April 2011: 1BTC = 1USD April 2011: 1BTC = 1USD February 2018: 1BTC - - PowerPoint PPT Presentation

▶
april 2011 1btc 1usd april 2011 1btc 1usd
SMART_READER_LITE
LIVE PREVIEW

April 2011: 1BTC = 1USD April 2011: 1BTC = 1USD February 2018: 1BTC - - PowerPoint PPT Presentation

Jul 30, 2023 364 likes •766 views

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo FROM BITCOIN TO THE BLOCKCHAIN presented by Roberto Capodieci 15 th March 2018 for the Business Information Industry Association Regional Meeting March 14th to 15th, 2018 Sofitel Phnom Penh

slide-1
SLIDE 1

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

FROM BITCOIN TO THE BLOCKCHAIN

presented by Roberto Capodieci – 15th March 2018

for the Business Information Industry Association

Regional Meeting – March 14th to 15th, 2018

Sofitel Phnom Penh Phokeethra Hotel, Phnom Penh, Cambodia

slide-2
SLIDE 2

April 2011: 1BTC = 1USD

February 2018: 1BTC = 10’000USD

April 2011: 1BTC = 1USD

February 2018: 1BTC = 10’000USD

slide-3
SLIDE 3

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

IS EVERYONE EXCITED ABOUT BITCOIN ?

slide-4
SLIDE 4

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

BITCOIN IS SCARY , BLOCKCHAIN IS SEXY !

slide-5
SLIDE 5

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

slide-6
SLIDE 6

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

SOMEONE NOTICED THIS BLOCKCHAIN EUPHORIA

IN THE NEXT FEW MINUTES I WANT TO EXPLAIN WHY WE ALL SHOULD BE VERY EXCITED ABOUT BLOCKCHAIN TECHNOLOGY

slide-7
SLIDE 7

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

WHY BLOCKCHAIN IS SO SEXY?

slide-8
SLIDE 8

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

BLOCKCHAIN IN PRACTICAL TERMS: EXAMPLE 1

slide-9
SLIDE 9

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

BLOCKCHAIN IN PRACTICAL TERMS: EXAMPLE 2

ANGELINA ANTONIO 2010 2008 2009 2010 BTC 55 - 2011 ........... - 2012 ........... - 2013 ........... - 2014 ........... - 2015 ........... – 2016 ........... - 2017 2009 - IDR 500.000 2010 - IDR .............. 2011 - IDR .............. 2012 - IDR .............. 2013 - IDR .............. 2014 - IDR .............. 2015 - IDR .............. 2016 - IDR .............. 2017 - IDR ..............

BTC 55 - 2018 2018 - IDR 0

slide-10
SLIDE 10

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

SO, WHAT IS MAGIC ABOUT BLOCKCHAIN ?

slide-11
SLIDE 11

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

AS CONTENTS AND ASSETS ARE BECOMING DIGITAL THE BLOCKCHAIN AND ITS DERIVATIVES WILL BE THE TECHNOLOGY OF CHOICE USED TO MANAGE THEM

slide-12
SLIDE 12

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

DAPPS EXAMPLES ON NXT

A decentralised application platform

Roberto Capodieci

slide-13
SLIDE 13

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo Roberto Capodieci

slide-14
SLIDE 14

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo Roberto Capodieci

slide-15
SLIDE 15

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo Roberto Capodieci

slide-16
SLIDE 16

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo Roberto Capodieci

slide-17
SLIDE 17

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo Roberto Capodieci

slide-18
SLIDE 18

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo Roberto Capodieci

slide-19
SLIDE 19

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

ALL THE PREVIOUS APPLICATION RUN ON A BLOCKCHAIN!

A blockchain functions as a decentralized database accessible by everyone, that is managed by computers belonging to a peer-to-peer network, where no computer is more important than any other.

slide-20
SLIDE 20

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

HOW DOES THE BLOCKCHAIN WORK ?

slide-21
SLIDE 21

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

WHAT DOES THE BLOCKCHAIN GUARANTEE?

  • TRUTH: Removes the need to trust others
  • PRIVACY: Brings encrypton to the hands of the common user
  • TOKENIZATION: Allows to assetise goods and sell them
  • REPUTATION: Allows to create reputation on digital identities
  • IDENTITIES: Cryptographic signatures on agreements
  • DELEGATION: Ease job assignments on a distributed team
  • ESCROW: ease financial transactions
  • AUDIT: A very effective and secure accounting system
slide-22
SLIDE 22

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

BLOCKCHAIN

What is it?

Roberto Capodieci

slide-23
SLIDE 23

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

…SO, WHAT IS A BLOCKCHAIN?

  • It is essentially a chain of blocks of data kept in a distributed system.
  • Blocks of data contain instructions sent by the users.
  • Instructions are executed ONLY if they follow the pre-established rules.

As with many new words the meaning

  • f “blockchain” change on a daily basis.
  • In basic technical terms the blockchain is a P2P system where each node:
  • makes sure to be always up to date with the network,
  • makes sure the other nodes behave properly,
  • process the instructions received using the rules coded in the consensus layer,
  • votes on correctness of data, transactions results, and network,
  • stores the data necessary for the system to function.

Roberto Capodieci

slide-24
SLIDE 24

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

IN SUMMARY , THE BLOCKCHAIN:

Guarantees with mathematic security the uniqueness of a title (digital asset)

slide-25
SLIDE 25

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

IN SUMMARY , THE BLOCKCHAIN:

Is the only publicly available system to timestamp digital assets

slide-26
SLIDE 26

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

IN SUMMARY , THE BLOCKCHAIN:

Removes the need to depend on others, and trust others, to manage ownerships of titles (digital asset), with 24/7 availability

slide-27
SLIDE 27

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

IN SUMMARY , THE BLOCKCHAIN:

Uses cryptography (mathematics) for signatures and identities (a special kind of digital asset)

slide-28
SLIDE 28

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

IN SUMMARY , THE BLOCKCHAIN:

Allows electronic devices to identify themselves (have a digital identity) and create unique content.

slide-29
SLIDE 29

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

slide-30
SLIDE 30

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

slide-31
SLIDE 31

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

THE FUTURE OF BLOCKCHAIN IN GOVERNMENTS

Blockchain will lead to substantial improvements in transparency, speed, and functionality, as well as cutting the costs of managing private and public records.

slide-32
SLIDE 32

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

BLOCKCHAIN BASICS The 4 elements of a Blockchain:

  • Peer to Peer network
  • Cryptography
  • Data management
  • The consensus system
slide-33
SLIDE 33

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

DOWNSIDES OF A P2P NETWORK - COMPARISON:

CENTRALIZED SYSTEMS TRANSACTION ORDERING

10:03 Transactions: D A: 10:00 B: 10:01 C: 10:02 D: 10:03 10:02 C 10:00 A 10:01 B

In a centralized system there is a unique and clear order and timing for transactions

slide-34
SLIDE 34

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

10:00

DOWNSIDES OF A P2P NETWORK - COMPARISON:

UNKNOWN ORDER OF TRANSACTIONS

A: 10:03 10:01 Transactions:

A B

A: 10:00 B: 10:04 B: 10:01 B: 10:02 B: 10:03 Transactions: A: 10:02 A: 10:01

The Nodes may have the transactions listed in a different order and timing

slide-35
SLIDE 35

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

  • Conditional transaction
  • Lightweight computer code
  • Executes when requested
  • Needs “GAS” to run

WHAT ARE SMART CONTRACTS?

Roberto Capodieci

slide-36
SLIDE 36

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

REGULATION

Blockchain itself is a technology (like cloud computing) and can’t be really regulated. Only particular business application can be regulated (like putting private data of the bank customers to the cloud). In case of blockchain, the biggest challenge is to define the rules, risks and responsibilities of each party in a decentralized environment.

slide-37
SLIDE 37

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

OPERATING SYSTEMS: ELASTOS

SMARTWEB IS A WEB OF APPS AND DAPPS.

WE ARE CREATING AN OPERATING SYSTEM FOR THE SMARTWEB.

SAFETY

Applications are forbidden from directly accessing the network. The elastos operation library provides end-to-end solutions.

INTELLIGENCE

Totally decentralized P2P economic infrastructure reduces the need for humans as intermediaries.

WEALTH

elastos authenticates digital rights, transfers contracts, and turns digital information into assets through blockchain technology.

slide-38
SLIDE 38

Roberto Capodieci - r@bcz.ooo - http://bcz.ooo

QUESTIONS & ANSWERS

Roberto Capodieci +62 822 62226666 (Telegram Preferred) roberto.capodieci@blockchainzoo.com

Consultant on Blockchain, big data, and LI for LEAs