#SAP supports quorum

[bitsnblocks]

Discussing Quorum Blockchain Basics

Discussing Quorum Blockchain Basics

Quorum blockchain is in limelight for past some time and this is how I was prompted to learn quorum blockchain basics and read about quorum blockchain guides on the internet. I am trying to share my quorum blockchain learning experiences here.

This article may be considered as a part of quorum blockchain tutorial but it is not a quorum blockchain ultimate guide.

Recently, there were news that…

[ehteshamuniverse]

Oil and Gas Cloud Applications Market Size, Share, Historical Growth, Analysis, Development Status, Opportunities and Forecast To 2025 | COVID-19 Impact

Market Highlights

According to Market Research Future, the Global Oil and Gas Cloud Applications Market has been segmented based on Component, Deployment Type, Organization Size, Operation, and Region/Country. Cloud applications offer various benefits to the oil and gas companies in upstream, midstream, and downstream operations. The oil and gas industry is a process-intensive industry, where the companies monitor large volumes of data, which cost a high amount. Cloud applications help in monitoring and analyzing the data and providing efficient process handling to the oil and gas companies.

Segmentation:

By Component, the Global Oil and Gas Cloud Applications Market growth has been divided into solution and service. The solution segment is expected to have a higher market share during the forecast period, due to the growing demand for effective management of various assets and applications and for uninterrupted uptime in the oil and gas industry. The service segment has been further sub-segmented into consulting, implementation and training, and support and maintenance. The service segment is expected to steadily grow due to the increasing need for the consistent performance of cloud applications.

Based on Deployment Type, the global oil and gas cloud applications market has been divided into a private cloud and public cloud. The private cloud segment holds the largest market share during the forecast period since it provides a high level of encryption and security thereby enabling the oil and gas companies to process the critical data within the organization network. The public cloud segment is expected to be the fastest-growing during the forecast period due to its cost-effectiveness.

Based on organization size, the global oil and gas cloud applications market have been divided into small- and medium-sized enterprises (SMEs) and large enterprises. The large enterprise segment holds the largest market share during the forecast period. This is due to the large data generating a significant amount of critical data that needs to handle and analyze more securely. The SME segment is expected to be the fastest-growing during the forecast period due to the cost-effective nature of the cloud applications.

On the basis of operation, the global oil and gas cloud applications market has been divided into upstream, midstream, and downstream. The downstream segment holds the largest market share during the forecast period owing to the increasing technological advancements and growing digitalization in downstream operations.

Regional Analysis

By region, the Global Oil and Gas Cloud Applications Market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. The Middle East and Africa are expected to be the fastest-growing region due to the growing adoption of the latest digital technologies in the oil and gas industry.

Key Players

The Key Players in the Global Oil and Gas Cloud Applications Market are IBM Corporation (US), Oracle Corporation (US), Microsoft Corporation(US), SAP SE(Germany), Salesforce (US), Aspentech (US), Bentley Systems (US), Dassault Systèmes (France), HPE(US), ABB (Switzerland), Infor (US), Sage Software Solutions (India), Risk Edge Solutions(India), Workday (US), Quorum Software (US).

Also Read:

http://www.marketwatch.com/story/oil-and-gas-cloud-applications-market-leaders-growth-drivers-statistics-developments-competitive-landscape-future-outlook-challenges-and-impact-of-covid-19-2020-12-30

[un-enfant-immature]

Hacera creates directory to make blockchain projects more searchable

In the 1990s when the web was young, companies like Yahoo, created directories of web pages to help make them more discoverable. Hacera wants to bring that same idea to blockchain, and today it announced the launch of the Hacera Network Registry.

CEO Jonathan Levi says that blockchains being established today risk being isolated because people simply can’t find them. If you have a project like the IBM -Maersk supply chain blockchain announced last month, how does an interested party like a supplier or customs authority find it and ask to participate? Up until the creation of this registry, there was no easy way to search for projects.

Early participants include heavy hitters like Microsoft, Hitachi, Huawei, IBM, SAP and Oracle, who are linking to projects being created on their platforms. The registry supports projects based on major digital ledger communities including Hyperledger, Quorum, Cosmos, Ethereum and Corda. The Hacera Network Registry is built on Hyperledger Fabric, and the code is open source. (Levi was Risk Manager for Hyperledger Fabric 1.0.)

Hacera Network Registry page

While early sponsors of the project include IBM and Hyperledger Fabric, Levi stressed the network is open to all. Blockchain projects can create information pages, not unlike a personal LinkedIn page, and Hacera verifies the data before adding it to the registry. There are currently more than 20 permissioned networks in the registry, and Hacera is hoping this is just the beginning.

Jerry Cuomo, VP of blockchain technologies at IBM, says for blockchain to grow it will require a way to register, lookup, join and transact across a variety of blockchain solutions. “As the number of blockchain consortiums, networks and applications continues to grow we need a means to list them and make them known to the world, in order to unleash the power of blockchain,” Cuomo told TechCrunch. Hacera is solving that problem.

This is exactly the kind of underlying infrastructure that the blockchain requires to expand as a technology. Cuomo certainly recognizes this.”We realized from the start that you cannot do blockchain on your own; you need a vibrant community and ecosystem of like-minded innovators who share the vision of helping to transform the way companies conduct business in the global economy,” he said.

Hacera understands that every cloud vendor wants people using their blockchain service. Yet they also see that to move the technology forward, there need to be some standard ways of conducting business, and they want to provide that layer. Levi has a broader vision for the network beyond pure discoverability. He hopes eventually to provide the means to share data through the registry.

[a-alex-hammer]

What we really mean when we talk about “real” blockchain

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The advent of any new technology always sparks healthy and lively debate over fundamentals: standards, business models, best practices and the like. Blockchain is no exception. We’re seeing that kind of debate unfold today as the technology continues to evolve and gain traction. Some in the blockchain community are asking, “What constitutes real blockchain?” I’m old enough to remember a similar debate about object-oriented computing and distributed objects. Memories, … but I digress.

In blockchain circles, some crypto diehards believe Bitcoin is the only true blockchain. Others criticize enterprise blockchains for a perceived lack of decentralization or an inability to gain traction. What many in these camps seem to obsess over is the decentralized nature of the consensus necessary to defend against byzantine nodes attempting to disrupt the system.

Public blockchains such as Bitcoin and Ethereum leverage proof of work, or proof of stake, consensus as a means of achieving byzantine fault tolerance. This is a brilliant design, no question, but frankly not viable for enterprises that want to use blockchain to create their business networks. Not to mention that it is extraordinarily wasteful. Most enterprises balk at the escalating mining costs. And let’s face it, in an era arguably defined by the existential threat of unsustainable energy consumption, burning millions of kilowatt-hours on cryptographic puzzles is more than a little unseemly.

Learn how Hyperledger makes revolutionary cooperation and innovation possible

Who then, does it serve to pigeonhole blockchain to this incredibly reductive definition? Is it an intelligent strategy that advances blockchain adoption and innovation?

Since I’ve been at IBM, our mission has always been to build solutions that work for our clients in business settings and to leverage the ingenuity of the broader technology community. Our work on blockchain has been guided by a set of design principles aimed at fostering the development and adoption of the technology while addressing transparency and enterprise security. I believe these principles are as core to our platform as the technology itself: open source development, predicated on common standards and interoperability; distributed and transparent governance across multiple network participants; and permissioned access with bulletproof privacy protections.

That’s why rather than releasing a proprietary platform, IBM helped create Hyperledger, one of the fastest growing open source projects led by The Linux Foundation. We also contributed code that would seed the development of an enterprise-grade blockchain platform: Hyperledger Fabric. With more than 260 Hyperledger members, it has grown to become a multi-project, multi-stakeholder effort encompassing numerous enterprise blockchain and distributed ledger technologies.

Hyperledger Fabric leverages a novel execute-order-validate approach to ensuring the correctness of a set of decentralized peers by removing the ordering function from the peer to an independent ordering service with pluggable consensus that allows the system to scale horizontally and vertically in ways that most other distributed ledger technology (DLT) platforms cannot.

All this technical talk aside, the important thing to note here is the pluggable consensus. A byzantine fault tolerant consensus would be overkill where a less complex crash fault tolerant consensus would suffice. Given that the participants are all known to each other, and have complete control over what smart contracts they will be running, there is significantly less likelihood of byzantine attacks that cannot be addressed through a governance framework with legal remedies for malfeasance — something that permissionless networks such as Bitcoin and Ethereum lack.

Inefficient consensus mechanisms aren’t the only reason permissionless blockchains are a non-starter for enterprises. Most organizations balk at the notion that anyone can engage in transactions, or in Ethereum’s case, run smart contracts on the network. Just consider the financial services sector where institutions need to follow rigorous know-your-customer and anti-money laundering regulations. A Chief Information Security Officer would run screaming at the idea of accepting transactions from anonymous accounts, or allowing anyone to run smart contracts on that type of network.

For this reason, and many others we’ve learned over the past three years deploying blockchain, our team built IBM Blockchain Platform on Hyperledger Fabric. Our blockchain solutions run on any cloud that supports Kubernetes, so it can be deployed anywhere and is interoperable with other Hyperledger Fabric blockchains, ensuring clients aren’t locked into any one vendor. Operational governance and development tooling make deploying and managing the platform and writing applications and smart contracts (what we call chaincode) easier for developers and business operators.

And IBM is not alone. Alibaba, AWS, Microsoft, Google, Oracle, SAP and many others also utilize Hyperledger Fabric as a service, whether managed or unmanaged. Most also include one or more other enterprise blockchain frameworks, such as Hyperledger Sawtooth or JPMC’s Quorum.

Enterprise blockchain is resonating with organizations. We have more than 500 blockchain projects underway, 100 of which are live active networks. We continue to see adoption across a vast range of industries, including cross-border trading, foreign exchange and payments (CLSNet, we.trade, IBM World Wire), supply chain management (TradeLens), food safety and provenance (IBM Food Trust) and many others. HFS Research estimates that more than half of all enterprises currently running live production blockchain networks are working with IBM.

I’d hardly call that lack of adoption. So, is enterprise blockchain real blockchain? I think so, but does it really matter what we call it if it’s solving real problems for the enterprise?

Deploy the IBM Blockchain Platform across multiple environments

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Source/Repost=> http://technewsdestination.com/what-we-really-mean-when-we-talk-about-real-blockchain/ ** Alex Hammer | Founder and CEO at Ecommerce ROI ** http://technewsdestination.com

[click2watch]

MultiChain Releases 2.0 Beta, Adds SAP and HCL as Partners

MultiChain, the enterprise blockchain framework created by Coin Sciences, has released its beta version 2.0 and added over 40 new partners, including big names like SAP and HCL Technologies.  

MultiChain 2.0 is a major upgrade to the platform which first went into production back in August of 2017. The announcement of the technological improvements dovetails with a jump in the ranks for its partner program, the roster for which now stands at 86 members.

Version 2.0 includes new features such as “smart filters” – MultiChain’s take on smart contracts – as well as support for structured data to be embedded and indexed in the chain, and easy management of off-chain data.

“MultiChain has full off-chain data functionality built in so it makes life a lot easier for developers who are already using this kind of technique but had to cobble things together themselves with multiple pieces,” said MultiChain founder Dr. Gideon Greenspan.

MultiChain’s smart filters approach has elements in common with both R3 Corda’s way of doing things, and also how ethereum works; indeed, the main enterprise blockchains all have slightly different ways of coding up rules on the blockchain, said Greenspan. This had led to more design space in terms of how smart contract rules can be expressed and run, and how to deal with things like conflicting transactions, said Greenspan. Each of the main platforms makes some decisions in this design space, the result being that different designs are better or worse suited for different use cases.

“Before choosing which blockchain platform to use you have to actually understand the application you want to build and the types of transaction that application to conduct,” Greenspan noted, adding:

“Make sure that informs your decision of platform, rather than choosing a platform because you’ve heard about it or because it was in the news.”

Drilling down a little, Greenspan explained there are two types of MultiChain smart filters: transaction filters and stream filters. “The stream filter is particularly good for straightforward data validation, so any kind of use case where you are putting structured data on the blockchain and you want to make sure that the data is clean,” he said.

Transaction filters are well suited for creating niche financial systems running on the blockchain which require some special logic for that case. “This could be some kind of credit point scheme or currency transacting environment in a particular subset of organizations and the transaction filters are well suited for defining extra rules about those sorts of transactions in terms of who can do what and when,” said Greenspan.

SAP effect

Prominent among the new partners is German software giant SAP, which boasts more than 335,000 customers in 180 countries. The company will be adding MultiChain to the SAP cloud offering, along with Hyperledger Fabric and Quorum, the ethereum-derived enterprise platform.

MultiChain’s tracking and verification capabilities have already been put to the test by SAP in a pilot scheme around the authentication of returned prescription drugs, prior to these being reintroduced back into the market.

Raimund Gross, chief blockchain strategist at SAP, said that drugs are oftentimes ordered by hospitals, for instance, in excess of the amount actually required and need to be returned.

Another example might involve an order of a very tailor-made drug which could cost $30,000, which for some reason or other has to be returned.

“Those returned drugs are a significant asset and can represent for our individual customers a total value of between like $2-$3bn a year,” said Gross.

SAP image via Cineberg/Shutterstock

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The post MultiChain Releases 2.0 Beta, Adds SAP and HCL as Partners appeared first on Click 2 Watch.

More Details Here → https://click2.watch/multichain-releases-2-0-beta-adds-sap-and-hcl-as-partners

[theinvinciblenoob]

In the 1990s when the web was young, companies like Yahoo, created directories of web pages to help make them more discoverable. Hacera wants to bring that same idea to blockchain, and today it announced the launch of the Hacera Network Registry.

CEO Jonathan Levi says that blockchains being established today risk being isolated because people simply can’t find them. If you have a project like the IBM -Maersk supply chain blockchain announced last month, how does an interested party like a supplier or customs authority find it and ask to participate? Up until the creation of this registry, there was no easy way to search for projects.

Early participants include heavy hitters like Microsoft, Hitachi, Huawei, IBM, SAP and Oracle, who are linking to projects being created on their platforms. The registry supports projects based on major digital ledger communities including Hyperledger, Quorum, Cosmos, Ethereum and Corda. The Hacera Network Registry is built on Hyperledger Fabric, and the code is open source. (Levi was Risk Manager for Hyperledger Fabric 1.0.)

Hacera Network Registry page

While early sponsors of the project include IBM and Hyperledger Fabric, Levi stressed the network is open to all. Blockchain projects can create information pages, not unlike a personal LinkedIn page, and Hacera verifies the data before adding it to the registry. There are currently more than 20 permissioned networks in the registry, and Hacera is hoping this is just the beginning.

Jerry Cuomo, VP of blockchain technologies at IBM, says for blockchain to grow it will require a way to register, lookup, join and transact across a variety of blockchain solutions. “As the number of blockchain consortiums, networks and applications continues to grow we need a means to list them and make them known to the world, in order to unleash the power of blockchain,” Cuomo told TechCrunch. Hacera is solving that problem.

This is exactly the kind of underlying infrastructure that the blockchain requires to expand as a technology. Cuomo certainly recognizes this.”We realized from the start that you cannot do blockchain on your own; you need a vibrant community and ecosystem of like-minded innovators who share the vision of helping to transform the way companies conduct business in the global economy,” he said.

Hacera understands that every cloud vendor wants people using their blockchain service. Yet they also see that to move the technology forward, there need to be some standard ways of conducting business, and they want to provide that layer. Levi has a broader vision for the network beyond pure discoverability. He hopes eventually to provide the means to share data through the registry.

via TechCrunch

[careersourcepod-blog]

Progressive Global Energy - Contract PMI Analyst

Full-time, Contract

Progressive Global Energy is seeking a Contract PMI Analyst within the Houston, TX area for a Global Oil and Gas Client. This will be a 12 month contract position with the potential to extend/convert to a full-time opportunity!

ROLES/RESPONSIBILITIES MAY INCLUDE AND ARE NOT LIMITED TO:

Validate ownership, property and production information related to our core business processes. This includes review of all leases and related contracts captured in Quorum Land System and how to obtain and apply that information.

Responsible for the creation, revision and maintenance of PRA/SAP, PMI and QLS records which will include JOA numbers, ventures, cost centers, JV records and non-verified DOIs. This role is also responsible for creating the accounting notice record, issuing the revised DOI list and updating the Database.

Support and responsiveness to our Finance colleagues by making available ownership to allow for accurate and timely processing of production volumes, production revenue, and joint interest billing.

Clearly and effectively communicate with both internal and external business partners as well as property owners to obtain needed information and/or documents or to convey information.

Adhere to internal document management process to ensure correspondence, instruments, records, and all other data are filed, imaged and indexed appropriately for retrieval and analysis.

Alignment with company needs to monitor and measure business activities and to continuously improve our business processes.

Contribute to and support LEAN practices in all aspects of the role as the Company moves toward a distinctive LEAN culture which is a foundation block for BPEI in 2020.

EXPERIENCE:

Minimum of 5 years of oil and gas experience is desirable, in one of the following: land, land administration, division order, or land development.

Experience with PRA/SAP is required

EDUCATION/TRAINING:

Bachelor’s degree preferable or commensurate experience. Certifications or degrees in the following are also a plus: Law, Petroleum Land Management, and Division Order Analyst.

If you meet the following requirements, please apply with your most up to date resume or call Bianca Rennie at 832.900.5923.

CLICK HERE TO APPLY