... everything is (going to be) better with blockchain :)
Hype vs. Reality
Crypto Currencies 101 (e.g. BitCoins)
Document Management (using Blockchains) 101
Hype - Positive
Going to kill banks and topple governments
Going to give rise to the Internet of Value
Will replace bank acounts, credit cards and cash (soon!)
Will make all of us rich ... fast (lets quit our day jobs and get into bitcoin mining ... now!!!)
Hype - Negative
Crypto-currencies are illegal and dangerous (for individuals and organisations)
This is a fade. It will never work and in 20 years from now we will laugh about it
It is a Ponzi-Scheme
We do not even know, who created this "thing"
The underlying technology (blockchain) is sound (open source; the math behind the concept checks out; ...)
Using blockchain technology for crypto-currencies is just one application (name-coin; smart commodities; smart contracts; ...)
Democratizing access to information had a profound impact on the planet. I expect that democratizing access to financial services that are based on blockchain technology will have a similar (or bigger) impact (in the next 10 years)
In the beginning ...
What is the problem?
How is blockchain technology solving these problems?
Identity - Easy
Double spending - Not really
Blocks & Blockchains
What do you need?
Blockchain on Steroids
Solidity - Smart Contract Language
... there are poeple out there who have a lot of documents and they need to edit, share, collaborate, sign ... these documents ... and need to track where the most recent one is ... and right now they are struggling ... and to be brutally honest ... we have to recognize that there is no real good solution out there to really address the problem ... and I will try to explain why that is in a minute
... we would be able to "finger print" a document to make sure we can clearly ID it and also detect when it gets changed
... we build and host a large database to track how these "finger prints" move around (means we always know where the latest one is)
... and as a result the customers are screwed ... again!!!
But now imagine ...
... somebody would setup a publicly available, globally distributed ethereum blockchain to actually hold the history of documents as they are edited and shared ... and would open-source the code you need to get your documents into that blockchain ... and with that would be able to gurantee that nobody can tamper with the history of a document ... without relying on a trusted 3rd party