Hyperledger Public Sector White Paper
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3. Public Sector Mapping
4. Use cases
4.1
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Predatory Bank Loans
4.1.1 Description of Environment
4.1.2 Description via four rings
4.1.3 Conclusions
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2 Energy Sector Management
4.2.1 Description of Environment
4.2.2 Description via four rings
4.2.3 Conclusions
4.3
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Land Registry / Land Markets
4.3.1 Description of Environment
4.3.2 Description via four rings
4.3.3 Conclusions
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4 Grant Management
4.4.1 Description of Environment
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Government has served an important function, to maintain trusted information for member of its society. Blockchain technology can revolutions how agents collect and process information. We believe the future will involve a world with many interconnected distributed databases and blockchains, each of which will be specialized to suit the purposes of its users, In this interconnected world, it is the role of the Public Sector to define and facilitate these relationships.
The purpose of this paper is to derive pathways for the Public Sector when discovering the benefits of Blockchain Technology When discussing Blockchain thru a Public Sector lens, (3) important segments need addressing: (1) Identity Management for Public Sector
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Across Governments [state the intended audience as precisely as possible. For most white papers, this will be a technical audience, not a business audience. Does their level of technical understanding matter? Are there some matters they should already understand before they can get anything from the current document? Can we point them to this kind of prerequisite information? Does it matter which framework(s) they are using: Fabric, Indy, Sawtooth, etc? Does it matter what issue they are trying to understand: security, interoperability, etc?]
1.1 What is Hyperledger
Background
Blockchain is an emerging technology pattern that we believe can radically improve banking, supply-chain, and other transaction networks, creating new opportunities for innovation and growth while reducing the cost and risk of related business operations. With the rapid emergence of Bitcoin in the transactions domain since 2009, many businesses and industries have invested significant resources in investigating the underlying technology that powers the popular, yet controversial, cryptocurrency.
Blockchain is a peer-to-peer distributed ledger technology that first gained traction in the financial industry because of its capacity to issue, trade, manage, and service assets efficiently and securely. The distributed ledger makes it easy to create cost-efficient business networks without requiring a central point of control, in marked contrast to the world of SoR (System of Records), where every member in the ecosystem needs to maintain its own ledger system and reconcile transaction updates with one another in inefficient, expensive, and often non-standardized inter-organizational operation flows.
As the shared ledger concept gains traction in the business world, blockchain smart contracts are also getting a lot of attention from industry. A smart contract is a collection of business rules which are deployed on a blockchain, and shared and validated collectively by a group of stakeholders. A smart contract can automate business processes in a trusted way by allowing all stakeholders to process and validate contractual rules as a group.
Bitcoin and other cryptocurrencies were designed to be completely open, decentralized, and permissionless: anyone can participate without establishing an identity; one only has to contribute by spending computation cycles. Under the Bitcoin model of blockchain, there is no central authority that controls admission; these networks have been called permissionless. Bitcoin is costly to operate because it requires innumerable proof-of-work computations.
Hyperledger takes a much more flexible approach to consensus than the traditional blockchain model. We expect most--but not necessarily all--of our use cases to require permissioned blockchains, something that cryptocurrencies do not directly support. However, we expect that even some of the use cases of permissioned blockchains will require different consensus algorithms. For instance, round-robin consensus may be sufficient for certain small, highly trusted blockchains, while other blockchains may require Paxos or PBFT variants. For this reason, Hyperledger includes support for modular, plug-and-play consensus. This modularity gives Hyperledger the potential to save computation cycles, scale efficiently, and respond to the multitude of enterprise use case requirements by providing a secure, robust model for identity, auditability, and privacy.
What is Hyperledger
Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by The Linux Foundation, including leaders in finance, banking, Internet of Things, supply chains, manufacturing and technology. Hyperledger, as part of the Linux Foundation, provides technology leaders a uniquely open and collaborative international community from which to develop, validate, and field enterprise-grade blockchain technology solutions.
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Public Sector
Definitions
Public sector organisations are businesses set up with the aim of providing a public service rather than making a profit., existing in all three layers of government ( Federal. State Local)
Public Sector is usually comprised of organizations that are owned and operated by the government and exist to provide services for its citizens, instead of working toward the goal of collecting a profit, public sector entities seek to provide services, regulate activities and enforce laws.
- Funding for public services are usually raised through a variety of methods, including taxes, fees, and through financial transfers from other levels of government
Examples of organizations in the public sector include:
- Education (Schools, Libraries)
- Electricity
- Emergency Services
- Fire Service
- Gas and Oil
- Healthcare
- Infrastructure
- Law Enforcement
- Police Services
- Postal Service
- Public Transit
- Social Services
- Waste Management
- .
1.3 IMPACT STATEMENT:
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