I am PS Praveen

Blockchain Monk
The Blockchain Network
You can find me at:
Twitter: @the_blockzero
The Blockchain Network 2
Bitcoin will do to banks
what email did to the
postal industry
– Rick Falkvinge

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Satoshi Nakamoto Is The Alleged
Inventor of BitCoin

“I did not create, invent or otherwise work on Bitcoin” -Dorian Satoshi Nakamoto
Adam Back
Born in London
Computer Science Ph.D
Invented Hashcash
One of the first two people to
receive an email from Satoshi
Worth over US$19 billion
CEO of Blockstream
He now resides in Sliema, Malta

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1

Let’s get started

Bitcoin
Created back in 2008, it has gone through
phases of criticism and growth and
recently breaking the ten thousand dollar
mark as a traded stock. It started to gain
momentum back in 2014 but recently the
world has taken notice of the
electronic currency.
The hype surrounding Bitcoin has many
starting to believe it may be a bubble, so
how does the hype around this
cryptocurrency compare to the hype
around other, more household companies?
Business Understanding
Bitcoin
Bitcoin is a cryptocurrency, a
digital asset designed to work
as a medium of exchange that
uses cryptography (practice
and study of techniques for
secure communication in the
presence of third parties
called adversaries) to control
its creation and management.
Alt-Coins : Ethereum, Ripple …..
Bitcoin Adoption
Opportunities of
Cryptocurrency for Indians
https://www.youtube.com/watch?v=WttUpn5Uuwo&t=71s

See at your leisure

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Blockchain
Technology
Fundamentals
 WHAT IS A BLOCKCHAIN?
Blockchain is decentralized, open &
cryptographic nature allow people to trust
each other and transact peer to peer,
making the need for intermediaries
obsolete.

• Banks, Central Banks, Exchanges, VC’s

• Taluk offices, Police Station, Verification etc
Transactions
Transactions are grouped
in a Block

https://blockexplorer.com/
Blocks are connected

https://btc.com/
Decentralized ????
Rather than the centralized “Hub and Spoke” type of network,
Blockchain is a decentralized peer to peer network. Where
each NODE has a copy of the ledger.
Legacy Network Blockchain Network
Centralized DB Distributed Ledgers
Advantages ????

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Types of Blockchain
Blockchain
adoption timelines

Source: Accenture Research 22

Visualization
of
Blockchain
https://bitbonkers.com/ - Live Bitcoin Txs
http://ethviewer.live/ - Etherium Blocks
http://bitcoin.interaqt.nl/ - Bitcoin Transactions
https://bitnodes.earn.com/– Nodes Worldwide
https://iohk.io/ - Blockchain content

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ISO/TC 307
1. Blockchain and distributed ledger technologies
2. Privacy and personally identifiable information protection
considerations
3. Security risks, threats and vulnerabilities
4. Reference architecture
5. Legally binding smart contracts
6. Discovery issues related to interoperability
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Let’s review
some concepts
Satoshi
Nakamoto Bitcoin Blockchain

Transactions Distributed
Cryptography (Democracy)
Types
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Catch up in
the next
Module

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Diagrams and infographics

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What is a Consortium?
A type of network
Multiple organizations maintain the system
A group of companies
Collaborate on technology adoption in the industry
Establishing industry standards,
Drafting use cases
Developing key infrastructure
Operating commercial blockchain platforms.

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Types of Consortia
Technology-focused R3Corda, Hyperledger, Quorum
Business-focused Marco Polo, B3i, TradeConnect, Mobi
Hybrid – Technology and Business like R3Corda

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 Inland Transportation

Customs Shippers / Beneficial

Brokers Cargo Owner

Supply Chain
Visibility Systems

Trade
Associations

Supply Chain /
Transportation
Management
Systems

Authorities
Freight
Forwarders / 3PLs

Port Community
Systems; Terminal
Operating Systems Financial / Insurance
Services 31
 Inland Transportation

Customs Shippers / Beneficial

Brokers Cargo Owner

Supply Chain
Visibility Systems
Customs
Systems

Trade
Ports and THE PLATFORM IS BUILT ON AN OPEN Associations
Terminals
TECHNOLOGY STACK AND IS UNDERPINNED
BY BLOCKCHAIN TECHNOLOGY
Supply Chain /
Transportation
Ocean Carriers
Management
Systems

Authorities
Freight Forwarders
/ 3PLs

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Mobi

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Advantages
Cost savings
Shared (and lower) risks
Build critical mass of adoption
Offer influencing standards
Coopetition
Achieve efficient change
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