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Block Exchange
workshopImage???
Block Exchange
14.00	Introduction
14.15	Block	Exchange	in	three	rounds
15.00	Ideation	
15.30	Presentations	&	Reflections
16.00	Close
From Push to Pull Economies
Push	Pull	 Economy	and	the	role	 of	‘consumer’
From Push to Pull Economies
Push	Pull	 Economy	and	the	role	 of	‘consumer’
From Push to Pull Economies
Push	Pull	 Economy	and	the	role	 of	‘consumer’
From Push to Pull Economies
Push	Pull	 Economy	and	the	role	 of	‘consumer’
From Value Chains to Value Constellations
Company ConsumerCreating Producing Selling Delivering Supporting
How	value	used	to	be	created
From Value Chains to Value Constellations
Stefan	Michel
From Value Chains to Value Constellations
From Value Chains to Value Constellations
Overview
• Digital currency
• Scarcity built into it
• Decentralised transaction ledger
Bitcoin and Blockchain
Blockchain.info
Show	website…
Blockchain.info
Blockchain.info
Show	website…
Blockchain.info
Blockchain.info
Show	website…
Block
Transactions
Transaction visualisation
Ledger
shared, digital, sealed, distributed, public, encrypted
Blocks
incremental storage of transaction as blocks to form
an immutable chain
Mining
Consensus confirmation of transaction activity
releasing new currency to be flooded into the system
to keep flow
Primary Principles
• Possibility for people to exchange value
without the need for a trusted third party
• Building trust via distributed consensus
• Anyone can join the system
• Security through distributed copies
Primary Principles Image from Ethereum
Emergent and potential uses for Blockchain technology
Financial Investments
• Currency
• Bonds
• Equities
• Commodities
• Spending or trading records
• Mortgage / loan records
• Crowd funding
Public Records
• Land registry/ownership
• Vehicle registration
• Business licensing
• Criminal records
• Passports
• Birth certificates
• Voting / voting records
• Buildingpermits
• Government transparency
Private uses
• Contracts
• Signatures
• Wills
• Trusts
Semi-public
• Degrees
• Certificates
• Grades
• HR records
• Medical records
Physical assets
• Home/house
• Cars
• rental property
Emergent applications Extract from Bitcoin Series 24: Mega-Master Blockchain List
Block Exchange
workshopImage???
Block Exchange – Instructions
What	you	need:
• 10	Lego	bricks
• Stickers	to	mark	5	Lego	
bricks	with	your	initials
• 6	resource	cards	=	2	sets	of	3	
cards	each	or 6	cards	of	2	
different	resources
How	it	works
• 3	rounds	of	trading,	15	min	
each	
• Register	trades	as	blocks	on	the	
blockchain
• Per	round,	one	group	of	miners	
(3	people)	will	solve	math	
puzzles	to	earn	25	new	blocks
Block Exchange – Instructions
How	it	works
• 3	trading	activities	at	15	min	
each	
• Register	trades	as	blocks	on	the	
blockchain
• Per	round	one	group	of	miners	
(3	people)	will	solve	maths
puzzles	to	earn	25	new	blocks
Block Exchange – Instructions
How	it	works
• 3	trading	activities	at	15	min	
each	
• Register	trades	as	blocks	on	the	
blockchain
• Per	round	one	group	of	miners	
(3	people)	will	solve	maths
puzzles	to	earn	25	new	blocks
Block Exchange – Instructions
275
75
6
4
2
1
3
Example:
75	- 6	=	69
69	x	4	=	276
276	+	2	=	278
278	x	1	=	278
278	- 3	=	275
MINEOILSHEEP WATER WHEAT WOOD
Round 1
Trade with each other.
All resources are worth 1 brick.
Block Exchange – Let’s trade
Round 2
Water shortage and war in the middle
east lead to scarcity of some
resources.
Water is now worth 2 bricks and
oil worth 4 bricks.
Others remain 1 brick.
Block Exchange – Let’s trade
WATER
OIL
Round 2
Water scarcity and a dry summer lead
to unfruitful harvests.
Wheat and sheep are now
worth 3 bricks.
Other resources back to 1 brick.
Block Exchange – Let’s trade
WHEAT
SHEEP
Round 3
Make up any resource or concept
and trade for bricks.
Write your trades on board.
Block Exchange – Let’s trade
What forms of value were traded?
What did you learn or find inspiring?
How could this inform new concepts or use cases?
What use scenarios could you envision?
Block Exchange - Reflections
BitBarista:https://youtu.be/aac3Vx54F6E
KASH Cups: https://youtu.be/6eSVpGiIZfo

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