Download KrypC Technologies - ISRDC @ IIT Bombay

KrypC Technologies
Accelerated Blockchain Adoption
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About Us
FinTech solution and service provider focusing on bringing innovative
solutions in the field of Blockchain & Digital Currency
Founding Team
Founding team of one of the largest Digital Signature
Certification Authority
Mobile Wallet
Founding team of regulated mobile wallet business
Patent
Authored Patents – Secure Messaging, Tokenized QR Code,
Crypto Mu
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Our Journey
2007
eMudhra Certifying Authority
established
2009
Secure messaging patent
2011
YPAYCASH Mobile Wallet
launched
2015
Research and Inception of
KrypC
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Current Challenges – Technical Difficulty
1) Need for strong Blockchain technology understanding
• Blockchain base protocols (MultiChain, Ethereum, Hyperledger)
• Mapping business process to Blockchain concepts such as Smart
Contracts, DvP, Asset mapping, etc.
• Node architecture
Technical Difficulty in
Adoption
Above-average computer literacy needed
for developing Blockchain Applications
KrypC Corporate Deck - 2016
2) Need for strong coding skills
• Solidity for Ethereum smart contracts, chaincode for IBM Hyperledger
and golang, javascript, java, etc.
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Current Challenges – Ambiguity in rules
1) Utilizing base protocols for mapping business processes
• MultiChain allows only asset creation and mapping business processes
onto MultiChain requires significant effort
• Other protocols also require significant effort to map custom business
processes on the Blockchain network
Ambiguity in
the architecture & rules
2) Standard protocols
• Standard protocol help development of Blockchain use cases
Ambiguity in the architecture and rules of
Blockchain for tailored implementation in
businesses
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Current Challenges – Difficulty in legacy system Interactivity
1) Building Blockchain applications that interact with existing legacy systems is
tedious
2) Interaction with legacy systems may require an intrusive approach or the
need to customize the existing codebase to communicate with the
Blockchain layer
Difficulty in interaction with
legacy systems
Challenges in interactivity of legacy data
with the Blockchain platform
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Current Challenges – Need for Infrastructure
1) Blockchain is a network of nodes which communicate with each other on a
continuous basis
2) Each Blockchain node is a physical server/cloud server. Thus, significant
infrastructure is required to setup a fully functional production ready
Blockchain solution.
Infrastructure
requirement
Architecture requirement for deploying
and maintaining Blockchain nodes
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3) This could mean a monetary investment for purchase and maintenance of
infrastructure and plugging infrastructure to Blockchain software layer
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Solution Approach
Near zero development effort
Identity Layer
Transaction Data Interactivity
Above-average computer literacy needed
for proper use of Blockchain
KrypC allows for use of integration of
existing or creation of new legally valid
identity layer
KrypC allows for use of integration of existing
LoB applications, collection of vendor data and
allows for quick enablement of all the
participants to report into the Blockchain
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KrypCore
KrypCore - KrypC’s intellectual property stack
Crypto
Enhances the legal validity of transactions or actions performed in the Block.
Module includes Certificate Management, e-Signer Component and Certificate
Validator
API
Translates all the messages and actions by various Actors for recording of
transactions into Blockchain. Extracts data from Blockchain for reporting and
third party API
Protocol Wizard
Enables deployment of Blockchain protocols through user friendly UI driven tool
by capturing parameters relating to Nodes, Actors, Block, Assets, Data elements
Process Framework
Enables inclusion of actions, messages, documents relating to transactions in
Blockchain by validating access rules, binding rules and business rules defined
therein
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Proof of Concepts /Use Cases
Banking / Cap Markets / Financial Services
Letter of Credit
Mortgage Loan
Payment
Retail Lending
Dealer Financing
Others
Loyalty Wallet
Gold trading
Pre-paid virtual wallet
Lost and Found
KrypC Virtual Currency
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De-duplication of
invoice
Investment
Banking
Horizontal Offering
Conversational
Commerce
Verified Reviews
Employee Verification
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KRYPCORE DEMO – CAPITAL MARKETS USE CASE
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A PROBLEM FOR YOU THINK ABOUT ?
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