This document discusses blockchain technology and its potential applications. It begins with defining concepts like value and intermediaries in society. It then provides a basic explanation of blockchain as a distributed, transparent and immutable record keeping system. Several examples are given of how blockchain has already been used, such as Bitcoin transactions, land registry, and social welfare payments. The document argues that blockchain cannot be undone and could shape future generations, so it is important to understand its impact. Both pros and cons of the technology are outlined.

1. @arifsh
Blockchain societies
Does it matter?

2. @arifsh
The Future is Already Here

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The Futureis not What We
Were Told It Would Be

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"Roads? Where we are going we
don't need...roads..."

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We're closer to year 2030 than 2000. Average
company age on S&P 500 is 12 years - @ValaAfshar
invent

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A cashless society is
a totalitarian society –
central digital money put everyone at
the mercy of institutions who can turn
anyone off
Andreas Antonopoulos

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Agenda
š What is value in our society?
š Intermediaries – role of 3rd parties
š What is blockchain in laymans terms
š A lot of examples
š Why should you care?

8. @arifsh@arifsh
ada lovelace wrote worlds first program in
1842 to compute bernoulli numbers

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the red flag act in UK to protect people from
horseless carriages in 1865
but most likely england lost the automotive
race

10. @arifsh@arifsh
Celebrating red flag act being removed
in 1896

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the ENIAC was a 27-ton, 168 square meter
bundle of vacuum tubes and diodes

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1957: 13 men delivering a computer
2017: a person may wear 13 computing devices

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Déjà vu!

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Ray Kurzweil

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What is
Value
How do we define
value in our society
http://www.anderson.ucla.edu/faculty/
keith.chen/papers/Final_JPE06.pdf

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The role of
intermediaries
In1600s modern
corporations started
replacing kingdoms and
monarchies

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What is
blockchain
š Globally distributed
š Open and transparent
š privacy
š Immutable record keeping
Transaction

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2008
the start
The whitepaper the started this
revolution
https://bitcoin.org/bitcoin.pdf

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2010
first transaction

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2011
Silkroad
Bitcoin going
mainstream?

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2014
Ukraine
Using bitcoin when paypal
didn't allow sending money
to Ukraine

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70% land in
developing countries
https://www.factom.com/blog/factom-use-case-unlocking-9-trillion-in-land-value

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Could this work
in Norway?

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Auditing
No more corruption!

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Dubai on
blockchain 2020
“They say a picture is worth a
thousand words, but a
prototype is worth a thousand
pictures,” says Saif Al Aleeli,
executive director of the Dubai
Future Foundation.

27. @arifsh
Blockchain for
social welfare?
"We started a small trial in
the north west, designed
to see if we can send
welfare payments using
this technology, and
more importantly, to see if
people reliant on welfare
payments would benefit
from this approach."

28. @arifsh
100 000
ev chargers in london
Norwegian company delivering ev
charges with built-in payment on
blockchain

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NRGcoin

30. I got extra
juice!
i need to
charge my
iPhone!
NRG
Exhange
nice got
some 200
NRGcoins
high
Zoe 200
Zoe 200
Don 100
low
Zoe 200
Don 100
Don -40
1 NRGcoin = 100 NOK1 NRGcoin = 130 NOK
do we really
need
humans?
i need more
juice!
Prosumers create
decentralized digital
money themselves
http://ieeexplore.ieee.org/document/6861213/

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FAVES could
reduce 90%
cars

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Sharing economy =
Uber & AirBnB?
http://lazooz.org/

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Who owns data?
Steem is blockchain bases
social network like reddit that
pays you for liking and sharing!

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Safe delivery with
Drones?
Encrypted microchips are used
to give automated delivery
drones a unique identity on the
blockchain which IoT
applications can use to allow or
restrict drone access to
locations such as a home or
warehouse.
http://chronicled.org/drone-case-study.html

35. @arifsh
Other examples
š Voting – Democracy on DAO by Merkel
š Urbanisation through local coin economy
š Remittances – https://www.goabra.com/
š Ascribe – https://www.ascribe.io/
š Blood diamond – http://www.everledger.io/
š Academic records and papers
š IoT – security & payment for 50 B devices
š Big data + Machine Learning = Artificial
intelligence

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Why should you
care?
š Blockchain cant be un-invented
š Few big ones could control blockchain
š Become blockchain immigrants
š You can decide how this could effect
the future generations
@Geir Halvorsen

37. @arifsh
Arif Shafique
linkedin.com/arifsh
twitter@arifsh
Thank you!

38. @arifsh
Cons
š The infantile technology – ref internet 1989-1993
š The Hazy regulatory status
š The high energy consumption – how much does it cost to secure VISA network
š The lack of control, privacy and security – far from perfect
š The concern about integration
š Issues with adoption
š The initial cost

39. @arifsh
Pros
š Trustless exchange and disintermediation
š Empowerment of the users
š High quality of data
š Enhanced level of protection – no single point of failure
š The process integrity – no need to get 3rd party to oversee
š The presence of immutability and transparency
š Simplification of the ecosystem
š The speed of transactions – speed up transitions due to disintermediation
š Decrease in transactions costs