• The Bitcoin and Blockchain Technology Explained

    A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency's block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history. ------------------------------------------------------------------- BUY BITCOIN SAFELY HERE: http://bit.ly/BuyBitcoinNow ------------------------------------------------------------------- REGISTER FOR A COINBASE ACCOUNT: http://bit.ly/CoinbaseBitcoinSignup ------------------------------------------------------------------- Every block contains a hash of the previous block. This has the effect of creating a chain of blocks from the genesis block to the current block. Each b...

    published: 23 Jun 2015
  • Block chain technology

    Read our report on the future of distributed ledger (or block chain) technology https://www.gov.uk/government/publications/distributed-ledger-technology-blackett-review

    published: 19 Jan 2016
  • How the blockchain is changing money and business | Don Tapscott

    What is the blockchain? If you don't know, you should; if you do, chances are you still need some clarification on how it actually works. Don Tapscott is here to help, demystifying this world-changing, trust-building technology which, he says, represents nothing less than the second generation of the internet and holds the potential to transform money, business, government and society. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more. Find closed captions and translated subtitles in many languages at http://www.ted.com/translate ...

    published: 16 Sep 2016
  • Blockchain Tutorial | Blockchain Technology | Blockchain Explained | Blockchain Training | Edureka

    This Edureka Blockchain Tutorial video will give you a complete fundamental understanding regrading Blockchain and Bitcoin. This video helps you to learn following topics: 1. Issues With The Current Banking System. 2. How Bitcoin Can Help Overcome These Issues? 3. Bitcoin Transaction 4. Blockchain To The Rescue 5. Blockchain Concepts 6. Blockchain Features 7. Blockchain Use Case 8. Demo: Banking Use Case Subscribe to our channel to get video updates. Hit the subscribe button above. #Blockchain #Blockchaintutorial #Blockchainonlinetraining #Blockchainforbeginners How it Works? 1. This is a 4 Week Instructor led Online Course, 20 hours of assignment and 20 hours of project work 2. We have a 24x7 One-on-One LIVE Technical Support to help you with any problems you might face or any cla...

    published: 31 Jul 2017
  • The Bitcoin Blockchain Explained

    Forget the currency; it’s the protocol behind it that matters. Blockchains will mutate and take over everything we do on the Web. Trusting strangers with your digital information may sound silly, but it’s actually a revolution in distributed computing. And one day, systems like Bitcoin could be the future of all secure digital transactions. Read more: http://bit.ly/29jiJ3B

    published: 06 Jul 2016
  • Blockchain 101 - A Visual Demo

    This is a very basic visual introduction to the concepts behind a blockchain. We introduce the idea of an immutable ledger using an interactive web demo. If you are interested in playing with this on your own, it is available online at: http://anders.com/blockchain/ The code that runs this demo is also on GitHub: https://github.com/anders94/blockchain-demo I'm @anders94 on Twitter Donations: BTC: 1K3NvcuZzVTueHW1qhkG2Cm3viRkh2EXJp ETH: 0x84a90e21d9d02e30ddcea56d618aa75ba90331ff I'm @andersbrownworth on Steemit

    published: 05 Nov 2016
  • Cryptocurrency & Blockchain

    An in-depth look at Cryptocurrency & Blockchain, what they are, how they differ from existing methods, and what the advocates and critics have to say about them. Visit our Website: http://www.isaacarthur.net Join the Facebook Group: https://www.facebook.com/groups/1583992725237264/ Support the Channel on Patreon: https://www.patreon.com/IsaacArthur or with Bitcoin: https://www.coinbase.com/IsaacArthur Visit the sub-reddit: https://www.reddit.com/r/IsaacArthur/ Listen or Download the audio of this episode from Soundcloud: https://soundcloud.com/isaac-arthur-148927746/cryptocurrency Cover Art by Jakub Grygier: https://www.artstation.com/artist/jakub_grygier Further Reading: Original Paper on bitcoin: Satoshi Nakamoto, "Bitcoin: A Peer-to-Peer Electronic Cash System" https://bitcoin.org/bit...

    published: 13 Oct 2016
  • IoT Blockchain Convergence

    Short video slide about the convergence of The Internet of Things(IoT) and the blockchain. Produced by: http://complexitylabs.io/courses Twitter: https://goo.gl/Nu6Qap Facebook: https://goo.gl/Nu6Qap LinkedIn: https://goo.gl/3v1vwF Transcription: The internet is evolving into a new technology paradigm based around smart systems, the blockchain, platforms, and IoT in the coming years, these technologies will interact and converge in new and unpredictable ways The convergence of IoT and blockchain will be a major part of this evolution, enabling new automated service systems and business models... but many unresolved issues remain IOT Internet of Things is the merging of our engineered physical environment with information systems to create smart adaptive objects and environments....

    published: 25 Jun 2017
  • What Is Blockchain | What Is Bitcoin | Blockchain Technology | Blockchain Tutorial | Edureka

    This "What Is Blockchain" video by Edureka will help you grasp the basic concepts of Blockchain Technology and how Bitcoin's Blockchain solves the issues in the current banking system. You will understand Blockchain concepts like Distributed Network, Private Key Cryptography and Proof Of Work in Bitcoin. You will also learn how Blockchain is being used in the industry through real-life Use Cases in Transportation, Governance and Business. Subscribe to our Edureka channel to get video updates. Hit the subscribe button above. #Whatisblockchain #Blockchain #Blockchaintutorial #Bitcoin #Blockchainonlinetraining #Blockchainforbeginners How it Works? 1. This is a 4 Week Instructor led Online Course, 20 hours of assignment and 20 hours of project work 2. We have a 24*7 One-on-One LIVE Techn...

    published: 04 Aug 2017
  • Blockchain Technology Explained: What is a Blockchain?

    This video https://youtu.be/eXJHPDs4M3Y provides an easy to understand introduction to Blockchain Technology. Please leave comments and questions below the video. Here is the full transcript for your convenience: What is a Blockchain? A Blockchain is a distributed database that multiple parties share and everyone can trust. A Blockchain network provides a mutually trusted, transparent way of sharing and transacting. Each party participating in a Blockchain network maintains their own copy of the database. What makes Blockchain secure? Transactions on the database are atomic (this means that they're processed one at a time). The next transaction will be a different write or a read, but only after the preceding transaction has completed (or failed). Each write to the database is consider...

    published: 12 Mar 2017
  • Walmart's Food Safety Solution Built on the IBM Blockchain Platform

    Frank Yiannas, Walmart's Vice President of Food Safety, explains how Walmart can track food products through its supply chain using the IBM Blockchain Platform. To learn more, visit ibm.com/blockchain/supply-chain

    published: 22 Aug 2017
  • Blockchain: Massively Simplified | Richie Etwaru | TEDxMorristown

    Richie Etwaru, discusses the opportunity and implications of blockchain as a paradigm to slow/chose the expanding trust gap in commerce. He unpacks blockchain to a level of simplicity to be consumed by those that are just starting to understand and explore the paradigm. He lays out a current state of commerce, suggesting that every company is currently at risk of being disrupted or incurring severe strain from a blockchain version of itself. Professionally, Richie Etwaru is a c-level at a Fortune 500 Company, an author, the owner of international patents, the founder of multiple ventures, an experienced keynote speaker, an angel investor, a member of advisory boards, and a recognized thought leader in the area of digital, technology, and design. Specific to this TEDx talk, Richie is an...

    published: 15 May 2017
  • Introducing Ethereum

    When the grand experiment that is bitcoin began, the anonymous wizard desired to test two parameters - a trustless, decentralized database enjoying security enforced by the austere relentlessness of cryptography and a robust transaction system capable of sending value across the world without intermediaries. Yet the past five years years have painfully demonstrated a third missing feature: a sufficiently powerful Turing-complete scripting language. Up until this point, most innovation in advanced applications such as domain and identity registration, user-issued currencies, smart property, smart contracts, and decentralized exchange has been highly fragmented, and implementing any of these technologies has required creating an entire meta-protocol layer or even a specialized blockchain. Th...

    published: 24 Jan 2014
  • IBM Think Academy: Blockchain, How it works

    Learn more about how blockchain works and see it in action within the diamond industry, which has been plagued by fraud, theft and controversy.

    published: 23 Sep 2016
  • For greater flexibility in the electricity grid system - Blockchain technology

    As the first transmission system operator, TenneT uses networked, decentralized home storage with the blockchain to stabilize the power grid. Flexible use of battery storage reduces network-stabilizing emergency measures. After a successful pilot phase, the blockchain technology can be further expanded through IBM's open source-based solution. In a second project in the Netherlands, together with Vandebron, TenneT uses the charging of electric vehicles to keep the balance between consumption and production stable. Both pilot projects are further steps to make the electricity network fit for the future. TenneT taking power further www.tennet.eu www.tennet-virtual-vision.eu

    published: 19 Jun 2017
  • It Begins: The Blockchain Beast System Is Here

    The is one of the most important messages i have ever put out. Please share and help get the truth out there! Much Love! LOOKS LIKE THEY SENT IN THE TROLLS! COMMENTS SHUT DOWN UNTIL THE RACISM AND DEATH THREATS STOP! www.undergroundworldnews.com https://www.minds.com/DAHBOO7 My Other Youtube Channel- https://www.youtube.com/Dahboo777 https://twitter.com/dahboo7 https://vid.me/DAHBOO7 https://www.facebook.com/TheUndergroundWorldNews https://www.instagram.com/dahboo7/ Your Support of Independent Media Is Appreciated: Bitcoin Address- 1KbDZijL3jVJGyea3zhanUwPbnCE9op2mk https://www.paypal.me/dahboo7 https://www.patreon.com/dahboo7 Erick M: https://twitter.com/letmeexplainit https://www.youtube.com/channel/UCcwB6XtfJtyWW4DXKoZVn5A B Rich: https://twitter.com/B_Rich33NO https://www.y...

    published: 13 Aug 2017
  • Blockchain Demystified | Daniel Gasteiger | TEDxLausanne

    A short story on how this new technology is shaping and moving beyond the bitcoin hype. In this talk, Daniel will attempt to reveal the principle behind Blockchain, its potential to defy current systems and why Blockchain is probably the biggest technological invention since the PC in the 1970s and the Internet in the 1990s. Daniel Gasteiger is an entrepreneur based in Zurich, co-founder of nexussquared. Daniel carries a driving passion to support and further develop the Swiss blockchain ecosystem. He embodies more than 20 years of experience in financial services - starting out as an FX trader at Credit Suisse, he then joined UBS in a variety of roles including until recently, managing the Chairman’s office as a Managing Director. In his recent co-authored whitepaper, “Act Now or Follow...

    published: 25 Apr 2016
  • Impact of Blockchain/Distributed Ledger on Financial Services and Payment Systems

    On January 14, Brookings convened roundtable technical discussions about the future of distributed ledger technology with industry and policy stakeholders. http://www.brookings.edu/events/2016/01/14-beyond-bitcoin-blockchain-disruptive-financial-technologies Subscribe! http://www.youtube.com/subscription_center?add_user=BrookingsInstitution Follow Brookings on social media! Facebook: http://www.Facebook.com/Brookings Twitter: http://www.twitter.com/BrookingsInst Instagram: http://www.Instagram.com/brookingsinst LinkedIn: http://www.linkedin.com/com/company/the-brookings-institution

    published: 15 Jan 2016
  • How the blockchain will radically transform the economy | Bettina Warburg

    Say hello to the decentralized economy -- the blockchain is about to change everything. In this lucid explainer of the complex (and confusing) technology, Bettina Warburg describes how the blockchain will eliminate the need for centralized institutions like banks or governments to facilitate trade, evolving age-old models of commerce and finance into something far more interesting: a distributed, transparent, autonomous system for exchanging value. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more. Find closed captions and transla...

    published: 08 Dec 2016
  • The Blockchain Beast System Is Here

    Source: https://youtu.be/IZbZlZsAM-M Was hat Bitcoin mit der Bargeldabschaffung zu tun ? Dirk Müller https://youtu.be/-SmopXoSYOA

    published: 13 Aug 2017
  • How blockchain technology will change auditing and accounting for good

    Blockchain promises a future where all transactions can be logged, viewed and monitored in real time. Keeping track of profit and loss statements, incoming and outgoing transactions and reporting requirements is a daunting challenge these days. "Groove Music" byBenjamin Mastripolito is licensed under CC BY 2.0 Author: https://www.freesound.org/people/Lemoncreme/ Source: https://www.freesound.org/people/Lemoncreme/sounds/203099/ License: https://creativecommons.org/licenses/...

    published: 14 Mar 2017
  • Blockchain Reputation Systems

    Blockchain reputation systems have the potential to change how we think about our digital (and real) reputations. What would it mean to have a universal rating tied to our identity? Is it good or bad? ---------------- Music (with permission): Stendeck - The Silence After This Stendeck.com

    published: 31 Jul 2015
  • Panel: Future of Decentralization What role for the legal system - COALA's Blockchain Workshops

    Panelists: Vitalik Buterin (Ethereum), Primavera De Filippi (Harvard/CNRS), Lawrence Lessig (Harvard) Moderated by Constance Choi (Seven Advisory/CNRS) This panel took place at the Sydney 2015 Blockchain Workshops organised by COALA http://coala.global/ http://sydney.blockchainworkshops.org/

    published: 08 Feb 2016
  • Blockchain, Bitcoin, Ethereum, & the Explosive Growth of Cryptocurrencies with Andrew Keys

    Subscribe to Hidden Forces Here: http://www.hiddenforcespod.com/ In this Market Forces segment, Demetri Kofinas covers the latest blockchain news with Andrew Keys of Ethereum focused Consensus Systems. While most are undoubtedly glued to the bitcoin cash news that rocked the cryptocurrency industry yesterday (August 1) regarding Bitcoin’s first “hard-fork,” Andrew continues to focus on the bigger picture at hand. As fascinating as Bitcoin has been and continues to be, particularly as the technology flag-bearer for its novel blockchain technology, Andrew’s attention has been on what he believes is the true technological panacea for everything from payment processing, contract transfers, application creation – even the future of the internet as we know it. Hence, his role spear heading busi...

    published: 03 Aug 2017
developed with YouTube
The Bitcoin and Blockchain Technology Explained

The Bitcoin and Blockchain Technology Explained

  • Order:
  • Duration: 6:16
  • Updated: 23 Jun 2015
  • views: 269737
videos
A block chain is a transaction database shared by all nodes participating in a system based on the Bitcoin protocol. A full copy of a currency's block chain contains every transaction ever executed in the currency. With this information, one can find out how much value belonged to each address at any point in history. ------------------------------------------------------------------- BUY BITCOIN SAFELY HERE: http://bit.ly/BuyBitcoinNow ------------------------------------------------------------------- REGISTER FOR A COINBASE ACCOUNT: http://bit.ly/CoinbaseBitcoinSignup ------------------------------------------------------------------- Every block contains a hash of the previous block. This has the effect of creating a chain of blocks from the genesis block to the current block. Each block is guaranteed to come after the previous block chronologically because the previous block's hash would otherwise not be known. Each block is also computationally impractical to modify once it has been in the chain for a while because every block after it would also have to be regenerated. These properties are what make double-spending of bitcoins very difficult. The block chain is the main innovation of Bitcoin. Honest generators only build onto a block (by referencing it in blocks they create) if it is the latest block in the longest valid chain. "Length" is calculated as total combined difficulty of that chain, not number of blocks, though this distinction is only important in the context of a few potential attacks. A chain is valid if all of the blocks and transactions within it are valid, and only if it starts with the genesis block. For any block on the chain, there is only one path to the genesis block. Coming from the genesis block, however, there can be forks. One-block forks are created from time to time when two blocks are created just a few seconds apart. When that happens, generating nodes build onto whichever one of the blocks they received first. Whichever block ends up being included in the next block becomes part of the main chain because that chain is longer. More serious forks have occurred after fixing bugs that required backward-incompatible changes. Blocks in shorter chains (or invalid chains) are not used for anything. When the bitcoin client switches to another, longer chain, all valid transactions of the blocks inside the shorter chain are re-added to the pool of queued transactions and will be included in another block. The reward for the blocks on the shorter chain will not be present in the longest chain, so they will be practically lost, which is why a network-enforced 100-block maturation time for generations exists. These blocks on the shorter chains are often called "orphan" blocks. This is because the generation transactions do not have a parent block in the longest chain, so these generation transactions show up as orphan in the listtransactions RPC call. Several pools have misinterpreted these messages and started calling their blocks "orphans". In reality, these blocks have a parent block, and might even have children. Because a block can only reference one previous block, it is impossible for two forked chains to merge. • How do Bitcoin Transactions Work? http://www.coindesk.com/information/how-do-bitcoin-transactions-work/ ------------------------------------------------------------------- DID YOU LIKE THIS VIDEO? ------------------------------------------------------------------- Enjoy this video? Click "Mark as good" and give your "LIKE". Subscribe to our channel and follow our publications. Consider making a small Bitcoin donation to this address: 3C2Ti2wegJDFw1Kp3w71Mtr9bKkhyCz8fa. ------------------------------------------------------------------- BUY BITCOIN SAFELY HERE: http://bit.ly/BuyBitcoinNow ------------------------------------------------------------------- REGISTER FOR A COINBASE ACCOUNT: http://bit.ly/CoinbaseBitcoinSignup ------------------------------------------------------------------- ------------------------------------------------------------------- Video credits ------------------------------------------------------------------- http://www.bitcoinproperly.org/ Tags: BTC Bitcoin Bit coin Altcoin Cryptocurrency Buy Bitcoin Sell Bitcoin Bitcoin trading Bitcoin value Bitcoin wallet Bitcoin blockchain Blockchain Satoshi Nakamoto Digital currency
https://wn.com/The_Bitcoin_And_Blockchain_Technology_Explained
Block chain technology

Block chain technology

  • Order:
  • Duration: 5:15
  • Updated: 19 Jan 2016
  • views: 198369
videos
Read our report on the future of distributed ledger (or block chain) technology https://www.gov.uk/government/publications/distributed-ledger-technology-blackett-review
https://wn.com/Block_Chain_Technology
How the blockchain is changing money and business | Don Tapscott

How the blockchain is changing money and business | Don Tapscott

  • Order:
  • Duration: 18:50
  • Updated: 16 Sep 2016
  • views: 682749
videos
What is the blockchain? If you don't know, you should; if you do, chances are you still need some clarification on how it actually works. Don Tapscott is here to help, demystifying this world-changing, trust-building technology which, he says, represents nothing less than the second generation of the internet and holds the potential to transform money, business, government and society. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more. Find closed captions and translated subtitles in many languages at http://www.ted.com/translate Follow TED news on Twitter: http://www.twitter.com/tednews Like TED on Facebook: https://www.facebook.com/TED Subscribe to our channel: http://www.youtube.com/user/TEDtalksDirector
https://wn.com/How_The_Blockchain_Is_Changing_Money_And_Business_|_Don_Tapscott
Blockchain Tutorial | Blockchain Technology | Blockchain Explained | Blockchain Training | Edureka

Blockchain Tutorial | Blockchain Technology | Blockchain Explained | Blockchain Training | Edureka

  • Order:
  • Duration: 1:16:43
  • Updated: 31 Jul 2017
  • views: 59616
videos
This Edureka Blockchain Tutorial video will give you a complete fundamental understanding regrading Blockchain and Bitcoin. This video helps you to learn following topics: 1. Issues With The Current Banking System. 2. How Bitcoin Can Help Overcome These Issues? 3. Bitcoin Transaction 4. Blockchain To The Rescue 5. Blockchain Concepts 6. Blockchain Features 7. Blockchain Use Case 8. Demo: Banking Use Case Subscribe to our channel to get video updates. Hit the subscribe button above. #Blockchain #Blockchaintutorial #Blockchainonlinetraining #Blockchainforbeginners How it Works? 1. This is a 4 Week Instructor led Online Course, 20 hours of assignment and 20 hours of project work 2. We have a 24x7 One-on-One LIVE Technical Support to help you with any problems you might face or any clarifications you may require during the course. 3. At the end of the training you will be working on a real time project for which we will provide you a Grade and a Verifiable Certificate! - - - - - - - - - - - - - - - - - About the Course Edureka's Blockchain Course is designed to introduce you to the concept of Blockchain and explain the fundamentals of blockchain and bitcoin. Blockchain course will provide an overview of the structure and mechanism of blockchain. As a beginner, you will be learning the importance of consensus in transactions, how transactions are stored on blockchain, history of bitcoin and how to use bitcoin. Furthermore, you will be taught about the Ethereum platform and its programming language. You will setup your own private blockchain environment using Ethereum. Also, you will develop a smart contract on private Ethereum blockchain and will be deploying the contract from web and console. The course is fed with various use-cases and examples, which makes the learning more interesting. After completing this Course, you should be able to: 1. Comprehend the cryptography and cryptocurrency concepts 2. Encompass the concept of blockchain 3. Understand the importance of blockchain technology 4. Have a deep insight into bitcoin and its network 5. Perceive, how bitcoin transactions are validated by miners 6. Create and use bitcoin account effectively 7. Understand Ethereum blockchain 8. Learn Solidity: Prominent language to develop smart contracts 9. Deploy your private blockchain on web where you can visually see your chains 10. Send transactions between nodes 11. Develop more than one nodes on same blockchain 12. Making your own cryptocurrency 13. Discuss the compelling use-cases of the blockchain 14. Interpret the prospects of blockchain. 15. Assess, how blockchain can improve your business standards. ----------------------------------- Who should go for this course? Anyone having basic programming knowledge and has a zeal to learn new technology can take up the course. Students and professionals aspiring to make a career in the Blockchain technology should opt for the course. ----------------------------------- Why learn Blockchain? Blockchain is a revolutionary technology. It is an ordered back linked-list data structure of blocks of transactions stored in a decentralized peer- to-peer network. It is the underlying infrastructure for bitcoin, a popular cryptocurrency. In near future, many companies will be adopting blockchain technologies for trading publicly. Apart from bitcoin, it can be used for a wide variety of applications such as tracking ownership, digital assets, physical assets, or voting rights. It can also store and run computer code called ‘smart contracts’. However, blockchain is still new and the communities are still exploring the best ways in which it can be used. For more information, please write back to us at sales@edureka.co Call us at US: 1800 275 9730(toll free) or India: +91 88808 62004 Website: https://www.edureka.co/blockchain-training Facebook: https://www.facebook.com/edurekaIN/ Twitter: https://twitter.com/edurekain LinkedIn: https://www.linkedin.com/company/edureka
https://wn.com/Blockchain_Tutorial_|_Blockchain_Technology_|_Blockchain_Explained_|_Blockchain_Training_|_Edureka
The Bitcoin Blockchain Explained

The Bitcoin Blockchain Explained

  • Order:
  • Duration: 3:41
  • Updated: 06 Jul 2016
  • views: 66070
videos
Forget the currency; it’s the protocol behind it that matters. Blockchains will mutate and take over everything we do on the Web. Trusting strangers with your digital information may sound silly, but it’s actually a revolution in distributed computing. And one day, systems like Bitcoin could be the future of all secure digital transactions. Read more: http://bit.ly/29jiJ3B
https://wn.com/The_Bitcoin_Blockchain_Explained
Blockchain 101 - A Visual Demo

Blockchain 101 - A Visual Demo

  • Order:
  • Duration: 17:50
  • Updated: 05 Nov 2016
  • views: 584518
videos
This is a very basic visual introduction to the concepts behind a blockchain. We introduce the idea of an immutable ledger using an interactive web demo. If you are interested in playing with this on your own, it is available online at: http://anders.com/blockchain/ The code that runs this demo is also on GitHub: https://github.com/anders94/blockchain-demo I'm @anders94 on Twitter Donations: BTC: 1K3NvcuZzVTueHW1qhkG2Cm3viRkh2EXJp ETH: 0x84a90e21d9d02e30ddcea56d618aa75ba90331ff I'm @andersbrownworth on Steemit
https://wn.com/Blockchain_101_A_Visual_Demo
Cryptocurrency & Blockchain

Cryptocurrency & Blockchain

  • Order:
  • Duration: 30:17
  • Updated: 13 Oct 2016
  • views: 66218
videos
An in-depth look at Cryptocurrency & Blockchain, what they are, how they differ from existing methods, and what the advocates and critics have to say about them. Visit our Website: http://www.isaacarthur.net Join the Facebook Group: https://www.facebook.com/groups/1583992725237264/ Support the Channel on Patreon: https://www.patreon.com/IsaacArthur or with Bitcoin: https://www.coinbase.com/IsaacArthur Visit the sub-reddit: https://www.reddit.com/r/IsaacArthur/ Listen or Download the audio of this episode from Soundcloud: https://soundcloud.com/isaac-arthur-148927746/cryptocurrency Cover Art by Jakub Grygier: https://www.artstation.com/artist/jakub_grygier Further Reading: Original Paper on bitcoin: Satoshi Nakamoto, "Bitcoin: A Peer-to-Peer Electronic Cash System" https://bitcoin.org/bitcoin.pdf Charles Stross Blog Entry "Why I want Bitcoin to die in a fire" http://www.antipope.org/charlie/blog-static/2013/12/why-i-want-bitcoin-to-die-in-a.html Daneil Jeffries rebuttal, "Why Charles Stross Doesn’t Know a Thing about Bitcoin": https://bitcoinmagazine.com/articles/charles-stross-doesnt-know-thing-bitcoin-1389147532 Abrahim Ladha’s “Hypothetical Problems concerning the Theory of Relativity on Cryptographic Currency Implementations”: https://arxiv.org/abs/1604.04265 Paul Krugman's paper "Theory of Interstellar Trade": https://www.princeton.edu/~pkrugman/interstellar.pdf
https://wn.com/Cryptocurrency_Blockchain
IoT Blockchain Convergence

IoT Blockchain Convergence

  • Order:
  • Duration: 5:33
  • Updated: 25 Jun 2017
  • views: 3041
videos
Short video slide about the convergence of The Internet of Things(IoT) and the blockchain. Produced by: http://complexitylabs.io/courses Twitter: https://goo.gl/Nu6Qap Facebook: https://goo.gl/Nu6Qap LinkedIn: https://goo.gl/3v1vwF Transcription: The internet is evolving into a new technology paradigm based around smart systems, the blockchain, platforms, and IoT in the coming years, these technologies will interact and converge in new and unpredictable ways The convergence of IoT and blockchain will be a major part of this evolution, enabling new automated service systems and business models... but many unresolved issues remain IOT Internet of Things is the merging of our engineered physical environment with information systems to create smart adaptive objects and environments... it is a fast-growing, increasingly complex network of connected physical systems that are able to process information and communicate peer to peer in order to enable common services. These devices are becoming increasingly ubiquitous ranging from autonomous vehicles to sensors monitoring industrial processes, to smart homes and smart cities. IoT is growing rapidly, according to Gartner the global IoT network will connect 26 billion devices by 2020. The development of an IOT infrastructure to our economies will probably be the greatest engineering challenge of our time... dealing with the sheer amount of data due to come on-stream and security are primary concerns... before mainstream Internet-of-Things adoption can really take hold in a safe and sustainable fashion, these, among other issues, will need to be resolved. Blockchain The blockchain is a secure distributed database for recording transactions... millions of computers networked to create a distributed database for recording and authenticating exchanges of value. With the blockchain, value of any kind can be exchanged directly peer to peer without a centralized authority to record and validate the transaction. The blockchain can provide an automated and secure transaction infrastructure for next generation IoT systems... in its capacity to track billions of connected devices and enable the frictionless processing of transactions and coordination between devices. This decentralized approach would eliminate single points of failure, bottlenecks and potentially make data and transactions more secure.... creating a more resilient ecosystem for devices to run on. Likewise, it would automate transactions, enabling fully autonomous service systems; reduce cost and reduce settlement time from days to seconds One example of an IoT Blockchain system is Slock, a door lock that is connected to a smart contract on the blockchain that controls when and who can open the lock. “The owner of a Slock can set a deposit amount and a price for renting his property, and the user will pay that deposit through a transaction to the Ethereum blockchain, thereby getting permission to open and close that smart lock through their smart phone.” - Christoph Jentzsch Such technology bridges the blockchain and the physical world by making automated smart contracts, thus enabling the frictionless and automated temporary exchange of assets such as bikes, parking lots or rooms. "Smart contracts, a feature of “Bitcoin 2.0” technologies such as Ethereum, could soon operate on the Internet of Things (IoT), control objects in the physical world, and power a new decentralized version of the sharing economy, for example sharing services similar to Uber and Airbnb that operate in pure P2P mode without centralized management." - Bitcoin Magazine Leveraging blockchain for IoT offers new ways to automate business processes and build distributed autonomous service systems... "The true value of the underlying technology -- the blockchain -- has only just begun to be explored, and potential applications to the Internet of Things and Smart Systems are vast."
https://wn.com/Iot_Blockchain_Convergence
What Is Blockchain | What Is Bitcoin | Blockchain Technology | Blockchain Tutorial | Edureka

What Is Blockchain | What Is Bitcoin | Blockchain Technology | Blockchain Tutorial | Edureka

  • Order:
  • Duration: 3:05
  • Updated: 04 Aug 2017
  • views: 19688
videos
This "What Is Blockchain" video by Edureka will help you grasp the basic concepts of Blockchain Technology and how Bitcoin's Blockchain solves the issues in the current banking system. You will understand Blockchain concepts like Distributed Network, Private Key Cryptography and Proof Of Work in Bitcoin. You will also learn how Blockchain is being used in the industry through real-life Use Cases in Transportation, Governance and Business. Subscribe to our Edureka channel to get video updates. Hit the subscribe button above. #Whatisblockchain #Blockchain #Blockchaintutorial #Bitcoin #Blockchainonlinetraining #Blockchainforbeginners How it Works? 1. This is a 4 Week Instructor led Online Course, 20 hours of assignment and 20 hours of project work 2. We have a 24*7 One-on-One LIVE Technical Support to help you with any problems you might face or any clarifications you may require during the course. 3. At the end of the training you will be working on a real time project for which we will provide you a Grade and a Verifiable Certificate! - - - - - - - - - - - - - - - - - About the Course Edureka's Blockchain course is designed to introduce you to the concept of Blockchain and explain the fundamentals of Blockchain and bitcoin. Blockchain course will provide an overview of the structure and mechanism of blockchain. As a beginner, you will be learning the importance of consensus in transactions, how transactions are stored on Blockchain, history of bitcoin and how to use bitcoin. Furthermore, you will be taught about the Ethereum platform and its programming language. You will setup your own private Blockchain environment using Ethereum. Also, you will develop a smart contract on private Ethereum Blockchain and will be deploying the contract from web and console. The course is fed with various use-cases and examples, which makes the learning more interesting. After completing this Course, you should be able to: 1. Comprehend the cryptography and cryptocurrency concepts 2. Encompass the concept of Blockchain 3. Understand the importance of Blockchain Technology 4. Have a deep insight into Bitcoin and its network 5. Perceive, how Bitcoin transactions are validated by miners 6. Create and use Bitcoin account effectively 7. Understand Ethereum Blockchain 8. Learn Solidity: Prominent language to develop smart contracts 9. Deploy your private Blockchain on web where you can visually see your chains 10. Send transactions between nodes 11. Develop more than one nodes on same Blockchain 12. Making your own cryptocurrency 13. Discuss the compelling use-cases of the Blockchain 14. Interpret the prospects of Blockchain 15. Assess, how Blockchain can improve your business standards. ----------------------------------- Who should go for this course? Anyone having basic programming knowledge and has a zeal to learn new technology can take up the course. Students and professionals aspiring to make a career in the Blockchain technology should opt for the course. ----------------------------------- Why learn Blockchain? Blockchain is a revolutionary technology. It is an ordered back linked-list data structure of blocks of transactions stored in a decentralized peer- to-peer network. It is the underlying infrastructure for bitcoin, a popular cryptocurrency. In near future, many companies will be adopting Blockchain technologies for trading publicly. Apart from bitcoin, it can be used for a wide variety of applications such as tracking ownership, digital assets, physical assets, or voting rights. It can also store and run computer code called ‘smart contracts’. However, Blockchain is still new and the communities are still exploring the best ways in which it can be used. For more information, please write back to us at sales@edureka.co Call us at US: 1800 275 9730(toll free) or India: +91 88808 62004 Website: https://www.edureka.co/blockchain-training Facebook: https://www.facebook.com/edurekaIN/ Twitter: https://twitter.com/edurekain LinkedIn: https://www.linkedin.com/company/edureka
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Blockchain Technology Explained: What is a Blockchain?

Blockchain Technology Explained: What is a Blockchain?

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  • Duration: 4:01
  • Updated: 12 Mar 2017
  • views: 8282
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This video https://youtu.be/eXJHPDs4M3Y provides an easy to understand introduction to Blockchain Technology. Please leave comments and questions below the video. Here is the full transcript for your convenience: What is a Blockchain? A Blockchain is a distributed database that multiple parties share and everyone can trust. A Blockchain network provides a mutually trusted, transparent way of sharing and transacting. Each party participating in a Blockchain network maintains their own copy of the database. What makes Blockchain secure? Transactions on the database are atomic (this means that they're processed one at a time). The next transaction will be a different write or a read, but only after the preceding transaction has completed (or failed). Each write to the database is considered a ‘block’. Each new block contains a cryptographic hash (a unique fingerprint) of the previous block, creating a chain that can always be validated by checking the hashes back to the original root block. Before a block can be committed, all participants are required to validate the transaction and provide consensus that the block can be added to the chain. This effectively makes it impossible to add a record unless all parties participating in the blockchain agree the record is valid. Because all records are chained together by their hash value, once committed to the chain, all records are immutable (they cannot be changed). It is impossible to alter a previous record without altering every party’s copy of the chain. If one node is compromised, then it can no longer participate in the chain until it regenerates the true chain from the other participants. How does Blockchain prevent double spending? A major challenge of digitising assets is the potential to spend/redeem/use an asset multiple times. Because digital assets are much easier to forge than many traditional assets (such as currency, tickets, physical coupons, etc.), a secure system is required to ensure that an asset is only used once. With Blockchain, every time an asset is used or consumed, the owner of the asset signs the transfer with a private cryptographic key. This key is unique to the owner and is extremely difficult to forge. In order to initiate the transaction, the transferrer requires both the asset and their private key. The Blockchain will check both the validity of the key, and ownership of the asset. Therefore, even if the asset is cloned, it cannot be used without the private key. Once the transaction has been committed to the chain, the owner of the asset will have changed. This means, each node that receives a second transaction requesting transfer of ownership (or redemption, etc.) will see that there was a previous transaction that already transferred the asset and will reject that transaction. This prevents a second transfer block from being added to the chain. How does Blockchain ensure privacy? Personal data and identifiers are not required to be stored in the chain. Such data is stored as a hash value which provides both anonymity and security. The user may provide data such as their name, telephone number, email address, Facebook account id, unique user name, password etc. (in reality a combination of these values is used) to determine their identity. This data is hashed to provide a unique token that can only be recreated by providing the original values, and only this hash is stored to identify the party in the chain. Since it is impossible to obtain the input values by reverse engineering a hash value, the user is practically anonymous to all parties within the chain. But, they can be validated whenever required by providing the original values used to create the hash. How is PassKit utilising Blockchain? PassKit provides a private blockchain service to parties that wish to issue, record or redeem anything of value. This can be anything from loyalty points, punch card programmes, event tickets, boarding passes, to government identification, insurance policies or claim histories, tax records and educational transcripts. We utilise existing mobile wallet technology as a gateway for transacting, validating or querying our secure, private Blockchain networks. We ensure that mobile wallet content can be validated and trusted in a frictionless, realtime manner, by both consumers and by the businesses and institutions with whom they transact.
https://wn.com/Blockchain_Technology_Explained_What_Is_A_Blockchain
Walmart's Food Safety Solution Built on the IBM Blockchain Platform

Walmart's Food Safety Solution Built on the IBM Blockchain Platform

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  • Duration: 2:57
  • Updated: 22 Aug 2017
  • views: 20161
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Frank Yiannas, Walmart's Vice President of Food Safety, explains how Walmart can track food products through its supply chain using the IBM Blockchain Platform. To learn more, visit ibm.com/blockchain/supply-chain
https://wn.com/Walmart's_Food_Safety_Solution_Built_On_The_Ibm_Blockchain_Platform
Blockchain: Massively Simplified | Richie Etwaru | TEDxMorristown

Blockchain: Massively Simplified | Richie Etwaru | TEDxMorristown

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  • Duration: 22:55
  • Updated: 15 May 2017
  • views: 639466
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Richie Etwaru, discusses the opportunity and implications of blockchain as a paradigm to slow/chose the expanding trust gap in commerce. He unpacks blockchain to a level of simplicity to be consumed by those that are just starting to understand and explore the paradigm. He lays out a current state of commerce, suggesting that every company is currently at risk of being disrupted or incurring severe strain from a blockchain version of itself. Professionally, Richie Etwaru is a c-level at a Fortune 500 Company, an author, the owner of international patents, the founder of multiple ventures, an experienced keynote speaker, an angel investor, a member of advisory boards, and a recognized thought leader in the area of digital, technology, and design. Specific to this TEDx talk, Richie is an adjunct professor of blockchain management at Syracuse University in New York, he has delivered over 100 blockchain keynotes across the world, he has written well read blockchain blogs, he has been interviewed on blockchain in online TV shows, and has advised governments and venture funds on blockchain opportunities. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
https://wn.com/Blockchain_Massively_Simplified_|_Richie_Etwaru_|_Tedxmorristown
Introducing Ethereum

Introducing Ethereum

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  • Duration: 9:51
  • Updated: 24 Jan 2014
  • views: 65551
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When the grand experiment that is bitcoin began, the anonymous wizard desired to test two parameters - a trustless, decentralized database enjoying security enforced by the austere relentlessness of cryptography and a robust transaction system capable of sending value across the world without intermediaries. Yet the past five years years have painfully demonstrated a third missing feature: a sufficiently powerful Turing-complete scripting language. Up until this point, most innovation in advanced applications such as domain and identity registration, user-issued currencies, smart property, smart contracts, and decentralized exchange has been highly fragmented, and implementing any of these technologies has required creating an entire meta-protocol layer or even a specialized blockchain. Theoretically, however, each and every one of these innovations and more can potentially be made hundreds of times easier to implement, and easier to scale, if only there was a stronger foundational layer with a powerful scripting language for all of these protocols to build upon. And this need is what we seek to satisfy. Ethereum is a modular, Turing-complete contract scripting system married to a blockchain and developed with a philosophy of simplicity, universality and non-discrimination. Our goal is to provide a platform for decentralized applications - an android of the cryptocurrency world, where all efforts can share a common set of APIs, trust-less interactions and no compromises. We ask for the community to join us as volunteers, developers, investors and evangelists seeking to enable a fundamentally different paradigm for the internet and the relationships it provides. Visit our Bitcoin Talk thread: https://bitcointalk.org/index.php?topic=428589.0;topicseen Go here to read the white paper: http://ethereum.org/ethereum.html www.ethereum.org
https://wn.com/Introducing_Ethereum
IBM Think Academy: Blockchain, How it works

IBM Think Academy: Blockchain, How it works

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  • Duration: 3:35
  • Updated: 23 Sep 2016
  • views: 289783
videos
Learn more about how blockchain works and see it in action within the diamond industry, which has been plagued by fraud, theft and controversy.
https://wn.com/Ibm_Think_Academy_Blockchain,_How_It_Works
For greater flexibility in the electricity grid system - Blockchain technology

For greater flexibility in the electricity grid system - Blockchain technology

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  • Duration: 2:54
  • Updated: 19 Jun 2017
  • views: 2504
videos
As the first transmission system operator, TenneT uses networked, decentralized home storage with the blockchain to stabilize the power grid. Flexible use of battery storage reduces network-stabilizing emergency measures. After a successful pilot phase, the blockchain technology can be further expanded through IBM's open source-based solution. In a second project in the Netherlands, together with Vandebron, TenneT uses the charging of electric vehicles to keep the balance between consumption and production stable. Both pilot projects are further steps to make the electricity network fit for the future. TenneT taking power further www.tennet.eu www.tennet-virtual-vision.eu
https://wn.com/For_Greater_Flexibility_In_The_Electricity_Grid_System_Blockchain_Technology
It Begins: The Blockchain Beast System Is Here

It Begins: The Blockchain Beast System Is Here

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  • Duration: 12:31
  • Updated: 13 Aug 2017
  • views: 139191
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The is one of the most important messages i have ever put out. Please share and help get the truth out there! Much Love! LOOKS LIKE THEY SENT IN THE TROLLS! COMMENTS SHUT DOWN UNTIL THE RACISM AND DEATH THREATS STOP! www.undergroundworldnews.com https://www.minds.com/DAHBOO7 My Other Youtube Channel- https://www.youtube.com/Dahboo777 https://twitter.com/dahboo7 https://vid.me/DAHBOO7 https://www.facebook.com/TheUndergroundWorldNews https://www.instagram.com/dahboo7/ Your Support of Independent Media Is Appreciated: Bitcoin Address- 1KbDZijL3jVJGyea3zhanUwPbnCE9op2mk https://www.paypal.me/dahboo7 https://www.patreon.com/dahboo7 Erick M: https://twitter.com/letmeexplainit https://www.youtube.com/channel/UCcwB6XtfJtyWW4DXKoZVn5A B Rich: https://twitter.com/B_Rich33NO https://www.youtube.com/c/BRichOfficial ToBeFree: https://twitter.com/da52true https://www.youtube.com/channel/UCvdTd5-p_sBE8oTjUOqPpPg EnterThe5t4rz: https://twitter.com/Enterthe5t4rz https://www.youtube.com/user/Enterthe5t4rz
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Blockchain Demystified | Daniel Gasteiger | TEDxLausanne

Blockchain Demystified | Daniel Gasteiger | TEDxLausanne

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  • Duration: 11:20
  • Updated: 25 Apr 2016
  • views: 289117
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A short story on how this new technology is shaping and moving beyond the bitcoin hype. In this talk, Daniel will attempt to reveal the principle behind Blockchain, its potential to defy current systems and why Blockchain is probably the biggest technological invention since the PC in the 1970s and the Internet in the 1990s. Daniel Gasteiger is an entrepreneur based in Zurich, co-founder of nexussquared. Daniel carries a driving passion to support and further develop the Swiss blockchain ecosystem. He embodies more than 20 years of experience in financial services - starting out as an FX trader at Credit Suisse, he then joined UBS in a variety of roles including until recently, managing the Chairman’s office as a Managing Director. In his recent co-authored whitepaper, “Act Now or Follow Later”, he achieves a remarkable ‘call to action’ by describing why Switzerland must seize the Fintech challenge. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx
https://wn.com/Blockchain_Demystified_|_Daniel_Gasteiger_|_Tedxlausanne
Impact of Blockchain/Distributed Ledger on Financial Services and Payment Systems

Impact of Blockchain/Distributed Ledger on Financial Services and Payment Systems

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  • Duration: 1:42:09
  • Updated: 15 Jan 2016
  • views: 6078
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On January 14, Brookings convened roundtable technical discussions about the future of distributed ledger technology with industry and policy stakeholders. http://www.brookings.edu/events/2016/01/14-beyond-bitcoin-blockchain-disruptive-financial-technologies Subscribe! http://www.youtube.com/subscription_center?add_user=BrookingsInstitution Follow Brookings on social media! Facebook: http://www.Facebook.com/Brookings Twitter: http://www.twitter.com/BrookingsInst Instagram: http://www.Instagram.com/brookingsinst LinkedIn: http://www.linkedin.com/com/company/the-brookings-institution
https://wn.com/Impact_Of_Blockchain_Distributed_Ledger_On_Financial_Services_And_Payment_Systems
How the blockchain will radically transform the economy | Bettina Warburg

How the blockchain will radically transform the economy | Bettina Warburg

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  • Duration: 14:58
  • Updated: 08 Dec 2016
  • views: 658073
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Say hello to the decentralized economy -- the blockchain is about to change everything. In this lucid explainer of the complex (and confusing) technology, Bettina Warburg describes how the blockchain will eliminate the need for centralized institutions like banks or governments to facilitate trade, evolving age-old models of commerce and finance into something far more interesting: a distributed, transparent, autonomous system for exchanging value. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more. Find closed captions and translated subtitles in many languages at http://www.ted.com/translate Follow TED news on Twitter: http://www.twitter.com/tednews Like TED on Facebook: https://www.facebook.com/TED Subscribe to our channel: http://www.youtube.com/user/TEDtalksDirector
https://wn.com/How_The_Blockchain_Will_Radically_Transform_The_Economy_|_Bettina_Warburg
The Blockchain Beast System Is Here

The Blockchain Beast System Is Here

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  • Duration: 12:43
  • Updated: 13 Aug 2017
  • views: 514
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Source: https://youtu.be/IZbZlZsAM-M Was hat Bitcoin mit der Bargeldabschaffung zu tun ? Dirk Müller https://youtu.be/-SmopXoSYOA
https://wn.com/The_Blockchain_Beast_System_Is_Here
How blockchain technology will change auditing and accounting for good

How blockchain technology will change auditing and accounting for good

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  • Duration: 1:19
  • Updated: 14 Mar 2017
  • views: 1993
videos
Blockchain promises a future where all transactions can be logged, viewed and monitored in real time. Keeping track of profit and loss statements, incoming and outgoing transactions and reporting requirements is a daunting challenge these days. "Groove Music" byBenjamin Mastripolito is licensed under CC BY 2.0 Author: https://www.freesound.org/people/Lemoncreme/ Source: https://www.freesound.org/people/Lemoncreme/sounds/203099/ License: https://creativecommons.org/licenses/...
https://wn.com/How_Blockchain_Technology_Will_Change_Auditing_And_Accounting_For_Good
Blockchain Reputation Systems

Blockchain Reputation Systems

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  • Duration: 2:36
  • Updated: 31 Jul 2015
  • views: 3486
videos
Blockchain reputation systems have the potential to change how we think about our digital (and real) reputations. What would it mean to have a universal rating tied to our identity? Is it good or bad? ---------------- Music (with permission): Stendeck - The Silence After This Stendeck.com
https://wn.com/Blockchain_Reputation_Systems
Panel: Future of Decentralization What role for the legal system - COALA's Blockchain Workshops

Panel: Future of Decentralization What role for the legal system - COALA's Blockchain Workshops

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  • Duration: 22:58
  • Updated: 08 Feb 2016
  • views: 1058
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Panelists: Vitalik Buterin (Ethereum), Primavera De Filippi (Harvard/CNRS), Lawrence Lessig (Harvard) Moderated by Constance Choi (Seven Advisory/CNRS) This panel took place at the Sydney 2015 Blockchain Workshops organised by COALA http://coala.global/ http://sydney.blockchainworkshops.org/
https://wn.com/Panel_Future_Of_Decentralization_What_Role_For_The_Legal_System_Coala's_Blockchain_Workshops
Blockchain, Bitcoin, Ethereum, & the Explosive Growth of Cryptocurrencies with Andrew Keys

Blockchain, Bitcoin, Ethereum, & the Explosive Growth of Cryptocurrencies with Andrew Keys

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  • Duration: 55:31
  • Updated: 03 Aug 2017
  • views: 362
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Subscribe to Hidden Forces Here: http://www.hiddenforcespod.com/ In this Market Forces segment, Demetri Kofinas covers the latest blockchain news with Andrew Keys of Ethereum focused Consensus Systems. While most are undoubtedly glued to the bitcoin cash news that rocked the cryptocurrency industry yesterday (August 1) regarding Bitcoin’s first “hard-fork,” Andrew continues to focus on the bigger picture at hand. As fascinating as Bitcoin has been and continues to be, particularly as the technology flag-bearer for its novel blockchain technology, Andrew’s attention has been on what he believes is the true technological panacea for everything from payment processing, contract transfers, application creation – even the future of the internet as we know it. Hence, his role spear heading business development for Consensus Systems. Building on the innovation, adoption, and possibilities of Bitcoin, Andrew has immersed himself over the last several years, diving head first into what many people are calling Bitcoin 2.0 – otherwise known as Ethereum. Andrew turned an opportune meeting with the founder of Consensus Systems and co-creator of Ethereum, Joseph Lubin, into a role that has quickly evolved into Andrew sitting center stage as one of the world’s go-to business ambassadors of blockchain technology and the highly advanced Ethereum protocol. Andrew has been invited to all ends of the world to explain blockchain technology and Ethereum to industry titans in the worlds of finance and technology. Just this year alone, Andrew traveled to and spoke at the World Economic Forum in Davos, Switzerland and the Global Blockchain Financial Summit in Hangzhou, China, meeting with executives at JPMorgan Chase, Microsoft, and IBM as well as top government officials from around the world. Today, he is here with us to discuss blockchain technology, Bitcoin, Ethereum, and the explosive growth of the cryptocurrency industry – where it’s been, what it looks like today – and how it has the potential to shape all of our futures. "This is ultimately about the move away from a centralized system for organizing society towards a decentralized one that is more appropriate for the technological present," says Demetri Kofinas. Indeed, the question of centralization versus decentralization is central to the framework of blockchain technology. It also speaks to the challenges of scaling the network, which was the central concern of the bitcoin mining community that initiated the recent "hard-fork" in order to create bitcoin cash. For all of recorded history, human beings have achieved scale through a bureaucracy. Empires, nation states, corporations, etc., are all built upon layers of authority and thickets of bureaucracy. Blockchain manages to overcome this by shifting the burden of validation from the center to the periphery. In other words, no central authority is required in order to approve any transaction or mediate any dispute among users of the blockchain protocol. There is no need for third-party verification (TPV). This process is achieved through consensus. Instead of requiring the use of digital right's management software in order to manage ownership rights over music, for example, users can rely on the Ethereum's blockchain network. Rather than require a central clearing house or exchange to validate a debit or credit, you can use Bitcoin to transfer value directly from one party to another. Again, there is no need for third-party verification. The two discuss issues of security and the problem of energy consumption. They also contemplate the role of Wall Street in the cryptocurrency space, specifically its use of the Ethereum blockchain. They look at the role of government, regulations, and the adoption of blockchain technology by nations around the world. Andrew also gives his take on blockchain, and specifically Ethereum’s ability to create an entirely new Internet, built on the Ethereum blockchain. If you have been looking for a great resource for explaining "what is Ethereum" or "what is blockchain," then you have come to the right place. One of Andrew Keys' main tasks as head of Global Business Development for Consensus Systems is to help educate potential users of this technology on how it all works. You won't be disappointed. Follow us on Facebook: https://www.facebook.com/hiddenforcespod/ Follow us on Twitter: https://twitter.com/hiddenforcespod Follow us on Instagram: https://www.instagram.com/hiddenforcespod/
https://wn.com/Blockchain,_Bitcoin,_Ethereum,_The_Explosive_Growth_Of_Cryptocurrencies_With_Andrew_Keys