The document discusses the potential uses and implications of blockchain technology and cryptocurrencies like Bitcoin. It describes how blockchain provides a trustable digital ledger without a central authority by using consensus and collaboration across a distributed network. Some potential applications mentioned include financial instruments, public and private records, physical asset keys, intangibles, and more. It also briefly touches on some of the societal impacts like increased transparency, mobility, and potential solutions to issues like unemployment.

1. THE BITCOIN REVOLUTION
Federico Pistono
IT Innovation Day 2014

2. BITCOIN

4. AUTHORITY

5. TRUST

6. NO TRUST

7. PUBLIC LEDGER

9. BITCOIN IS A
TRUSTABLE LEDGER

10. IT USES CONSENSUS
AND COLLABORATION

11. DIGITAL CASH

14. NO CENTRAL AUTHORITY
NO FEES
NO TRUST

15. DISTRIBUTED
SELF-ORGANIZED
SELF-REGULATED

26. WHAT CAN YOU DO?

27. WHAT CAN’T YOU DO?

29. MONEY, BLA BLA…

30. BITCOIN IS A TRUSTABLE LEDGER
WHICH USES CONSENSUS AND
COLLABORATION

31. OPEN SOURCE
HACKABLE
LIKE THE INTERNET

32. WHAT CAN YOU DO?

35. PROTOCOL

36. PROTOCOL USED TO
AGREE ON STUFF

37. OPEN SOURCE
HACKABLE
LIKE THE INTERNET

38. MONEY
TITLE
TRANSACTIONS
CONTRACTS

39. A LOT MORE…

40. DECENTRALIZED
AUTONOMOUS
ORGANIZATION
(DAO)

41. “A DECENTRALIZED NETWORK OF NARROW-AI
AUTONOMOUS AGENTS WHICH PERFORM
AN OUTPUT-MAXIMIZING PRODUCTION
FUNCTION AND WHICH DIVIDES ITS LABOR
INTO COMPUTATIONALLY INTRACTABLE TASKS
AND TASKS WHICH IT PERFORMS ITSELF”
source: Wikipedia

42. “A CORPORATION RUN WITHOUT
ANY HUMAN INVOLVEMENT
UNDER THE CONTROL OF AN
INCORRUPTIBLE SET OF RULES”
source: Wikipedia

43. source: Vitalik Buterin

44. YOU BECOME STAKEHOLDER BY BUYING STOCK
IN THE COMPANY OR BEING PAID IN THAT STOCK
TO PROVIDE SERVICES FOR THE COMPANY.
!
THIS STOCK MAY ENTITLE YOU TO A SHARE OF
THE PROFITS OF THE DAO, PARTICIPATION IN ITS
GROWTH, AND/OR A SAY IN HOW IT IS RUN.

45. A LOT MORE…

46. I. FINANCIAL INSTRUMENTS,
RECORDS AND MODELS
!
CURRENCY
PRIVATE EQUITIES
PUBLIC EQUITIES
BONDS
DERIVATIVES (FUTURES, FORWARDS,
SWAPS, OPTIONS AND MORE COMPLEX
VARIATIONS)
VOTING RIGHTS ASSOCIATED WITH ANY
OF THE ABOVE
COMMODITIES
SPENDING RECORDS
TRADING RECORDS
MORTGAGE / LOAN RECORDS
SERVICING RECORDS
CROWD-FUNDING
MICRO-FINANCE
MICRO-CHARITY
II. PUBLIC RECORDS
LAND TITLES
VEHICLE REGISTRIES
BUSINESS LICENSE
BUSINESS INCORPORATION / DISSOLUTION
RECORDS
BUSINESS OWNERSHIP RECORDS
REGULATORY RECORDS
CRIMINAL RECORDS
PASSPORTS
BIRTH CERTIFICATES
DEATH CERTIFICATES
VOTER IDS
VOTING
HEALTH / SAFETY INSPECTIONS
BUILDING PERMITS
GUN PERMITS
FORENSIC EVIDENCE
COURT RECORDS
VOTING RECORDS
NON-PROFIT RECORDS
GOVERNMENT/NON-PROFIT ACCOUNTING/
TRANSPARENCY
III. PRIVATE RECORDS
!
CONTRACTS
SIGNATURES
WILLS
TRUSTS
ESCROWS
GPS TRAILS (PERSONAL)
!
IV. OTHER SEMI-PUBLIC RECORDS
!
DEGREE
CERTIFICATIONS
LEARNING OUTCOMES
GRADES
HR RECORDS (SALARY, PERFORMANCE REVIEWS,
ACCOMPLISHMENT)
MEDICAL RECORDS
ACCOUNTING RECORDS
BUSINESS TRANSACTION RECORDS
GENOME DATA
GPS TRAILS (INSTITUTIONAL)
DELIVERY RECORDS
ARBITRATION

47. V. PHYSICAL ASSET KEYS
HOME / APARTMENT KEYS
VACATION HOME / TIMESHARE KEYS
HOTEL ROOM KEYS
CAR KEYS
RENTAL CAR KEYS
LEASED CARS KEYS
LOCKER KEYS
SAFETY DEPOSIT BOX KEYS
PACKAGE DELIVERY (SPLIT KEY BETWEEN
DELIVERY FIRM AND RECEIVER)
BETTING RECORDS
FANTASY SPORTS RECORDS (!)
VI. INTANGIBLES
COUPONS
VOUCHERS
RESERVATIONS (RESTAURANTS, HOTELS,
QUEUES, ETC)
MOVIE TICKETS
PATENTS
COPYRIGHTS
TRADEMARKS
SOFTWARE LICENSES
VIDEOGAME LICENSES
MUSIC/MOVIE/BOOK LICENSES (DRM)
DOMAIN NAMES
ONLINE IDENTITIES
PROOF OF AUTHORSHIP / PROOF OF
PRIOR ART
VI. OTHER
DOCUMENTARY RECORDS (PHOTOS,
AUDIO, VIDEO)
DATA RECORDS (SPORTS SCORES,
TEMPERATURE, ETC)
SIM CARDS
GPS NETWORK IDENTITY
GUN UNLOCK CODES
WEAPONS UNLOCK CODES
NUCLEAR LAUNCH CODES (!)
SPAM CONTROL (MICRO-PAYMENTS FOR
POSTING)

48. PERSONAL
FAVORITES

49. VOTING

53. CROWDFUNDING

54. TRANSPARENT
KICKSTARTER

55. WEBPAGE
TRANSLATION

56. MISSION TO MARS

57. GOVERNMENT
ACCOUNTING/
TRANSPARENCY

58. DEGREES AND
CERTIFICATIONS

59. CAR KEYS

60. SCIENTIFIC
RECORDS

61. NUCLEAR
!
LAUNCH CODES

64. IMMEDIATE
FUTURE

65. 3% CREDIT
CARD FEES

66. BANK
MONOPOLY

70. $436 BILLION
IN REMITTANCES

71. GEOGRAPHICAL
AND SOCIAL
MOBILITY

72. WOMEN
EMANCIPATION

73. DEVELOPING
COUNTRIES BECOME
INNOVATORS

74. TECHNOLOGICAL
UNEMPLOYMENT

75. WEALTH
INEQUALITY

78. UNCONDITIONAL
BASIC INCOME

79. A LOT MORE…

80. BEGINNING

81. THE BITCOIN REVOLUTION
Federico Pistono
IT Innovation Day 2014