5. Financial Industry Applications best suited for Blockchain
Financial Instruments
● Payments – Cross Border, P2P
● Private Equity
● Bonds
● Derivative Commodities
● Trading & Spending Records
● Mortgage & Loan Records
● Microfinance
Processes
● Clearing Networks
● International Transfers
● Settlement
● Auditing, reconciliation,
reporting, settlement
● Asset Ownership
6. Top Ten ICOs of 2017 40% of total
Project Total Raised
Filecoin $257,000,000
Tezos $232,319,985
EOS Stage 1 $185,000,000
Paragon $183,157,275
Bancor $153,000,000
Kin $97,041,936
Status $90,000,000
TenX $64,000,000
MobileGO $53,069,235
KyberNetwork $48,000,00
Source: https://www.coinschedule.com
7. Top Ten ICOs 40% of total
Source: https://www.tezos.com/
11. Blockchain Types
PUBLIC NETWORKS
1. Designed for public network
2. Slow and inefficient
3. Built-in virtual currency
4. Difficult to push upgrades
5. Prone to forks
PRIVATE NETWORKS
1. Incomplete & usually untested
2. Usually too simple and inflexible
3. Lack critical enterprise features
4. Generally lack community support
5. Not standardized
12. Money Changing Hands
Loan
•Convertible
Notes
•Are you getting
it back?
Donation
•Foundations
•Governance
•Purpose
Pre-Sale
•“Crowdfunding”
•“Utility Token”
Equity
•Selling a stake
in common
enterprise
•Profit motive
17. A Peer-To-Peer Electronic Cash System
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from
one party to another without going through a financial institution. Digital signatures provide part of the
solution, but the main benefits are lost if a trusted third party is still required to prevent double-
spending. The network timestamps transactions by hashing them into an ongoing chain of hash-
based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work.
SOURCE: https://everisnext.com/2015/06/02/top-9-verticals-within-the-fintech-landscape-for-large-corporations/
NOTE: the original had two more categories under ‘FinTech’ -> “Bitcoin & Cryptocurrency” and “Blockchain Technology” .. that makes of course no sense (since you can build any of the other categories on a blockchain).
Source: http://www.bitcoinshop.usAlso see: https://www.coinschedule.com/stats.php for segmentation
NOTE: Since “crowdfunding” is mostly based on Ethereum’s ERC20 API it would be more accurate to place the line item into the ‘Smart Contract’ section!
235 ICOs $3.7B
VCs: $84.2B
(less than 4%)
BTC: $729MMETH: $366
TTL: $1.01
$5,000 invested in bitcoin in January 2013 would be $2.8m now
bitcoin was not the first virtuak currency
bitcoin was not the first cryptographic currency
First cryptographic currency : DigiCash in 1989
bitcoin first decentralized cryptocurrency
bitcoin is name of the Blockchain AND Currency
Increments are called ‘satoshis’