Blockchain is in our hands. Popular today, but also looked at as the future. A job in blockchain may be lucrative. Businesses are using blockchain experts to assist save expenses. New companies outside of main industries are exploring Blockchain. Let's see how we'll use Blockchain technology here.
Digital Currencies- Block chain, Cryptocurrencies and Bitcoin Sai P Mishra
Digital currency is a money balance recorded electronically on a stored-value card or other devices. It exhibits properties similar to physical currencies, but can allow for instantaneous transactions. Digital Currencies like blockchain, bit coin, etherium are emerging and has great future.
How Blockchain Is Different From Cryptocurrency?Endive Software
Yes, there are some differences, but at the core Blockchain and Cryptocurrency are interconnected. Bitcoin (Cryptocurrency) is the first and most successful application of Blockchain. Initially, they were used interchangeably, but with advancement, some differences can be noticed.
Blockchain is in our hands. Popular today, but also looked at as the future. A job in blockchain may be lucrative. Businesses are using blockchain experts to assist save expenses. New companies outside of main industries are exploring Blockchain. Let's see how we'll use Blockchain technology here.
Digital Currencies- Block chain, Cryptocurrencies and Bitcoin Sai P Mishra
Digital currency is a money balance recorded electronically on a stored-value card or other devices. It exhibits properties similar to physical currencies, but can allow for instantaneous transactions. Digital Currencies like blockchain, bit coin, etherium are emerging and has great future.
How Blockchain Is Different From Cryptocurrency?Endive Software
Yes, there are some differences, but at the core Blockchain and Cryptocurrency are interconnected. Bitcoin (Cryptocurrency) is the first and most successful application of Blockchain. Initially, they were used interchangeably, but with advancement, some differences can be noticed.
Block Chain as a Platform February 2015 - LERNER ConsultingLERNER Consulting
Block chains are part of the underlying infrastructure for Bitcoins. They are the accounting portion of the bitcoin ecosystem. The art of the possible for block chains is to use them for a larger ledger systems.
Any digital centralized registry (e.g., health records) can be made a part of the block chain system. Much like public and private cloud infrastructure has arisen, block chain as a platform is an emerging opportunity for entrepreneurs and innovator.
A guest lecture delivered by Dr Farrukh Habib at INCEIF, Kuala Lumpur, on 22nd March, 2018.
Dr Farrukh Habib is an expert in sharia and Islamic finance. He is a adviser, researcher and trainer. He is keen interest in FinTech.
How is blockchain affecting nonprofits, NGOs, social enterprise, and other organizations creating positive impact -- right now? This presentation gives examples and use cases, as well as resources and tools you can use to stay updated on trends in blockchain and other emerging technology.
Presented at Better World Day 2019 in Cleveland, OH by Amy Neumann, founder and executive director of the 501(c)3 nonprofit, Free Tech for Nonprofits.
Most of the people have now gone online for making a purchase. All these factors have made digital marketing a growing field. But it does need some improvements. What if we have a blend of Blockchain technology and digital marketing. Companies are now actively looking for Blockchain and digital marketing professionals
Blockchain Projects - Core Pillars of Shipping Product, Feb 2018🔗Audrey Chaing
Thinking about building a blockchain project? What are the top areas of concern to ensure a successful ICO? Learn from founders and investors, lawyers, engineers, and marketing experts. From a talk given at Team Block Society.
This provides a deep intro to the blockchain technology, and explores several use-cases within healthcare where it could lead to disruption and add value
How companies are leveraging blockchain in supply chainsBlockchain Council
It won't be wrong to say here that most of the industries are now considering Blockchain as a panacea for different sectors. Well, it's a fact that Blockchain has emerged a trendsetter in the field of technology. It is the harbinger of new-age business operations which are transparent, more efficient and secure. Blockchain developers across the world are working on improvising on how they can leverage Blockchain technology to enhance the efficacy of the supply chain system.
Cryptocurrencies: The Mechanics Economic and FinanceErnie Teo
Presented at the INAUGURAL CAIA-SKBI CRYPTOCURRENCY CONFERENCE 2014 on 04 November 2014 held at the Singapore Management University
This talk gives a general overview of Bitcoin and other cryptocurrencies.
Getting Started with Blockchain Development: The Complete GuideBpointerTechnologies
According to its official definition, blockchain is a distributed, decentralised public ledger. As a result, Blockchain is fundamentally a tool for keeping records. You can keep track of assets and record transactions using Blockchain.
CryptoCurrency is one of the hottest ways to make money right now!
You cannot escape hearing about Bitcoin and all the other CryptoCurrencies and how people are making tons of money buying, holding, and selling CryptoCurrency.
Would you like to join an exclusive group of people in the know of the hottest new market almost nobody knows? You can, with this Cryptocurrency Secrets eBook.
From Coinbase to Electrum, these 7 crypto wallet apps are the next big thing in the crypto world right now. This blog will demonstrate these apps’ functionalities.
How Blockchain Is Impacting Business Right Now - Amy Neumann Power Hour CLE A...Resourceful Nonprofit
What is blockchain?
What are examples of how blockchain is being used for business?
Will blockchain impact my business?
What can I learn and do right now for my business?
Presented by Amy Neumann at Power Hour CLE August 22, 2019. #Cleveland #blockchain
At Blockchain Council, you will not only get information about Blockchain but also about the implementation of this technology in different fields. With this certification program which is specially designed for the financial system, you can easily pick up how to use Blockchain technology for KYC and other aspects of banking.
Block Chain as a Platform February 2015 - LERNER ConsultingLERNER Consulting
Block chains are part of the underlying infrastructure for Bitcoins. They are the accounting portion of the bitcoin ecosystem. The art of the possible for block chains is to use them for a larger ledger systems.
Any digital centralized registry (e.g., health records) can be made a part of the block chain system. Much like public and private cloud infrastructure has arisen, block chain as a platform is an emerging opportunity for entrepreneurs and innovator.
A guest lecture delivered by Dr Farrukh Habib at INCEIF, Kuala Lumpur, on 22nd March, 2018.
Dr Farrukh Habib is an expert in sharia and Islamic finance. He is a adviser, researcher and trainer. He is keen interest in FinTech.
How is blockchain affecting nonprofits, NGOs, social enterprise, and other organizations creating positive impact -- right now? This presentation gives examples and use cases, as well as resources and tools you can use to stay updated on trends in blockchain and other emerging technology.
Presented at Better World Day 2019 in Cleveland, OH by Amy Neumann, founder and executive director of the 501(c)3 nonprofit, Free Tech for Nonprofits.
Most of the people have now gone online for making a purchase. All these factors have made digital marketing a growing field. But it does need some improvements. What if we have a blend of Blockchain technology and digital marketing. Companies are now actively looking for Blockchain and digital marketing professionals
Blockchain Projects - Core Pillars of Shipping Product, Feb 2018🔗Audrey Chaing
Thinking about building a blockchain project? What are the top areas of concern to ensure a successful ICO? Learn from founders and investors, lawyers, engineers, and marketing experts. From a talk given at Team Block Society.
This provides a deep intro to the blockchain technology, and explores several use-cases within healthcare where it could lead to disruption and add value
How companies are leveraging blockchain in supply chainsBlockchain Council
It won't be wrong to say here that most of the industries are now considering Blockchain as a panacea for different sectors. Well, it's a fact that Blockchain has emerged a trendsetter in the field of technology. It is the harbinger of new-age business operations which are transparent, more efficient and secure. Blockchain developers across the world are working on improvising on how they can leverage Blockchain technology to enhance the efficacy of the supply chain system.
Cryptocurrencies: The Mechanics Economic and FinanceErnie Teo
Presented at the INAUGURAL CAIA-SKBI CRYPTOCURRENCY CONFERENCE 2014 on 04 November 2014 held at the Singapore Management University
This talk gives a general overview of Bitcoin and other cryptocurrencies.
Getting Started with Blockchain Development: The Complete GuideBpointerTechnologies
According to its official definition, blockchain is a distributed, decentralised public ledger. As a result, Blockchain is fundamentally a tool for keeping records. You can keep track of assets and record transactions using Blockchain.
CryptoCurrency is one of the hottest ways to make money right now!
You cannot escape hearing about Bitcoin and all the other CryptoCurrencies and how people are making tons of money buying, holding, and selling CryptoCurrency.
Would you like to join an exclusive group of people in the know of the hottest new market almost nobody knows? You can, with this Cryptocurrency Secrets eBook.
From Coinbase to Electrum, these 7 crypto wallet apps are the next big thing in the crypto world right now. This blog will demonstrate these apps’ functionalities.
How Blockchain Is Impacting Business Right Now - Amy Neumann Power Hour CLE A...Resourceful Nonprofit
What is blockchain?
What are examples of how blockchain is being used for business?
Will blockchain impact my business?
What can I learn and do right now for my business?
Presented by Amy Neumann at Power Hour CLE August 22, 2019. #Cleveland #blockchain
At Blockchain Council, you will not only get information about Blockchain but also about the implementation of this technology in different fields. With this certification program which is specially designed for the financial system, you can easily pick up how to use Blockchain technology for KYC and other aspects of banking.
Blockchain fundamentals based on bas w_v1.1.pptxHenk van Cann
The knowledge of Blockchain Fundamentals empowers you to decide for yourself what is a pointless blockchain application and what not. What is a safe crypto currency and what not. How to handle keys; the do's and don'ts. You need to thoroughly understand the innovative technology you use. Blockchain is currently in its infancy and is rough gemstone to many people; ready to be polished.
The field of Law and Blockchain is broad. You can't grasp it all. Besides identity issues there is legal issues with blockchain and cryptocurrency application that have impact. And per country there may be differences in how governments approach them. Pick a few topics and be a specialist in a heavily narrowed down topic.
Workshop blockchain and fraude during Fraudefilm festival 2017Henk van Cann
Workshop on blockchain and balance=ing on the dividing line of moral, possibilities, fraude and legality. OKcomply as a life-like example of useful blockchain application at the Fraude Film Festival 2017. The visitor is bei
Permissionless society meetup Sept 21, 2017 Amsterdam. Introduction into the overlap in blockchain - and identity management technology: where they meet in symbiosis.
Voorbij de bitcoin dev 070-waarom_nu_verdiepen_in_blockchainHenk van Cann
Waarom nu verdiepen in de blockchain?! Presentatie voor de meetup groep Dev-070 op 30 mei 2016.
Het 'wat' en 'hoe' van blockchain-technologie komt veel ter sprake. Henk gaat in het op het waarom.
Waar staan we? wat is er zo speciaal? en waarom zou het fenomeen Blockchain zo verstorend gaan werken.
Welke onderdelen van de maatschappij raakt het, wat doet - en betekent een blockchain voor mij.
Waarom zou ik me er nu in moeten verdiepen, en het kan ik het niet gewoon rustig op me af laten kunnen?
Kortom: het waarom van de blockchain.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
2. Blockchain Workspace www.blockchainworkspace.com 2
Not today…
• No centralised key management solutions
• No wallet client software
• No mobile en no hosted applications
• No public key management
• No additional legal stuff
• No to/fro exchanges
• No timers
• No biometry
Main message to go and install: routine.
‘Basic good security practices are now part of my routine without even noticing. Like putting on a seatbelt after getting into a vehicle, it’s
just something I do.’
The real question is: How much have you improved your overall security? And enjoy every single step of learning every day and get more
and more secure.
No centralised key management solutions -> use a bank if you want to deliver your wallet to someone)
No Client software ; it is about data today
No mobile en no hosted ‘MyEtherWallet’ / Copay applications / solution
No public key management -> to verify a signature, to encrypt a message for somebody
No additional legal stuff
No to/fro exchanges -> strong passwords, the value is not yours if you do not control the keys
No Timers and no Biometry
3. Blockchain Workspace www.blockchainworkspace.com 3
HOOOWWW????!!!!!!
As soon as some significant value is involved, how do you manage your keys?…
• Plan upfront, put it in writing
• You know what you are doing
• If not: you study first (technique + experiences), you practise with small amounts. So you know what you are
doing
• Have your strong passwords generated and managed
• Create, backup, use hierarchical keys (from seeds)
• Use 2F, maybe even 3F
• Apply the 3-2-1 rule
• Share Secrets among your loved ones
• Check the controlling power of the keys (safely, small amounts)
• Routine: Regularly go through all the steps and key stores
• Many thanks to: Pamela Morgan of Third Key Solutions for her freely available work (CC by SA)
4. Blockchain Workspace www.blockchainworkspace.com 4
Crypto Currencies’ foundational innovation
Repeat of essence of the introduction
Encryption {key}
Timestamping and consensus {stamp}
Verification {check}
But you will always need the original digital data.
5. Blockchain Workspace www.blockchainworkspace.com 5
Wrap up introduction key management
• Wallet (data) = keychain
• bitcoin = Unspent Transaction Output (UTXO)
• Decentralised, open, open source, etc
• A public key is your virtual identity
• Personal private key management is key to future (personal note)
no coins x4
7. Blockchain Workspace www.blockchainworkspace.com 7
"Why you have to carefully
manage your keys. And why you
won’t"
Henk van Cann 2017 :)
How to adapt, how to learn, how to stay ‘alive’, MORE CONFIDENT, more easy, less blood rushes through you head, less near hart failures
because you think the money is not under your control anymore….
8. Blockchain Workspace www.blockchainworkspace.com 8
Pamela Morgan quotes
• ‘my failure to implement good security wasn’t totally my fault; it was a
combination of misunderstanding the risks, overestimating the effort it takes
to implement’
• ‘I had heard about people getting hacked. But it was always other people’
• ‘the risk wasn’t real enough for me to do anything about it’
• ‘the real danger is that when your credentials are stolen your life can be
disrupted in a major way’
• ‘Maybe you’re like I used to be: simply unsure of what to do — so you do
nothing’
• LINK TO ARTICLE
9. Blockchain Workspace www.blockchainworkspace.com 9
Pamela Morgan quotes
• ‘Basic good security practices are now part of my routine without even
noticing. Like putting on a seatbelt after getting into a vehicle, it’s just
something I do.’
• LINK TO ARTICLE
10. Blockchain Workspace www.blockchainworkspace.com 10
HOW do most relevant crypto keys LOOK LIKE?
• Strong passwords
• Seeds 12 words, 24 words, 25 words
• Hex strings
• QR codes
2kWqP2AKQqVaiv]Pykk;
(we focus on control and private keys)
Strong passwords first : generated from and stored in a Password Manager.
11. Blockchain Workspace www.blockchainworkspace.com 11
Password strengths in general
Source: https://xkcd.com/936/ ; CC by SA
Choose generated passwords - At least 24 characters with symbols, characters and digits
13. Blockchain Workspace www.blockchainworkspace.com 13
HOW / WHERE to find the most relevant keys?
• Brain
• Paper
• Web
• Mobile
• Desktop
• Hardware
• Single
• Hierarchical
Deterministic
• Multi signature
Where are they?
(we focus on control and private keys)
Web -> decentralised password managers
No multi signature for now, interesting though: Web software combined with coldstores.
BOLD faced are the elements I would use to set up my key management to start with and with the exception to the rule: truly
decentralised password managers on the web.
14. Blockchain Workspace www.blockchainworkspace.com 14
Functional approach to How To manage keys
HOW DO YOU USE THEM, A KIND OF ‘LIFECYCLE’
• Create a set of virtual identities for yourself
• Backup your identities
• Use keys to update wallet software
• Use keys to transact
• Use keys to sign
• Use keys to encrypt
• Use keys to arrange your inheritance
transact is perhaps the most well known function
estate planning
15. Blockchain Workspace www.blockchainworkspace.com 15
DON’TS of crypto key management
As soon as some significant value is involved, use as little as possible…
• weak passwords
• hot wallets in any form
• brain wallets solo
• unmanaged passwords
• self invented seeds
• online computers to generate/print single paper wallets
Web, mobile, etc.
Solo -> without anybody knowing it
Not 100% sure but also do not:
- follow a step by step, created by yourself or an external source, because it introduces new vulnerabilities
- no mobile phone as a security factor
16. Blockchain Workspace www.blockchainworkspace.com 16
DO’s of crypto key management
Techniques, routines I recommend to test whether it works for you…
• managed strong passwords
• Choose Wallet: Create, backup, use hierarchical keys (from seeds)
• 2FA
• 3FA (Challenge Response Authentication)
• generated seeds
• spread over copies
• spread over media
• spread over geo-locations
• split over controlling people
• Paper wallets
• Cold stores
• Managed brain wallets
IAM Authentication: something you have, you are and you know
HOW??!! you ask someone else the details
Good question, because you obviously want to learn, but…
What if the expert is not trustworthy?
A managed brain wallet is something your loved ones can remember when you are not there anymore, a shared secret, indirectly put
writing. Example: all family members remember that their lovely but long deceased dog jumped into a bassin back in 1994, the dog
pulled out a puppet that looked like Elvis, that was funny. So you might write down: ‘Pepper swim 1994’ but only a subset of your
beloved ones know the seed that is meant with that, which is ‘Dog jump bassin Elvis out’
Never mention the sentence itself ever again, repeat it to each other only once a year and always refer to ‘Pepper swim 1994’ when
mentioning the passphrase. Just an example of course.
17. Blockchain Workspace www.blockchainworkspace.com 17
HOW TO manage Paper Wallets
• Google your software
• Checksum check
• Run offline
• Print offline
• 3-2-1 rule
• Seal envelopes
• Store, dry, safe and recoverable
• If, then always transfer the total amount from the paper wallet to
elsewhere
At least 3 copies on 2 different types of media in at least 1 other geo-location
18. Blockchain Workspace www.blockchainworkspace.com 18
HOOOWWW????!!!!!!
As soon as some significant value is involved, how do you manage your keys?…
• Plan upfront, put it in writing
• You know what you are doing
• If not: you study first (technique + experiences), you practise with small amounts. So you know what you are
doing
• Have your strong passwords generated and managed
• Create, backup, use hierarchical deterministic keys (from seeds)
• Use 2F, maybe even 3F
• Apply the 3-2-1 rule
• Share Secrets among your loved ones
• Check the controlling power of the keys (safely, small amounts)
• Routine: Regularly go through all the steps and key stores
• Many thanks to: Pamela Morgan of Third Key Solutions for her freely available work (CC by SA)
19. Blockchain Workspace www.blockchainworkspace.com 19
Still want to know HOW TO manage the keys?
"Introduce your weekly Key
Management Afternoon, it should be
family quality time, and get going”
The real question is: How much have you improved your overall security? And enjoy every single step of learning every day and get more
and more secure.
20. Blockchain Workspace www.blockchainworkspace.com 20
BIP39 and BIP44
• Seed generation, easy to remember
• Multiple cryptos behind one master seed/key
• more BIPs related to keys… have a look!
Bitcoin Improve Proposal
BIP39 https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki
This BIP describes the implementation of a mnemonic code or mnemonic sentence -- a group of easy to remember words -- for the
generation of deterministic wallets.
It consists of two parts: generating the mnemonic, and converting it into a binary seed. This seed can be later used to generate
deterministic wallets using BIP-0032 or similar methods.
BIP44 https://github.com/bitcoin/bips/blob/master/bip-0044.mediawiki
This BIP defines a logical hierarchy for deterministic wallets based on an algorithm described in BIP-0032 (BIP32 from now on) and
purpose scheme described in BIP-0043 (BIP43 from now on).
This BIP is a particular application of BIP43.