Introduction to basic concepts of blockchain technologies oriented to non-technical audience, explaining in simple terms the capabilities and potential applications of the technology, created by Miguel Neumann for the launch of the Swisscom sponsored Blockchain Meetup in Zurich, for DXMarkets.

1. An introduction to Blockchain

2. 2
“you don’t need to know
about internal combustion
in order to drive a car”
anonymous

3. 3
Blockchain
An introduction to

4. 4
Blockchain is a robust platform that allows parties
to transact in a safe and secure way, at lower costs
than it was ever possible.
Resilience, Safety & Cost Efficiency

5. 5
Distributed systems
are more robust than
centralised ones.
A single server can fail
or be damaged, whereas
shutting off a whole
network requires
significantly more effort.
Resilience
D I S T R I B UT ED
Safety
ENCR Y P T ED
The cryptographic
protocol of Blockchain
enables unknown parties
to transact securely,
eliminating the need for
trusted intermediaries.
Cost Efficiency
L O W F R I CT I O N
Blockchain’s architecture
leverages modern technologies to
lower costs dramatically,
particularly on global
transactions.

6. 6
Next
Transaction
Previous
network
validated
transaction
Current
transaction
Chain of sequentially
validated transactions
Validation network

7. 7
CENTRALISED
AUTHENTICATION
DISTRIBUTED
AUTHENTICATION
Institutions validate
allowing transactions
to take place
Network consensus
automatically allows
valid transactions

8. 8
This was not
that long ago!
Martin Cooper, DynaTac inventor

9. 9
Opportunities
Blockchain

10. 10
Consolidated
Wallets
Low-friction systems enable
management of a variety of assets
through a single account:
money, telephone airtime,
loyalty points or ownership
of your home can be
integrated seamlessly.

11. 11
Better Financing
Self executing contracts
facilitate multiple ownership
of large, illiquid assets.
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Corporate finance can be
available to small & medium
sized businesses

12. 12
Self executed smart
contracts remove the need
for intermediation.
More Trust
Cryptography mitigates
potential counterfeiting risks
Record immutability enables
full bookkeeping auditability

13. 13
Blockchain allows small
businesses to transact globally
on par with large players
Equal
Opportunities
Mobile wallets allow
payments in regions were
banking is unavailable
Picture Credit: Sven Torfinn / Oxfam

14. 14
Blockchain technologies can correct flaws and
remove limitations from how we transact

15. 15
“You should be taking
this technology as
seriously as you should
have been taking the
development of the
Internet in the early
1990s”
Blythe Masters, inventor of CDS

16. 16
Questions?
W W W . D X M A R K E T S . C O M
M I G U E L . N E U M A N N @ D X M A R K E T S . C O M