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PUBLIC USE
José Luis Núñez (@jota_ele_ene)
30.09.2019
A talk about
blocks and chains
Blockchain in 10 slides
PUBLIC USE
PUBLIC USE
i) An expanding-only set of cryptographically signed irrevocable transactional
records shared by all participants in a network
(ii) A decentralized record of info (append-only) pre-agreed by the participants
in a network and difficult to tamper with (or retrospectively change)
What is Blockchain?
Just a technology
Cryptography-based
Both to secure
identities for signing
transactions and
ensure nobody can
change the history
Timestamped
All the stored
information is recorded
including timestamps of
when that info was
recorded
Enterily decentralised
There as many copies of
the recorded information
as members in the
network, avoiding any
single or central point
and becoimng
administrator-free
networks
Consensus
Before record any
transaction, a
confirmation and pre-
agreement from the
majority of the
participants is required
PUBLIC USE
Photo by Christian Fregnan on Unsplash
PUBLIC USE
How it Works?
Bitcoin explained: https://www.youtube.com/watch?v=SzAuB2FG79A
See how it Works at https://anders.com/blockchain/blockchain.html
4
PUBLIC USE
Tamperable
+
Centralized
Trust but Verify,
requiring
intermediaries
Inmutable
+
Distributed
Trusted, inmediately
recorded and easily
available
5
PUBLIC USE
Transparency
Every participant knows
what’s happening in the
network. Once info is
recorded anyone can verify it
Immutability
Massive replication of
information cryptographically
signed and recorded makes
extremely difficult to
retrospectively change
Self-audited
Decentralization plus consensus
about the transaction to be
recorded removes the need of
central authorities that certifies
TRUST
We create Trusted
ecosystems where I can trust
anyone being part of it even if
I don’t know or trust her in a
bilateral relationship
Beyond technology, blockchain brings us…
The values of Blockchain
6
PUBLIC USE
A database ..
What isn’t?
.. to store your own information
securitized because of the use of
cryptography and decentralization
Photo by Anto Fredric on UnsplashPhoto by Anto Fredric on Unsplash
7
Photo by DJ Paine on Unsplash
Blockchain is not a unique source of truth
Proof vs. Truth
Blockchain helps in proving that something
was entered on the network by someone at
a certain time, but that is not necessarily the
truth
8
PUBLIC USE
8
Actually, I don’t care untamperability, full decentralisation, start
working with 20+ different partners or join a consortium, etc.
I just need to audit & prove easily that something happened without
the need for a trusted 3rd. Party to guarantee it …
… and get benefits from that
Nobody really needs a blockchain for whatever
The harsh reality
• What are the customers doing with Blockchain?
• What are they telling us?
• What technologies are they experimenting with?
• Are they setting-up consortia?
• Have they gone live?
• Are they planning doing in the next months?
INSERT TYPE OF SECURITY USE
Photo by Ricardo Gomez Angel on Unsplash
9
Companies are entering Blockchain following the innovation stages
Use cases
Bitcoin &
ICOs
Cryptocurrencies is
the first and
actually unique
success case for
Blockchain
Proof of X
Get Benefit from
immutability to
demonstrate
something
happened
(provenance
certification,
education, legal
files, etc.)
,
Smart
Contracts
Add programmable
business rules that
acts as triggers to
take actions (SLAs,
insurances,
result-driven funds,
etc.)
Assets
Management
Create a digital
asset and related
transacctions that
register atributes
updates like owner
or location (Supply
chain, logistics,
food traceability,
etc.)
Tokenization
Create digital
representations of
anything valuable
(phisical godos,
fine arts, legal or
ownership rights)
that can be divided
infinitely and
transmitted with
customized rules.
The future
We can’t even
imagine how
blockchain can
reimagine the way
we do business
PUBLIC USE
IMPROVE
Same things
Same ways
But better
TRASFORMATION
Same things
New ways
DISRUPT
New things
New markets
10
The Blockchain Learning Path
PLATFORM PROTOCOLS MARKETPLACE
INDUSTRY 1
PLATFORM PROTOCOLS MARKETPLACE
INDUSTRY 2
PLATFORM PROTOCOLS MARKETPLACE
INDUSTRY 3
PUBLIC USE
11
By 2021, 90% of current enterprise blockchain
platform implementations will require replacement
within 18 months to remain competitive, secure and
avoid obsolescence, according to Gartner, Inc.
https://www.gartner.com/en/newsroom/press-releases/2019-07-03-gartner-
predicts-90--of-current-enterprise-blockchain
Why haven't we embraced it unreservedly yet?
Where we are?
12
Ask you how much can you retain?
What does the future look like?
PUBLIC USE
IDC: European Blockchain Spending
to Grow to $4.9 Billion by 2023,
growing at a CAGR of 65.1%
Blockchain in 10 slides

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Blockchain in 10 slides

  • 1. PUBLIC USE José Luis Núñez (@jota_ele_ene) 30.09.2019 A talk about blocks and chains Blockchain in 10 slides PUBLIC USE
  • 2. PUBLIC USE i) An expanding-only set of cryptographically signed irrevocable transactional records shared by all participants in a network (ii) A decentralized record of info (append-only) pre-agreed by the participants in a network and difficult to tamper with (or retrospectively change) What is Blockchain? Just a technology Cryptography-based Both to secure identities for signing transactions and ensure nobody can change the history Timestamped All the stored information is recorded including timestamps of when that info was recorded Enterily decentralised There as many copies of the recorded information as members in the network, avoiding any single or central point and becoimng administrator-free networks Consensus Before record any transaction, a confirmation and pre- agreement from the majority of the participants is required PUBLIC USE Photo by Christian Fregnan on Unsplash
  • 3. PUBLIC USE How it Works? Bitcoin explained: https://www.youtube.com/watch?v=SzAuB2FG79A See how it Works at https://anders.com/blockchain/blockchain.html
  • 4. 4 PUBLIC USE Tamperable + Centralized Trust but Verify, requiring intermediaries Inmutable + Distributed Trusted, inmediately recorded and easily available
  • 5. 5 PUBLIC USE Transparency Every participant knows what’s happening in the network. Once info is recorded anyone can verify it Immutability Massive replication of information cryptographically signed and recorded makes extremely difficult to retrospectively change Self-audited Decentralization plus consensus about the transaction to be recorded removes the need of central authorities that certifies TRUST We create Trusted ecosystems where I can trust anyone being part of it even if I don’t know or trust her in a bilateral relationship Beyond technology, blockchain brings us… The values of Blockchain
  • 6. 6 PUBLIC USE A database .. What isn’t? .. to store your own information securitized because of the use of cryptography and decentralization Photo by Anto Fredric on UnsplashPhoto by Anto Fredric on Unsplash
  • 7. 7 Photo by DJ Paine on Unsplash Blockchain is not a unique source of truth Proof vs. Truth Blockchain helps in proving that something was entered on the network by someone at a certain time, but that is not necessarily the truth
  • 8. 8 PUBLIC USE 8 Actually, I don’t care untamperability, full decentralisation, start working with 20+ different partners or join a consortium, etc. I just need to audit & prove easily that something happened without the need for a trusted 3rd. Party to guarantee it … … and get benefits from that Nobody really needs a blockchain for whatever The harsh reality • What are the customers doing with Blockchain? • What are they telling us? • What technologies are they experimenting with? • Are they setting-up consortia? • Have they gone live? • Are they planning doing in the next months? INSERT TYPE OF SECURITY USE Photo by Ricardo Gomez Angel on Unsplash
  • 9. 9 Companies are entering Blockchain following the innovation stages Use cases Bitcoin & ICOs Cryptocurrencies is the first and actually unique success case for Blockchain Proof of X Get Benefit from immutability to demonstrate something happened (provenance certification, education, legal files, etc.) , Smart Contracts Add programmable business rules that acts as triggers to take actions (SLAs, insurances, result-driven funds, etc.) Assets Management Create a digital asset and related transacctions that register atributes updates like owner or location (Supply chain, logistics, food traceability, etc.) Tokenization Create digital representations of anything valuable (phisical godos, fine arts, legal or ownership rights) that can be divided infinitely and transmitted with customized rules. The future We can’t even imagine how blockchain can reimagine the way we do business PUBLIC USE IMPROVE Same things Same ways But better TRASFORMATION Same things New ways DISRUPT New things New markets
  • 10. 10 The Blockchain Learning Path PLATFORM PROTOCOLS MARKETPLACE INDUSTRY 1 PLATFORM PROTOCOLS MARKETPLACE INDUSTRY 2 PLATFORM PROTOCOLS MARKETPLACE INDUSTRY 3 PUBLIC USE
  • 11. 11 By 2021, 90% of current enterprise blockchain platform implementations will require replacement within 18 months to remain competitive, secure and avoid obsolescence, according to Gartner, Inc. https://www.gartner.com/en/newsroom/press-releases/2019-07-03-gartner- predicts-90--of-current-enterprise-blockchain Why haven't we embraced it unreservedly yet? Where we are?
  • 12. 12 Ask you how much can you retain? What does the future look like? PUBLIC USE IDC: European Blockchain Spending to Grow to $4.9 Billion by 2023, growing at a CAGR of 65.1%

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