7:15: Art of the Possible Discussion with 2 Live Demos: a. Bridging silos to improve customer experience b. Bridging silos in your supply chain
7:15 - end - Networking & Q&A
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