Bitcoins & Blockchain
- 1. Bitcoin & Blockchain Alberto Kroff 18.02.2016
- 2. What is Bitcoin • Digital money based on cryptography • Decentralized network of trust • Technology, network and currency • Money for the internet • Instant, safe and free payment system • Any one can have it • Bitcoin is the internet of money • Banking, payment, Paypal , Vips • Revolutionary technology that will change the world • Internet currency that can work on any computer or mobile phone • Over 100,000 companies worldwide now accept Bitcoin payments
- 3. Use cases • Buy and sell Bitcoins • Purchase things with Bitcoins • Store my Bitcoins in a vault • Lend and loan Bitcoins • Give charity with Bitcoins • Earn Bitcoins by burning calories and playing games • Earn Bitcoins by seeing ads and filling surveys • Mine Bitcoins buying mining power.
- 4. Asymmetrisk kryptering Public Key – Bank konto nr. Private Key – PIN code
- 5. Ecosystem - Exchangers • Exchangers - Let you buy and sell • Wallets/Keychain - Let you store your Bitcoins • Miners - Verify transactions and create Bitcoins • Apps - Earn Bitcoins by playing, adds, surveys • ATMs - Exchange money/bitcoins • News sources - News sources • Venture Capital
- 6. Ecosystem - Miners • Exchangers - Let you buy and sell • Wallets/Keychain - Let you store your Bitcoins • Miners - Verify transactions and create Bitcoins • Apps - Earn Bitcoins by playing, adds, surveys • ATMs - Exchange money/bitcoins • News sources - News sources • Venture Capital
- 7. Ecosystem - Apps • Exchangers - Let you buy and sell • Wallets/Keychain - Let you store your Bitcoins • Miners - Verify transactions and create Bitcoins • Apps - Earn Bitcoins by playing, adds, surveys • ATMs - Exchange money/bitcoins • News sources - News sources • Venture Capital
- 8. Ecosystem - ATM $6,000.00• Exchangers - Let you buy and sell • Wallets/Keychain - Let you store your Bitcoins • Miners - Verify transactions and create Bitcoins • Apps - Earn Bitcoins by playing, adds, surveys • ATMs - Exchange money/bitcoins • News sources - News sources • Venture Capital Automated teller machine
- 10. Turn Cash into Bitcoins in Seconds Ecosystem - ATMs $6,000.00
- 11. Ecosystem - Bitcoin ATM map
- 12. • Exchangers - Let you buy and sell • Wallets/Keychain - Let you store your Bitcoins • Miners - Verify transactions and create Bitcoins • Apps - Earn Bitcoins by playing, adds, surveys • ATMs - Exchange money/bitcoins • News sources - News sources • Venture Capital Ecosystem – News sources
- 13. • Exchangers - Let you buy and sell • Wallets/Keychain - Let you store your Bitcoins • Miners - Verify transactions and create Bitcoins • Apps - Earn Bitcoins by playing, adds, surveys • ATMs - Exchange money/bitcoins • News sources - News sources • Venture Capital Ecosystem – Venture Capital
- 14. Venture Capital
- 16. 21 million Bitcoins in total 15.202.500
- 25. Skandinavia • Coinify har 465 virksomheder som registrerede kunder i Danmark, Norge og Sverige. • Bitcoins Norway, 7000 kunder, 50 aksjonærer • Swedish bitcoin exchange Safello is making the push to establish itself as Europe's leading bitcoin exchange with direct payments now available from 86 European banks in 11 countries.
- 29. Mobile phones • Even the most basic of mobile phones gives you access to Bitcoin, including SMS text. • Bitcoin enables users to remit money in minutes, for a fraction of the cost, using only a cell phone.
- 30. Trust • Bitcoin allows for trust between two unrelated parties over an untrustworthy network like the Internet. • With just a mobile phone, two parties can now transact without a central authority, company or bank mediating the transaction and in such a way that is safe, secure, and publicly known. Bitcoin åpner for tillit mellom to uavhengige parter gjennom en upålitelig nettverk som Internett
- 31. Blockchain • Distributed public ledger impossible to hack • All Bitcoin transactions are loged on the Blockchain • Protocol • Time-stamped • Persistent
- 32. Blockchain • Distributed public ledger impossible to hack • All Bitcoin transactions are loged on the Blockchain • Protocol • Time-stamped • Persistent
- 35. Blockchain
- 36. Latest big news Blockstream Raises $55 Million to Build Out Bitcoin’s Blockchain To date, the company's signature technology has been its sidechains offering, currently in testing, which enables the creation of blockchains that can validate data from, and transfer assets to, other blockchains. Blockstream has raised $55m in Series A funding to continue its work expanding the bitcoin code base for commercial use. With the news, Blockstream's total funding rises to $76m over two investment rounds.
- 37. Latest big news New York-based blockchain startup Digital Asset Holdings announced today that Goldman Sachs and IBM have joined its recent funding round, pushing the total amount raised above $60m. Japanese Bitcoin Exchange Launches ¥50 Million Startup Fund $150,000,000 Bitcoin transaction So this probably isn't a case of one Bitcoin user sending $150 million to another user. Instead, Bitstamp was perhaps reshuffling its own funds, just as a bank might move stacks of $100 bills from one vault to another. Presumably, most of those 194,993 bitcoins belong to Bitstamp users who have deposited them with Bitstamp to facilitate currency exchanges.
- 38. Financial Firms – Visa, Mastercard, Paypal
- 39. Financial Firms – Nasdaq, London Stock
- 40. Positive news
- 41. Negative news
- 42. Venture Capital
- 43. Dish accepts Bitcoin Payment
- 44. Google - Microsoft • It has been described as a "techno tour de force" by Microsoft founder Bill Gates, and as a "remarkable cryptographic achievement…that has enormous value" by Google CEO, Eric Schmidt. • It was even predicted by Nobel Prize-winning economist Milton Friedman in 1999 when he said, "The one thing that’s missing, but will soon be developed, is a reliable e-cash."
- 45. Google
- 46. Microsoft
- 47. Amazon E-commerce giant Amazon has been awarded a bitcoin-related cloud computing patent that envisions the use of digital currencies as payment for cloud computing services on Amazon Web Services (AWS). Amazon is now shipping 21 Bitcoin Computers, the first product from the industry’s best- funded startup 21 Inc.
- 48. Get Canaldigital Bitcoins by watching movies Canaldigital wallet. Canaldigital mine = P2P of all customers connected devices Canal Digital becomes a hub for entertainment and digital transactions. Canal Digital market place Canal Digital Coins=1 satoshi This would place CD with a unique advantage in the competition . Canal Digital Brainstorm
- 49. Telenor Bank
- 50. • Bitcoin Conference - Participate and use Telenor location for Skandinavian Bitcoin conference • Bitcoin ATM - Expo shows the latest innovations in Bitcoin ATM • Telenor wallet - Enable Bitcoin interaction • Telenor mining crypto currencies - Telenor servers can be used for mining crypto currencies • Charity loans - Finance Bitcoin loans for charity purposes • Fitcoins - Get Bitcoins from burned calories • Proff of work • Enable International transactions for everyone, for smaller fee • Enable Micropayments for charity • Global Vote system based on Blockchain • Cyberolympics Telenor & Bitcoin/Blockchain
- 51. • Knowledge share : Bitcoin Conference - Participate and use Telenor location for Skandinavian Bitcoin conference • Innovation : Bitcoin ATM - Expo shows the latest innovations in Bitcoin ATM • Financial services : Telenor wallet - Enable Bitcoin interaction • Telenor mining crypto currencies - Telenor servers can be used for mining crypto currencies • Enable International transactions for everyone, for smaller fee • Charity loans : Finance Bitcoin loans for charity purposes • Enable Micropayments for charity • Health : Fitcoins - Get Bitcoins from burned calories • Cyberolympics is about gaming, burning calories and earning Bitcoins • Democracy : Global Vote system based on Blockchain Telenor & Bitcoin/Blockchain
- 52. The Xapo Bitcoin Debit Card is a Visa card that you can use for your purchases in stores, online and to withdraw cash at ATMs - all of this directly in bitcoin. The card is accepted in billions of stores and ATMs around the world. The Xapo Card works just like any other debit card, but instead of drawing funds from your bank account, it debits purchases directly in bitcoin from your Xapo main wallet.