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  • BCS Session 01

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    YOGINDRE V PAI
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    The document discusses the evolution of trust from early human civilizations to modern times and how blockchain technology can help establish trust in a digital world. It outlines how concepts like coinage, printing press, and the internet have helped build trust through communication and value exchange over history. Blockchain is presented as the next step in this evolution by facilitating a "Web of Value" through decentralized verification and transaction execution.

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    The document discusses the evolution of trust from early human civilizations to modern times and how blockchain technology can help establish trust in a digital world. It outlines how concepts like coinage, printing press, and the internet have helped build trust through communication and value exchange over history. Blockchain is presented as the next step in this evolution by facilitating a "Web of Value" through decentralized verification and transaction execution.

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    © All Rights Reserved
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    15 views14 pages

    BCS Session 01

    Uploaded by

    YOGINDRE V PAI
    The document discusses the evolution of trust from early human civilizations to modern times and how blockchain technology can help establish trust in a digital world. It outlines how concepts like coinage, printing press, and the internet have helped build trust through communication and value exchange over history. Blockchain is presented as the next step in this evolution by facilitating a "Web of Value" through decentralized verification and transaction execution.

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    © All Rights Reserved
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    of 14

    Web of Value

    BLOCKCHAIN STRATEGY
    The foundation of human civilization is "trust”.
    ~ Nitin Upadhyay, UnBlock the Blockchain
    Double coincidence of wants Deviation of assessment of value Community driven coinage – internal and external trade

    Inherent complexity of trust

    Source: Wikipedia; Early 6th century BC Lydian electrum coin (one-third stater denomination)

    Establishing trust
    Source: Wikipedia; An 1874 newspaper illustration from Harper's Weekly Saving money

    Mesopotamian tribes Phoenicians

    Executing transactions
    Industry revolution : Mechanization, Steam;
    Mass production, assembly lines, electricity

    20th & 21st Century,


    15th Century, Johannes Gutenberg

    First 60 years ~ printed 15 million+ books


    Size of Indexed WWW

    Source: http://www.worldwidewebsize.com
    World Wide Web Static text

    Web of Content
    So

    in
    cia

    ha
    lm

    kc
    ed
    ia

    oc
    Bl
    Web of
    Web of Value Communication

    WWW

    Web of Web of Context Semantic search


    Wikipedia Thoughts

    Web of Things

    Connected things
    What
    you
    want to
    know?

    Course: https://www.connecterra.io/blockchain-for-the-dairy-industry/

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