Mr. Chris Gabriel

Founder, Hyperchain Labs

Chris Gabriel founded Hyperchain Labs in early spring 2018 and deployed the first ever, oil & gas blockchain network based on Hyperledger Fabric and running on the IBM Blockchain Cloud Platform. Hyperchain Labs focuses on reducing costs for our customers by eliminating the need for disparate, untrusted networks that are expensive to maintain.
Hyperchain Labs recently completed its proof-of-concept for an oil & gas truck ticketing blockchain network to automate the crude oil run ticket process as well as produced water hauling by integrating IoT sensors and robotic process automation with legacy ERP systems to automate the end-to-end transaction process integrating smart contract execution to effectively ‘Uberize’ oilfield trucking.

In October 2018, Hyperchain Labs started the design work for an agribusiness supply chain network that will utilize a blockchain network to bring fertilizer, chemical, and seed producers onto the same permissioned network as retailers, wholesalers, and farmers to see inventory, orders, and deliveries in near real-time to reduce costs for all network participants.

By providing Blockchain-as-a-Service (BaaS) including use case evaluation, network design, build, and smart contract review & deployment, Hyperchain Labs acts as the neutral blockchain network operator for consortiums in any industry.

In addition to his work with Hyperchain Labs, Mr. Gabriel is also a regular contributor to the Hyperledger Project hosted by the Linux Foundation where he is a member and actively contributes to the documentation working group.

Abstract: On a blockchain network, smart contracts can be thought of as the non-legal parts of the agreement that can be converted from negotiated terms (on paper) into computer code for the purposes of executing end-to-end transaction processes in a much more efficient manner, thus reducing costs as very little human verification is required.

Simply put, smart contracts are coded to enforce some contract terms automatically as certain requirements of the agreement are met such as milestone payments to the supplier based on the acknowledgment of goods receipts at the purchaser for example. Taken a step further, price validation against a received invoice can also be automated in a smart contract.

At XChain2, Mr. Gabriel will be discussing:

The Importance of Governance in a Permissioned Blockchain

--Network Permissioned blockchain governance basics

--Getting it right the first time

--Governance for antitrust compliance

--Channels and Private Data Network Identity management: Can’t fake it, can’t break it

Mr. Gabriel will also be a panelist discussing:

Understanding the Value and Advantages of Utilizing Smart Contracts Over Existing Methods

--What does it mean to digitalize the contract process in regards to real-time delivery and exchange of custodies?

--Enabling transactional trust between parties through the use of an immutable ledger

--Understanding the implications of amending or voiding smart contracts

--Considering legal jurisdictions, enforceability issues, and preparing for future regulations