Intro duc tio n to Blo c kc ha in T e c hno lo g y Pre se nta tio - - PowerPoint PPT Presentation

Intro duc tio n to Blo c kc ha in T e c hno lo g y

Pre se nta tio n By

2 Ma r c P. Pr ess

Cha ir, Blo c kc ha in Te c hno lo g y & Dig ita l Curre nc y mpre ss@ c o le sc ho tz.c o m Offic e : 201.525.6271

Joseph B. Doll

Asso c ia te , Blo c kc ha in Te c hno lo g y & Dig ita l Curre nc y jdo ll@ c o le sc ho tz.c o m Offic e : 201.525.6227

Wha t is Blo c kc ha in T e c hno lo g y?

• T

he Basic s

• C urre nt Syste m
• Unique C harac te ristic s
• Ce ntra lize d v . De c e ntra lize d
• Pub lic / Priv a te K

e y E nc ryptio n

• Pe e r-to -Pe e r
• Pro to c o l o r Co nse nsus

Me c ha nism

• Sm art C o ntrac ts
• Sum m ary
• Issue s & Risks
• Co nse nsus
• E

ne rg y Co nsumptio n

• T

rile mma

• T

he O ra c le Pro b le m

3

Wha t a re c rypto c urre nc ie s?

• Dig ital Me diums o f E

xc hang e

• Sto re o f Value
• Gas / E

the r

• T
• ke ns
• Stable c o ins
• Utility v. Fund-raising

4

Crypto c urre nc ie s a s a Se c urity a nd I nitia l Co in Offe ring s

Bac kg ro und

• Ori

g i n o f I ni ti al Co i n Offe ri ng s (I COs)

• E

vo luti

• n o f Blo c kc hai

n T e c hno lo g y

• I

nflue nc e o f Startup Co m pani e s

• JK

Wi lle t Whi te Pape r

I s an I CO a se c urity?

• I

CO as a m e ans to bypass U .S. Se c uri ti e s L aws and the SE C

• SE

C be g i ns to c lari fy i ts po si ti

• n o n I

COs

• SE

C e nfo rc e m e nt ac ti

• ns

i nc re ase ag ai nst I COs and e xte nds to o the r m arke t parti c i pants

• Re c e nt SE

C e nfo rc e m e nt ac ti

• ns ag ai

nst I COs

• E

ffe c t o f SE C’s e nfo rc e m e nt pro c e e di ng s

5

Ca pita l Ra ising Alte rna tive s

• Private Plac e me nts
• Re g . D
• Re g . A
• E

xc ha ng e Ac t Re po rting

• Online T

rad ing Platfo rms

• E

xc hang e T rade d Funds

• C rypto c urre nc y Funds
• No n-U

S Offe ring s

6

Busine ss Applic a tio ns o f Blo c kc ha in

7

IO T Ene r gy G r id s T r a d e F ina nc e Sup p ly Cha in Ma na ge ment Digita l Id e ntity City-Sp e c ific T

• ke ns

Me d ic a l Ac c ur a c y Info r ma tio n Sto r a ge & Se c ur ity L a nd Re gistr y Cr e d it F a c ilitie s Vo ting ERC 721 Asse ts Inv e stments

T

• ke niza tio n
• I

nte rac tio n w ith I OT

• T

ang ible Asse ts

• I

ntang ible Asse ts

• L

e g al Struc ture s and I ssue s

8

Crypto c urre nc ie s a s a n Asse t Cla ss

• I

nve sting in Bitc o in

• I

nve sting in Altc o ins

• Dig ital Asse t F

und s

• L

e g al Co nsid e ratio ns in F und F

• rmatio n

9