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Presentation 24 Jan 2018
Created in confidence 19th Oct 2017
A SHIFT IN THINKING SINCE 2010
What’s a blockchain?
It offers a way for people who do not know or trust
each other to create a record of who owns what that will
compel the assent of everyone concerned. It is a way of
making and preserving truths.
- The Economist
Why can the blockchain exist?
THE INTERNET
(NOT THE BAND)
Created in confidence 22nd November 2017
READILY AVAILABLE COMPUTE
POWER
ANGST
How and why does it work?
What are the grounding
technologies of Blockchain
(and Bitcoin)?
The platform and human factors are one
thing, but the fundamental technology is
just as interesting
Public key cryptography
& lots of other math
Peer-to-peer networking
Not just for ripping off movies!
Open source software
The protocol (e.g. Bitcoin, Eth) is
where the magic happens
Protocol and algorithms that are hard
if not impossible to break or cheat.
Probabilistically immutable.
Decentralised and widespread.
Replicated database
that is probabilistically
integrious
So who’s using blockchain?
Where are we at?
Created in confidence 22nd November 2017
Created in confidence 22nd November 2017
Naturally inclined to innovate the
financial sector, logistics, ownership
based businesses.
Blockchain is a fundamental
technology layer on-top of
the internet that allows for
transparency, trust and
democratisation
Example Use-case:
Selling a car that has debt secured
against it
Created in confidence 22nd November 2017
Created in confidence 22nd November 2017
Created in confidence 22nd November 2017
Ok, obvious examples, but is it
REALLY going to be a thing?
Created in confidence 22nd November 2017
The old system has failed them, they are
open to adoption.
It works better with scale.
It saves costs.
It transcends borders and has the power
to refute corruption.
There are billions of
people, for whom the
comforts of our society
do not exist
“THIS LACK OF RECOGNIZED IDENTIFICATION DEPRIVES THEM OF
PROTECTION, ACCESS TO SERVICES, AND BASIC RIGHTS. ID2020 IS A
PUBLIC-PRIVATE PARTNERSHIP DEDICATED TO SOLVING THE CHALLENGES
OF IDENTITY FOR THESE PEOPLE THROUGH TECHNOLOGY.”
Smart contracts and automation will
reduce human resource demands while
increasing speed.
Applications for the technology today.
Changing the funding model of startups
(ICO), Example: AdBank
Ethereum and similar
smart-contract based
Crypto-Blockchain
technologies are the
future
THANK YOU
FOR THE
OPPORTUNITY
@danuabey on instagram and twitter
@rushdigital on twitter
@rushdigitalnz on instagram
Created in confidence 22nd November 2017

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The ins and outs of Blockchain

  • 2. Created in confidence 19th Oct 2017 A SHIFT IN THINKING SINCE 2010
  • 3. What’s a blockchain? It offers a way for people who do not know or trust each other to create a record of who owns what that will compel the assent of everyone concerned. It is a way of making and preserving truths. - The Economist
  • 4. Why can the blockchain exist?
  • 6. Created in confidence 22nd November 2017 READILY AVAILABLE COMPUTE POWER
  • 8. How and why does it work?
  • 9. What are the grounding technologies of Blockchain (and Bitcoin)? The platform and human factors are one thing, but the fundamental technology is just as interesting Public key cryptography & lots of other math Peer-to-peer networking Not just for ripping off movies! Open source software The protocol (e.g. Bitcoin, Eth) is where the magic happens
  • 10. Protocol and algorithms that are hard if not impossible to break or cheat. Probabilistically immutable. Decentralised and widespread. Replicated database that is probabilistically integrious
  • 11.
  • 12.
  • 13. So who’s using blockchain? Where are we at? Created in confidence 22nd November 2017
  • 14. Created in confidence 22nd November 2017
  • 15. Naturally inclined to innovate the financial sector, logistics, ownership based businesses. Blockchain is a fundamental technology layer on-top of the internet that allows for transparency, trust and democratisation
  • 16. Example Use-case: Selling a car that has debt secured against it Created in confidence 22nd November 2017
  • 17. Created in confidence 22nd November 2017
  • 18. Created in confidence 22nd November 2017
  • 19. Ok, obvious examples, but is it REALLY going to be a thing? Created in confidence 22nd November 2017
  • 20. The old system has failed them, they are open to adoption. It works better with scale. It saves costs. It transcends borders and has the power to refute corruption. There are billions of people, for whom the comforts of our society do not exist
  • 21. “THIS LACK OF RECOGNIZED IDENTIFICATION DEPRIVES THEM OF PROTECTION, ACCESS TO SERVICES, AND BASIC RIGHTS. ID2020 IS A PUBLIC-PRIVATE PARTNERSHIP DEDICATED TO SOLVING THE CHALLENGES OF IDENTITY FOR THESE PEOPLE THROUGH TECHNOLOGY.”
  • 22. Smart contracts and automation will reduce human resource demands while increasing speed. Applications for the technology today. Changing the funding model of startups (ICO), Example: AdBank Ethereum and similar smart-contract based Crypto-Blockchain technologies are the future
  • 23.
  • 24. THANK YOU FOR THE OPPORTUNITY @danuabey on instagram and twitter @rushdigital on twitter @rushdigitalnz on instagram Created in confidence 22nd November 2017

Editor's Notes

  1. Theory behind blockchain Replicated ledger that is probabilistically integrious: Probabilistically immutable Proof-of-work (Hashcash) Protocol (longest chain wins), Merkel Tree root and cryptographic hashes Byzantine Generals’ Problem (Boeing safety systems) Decentralised and widespread Hard to attack or compromise Open system that is public so you don’t need permission to play Protocol sits on-top so future usages are pretty open ended Efficient when done right
  2. Theory behind blockchain Replicated ledger that is probabilistically integrious: Probabilistically immutable Proof-of-work (Hashcash) Protocol (longest chain wins), Merkel Tree root and cryptographic hashes Byzantine Generals’ Problem (Boeing safety systems) Decentralised and widespread Hard to attack or compromise Open system that is public so you don’t need permission to play Protocol sits on-top so future usages are pretty open ended Efficient when done right
  3. Blockchain has a marketing problem, because of (probably) bitcoin https://www.youtube.com/watch?v=4APcgsRdW6w We don’t call login OAuth (unless you’re a developer)
  4. Theory behind blockchain Replicated ledger that is probabilistically integrious: Probabilistically immutable Proof-of-work (Hashcash) Protocol (longest chain wins), Merkel Tree root and cryptographic hashes Byzantine Generals’ Problem (Boeing safety systems) Decentralised and widespread Hard to attack or compromise Open system that is public so you don’t need permission to play Protocol sits on-top so future usages are pretty open ended Efficient when done right
  5. Borders, Governments and Poor beurocracy 2.5 billion people without a bank account Mass technical adoption with no debt or legacy Smartphones and the prevalence of internet - Africa is the leading pay-by-mobile continent in the world
  6. id2020.org - “THIS LACK OF RECOGNIZED IDENTIFICATION DEPRIVES THEM OF PROTECTION, ACCESS TO SERVICES, AND BASIC RIGHTS. ID2020 IS A PUBLIC-PRIVATE PARTNERSHIP DEDICATED TO SOLVING THE CHALLENGES OF IDENTITY FOR THESE PEOPLE THROUGH TECHNOLOGY.” Biometric hash that no central authority can abuse or corrupt Your identity is yours A FUNDAMENTAL HUMAN RIGHT NECESSARY TO ACCESS BASIC SERVICES CRITICAL FOR ACCOUNTABILITY AND GOVERNANCE in Nigeria, enrollment of civil servants saved approximately $74M by eliminating "ghost workers" on payroll. A GATEWAY TO ECONOMIC OPPORTUNITY More than 2.5 billion adults do not have a bank account or use formal financial services IMPORTANT FOR GENDER EQUALITY Empowerment and identification can be an important defense against child marriage, exploitation and trafficking. A KEY ENABLER OF GLOBAL DEVELOPMENT
  7. Borders, Governments and Poor beurocracy 2.5 billion people without a bank account Mass technical adoption with no debt or legacy Smartphones and the prevalence of internet - Africa is the leading pay-by-mobile continent in the world