Thursday 9 AUGUST 2018
National Convention Centre, Canberra

Helping you be a better blockchain buyer

Steve Wilson
VP & Principal Analyst, Digital Safety and Privacy
Contellation Research


About Steve

Steve Wilson is VP and Principal Analyst at Constellation Research, focusing on digital identity and privacy. His coverage areas span the business research themes of Digital Safety and Privacy, Data to Decisions, and Consumerization of IT. His advisory services to CIOs, CISOs, CPOs and IT architects include Security Practice Benchmarking, Privacy Engineering and Privacy Impact Assessment.

Steve has worked in ICT innovation, research, development and analysis for over 25 years. With double degrees in physics and electrical engineering, the early part of his career saw high achievement in medical software engineering and product development, in Australia and the US. He moved into cyber security in 1995, and specialized in identity management, working in R&D management and Principal Consultant roles with Security Domain (later Baltimore Technologies), KPMG, PwC and SecureNet. He founded Lockstep Consulting in 2004, where he has forged an illustrious track record in identity and privacy research and advice. Wilson is responsible for numerous breakthroughs in difficult areas of identity infrastructure and governance, including national and industry level authentication frameworks, PKI systems, smartcards, digital credentials, fraud control, and privacy engineering. He has provided advice on national ID frameworks to the governments of Hong Kong, New Zealand, Australia, Singapore, Macau, Malaysia and Kazakhstan.



Thursday 9 AUGUST 2018 from 9am-1pm



Individuals, responsibilities, different objectives.


Level set

  • What does blockchain do? Why? And what doesn't it do?
  • The Double Spend problem in e-cash
  • Which blockchain(s) are we talking about?
    • 1st Gen public blockchain (Bitcoin, Ethereum)
    • 2nd Gen (e.g. Ripple)
    • 3rd Gen Synchronous Ledger Technologies (aka distributed/shared - many)
    • Terms: Permissioned Chains, Private, Managed, Hybrid Chains

Dig into the trade-offs and pitfalls

Equip the client to compare and contrast options

  • Evolution of blockchain technology
  • R3 Corda, Hyperledger, IBM, Microsoft Blockchain-as-a-Service
  • Security models; the shifting security promises
  • R&D directions

Client quote: With all the new blockchain talk and proofs of concept, it’s so confusing for tech execs to make decisions around these technologies. We can’t keep up with pipeline of new options, it just makes even more confusion. We don’t see a safe ‘buy XYZ’ option. Should we wait and see? Or do you see serious blockchain adoption in planning horizon

What makes a good ledger technology application?

  • Is there the equivalent of a Double Spend problem?
  • Are assets purely digital, physical or mixed?
  • Who participates in a transaction?
  • What are the important properties of the dataset?
  • What are the important security promises?
  • How is your environment administered?

Use case selection

This is a dynamic workshop discussion with the client, who will bring to the session their real-life problems and candidate applications, which we will refine and prepare for technology evaluation.

  • Review the client’s own blockchain investigations to date 
  • What are their known unknowns?
  • Review the market/industry/regulatory constraints
  • What problem are they trying to solve, how does blockchain technology fit?
  • Unpack the relevant characteristics of a ledger and map onto client applications
    • Consensus
    • Transparency
    • Orchestration
    • Immutability
    • Uniqueness
    • Decentralization
    • Resilience

Building a Synchronous Ledger Technology road map

  • Buy vs Build considerations 
  • Client’s R&D capacity and ways of doing things
  • Pilots, PoCs, Prototypes, Production 
  • Identify next steps, milestones and decision points
  • Refine a set of questions to put to solutions providers
  • Agree on expectations