Blockchain allows participants to transact directly with each other in a decentralized manner by storing the history of transactions in a distributed ledger. Like the internet reduced intermediaries in communication, blockchain reduces intermediaries in transactions through a direct and trustless system. Key benefits include increased transparency, automation, security, and decreased costs. Blockchain has potential to fundamentally change how businesses operate and interact through applications that have not yet been foreseen, similar to how the internet created new possibilities in its early years.

1. Blockchain.
Frank Bolten
Astratum

2. A Blockchain is a
decentralized data
structure that allows
participants to
transact directly with
each other and
stores the state and
history of participants’
transactions

3. Web
Evolution.
Source: Harvard Business Manager

4. Just like the internet,
all over again
Just like the internet allows us to communicate in a direct and immediate manner
with minimum intermediaries,
Blockchain technology allows us to transact in a direct and immediate manner, with
minimum intermediaries, on a distributed trustless ledger.

5. Functional principals
Blockchain technology
https://www.youtube.com/watch?v=lik9aaFIsl4&feature=youtu.be

6. http://www.economist.com/news/leaders/21677198-technology-behind-bitcoin-could-transform-how-economy-works-trust-machine
Peer-2-Peer transparent encrypted private uncensorable immutable
BLOCKCHAIN
CHARACTERICS

7. Key benefits
blockchain technology
increased transparency
improved risk diversification
automated regulatory oversight
less systemic risk
internal record keeping
documentation processing
multiparty process compatibility
M2M and AI on the internet (IoT)
more automation
cryptographically secured/validated
accountability and provenance
ownership tracking
more security
increased efficiency
decreased costs
faster processing
disintermediation

8. Don Tapscott, author
“Blockchain is the ingeniously simple,
revolutionary protocol that allows
transactions to be simultaneously
anonymous and secure by maintaining a
tamper-proof public ledger of value.”
https://www.ted.com/talks/don_tapscott_how_the_blockchain_is_changing_money_and_business

9. William Mougayar, author
“Just as the Internet created new
possibilities that we didn´t foresee in its
early years, the blockchain will give rise
to new business models and ideas that
may still be invisible.”
https://www.youtube.com/watch?v=sl1U0Mu0qEU

10. „Durch das inzwischen deutlich gewachsene
Verständnis der dahinter stehenden Block-
chain-Technologie werden jedoch auch in
den eher unspektakulären Prozesswelten von
Unternehmen enorme Potenziale sichtbar.
Derzeit analysieren vielfältige Branchen und
Player diese Möglichkeiten. Ihnen winken
Kosten-, Effizienz-, Sicherheits- und
Geschwindigkeitsvorteile in heute noch gar
nicht abschätzbarer Größenordnung.
Die Blockchain-Technologie dürfte die Art
und Weise, wie wir Geschäfte betreiben, uns
organisieren und interagieren, grundlegend
verändern.“
http://intelligente-welt.de/blockchain-programmiertes-vertrauen/

11. thank you.

12. your
contact
contact
Frank Bolten
Astratum
phones
Mobile +49 151 21264014
eMail frank@astratum.com
online
Linkedin/com/in/frankbolten
Twitter/BoFrank01