A high-level view of what tokens are and how they can be used to create Distributed Bearer Instruments (DBIs), a exploration of one obvious thing that DBIs can be used for (ie, money) and a model of digital currency to inform discussion.
A presentation about cashlessness at the London Futures Symposium. Are we moving towards a cashless society? If we are, who might the winners and losers be?
We're in the digital era. New strategies enable young people to work with current trends in practically every field to replace outdated ways. The Earth is drastically modified only after the virus COVID-19 dies
By examining digital currency, we aim to better understand
the impact it can have on the broader payments ecosystem.
While the concept of digital currency was introduced more
than a decade ago, recent developments have accelerated
its adoption, such as the emergence of fat-backed digital
currencies known as ‘stablecoins’; a growing community
of developers building applications on top of blockchain based networks; and rising interest among central banks to
introduce sovereign digital currencies.
A presentation about cashlessness at the London Futures Symposium. Are we moving towards a cashless society? If we are, who might the winners and losers be?
We're in the digital era. New strategies enable young people to work with current trends in practically every field to replace outdated ways. The Earth is drastically modified only after the virus COVID-19 dies
By examining digital currency, we aim to better understand
the impact it can have on the broader payments ecosystem.
While the concept of digital currency was introduced more
than a decade ago, recent developments have accelerated
its adoption, such as the emergence of fat-backed digital
currencies known as ‘stablecoins’; a growing community
of developers building applications on top of blockchain based networks; and rising interest among central banks to
introduce sovereign digital currencies.
Drivers for CBDC and implications for architectureDavid Birch
A discussion of the key drivers for central bank digital currency and the implications of those drivers for the likely technical architecture of a retail implementation.
Upfront Ventures blockchain and crypto deckMark Suster
Mark Suster of Upfront Ventures gives a presentation primer on Cryptocurrencies & Blockchain. This is best consumed with a video that will be released and available on Upfront's YouTube page: https://www.youtube.com/user/upfrontventures/videos
Visit Messari.io and follow @MessariCrypto on Twitter for more
Messari brings transparency to the cryptoeconomy. We want to help investors, regulators, and the public make sense of this revolutionary new asset class, and are building data tools that will drive informed decision making and investment. We believe that crypto will democratize access to information, break down data silos, and ultimately give everyone the tools to build wealth.
Countries where bitcoin legal and illegalPulsehyip
The country that says YES & NO to Bitcoin is listed below and shown it in infographics. Take a look
https://www.pulsehyip.com/countries-where-bitcoin-is-legal-and-illegal
Blockchain applications in payments and fintechPenser
An overview of blockchain applications in the payments and fintech industry, with recent examples. For full article, see - https://www.penser.co.uk/blockchain-applications-payments-fintech/
Will Digital Currencies Break The Banking System? Harsh Chitroda
So, when we ask a question of how will digital currency affect banks? So, we can say that Digital currencies are likely to give central banks more insight into the movement of money in the economy. The widespread use of electronic payment systems may also aid authorities to crack down on money-laundering and terrorist-financing efforts. Or on the other hand, we can also say that the Banks are afraid because Cryptocurrency exchange is a non-banking transaction. and if the Cryptos gain favours it can disrupt the ability of banks to create money. If this disruption alarms the central banks, then they will do something about it.
My special "Blockchain ICO" presentation at the Canadian Crowdfinance Summit in Toronto on March 1, 2017. National Crowdfunding Association of Canada. http://crowdfundingsummit.ca/
The title of this PPT is "Blockchain 50 Companies".
This document is based on CB insight.
My favorite companies are Funderbeam, Augur, CHRONICLED, mediachain, OpenBazaar, and ripple.
I strongly believe that blockchain will change the world.
I would be glad if I could help you even just a little bit.
Complete Guide to CBDC (Central Bank Digital Currency)OliviaJune1
The CBDC is the digital currency managed by central banks, known as the digital fiat or digital base money. CBDC is a virtual digital token of money. Sinine currencies, cryptocurrency certifications and blockchain education are popular amongst the people as Blockchain technology has spread across the world.
Getting to know SIX Network
- Founding Members
- Some business stat of existing business
- SIX Network - Platform Infrastructure
- The technology
- Business opportunity analysis on the digital payment as a service
- SIX Pay & SIX Wallet
- Roadmap
What's Bitcoin, how it's different from other currencies and how it might shape the future of finance. I gave this talk to a group of non-technical business owners in HK in Dec 2016.
A presentation on the "5Cs" who might make money in the future presented at the Russian Fintech Assocation in Moscow in August 2017. Many thanks to BCG for hosting and many thanks to audience for their thoughtful questions and interventions.
Drivers for CBDC and implications for architectureDavid Birch
A discussion of the key drivers for central bank digital currency and the implications of those drivers for the likely technical architecture of a retail implementation.
Upfront Ventures blockchain and crypto deckMark Suster
Mark Suster of Upfront Ventures gives a presentation primer on Cryptocurrencies & Blockchain. This is best consumed with a video that will be released and available on Upfront's YouTube page: https://www.youtube.com/user/upfrontventures/videos
Visit Messari.io and follow @MessariCrypto on Twitter for more
Messari brings transparency to the cryptoeconomy. We want to help investors, regulators, and the public make sense of this revolutionary new asset class, and are building data tools that will drive informed decision making and investment. We believe that crypto will democratize access to information, break down data silos, and ultimately give everyone the tools to build wealth.
Countries where bitcoin legal and illegalPulsehyip
The country that says YES & NO to Bitcoin is listed below and shown it in infographics. Take a look
https://www.pulsehyip.com/countries-where-bitcoin-is-legal-and-illegal
Blockchain applications in payments and fintechPenser
An overview of blockchain applications in the payments and fintech industry, with recent examples. For full article, see - https://www.penser.co.uk/blockchain-applications-payments-fintech/
Will Digital Currencies Break The Banking System? Harsh Chitroda
So, when we ask a question of how will digital currency affect banks? So, we can say that Digital currencies are likely to give central banks more insight into the movement of money in the economy. The widespread use of electronic payment systems may also aid authorities to crack down on money-laundering and terrorist-financing efforts. Or on the other hand, we can also say that the Banks are afraid because Cryptocurrency exchange is a non-banking transaction. and if the Cryptos gain favours it can disrupt the ability of banks to create money. If this disruption alarms the central banks, then they will do something about it.
My special "Blockchain ICO" presentation at the Canadian Crowdfinance Summit in Toronto on March 1, 2017. National Crowdfunding Association of Canada. http://crowdfundingsummit.ca/
The title of this PPT is "Blockchain 50 Companies".
This document is based on CB insight.
My favorite companies are Funderbeam, Augur, CHRONICLED, mediachain, OpenBazaar, and ripple.
I strongly believe that blockchain will change the world.
I would be glad if I could help you even just a little bit.
Complete Guide to CBDC (Central Bank Digital Currency)OliviaJune1
The CBDC is the digital currency managed by central banks, known as the digital fiat or digital base money. CBDC is a virtual digital token of money. Sinine currencies, cryptocurrency certifications and blockchain education are popular amongst the people as Blockchain technology has spread across the world.
Getting to know SIX Network
- Founding Members
- Some business stat of existing business
- SIX Network - Platform Infrastructure
- The technology
- Business opportunity analysis on the digital payment as a service
- SIX Pay & SIX Wallet
- Roadmap
What's Bitcoin, how it's different from other currencies and how it might shape the future of finance. I gave this talk to a group of non-technical business owners in HK in Dec 2016.
A presentation on the "5Cs" who might make money in the future presented at the Russian Fintech Assocation in Moscow in August 2017. Many thanks to BCG for hosting and many thanks to audience for their thoughtful questions and interventions.
Venture Capital and Crypto: The Equity Side | Raffaele Mauro | Blockchain ConfCodemotion
This presentation analyzes venture funding and the startup ecosystem around Bitcoin, cryptocurrencies and crypto tech / blockchan. The focus is not about speculative currrency / token token trading but on teams, companies and the equity side of investing. Beyond hype, looking at fundamentals.
Awareness of Bitcoin and cryptocurrencies continues to grow rapidly through Europe. This report has been compiled to better understand the community fostering the growing ecosystem.
This is the first version of our factbook, we will continually update and publish the report to keep up with the fast growing industry.
Please help us keep it as accurate and update as possible by contacting us at factbook@luno.com
Awareness of Bitcoin and cryptocurrencies continues to grow rapidly through Europe. This report has been compiled to better understand the community fostering the growing ecosystem.
This is the first version of our factbook, we will continually update and publish the report to keep up with the fast growing industry.
Please help us keep it as accurate and update as possible by contacting us at factbook@luno.com
Why use a Shared Ledger - short introductionDavid Birch
A snappy 20 minute presentation for TechXLR8 in London with an updated version of the "4x4" ledger model that we use to facilitate discussion between management and technologists.
CoinGecko 2018 Full Year Cryptocurrency ReportCoinGecko
This is the sixth cryptocurrency report produced by CoinGecko covering the full year of 2018.
In this report, we summarize and highlight the market dynamics in the cryptocurrency market such as:-
- Market capitalization growth, volume change, and price movement
- Cryptocurrency exchange ranking, volume & dominance
- Initial Coin Offerings (ICOs) trends
- Stablecoins trends
- Timeline of major events & regulatory updates
- Bitcoin Cash split
- Decentralized applications (dapps) trends
- Security Tokens insights
- Masternodes insights
- Non-Fungible Tokens trends
- and many more...
Download the full report here:
http://reports.coingecko.com/2018-report
View all of CoinGecko's historical quarterly reports here:
http://reports.coingecko.com/all-reports
Talk @ Crowd Dialog Europe 2016 in Graz / Austria
Blockchain technology is about to decentralize the web.
Platforms like the ones vor crowdfunding could be the next victimes to to that development. But also second markets in connection with equity-based crowdfunding are done with blockchain systems.
Identity Summit UK: THINKING ABOUT WHAT’S NEXTForgeRock
DAVID BIRCH, DIRECTOR OF INNOVATION AT CONSULT HYPERION
It’s always really hard to think about what’s coming next in any industry, but when it comes to identity the question is especially complex because there’s a whole new dimension just around the corner. We haven’t yet solved the problem of identity for citizens, employees and consumers and now we’re going to have to solve a much bigger problem: identity for things. In a connected world, everything has identity, everything develops reputation and everything takes part in relationships. ID for the Internet of Things (#IDIoT) is fascinating, scary and difficult: that’s why I’ll be exploring it in this presentation.
Presentation to the Dutch National Bitcoin Congress, June 2015. Includes five examples of new businesses on the blockchain which the audience at the event voted for in increasing order of plausibility.
Why anonymity - unconditional anonymity - in central bank digital currency would be a disaster. Hence central bank digital currency cannot be "just like cash".
My presentation to the OMFIF Digital Monetary Institute Symposium, April 2021.
A Short, Strategic Comment on Digital IdentityDavid Birch
A short talk for the Biometrics Congress, explaining the digital identity vision in contrast to the dead-end digitised identity vision.
Here are what people tweeted about it...
@FGQuismondo "I ain’t gonna comment about the brief keynote by @dgwbirch today, no sir, I am not going to... oh, dammit, I can’t resist it: I absolutely love this gentleman! His slide about differences between “digitized identity” and “digital identity” will be in my mind for many many time"
@rickynav "Great presentation from @dgwbirch, a strategic view on digital identity at #BiometricsCongress @BiometricsInsti . Clever and mind opening as always!
@TOC_biometrics proud member."
@seif_benmabrouk "Very interesting session #BiometricsCongress : Digital Identity vs Digitised Identity.
Thank you @BiometricsInsti"
A few people asked if they could have a copy of my introduction to the Money 2020 Identity Workshop, so here it is. I hope I set the scene well for my excellent speakers and panelists.
Presentation to the European Payment Summit 2017. My bold claim that shared ledgers are a regtech not a fintech. It's all to do with ambient accountability.
Help a non-technical audience to under what shared ledgers are and that the Bitcoin blockchain is only one kind of shared ledger. It includes the YouTube video me presenting at the beginnng.
Identity, the Internet of Things and the Blockchain David Birch
Useful models (the Consult Hyperion three domain identity model "3DID" and the "4x4" shared ledger model) employed to help us think through an important topic and explore the outline of a solution.
A discussion about identity and the internet of things, exploring some ideas about the connection between IoT and the blockchain. An edited version of the presentation I gave at TechDaysMunich in July 2016.
Tomorrow's Transactions UnConference 2016, Opening Monologue.
The notorious war criminal William the Bastard's illegal invasion of England sparked a fintech revolution in London. The invention of Tally Coins and the Norman Blockchain by the unknown Simon Le Knackermouton revolutionised tax transactions and created the London moneymarkets.
The Impact of FinTech on European BanksDavid Birch
Presentation to the Cass business school as part of their #unbundlingbanks discussion, looking at the impact of opening APIs (XS2A) and the potential for FinTech startups to work with banks.
Biometrics in mobile payments bring convenience, and in the mass market that will trump trust. The ApplePay model is the right one, as we have consistently advocated.
Mobile payments haven't set the world on fire, but there are reasons for thinking that downstream the mobile wallet will become the normal way to pay for things, in time displacing the plastic card as the consumer's preferred choice.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
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.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
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.
1. @dgwbirch Please copy and distribute (last updated 10 April 2018) 1
The image part with relationship ID rId3 was not found in the file.
How can we fix the identity problem?
From money we (think) we understand, to money that understands us
David G.W. Birch (15Mb Ltd.)
FS Club (London, April 2018)
dave@15Mb.ltd
www.15Mb.ltd
v2
The Smart Money is Tokens
2. @dgwbirch Please copy and distribute (last updated 10 April 2018) 2
David G.W. Birch
author, advisor and commentator
Global top 15 favourite sources of business
information (Wired Magazine);
London FinTech Top 10 most influential
commentators (City A.M.);
Top 20 Fintech Influencer (JAX London);
Top five Leader in IDentity (Rise);
Top 10 Twitter account followed by innovators,
alongside Bill Gates and Richard Branson (PR Daily);
Top 10 most influential voices in banking (Financial
Brand);
Top 50 blockchain insider (Richtopia);
Europe’s most influential commentator on emerging
payments (Total Payments).
3. @dgwbirch Please copy and distribute (last updated 10 April 2018) 3
Agenda
Should we have digital
currency?
OK, well, then…
• Wait, tokens? What do tokens
have to do with it?
• Who might issue digital currency?
• How will digital currency be
different?
4. @dgwbirch Please copy and distribute (last updated 10 April 2018) 4
What are Tokens?
A quick overview
5. @dgwbirch Please copy and distribute (last updated 10 April 2018) 5
Tokens?
Between the governance and the applications, we can think of the ledger in four layers
6. @dgwbirch Please copy and distribute (last updated 10 April 2018) 6
Totally Tonto Tokens?
Nearly $9 billion raised to date
7. @dgwbirch Please copy and distribute (last updated 10 April 2018) 7
Token Regulation
Securities tokens
ICOs
SEC “walks like a duck” etc
Utility tokens
Access to services
Money tokens
Claim on future products or services
Liquid alternative to “traditional”
equity and debt
7
8. @dgwbirch Please copy and distribute (last updated 10 April 2018) 8
Digital Bearer Instruments
Concept of “digital bearer
instrument” (DBI) goes
back to the 1980s
Tokens are means to
implement DBIs
Different DBIs are made
from different
combinations of token
types
8
9. @dgwbirch Please copy and distribute (last updated 10 April 2018) 9
Don’t Listen to Me…
10. @dgwbirch Please copy and distribute (last updated 10 April 2018) 10
What could we do with digital
bearer instruments?
Well, how about money…
11. @dgwbirch Please copy and distribute (last updated 10 April 2018) 11
The “5Cs” of Future Money
Who could issue money in the future? Why would they want to do it?
Commercial Banks, digital currency Private seigniorage
Central Banks, digital fiat currency Control and economic growth
Cryptography, cryptocurrency Dosh ex machina
Companies, private currency To fund products and services
Communities, decentralized currency Local money, bearing in mind that local
doesn’t mean geographic any more
12. @dgwbirch Please copy and distribute (last updated 10 April 2018) 12
Commercial Bank
Creation separate issue from use of
shared ledger technologies to
manage payments (cf “stablecoin”
approaches).
Commercial bank accounts as “skin”
on central bank or separate as now?
The People’s Bank of China “double
tier” approach.
Central bank control of creation.
Commercial bank distribution.
We tried this before with Mondex!
13. @dgwbirch Please copy and distribute (last updated 10 April 2018) 13
Central Bank
There are obvious +ve GDP benefits
to a digital currency.
Reduced friction
Increased innovation – cash has no API
Central banks could maintain
accounts for people and
organisations.
Retail chequing accounts would be a
skin on central bank balances.
A central bank digital currency would
have an impact on commercial
banks.
13
Source: Bank of England (July 2017).
14. @dgwbirch Please copy and distribute (last updated 10 April 2018) 14
Commercial Banks: Business Model Impact
UK 4% notes and coins
Seigniorage approximately £500m
(used to purchase gilts, interest
remitted to Treasury)
UK 96% bank deposits
Privilege of credit creation
Private seigniorage of £23 billion of
interest income on these deposits
Eurozone bank deposits €17 trillion
Private seigniorage approximately €300
billion (€1,000 per inhabitant)
14
15. @dgwbirch Please copy and distribute (last updated 10 April 2018) 15
Cryptography
Digital currency outside of central
banks, commercial banks or other
institutions
What are the requirements?
Anonymity?
Censorship resistance?
Fungibility?
Private keys as “digital gold”
15
16. @dgwbirch Please copy and distribute (last updated 10 April 2018) 16
Companies
M-PESA currency board, Air miles… tokens?
16
17. @dgwbirch Please copy and distribute (last updated 10 April 2018) 17
Companies: Private Money
17
“pre-agreed algorithms would determine
which financial assets were sold by the
purchaser of the good or service
depending on the value of the
transaction…”
“the same system could match
demands and supplies of financial
assets, determine prices and make
settlements…”
the key to any such a system would be
“the ability of computers to
communicate in real time to permit
instantaneous verification of the
creditworthiness of counterparties”
I look forward to a time when
the successors to Bill Gates will
have put the successors to Alan
Greenspan out of business.
Edward de Bono (March 1994)
19. @dgwbirch Please copy and distribute (last updated 10 April 2018) 19
Communities: Cities and the Wealth of Nations
Your identity, your credit rating and your parking place
20. @dgwbirch Please copy and distribute (last updated 10 April 2018) 20
Communities: Crazy?
21. @dgwbirch Please copy and distribute (last updated 10 April 2018) 21
A Digital Currency Model
A high-level model linking shared ledgers, digital money and digital identity
22. @dgwbirch Please copy and distribute (last updated 10 April 2018) 22
Digital Currency: A Token Model
A Layered Model for Discussion
23. @dgwbirch Please copy and distribute (last updated 10 April 2018) 23
From Dumb Money to Smart Money
Dumb Money Smart Money
Money as a value Money as a distributed application
Standalone money Money with an API
Money that substitutes for memory Money that has a memory
Money that you can make decisions
about
Money that can make decisions about
you
Money that is a static creation of the
nation state
Money that is the dynamic property of
communities
24. @dgwbirch Please copy and distribute (last updated 10 April 2018) 24
in the future, everyone will be famous for fifteen megabytes
engage 15Mb Ltd.
post 1 Armadale Road, Woking, Surrey GU21 3LB, UK
call +44 1483 834631
contact dave@15Mb.ltd
visit www.15Mb.ltd
follow @dgwbirch
comment blog.dgwbirch.com
connect https://www.linkedin.com/in/dgwbirch/
order amazon.co.uk “Before Babylon, Beyond Bitcoin”