Last updated a year ago
Blockchain-adoption in global industry requires inclusion of the Chinese Market. This is challenging due to the very specific regulations
DLT360's native Chinese legal experts carefully assess the current situation and map findings into the DLT360 Risk- and Opportunity Radar
This is the total amount allocated to DLT360: China Industry Applications.
DLT360 was initiated by Heinz Gassner. Heinz has 30+ years experience in leading innovation in industry. Before starting DLT360 in fall 2021, Heinz was Senior Global Director of Digital Transformation of AB InBev's worldwide Supply Operations (AB InBev is global market leader in beverage industry).
This experience from Fortune 500 companies brings us the insight, that successful technical solutions need to be designed with a global footprint, thus need to be also suitable for operating in China. This proposal aims for a focused investigation of risks and opportunities when implementing public permissionless blockchain technology (Cardano) in industrial applications within China. The result of this project will be a detailed report, which will be integrated in the Business Dimension of the DLT360 Risk & Opportunity Radar. This can then be the basis for driving further activities such as Implementation Whitepapers, Yellowpapers, Blueprints and Consulting Artifacts.
Please note: This proposal is part of a bigger picture:
The basic setup of the DLT360 Risk & Opportunity Radar was funded in fund 6 and greatly supported by a number of projects in fund 7. Fund 8 will hopefully let us continue and finally get to the status of mature, subscription-based services. Our initial work of fund 6 will be completed by approximately end of Q1/2022 with a first 360-degree roundtrip-video and roundtrip-presentation.
Why are we doing all this?
Cardano - similar to successful professional companies - needs to continuously investigate facts, trends, risks and opportunities. In commercial companies, this is typically done by independent risk-management entities reporting directly to the C-suite. With our services, we want to support Cardano in
We are currently presenting our activities in form of single projects, hoping to overcome this stage with fund 9. At the end of 2022, we want to be a subscription-based service, also available to outside-Cardano clients worldwide (like commercial companies), becoming economically successful and independent from the initial Catalyst startup funding. Please also check and support our proposal for future subscription-based funding (Proposed F9 Challenge Setting: https://cardano.ideascale.com/c/idea/400085).
Most technical solutions for business (B2B and B2C) need to be designed with a global footprint, thus need to be also suitable for operating in China. We see the following aspects contributing specifically to this challenge setting:
No specific challenges and risks, as we are handling this as part of our ongoing DLT360 journey. Main challenge comes form the need to pack our activities into single projects, but we hope to overcome this stage with Fund 9.
At the end of 2022, we want to be a subscription-based service, also available to outside-Cardano clients worldwide (like e.g. commercial companies and major global consulting firms), becoming an economically successful service-provider, independent from the initial Catalyst startup funding.
The DLT360 team is applying a Business Model Canvas (in MIRO) for continuously optimising the overall business model approach. As most of our activities are highly interlinked, we see overlapping as well as specific elements when looking at the business model canvas project-by-project. Therefore, this part contains both: Generic and specific elements:
1) Customer Segments / Target Groups (generic for DLT360)
2) Value Proposition (generic for DLT360)
Dependent of the above listed customer-segments, we see our value proposition as following (more details in MIRO):
3) Distribution Channels (generic for DLT360)
Depending on customer-segment and corresponding value-proposition, the following delivery channels will be used:
4) Customer Relationship (generic for DLT360)
After handling our startup-activities based on fund 6 and on investments from Heinz Gassner, the fund 7 and fund 8 funding allows us to deepen our content-creation and to grow our team. Based on demonstrating the value we create, we are aiming for subscription-based service agreements in the future. The relationship with outside-Catalyst clients will be based on such subscription-based service agreements and on specific project-based agreements.
5) Revenue Streams (generic for DLT360)
During this early stage of our startup, we are fully focusing on servicing the Cardano Community. The fund 6 and fund 7 funding of our basic DLT360 Risk & Opportunity Radar will lead to delivering 2 quarterly reporting events (end of Q1 and end of Q2 2022). This specific fund 8 project will not be separately considered in terms of a revenue stream. We are applying a careful 'Lean Startup' approach during our journey for planning, checking and iteratively adjusting our Business Model according to our learnings, all documented in our MIRO environment. For the time after Q3 2022, we see the following approaches regarding securing sufficient revenue streams for maintaining and growing our services as well as the required expert team and network:
6) Key Activities, Roadmap and Deliverables (now specific to this project)
This proposal is driven by the Economy/Business & Regulatory Teams of DLT360. This project requires the following specific key-activities - all during Q3 / 2022:
Based on our listed key-activities and key-resources, we plan with the following costs (please note that we are in progress of setting up a formal company body and need to calculate with taxation according to applicable law):
DLT360 is operated by a core-team and by a flexible team of renowned domain experts as well as a scalable network of contributors from the Cardano community, from academia and from industry. For this specific project we plan with the following key resources:
Most of Our DLT360 projects are highly interlinked and we handle the overall planning and tracking in our DLT360 - MIRO environment. Due to already running our fund 6 and fund 7 funded projects that way, we are well familiar with Catalyst Coordinator and acquainted with the relevant reporting processes. We are tracking our progress as following:
KPI Progress Measurement for our activities during Q3 / 2022
Our Definition of Done and our success criteria are derived from the above listed KPI measurement:
This is a new proposal, but the results will be integrated into the Economy/Business-dimension of our DLT360 Risk & Opportunity Radar (therefore, this is not an isolated 'one-off' activity, but an important building-block of overall DLT360 journey).
To be completed.
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
DLT360 Domain Expert Team with many years of experience in this field, consisting of
Detailed information & links provided in feasibility section below