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Veronika Kütt Frankfurt School Blockchain Center E-Mail: veronika.kuett@fs-blockchain.de Internet: www.fs-blockchain.de
Bitcoin, Blockchain and the Internet of Value
Bitcoin, Blockchain and the Internet of Value Veronika Ktt - - PowerPoint PPT Presentation
Bitcoin, Blockchain and the Internet of Value Veronika Ktt - - PowerPoint PPT Presentation
Bitcoin, Blockchain and the Internet of Value Veronika Ktt Frankfurt School Blockchain Center E-Mail: veronika.kuett@fs-blockchain.de Internet: www.fs-blockchain.de About FSBC Our Portfolio Research 1 Foster understanding of blockchain
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Our Portfolio
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The FSBC focuses on the following sectors: banking, mobility, industry 4.0, internet of things, crypto assets, initial coin offerings Research
Foster understanding of blockchain technology and their business potential for a variety of stakeholders.
Education
Educate executives and students about blockchain technology.
Prototypes
Develop prototypes to evaluate blockchain concepts and assess applicability in existing business processes.
Community
Build a strong community of blockchain experts, corporates, industry experts and entrepreneurial talents.
Start-ups
Supporting and cooperating with start-ups on blockchain and DLT related topics.
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Our Partners
Supported by:
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Blockchain & The Internet of Value
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Blockchain will do to the financial system what the Internet did to media
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Thought
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What is it the internet did to media?
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Which problem does blockchain actually solve?
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Double-spend problem
How can we ensure digital value is not being spent twice?
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Solution today: Trusted intermediaries
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Bitcoin
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The birth of a libertarian-thought-driven cash system
Bitcoin: A Peer-to-Peer Electronic Cash System
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The building blocks of Bitcoin
Bitcoin: A Peer-to-Peer Electronic Cash System
Game theory
Strategic interaction between rational decision-makers
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The building blocks of Bitcoin
Bitcoin: A Peer-to-Peer Electronic Cash System
Game theory
Strategic interaction between rational decision-makers
Decentralization
Data is written down by everyone
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Global distribution of Bitcoin nodes
Source: https://bitnodes.earn.com/
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The building blocks of Bitcoin
Bitcoin: A Peer-to-Peer Electronic Cash System
Game theory
Strategic interaction between rational decision-makers
Decentralization
Data is written down by everyone
Consensus mechanism
How do we make sure everyone is writing down the same data?
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A public ledger – the Bitcoin blockchain
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The building blocks of Bitcoin
Bitcoin: A Peer-to-Peer Electronic Cash System
Game theory
Strategic interaction between rational decision-makers
Decentralization
Data is written down by everyone
Economic incentives
Reward for securing the network
Consensus mechanism
How do we make sure everyone is writing down the same data?
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the result financial sovereignty
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- Future. The Internet of Value
Value will be transferred as quickly and seamlessly as information
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Source: Youtube (2018)
The information superhighway (1994)
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(r)evolution ahead
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Research Fellow
Veronika Kütt
Mathematician +49 151 416 415 48 Veronika.kuett@fs-blockchain.de www.fs-blockchain.de Blockchain Center Frankfurt School of Finance & Management veronikakuett