Impact through Blockchain - Hype or Hope?
- 1. Impact through Blockchain – Hype or Hope? An Introduction to Blockchain Technology and its Significance for Developing Countries Theo Beutel | GIZ Blockchain Lab | 21 June 2019 @GIZ_Blockchain | @theobtl Blockchain စက ားဝိုငား
- 2. Seite 2Präsentationstitel hier eintragen21.06.2019
- 3. Seite 3Präsentationstitel hier eintragen21.06.2019 https://www.theblockcrypto.com/wp-content/uploads/2019/06/libra-tb-map-watermark-the-block-1192x675.jpg Does make blockchain mainstream?
- 4. An Introduction to Blockchain
- 5. Seite 5 “Internet of Value” (Tapscott, 2017) “Incentive Machine” (McConaghy, 2018)
- 6. Seite 6 Technology Stack of the Decentralised Internet Adapted from Monegro (2014) and Mougayar (2016)
- 7. Seite 7 Three Existing Technologies Provide the Building Blocks for Blockchain Technology Cryptography P2P Networks Game Theory Source: BlockchainHub Distributed peer-to-peer (P2P) network of computers (nodes) Each computer stores a full copy of the blockchain Economic incentives reward useful contributors (miners, validators) and punish malicious actors Game theory keeps the system running without centralised oversight Public-private key cryptography and digital signatures secure transactions
- 8. Seite 8https://1nbqyu3itty62d7q42zqs9rm-wpengine.netdna-ssl.com/wp-content/uploads/2016/09/if-this-then-that-single.png & Smart Contracts are Code Running on a Blockchain
- 9. Seite 9 A GPT is a technology that “comes to be widely used across the economy”, “has many different uses” and “creates many spillover effects”. (Lipsey, Carlaw and Bekar, 2005) Bitcoin may be to blockchain what e-mail was to the Internet. (Iansiti & Lakhani, 2017) General-Purpose Technologies (GPTs)
- 10. Seite 10 A GPT is a technology that “comes to be widely used across the economy”, “has many different uses” and “creates many spillover effects”. (Lipsey, Carlaw and Bekar, 2005) may be to blockchain what e-mail was to the Internet. (Iansiti & Lakhani, 2017) General-Purpose Technologies (GPTs)
- 11. Seite 11 Velocity Governance Known Identities Security Resilience Pseudonomity Permissioned DLT Public Blockchains A „Blockchain“ could be a Blockchain, DLT or a Database
- 12. Seite 12 A C B D #transactions- block100 A C B D #transactions- block100 A C B D #transactions- block100 Consensus mechanisms in blockchains Proof-of-Work Proof-of-Stake Proof-of-Authority @GIZ_Blockchain | @theobtl
- 13. Seite 13 Blockchains – An Ethical Backbone for Emerging Tech A blockchain is a constantly growing list of transactions which are stored in blocks and are secured through cryptography. A decentralized network of computers is processing, verifying and validating all entries. Promises include • Transparency: Traceability of transactions • Disintermediation: „Creating trust through technology, not through authority“ • Crypto-economics: incentive structures and game theory for coordination • Privacy by default: Zero-knowledge-proofs for self-sovereign data ownership • Inclusion: lowering entry barriers through open platforms • Trusted automation: Process efficiency and digitised contracts GIZ Blockchain Lab
- 14. Seite 14 Why Decentralisation? See researchgate.net/publication/327427029 Corruption and manifestation of power Decentralising power Complexity and limited human cognition Decentralising coordination Free-riding and prisoner's dilemma Decentralising incentives
- 16. Seite 16 Blockchain use cases for sustainable development Towards finding facts among dreams and fears and separating the hype from the substance. To find out more visit https://giz.de/blockchain @GIZ_Blockchain | @theobtl
- 17. Seite 17 An „honest broker“ in the blockchain space @GIZ_Blockchain | @theobtl
- 18. Seite 18@GIZ_Blockchain | @theobtl11 Jun. 2019 Franz Background: IT Prior: GIZ GloBe Uta Background: Internet Researcher Prior: Volkswagen Stiftung Katharina Background: Commercial Law Prior: Deloitte Theo Background: Information Systems Lars Background: Sociology Prior: GIZ South Africa Sebastian Background: International Affairs
- 19. Seite 19 Thank you! Contact: Theo Beutel Blockchain Governance Expert Impact Hub Berlin Friedrichstr. 246 10969 Berlin Email: blockchain@giz.de Twitter: @GIZ_Blockchain, @theobtl