@SDWOUTERS THE Blockchain Immutable data
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@SDWOUTERS
THE Blockchain
Immutable data
samwouters.com
Speaker on Bitcoin & Blockchain
Digital Transformation Consultantat Duval Union Consulting
WWW
Sam Wouters
@sdwouters
‣ We are a digital consulting company.
‣ Founded in 2009 as DearMedia.
‣ We work for large European clients.
‣ We have a strong vision on the impact of digital and act accordingly.
‣ We are advisors, writers, coaches and entrepreneurs.
@SDWOUTERS
One of manyDISRUPTIVE PLAYERS
@SDWOUTERS
Invented in 2008: a system to eliminate the need for “trusted” third parties
bitcoin.org/bitcoin.pdf
@SDWOUTERS
“bitcoin is digital
money”Who has heard of Bitcoin before today?
Positive image? Negative image?
Who fundamentally understands
Bitcoin?
@SDWOUTERS
Media that predicted The Death of Bitcoin
Deaths by publication:
DailyPaulCNNCity A.M.ChronBroken Librarian BTC Feed Business InsiderBloombergAbout.com Acton BizNews.comArduino TronicapenwarrAOL
Financial TimesFester’s DenDavid Seaman FortuneForbesFool.com FusionGizmodo Australia IEX International Business Times Javamazon Moneygeek
MyBroadBandMother Jones News.com.au NewStatesman NY Mag OUI Share
The New York TimesThe KernelThe Calculating InvestorStreet InsiderSputnik NewsPYMNTS.com Reuters Robert Nielsen Salon Seeking Alpha
The Underground EconomistThe Telegraph The Washington Post The Weekly StandardUSA Today Valley News VICE News Wired YahooWall Street Daily
bitcoinobituaries.com
@SDWOUTERS
Bitcoin has been running non-stop for 7+ years
160M 440K $150M
$105B
Transactions Blocks in the blockchain
in transactions per day currently
Transferred over the blockchain
466M 16M $12B 160K
bitcoins transferred over the blockchain
Amount of Bitcoins that currently exist
Value of all bitcoins
companies (indirectly) accept bitcoins
Banks: Bitcoin can’t work, it’s all about the Blockchain
@SDWOUTERS
Bitcoin is a way to digitally transfer ownership without
a middleman
The blockchain is a database that records
ownership throughout time
What’s the difference?
@SDWOUTERS
What can we do with them?
0.00000001 BTC1 BTC
@SDWOUTERS
What other opportunities are out there?
Finance
Internet of Things?
Energy?
Identity?
Supply chain? Property?
Legal?
I explain to people why Bitcoin & Blockchain matter, how they work
and what we can do with them@SDWOUTERS
I can’t do that in 15 minutesSo I’ll compare them to The INTERNET
@SDWOUTERS
@SDWOUTERS
The MOST IMPORTANT Market Research tool
It’s all about data!
@SDWOUTERS
The value of data creates problems
Problems Solutions
Central point of failure Decentralized network
Expensive to secure Shared security cost
Trust who is in charge Trust a fixed set of rules
Centralized
All organizations
@SDWOUTERS
There are Solutions
Problems Solutions
Central point of failure Decentralized network
Expensive to secure Shared security cost
Trust who is in charge Trust a fixed set of rules
Decentralized
The Internet & BLOCKCHAIN
Centralized
All organizations
@SDWOUTERS
Is the Internet REALLY decentralized?
@SDWOUTERS@SDWOUTERS
“The web is decentralized by design, but became centralized.
The problem is the dominance of:• one search engine• one big social network• one Twitter for microblogging
We don’t have a technology problem; we have a social problem.
They have the data and we don’t.”
~Tim Berners Lee, inventor of the World Wide Web
“Social” identity
“Personal” identity
@SDWOUTERS
Blockchain technology may be a solution to create personal digital identities
Decentralized security
Globally
usable
User controlle
d
@SDWOUTERS
From To Blockchain
ID@SDWOUTERS
@SDWOUTERS
Logical EvolutionINTERNETTransfer information
BLOCKCHAINTransfer ownership
TEXT IMAGES PROGRAMS VIDEOS
MONEY CONTRACTS PATENTS ASSETS
@SDWOUTERS
When use blockchain technology?
You need to exchange data among a select
group that doesn’t trust each other
@SDWOUTERS
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