WS5: The Blockchain Technologies as a motivating power for Businesses Intelligence

Nikolaos Zoannos

Nikolaos Zoannos has a Master in Informatics and he is a PhD Candidate on the University of Piraeus (Department of Informatics), studding the Blockchain Technologies (BT). He is also certified as: (a) a Systemic Analyst, (b) a CISCO Administrator and (c) a CISCO Security Administrator.

He has been a Security Officer and IT Administrator on the Ministry of Citizen Protection, since 2002. More specifically, from 2002 to 2005 he was working on Olympic Games Security Division and he was trained as an administrator of Cisco equipment. From 2007 until 2009, he was working on Informatics Division of Hellenic Police Headquarters and he was responsible for the Cyber Security. In 2009 he was transferred on Security Division of the Greek Parliament, in which he stayed until 2013. At that period, he was responsible for the administration of Data Bases and he gained a lot of experience in Radio Frequency Identification (RFID) Cards, Tags and Sensors. 

Since 2017, he participating with the company “Integration Power ICT – Security Defense”, on the European Union "HORIZON 2020" research and development project, with the code name "AUGGMED" Ref:653590, in which his duties are: 1) the development of requirements analysis, 2) the study of Critical Infrastructure vulnerability, 3) the development of technical specifications and 4) the system design.

Also, in the past and for a period of two (2) month (07/2012 - 08/2012) he transacted a Vulnerability Analysis for Onex Hellenic Company, for the Security of four (4) Illegal Immigration Stations, at the Greek Borders. In order to gain experience in teaching Informatics, from 12/2013 until 12/2014 he was working as a Professor Assistant of Computer Science in a private school, after a special approval given form the Chief of the Hellenic Police.                                                       

Analyzing data from a bunch of transactions (Block of a Blockchain) can lead to optimization of Business Decisions

Business Intelligence (BI) is a technology-driven process for analyzing data and presenting reports, which helps managers and executives to make better business decisions. In order to achieve a proper data analyzation and an optimized visualization, a variety of tools, applications and methodologies can be used. Those analytical results consist of the driving force of business decision making process that is why the methodologies that are going to be used in each case must be chosen carefully.

Systems Science provides methodologies suitable for data analysis. For example, Dcsym methodology can be used to design the relation between the nodes of the decentralized network and to highlight any problem that may occur in case of an attempt of wrong data entry in a block or phenomena, like “deep fake”. System Dynamics is also a methodology (mathematical modeling technique) which can be used to frame, understand/explain, and discuss complex issues and/or problems. This methodology can be used in order to create a Mental Model which will predict, through time, the full extent of the blockchain and its versatility.

The main purpose of our study is to present to you how the "Systems Thinking" and “Systemic Methodologies”, like those we have mentioned before, can be applied on Blockchain technologies. Also, through the different sections of this study we will show you the first stages of a multimethodology that we are developing for the Systemic Management of Blockchain Technologies.

K. Kalogerakis

George Panou

Distributed Ledger Technologies (DLT) and Blockchain in action

Kostas Kalogerakis & George Panou

Hellenic Blockchain Hub

The presentation will cover the following sections:

Blockchain and Fundraising: The case of Initial Coin Offerings (ICOs)

Daskalakis Nikos
Senior Lecturer in Finance and Financial Management
University of Brighton

In the traditional financial system, market fundraising takes place via issuing new securities in financial markets (IPOs, SEOs and bonds). The equivalent of this fundraising process in the crypto market is done via initial coin offerings (ICOs). Project owners use ICOs to fund their project, via offering their newly issued tokens, in exchange for other, main, cryptocurrencies.

ICOs allow fundraisers to raise capital directly from the public, at a global scale, with no transaction costs, and following a relatively easy process. These ICO features have resulted in tremendously fast and high-valued fundraising, where millions of dollars can be raised in a few hours’ time. Given that ICOs are a relatively recent phenomenon, one can observe important case-by-case variations on how they are conducted, and there is no single process that is universally followed. However, there are specific steps that most of the ICOs seem to follow. And although ICOs is a quite recent and constantly evolving phenomenon, the way ICOs are conducted, already shows some clear differentiations from the traditional fundraising forms. These will be the main aspects that ICOs will be approached in this presentation, namely how ICOs work, what their main features are, and how they differ from the traditional fundraising processes.