#Blockchain Golden Age vision to Regulation 2.0 Government registries

1. RegTech 2.0

2. 6 Age of Massive Multiparty ICCT** 2015 2035
a.k.a Blockchain golden age (China)
5 Age of Information 1971 2010 - 2020 2015*
& Telcos (USA, Europe, Asia)
4 Age of Oil, Automobile 1908 1960-1970 1974
Mass production (USA, Europe)
3 Age of Steel, Electricity 1875 1904-1914 1920
& Engineering (USA & Germany)
2 Age of Steam 1829 1866-1873
and Railways (Britain & USA)
1 The Industrial 1771 1820
Revolution (Britain)
Installation period Deployment periodTechnological revolution
*Carlota Perez,
Technological Revolutions and Financial Capital, 2003, p.87
Dept cycle
** Information Coordination Computing Technology:
Richard Baldwin, The Great Convergence , 2016

3. attention
tech 1918
99 years later:
Who has the people now?

5. The tissue connecting 3bn active users*
0.5
1.5
1.0
2.0
Facebook Messenger WhatsApp Instagram WeChat Baidu
Maps
iOS Google
Android
Chinese
Android
Bn
mau*
** mau = monthly active users

6. The tissue connecting 3bn active users*
0.5
1.5
1.0
2.0
Facebook Messenger WhatsApp Instagram WeChat Baidu
Maps
iOS Google
Android
Chinese
Android
- WeChat - messaging service offers 815 million monthly active
users access to 12 million Applications & AI -Chat Bots trying
to catch your attention and intent 24/7

7. 100
200
300
400
500
600
700
800
mau
2013 2014 2015 2016
WeChat monthly active users (MAUs) & est* revenue
*ARPU (Average Revenue Per User) $7
0.7
1.4
2.1
2.8
3.5
4.2
4.9
5.6
$ Bn*

8. Chinese yuan. Rate: US$1 = RMB 6.5.
Tencent Llc owns and develops WeChat and
several other Internet Plus Ecosystem
companies. They contribute to Massive
Multiparty Computing offering a
combination of mobile ChatBots + AI + B2C
interaction.

9. WeChat Bots - simple IX-I for B2C service value chain

10. The tissue connecting 3+bn people
mobile monthly active users / devices (Bn)
WhatsApp
0.5
1.5
1.0
2.0
Facebook Messenger WhatsApp Instagram WeChat Baidu
Maps
iOS Google
Android
Chinese
Android
- WhatsApp 2017 - enables B2C messaging services - offers
businesses access to 1 billion monthly active users

11. 1B 42B
1 Billion
monthly active users
42 Billion
messages sent per day
1B
1 Billion
groups
57 57 Engineers
$1bn estimated revenue 2017
B2C B2C Messaging
Facebook David Fehner:
Business to customer
interaction will bring WhatsA
$1bn estimated revenue 2017
$2bn estimated revenue 2018
WhatsApp ...

12. B2C
WhatsApp B2C Messaging
Starting this year, we will test tools that allow you to use WhatsApp
to communicate with businesses and organizations that you want
to hear from. That could mean communicating with your bank
about whether a recent transaction was fraudulent, or with an
airline about a delayed flight. We all get these messages elsewhere
today – through text messages and phone calls – so we want to
test new tools to make this easier to do on WhatsApp, while still
giving you an experience without third-party ads and spam.”
https://blog.whatsapp.com/615/Making-WhatsApp-free-and-more-
useful

13. Multisided Platforms -
attention - intent - action
(prod)
user
(prod)
user
(prod)
user
(prod)
user
(prod)
user
(prod)
user
(prod)
user
(prod)
user
(prod)
user
(prod)
user
2015
3bn people
2020
5bn people
attention / intent

14. Platforms’ positive externalities
User User User User User Users Users Users Users Users

15. massive multiparty attention &
intent coordination platforms
(prod)
user
(prod)
user
(prod)
user
(prod)
user
(prod)
user
(prod)
user
(prod)
user
(prod)
user
(prod)
user
(prod)
user
attention / intent

16. focusing on: permissions, paying for access gatekeepers,
pipe bottlenecks, slow in innovation, 15 years behind in tech
Thin reach Gatekeeper Governments
FIRM HR CAP CUST FIRM TAX HR LAW HR INFR
regulation 1.0
dead registry data /
judiciary- provenance- & identity data
thin data
thin reach
thin regulation

17. Web platform
service paradigm
2000
“Coordination”
paradigm
2035
Ethereum - GPU - AI
2015
Source:
Carlota Perez, Technno-Economic Paradigm Shifts
Nick Grossman / Union Square Ventures, Shift 2015 Slides (Slideshare)
Richard Baldwin, The Great Convergence , 2016

18. au revoir Welfare State. Dieu vous bénisse.
歡迎 Leviathan with thousand machine brains!
- The Regulation 1.0 Endgame -

19. 3 Strategic Gov Options - Red, Blue and Black ocean
The Dangerous, The Ridiculous, The Impossible
Red: Compete
until the sea is red
of blood.
Blue: Find internal
non-customers, create
new demand there and
respond with pseudo
action (to spend all that
tax money)
Black ocean: Change the
rules, create new policies,
gain unfair advantage
(Anne Berner showed this
is impossible here)

20. Massive multiparty attention and
intention coordination tech:
task-oriented, serverless, small
data morphing & blending AI,
mobile IX, sharded blockhain
backend
5 bn smart
phones
2035
Regulation 2.0 - Gov Reg
2020