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© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
Distributed:Health — October 2016
B L O C K C...
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
BLOCKCHAIN
101
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
WHAT ARE BLOCKCHAINS?
HOW DO THEY WORK?
9 FACTORS OF BLOCKCHAIN
bloq.com
Trust Shifting Decentralization Automation
Cryptography Permission-less Validity
Immutabi...
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
BLOCKCHAINS ARE
NETWORKS
Like the Internet, b...
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
BLOCKCHAINS ARE
DISTRIBUTED, IMMUTABLE
DATABA...
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
They contain an historic
record of every tran...
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
They are resilient due to network
power and c...
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
The distributed computing power provides
cert...
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
PERMISSIONED CHAINS =

SYNDICATE
bloq.com
PUB...
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
WHAT PROBLEMS CAN
BLOCKCHAINS SOLVE?
HOW DO T...
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
Creating “Digital Scarcity”: making it extrem...
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
Civics 101: Neutral ground, a level playing fi...
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
OPPORTUNITIES THAT ARISE
FROM THIS TECHNOLOGY
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
Blockchains as public
technology infrastructu...
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
Patient-centric data (self sovereign)
Paradox...
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
WHAT PROBLEMS DO

BLOCKCHAINS CREATE?
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
No real world identity: information only
Owne...
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
QUESTIONS?
© Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com
Thank You!
Jeff Garzik
Co-Founder | jeff@bloq...
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Blockchain 101 - Distributed:Health

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A presentation on Blockchain 101, an introduction and pragmatic primer on this new innovative technology.

Published in: Economy & Finance

Blockchain 101 - Distributed:Health

  1. 1. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com Distributed:Health — October 2016 B L O C K C H A I N 1 0 1 www.bloq.com
  2. 2. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com BLOCKCHAIN 101
  3. 3. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com WHAT ARE BLOCKCHAINS? HOW DO THEY WORK?
  4. 4. 9 FACTORS OF BLOCKCHAIN bloq.com Trust Shifting Decentralization Automation Cryptography Permission-less Validity Immutability Uniqueness Authentication MACHINE TO MACHINE PKI LIKE THE INTERNET CONTINUAL SYSTEM SELF & CROSS CHECKING NO REWRITES NO DOUBLE SPENDING EVERY ACTION IS 
 AUTHENTICATED
  5. 5. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com BLOCKCHAINS ARE NETWORKS Like the Internet, blockchain value
 derives from network participants. bloq.com
  6. 6. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com BLOCKCHAINS ARE DISTRIBUTED, IMMUTABLE DATABASES They are technological infrastructure. bloq.com
  7. 7. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com They contain an historic record of every transaction and are easily auditable bloq.com
  8. 8. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com They are resilient due to network power and cryptographic integrity bloq.com
  9. 9. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com The distributed computing power provides certainty (via proof of work) to the data via “confirmations” of transactions and a large economic disincentive for malicious actors bloq.com
  10. 10. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com PERMISSIONED CHAINS =
 SYNDICATE bloq.com PUBLIC BLOCKCHAINS = THE INTERNET PRIVATE CHAINS = AN INTRANET
  11. 11. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com WHAT PROBLEMS CAN BLOCKCHAINS SOLVE? HOW DO THEY SOLVE THEM?
  12. 12. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com Creating “Digital Scarcity”: making it extremely difficult (practically impossible) to double spend Creating immutability: blockchains are unalterable historic records DIGITAL UNCERTAINTY / DUPLICITY – THE “DOUBLE SPEND” PROBLEM – bloq.com
  13. 13. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com Civics 101: Neutral ground, a level playing field. A “trust-shifted” system: removing the requirement for an arbitrator for settlement.
 
 No need to trust owner of the remote computer
 (such as a clearinghouse). 3RD PARTY & COUNTERPARTY DEPENDENCY – THE “TRUST” PROBLEM – bloq.com
  14. 14. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com OPPORTUNITIES THAT ARISE FROM THIS TECHNOLOGY
  15. 15. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com Blockchains as public technology infrastructure: a greenfield platform for innovation. 
 Blockchain technology allows for the creation of notarised unalterable “fingerprints” of files, which is a great tool for open, secure and permanent record keeping, with real-time auditing. bloq.com Blockchain digital currencies can be used as secure tokens for any asset 
 Programmable contracts (smart contracts) that can interact with blockchains, or even run on them (eg: Ethereum), allow you to combine record keeping and asset transfer in one application. 
 And More....
  16. 16. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com Patient-centric data (self sovereign) Paradox:
 Transparency and data access vs. privacy (HIPAA) Claims processing- months! Secure, multi-party write access Multi-party, multi-step payouts bloq.com Interoperability - EHR/EMR Provider credentialing and enrollment Transferring provider from state- to-state: Slow, painful (DEA numbers) Audit trails
  17. 17. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com WHAT PROBLEMS DO
 BLOCKCHAINS CREATE?
  18. 18. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com No real world identity: information only Ownership becomes a matter of what you know, not what you have Novel asset forms are bitcoins a security, commodity, money, etc? 
 What does this mean for regulators/audit/etc ubiquitous liquidity: fixed assets embodied in divisible crypto-tokens Crypto-tokens are superseding traditional regulatory frameworks Legal sovereignty no longer a necessary requirement to produce a currency Borderless asset transfer Smart contracts are incoercible potentially in contempt of court a new legal infrastructure bloq.com
  19. 19. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com QUESTIONS?
  20. 20. © Bloq, Inc. Strictly Private and Confidential. All Rights Reserved. bloq.com Thank You! Jeff Garzik Co-Founder | jeff@bloq.com WeChat/Twitter | @JGarzik Matthew Roszak Co-Founder | matt@bloq.com WeChat/Twitter | @MatthewRoszak Enterprise Grade Blockchain

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