Blockchain - Introduction

David Stancel

Beyond Bitcoin

Open API
+
Auditable and Replicating SQL Database?

 

An inefficient data structure suited solely for truly decentralized (money) applications

vs.

Universal tool for reducing trust in various business applications

Source:Coindesk

Definition - new data structures--> new consensus --> DLT

Differentiation - vs. traditional distributed databases?
 

Central Governance - a trusted central party defines the rules as well as how updates are made and distributed, all interested parties accept the outputs

 

While we may see decentralized businesses in the future , they are far more likely to come from the public blockchain world where they are able to grow organically in an entirely new paradigm..

 

Tokenization
 ICOs
 STOs

Source: Coinschedule

  • Status of cryptocurrencies, taxation, accounting
     
  • ICOs, STOs
     
  • Bridging on-chain and off-chain world
     
  • Legal aspects of smart contracts
     
  • GDPR?
     

Regulatory Challenges

  • Scalability
     
  • Security
     
  • Eco-friendliness?
     
  • UX

Technological Challenges

Thank you!

stancel@blockchainslovakia.sk

Bank Summit

By David Stancel

Bank Summit

Banking Summit 2018 -October

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