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Blockchain Comes of Age
Mohannad El-Megharbel
Sr. Manager, Standardization & Technical Aspects
EGYPT
National Telecom Regulatory Authority
1
Filling in the Gap
2
1400s
1700s
1900s
2000s
Knowledge Gap Power Gap Distance Gap Next Gap?
Trust Gap
3
Secure
Shared
Distributed
Ledger
Blockchain
4
Blockchain cont.
Traditional System
Centralized system
with stored ledger
Blockchain System
Distributed system
with distributed ledger
5
Bakr Noha Payment $500
Transaction (Tx)
From: Bakr (0xf5e…)
To: Noha (0x992…)
Amount: 500
Digital signature
0x23e423s3234…
2. Transaction is confirmed
though mining.
3. Confirmed transaction
gets pushed to network
1. Transaction information goes
through hash functions (to secure
it as well as create a time stamp)
Tx
Signature
Tx
Signature
Tx
Signature
Tx
SignatureTx
Signature
Tx
Signature
Tx
Signature
How does it work?
6
Hash Functions
One output for every input
Variable input size turned to fixed output size
7
Aswan  1+19+23+1+14 = 58
Aswan 93A742EF7E5A852855967FFE74CBD83B1E2BD5294633F89816DB2557798BA434
aswan D066CFCDA898BC44A4B884400D521BAB2C82841CC8D33479510F0EAC4DD5D525
Aswan IEEE 02FCCB113478B5DE71645FF28F3A242F7E5B7EE85A310DFD705D3C1E1F6CDA36
Block Header
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Blockchain Comes of Age

  • 1. Blockchain Comes of Age Mohannad El-Megharbel Sr. Manager, Standardization & Technical Aspects EGYPT National Telecom Regulatory Authority 1
  • 2. Filling in the Gap 2 1400s 1700s 1900s 2000s Knowledge Gap Power Gap Distance Gap Next Gap?
  • 5. Blockchain cont. Traditional System Centralized system with stored ledger Blockchain System Distributed system with distributed ledger 5
  • 6. Bakr Noha Payment $500 Transaction (Tx) From: Bakr (0xf5e…) To: Noha (0x992…) Amount: 500 Digital signature 0x23e423s3234… 2. Transaction is confirmed though mining. 3. Confirmed transaction gets pushed to network 1. Transaction information goes through hash functions (to secure it as well as create a time stamp) Tx Signature Tx Signature Tx Signature Tx SignatureTx Signature Tx Signature Tx Signature How does it work? 6
  • 7. Hash Functions One output for every input Variable input size turned to fixed output size 7 Aswan  1+19+23+1+14 = 58 Aswan 93A742EF7E5A852855967FFE74CBD83B1E2BD5294633F89816DB2557798BA434 aswan D066CFCDA898BC44A4B884400D521BAB2C82841CC8D33479510F0EAC4DD5D525 Aswan IEEE 02FCCB113478B5DE71645FF28F3A242F7E5B7EE85A310DFD705D3C1E1F6CDA36
  • 9. 9
  • 10. 10
  • 11. 11
  • 12. 12