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H12-721 - HCNP-Security-CISN (Huawei Certified Network Professional - Constructing Infrastructure of Security Network) - BrainDump Information

Vendor Name : Huawei
Exam Code : H12-721
Exam Name : HCNP-Security-CISN (Huawei Certified Network Professional - Constructing Infrastructure of Security Network)
Questions and Answers : 245 Q & A
Updated On : January 18, 2019
PDF Download Mirror : H12-721 Braindumps
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H12-721 exam Dumps Source : HCNP-Security-CISN (Huawei Certified Network Professional - Constructing Infrastructure of Security Network)

Test Code : H12-721
Test Name : HCNP-Security-CISN (Huawei Certified Network Professional - Constructing Infrastructure of Security Network)
Vendor Name : Huawei
Q&A : 245 Real Questions

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Huawei HCNP-Security-CISN (Huawei Certified Network

India does not wish to ban Huawei from telecom community deals: minister | killexams.com Real Questions and Pass4sure dumps

The India executive on Friday said there is no thought to ban telecom equipment maker Huawei, PTI stated.telecom-minister-manoj-sinha-on-spectrum-auctionThis could be an enormous aid for Huawei, the #1 telecom gadget company on this planet, to proceed potent enterprise in India, the 2d largest telecom market in terms of the number of cell consumers.

China-based mostly Huawei is an immense network and managed services service provider to Indian telecom operators. a couple of Indian mobile provider providers depend on Huawei because of its superior networks and price-effectiveness.

however international locations such because the US, Japan, Canada, the united kingdom, Germany, Australia and New Zealand are within the manner of blocking off buy of device from Huawei and ZTE, the fourth greatest telecom network maker. the USA President believes that Huawei is supported by means of China government and is posing security considerations for the nation.

Huawei ultimate week pointed out its annual revenue is expected to go $100 billion plus in 2018 regardless of difficult market conditions in a few markets. Huawei has also won 25 plus telecom community deals to give 5G device to mobile operators.

Huawei has also shipped 200 million plus smartphones in 2018 — beating Apple for number two place.

Telecom export body TEPC closing month requested country wide safety guide Ajit Doval to ban purchase of equipment from chinese language groups like Huawei, ZTE and Fiberhome for executive networks, claiming that they could pose a serious country wide security danger.

“At existing, there isn't any notion earlier than the executive because banning telecom equipment and machine made by using Huawei,” telecom minister Manoj Sinha pointed out in a written reply to Rajya Sabha.

Sinha informed the condo that telecom operators are free to acquire equipment from any supplier in response to their techno-business hobbies provided they adhere to the safety provisions given within the licence.

Sinha stated that up to date age telecom equipment, regardless of its source, may additionally at times be vulnerable to adware or malware etc.

“These, spyware/malware and many others are competencies threats, if embedded in any of the telecom network aspects by means of seller or any other third party source, which may also damage the involved community element causing disruption in features, infecting other community aspects or leakage of information to unintended consumer,” the minister mentioned.

He, youngsters brought, that to tackle safety considerations, together with of the security threats posed with the aid of telecom device inducted into networks, irrespective of its source, difficult safety circumstances were laid down within the licence.

under telecom licence circumstances, telcos are required to create amenities for monitoring of all intrusions, attacks and frauds on their technical amenities and provide experiences on the same to the licensor, Sinha observed.

These facilities are required to be created with the aid of the carrier providers within twelve months of positive date of getting authorisation.

The telecom branch has in September 2018 mandated minimal requirements for security coverage (MRSP) for the licensed telcos.

In November, the government centered security Assurance necessities Facility (SASF) in Bengaluru to strengthen Indian telecom safety assurance necessities for telecom device, regardless of the source, to make sure security in digital communique at the countrywide stage.

“This facility will work for safety from the national viewpoint and additionally facilitate the development of testing and certification ecosystem within the nation via participation in the actions of consciousness of safety examine labs and safety certification of telecom device in response to look at various effects reported by way of these labs,” Sinha talked about.

Huawei recently introduced a few steps to increase its cyber safety courses and a $2 billion funding in UK.


UAE- European operators still see Huawei as their strategic companion to play important role in advancing the subsequent technology of wireless technology. | killexams.com Real Questions and Pass4sure dumps

(MENAFN - Dubai PR network)

  • despite external power, Huawei is still gaining international carriers' aid on 5G.
  • Justin Trudeau: 'Canada's resolution on no matter if to permit Huawei access to its next-era wireless network might not be a political one
  • Analysts says banning Huawei will create a vacuum that no person can fill in a well timed fashion, and can critically impair 5G deployments
  • Dubai, UAE, December 30, 2018: throughout a yr-end press briefing held the day before today in crucial Seoul, LG U+ CEO and vice chairman Ha Hyun-hwoi has made it clear that the provider does not consider there are any safety threats concerning its use of Huawei machine in its 5G infrastructure, rebuffing claims by way of some lawmakers that there's a possibility of safety leaks by utilizing the Huawei equipment in the community.

    LG U+ currently companions with Huawei for its 5G infrastructure. in line with Ha, Huawei has already utilized for safety certification of its 5G community equipment from an international certifying body in Spain, and the public can be able to see how secure the equipment is once the opinions are complete subsequent yr.

    'security concerns apply to every device seller we partner with, not most effective Huawei, and we should totally determine all of the gadget [we use] is cozy, Ha spoke of. 'There are roughly 170 international locations which are already the usage of Huawei's network equipment, and there hasn't been any protection problems said to this point. He brought.

    in the community, Huawei has install machine that abides with the aid of over 70 security guidelines set by using the Korea information superhighway & protection agency, based on LG U+.

    LG U+ has constructed 5,500 base stations to carrier the next-era 5G community as of Wednesday, while its local competitors have reportedly centered under 1,000 5G base stations. The enterprise invested roughly four trillion gained ($three.6 billion) to install its 5G infrastructure, together with at 5G spectrum auctions.

    On a related word, at yr-conclusion news convention in Ottawa, Canada best minister's Justin Trudeau stated: Canada's decision on whether to enable Huawei access to its next-generation wireless network might not be a political one.

    'There are tens of millions of greenbacks, billions of dollars at stake in technology and in communications infrastructure, there is also the stunning imperative that Canadians and individuals worldwide predict to be saved safe and free from interference and cyber attacks, Trudeau observed.

    'It shouldn't in any respect be a political determination made on how we interact, but a decision made with the aid of experts and a decision in response to strategies with the aid of our intelligence and protection corporations, he brought.

    also in a reversal of its previous stance, India stated is not going to ban China's Huawei from promoting 5G device within the nation, regardless of the us calling for a boycott over espionage concerns. Indian officers now say the telecom equipment maker can not be singled out in matters of protection, above all on account that its opponents additionally supply key accessories from China.

    Many European operators see Huawei as their strategic associate on the way to play important roles in advancing the subsequent generation of instant expertise. Huawei remains gaining foreign carriers' guide on 5G. Many European telecos are continuing with 5G implementation with Huawei. the united kingdom mobile operator O2 validated that it will proceed to deploy Huawei 5G equipment in the UK. Huawei has also recently partnered with market-main Telecommunications Operator Altice Portugal committing to the building and implementation of 5G features in Portugal. Vodafone Italia and Huawei additionally these days introduced the completion of a strategy to enhance the latitude of high frequency spectrum as part of their pre-regular 5G trials in Milan.

    Orange CEO Stphane Richard turned into very clear in his feedback about Huawei in face of the current condition. He observed : 'Huawei has the ideal technology on earth. they've the strongest means and techniques for R & D in the industry. So the best of their items is undoubted.

    Some analysts have already recommended that banning Huawei will create a vacuum that no one can fill in a well timed trend, and may significantly impair 5G deployments global as Huawei has recently introduced through its rotating chairman Ken Hu that it has secured 25 industrial contracts, ranking number one amongst all ICT machine suppliers, having already shipped greater than 10,000 base stations to markets around the globe.

    Ken rejected allegations in regards to the company community protection asserting: No facts has been presented to again the allegations up, and nobody can improve by using locking out competition.

    'Some protection concerns in response to the know-how for 5G had been very professional, however in a position to be clarified or mitigated via collaboration with operators and governments. Ken brought.

    'almost all network customers have indicated they desire Huawei, which is at the moment the market leader with the optimal equipment and should remain so for at the least the subsequent 12 to 18 months, for faster and more good value enhancements to 5G.

    MENAFN3012201800703082ID1097901932

    UAE- European operators still see Huawei as their strategic partner to play crucial role in advancing the next generation of wireless technology.

    No concept to ban Huawei telecom equipment: Sinha | killexams.com Real Questions and Pass4sure dumps

    The government Friday mentioned there is no inspiration to ban telecom gear and gadget made by means of chinese company Huawei. “At current, there is not any proposal before the govt due to the fact banning telecom gear and machine made by using Huawei,” telecom minister Manoj Sinha referred to in a written reply to Rajya Sabha.

    His commentary comes after telecom export body TEPC closing month requested countrywide safety advisor Ajit Doval to ban buy of equipment from chinese groups like Huawei, ZTE and Fiberhome for government networks, claiming that they could pose a significant national security danger.

    TEPC has been set up by means of the govt to advertise telecom export from India.

    Sinha instructed the condominium that telecom operators are free to procure device from any dealer according to their techno-commercial pastimes offered they adhere to the safety provisions given within the licence.

    the united states, Japan, Canada, the united kingdom, Germany, Australia and New Zealand have already taken steps to block purchase of gadget from Huawei and ZTE.

    Sinha stated that modern age telecom device, irrespective of its supply, may additionally from time to time be prone to spyware or malware and so forth.

    “These, spyware/malware and so forth are knowledge threats, if embedded in any of the telecom community features by way of vendor or every other third birthday party source, which may hurt the involved network factor inflicting disruption in capabilities, infecting other network points or leakage of counsel to unintended person,” the minister stated.

    He, however brought, that to tackle security issues, including of the security threats posed by way of telecom gadget inducted into networks, no matter its supply, complicated protection situations had been laid down within the licence.

    beneath telecom licence circumstances, telcos are required to create amenities for monitoring of all intrusions, attacks and frauds on their technical facilities and supply reports on the identical to the licensor, Sinha referred to.

    These facilities are required to be created by the carrier suppliers inside 12 months of effective date of getting authorisation.

    The telecom department has in September 2018 mandated minimal requirements for security coverage (MRSP) for the licensed telcos.

    In November, the government dependent safety Assurance specifications Facility (SASF) in Bengaluru to enhance Indian telecom protection assurance requirements for telecom gadget, irrespective of the supply, to make certain security in digital communication on the national level.

    “This facility will work for safety from the countrywide point of view and additionally facilitate the development of checking out and certification ecosystem within the country through participation in the activities of focus of security look at various labs and protection certification of telecom device in accordance with test consequences stated through these labs,” Sinha observed.




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    H12-721 exam Dumps Source : HCNP-Security-CISN (Huawei Certified Network Professional - Constructing Infrastructure of Security Network)

    Test Code : H12-721
    Test Name : HCNP-Security-CISN (Huawei Certified Network Professional - Constructing Infrastructure of Security Network)
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    Everything You Need to Know to Get Started in Network Administration | killexams.com real questions and Pass4sure dumps

    Written by Ahmed Badr Published: 14 March 2016

    What does it take to start a career in network administration? Certification, therapy general IT knowledge, and workplace experience are all important building blocks.

    Network engineer futzing with wiresNetwork infrastructure is a critical component of any IT system. It enables the transportation of data between different components in the system, as well as the transfer of data between the user and the system. Opportunity for trained network administrators abounds.

    Recently, the U.S. Bureau of Labor Statistics predicted job growth of 12 percent in network and computer systems by 2022. According to the Certification Magazine annual Salary Survey for 2015, the average salary of a Network+ certified pro is $95,980.

    As network technologies have evolved over years, so too have IT networking jobs. Although technology and jobs are continuously changing, however, network engineers still need to have a foundation level understanding in networking to get started in the field. This foundation level of knowledge is the starting point for developing a career in networking.

    Whether working on a traditional network of standalone devices or advanced software developed networks, administrators still need to have a basic understanding of how network devices deliver traffic and the different network protocols involved in this process.

    What does a network administrator typically do?

    A network administrator designs, implements and operates the infrastructure components of a network. Care must be taken that the infrastructure is built and maintained to achieve high availability and reliability. This is important because the performance of the network directly impacts the performance of the whole IT system.

    The responsibilities of a network administrator vary according to the size of an organization. In mid-sized and large organizations, administrators are likely to be responsible primarily for the network and its components. In smaller organizations, the administrator’s responsibilities often extend to supporting users’ desktops and servers as well.

    Becoming a network administrator

    You will need to develop a solid background in computer systems to understand how an IT system operates in general. A degree in computer science is one way to obtain a strong knowledge of computer systems — but it’s not the only way. Many successful network administrators lack a formal computer science degree, and some come from non-IT backgrounds as well.

    If you are considering a career in network administration, then a computer degree is a great way to start. If you are shifting careers, or not interested in pursuing a formal degree, however, then there are still many resources on the internet that can help you develop the required technology background to shift to a networking career.

    Get a Certification

    After you’ve built a foundation in computer systems, it is time to begin building your networking knowledge. As always, the best resource for learning about network technologies is, of course, network certifications.

    Certifications are often supported by specific vendors such as Cisco, Juniper and Huawei, among others. Vendor-specific certifications deal primarily with software and hardware from a particular supporting vendor organization.

    Other certifications are vendor-neutral, such as CompTIA. A vendor-neutral certification, as defined by Margaret Rouse of TechTarget, is “a business and design approach that seeks to ensure broad compatibility and interchangeability of products and technologies. The model encompasses non-proprietary design principles and unbiased business practices.”

    Many certifications are also categorized into different levels according to the depth of knowledge they cover: typically beginner, intermediate and expert, with different naming conventions according to different certification vendors. Candidates typically progress from the beginning levels to the more advanced levels.

    If you are considering a networking career, here are five recommended certifications that will give you the basic knowledge and skills needed:

    Cisco Certified Network Associate (CCNA)

    Generations of network administrators have entered the field by starting with the CCNA certification. A CCNA provides a great foundation for network administration.

    Some people think that CCNA certification got its popularity solely from the popularity of Cisco devices in network infrastructure around the globe — and it’s certainly true that there are a lot of Cisco devices in use. Others say that Cisco networking devices became wildly popular because Cisco developed the skills of many network administrators via their certification programs, which in turn led to a widespread deployment of Cisco devices. There is truth in both opinions.

    Although the CCNA is vendor-specific (Cisco), it covers concepts applicable to any networking equipment. Another attractive benefit to the CCNA is the availability of study resources and the sheer number of CCNA certified administrators who form a broad learning community.

    The CCNA certification has evolved over time and Cisco now offers nine different Associate level certificates for administrators to choose from. Cisco also offers CCNP and CCIE certifications targeting professional and expert level professionals respectively that are considered the natural next step after CCNA.

    CompTIA A+

    CompTIA is a global leader in providing vendor-neutral IT certifications. Worldwide, there are more than one million A+ certified individuals. A+ certification focuses on hardware and software technologies in widespread use today.

    This certification will provide the knowledge required to support basic IT infrastructure components, and covers computer-related tasks such as software and hardware maintenance, as well as fundamental networking and networking security skills. While A+ doesn’t primarily focus on networking, it is a useful certification to start with and build upon.

    CompTIA Network+

    This is another vendor-neutral, entry-level networking certification that is widely recognized. Network+ certification equips an aspiring network administrator with the basic skills required to design, configure and troubleshoot wired and wireless network infrastructures.

    Certified individuals will possess the requisite level of knowledge to administer network infrastructures containing devices from different vendors when running day-to-day operations.

    Juniper Networks Certified Associate: Junos (JNCIA-Junos)

    JNCIA certification is offered by Juniper to train network administrators on network concepts and Juniper devices. The certification is a favorite among network administrators because of its solid and broad knowledge base.

    Certification covers network fundamentals, Junos (Juniper devices Operating System) OS fundamentals, Juniper devices configuration, Routing fundamentals and troubleshooting best practices. As an entry-level certification, JNCIA doesn’t have any prerequisite credentials. A general background in computer systems is enough to start studying for JNCIA.

    Microsoft Technology Associate (MTA) Networking Fundamentals

    Microsoft’s MTA certification covers the fundamentals of networking in a comprehensive manner. Certified individuals possess the skills and knowledge needed to support network infrastructures that specifically include Microsoft’s products. This certification has no pre-requisite and it covers network hardware as well as protocols and services.

    Get experience

    Preparing for a job huntNow that you have a foundation in network knowledge and computer systems, and a certification, the next step is to find employment. A key element in the pursuit of a career in computer networking is hands-on experience. Such experience comes only from dealing with network devices in real-world day-to-day operational situations.

    The key point to highlight here is that your first job will probably not be a long-term position. It’s important to land a job as soon as you can, even if it’s not the perfect one that you dreamed of. Gaining real-world experience will definitely lead to bigger and better employment opportunities.

    Maintain networking skills

    Technology changes rapidly. What was cutting-edge today may be obsolete tomorrow. Network administrators have to stay up-to-date with evolving trends and new technologies — not just in the networking field, but across the IT industry as well.

    Network administration is a competitive field. Keeping your skills sharp will keep you ahead of the competition and increase the likelihood of landing better jobs and higher salaries.

    Ahmed BadrABOUT THE AUTHOR

    Ahmed Badr is a network consultant with more than 10 years of experience designing, implementing and operating large scale network infrastructures. He holds a BSc in Communications and one in Electronics Engineering, and a Master of Business Administration. He also holds a CCIE certificate in Routing and Switching since 2008. Ahmed can be contacted at: This email address is being protected from spambots. You need JavaScript enabled to view it..


    Huawei Constructs an eLTE-IoT Network for the Mexican Power Grid | killexams.com real questions and Pass4sure dumps

    SHENZHEN, China, July 11, 2018 /PRNewswire/ -- In the new era of Mexico's electric power industry, the transition means that 'bits drive watts.'

    Smart meters have fundamentally changed the electric power business. In Latin America, one of the world's largest regional electric power markets, digital transformation is predicted to unleash an opportunity that will equal USD 24 billion in value.

    According to the 2013 to 2017 national power system plan, Mexico's infrastructure investment will reach USD 97.1 billion in the next 15 years. The largest power company of Mexico, which provides integrated management services for power generation, transmission, transformation, distribution, and use, wanted to upgrade power grid.

    Advanced Metering Infrastructure (AMI), the optimum choice

    Mexico implemented a new electricity law in 2014 that opened the national power grid to investment to promote competition for the generation and sales of electrical power. The openness and competition in the electric power sales market have led to a common demand of electric power sales companies for neutral third-party metering, which is used specially for large industrial and commercial users. NetCity, owned by GOES, has emerged against this backdrop to help electric power sales enterprises improve operations capabilities and solve problems such as difficult and slow fee collection, high line loss, poor management, and low customer satisfaction. The AMI solution provides electric power organizations with a smart metering platform based on bi-directional high-speed communication that allows real-time transaction charges. Huawei's comprehensive user management system effectively prevents electricity theft, analyzes line-loss statistics, and streamlines operations. The end-to-end deployment of AMI solutions is the first step toward solving the many endemic problems occurring through their service lifecycle.

    Because of the difficult and time-consuming nature of network building and capacity expansion. The power grid company facilitated additional support through a partnership with NetCity - a professional wireless IoT provider. This allowed them to efficiently and cost-effectively collect electricity consumption data from homes and businesses, reduce line losses and fee collection times, and increase revenue.

    eLTE-IoT, the Neural Network for Electric Power

    The digital communications network is the nervous system for the AMI platform.

    Huawei will use an enterprise Long-Term Evolution-IoT (eLTE-IoT backbone) network as the backbone for the AMI system. The open system is designed for ease of integration for collaborating partners to provide secure and cost-effective End-to-End (E2E) smart grid solutions.

    The eLTE-IoT network operates in the 902 MHz to 928 MHz Industrial, Scientific, and Medical (ISM) frequency band, uses 3GPP 4.5G technology, and employs new features that comply with the laws and regulations for unlicensed spectrum, enabling backhaul communication for power metering for improved security, reliability, and network performance that exceeds published IoT requirements for AMI.

  • Improved reliabilityThe Huawei eLTE-IoT network adopts a two-level, anti-interference retransmission technology that applies Forward Error Correction and narrowband Frequency Hopping to ensure stable connections over the ISM radio spectrum.
  • Strong security protectionBi-directional authentication prevents abnormal intrusions and E2E encryption ensures service security for signaling data.
  • Wider coverageMulti-hop technology improves indoor coverage that, when combined with high terminal receiver sensitivity, ensures network access to underground layers.
  • Additional connectionsSlotted ALOHA technology doubles spectral efficiency and improves the granularity of resource allocation for concurrent channel transmission that enables 3,000 AMI devices to be read from a single base station.
  • Reduced power consumptionPower Saving Mode and Extended Discontinuous Reception technologies are used to extend the battery life for devices in the field to up to 10 years.
  • Open systemHuawei eLTE-IoT components share an industry chain and ecosystem with Narrow-band-IoT (NB-IoT) products. This allows Huawei to collaborate with global partners through the OpenLabs. Following a thorough due diligence review, the Huawei eLTE-IoT solutions were selected by the Mexican electric power industry.
  • In the first quarter of 2017, the technical specifications of the Huawei's eLTE-IoT platform were written into the Mexican National Industrial Communications Act, and in the second quarter of 2017, eLTE-IoT-connected AMI meters passed the admission certification and earned Huawei the contract for a Phase 1 deployment.

    The Huawei OpenLab center in Mexico is a development and cooperation environment for ecosystem partners that has played an important role in the Mexican electric power project. The OpenLab facility provides a setting for the joint incubation and verification of AMI devices, to enhance product competitiveness in the Latin American market. The testing completed in the OpenLab forms has helped partners to meet the admission certification requirements published by Mexico's CFE Equipment and Materials Testing Laboratory (Laboratorio de Pruebas de Equipos y Materiales, or LAPEM).

    The Huawei eLTE-IoT solution also passed the tests conducted by Mexico's Federal Institute of Telecommunications (Instituto Federal de Telecomunicaciones, or IFT). During the IFT test regime, Huawei identified over 290 interconnection requirements in the solution development field - plus an additional 16 optimization requirements for partners - resulting in an 80% performance improvement for AMI meter-reading.

    Story continues

    eLTE-IoT, applied in multiple scenarios across many industries

    The Huawei eLTE-IoT communications platform was first deployed in Mexico City in the fourth quarter of 2017. With a population of over 21 million people, and the location of nearly half of the country's industrial, commercial service, and financial institutions, Mexico City was chosen to address the most urgent needs for electrical power system reconstruction and AMI deployment.

    Following site construction, Huawei conducted a wide range of fixed-point and mobile tests in multiple settings, including densely populated urban areas, commercial districts, highways, and outdoor open areas, to accurately evaluate the typical, real-world coverage for eLTE-IoT-connected AirNodes.

    The network was deployed with AMI smart meters integrated with eLTE-IoT modules and General Packet Radio Service/IoT (GPRS/IoT) dual-mode electrical meters, which allowed the meters to access the GPRS public network, and send back data in areas without IoT coverage. After the IoT network coverage was improved, services could be smoothly migrated to the new wireless IoT private network, reducing public network leasing, hardware, and servicing costs associated with electrical meter replacement.

    According to the test results, the eLTE-IoT delivered a 4 km coverage radius in densely populated urban areas, and an 8 km coverage radius in outdoor areas having no obstacles. The reported success rate for AMI smart meters integrated with eLTE-IoT communication modules exceeded 99 percent.

    AMI smart meters are just the first step in Mexico's electric power transformation, and NetCity's wireless eLTE-IoT network is enabling local electric power companies to process AMI services and build a unified platform that will allow an increasing number of Smart City services - such as smart water and smart street lamps - to create a powerful nervous system for Smart City solutions in Mexico.

    Ricardo Villasana, CTO of Goes Telecom, said,"Huawei's eLTE is a robust and comprehensive solution that offers us an IoT platform with a high price-performance ratio. This solution has optimized the metering in aspects such as timeliness, security, and O&M expenses. Looking ahead to the future, we are expecting this solution to bring seamless coverage to Mexico City, one of the largest cities in the world. The main advantage of deploying NetCity´s own network is to target not only the electric metering market, but also Water and Gas. Additionally, we are deploying value-added solution in other verticals, such as: Smart Parking, Street Lighting, Remote Environmental Monitoring, and e-Farming."


    18 blockchain consortia you should know about | killexams.com real questions and Pass4sure dumps

    This article introduces the 18 most popular blockchain consortia.

    Broadly, two types of consortia exist.

  • Business-focused. These, aim to build and operate blockchain-based business platforms to solve a specific business problem. E.g. — An example is Digital Trade Chain.
  • Technology focused. They seek to develop reusable blockchain platforms based on technical standards. An example is Hyperledger.
  • At the intersection of the two objectives, a consortium like R3 is formed. (More on that, later.)

    But the question arises — why are organisations taking the pain to form consortia? Clearly, working together across organisations couldn’t be a cakewalk. Why indulge in it? The answer lies in the technology itself. Strictly speaking, there are differences between a distributed ledger and blockchain. However, a very core characteristic of blockchain is the distributed ledger. As many participants join the blockchain, the relevance of the data shared, the authenticity, its technical security, all increase multi-fold. Needless to say, the more democratically owned the data is, the more comfortable its users and contributors would be.

    Let’s dive into the various consortia that have been formed across the world, and evaluate the goals that drive them. They are listed as follows in alphabetical order.

    1. BankChain

    Members | Products

    BankChain is a community of banks for exploring, building and implementing blockchain solutions. Its formation was initiated by Primechain Technologies. They maintain, operate and govern the consortium. Formed in February 2017, BankChain has 37 members and 9 live projects.

    Members get access to all BankChain projects like Electronic Signature Engine (web service), Corporate KYC and Charge Registry, Bank guarantees & Documentary Credits, Invoice discounting, Stressed assets marketplace and many others.

    2. B3i

    Product | Structure

    The Blockchain Insurance Industry Initiative (B3i) was formed in late 2016 as a collaboration of insurers and reinsurers to explore the potential of using Distributed Ledger Technologies within the industry for the benefit of all stakeholders in the value chain. The success of the B3i Initiative is manifested in the incorporation of B3i Services AG on 23rd March 2018 in Zurich.

    Product: The first product developed by B3i is a Property Cat XOL contract. Rather than maintain data on separate ledgers of each contracting party, the B3i blockchain application runs a shared process, calculation, settlement and reporting on a distributed ledger.

    3. China Ledger

    Formed with the intention of understanding and exploring the blockchain technology, its underlying encryption algorithms, the formation of private chains, sidechains, and lightning network technology, China Ledger is a consortium launched in China.

    As a progress to the exploration phase, China Ledger aims to build solutions and blockchain infrastructure for the country of China.

    4. EEA — Enterprise Ethereum Alliance

    Members | Platform

    Formed to accelerate the adoption of Enterprise Ethereum. The Alliance sets global standards for architecture and specifications. It undertakes testing and certification programs. Privacy and Performance improvements are critical to EEA’s roadmap.

    Enterprises, part of the network, come together to produce the industry standard, open source, free to use blockchain solutions that will be the foundation for businesses going forward.

    5. FISCO — Financial Blockchain Shenzhen Consortium

    Members | Platform

    The Financial Blockchain Shenzhen Consortium (FISCO) was established on May 31, 2016. It has so far attracted more than 100 members including financial institutions and financial information service companies.

    FISCO has established research projects in areas like credit, equity, loyalty points system, insurance, commercial bills, cloud service, digital assets, and wealth management issuance and trading.

    FISCO blockchain open source platform is collaboratively built by the FISCO open source working group. Members of the working group include Beyondsoft, Digital China, Forms Syntron, Huawei, Shenzhen Securities Communications, Tencent, WeBank, YIBI Technology, Yuexiu Financial Holdings (Fintech) and more.

    6. FundChain

    Resources | Members

    The Fundchain initiative was launched in 2016 by Scorechain. It constitutes of 10 key market players of the fund industry — BIL, BNP Paribas Securities Services, CACEIS, European Fund Administration (EFA), HSBC, ING Luxembourg, Pictet, RBC Investor & Treasury Services, Société Générale Bank & Trust, and Professional Services firm PwC Luxembourg, the University of Luxembourg (SnT)

    Use cases being discussed: KYC onboarding, cash management, transfer agent, regulation

    7. GBBC — Global Blockchain Business Council

    With thought leaders and innovative organisations from across 40 countries, GBBC aims to make blockchain a well-understood subject, and simultaneously, accelerate its adoption by engaging with the global political and business leaders, and regulators. It is a Swiss-based non-profit, which was launched formally during the 2017 Annual World Economic Forum in Davos, Switzerland.

    It partakes in advocacy, and education of blockchain for all relevant partners.

    8. Global Shipping Business Network

    Nine leading ocean carriers and terminal operators formed this consortium to develop the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology.

    Initiated by software solutions provider, CargoSmart, this network constitutes of COSCO Shipping Lines, CMA CGM, Evergreen Marine, OOCL, Yang Ming, DP World, Hutchison Ports, PSA International and Shanghai International Port, as well as software solutions provider CargoSmart.

    The new platform will establish a digital baseline that aims to connect all stakeholders, including carriers, terminal operators, customs agencies, shippers, and logistics service providers to enable collaborative innovation and digital transformation in the supply chain.

    9. Hashed Health Collective

    Products | Resources

    Hashed Collective is a global community for healthcare organizations, consumers, entrepreneurs, developers — anyone looking to be a part of conversations at the intersection of blockchain and healthcare.

    It is an open, no-cost community where enthusiasts and newbies can engage with industry leaders and blockchain entrepreneurs across an array of interest areas.

    For enterprises — Hashed Health works with enterprise teams to help unpack and apply blockchain technology in the healthcare industry.

    10. International Organization for Standardization

    Standards

    ISO is an independent, non-governmental international organization with a membership of 162 national standards bodies. Through its members, it brings together experts to share knowledge and develop voluntary, consensus-based, market-relevant International Standards that support innovation and provide solutions to global challenges.

    They give world-class specifications for products, services and systems, to ensure quality, safety and efficiency. They are instrumental in facilitating international trade.

    ISO has 11 standards on blockchain under progress, under the direct responsibility of ISO/TC 307 with 39 participating members and 13 observing members.

    11. ISITC Europe

    ISITC Europe’s Mission is to promote operational efficiency in the global financial industry through education, design, standardisation and recommendation.

    ISITC Europe is a voluntary, not for profit group of interested members from the financial industry. Members comprise Investment Managers, Custodian Banks, Broker/Dealers, Software-Data Network communication vendors (technology vendors), Industry Service providers, Consultancies, Depositories and Individuals.

    It has various working groups. The ISITC Europe Blockchain working group has discussed how best to assist the financial services industry in the adoption of Blockchain Distributed Ledger Technology (DLT).

    The working group has established a series of Blockchain DLT benchmarks based on both technology and operational requirements

    12. Japan Exchange Group — JPX

    Projects | Members

    Japan Exchange Group was formed with the collaboration of various Japanese financial institutions and IT vendors to explore and develop blockchain or distributed ledger technology (DLT) based solutions for the capital markets. The consortium consists of 33 Japanese financial institutions and other related organizations,

    Projects under progress: Capital Market Infrastructure, Trade Matching Processes, KYC Operations, Pre-Settlement Process of Cross-Border Securities Trade

    13. Marco Polo Network

    Product

    Launched in 2017, this trade finance network aims to aid the working capital finance availability via its solution — TradeIX platform. This platform is integrated with the Marco Polo Network. The solution is built on Corda. It is API driven, and not a destination application.

    Various financial institutions like BNP Paribas, Commerzbank, ING Standard Chartered Bank, SMBC, DNB, OP Financial Group, Bangkok Bank, NatWest and Natixis, International Trade and Forfaiting Association (ITFA) are a part of this network.

    The platform also manages critical cross-platform services such as tasks and alerts, compliance, analytics, reporting and 3rd-party integrations.

    14. MOBI

    Use cases | Members

    mobi is a nonprofit organization working with forward thinking companies, governments, and NGOs to make mobility services more efficient, affordable, greener, safer, and less congested by promoting standards and accelerating adoption of blockchain, distributed ledger, and related technologies.

    Starting with vehicle identity and history, mobi’s use cases span the entire mobility services value chain

    Partners: Bosch, BMW, Carblock, Cognizant

    15. PTDL — Post Trade Distributed Ledger

    Resources

    PTDL (Post Trade Distributed Ledger) Group includes nearly 40 financial institutions and prominent market infrastructure players. It is meant for post-trade landscape.

    Practitioners, regulators, and central banks connect through PTDL to identify and drive activities and position specific recommendations that may leverage distributed ledger technologies for the benefit of the post-trade industry.

    16. R3

    Members | Platform

    R3 is a dual-focused network. It has built a blockchain platform called Corda and has built an ecosystem of over 200 members across industries. Corda comes in two variants — open source, and a commercial version for enterprise usage.

    R3’s partners work together in an advisory capacity to build applications for finance and commerce. It boasts of a Marketplace, which is a web platform that brings R3 members and partners together to discover solutions built on Corda.

    17. Trusted IoT Alliance (TIA)

    Members | Projects

    Motivated by the need to build trust in IoT technology, TIA aims to use blockchain to induce reliability in IoT, and hence make use of the automation potential that comes with using IoT sensors with smart contracts.

    Enterprises/Individuals who join this alliance have the freedom to work with a technology of their choice. This also provides a cost-efficient way to develop new solutions, instead of developing an in-house PoC.

    Projects under progress — Smart E-Mobility, Smart Logistics, Smart Buildings, Smart Construction.

    18. We.Trade

    Members | Product

    It provides an easy to use interface for bank’s customers to discover potential vendors and sellers, place orders, and manage payments. All businesses on the blockchain are KYC’d. It also allows them to select banking products. Bank also supplies guarantees for payments.

    It is built on Hyperledger Fabric. 12 European banks have taken part, including, Societe Generale, UniBank, UBS.



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