Blockchain is great for optimisation. But can Blockchain also re-design the value chain? How can blockchain create new business & governance models? Slides from a talk I gave at the Arena event (by KnightMoves)

1. BLOCKCHAIN IS
WTF*
@gerriesmits x @KnightMoves111
26/10/17
* Waarschijnlijk Toch Fundamenteel

2. Computer
says no
me

3. But, that’s my moneyme

4. Ouch, that’s a biiiiiig cutme

5. What keeps me up at nightwtf
Blockchain is WTF*
* Waarschijnlijk Toch Fundamenteel
* Wondrous and Totally Fundamental

6. My drive…
Impact of digital
and howto get
more out of it
#strategist
#writer
#speaker
#consultant
#workshop-facilitator
#asker-of-questions
#listener
#program-designer
#view-from-the-outside

7. My level of
technical
expertise
10
0
2
4
6
8
#

8. 1
WTF is Blockchain?

9. Central control >< Common incentivewhy

10. Immutable & integrity
Cryptography
wtf
Distributed network of computers
Game theory

11. Financial Transactions
1.0

12. Use Case 1
Blockchains are good at:
Sending digital money
securely,
relatively fast,
relatively cheaply.
BC

13. α Once upon a time…

14. Coins, coins, who wants some coins?°-°

15. °-° Coins, coins, who wants some coins?

16. °-° Coins, coins, who wants some coins?

17. °-° Coins, coins, who wants some coins?

18. °-° Coins, coins, who wants some coins?

19. °-° Coins, coins, who wants some coins?

20. Transactions ofvalue
2.0

21. Forget Bitcoin, forget getting richO-O

22. Use Case 2
Blockchains are good at:
running applications, that do
immutable ‘transactions’
BC

23. #1ifttt Blockchains = programmable
IF THEN
= 35 yrs

24. IF Saturday @ 1900
THEN Generate random numbers
THEN Send € to winning wallets
e.g.

25. IF insurance is not paid
THEN stop the car
e.g.

26. Red thread in 2.0: optimisationpro
B2B2B2B2B2B2B2B2C

27. What’s not to like?yay

28. Your Company
We Blockchainyay
B2B2B2B2B2B2B2B2C

29. Your Company
B2B2B B2B2B2 B2B2C
nay
Blockchain start-up
But, but,… that was our added value!?

30. Transaction of ‘a song’case

31. Welcome to Decentraland
3.0

32. B2B2B2B2B2B2B2B2C
3.0 Old value flow

33. yay In Brooklyn…
P2P

34. P2P
Solar
Energy P2P
case

35. (More) Directp2p

36. Blockchains are good at:
allowing people to exchange
value in an open & secure way,
without unwanted control of 3rd
parties.
Use Case 3BC

37. wtf = optimise
value chain
2.0
WTF = new
value chain
3.0

38. From the social web…2.0

39. * Very meta illustration
…to an ‘internet ofvalue’3.0
Very meta illustration

40. How, why, what!?!?hold
New ways of governance
Coins, coins, coins!
New business models

41. Your own coin/token/currencyWTF

42. Newways offundingico

43. “Payments are the foundational
layer, to create financial incentives
around computation.
But I want to have a social media
platform on the blockchain.
No one really owns it, it’s the token
holders that are incentivised to
continue the operation. “
- Joseph Poon,
Ethereum developer

44. Coins as ‘common incentive’?coop

45. Newways of governancedao

46. From very libertarian…gov

47. … to LETS on steroidsgov

48. There’s a credit card for Decentralandwtf

49. P2B2P
3.0 Adding value >< Withdrawvalue
Uber
Notaris
Facebook
Overheid
…

50. +
+
New paradigm?
ENTREPRENEURSHIP/PROFIT
ETHICS/PROSPERITY
TECHNOLOGY
WTF

51. Tokenise The Enterprise?wtf

52. “We tend to
overestimate the
effect of a
technology in the
short run and
underestimate the
effect in the long
run”
“”
- Ray Amara,
scientist & futurist

53. 5 Takeaways

54. Forget BitcoinO-O

55. wtf-level 1: optimise transactions2
Immutable
+Transactions
= Blockchain wtf 1
Optimisation
Conditional
Trust

56. 3 WTF Level 2: your added value?
B2B2B2B2B2B2B2B2P
Your
Company?

57. Make sure your coin drops4
It’s up to all of us to
put in the hours.
We need to think, build, buy,
be confused, get ripped off,
start,…

58. Sign up via
gerriesmits.com/
blockchain-boek
FREE
coins
Blockchain
is WTF*
*Waarschijnlijk Toch
Fundamenteel
out end
2017

59. The lens of decentralisation5

60. gerrie@gerriesmits.com
+32 491 354 365
@gerriesmits
THANK YOU >>
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