Table of

Contents
01 What is blockchain?

02 How does it work?

03 Revolution

04 The application of Blockchain

 WHAT IS ?
• Blockchain can be described as

collection linked with each other strongly resistant protected using

of records to alteration cryptography
DIFFERENT TYPES OF BLOCKCHAIN
• Private Blockchain
A restrictive or permission blockchain
operative only in a closed network
It is usually used within an
organization or enterprise.
• Public Blockchain
A non-restrictive, permission-less
distributed ledger system.
Anyone who has access to the
internet can be a part of the
blockchain network.
DIFFERENT TYPES OF BLOCKCHAIN
• Consortium Blockchain
A semi-decentralized type where
more than one organization
manages a blockchain network.
• Hybrid Blockchain
Combination of the private and public
blockchain.
It uses the features of both types of
blockchains.
 HISTORY OF BLOCKCHAIN

1991 2009 2014 2019

ORIGINAL BLOCKCHAIN BLOCKCHAIN BLOCKCHAIN

1.0 2.0 3.0
It was originally In 2009, Satoshi In early 2014, This is where
intended Nakamoto “Blockchain 2.0” blockchain ledgers
timestamps digital released Bitcoin was being used to are being used, for
documents. That it’s and the math distinguish between multiple applications,
impossible to that makes it “Bitcoin as an asset” to track the flow of
backdate or tamper work online. and assets of all kinds
with them. “Blockchain as a across a ledger to
programmable enable Smart
distributed trust Contract and Smart
infrastructure.” Property
MAIN CHARACTERISTICS OF BLOCKCHAIN
❑ Impossible to be faked or destroyed

❑ Immutability

❑ Transparency

❑ Decentralization

❑ Anonymity

❑ Smart Contract
 These are the core blockchain architecture
components:

Core NODE

Components
User or computer within the
blockchain architecture
TRANSACTION
of That serves as the purpose of
blockchain (records,

Blockchain BLOCK
information, etc.)

Keeping records of transactions

Architecture: distributed across nodes. CHAIN
a sequence of blocks in a

How Does It
specific order

Work?
MINERS
A node that verifies blocks before
adding them to the blockchain CONSENSUS
Rules and arrangements for
blockchain operations
What is a block?

Data

Hash

Hash of
previous block
What is a block? Data
• Store inside block
• Depends on the type of blockchain

Paypal transaction block example

From:

To:

Amount:
What is a block? Hash
• Unique
• The change will cause the hash to change

1f3870be274f6c49b3e31a0c6728957f
What is a block?
Hash of previous block

• This effectively creates a chain

of block
What is a block?

1 2 3

Hash: 1D6B Hash: 9JK3 Hash: 2C8H

Previous hash: 0 Previous hash: 1D6B Previous hash: 9JK3

Genesis block
 1 2 3

Hash: 1D6B Hash: 9JK3 P12G Hash: 2C8H

Previous hash: 0000 Previous hash: 1D6B Previous hash: 9JK3

 Consensus
1
Mechanism
2 3

Peer-to-Peer Network
Hash: 1D6B Hash: 9JK3 P12G Hash: 2C8H

Previous hash: 0000 Previous hash: 1D6B Previous hash: 9JK3

PEER-TO-PEER
NETWORK
New Block
The following is a blockchain architecture diagram that shows how this works as a digital wallet.
 THE
APPLICATION
OF
BLOCKCHAIN

• Blockchain is widely
used in many fields.
 CRYPTOCURRENCY
Cryptocurrency is a digital payment system which:
• Immune to counterfeiting
• Don’t require a central authority
• Protect by strong and complex encryption algorithms
 SMART CONTRACTS
❑ What is a Smart Contract?

• A smart contract is a self-executing program that automates the actions required in

an agreement or contract. Once completed, the transactions are trackable and
irreversible.

• Smart contracts permit trusted transactions and agreements to be carried out

among disparate, anonymous parties without needing a central authority, legal
system, or external enforcement mechanism.
TRADITIONAL
CONTRACT

2 1

3 4

4
SMART
CONTRACT

3 1

4 2

5
FOOD SUPPLY CHAIN