Blockchain revolution

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The Blockchain Revolution

Dutch National Bitcoin CongressAmsterdamJune 2015

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David G.W. BirchDirector of Innovation at Consult Hyperion

An internationally-recognised thought leader in digital identity and digital money;

Named one of the global top 15 favourite sources of business information (Wired magazine);

In the London FinTech top 3 most influential powerlist (City A.M.)

One of the top ten Twitter accounts followed by innovators, along with Bill Gates and Richard Branson (PR Daily);

One of the top ten most influential voices in banking (Financial Brand);

Named one of the "Fintech Titans" (NextBank);

Voted one of the European “Power 50” people in digital financial services (FinTech Awards);

Ranked Europe’s most influential commentator on emerging payments (Total Payments magazine).2

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It was 20 years ago today…

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Consult Hyperion…

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Business ideas and techno-reality

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An idea whose time has come

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Shared ledgers in a glass bank

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Shared ledger using a blockchain

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“Smart” “contracts” and “property”

p.225 Smart contracts need not be limited to finance and when paired with "smart property" — where deeds, titles and other certifications of ownership are put in digital form to be acted on by software — these contracts allow the automatic transfer for ownership of a physical asset.

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Let’s speculate

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Campus consent

No means #NO

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Protected provenance

Diamonds are a URLs best friend

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Democratic deficit

Never mind voter ID, what about voter IQ?

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Dated diligence

This when my bank did KYC and AML

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Gregarious gadgets

Everything a sensor, everyone a target

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What do these examples mean?

Consent

Doesn’t work, and won’t work with a blockchain either

Provenance

A permanent record that could spawn value-added applications

Democracy

Transparency is more important than efficiency in some applications

Diligence

Smart “contracts” might make a difference

Gadgets

This could, just could, be a new industry16

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It’s a platform world

Rather than create a new blockchain for each new idea, we will eventually have blockchain platforms on which new ideas could be implemented in situ (Wood & Buchanan).

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Blockchain as platform for

Homomorphic encryption

Delivering paradoxical privacy and transparency

Publicly private records

Value-added applications that transform the mundane

Bottom-up identity

The real revolution

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Contact

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