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Bitcoin As Protocol: Exploring Alternative Uses...

Avatar for Joel Monegro Joel Monegro
November 14, 2014
Technology
150
0

Bitcoin As Protocol: Exploring Alternative Uses for The Blockchain

Slides for a workshop I led at NYU's Bitcoin Hackathon.

Avatar for Joel Monegro

Joel Monegro

November 14, 2014

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Transcript

  1. Bitcoin as Protocol Exploring Alternative Uses for the Blockchain

  2. Joel Monegro • Economics & Software • Entrepreneur (Payments, eCommerce,

    Social) • Digital Economy Department @ D.R. Government • Investment Team @ Union Square Ventures

  3. Bitcoin as Currency

  4. Bitcoin as Protocol

  5. The Blockchain

  6. “Money Makes the World Go Around”

  7. Bitcoin Makes The Blockchain Go Around

  8. Bitcoin Makes The Internet Go Around

  9. Bitcoin Makes The World Go Around

  10. “The Economic Layer for the Web” – Melanie Swan, IEET

  11. Money at the speed of the Internet

  12. We now have programmable financial incentives weaved into the fabric

    of the web.

  13. Native Blockchain Applications

  14. What are native Blockchain applications?

  15. What are native Internet applications?

  16. Twitter

  17. Facebook

  18. Tumblr

  19. These are all applications that could not exist without the

    Internet.

  20. What are native Mobile applications?

  21. Foursquare

  22. Whatsapp

  23. Snapchat

  24. These are applications that could not exist without smartphones.

  25. What are native Blockchain applications?

  26. Applications that could not exist without the Blockchain.

  27. Bitcoin Decentralized Money

  28. Openname Decentralized Identity and Authentication Protocol

  29. Lazooz Decentralized Transportation Protocol

  30. OpenBazaar Decentralized Marketplace Protocol

  31. What other applications can we build?

  32. What other protocols can we build?

  33. I don’t know!

  34. Thankfully that’s your job, not mine :)

  35. But here are some principles that may help you come

    up with some great ideas…

  36. Remove the Middleman 1

  37. Reduce Transaction Costs 2

  38. Programmable Financial Incentives 3

  39. Permanent State 4

  40. The Blockchain as a Competitive Advantage 5

  41. It’s still the very early days. It’s a very exciting

    time to be a Computer Science student.

  42. Thanks! @jmonegro | [email protected]