Blockchain Beyond Bitcoin

Transcript

1. Blockchain Beyond Bitcoin Tech Skills Masterclass Series @UchiUchibeke © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
2. ? © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke What do you want to learn/take away from this session? bit.ly/B-learning-goals
3. HELLO! I am Uchi Uchibeke Blockchain Engineer, Securekey Canada Founder, AfricaHacks You can find me at @UchiUchibeke 3 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
4. Outline 4 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke 1. Introduction 2. What do you know about Bitcoin or Blockchain? 3. Bitcoin basics a. China bitcoin and foreign exchange reserve? b. Paper 4. Have you traded or do you own any Bitcoin or other Cryptocurrencies? Q 5. Blockchain Simulation: https://dsg-titech.github.io/simblock-visualizer/Bitcoin transfer and conversion between cryptocurrencies and fiat currencies a. Sign up b. Buy c. Sell d. Real cases 6. Blockchain 7. RBC 8. Blockchain and how you can use Blockchain in your work today? C 9. Buycoins 10. Disruptive use of Blockchain to accelerate industry 4.0 adoption C 11. Discussion
5. ? © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke What do you know about Bitcoin or Blockchain? bit.ly/B-experience
6. Bitcoin A Peer-to-Peer Electronic Cash System 1 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
7. Bitcoin Basics Government-independent Can be sent securely anywhere without the need for Government or Banks 21 Million The maximum number of bitcoin that will ever be mined Satoshi Nakamoto The Pseudonym used by the creator(s) of Bitcoin in the Bitcoin Paper 2009 First appeared in 2009 7 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
8. “ 8 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke bitcoin.org/bitcoin.pdf
9. ? © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke Have you traded or do you own any Bitcoin or other Cryptocurrencies? bit.ly/B-trade
10. Cryptocurrencies 10 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke Bitcoin is not the only digital currency. The top Cryptocurrencies are: 1. Bitcoin (BTC) 2. Ethereum (ETH) 3. Ripple (XRP) 4. Litecoin (LTC) 5. Tether (USDT)
11. “ Trade Crypto CryptoSpaniards.com/simulator 11 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
12. Blockchain? Blockchain revolutionizes the way we store and share data by storing data in a Secure, Flexible, and Auditable way. 2 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
13. “ Blockchain has the potential to create new foundations for our economic and social systems. - Harvard Business Review 13 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
14. The Benefits of Blockchain Tamper-proof A completely documented history of all data and changes are available in the chain. Ransomware Resistant Viruses like WannaCry would have to compromise every single node at the same instant in order to hold the data hostage. No single point of failure If a node fails, the rest of the network compensates. Cryptographically secure Uses industry best cryptography to make the data tamper-proof. 14 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
15. Use cases of Blockchain around the World Royal Bank of Canada 15 BuyCoins Africa © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
16. Blockchain for Client ID at RBC Designed a scalable ecosystem that manages the digital client identity and product signup process across different lines of business, using Blockchain Technology. 16 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
17. Benefits to the Business ▸ It helps the bank understand clients by giving them a holistic view of clients ▸ It saves the Bank up to $33mm dollars annually ▸ And it reduces a 2 weeks process to 20 minutes ie 1,000x faster 17 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
18. Challenge 1 Create a Blockchain solution for existing Companies bit.ly/B-challenge 3 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
19. Cryptocurrency from Nigeria with Buycoins Africa Designed a Blockchain platform that serves users’ needs of buying, selling, storing or transferring Bitcoin, Ethereum, and Litecoin - as conveniently and quickly as possible. 19 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
20. Benefits to the Business ▸ They make a profit from trade fees charged for peer-to-peer transactions and other fees and from data play. ▸ And it reduces the time it takes to complete the purchase of Cryptos to 0 because transactions are completed and settled instantly. 20 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
21. Challenge 2 Disruptive use of Blockchain to accelerate industry 4.0 adoption bit.ly/B-challenge 3 © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
22. 22 THANKS! Any questions? You can find me at: ▸ @UchiUchibeke ▸ uchi@AfricaHacks.com © 2020 Uchi Uchibeke. | All Rights Reserved @UchiUchibeke
23. 23 Extra resources See https://www.africahacks.com/r esources/blockchain-beyond-bi tcoin/.