This document provides an overview of blockchain technology and its potential to disrupt several industries such as banking, remittances, and vendor payments. It discusses how blockchain uses distributed storage across many nodes, consensus algorithms like proof-of-work, and cryptography to enable open and anonymous transactions. The document also outlines several potential applications of blockchain like digital identity management, machine-to-machine payments, decentralized governance models, notary services, and smart legal contracts. In closing, it notes that blockchain has the potential to transform and decentralize how all human activity is conducted in a way that enhances values like liberty, equality, and innovation.

1. BLOCKCHAIN
TRUST DISTRUPTED
Lasha Antadze

2. GENESIS
It’s an ivention not a discovery!

3. 2008 2016
Storage Governance Incentive Accessibility ID Management Development
BLOCKCHAINDistributed ledger technology
Data Consensus Reward Transaction open Anonymous
Cryptography

4. BITCOIN NODES 5355

5. DISRUPT:
Banking services market
2 bn individuals worldwide without access to banking, financial, credit services
Remittances market
$4 tn global market, 5-30% transaction fee; immediate funds transfer solution
Vendor payments market
1-3% merchant transaction fee
Hack-able ‘honey pot’ identity databases

6. Storage Many nodes Miners
Governance Consensus POW
Incentive Cryptoeconomics Bitcoin
Accessibility Open Public Chain
Identity Anonymity PPK
Development Opensource Community
Satoshian view:
Bit
Bang!
Disrupt monopoly

7. BITCOIN NETWORK

8. Bitcoin radicals
CRYPTO CIVIL WAR
Altchain Prophets
Bit of blockchain
ICO magicians
Fraud!
Sidechain pitchers
Private boys

9. DISRUPTION

10. ECOSYSTEM
Dapps
M2M
IOT 2020: 26 bn devices in a $7 tn market The economic layer the web never had
Discovery

11. Opt-in Personalized Government
Reputation-based ID system, voting, dispute resolution, national income distribution,
public documents registration and repository
Governance
Self-directed community
Crypto economics
Crowdsourced legal services, justice entrepreneurs, blockchain arbitration
Futarchy, two-step program
Traditional vote on outcomes (ex: GDP)
Prediction markets to determine specific proposals for achieving the outcome
Delegative democracy (Liquid Democracy)
Voting power temporarily vested in delegates not long-term representatives
Group proposition development
Random Sample Elections
Randomly selected individuals vote on a single issue, blockchain orchestration
GOVERNANCE:

12. Notary Service, Attestation
Register contracts, agreements, wills (Proof of Existence, Factom)
Register, protect, and transact IP (Monegraph, Ascribe)
How it works
Hash + timestamp + blockchain record
BLOCKCHAIN LEGAL: Smart Contract Law Firm?

13. BLOCKCHAIN
Blockchain technology, cryptocurrencies, and smart contracts are
truly a new kind of thing…technically, conceptually, structurally,
and socially…with tremendous potential to decentralize and
transform the manner in which we conduct all activity…
to realize futures that are more efficient and participative, scalable
at a planetary level, and enhancing of core values such as liberty,
equality, and innovation
Some unfamous person