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The blockchain ecosystem
Feb, 2019
Nicola Attico
2
Agenda
• Background ideas
• Blockchain 1.0
• Blockchain 2.0
• Blockchain Ecosystems
• Web 3.0
33
Background ideas
4
Models in comparison
Centralized
(one node to rule
them all)
Distributed
(multiple nodes
with distribution
of work)
Decentralized
(connected peers)
5
Example of Centralized
10,000 USD 33,000 USD
GIVE 1,000 USD
6
Example of Centralized
9,000 USD 34,000 USD
7
Nasdaq vs Bitcoin
.IXIC BTC
8
Symmetric cryptography
9
Asymmetric cryptography
• Encryption
• Hashing
• Digital Signature
10
Private and public keys
1111
Blockchain 1.0
12
Blockchain 1.0
5 BTC
BLOCKCHAIN
3 BTC
GIVE 1.5 BTC
13
Blockchain 1.0
3.5 BTC
BLOCKCHAIN
4.5 BTC
14
Chain of blocks
15
Ledger of Transactions
• Tamper resistant
• Transparent
• Not repudiable
• Append-only
• Decentralized
1616
Blockchain 2.0
17
Component of a Blockchain
APPLICATION
CONSENSUS
P2P NETWORK
Underlying network of nodes
Can be permissionless/permissioned
Algorithm to achieve consensus on transactions
Make the P2P network behave as a whole
Programmable layer
Only for Blockchain 2.0
18
Blockchain classification
Public Private
PermissionlessPermissioned
Anyone can operate a validator node,
and anyone can use the blockchain for
transactions. Ex: Bitcoin, Ethereum
Anyone can use the blockchain, but the
execution of a validator node requires
authorization. Stellar and Ripple fall in
this category, and in a different way EOS
where the validator nodes are subject to
public voting token holders
Validator nodes are operated by the
company or by the consortium and
access to the blockchain for the use of
the services is limited
19
Which blockchain?
Public Private
PermissionlessPermissioned
• “Bitcoin”
• Ethereum
• IOTA
• EOS
• TRON
• Ripple
• Stellar
• TON (wip)
• Hyperledger Fabric
• Quorum
• Tindermint
• R3 Corda
20
Blockchain 2.0
20 ETH
BLOCKCHAIN
700 ETH
21
Blockchain 2.0
ETHEREUM
Smart Contracts
Smart Contract are autonomous programs that are loaded on the blockchain
The most well known language for Smart Contract is Solidity (javascript)
Smart contract contains logic as well as a data model, and related data
22
Blockchain 2.0
ETHEREUM
Token Escrow
Insuranc
e
Trade Auction
Real
estate
Crowd
funding
Smart Contracts can execute agreements between parties as well as more general processes and
applications
Examples of Smart Contract from different disciplines are listed below
The first mention of Smart Contract predates blockchains (Nick Sazbo)
23
Blockchains in short
• P2P network
• Wallet
• Mining
• Private/Public key accounts
• Native currency
• Payments
• API
• P2P network
• Wallet
• Consensus algorithm
• Private/Public key accounts
• Native currency
• Payments
• API
• Smart Contracts
• Untamperable Data Storage
• Dapps Browser
• Dapps
Blockchain 1.0 Blockchain 2.0
24
Blockchain 2.0
ETHEREUM
Smart Contract
Blockchain Browser
API
web3.js
Browser can connect to local or remote nodes
• Traditional browser + Metamask
• Blockchain enabled browser
25
What is a Dapp? (today)
API
Browser
libraries
Metamask
Application-Front End
Application-Back End
ETHEREUM
API
IPFS
Off-chain
Today’s decentralized applications
are an hybrid of decentralized and
centralized (traditional web)
architecture
26
Dapps Layers
Blockchain is a decentralized global
platform for application/processes
All application are interconnected
No one owns the platform
Users have unque identities across all
Dapps
Dapp1
Dapp2
Dapp3
Dapp1
Dapp1
Dapp1’
27
Blockchain enabled Apps
On-chain layer
Organization_1 Organization_2 Organization_3
Smart contracts
Shared data and
functions
28
Interaction of Dapps on the Blockchain
NowDapp
Consortium
NowDapp
Consortium
Prediction
Market
Supply
Chain
Voting
External
World
Blockchain
29
Finance
Insurance
Energy
Supply Chain
Manufacturing
Healthcare
Real Estate
Legal Svcs
Government
Advertisement
Art
Education
Fungibletokens
Non-fungibletokens
Provenance
SelfSovereignIdentity
Reputation
Data
ExchangesandTrades
AutonomousProcesses
Auctions
SelfexecutingContracts
FractionalOwnership
Escrow
Staking
FinancialInstruments
Voting
Crowdsourcing
DAO
30
ICOs
Cumulative Total value
31
Coindesk ICO Tracker
32
33
Post blockchains (IOTA)
DAG
3434
Ecosystem
3535
Ecosystem > Financial Instruments
36
Currency
Stable Coins Security CoinsJust Coins
37
Payments
38
Exchange
DecentralizedCentralized
39
Market depth
40
4141
Ecosystem > Business Applications
42
Supply Chain
43
Real Estate
• Streamline process
• Fractional ownership
44
Energy
• Peer to peer energy exchange
• Prosumers
45
Advertisement
46
Gaming
47
Art
48
Digital Markets
49
Social Media
Steepshot
5050
Web 3.0
51
Web 1 & 2
Web 1.0, CERN, circa 1990 Web 2.0, Tim O’Reilly, 2000+
52
Web 3
Browser
APIs
Blockchain File Data Computing Oracles
Peer-to-peer network
Internet
SelfSovereignIdentity
Outside world
53
Decentralized File System
54
Decentralized DB
55
Self Sovereign Identity
Zoho’s Triangle
56
Browsers & other interfaces
Ethereum
Wallet/Browser
MyEthereumWallet
MyCrypto
Multicurrencies/
Mobile
57
Oracles
58
Blockchain computing
59
Full 3.0 projects
6060
More use cases (more innovation)
61
Prediction Markets
62
Data & AI
Solid/Inrupt POD
63
Voting
Pirate
Party
64
DAOs
65
DAO
66
Thank you
February, 2019
Nicola Attico

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The blockchain ecosystem

Editor's Notes

  1. Blockchain è rilevante per SN, non come n-esimo industry trend, ma perchè è molto vicino al modello di business (global platform for processes) Sn deve agire in modo vision setting su SN
  2. Central entity/vs ”trust-and-verify” SN centralized, blockchain decentralized Dividing dev from ops
  3. The traditional web layer is getting thiner, the decentralized layer is becoming ticker
  4. Organizations have a customized approach to Dapps today Organizations own their private key to access the blockchain
  5. Dapps explosion / Matrix
  6. Blockchain è rilevante per SN, non come n-esimo industry trend, ma perchè è molto vicino al modello di business (global platform for processes) Sn deve agire in modo vision setting su SN