Business Models *

The modern projects on the optimization and the automation of many business processes, assume, as a rule, that the first step will be the analysis of the large amount of the client’s documents. The purpose of it is the modelling the business processes “as-is” in a very tight schedule. The list of the analyzed documents includes normative legal acts, industry standards, SCRUM user stories, regulations, technical specifications and other corporate documents.

The analyst for the project faces a rather time-consuming task which is at the same time a routine one as well. It doesn’t have many means of automation at present. According to the analysis of modern means of business process modelling, even such well-known applications on the market as Enterprise Architect, ARIS, Bizagi Modeler do not have any support mechanisms for business process model building in their text description.

This article is focused on the BPMN model extraction from the document.

People are resorting to blockchain for all kinds of reasons these days. Ever since I started doing smart contract security audits in mid-2017, I’ve seen it all. A special category of cases is ‘blockchain use’ that seems logical and beneficial, but actually contains a problem that then spreads from one startup to another. I am going to give some examples of such problems and ineffective solutions so that you (developer/customer/investor) know what to do when somebody offers you to use blockchain this way.

Disclaimers

• The described use cases and problems occur at the initial stage. I am not saying these problems are impossible to solve. However, it is important to understand which solutions system creators offer for particular problems.
• Even though the term ‘blockchain use’ looks strange and I am not sure that blockchain can be used for anything other than money (Bitcoin), I am going to use it without quotes.

1. Supply chain management

Let’s say you ordered some goods, and a carrier guarantees to maintain certain transportation conditions, such as keeping your goods cold. A proposed solution is to install a sensor in a truck that will monitor fridge temperature and regularly transmit the data to the blockchain. This way, you can make sure that the promised conditions are met along the entire route.