Introduction to Blockchain for Business
•
1 like•259 views
This presentation introduces the viewer to: 1. blockchain in the context of general purpose technologies (GPTs) as introduced by R. Lipsey on his book Economic Transformations, 2. how innovation leads us to the blockchain and what fundamental problem it solves in today's digital value transactions. 3. the basics of blockchain for business, 4. what is tokenisation, what kind of token categories exist, and how are these category tokens generated.
Recommended
Recommended
More Related Content
What's hot
What's hot (20)
Similar to Introduction to Blockchain for Business
Similar to Introduction to Blockchain for Business (20)
More from Fito Benitez
Recently uploaded
Recently uploaded (20)
Introduction to Blockchain for Business
- 1. BLOCKCHAINPutting trust back into our systems.
- 2. FITO Benitez ๏ team member of HEAT Ledger Ltd., a blockchain software company (Finland). ๏ dedicated to inspiring and educating on the enabling forces behind blockchain and crypto. ๏ been part of (1) internet explosion, (2) social media revolution, and now the (3) blockchain transformation. ๏ specially interested in the transformational effect of enabling technologies into society. @heatcrypto @heatledger @fitobenitez @fitobenitez
- 3. A B
- 5. Bruce Pon BigchainDB (Founder & CEO) Ocean Protocol (Founder)
- 6. GENERAL PURPOSE TECHNOLOGIES (GPTs) 1. That the kind of ICT induced economic-social-political transformation that we are living through today is not unique in history. 2. That those transformations are relatively rare in history. 3. That the interval between them has been diminishing over the last couple of centuries. The domestication of animals (8000 BC) The wheel (5000 BC) Iron (1200 BC) The Internet (20th century) The 3 masted sailing ship (13th century) The factory system (18th century) Electricity (19th century) 3 CONCLUSIONS
- 7. AND IT IS ONE WE DIDN’T EVEN KNOW WE NEEDED UNTIL BITCOIN SHOWED US. IT IS A WAY TO PUT TRUST BACK INTO OUR SYSTEMS AWAY FROM A FEW GATEKEEPERS LIKE BANKS, INSURANCE COMPANIES, SOCIAL MEDIA GIANTS, AND GOVERNMENTS. BLOCKCHAIN IS ONE!
- 8. BLOCKCHAINThe internet of transactions.
- 9. BLOCKCHAIN = LEDGER LEDGER = A WRITTEN OR DIGITAL RECORD OF TRANSACTIONS BLOCKCHAIN = DISTRIBUTED LEDGER TECHNOLOGIES CENTRALIZED - Legacy DISTRIBUTED (P2P) - Blockchain
- 10. transparency security traceability efficiency & speed participants share same data no single point of failure audit trail consensus & automation reduced costs storage, security, 3rd party trust BENEFITS
- 11. CROSS-BORDER PAYMENT legacy blockchain insurance insurance sender receivercredit card issuer sender bank clearing house receiver bank sender receiver asset exchange platform $ $ $ $ $ $ $ insurance $
- 12. TECH SURGE CYCLE * * by Carlota Perez
- 13. “ Each revolution begins with a financial bubble that propels the (irrationally) rapid installation of the new technology. Then there’s a crash, followed by a recovery and then a long period of productive growth as the new technology is “deployed” throughout other industries as well as society more broadly. Eventually the revolution runs its course and a new technological revolution begins.” Chris Dixon (Entrepreneur & Investor) Chris Dixon Entrepreneur Investor
- 14. TOKENIZATIONStoring & transfering value.
- 15. Tokenization is the process of digitally storing the property rights to a thing of value (asset) on a blockchain or distributed ledger, so that ownership can be transferred via the blockchain’s protocol. asset asset token blockchain token token token token tokentoken asset token asset token
- 16. TYPES OF TOKENS asset token currency equity utility payments = storing value access = rights of usage security = rights of ownership MINING ICO / TGE STO / ETO
- 17. THANK YOU! Fito Benitez Blockchain Consultant HEAT Ledger Ltd. fito@heatledger.com