Bitcoin, Blockchain Technology, problems, and solutions

Why was bitcoin made?

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why haven't you used bitcoin yet

How to get started

how do you get started using fiat vs bitcoin

Why you should care, today.

Bitcoin

Ethereum

Dogecoin

Tesla

Amazon

2021 - is bitcoin dying?

https://99bitcoins.com/bitcoin/historical-price/

How do I send money quickly anywhere in the world?

  • No central banks

  • No physical form

  • No government backing

  • Anyone can participate

  • No formal identification

Payment Systems

  • Basic money transfer
  • Remittance
  • MicroTransactions - ChangeTip
  • Currency - Purse.io/Amazon

  • Currency - OpenBazaar

  • Gift Cards - Gyft

  • it works. today. right now.
  • global reach
  • objective inference
  • inexpensive and swift
  • irreversible transactions
  • consensus and security
  • psuedonymous

How much is the stability of your currency worth to you?

Winning has a Financial Reward

How hard can it be?

  • Current Bitcoin Difficulty (1011 different possibilities)

  • The number of bits on a computer hard disk (typically about 1013, 500-1000 GB)

  • The number of cells in the human body (more than 1014)

  • The number of neuronal connections in the human brain (estimated at 1014)

  • Maximum Bitcoin Difficulty (1077 different possibilities)

  • The estimated number of atoms in the observable Universe (1080)

  • The lower bound on the game-tree complexity of chess (estimated at around 10120)

Who decides the inflation rate?

Decentralized Governments

  • Crowdfunding - WeiFund

  • Corporate - Boardroom

  • Sharing Economy - INFLEKT

  • Voting - Republic of Georgia

Corruption

Decentralized

Storage and Computation

  • Intelligence - OpenMinded

  • Crowdsourcing - Celo
  • Storage - Sia
  • Storage - Storj

Cloud Computing

Tokenizing

  • The Bitcoin Experience - kotoken

  • Loyalty Points - hotelblockchain

  • Energy - TransActive Grid

  • Property - Smart Property

  • NFTs - NiftyGateway

Digital Assets

Transparent Markets

  • Prediction Market - Augur

  • Prediction Market - GroupGnosis

  • General Marketplace- OpenBazaar

  • Hash Cracker - Firecracker

  • Supply Chain - EximChain

  • Fundraising - Aragon

Online Markets

Digital Identity

  • Airbitz Edge Security

  • Blockstack

  • Medical Records - MedRec

  • Media Payments - Ujo Music

  • Rent/Share Property - Slock.it

  • Media Rights - Molten

Historical Record

  • Marriage - Hudson Jameson

  • Prestige - King of the Ether

  • Journalism and Social Media - Steemit

  • opentimestamps.org

  • MIT Blockchain Graduation Certificates

  • Trusted Data Oracles - Chainlink

Random Number Generators

  • Gambling - Satoshi Dice

  • Verifiable Random Functions - Chainlink

Malicious Applications

“There is no good and evil, there is only power and those too weak to seek it.”


― J.K. Rowling, Harry Potter and the Sorcerer's Stone

AIS 2021 Blockchain Roundtable

By Nchinda Nchinda

AIS 2021 Blockchain Roundtable

This is a slides accompaniment to a discussion about the problems blockchain can solve for the digital AIS 2021

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