What is Blockchain
Technology
Class Presentation
Group Members
Abdullah Ghazi
Muhammad Khalil
Table Of Content
 Introduction
 History of blockchain
 What is distributed ledger?
 Networks of blockchain
 Benefits of blockchain
 Disadvantages of blockchain
 Future of blockchain
What is blockchain
technology?
Introduction:
 Blockchain technology is most simply
defined as a decentralized, distributed ledger
where each node in network has access to
the data or record stored in blockchain.
Exaplanation
 The encryption of all important data records
in the blockchain is done by using
cryptographic techniques.
What is blockchain
technology?
 Blockchain is the system of recording
information in a way that makes difficult to
change hack or cheat the system.
 The decentralized database managed by
multiple participants is known as
Distributed ledger technology.
History of Blockchain
 1991-Work on a seccured chain of blocks
described by stuart haber and w.scott
Stornetta
 2008-Implementaion of blockchain
concept by satoshi Nakomoto as a core
component of the digital currecy Bitcion
What Is Distributed Ledger??
 A distributed ledger is a shared ledger
that is not controlled by a central
administrator
 A distributed ledger is decentralized by
nature.
 Acts as a database for financial, Physical
and electronic or legal assets.
What Is Distributed Ledger??
 It can be shared across a network of
computers and each node will receive an
identical copy , as distributed ledger is
always updated in real time.
 A distributed ledger is a consensus of
replicated shared and synchronized digital
data geographically spread across
multiple sites and countries.
Blockchain Networks
 Centralized and Decentralized
Blockchain Networks
Centralized
 Example: Wikipedia
 Organizations using: IBM
Decentralized
 Example: Bitcion
 Organizations using:
 Bitcion and Tor network
Blockchain Networks
Distributed
 Every node independent and
interconnected with each other.
 Example
 Google
 Organizations using;
 Apple, Google and Facebook
Benefits Of Blockchain
Technology
Efficiency
 Blockchain removes the needs for middleman
in many processes for field such as payment
and real estate.
 As compared to traditional financial services
blockchain facilitates faster transaction by
allowing cross border transfer with digital
currency.
Benefits Of Blockchain
Technology
 Security and Traceability:
 Blockchain is more secure than other record
keeping system because each transaction is
linked to previous transactions.
 It is safe from falsified information and hacks.
 Blockchain an audit trail is present to trace
from where goods came this help to improve
security and fraud in exchange.
How Does Blockchain Work: A
A-Step-by-Step-view
Disadvantages Of The
Blockchain
Slower process:
 Blockchain can slow down when there are
too many users on network.
High energy consumption:
 Some solution consume too much energy.
High cost:
 Block chain implementation is a costly
process.
Disadvantages Of The
Blockchain
Hard to sale:
 Blockchain are hard to sale due to their
consensus method.
Data is immutable
 Blockchain cannot go back as data is
immutable.
Still not mature
 It still a long ways go before it matures
and get standardized.
Future of Blockchain
Use in Digital Advertising:
 Presently digital advertising faces a lot of
challenges like domain fraud, long
payments models due to the issues like
incentives are not affiliated.
 Blockchain has provide a solution.
 Blockchain allows right company to
succeed by decreasing the bad players in
supply chain.
Future of Blockchain
Use in Supply chain Management:
 Blockchain helps to minimize human errors
and time delays.
 It is also used monitor costs employment
and release at each point of supply chain .
 This has serve effect for understanding the
actual impact of products.
Thank You

Introduction To Blockchain.pptx

  • 2.
    What is Blockchain Technology ClassPresentation Group Members Abdullah Ghazi Muhammad Khalil
  • 3.
    Table Of Content Introduction  History of blockchain  What is distributed ledger?  Networks of blockchain  Benefits of blockchain  Disadvantages of blockchain  Future of blockchain
  • 4.
    What is blockchain technology? Introduction: Blockchain technology is most simply defined as a decentralized, distributed ledger where each node in network has access to the data or record stored in blockchain. Exaplanation  The encryption of all important data records in the blockchain is done by using cryptographic techniques.
  • 5.
    What is blockchain technology? Blockchain is the system of recording information in a way that makes difficult to change hack or cheat the system.  The decentralized database managed by multiple participants is known as Distributed ledger technology.
  • 6.
    History of Blockchain 1991-Work on a seccured chain of blocks described by stuart haber and w.scott Stornetta  2008-Implementaion of blockchain concept by satoshi Nakomoto as a core component of the digital currecy Bitcion
  • 7.
    What Is DistributedLedger??  A distributed ledger is a shared ledger that is not controlled by a central administrator  A distributed ledger is decentralized by nature.  Acts as a database for financial, Physical and electronic or legal assets.
  • 8.
    What Is DistributedLedger??  It can be shared across a network of computers and each node will receive an identical copy , as distributed ledger is always updated in real time.  A distributed ledger is a consensus of replicated shared and synchronized digital data geographically spread across multiple sites and countries.
  • 9.
  • 10.
    Blockchain Networks Centralized  Example:Wikipedia  Organizations using: IBM Decentralized  Example: Bitcion  Organizations using:  Bitcion and Tor network
  • 11.
    Blockchain Networks Distributed  Everynode independent and interconnected with each other.  Example  Google  Organizations using;  Apple, Google and Facebook
  • 12.
    Benefits Of Blockchain Technology Efficiency Blockchain removes the needs for middleman in many processes for field such as payment and real estate.  As compared to traditional financial services blockchain facilitates faster transaction by allowing cross border transfer with digital currency.
  • 13.
    Benefits Of Blockchain Technology Security and Traceability:  Blockchain is more secure than other record keeping system because each transaction is linked to previous transactions.  It is safe from falsified information and hacks.  Blockchain an audit trail is present to trace from where goods came this help to improve security and fraud in exchange.
  • 14.
    How Does BlockchainWork: A A-Step-by-Step-view
  • 15.
    Disadvantages Of The Blockchain Slowerprocess:  Blockchain can slow down when there are too many users on network. High energy consumption:  Some solution consume too much energy. High cost:  Block chain implementation is a costly process.
  • 16.
    Disadvantages Of The Blockchain Hardto sale:  Blockchain are hard to sale due to their consensus method. Data is immutable  Blockchain cannot go back as data is immutable. Still not mature  It still a long ways go before it matures and get standardized.
  • 17.
    Future of Blockchain Usein Digital Advertising:  Presently digital advertising faces a lot of challenges like domain fraud, long payments models due to the issues like incentives are not affiliated.  Blockchain has provide a solution.  Blockchain allows right company to succeed by decreasing the bad players in supply chain.
  • 18.
    Future of Blockchain Usein Supply chain Management:  Blockchain helps to minimize human errors and time delays.  It is also used monitor costs employment and release at each point of supply chain .  This has serve effect for understanding the actual impact of products.
  • 19.