Blockchain Transactional Ledgers and Smart Contracts as PI enablers v1

Summary
This deliverable specifies the blockchain mechanism and the integration of smart contracts within the PI network operation. More specifically, this deliverable anticipates the potential, use and strategic value of Blockchain in support of situational (and real-time) smart contracts in the context of optimised PI routing and optimisation of “packets” wherein new third party agreements need to be quickly instantiated, initiated, communicated and agreed/approved, so as to facilitate new agreements that will transpire when packets and cargoes traverse new relationships, new actors, new hubs and require new contractual agreements with associated SLAs. (version 1).