Blockchain; Value Immaterialized

© 2016 Singularity University
Blockchain
A World Without Money
Toni Lane Casserly
Founder, CULTU.RE

@tonilanec www.tonilane.com tlc@cultu.re@tonilanec www.tonilane.com tlc@cultu.re
IN THE
BEGINNING...
THERE WAS ONE.

@tonilanec www.tonilane.com tlc@cultu.re@tonilanec www.tonilane.com tlc@cultu.re

@tonilanec www.tonilane.com tlc@cultu.re@tonilanec www.tonilane.com
tlc@cultu.re@tonilanec www.tonilane.com tlc@cultu.re

@tonilanec www.tonilane.com tlc@cultu.re
● Bitcoin is essentially an open-source internet protocol like TCPIP, or SMTP
○ Digital scarcity: 21m bitcoin in existence
○ Easily replicated: Dynamic new economic models
● Bitcoin is not the “internet”, Bitcoin is the “Internet of Money” and blockchain is the “Internet of Value”
Bitcoin (big B) = the Bitcoin protocol
bitcoin (little b) = bitcoin the store of value
Blockchain = underlying technology

● Peer-to-peer transfer of assets,
ownership, rights
● Solved Double Spend Issue
● Public / Private Key
Cryptography, far more secure
and far less expensive than EVM
chip systems
○ Public transaction history
allows data to be public to
the world at large, like the
internet, while preserving
the privacy & integrity of
individual identities
● Frictionless, low cost payments
requiring only the internet to
work
○ Bitcoin turns days spent
processing payments into
hours, and 3-20% fees into
.01-1%

#28.5 BITCOIN

BITCOIN

BEYOND BITCOIN

MANY CHAINS AND DAPPS

MAX FAIL: 97%

Dotcom
Bubble: 6.7
trillion
Crypto/Blockchain
Bubble: +/- 420
billion
BUBBLE COMPARISON

$2,557,000,000
ICO CAPITAL RAISED
IN 2017

$435,398,501,040
TOTAL MARKET CAP

WEALTH
REDISTRIBUTION

@tonilanec www.tonilane.com tlc@cultu.re@tonilanec www.tonilane.com
tlc@cultu.re

EVERYTHING IS INFORMATION

DATA
=
NON-SCARCE
DIGITAL ASSET

BLOCKCHAIN
=
◇SCARCE
TOKEN SET

HOW CLOSE IS
SCIENCE FICTION TO
REALITY?

WHAT HAPPENS IF
IDENTITY IS
CENTRALLY OWNED?

Examples of Self-Sovereign Identity Principles
● Existence: Users have an independent
existence — they are never wholly digital
● Control: Users must control their
identities, privacy or celebrity as they
prefer
● Access: Users must have access to their
own data — no gatekeepers, nothing
hidden
● Transparency: Systems and algorithms
must be open and transparent
● Persistence: Identities must be long-lived
— for as long as the user wishes
● Portability: Information and services
about identity must be transportable by the
user
● Interoperability: Identities should be as
widely usable as possible; e.g. cross
borders
● Consent: Users must freely agree to how
their identity information will be used
● Minimalization: Disclosure of claims
about an identity must be as few as
possible
● Protection: The rights of individual users
must be protected against the powerful

Decentralized Identifiers
40
Decentralized Identifiers
(Identifiers are owned by individuals)
Blockchains / DHTs
(Decentralized Ledger)
Veres One, Sovrin, Bitcoin, Ethereum, etc.
Issuer
(Website)
Government, Employer, etc.
Verifier
(Website)
Company, Bank, etc.
Holder
(Digital Wallet /
Personal Data Store)
Citizen, Employee, etc.
Issue
Credentials
Present
Profiles

What is a blockchain?
@tonilanec

What are the paradigm shifts this
tech can create?
@tonilanec

1. REDISTRIBUTION OF WEALTH /
DEMONETIZATION OF DEFUNCT CURRENCIES

2. UNIVERSAL ACCESS TO RIGHTS

3. DEMATERIALIZATION OF THINGS

4. DECENTRALIZATION, OR, DEEPER DISTRIBUTION OF POWERS

5. SYSTEMIC RESTRUCTURING OF OWNERSHIP MODELS

– Buckminster Fuller

A WORLD WITHOUT
MONEY
Toni Lane Casserly
Founder, CULTU.RE

TIME FOR
QUESTIONS!

THANK YOU.

@tonilanec - telegram
www.angel.co/theculture
tlc@cultu.re
we are actively recruiting more leaders to join
the movement! reach out!

Blockchain; Value Immaterialized

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