@arifsh

Blockchain societies

Does it matter?

@arifsh

TheFutureisAlreadyHere

@arifsh

TheFuture isnotWhatWe

WereToldItWouldBe

@arifsh

"Roads?Wherewearegoingwedon'tneed...roads..."

@arifsh

We'reclosertoyear2030than2000.AveragecompanyageonS&P500is12years- @ValaAfshar

invent

@arifsh

A cashless society is a totalitarian society –central digital money put everyone at the mercy of institutions who can turn anyone off

Andreas Antonopoulos

@arifsh

Agenda

� What is value in our society?

� Intermediaries – role of 3rd parties

� What is blockchain in laymans terms

� A lot of examples

� Why should you care?

@arifsh@arifsh

ada lovelace wroteworldsfirstprogram in

1842tocompute bernoulli numbers

@arifsh

the red flag act in UK to protect people from horseless carriages in 1865but most likely england lost the automotive race

@arifsh@arifsh

Celebrating red flag act being removed in 1896

@arifsh@arifsh

the ENIAC was a 27-ton, 168 square meter bundle of vacuum tubes and diodes

@arifsh@arifsh

1957: 13 men delivering a computer 2017: a person may wear 13 computing devices

@arifsh

@arifsh

Déjà vu!

@arifsh

RayKurzweil

@arifsh

What is Value

How do we define value in our society

http://www.anderson.ucla.edu/faculty/keith.chen/papers/Final_JPE06.pdf

@arifsh

The role of intermediaries

In1600s modern corporations started replacing kingdoms and monarchies

@arifsh

What is blockchain

� Globally distributed

� Open and transparent

� privacy

� Immutable record keeping

Transaction

@arifsh

2008 the start

The whitepaper the started this revolution

https://bitcoin.org/bitcoin.pdf

@arifsh

2010 first transaction

@arifsh

2011Silkroad

Bitcoin going mainstream?

@arifsh

2014Ukraine

Using bitcoin when paypaldidn't allow sending money to Ukraine

@arifsh

70% land in developing countries

https://www.factom.com/blog/factom-use-case-unlocking-9-trillion-in-land-value

@arifsh

Could this work in Norway?

@arifsh

Auditing

No more corruption!

@arifsh

Dubai onblockchain 2020

“They say a picture is worth a thousand words, but a prototype is worth a thousand pictures,” says Saif Al Aleeli, executive director of the Dubai Future Foundation.

@arifsh

Blockchain for social welfare?

"We started a small trial in the north west, designed to see if we can send welfare payments using this technology, and more importantly, to see if people reliant on welfare payments would benefit from this approach."

@arifsh

100 000 ev chargers in london

Norwegian company delivering evcharges with built-in payment on blockchain

@arifsh

NRGcoin

I got extra juice!

i need to charge my

iPhone!

NRG Exhange

nice got some 200 NRGcoins

high

Zoe200Zoe200Don100

low

Zoe200Don100Don-40

1 NRGcoin = 100 NOK1 NRGcoin = 130 NOK

do we really need

humans?

i need more juice!

Prosumers create decentralized digital money themselves

http://ieeexplore.ieee.org/document/6861213/

@arifsh

FAVES could reduce 90% cars

@arifsh

Sharing economy = Uber & AirBnB?

http://lazooz.org/

@arifsh

Who owns data?

Steem is blockchain bases social network like reddit that pays you for liking and sharing!

@arifsh

Safe delivery with Drones?

Encrypted microchips are used to give automated delivery drones a unique identity on the blockchain which IoTapplications can use to allow or restrict drone access to locations such as a home or warehouse.

http://chronicled.org/drone-case-study.html

@arifsh

Other examples

� Voting – Democracy on DAO by Merkel� Urbanisation through local coin economy � Remittances – https://www.goabra.com/� Ascribe – https://www.ascribe.io/� Blood diamond – http://www.everledger.io/� Academic records and papers� IoT – security & payment for 50 B devices � Big data + Machine Learning = Artificial

intelligence

@arifsh

Why should youcare?

� Blockchain cant be un-invented

� Few big ones could control blockchain

� Become blockchain immigrants

� You can decide how this could effectthe future generations

@Geir Halvorsen

@arifsh

Arif Shafiquelinkedin.com/arifshtwitter@arifsh

Thank you!

@arifsh

Cons

� The infantile technology – ref internet 1989-1993

� The Hazy regulatory status

� The high energy consumption – how much does it cost to secure VISA network

� The lack of control, privacy and security – far from perfect

� The concern about integration

� Issues with adoption

� The initial cost

@arifsh

Pros

� Trustless exchange and disintermediation

� Empowerment of the users

� High quality of data

� Enhanced level of protection – no single point of failure

� The process integrity – no need to get 3rd party to oversee

� The presence of immutability and transparency

� Simplification of the ecosystem

� The speed of transactions – speed up transitions due to disintermediation

� Decrease in transactions costs