Blockchain in Business 2018
•Download as PPTX, PDF•
1 like•435 views
Blockchain technology allows for direct peer-to-peer transactions without an intermediary. It uses cryptography and a digital ledger called a blockchain to securely record transactions. Blockchain has the potential to disrupt many industries by facilitating new types of digital transactions and decentralized organizations. It may transform how value is captured, stored and exchanged online.
Recommended
Recommended
More Related Content
What's hot
What's hot (20)
Similar to Blockchain in Business 2018
Similar to Blockchain in Business 2018 (20)
More from Christian Kameir
More from Christian Kameir (14)
Recently uploaded
Recently uploaded (20)
Blockchain in Business 2018
- 1. BLOCKCHAIN & YOUR BUSINESS
- 2. Dial-Up Days
- 3. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. Satoshi Nakamoto Bitcoin - Whitepaper
- 4. Historic Functions of Money* 1875
- 5. State of Fiat “money”
- 6. COW Problem Sorry, I have nothing smaller!
- 8. What Crypto can Buy
- 10. Blockchain – The Internet of Value Exchange
- 11. Paradigm Shift Application Layer Protocol Layer Application Layer Protocol Layer CapturedValue 2000 | 2010 | 2020 | 2030
- 12. Layer2
- 13. Infrastructure Finance Trading&Investing Communications Payments Data Storage Drugs&Healthcare Gaming&VR Gambling&Betting Commerce&Advertising Data All other* Machine Learning Social Network Privacy & Security Art&Music Identity&Reputation Legal Energy&Utilities Events&Entertainme nt Real Esatte Education Mining * Sector Allocations (2017)
- 14. Smart Contracts
- 17. Oracles
- 18. Sharing Economy ./. Peer-to-Peer
- 19. Identity Protocols General Data Protection Regulation (GDPR) California Consumer Privacy Act Asset Transfer
- 21. Anonymity
- 23. D A O Decentralized Autonomous Organizations Managers Owners Investors CustomersEmployees Suppliers Partners
- 24. Blockchains Eating the World •Stocks •Bonds Securitiz ed Assets •People •Organizations •AI Identity •Energy •Oil •Crops Commodities •Art •Collectibles Non-Fungibles •Fiat Money •Music •Film Digitally Native Assets •Bitcoin •NFTs/ERC721 Blockchain Native Assets
- 25. Questions
- 26. Bitcoin ATMs
- 29. State Laws
- 30. Forking bitcoin $119B bitcoin cash $15 (12%) bitcoin gold $1.4 (1.1%) lightening network your own private BTC country BTC
Editor's Notes
- 1996 Dr. Brent Townshend invented the 56K dial-up modem Shortly after that lots of ‘Internet Companies’ started to appear – if you had a website you called yourself an Internet Company 1998 ISP
- - bitcoin was not the first virtual currency - bitcoin was not the first cryptographic currency First cryptographic currency : DigiCash in 1989 bitcoin first decentralized cryptocurrency Bitcoin whitepaper does not mention ‘blockchain’ – just like Tim Berners-Lee did not mention ‘world wide web’ when creating HTML 8 pages
- William Stanley Jevon, 1875 - same year that Alexander Graham Bell invented the telephone
- Fiat money is a currency without intrinsic value established as money, often times by government regulation. 1792 – Federal Reserve Notes. Nixon 1971. Same Year Germany left Bretton Woods. By 1973, the Bretton Woods ( fixed exchange rate of $35 per ounce) system was replaced de facto by the current regime based on freely floating fiat currencies.
- cryptocurrencies include 6: Bitcoin Cash, Dash, Decred, Litecoin, Monero and Zcash
- Amazon: via BitPay Expedia: via Coinbase
- ‘ FAT Protocol’ term created by Joel Monegro, Union Square Ventures Blog, August 2016
- - Turing: general purpose computer
- Smart contracts allow the performance of credible transactions without third parties. Smart contracts were first proposed by Nick Szabo, who coined the term, in 1994.
- An oracle is an agent that finds and verifies real-world occurrences and submits this information to a blockchain to be used by smart contracts. TYPES: Software; Hardware; Inbound; Outbound
- AirBnb: 9,000 employees Uber: 12,000 employess
- True anonymity requires unlinkability, such that an attacker's examination of the pseudonym holder's message provides no new information about the holder's true name.
- 15 locations in greater San Diego area
- The world's largest futures exchange: Chicago Mercantile Exchange CME, announces it has completed self-certification with the Commodity Futures Trading Commission to launch its bitcoin futures contract on Dec. 18. Several smaller exchanges are already trading bitcoin futures.
- 35% of total – rest (225 raised on average $10MM)