!"#$%&'(&)*#'&+,-').

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0"($%$1,#2&,2*&
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& George Levy, CSBCP, CBP!
Blockchain Institute of Technology!
@georgelevy!
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 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!
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What is blockchain?!

!
!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!

!
!

•! Agree on terms!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!

!
!

•! Agree on terms!
•! Once completed - it’s
final.!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!

!
!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!

!
!

•! Errors!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!

!
!

•! Errors!
•! Discrepancies!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!

!
!

•! Errors!
•! Discrepancies!
•! Tampering!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!

!
!

•! Errors!
•! Discrepancies!
•! Tampering!
•! Lost or deleted!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!

!
!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!

!
!

•! Single ledger!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!

!
!

•! Single ledger!
•! Shared!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!

!
!

•! Single ledger!
•! Shared!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!

!
!

•! Single ledger!
•! Shared!
•! Permanent!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!

!
!

•! Single ledger!
•! Shared!
•! Permanent!
•! Immutable!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is blockchain?!

!
!

•! Single ledger!
•! Shared!
•! Permanent!
•! Immutable!
Definition of!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
a Blockchain!

“
A blockchain is a constantly growing
ledger that keeps a permanent record of
all the transactions that have taken place,

”
in a secure, chronological and immutable
way.!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is a Blockchain?!

!
Ledger
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is a Blockchain?!

!
!
Ledger

Constantly Growing!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is a Blockchain?!

!
!
Ledger

Constantly Growing!
Over 200 GB!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is a Blockchain?!

!
!
Ledger

!
Constantly Growing!

Permanent Record of all

Transactions!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is a Blockchain?!

!
!
First Bitcoin Transaction
Ledger Ever!

!
Constantly Growing!

Permanent Record of all

Transactions!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is a Blockchain?!

!
!
First Bitcoin Transaction
Ledger Ever!

!
Constantly Growing!

Permanent Record of all

Transactions!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is a Blockchain?!

!
!
First Bitcoin Transaction
Ledger Ever!

!
Constantly Growing!

Permanent Record of all

Transactions!

SO1)&O#;)-&GRTU,2TCGGV&!1,2$)""(.&(2&L.#2%&&
(=&-)$(2*&L,#"(4'&=(.&L,2%-W&
The Times. January 3, 2009!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is a Blockchain?!

!
!
Ledger

!
Constantly Growing!

!
Permanent Record of all Transactions!

Secure!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is a Blockchain?!

!
!
Ledger

!
Constantly Growing!

!
Permanent Record of all Transactions!

!
Secure!

Chronological!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is a Blockchain?!

!
!
Ledger

!
Constantly Growing!

!
Permanent Record of all Transactions!

!
Secure!

!
Chronological!

Immutable!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
What is a Blockchain?!

!
!
Ledger

!
Constantly Growing!

!
Permanent Record of all Transactions!

!
Secure!

!
Chronological!

Immutable!
Block: 518,350 ( 2018-04-15) !
"The Internet broke... Blockchain will fix it." !
- George Levy!
Definition of!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
a Blockchain!

“
A blockchain is a constantly growing
ledger that keeps a permanent record of
all the transactions that have taken place,

”
in a secure, chronological and immutable
way.!
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Definition of!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
a bitcoin!

“
A bitcoin is an asset of value that can be
exchanged securely between two parties over
the Internet, without needing a centralized
third-party like a bank, credit card or other
organization.!
”
What’s the !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Big Idea?!

!
!
What’s the !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Big Idea?!

3rd Party Agent!

!
!

•! Bank!
•! Credit Card!
•! Clearing House!
What’s the !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Big Idea?!

3rd Party Agent!

!
!

•! Bank!
•! Credit Card!
•! Clearing House!
What’s the !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Big Idea?!

3rd Party Agent!

!
!

•! Bank!
•! Credit Card!
•! Clearing House!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Bitcoin Transfer of Value!

!
!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Bitcoin Transfer of Value!

Peer-to-Peer!

!
!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Bitcoin Transfer of Value!

Peer-to-Peer!

!
!

Bitcoin!
Network!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Bitcoin Transfer of Value!

Peer-to-Peer!

!
!

Bitcoin!
Network!
!
Blockchain!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Bitcoin Transfer of Value!

!
Peer-to-Peer!

!
Disintermediated!
!

Bitcoin!
Network!
!
Blockchain!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Bitcoin Transfer of Value!

!
Peer-to-Peer!

!
!
Disintermediated!
!
Decentralized!

Bitcoin!
Network!
!
Blockchain!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Bitcoin Transfer of Value!

!
Peer-to-Peer!

!
!
Disintermediated!

!
!
Decentralized!

Trustless!
Bitcoin!
Network!
!
Blockchain!
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&

N(4L")&J3)2*&6.(L");&
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Double spend problem!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Double spend problem!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Take a digital photograph!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Email it to someone else!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
You now have two photos…!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
You now have two photos...!

O1)&(2)&
/(4&-)2'&L/&
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 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
You now have two photos...!

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 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Take a digital photograph!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Take a digital photograph!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Double Spend Problem!

“ N(4L")&-3)2*#2K&#2I("I)-&'1)&,$'&(=&-3)2*#2K&'1)&-,;)&
;(2)/&;(.)&'1,2&(2$)A&&

”
&
!
 Click to edit Master title style
Bitcoin Enables “Digital Scarcity”!

“ Digital scarcity is the ability to limit the quantity

available of a digital asset.!

”
!
This digital scarcity adds value to the digital asset as
it creates a limit to the amount of it that is available.!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
How Bitcoin Works!

Peer-to-Peer!

•! Bitcoin Network!

•! Blockchain!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
How Bitcoin Works!

Peer-to-Peer!
!
Network of Nodes!

•! Bitcoin Network!

•! Blockchain!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
How Bitcoin Works!

!
!
Peer-to-Peer!
Network of Nodes!

Public Blockchain!

•! Bitcoin Network!

•! Blockchain!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
How Bitcoin Works!

!
!
Peer-to-Peer!
Network of Nodes!

Public Blockchain!

•! Bitcoin Network!

•! Blockchain!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
How Bitcoin Works!

!
!
Peer-to-Peer!
Network of Nodes!

!
Public Blockchain!

! Miners !

!
•! Bitcoin Network!

•! Blockchain!
The Role of!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Bitcoin Miners!

Peer-to-Peer!
!
Q2/(2)&$,2&L)&,&;#2).&

•! Bitcoin Network!

•! Blockchain!
The Role of!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Bitcoin Miners!

!
!
Peer-to-Peer!
Q2/(2)&$,2&L)&,&;#2).&

6.($)--&,2*&!(2=#.;&O.,2-,$'#(2-&

•! Bitcoin Network!

•! Blockchain!
The Role of!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Bitcoin Miners!

!
!
Peer-to-Peer!
Q2/(2)&$,2&L)&,&;#2).&

!
6.($)--&,2*&!(2=#.;&O.,2-,$'#(2-&

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•! Bitcoin Network!

•! Blockchain!
The Role of!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Bitcoin Miners!

!
!
Peer-to-Peer!
Q2/(2)&$,2&L)&,&;#2).&

!
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!
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•! Bitcoin Network!

•! Blockchain!
The Role of!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Bitcoin Miners!

!
!
Peer-to-Peer!
Q2/(2)&$,2&L)&,&;#2).&

!
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!
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•! Bitcoin Network! +#2).-&Q.)&6,#*&#2&0#'$(#2&

•! Blockchain!
Click to edit Master title style

The Four Components of

Bitcoin
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
The Four Components of Bitcoin!

Hardware!

!
!

!
Powerful Network of Computers!

!
No Central Owner or Controller!

Anyone Can Join the Network!

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Supports 3 Key Areas!
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Supports 3 Key Areas!

Value
Enables a unique asset to be transferred over
the Internet without a middle centralized agent.
Blockchain!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Supports 3 Key Areas!

Value
Enables a unique asset to be transferred over
the Internet without a middle centralized agent.

Trust
Creates a permanent, secure and
unalterable record of who owns what.
Using advanced Hash Cryptography,
“Information integrity” is preserved.
Blockchain!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Supports 3 Key Areas!

Value
Enables a unique asset to be transferred over
the Internet without a middle centralized agent.

Trust Reliability
Creates a permanent, secure and Decentralized network structure ensures
unalterable record of who owns what. that there is no single point of failure which
Using advanced Hash Cryptography, could bring the entire system down.
“Information integrity” is preserved.
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Cryptocurrency!

Cryptocurrency is a type of digital asset which

“
can be used to exchange value between
parties. !
!
It uses cryptography to secure how it’s
transferred and to control the creation of new
units of that currency.! ”
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Cryptocurrency!

Cryptocurrency is a type of digital asset which

“
can be used to exchange value between
parties. !
!
It uses cryptography to secure how it’s
transferred and to control the creation of new
units of that currency.! ”
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Cryptocurrency!

Cryptocurrency is a type of digital asset which

“
can be used to exchange value between
parties. !
!
It uses cryptography to secure how it’s
transferred and to control the creation of new
units of that currency.! ”
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Key Benefits of Cryptocurrency!

!
Impossible to counterfeit!

!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Key Benefits of Cryptocurrency!

!
!
Impossible to counterfeit!

Decentralized cryptocurrencies are impervious to manipulation by

governments!

!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Key Benefits of Cryptocurrency!

!
!
Impossible to counterfeit!

Decentralized cryptocurrencies are impervious to manipulation by !

!
governments
governments!

Fast settlement!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Key Benefits of Cryptocurrency!

!
!
Impossible to counterfeit!

Decentralized cryptocurrencies are impervious to manipulation by !

!
governments
governments!

!
Fast settlement!

Can help the over 2 Billion underbanked people worldwide!

 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Key Benefits of Cryptocurrency!

!
!
Impossible to counterfeit!

Decentralized cryptocurrencies are impervious to manipulation by !

!
governments
governments!

!
Fast settlement!

!
Can help the over 2 Billion underbanked people worldwide!

Billions of dollars in cryptocurrency exchange hands daily worldwide!

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!
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!
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Blockchain!
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Litecoin and Blockchain!
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Litecoin!
Nodes! Blockchain
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Bitcoin Cash and Blockchain!
!"#$%"&(4+,5'()*+&,-.*(%-(+&(/,,.#(%-((
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Bitcoin
Cash!
Nodes!
Blockchain
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Different Types of Cryptocurrency!

!
Bitcoin!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Different Types of Cryptocurrency!

!
!
Bitcoin!

Litecoin, Bitcoin Cash…!

 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Different Types of Cryptocurrency!

!
!
Bitcoin!

!
Litecoin, Bitcoin Cash…!

Variations to the original Bitcoin protocol addressing different areas.!

 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Different Types of Cryptocurrency!

!
!
Bitcoin!

!
Litecoin, Bitcoin Cash…!

!
Variations to the original Bitcoin protocol addressing different areas.!

Ethereum – A decentralized platform that runs smart contracts.!

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a Smart Contract!

Smart Contracts, also known as Smart

Code or Smart Property, are computer

“ protocols that can act as a contract. !

!

”
A Smart Contract can handle
autonomously the enforcement and
fulfillment of a contract!
without needing a third party to oversee
that the contract is executed.!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Smart Contracts!

!
!

•! No third party!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Smart Contracts!

!
!

•! No third party!
•! Written in code!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Smart Contracts!

!
!

•! No third party!
•! Written in code!
•! Front loaded!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Smart Contracts!

!
Two or More Parties!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Smart Contracts!

!
!
Two or More Parties!

More than Sending Virtual Currency!

 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Smart Contracts!

!
!
Two or More Parties!

!
More than Sending Virtual Currency!

Automated!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Smart Contracts!

!
!
Two or More Parties!

!
More than Sending Virtual Currency!

!
Automated!

Disintermediated!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Smart Contracts!

!
!
Two or More Parties!

!
More than Sending Virtual Currency!

!
Automated!

!
Disintermediated!

Immutable!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Smart Contracts!

!
!
Two or More Parties!

!
More than Sending Virtual Currency!

!
Automated!

!
Disintermediated!

!
Immutable!

Trustless!
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Definition of!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
a Digital Token!
A token is a digital asset that can represent anything. Some

“
examples include securities, loyalty points and real world
assets. !
!
A token smart contract is a smart contract which is built on a

”
smart contract platform such as Ethereum. These tokens can
be exchanged securely over the Internet.!

!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Digital Token Uses!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Digital Token Uses!

Audiocoin – Cryptocurrency for music industry!

!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Digital Token Uses!

!
Audiocoin – Cryptocurrency for music industry!

Golem – Shared economy computing power !

!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Digital Token Uses!

!
Audiocoin – Cryptocurrency for music industry!

Golem – Shared economy computing power !

VeChain – Track supply chains on blockchain!

 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Digital Token Uses!

!
Audiocoin – Cryptocurrency for music industry!

Golem – Shared economy computing power !

VeChain – Track supply chains on blockchain!

Steemit – Rewards platform for content publishers!

!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Digital Token Uses!

!
Audiocoin – Cryptocurrency for music industry!

Golem – Shared economy computing power !

VeChain – Track supply chains on blockchain!

!
Steemit – Rewards platform for content publishers!

CryptoKitties - Collect and breed digital cats!

!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Digital Token Uses!

!
Audiocoin – Cryptocurrency for music industry!

Golem – Shared economy computing power ! Satoshi

Catamoto!
VeChain – Track supply chains on blockchain!

!
Steemit – Rewards platform for content publishers!

CryptoKitties - Collect and breed digital cats!

!
https://www.cryptokitties.co/kitty/701380!

!
 !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Digital Token Uses!

!
Audiocoin – Cryptocurrency for music industry!

Golem – Shared economy computing power ! Satoshi

Catamoto!
VeChain – Track supply chains on blockchain!

!
Steemit – Rewards platform for content publishers!

CryptoKitties - Collect and breed digital cats!

!
https://www.cryptokitties.co/kitty/701380!

“Genesis”sold for 246.9255 ETH (~$117,712 USD)!

 Coin Offerings !
About Initial!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
 Coin Offerings !
About Initial!"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
Similar to “Kickstarter” / crowdfunding but using cryptocurrency!
 Coin Offerings !
About Initial!"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
Similar to “Kickstarter” / crowdfunding but using cryptocurrency!

Originally used by startups to bypass regulated capital-raising process!

 Coin Offerings !
About Initial!"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
Similar to “Kickstarter” / crowdfunding but using cryptocurrency!

!
Originally used by startups to bypass regulated capital-raising process!

Percentage of the new cryptocurrency sold to early backers!

 Coin Offerings !
About Initial!"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
Similar to “Kickstarter” / crowdfunding but using cryptocurrency!

!
Originally used by startups to bypass regulated capital-raising process!

!
Percentage of the new cryptocurrency sold to early backers!

Facing increased regulation and legal actions !

Initial Coin !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Offerings / Initial Token Offerings!
Initial Coin !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Offerings / Initial Token Offerings!

$6.22 Billion 2017!

Source: ICOData.io 3/2019!

Initial Coin !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Offerings / Initial Token Offerings!

$6.22 Billion 2017! $7.8 Billion 2018!

Source: ICOData.io 3/2019!

 IPOs vs ICOs!
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Initial Public Offerings (IPOs)!

!
!
Highly regulated!

!
Take multiple months to happen!

Must file with FINRA, SEC, states where securities are offered!
 IPOs vs ICOs!
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Initial Public Offerings (IPOs)!

!
!
Highly regulated!

!
Take multiple months to happen!

Must file with FINRA, SEC, states where securities are offered!

!
Initial Coin Offerings (ICOs)!

!
Less regulation!

!
Faster to happen than IPO!

Must file with FINRA, SEC, states where securities are offered!
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&

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&
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5 Real Business Use Cases of Blockchain!
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
1. Food Supply – Walmart: Tracking food safety on the food supply chain!

!
2. MyStory: Track provenance of wine and products!

3. Shipping - AB InBev, Accenture, APL and Kuehne + Nagel: Eliminate printed shipping

!
documents
documents!

!
4. JPM Coin – JP Morgan: US-Dollar pegged cryptocurrency!

5. Trade Finance - HSBC: Improve efficiencies and reduce time !

5 Real Business Use Cases of Blockchain!
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
1. Food Supply – Walmart: Tracking food safety on the food supply chain!

!
2. MyStory: Track provenance of wine and products!

3. Shipping - AB InBev, Accenture, APL and Kuehne + Nagel: Eliminate printed shipping

!
documents
documents!

!
4. JPM Coin – JP Morgan: US-Dollar pegged cryptocurrency!

5. Trade Finance - HSBC: Improve efficiencies and reduce time !

 !
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Walmart: Supply Chain Management

!
Began tests in 2016 !
 !
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Walmart: Supply Chain Management

!
!
Began tests in 2016 !

Suppliers and products tracked on blockchain!

 !
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Walmart: Supply Chain Management

!
!
Began tests in 2016 !

!
Suppliers and products tracked on blockchain!

Originally tracked pork products across china!

 !
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Walmart: Supply Chain Management

!
!
Began tests in 2016 !

!
Suppliers and products tracked on blockchain!

!
Originally tracked pork products across china!

Has expanded to all leafy green vegetables, and planning beyond!

 !
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Walmart: Supply Chain Management

!
!
Began tests in 2016 !

!
Suppliers and products tracked on blockchain!

!
Originally tracked pork products across china!

!
Has expanded to all leafy green vegetables, and planning beyond!

Improved supply chain transparency and efficiency!

 !
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Walmart: Supply Chain Management

!
!
Began tests in 2016 !

!
Suppliers and products tracked on blockchain!

!
Originally tracked pork products across china!

!
Has expanded to all leafy green vegetables, and planning beyond!

!
Improved supply chain transparency and efficiency!

Manage contamination cases!

 !
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
Walmart: Supply Chain Management

!
!
Began tests in 2016 !

!
Suppliers and products tracked on blockchain!

!
Originally tracked pork products across china!

!
Has expanded to all leafy green vegetables, and planning beyond!

!
Improved supply chain transparency and efficiency!

!
Manage contamination cases!

Reduced time to track produce from average 6 days to under 3 seconds!

5 Real Business Use Cases of Blockchain!
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
1. Food Supply – Walmart: Tracking food safety on the food supply chain!

!
2. MyStory: Track provenance of wine and products!

3. Shipping - AB InBev, Accenture, APL and Kuehne + Nagel: Eliminate printed shipping

!
documents
documents!

!
4. JPM Coin – JP Morgan: US-Dollar pegged cryptocurrency!

5. Trade Finance - HSBC: Improve efficiencies and reduce time !

DNV GL MyStory : Track provenance of wine
TM

!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
and products!
DNV GL MyStory : Track provenance of wine
TM

!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
!

!
and products

Blockchain tracking of wine and products!

DNV GL MyStory : Track provenance of wine
TM

!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
!

!
and products

!
Blockchain tracking of wine and products!

Mobile app scan QR code!

DNV GL MyStory : Track provenance of wine
TM

!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
!

!
and products

!
Blockchain tracking of wine and products!

Mobile app scan QR code!

MyStoryTM wine bottle label !

DNV GL MyStory : Track provenance of wine
TM

!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
!

!
and products

!
Blockchain tracking of wine and products!

!
Mobile app scan QR code!

“Grape-to-Bottle” visibility!

MyStoryTM wine bottle label !

DNV GL MyStory : Track provenance of wine
TM

!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
!

!
and products

!
Blockchain tracking of wine and products!

!
Mobile app scan QR code!

!
“Grape-to-Bottle” visibility!

Full history of wine from grape to bottle!

MyStoryTM wine bottle label !

DNV GL MyStory : Track provenance of wine
TM

!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
!

!
and products

!
Blockchain tracking of wine and products!

!
Mobile app scan QR code!

!
“Grape-to-Bottle” visibility!

!
Full history of wine from grape to bottle!

Quality, authenticity, origin, ingredients!

MyStoryTM wine bottle label !

DNV GL MyStory : Track provenance of wine
TM

!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
!

!
and products

!
Blockchain tracking of wine and products!

!
Mobile app scan QR code!

!
“Grape-to-Bottle” visibility!

!
Full history of wine from grape to bottle!

!
Quality, authenticity, origin, ingredients!

Water and energy consumption!

MyStoryTM wine bottle label !
DNV GL MyStory : Track provenance of wine
TM

!"#$%&'(&)*#'&+,-').&'#'")&-'/")&
!

!
and products

!
Blockchain tracking of wine and products!

!
Mobile app scan QR code!

!
“Grape-to-Bottle” visibility!

!
Full history of wine from grape to bottle!

!
Quality, authenticity, origin, ingredients!

!
Water and energy consumption!
MyStoryTM wine bottle label !
Three Italian wine makers featuring labels!
5 Real Business Use Cases of Blockchain!
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
1. Food Supply – Walmart: Tracking food safety on the food supply chain!

!
2. MyStory: Track provenance of wine and products!

3. Shipping - AB InBev, Accenture, APL and Kuehne + Nagel: Eliminate printed shipping !

!
documents
documents!

!
4. JPM Coin – JP Morgan: US-Dollar pegged cryptocurrency!

5. Trade Finance - HSBC: Improve efficiencies and reduce time !

AB InBev, Accenture, APL and Kuehne +
Nagel and !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
European customs: Shipping !

!
Avoided exchanging documents in paper or electronic form!
AB InBev, Accenture, APL and Kuehne +
Nagel and !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
European customs: Shipping !

!
!
Avoided exchanging documents in paper or electronic form!

Reduced requirement for data entry up to 80 percent!

AB InBev, Accenture, APL and Kuehne +
Nagel and !"#$%&'(&)*#'&+,-').&'#'")&-'/")&
European customs: Shipping !

!
!
Avoided exchanging documents in paper or electronic form!

!
Reduced requirement for data entry up to 80 percent!

Lowered risk of penalties for customs compliance issues!

5 Real Business Use Cases of Blockchain!
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
1. Food Supply – Walmart: Tracking food safety on the food supply chain!

!
2. MyStory: Track provenance of wine and products!

3. Shipping - AB InBev, Accenture, APL and Kuehne + Nagel: Eliminate printed shipping

!
documents
documents!

!
4. JPM Coin – JP Morgan: US-Dollar pegged cryptocurrency!

5. Trade Finance - HSBC: Improve efficiencies and reduce time !

 US dollar pegged cryptocurrency!
JPM Coin: !"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
Digital coin representing fiat currency!
 US dollar pegged cryptocurrency!
JPM Coin: !"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
Digital coin representing fiat currency!

US dollar pegged “stablecoin”!

 US dollar pegged cryptocurrency!
JPM Coin: !"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
Digital coin representing fiat currency!

!
US dollar pegged “stablecoin”!

One JPM Coin always has a value equivalent to one U.S. dollar!
 US dollar pegged cryptocurrency!
JPM Coin: !"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
Digital coin representing fiat currency!

!
US dollar pegged “stablecoin”!

!
One JPM Coin always has a value equivalent to one U.S. dollar!

JPM Coins are transferred instantly and redeemed for equivalent U.S. dollars!
 US dollar pegged cryptocurrency!
JPM Coin: !"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
Digital coin representing fiat currency!

!
US dollar pegged “stablecoin”!

!
One JPM Coin always has a value equivalent to one U.S. dollar!

!
JPM Coins are transferred instantly and redeemed for equivalent U.S. dollars!

Fully auditable!
 US dollar pegged cryptocurrency!
JPM Coin: !"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
Digital coin representing fiat currency!

!
US dollar pegged “stablecoin”!

!
One JPM Coin always has a value equivalent to one U.S. dollar!

!
JPM Coins are transferred instantly and redeemed for equivalent U.S. dollars!

!
Fully auditable!

Reduces settlement time!

 US dollar pegged cryptocurrency!
JPM Coin: !"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
Digital coin representing fiat currency!

!
US dollar pegged “stablecoin”!

!
One JPM Coin always has a value equivalent to one U.S. dollar!

!
JPM Coins are transferred instantly and redeemed for equivalent U.S. dollars!

!
Fully auditable!

!
Reduces settlement time!

Currently being piloted with a limited number of institutional clients!

5 Real Business Use Cases of Blockchain!
!"#$%&'(&)*#'&+,-').&'#'")&-'/")&

!
!
1. Food Supply – Walmart: Tracking food safety on the food supply chain!

!
2. MyStory: Track provenance of wine and products!

3. Shipping - AB InBev, Accenture, APL and Kuehne + Nagel: Eliminate printed shipping

!
documents
documents!

!
4. JPM Coin – JP Morgan: US-Dollar pegged cryptocurrency!

5. Trade Finance - HSBC: Improve efficiencies and reduce time !

 !
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HSBC Singapore!
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HSBC: Trade finance

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!
HSBC Singapore!

First transaction: Soybeans traded from South America to Asia!

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HSBC: Trade finance

!
!
HSBC Singapore!

!
First transaction: Soybeans traded from South America to Asia!

Exchange of letters of credit reduced from 5 – 10 days to only 24 hours!

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!
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!
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!
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!
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Blockchain Is a Better Database!

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!
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All Blockchains are Public!

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!
!
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!
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All Blockchains are Public!

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!
!
Blockchain is Bitcoin!

!
Blockchain Is a Better Database!

!
All Blockchains are Public!

Blockchain and Distributed Ledger Technology Are the Same!

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!
!
Blockchain is Bitcoin!

!
Blockchain Is a Better Database!

!
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Blockchain and Distributed Ledger Technology Are the Same!

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!
!
Blockchain is Bitcoin!

!
Blockchain Is a Better Database!

!
All Blockchains are Public!

!
Blockchain and Distributed Ledger Technology Are the Same!

Blockchain Can Make Any Business Better!

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!
!
Blockchain is Bitcoin!

!
Blockchain Is a Better Database!

!
All Blockchains are Public!

!
Blockchain and Distributed Ledger Technology Are the Same!

Blockchain Can Make Any Business Better!

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Internet of Things (IoT)!

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!
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!
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Robotic Process Automation (RPA)!

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!
Internet of Things (IoT)!

!
3D Printing!

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Virtual / Augmented Reality!

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