blockchain and bitcoin

1. BLOCKCHAIN AND BITCOIN
PRESENTED BY:
 SACHIN S B
 S GOWTHAMI
 SANA AFREEN
 SANATH C P

2.  Blockchain is a decentralized ledger of all transactions across
a peer-to-peer network. using this technology , participants
can perform transactions without the need for a central
certifying authority. Potential applications include fund
transfers , settling trades , voting and many others.
 Business Networks benefit from connectivity –Connected
 customers, suppliers, banks, partners.
 Wealth is generated by the flow of goods & services
across business network.
 Anything that is capable of being owned or controlled
to produce value, is an asset.
 Two fundamental types of asset –Tangible, e.g. a house
–Intangible e.g. amortgage.
WHAT IS BLOCKCHAIN TECHNOLOGY?

3. HOW BLOCKCHAIN TRANSACTION WORKS

4. USES OF BLOCKCHAIN
 BitPesa
It is a digital foreign exchange and payment platform for frontier markets.
 Storj
It is a crypto currency and digital payment system and isalso a blockchain-based digital storage
and data retrievalmethod.
 Riot Blockchain
Formerly a biotech company called Bioptix, the company rebranded and is now listed on the
NASDAQ exchange under ticker symbol RIOT,making it the first purely Blockchain focused
public US stock.

5.  Golem
Golem is a global, open source, decentralized supercomputer that anyone can access. It is made up
of the combined powerof users’ machines, from PCs to entire data centers.
 Open Bazaar
It is one of the first marketplaces that accepts cryptocurrency for transactions. Think of it like a
hybrid of eBay and Etsy that runs on cryptocurrency and charges nofees.
 Chronicled
The coolest features allow for better supply chain controland management and anti-fraud
opportunities to protect brand integrity around the world.
USES OF BLOCKCHAIN

6. ADVANTAGES OF
BLOCKCHAIN
 Transparency
Users or developers have the opportunity to
modify it as they see fit. This makes
blockchain a particularly secure technology.
 Reduced transaction costs
Blockchain allows peer-to-peer and business-
to- business transactions to be completed
withoutthe need for a third party. it means they
can actually reduce costs to the user or
businesses overtime.

7. Faster transaction settlements
Blockchain technology is working 24hours a day,
seven days a week, meaning blockchain-based
transactions process considerably morequickly.
Decentralization
Blockchain actually allows individual
transactions to have their own proof of validity
and the authorization to enforce those
constraints.
ADVANTAGES

8. DISADVANTAGES OF
BLOCKCHAIN

9. REAL-WORLD APPLICATIONS
OF
BLOCKCHAIN TECHNOLOGY
•BURSTIQ
• Industry: Healthcare
• Location: Denver, Colorado
• How it's using blockchain: BurstIQ’s big data blockchain
contracts help patients and doctors securely transfer sensitive
medical information. The smart contracts establish the
parameters of what data can be shared and even displays
details of personalized health plans for each patient.

10. REAL-WORLD APPLICATIONS
OF
BLOCKCHAIN TECHNOLOGY
•PROPY
• Industry: Real Estate
• Location: Palo Alto, California
• How it's using blockchain: Propy is a global real estate
marketplace with a decentralized title registry system. The
online marketplace uses blockchain to make title issuance
instantaneous and even offers properties that can be purchased
using cryptocurrency.

11. REAL-WORLD APPLICATIONS
OF
BLOCKCHAIN TECHNOLOGY
•MEDIACHAIN
• Industry: Music
• Location: New York, New York
• How it's using blockchain: Mediachain uses smart contracts to
get musicians the money they deserve. By entering into a
decentralized, transparent contract, artists can agree to higher
royalties and actually get paid in full and on time. Streaming
giant Spotify acquired Mediachain in April 2017.

13. BITCOIN

14.  Bitcoin is a peer-to-peer payment system introduced as open source software in 2009 by
developer Satoshi Nakamoto . Bitcoins are alternatively referred as a virtual currency.
Bitcoin was first mentioned in a 2008 paper published under the name Satoshi
Nakamoto

18. Is Bitcoin the Future, Really?
Price volatility isn’t all you need to worry about in this hyped-
up market. Since bitcoin largely exists outside government
regulation, it poses more risk than dealing with government
currency and other asset classes. However, it isn’t hard to sell
or buy and you can make a limited amount of purchases.
If you decide to dabble in bitcoin, classify it under your high-
risk, high-reward portfolio. You can reap huge profits in the
short-term and lose heavily if the value drops. Understand that
bitcoin is a relatively new technology, and even futurists aren’t
sure about its fate. Use the philosophy “buyer beware” when
investing in bitcoin.