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Blockchain.
George Papageorgiou
Faculty, University of Nicosia, MSc in Digital Currency
Partner, Astratum Blockchain Technology Services
A Blockchain is a
decentralized data
structure that allows
participants to
transact directly with
each other and
stores the state and
history of participants’
transactions
Just like the internet,
all over again
Just like the internet allows us to communicate in a direct and immediate manner
with minimum intermediaries;
Blockchain technology allows us to transact in a direct and immediate manner,
with minimum intermediaries, on a distributed trustless ledger
page
03
Key
Features
page
04
01Distributed
Trust
04Configurable
Privacy
02Transparent
05Immutable
03Permissionless
06Direct (P2P)
Same-same,
but different, Thai sales proverb
page
05
New realities and
business models
Old rulebook
Uncomfortable
blue ocean
Convenient
waters
Cryptographic
Currencies
Industrial
Process Tool
Disruptive
Revolution
Incremental
Innovation
Paradigm Shift Competitive Advantage
Key
Benefits
page
06
Disintermediation
Less systemic risks
More Security
More Automation
• Increased Efficiency
• Decreased costs
• Faster processing
• Increased Transparency
• Improved Risk Diversification
• Automated Regulatory Oversight
• Cryptographically secured/validated
• Accountability and provenance
• Internal record keeping
• Documentation processing
• Ownership tracking
• Multiparty process compatibility
• M2M and AI on the Internet (IOT)
Ready or not,
here they come…
Thank you.
george@astratum.com

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