CS /441: Blockchains and Cryptocurrencies

Size: px
Start display at page:

Download "CS /441: Blockchains and Cryptocurrencies"

Transcription

1 CS /441: Blockchains and Cryptocurrencies Instructor: Abhishek Jain Spring 2018 Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

2 What is a Blockchain A distributed ledger or database Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

3 What is a Blockchain A distributed ledger or database Used for building decentralized cryptocurrencies such as Bitcoin Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

4 What is a Blockchain A distributed ledger or database Used for building decentralized cryptocurrencies such as Bitcoin Several other applications such as distributed Domain Name system (DNS), Public-Key Infrastructure (PKI), stock trade database, etc. Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

5 What is a Blockchain A distributed ledger or database Used for building decentralized cryptocurrencies such as Bitcoin Several other applications such as distributed Domain Name system (DNS), Public-Key Infrastructure (PKI), stock trade database, etc. Lots of exciting research currently underway Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

6 What is a Blockchain A distributed ledger or database Used for building decentralized cryptocurrencies such as Bitcoin Several other applications such as distributed Domain Name system (DNS), Public-Key Infrastructure (PKI), stock trade database, etc. Lots of exciting research currently underway Lots of new startups Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

7 Course Objectives Understanding the mechanics of blockchains Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

8 Course Objectives Understanding the mechanics of blockchains Understanding why current implementations work Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

9 Course Objectives Understanding the mechanics of blockchains Understanding why current implementations work Understanding the necessary cryptographic background Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

10 Course Objectives Understanding the mechanics of blockchains Understanding why current implementations work Understanding the necessary cryptographic background Exploring applications of blockchains to cryptocurrencies and beyond Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

11 Course Objectives Understanding the mechanics of blockchains Understanding why current implementations work Understanding the necessary cryptographic background Exploring applications of blockchains to cryptocurrencies and beyond Understanding limitations of current blockchains Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

12 Course Objectives Understanding the mechanics of blockchains Understanding why current implementations work Understanding the necessary cryptographic background Exploring applications of blockchains to cryptocurrencies and beyond Understanding limitations of current blockchains Introduction to recent exciting research Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

13 Course Objectives Understanding the mechanics of blockchains Understanding why current implementations work Understanding the necessary cryptographic background Exploring applications of blockchains to cryptocurrencies and beyond Understanding limitations of current blockchains Introduction to recent exciting research Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

14 Course Objectives Understanding the mechanics of blockchains Understanding why current implementations work Understanding the necessary cryptographic background Exploring applications of blockchains to cryptocurrencies and beyond Understanding limitations of current blockchains Introduction to recent exciting research Main Goal: Entrepreneurial or research projects by student teams Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

15 Disclaimer This is not a finance course on cryptocurrencies. You should not expect to be taught how to invest in cryptocurrencies or how to become a billionaire overnight. Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

16 Pre-requisites No background in Cryptography is necessary. However, the following are expected: Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

17 Pre-requisites No background in Cryptography is necessary. However, the following are expected: Basic mathematical maturity Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

18 Pre-requisites No background in Cryptography is necessary. However, the following are expected: Basic mathematical maturity Comfort with basic probability Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

19 Pre-requisites No background in Cryptography is necessary. However, the following are expected: Basic mathematical maturity Comfort with basic probability Basic familiarity with asymptotic (Big-O) notation Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

20 General Information Course website: Link on my homepage abhishek Office Hours: Tuesdays 2-3pm in Malone 315 Teaching Assistants: Arka Rai Choudhuri Aarushi Goel TA Office Hours: Arka (Wed 4:30-6pm), Aarushi (Thu 4-5:30pm) Discussion Board: Pizza Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

21 Grading Assignments (take home and in class) and a project Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

22 Grading Assignments (take home and in class) and a project Late submission policy for take-home assignments: Late submissions within 0-24 hrs will lose HALF of their value. Submissions late by more than 24 hours late carry no value at all. Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

23 Grading Assignments (take home and in class) and a project Late submission policy for take-home assignments: Late submissions within 0-24 hrs will lose HALF of their value. Submissions late by more than 24 hours late carry no value at all. Students must form teams for projects Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

24 Grading Assignments (take home and in class) and a project Late submission policy for take-home assignments: Late submissions within 0-24 hrs will lose HALF of their value. Submissions late by more than 24 hours late carry no value at all. Students must form teams for projects Deadlines for forming teams, choosing projects, reporting mid-way progress will be announced later Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

25 Grading Assignments (take home and in class) and a project Late submission policy for take-home assignments: Late submissions within 0-24 hrs will lose HALF of their value. Submissions late by more than 24 hours late carry no value at all. Students must form teams for projects Deadlines for forming teams, choosing projects, reporting mid-way progress will be announced later Grading scheme will be announced next week Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

26 Grading Assignments (take home and in class) and a project Late submission policy for take-home assignments: Late submissions within 0-24 hrs will lose HALF of their value. Submissions late by more than 24 hours late carry no value at all. Students must form teams for projects Deadlines for forming teams, choosing projects, reporting mid-way progress will be announced later Grading scheme will be announced next week Take home assignments must be submitted by Gradescope (use Code M74J8W to join). Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

27 Collaboration You can collaborate with other students on take home assignments Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

28 Collaboration You can collaborate with other students on take home assignments However: you must write the solutions in your own words Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

29 Collaboration You can collaborate with other students on take home assignments However: you must write the solutions in your own words You must also list the names of students you collaborated with for each problem Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

30 Collaboration You can collaborate with other students on take home assignments However: you must write the solutions in your own words You must also list the names of students you collaborated with for each problem Do not collaborate with more than 2 students on assignments Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

31 Plagiarism Plagiarism will be dealt with strictly. You will be IMMEDIATELY reported. If you have a problem, come and talk to me. Do NOT cheat! Instructor: Abhishek Jain CS /441: Blockchains and CryptocurrenciesSpring / 11

32 (Tentative) Syllabus Crypto background: Hash functions, Commitment schemes, Digital signatures, Zero-Knowledge proofs Distributed Consensus and Blockchains Bitcoin: protocols, mining strategies, attacks, weaknesses, applications Alternative approaches Anonymity and Privacy Altcoins Smart-contracts Recent applications Instructor: Abhishek Jain CS /441: Blockchains and Cryptocurrencies Spring / 11

33 Textbook Main resource: Bitcoin and Cryptocurrency Technologies by Narayanan, Bonneau, Felten, Miller, Goldfeder (NBFMG) Instructor: Abhishek Jain CS /441: Blockchains and Cryptocurrencies Spring / 11

34 Textbook Main resource: Bitcoin and Cryptocurrency Technologies by Narayanan, Bonneau, Felten, Miller, Goldfeder (NBFMG) Additional reading material (including research papers) will be made available on class website. Instructor: Abhishek Jain CS /441: Blockchains and Cryptocurrencies Spring / 11

Course Form for PKU Summer School International 2019

Course Form for PKU Summer School International 2019 Course Form for PKU Summer School International 2019 Course Title Teacher Blockchain 区块链 JIANG Yuming First day of classes July 15, 2019 Last day of classes July 26, 2019 Course Credit 2 credits Course

More information

Whitepaper. 1

Whitepaper. 1 Whitepaper 1 www.quantumproject.org Table of contents Overview... 4 Quantum project... 5 Quantum token... 5 Presale period... Issuance of tokens... Trading of tokens... Token buybacks... Destruction process...

More information

Blockchains as a Component of the Next Generation Internet

Blockchains as a Component of the Next Generation Internet hub4ngi.eu Questions to: feedback@hub4ngi.eu Blockchains as a Component of the Next Generation Internet Prof. John Domingue (@johndmk) Director, Knowledge Media Institute, the Open University, UK kmi.open.ac.uk

More information

Blockchain: Where are We and Where are We Heading?

Blockchain: Where are We and Where are We Heading? Blockchain: Where are We and Where are We Heading? Objectives Define the underlying technologies of blockchain Describe some shortcomings of blockchain Describe the accounting profession s interest in

More information

Seminar Distributed Systems Blockchain: From Cryptocurrencies to Smart Contracts. Signe Rüsch

Seminar Distributed Systems Blockchain: From Cryptocurrencies to Smart Contracts. Signe Rüsch Seminar Distributed Systems Blockchain: From Cryptocurrencies to Smart Contracts Signe Rüsch October 25, 2017 Table of Contents Organisational Signe Rüsch Seminar Distributed Systems 2 Organisational Course

More information

BLOCKCHAIN EVOLUTION. The shifting perception of blockchain and the potential impact on businesses, governments and the investment landscape.

BLOCKCHAIN EVOLUTION. The shifting perception of blockchain and the potential impact on businesses, governments and the investment landscape. The shifting perception of blockchain and the potential impact on businesses, governments and the investment landscape. Introduction The following commentary is intended to provide a brief introduction

More information

Introduction to Blockchain Technology

Introduction to Blockchain Technology Introduction to Blockchain Technology Current Trends in Artificial Intelligence Volker Strobel PhD student @ IRIDIA 23 February 2017 Part I: Bitcoin: Idea, Basics, Technology Part II: Altcoins, Use cases,

More information

Bitcoin. CS 161: Computer Security Prof. Raluca Ada Poipa. April 24, 2018

Bitcoin. CS 161: Computer Security Prof. Raluca Ada Poipa. April 24, 2018 Bitcoin CS 161: Computer Security Prof. Raluca Ada Poipa April 24, 2018 What is Bitcoin? Bitcoin is a cryptocurrency: a digital currency whose rules are enforced by cryptography and not by a trusted party

More information

Blockchain: The New Line of Defense

Blockchain: The New Line of Defense Blockchain: The New Line of Defense Who Am I Your Presenter & Advisory in This Domain q Cybersecurity Solutions Architect for Enterprise & National Level Projects for Kaspersky Lab Middle East, Turkey

More information

Bitcoin. CS 161: Computer Security Prof. Raluca Ada Popa. April 11, 2019

Bitcoin. CS 161: Computer Security Prof. Raluca Ada Popa. April 11, 2019 Bitcoin CS 161: Computer Security Prof. Raluca Ada Popa April 11, 2019 What is Bitcoin? Bitcoin is a cryptocurrency: a digital currency whose rules are enforced by cryptography and not by a trusted party

More information

L3. Blockchains and Cryptocurrencies

L3. Blockchains and Cryptocurrencies L3. Blockchains and Cryptocurrencies Alice E. Fischer September 6, 2018 Blockchains and Cryptocurrencies... 1/16 Blockchains Transactions Blockchains and Cryptocurrencies... 2/16 Blockchains, in theory

More information

Table of contents. 2

Table of contents. 2 Whitepaper Table of contents Table of contents... 2 Overview... 3 TrillionToken... 3 Sports Betting Platform... 3 Cryptocurrency... 3 Blockchain technology... 3 Ethereum network... 5 TrillionToken token...

More information

A.J. Bahou, LLM, MSECE Bahou Miller PLLC

A.J. Bahou, LLM, MSECE Bahou Miller PLLC A.J. Bahou, LLM, MSECE Bahou Miller PLLC AJBahou@BahouMiller.com ISACA and ISC2 December 2017 The views expressed herein are solely the presenter s and do not necessarily reflect any position of Bahou

More information

November 2018 Abstract

November 2018 Abstract etxcoin@outlook.com November 2018 Abstract A purely peer-to-peer version of electronic cash scalable and friendly to use would allow online payments to be sent directly from one party to another without

More information

Blockchain WASHINGTON BANKERS ASSOCIATION

Blockchain WASHINGTON BANKERS ASSOCIATION Blockchain WASHINGTON BANKERS ASSOCIATION - 2016 What is a blockchain? Software that enables data sharing across a network of individual computers. A blockchain describes computers transferring blocks

More information

Blockchain Technology in Banking and Financial Services

Blockchain Technology in Banking and Financial Services Blockchain Technology in Banking and Financial Services Daniel Rozycki Payments Consultant Payments, Standards, & Outreach Group Federal Reserve Bank of Minneapolis EPCOR Payments Conference Spring 2017

More information

Computer Security. 13. Blockchain & Bitcoin. Paul Krzyzanowski. Rutgers University. Spring 2018

Computer Security. 13. Blockchain & Bitcoin. Paul Krzyzanowski. Rutgers University. Spring 2018 Computer Security 13. Blockchain & Bitcoin Paul Krzyzanowski Rutgers University Spring 2018 April 18, 2018 CS 419 2018 Paul Krzyzanowski 1 Bitcoin & Blockchain Bitcoin cryptocurrency system Introduced

More information

Blockchain in Healthcare

Blockchain in Healthcare Blockchain in Healthcare Presented to the Kentucky HFMA Chapter Tom Skoog, Principal July 19, 2018 What are Blockchain and Bitcoin and How Can They Be Used? Bitcoin and Blockchain - - what s the difference

More information

Blockchain & beleggingen. NBA Amsterdam, 28 mei 2018

Blockchain & beleggingen. NBA Amsterdam, 28 mei 2018 Blockchain & beleggingen NBA Amsterdam, 28 mei 2018 Introductie Dennis de Vries Joined in 2015 as senior manager Audit serving financial institutions Appointed lead KPMG Digital Ledger Services Netherlands

More information

Blockchain: Programming And Technology Guide 2 In 1 By Charles Jensen READ ONLINE

Blockchain: Programming And Technology Guide 2 In 1 By Charles Jensen READ ONLINE Blockchain: Programming And Technology Guide 2 In 1 By Charles Jensen READ ONLINE Want To Know How You Can Benefit From Blockchain? Are You Guide To Blockchain Technology And Leveraging Blockchain Programming.

More information

Crypto-Philanthropy: Virtual Currency and the Future of Charitable Giving

Crypto-Philanthropy: Virtual Currency and the Future of Charitable Giving Crypto-Philanthropy: Virtual Currency and the Future of Charitable Giving Presentation to the San Francisco Foundation: Professional Advisers Luncheon Jon D. Feldhammer May 18, 2018 Perkins Coie LLP JON

More information

Introduction to Blockchain

Introduction to Blockchain Introduction to Blockchain with focus on Energy June 1 st 2018 Tony Giroti tony@energy-blockchain.org Jun 1, 2018 CONTENT COPYRIGHT 2018, ENERGY BLOCKCHAIN CONSORTIUM, Tony Giroti, tony@energy-blockchain.org

More information

Blockchain: You re Doing it Wrong

Blockchain: You re Doing it Wrong Blockchain: You re Doing it Wrong Blockchain Technologies will negatively affect YOU! Source: https://commons.wikimedia.org/wiki/file:wana_decrypt0r_screenshot.png Interesting Read: "The ring of Gyges:

More information

Blockchain & Bitcoin. Länsstyrelserna David Bauman

Blockchain & Bitcoin. Länsstyrelserna David Bauman Blockchain & Bitcoin Länsstyrelserna 2017-03-28 David Bauman Agenda What is Money? What is Bitcoin & Blockchain? How does it Work? Areas of Application Future Public Sector Questions What is Currency?

More information

Auditing in the Crypto-Asset Sector

Auditing in the Crypto-Asset Sector Auditing in the Crypto-Asset Sector Introduction Many of the reporting issuers in Canada s crypto-asset sector obtained material crypto-asset holdings or engaged in material crypto-mining activity during

More information

DEVELOPING ON HYPERLEDGER FABRIC

DEVELOPING ON HYPERLEDGER FABRIC DEVELOPING ON HYPERLEDGER FABRIC COURSE OVERVIEW: This instructor-led Hyperledger training course is designed for developers and administrators who want to take a comprehensive deep dive on Hyperledger

More information

EVERYTHING YOU NEED TO KNOW ABOUT DIGITAL LEDGER TECHNOLOGY, THE BLOCKCHAIN AND CRYPTOCURRENCIESÓ (Part I June 2018)

EVERYTHING YOU NEED TO KNOW ABOUT DIGITAL LEDGER TECHNOLOGY, THE BLOCKCHAIN AND CRYPTOCURRENCIESÓ (Part I June 2018) EVERYTHING YOU NEED TO KNOW ABOUT DIGITAL LEDGER TECHNOLOGY, THE BLOCKCHAIN AND CRYPTOCURRENCIESÓ (Part I June 2018) Robert C. Brighton, Jr. Brighton Legal Solutions P.A. rcbrightonbizlaw@gmail.com This

More information

Blockchain for Education & Research Webinar. December 6, 2016

Blockchain for Education & Research Webinar. December 6, 2016 Blockchain for Education & Research Webinar December 6, 2016 Agenda Blockchain basics & potential use cases Promises & challenges Major players & areas of activity Potential use cases in education & research

More information

International Journal of Computer Engineering and Applications, Volume XII, Special Issue, April- ICITDA 18,

International Journal of Computer Engineering and Applications, Volume XII, Special Issue, April- ICITDA 18, International Journal of Computer Engineering and Applications, Volume XII, Special Issue, April- ICITDA 18, www.ijcea.com ISSN 2321-3469 ABSTRACT: BLOCKCHAIN, CRYPTOCURRENCY AND BITCOIN Nurul Hassan,

More information

FLASH TOKEN WHITE PAPER

FLASH TOKEN WHITE PAPER FLASH TOKEN WHITE PAPER 2017 Blockchain Technology Cryptocurrency and the Economy Cryptocurrency Market The Flash Company Mining Benefits in Business Company Structure FLASH TOKEN ICO: the Order of Implementation

More information

Anthony O Dowd IBM Blockchain Labs V3.3, 12 July 16

Anthony O Dowd IBM Blockchain Labs V3.3, 12 July 16 Making Blockchain Real for Business Explained Anthony O Dowd IBM Blockchain Labs V3.3, 12 July 16 Page 1 Contents is Blockchain? is it relevant for our business? can IBM help us apply Blockchain? Page

More information

Blockchain Overview. Amr Eid Cloud Architect, Cloud Platform, MEA

Blockchain Overview. Amr Eid Cloud Architect, Cloud Platform, MEA Blockchain Overview Amr Eid Cloud Architect, Cloud Platform, MEA amreid@eg.ibm.com History Business / Academic 1991: The first crypto secured chain of blocks How to time-stamp a digital document Bitcoin

More information

INTRODUCTION TO THE BLOCKCHAIN ERRIN ICT Working Group Meeting on Blockchain June 13, Javier Prieto IoT Digital Innovation Hub

INTRODUCTION TO THE BLOCKCHAIN ERRIN ICT Working Group Meeting on Blockchain June 13, Javier Prieto IoT Digital Innovation Hub INTRODUCTION TO THE BLOCKCHAIN ERRIN ICT Working Group Meeting on Blockchain June 13, 2018 Content Bitcoin Beyond bitcoin The blockchain is an incorruptible digital ledger of economic transactions that

More information

Blockchain Technology: Concepts. Whitepaper 1

Blockchain Technology: Concepts. Whitepaper 1 Whitepaper 1 Introduction Cryptocurrency, the digital currency system that enables global monetary transactions between two parties without the need for a trusted third party financial institution, has

More information

whitepaper Abstract Introduction Features Special Functionality Roles in DiQi network Application / Use cases Conclusion

whitepaper Abstract Introduction Features Special Functionality Roles in DiQi network Application / Use cases Conclusion whitepaper Abstract Introduction Features Special Functionality Roles in DiQi network Application / Use cases Conclusion Abstract DiQi (pronounced Dee Chi) is a decentralized platform for smart property.

More information

Blockchain & The Hollywood Supply Chain

Blockchain & The Hollywood Supply Chain HITS: Fall 2017 - Innovation & Technology: Hollywood 2025 October 23, 2017 October 18, 2017 2:50 3:10 PM Skirball Cultural Center Los Angeles, CA Blockchain & The Hollywood Supply Chain Steve Wong DXC

More information

Alexandros Fragkiadakis, FORTH-ICS, Greece

Alexandros Fragkiadakis, FORTH-ICS, Greece Alexandros Fragkiadakis, FORTH-ICS, Greece Outline Trust management and trust computation Blockchain technology and its characteristics Blockchain use-cases for IoT Smart contracts Blockchain challenges

More information

Uses of Blockchain in Supply Chain Traceability

Uses of Blockchain in Supply Chain Traceability Uses of Blockchain in Supply Chain Traceability Marek Laskowski and Henry Kim Schulich School of Business, York University http://blockchain.lab.yorku.ca 1 Agenda Cryptographic Foundations Blockchain (what

More information

Blockchain: The Foundational Technology Behind Cryptocurrencies. Dr. Zach Steelman Assistant Professor Information Systems Department

Blockchain: The Foundational Technology Behind Cryptocurrencies. Dr. Zach Steelman Assistant Professor Information Systems Department Blockchain: The Foundational Technology Behind Cryptocurrencies Dr. Zach Steelman Assistant Professor Information Systems Department Healthcare Financial Management Association Conference Friday, August

More information

Transportation & Logistics Blockchain 101. Definitions, Applications, Use Cases

Transportation & Logistics Blockchain 101. Definitions, Applications, Use Cases Transportation & Logistics Blockchain 101 Definitions, Applications, Use Cases Presenters George Abernathy Chief Revenue Officer, FreightWaves & BiTA FreightWaves is the number one media source on the

More information

The Abjcoin white paper Nigeria s blockchain solution for global payment

The Abjcoin white paper Nigeria s blockchain solution for global payment 1 ABJ COIN THE FIRST NIGERIAN BLOCKCHAIN SOLUTION FOR GLOBAL PAYMENT WHITE PAPER LAST UPDATED 7/09/2017. 2 ABSTRACT Welcome to the white paper contract of Nigeria s first cryptocurrency, this contract

More information

Investing in the Blockchain Ecosystem

Investing in the Blockchain Ecosystem Introduction When investors hear the term Blockchain, most probably think of cryptocurrencies (which are digital currencies, operated independently from a central bank), with Bitcoin being the most well-known.

More information

Andrés Araya Falcone Gerente de Tecnologia Bolsa de Comercio de Santiago, Chile

Andrés Araya Falcone Gerente de Tecnologia Bolsa de Comercio de Santiago, Chile Andrés Araya Falcone Gerente de Tecnologia Bolsa de Comercio de Santiago, Chile Rajiv Chodhari Vice President, Financial Markets & Wealth Management IBM, Estados Unidos the thing that's driving bitcoin

More information

Introduction to Blockchains. John Kelsey, NIST

Introduction to Blockchains. John Kelsey, NIST Introduction to Blockchains John Kelsey, NIST Overview Prologue: A chess-by-mail analogy What problem does a blockchain solve? How do they work? Hash chains Deciding what blocks are valid on the chain

More information

Bitcoin & Blockchains. Landscape & Future Directions Jeremy Clark

Bitcoin & Blockchains. Landscape & Future Directions Jeremy Clark Bitcoin & Blockchains Landscape & Future Directions Jeremy Clark Jeremy Clark Assistant Professor at the Concordia Institute for Information Systems Engineering (CIISE) in Montreal PhD from the University

More information

THE BLOCKCHAIN DISRUPTION. INSIGHT REPORT on Blockchain prepared by The Burnie Group

THE BLOCKCHAIN DISRUPTION. INSIGHT REPORT on Blockchain prepared by The Burnie Group THE BLOCKCHAIN DISRUPTION INSIGHT REPORT on Blockchain prepared by The Burnie Group NOVEMBER 2017 BUILDING VALUE Business networks create value. The efficiency of business networks is a function of the

More information

DeMarche Putting Research To Work Page 1

DeMarche Putting Research To Work Page 1 DeMarche Putting Research To Work Page 1 www.demarche.com (913) 384-4994 Cryptocurrency and the Institutional Investor DeMarche Putting Research To Work Page 2 Mark Andes Consultant & Manager of Alternatives

More information

Introduction to Distributed Ledgers and Blockchain

Introduction to Distributed Ledgers and Blockchain Introduction to Distributed Ledgers and Blockchain Shared Ledgers Single shared ledger with a centralized system/function Existing today Single distributed ledger with no single point of failure shared

More information

Journal of Multistate Taxation and Incentives (Thomson Reuters/Tax & Accounting) Volume 28, Number 4, July 2018

Journal of Multistate Taxation and Incentives (Thomson Reuters/Tax & Accounting) Volume 28, Number 4, July 2018 Journal of Multistate Taxation and Incentives (Thomson Reuters/Tax & Accounting) Volume 28, Number 4, July 2018 SHOP TALK Blockchain & Cryptocurrency Two Roads Converge By JUSTIN E. HOBSON JUSTIN E. HOBSON

More information

Understanding Cryptocurrency (updated May 2018) Ari Paul CIO, Managing Partner BlockTower Capital

Understanding Cryptocurrency (updated May 2018) Ari Paul CIO, Managing Partner BlockTower Capital Understanding Cryptocurrency (updated May 2018) Ari Paul CIO, Managing Partner BlockTower Capital 1 What is cryptocurrency? Cryptocurrency is at the intersection of game theory, cryptography, computer

More information

What You Need to Know About Insuretech/Blockchain

What You Need to Know About Insuretech/Blockchain What You Need to Know About Insuretech/Blockchain Brian T. Casey, Esq. Partner, Co-Chair Regulatory & Transactions Insurance Practice Group 2017 Locke Lord LLP / Brian T. Casey CCIA Delta 2017 Conference,

More information

IEW. OINT OF NOTHER ROM BLOCKCHAIN 101 // EXECUTIVE DECK. Marcelo T. de Alvear 405 Oficina # 9 Ciudad de Buenos Aires Argentina

IEW. OINT OF NOTHER ROM BLOCKCHAIN 101 // EXECUTIVE DECK. Marcelo T. de Alvear 405 Oficina # 9 Ciudad de Buenos Aires Argentina // Marcelo T. de Alvear 405 Oficina # 9 Ciudad de Buenos Aires Argentina // T + 54 11 5352 1259 hi @ atixlabs.com // www.atixlabs.com ROM NOTHER OINT OF IEW. BLOCKCHAIN 101 // EXECUTIVE DECK > IT S NOT

More information

Blockchain Technology. State Legislative Update July 2018

Blockchain Technology. State Legislative Update July 2018 Blockchain Technology State Legislative Update July 2018 Contents Summary... 3 Governmental Attention... 3 Key Blockchain Technology Definitions... 5 Distributed Ledger : The recording mechanism of a transaction...

More information

Blockchain and the possible impact on testing. New technology needs new testing?

Blockchain and the possible impact on testing. New technology needs new testing? Specialisten in vooruitgang Blockchain and the possible impact on testing. New technology needs new testing? Jeroen Rosink TestCon Vilnius October 18 th 2018 Software testen Business Process Transformation

More information

MMF VIEWPOINT 6TH EDITION, Spring 2016

MMF VIEWPOINT 6TH EDITION, Spring 2016 MMF VIEWPOINT 6TH EDITION, Spring 2016 A Message from the Director The financial sector is undergoing what may end up being its largest transition in recent memory. In addition to the changes in regulation,

More information

BSafe.network. 25/07/2559 Informal Thai Crypto Blockchain Workshop THNIC.

BSafe.network. 25/07/2559 Informal Thai Crypto Blockchain Workshop THNIC. BSafe.network 25/07/2559 Informal Thai Crypto Blockchain Workshop THNIC pindar.wong@gmail.com Objectives: Starting with Questions! Technical Discussion (Bitcoin and Ethereum Protocols) 1) Identifying 3

More information

IS BLOCKCHAIN THE FUTURE OF REAL ESTATE? DENITZA TYUFEKCHIEVA

IS BLOCKCHAIN THE FUTURE OF REAL ESTATE? DENITZA TYUFEKCHIEVA IS BLOCKCHAIN THE FUTURE OF REAL ESTATE? DENITZA TYUFEKCHIEVA WHAT S BLOCKCHAIN? DISTRIBUTED LEDGER TECHNOLOGY DECENTRALIZED - NOT DEPENDANT ON ONE SINGLE ENTITY CREATES A RECORD THAT CANNOT BE CHANGED

More information

Version 1.0. The Blockchain An architectural view

Version 1.0. The Blockchain An architectural view Version 1.0 The Blockchain An architectural view Version 1.0 TOC 1. Introduction of Presenters 5. Equilibrium of the blockchain ecosystem 2. Origins of the blockchain 6. Types of blockchains 3. Basic Principles

More information

WhoWeAre. Titan Trade Club is a decentralized club that promotes education for success of members in trade and mining cryptocurrencies

WhoWeAre. Titan Trade Club is a decentralized club that promotes education for success of members in trade and mining cryptocurrencies WhoWeAre Titan Trade Club is a decentralized club that promotes education for success of members in trade and mining cryptocurrencies Empowered members endeavor to reach new financial and personal goals,

More information

Practical Blockchain: Navigating Through The Hall of Mirrors. Sandy Carielli Director of Security Technologies Entrust Datacard

Practical Blockchain: Navigating Through The Hall of Mirrors. Sandy Carielli Director of Security Technologies Entrust Datacard Practical Blockchain: Navigating Through The Hall of Mirrors Sandy Carielli Director of Security Technologies Entrust Datacard Quick Survey QUICK SURVEY "Blockchain In Banking: Success Depends On Technology

More information

Introduction. No Offer

Introduction. No Offer Introduction The use of this website is governed by this disclaimer. By agreeing to view this website or use any material or information contained therein, you are accepting the terms set out in this disclaimer,

More information

The Blockchain Technology

The Blockchain Technology The Blockchain Technology Mooly Sagiv Tel Aviv University http://www.cs.tau.ac.il/~msagiv/courses/blockchain.html msagiv@acm.org Advisory Board Shelly Grossman Noam Rinetzky Ittai Abraham Guy Golan-Gueta

More information

Cryptocurrencies (Session I) Computer Science and Law

Cryptocurrencies (Session I) Computer Science and Law Cryptocurrencies (Session I) Computer Science and Law Outline Part 1 SoK: Research Perspectives and Challenges for Bitcoin and Cryptocurrencies Part 2 Advancing a Framework for Regulating Cryptocurrency

More information

Blockchain Technology and Applications. Course Code Course Title Credits (ECTS) Department Semester Prerequisites

Blockchain Technology and Applications. Course Code Course Title Credits (ECTS) Department Semester Prerequisites Blockchain Technology and Applications Course Code Course Title Credits (ECTS) DFIN-524 Blockchain Technology and Applications 10 Department Semester Prerequisites School of Business Fall/Spring/Summer

More information

Blockchain Demystified

Blockchain Demystified Blockchain Demystified DR THEODOSIS MOUROUZIS (CIIM, UCL CBT, CYPRUS BLOCKCHAIN TECHNOLOGIES) Cyprus Blockchain Technologies Centre The Cyprus Blockchain Technologies Ltd. is a non-profit organization

More information

White Paper. Bizanc Blockchain

White Paper. Bizanc Blockchain White Paper Versão 0.0.1 Bizanc Blockchain 1.0 Summary Bizanc is a decentralized platform for commercialization of digital assets, operating on a Blockchain architecture, allowing trading of cryptocurrencies

More information

Blockchains. Overview. Wedding. 1. Trend: Centralized to Decentralized

Blockchains. Overview. Wedding. 1. Trend: Centralized to Decentralized Blockchains Overview 1. Trend: Centralized to Decentralized Raj Jain Washington University in Saint Louis Saint Louis, MO 63130 Jain@wustl.edu Audio/Video recordings of this lecture are available at: 2.

More information

Blockchain made Simple

Blockchain made Simple Blockchain made Simple Rhonda Okamoto, Blockchain & Cryptocurrency Enthusiast rhondaokamoto@gmail.com 609-433-1442 What is Blockchain? When and Where is Blockchain useful? What is the difference between

More information

IBS-03 Blockchain & Cryptography Syllabus

IBS-03 Blockchain & Cryptography Syllabus UEN: 201801117M (Incorporated in the Republic of Singapore) IBS-03 Blockchain & Cryptography Syllabus About Institute Institute of Blockchain (Singapore), UEN: 201801117M) was founded on Jan 2018. We are

More information

The Blockchain Trevor Hyde

The Blockchain Trevor Hyde The Blockchain Trevor Hyde Bitcoin I Bitcoin is a cryptocurrency introduced in 2009 by the mysterious Satoshi Nakomoto. I Satoshi Nakomoto has never been publicly identified. Bitcoin Over the past year

More information

The Blockchain: What It is & Why It Matters to Us

The Blockchain: What It is & Why It Matters to Us The Blockchain: What It is & Why It Matters to Us Douglas C. Schmidt & Abhishek Dubey Vanderbilt University This work has been funded in part by Siemens, Varian, & Accenture Overview of the Presentation

More information

Blockchain 101 for Healthcare Session 145 March 7, 2018, 11:30 a.m.

Blockchain 101 for Healthcare Session 145 March 7, 2018, 11:30 a.m. Blockchain 101 for Healthcare Session 145 March 7, 2018, 11:30 a.m. Brian Behlendorf, Executive Director of Hyperledger at The Linux Foundation Corey Todaro, Chief Operating Officer at Hashed Health 1

More information

Blockchain: Potential Impact on Shipping and Logistics K. Blythe Daly, New York April 11, 2018

Blockchain: Potential Impact on Shipping and Logistics K. Blythe Daly, New York April 11, 2018 Blockchain: Potential Impact on Shipping and Logistics K. Blythe Daly, New York April 11, 2018 Copyright 2018 Holland & Knight LLP. All Rights Reserved Blockchain in the News Maersk, IBM Blockchain JV

More information

BLOCKCHAIN IN PRACTICE

BLOCKCHAIN IN PRACTICE BLOCKCHAIN IN PRACTICE Matthew Van Niekerk Cassandre Vandeputte www.bestppt.com 1 THE BIG BLACK BOX OF BLOCKS? We always overestimate the change that will occur in the next 2 years and underestimate the

More information

IBS-01 Blockchain & Cryptocurrency Primer Syllabus

IBS-01 Blockchain & Cryptocurrency Primer Syllabus UEN: 201801117M (Incorporated in the Republic of Singapore) IBS-01 Blockchain & Cryptocurrency Primer Syllabus About Institute Institute of Blockchain (Singapore), UEN: 201801117M) was founded on Jan 2018.

More information

Uniting Capital with Purpose. Unlock Blockchain

Uniting Capital with Purpose. Unlock Blockchain Uniting Capital with Purpose 2018 Current and Future State of Cryptocurrencies January 2018 By Muhammed Taha Yesilhark Founder & CIO of Q2Q Capital Would you say you have basic understanding of what Blockchain

More information

Decrypting Blockchain Technology: Basic Concepts & Legal Issues

Decrypting Blockchain Technology: Basic Concepts & Legal Issues Decrypting Blockchain Technology: Basic Concepts & Legal Issues The blockchain is a global spreadsheet -- an incorruptible digital ledger of economic transactions that can be programmed to record not just

More information

Deloitte EMEA Blockchain Lab Blockchain Fundamentals 28 th September 2017

Deloitte EMEA Blockchain Lab Blockchain Fundamentals 28 th September 2017 Deloitte EMEA Blockchain Lab Blockchain Fundamentals 8 th September 017 1 Blockchain 101 & Blockchain Trends Blockchain & Energy Deloitte EMEA Blockchain Lab 017 Deloitte A decentralized, distributed ledger

More information

Course Objectives After completing this course, students will be able to:

Course Objectives After completing this course, students will be able to: General Course Information: TA 319 Spring 2015 Federal Tax Procedure Instructor Information Kirk Paxson, Esq., J.D., LL.M. (Tax) Core Adjunct Professor, School of Taxation, Southern California Office Address:

More information

Blockchain and Risk ISACA Northern UK, April 20 th, Mike Small CEng, FBCS, CITP Senior Analyst Kuppinger Cole

Blockchain and Risk ISACA Northern UK, April 20 th, Mike Small CEng, FBCS, CITP Senior Analyst Kuppinger Cole Blockchain and Risk ISACA Northern UK, April 20 th, 2016 Mike Small CEng, FBCS, CITP Senior Analyst Kuppinger Cole Mike.Small@kuppingercole.com Agenda Mike Small KuppingerCole Trust and Integrity The Bitcoin

More information

Private Wealth Management. Understanding Blockchain as a Potential Disruptor

Private Wealth Management. Understanding Blockchain as a Potential Disruptor Private Wealth Management Understanding Blockchain as a Potential Disruptor 2 Blockchain and Cryptocurrency The interest in blockchain stems from the idea that its development is comparable to the early

More information

Introduction to Blockchain Rick McMullin, bitheads, inc.

Introduction to Blockchain Rick McMullin, bitheads, inc. Introduction to Blockchain Rick McMullin, bitheads, inc. mcmullin@bitheads.com What we will cover What is blockchain? History and examples of a few blockchains The crypto craze Why use a blockchain? What

More information

Blockchain and the Maritime Industry

Blockchain and the Maritime Industry MARCH 2018 Blockchain and the Maritime Industry An introduction We will look at A review of the current transactional ecosystem The blockchain concept Smart contracts Q&A Current Shipping Transactional

More information

The Rise of Blockchain

The Rise of Blockchain The Rise of Blockchain I n November 2008, a white paper was posted on the internet under the name Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Cash System. The white paper outlined the concept

More information

BLOCKCHAIN: SOCIAL INNOVATION IN FINANCE & ACCOUNTING

BLOCKCHAIN: SOCIAL INNOVATION IN FINANCE & ACCOUNTING International Journal of Management (IJM) Volume 10, Issue 1, January-February 2019, pp. 14-18, Article ID: IJM_10_01_003 Available online at http://www.iaeme.com/ijm/issues.asp?jtype=ijm&vtype=10&itype=1

More information

Proof of work and Proof of stake explanation

Proof of work and Proof of stake explanation Bitspace White paper is a living document. We are constantly upgrading our white paper to answer all your questions and provide all information you could possibly need in understanding Bitspace ecosystem

More information

Blockchain solution for Health Insurance Claims and Patient Health Records

Blockchain solution for Health Insurance Claims and Patient Health Records Blockchain solution for Health Insurance Claims and Patient Health Records 25.02.2018 Naga Siva Srinivas Kotamarthi, CFA; Raghu Raaj, Mrinal Sinha Arthashastra 1 Overview This document analyzes the Health

More information

4/19/2017 BLOCKCHAINS PRACTICES IN THE BRAVE NEW WORLD. BLOCKCHAIN AND ACCOUNTANCY: A Smart Combination? Martijn Siebrand. Agenda.

4/19/2017 BLOCKCHAINS PRACTICES IN THE BRAVE NEW WORLD. BLOCKCHAIN AND ACCOUNTANCY: A Smart Combination? Martijn Siebrand. Agenda. BLOCKCHAINS PRACTICES IN THE BRAVE NEW WORLD BLOCKCHAIN AND ACCOUNTANCY: A Smart Combination? Martijn Siebrand Agenda Introduction Fintech-Blockchain focus Aim of the session: Accountancy To inform Innovation

More information

DEMYSTIFYING BLOCKCHAIN: FROM CRYPTOCURRENCY TO SMART CONTRACTS

DEMYSTIFYING BLOCKCHAIN: FROM CRYPTOCURRENCY TO SMART CONTRACTS DEMYSTIFYING BLOCKCHAIN: FROM CRYPTOCURRENCY TO SMART CONTRACTS 1. DEMYSTIFYING BLOCKCHAIN Blockchain is an emerging technology that promises to revolutionize digital transactions. However, blockchain

More information

Making Blockchain Real for Business Explained. V3.7, 27 October 16

Making Blockchain Real for Business Explained. V3.7, 27 October 16 Making Blockchain Real for Business Explained V3.7, 27 October 16 Page 1 Contents is Blockchain? is it relevant for our business? can IBM help us apply Blockchain? Page 2 Business networks, wealth & markets

More information

WHO NEEDS THE BLOCKCHAIN AND WHY? (OR WHY NOT) David V. Croft

WHO NEEDS THE BLOCKCHAIN AND WHY? (OR WHY NOT) David V. Croft WHO NEEDS THE BLOCKCHAIN AND WHY? (OR WHY NOT) David V. Croft 1 INTRODUCTION Concepts: Blockchain History Cryptocurrency Smart contracts Mining Industry use: Securities and ICO s KYC/AML Real Estate IOT

More information

Changing Data Protection: Heading towards a Blockchain-Operated Future

Changing Data Protection: Heading towards a Blockchain-Operated Future SESSION ID: SDS-R02 Changing Data Protection: Heading towards a Blockchain-Operated Future Eugene Aseev Head of Singapore R&D Centre Acronis @toxzique Agenda Blockchain yesterday Background Blockchain

More information

Surface Web/Deep Web/Dark Web

Surface Web/Deep Web/Dark Web Cryptocurrency Surface Web/Deep Web/Dark Web How to Get Data? Where Hacking, Cyber Fraud, and Money Laundering Intersect How to Pay? Digital Currency What is Bitcoin? https://youtu.be/aemv9ukpazg Bitcoin

More information

How Blockchain Will Change the Way You Develop Medical Devices

How Blockchain Will Change the Way You Develop Medical Devices How Blockchain Will Change the Way You Develop Medical Devices Presented on April 5 2018, by Jad Mubaslat, Founder of BitQuick Jad Mubaslat: Let's forget about how many of you have invested in Bitcoin.

More information

MAVRO Token ( MVR ) Sale Token Sale Agreement

MAVRO Token ( MVR ) Sale Token Sale Agreement MAVRO Token ( MVR ) Sale Token Sale Agreement Last Update: 19.12.2017 This Token Sale Agreement (the TSA ) shall be entered into by and between MAVRO, which expression shall, unless it be repugnant to

More information

Blockchain Series Part 1 of 4:

Blockchain Series Part 1 of 4: Blockchain Series Part 1 of 4: Blockchain 101 It s Not Just Cryptocurrency #HASHTAG SPEAKERS Glynna Christian Partner, Co-Head Global Tech Transactions Orrick Michaela Ross Tech & Telecom Reporter Bloomberg

More information

Worldopoly Token (WPT) Sale TOKEN SALE AGREEMENT

Worldopoly Token (WPT) Sale TOKEN SALE AGREEMENT Worldopoly Token (WPT) Sale TOKEN SALE AGREEMENT Date of creation: 28 February 2018 3:18 PM PREAMBLE This Token Sale Agreement (the TSA ) shall be entered into by dotcom Ventures Holding AG which expression

More information

Blockchain: What is it all about?

Blockchain: What is it all about? Blockchain: What is it all about? David Lee Professor, Singapore University of Social Sciences, sussblockchain.com Co-Founder of BlockAsset, BlockAsset.io Co-Founder of Left Coast Linkedin: https://www.linkedin.com/home?trk=nav_responsive_tab_home

More information

LEADING THE WAY GLOBAL SPECIALIST RISK ADVISER & BROKER JLT SOUTH AFRICA #SAAFF2018

LEADING THE WAY GLOBAL SPECIALIST RISK ADVISER & BROKER JLT SOUTH AFRICA   #SAAFF2018 LEADING THE WAY GLOBAL SPECIALIST RISK ADVISER & BROKER JLT SOUTH AFRICA www.za.jlt.com #SAAFF2018 Demystifying Blockchain & its Impact on the Supply Chain Louise Wiggett August 2018 Blockchain The Start

More information

Cryptocurrency and Blockchain Technology

Cryptocurrency and Blockchain Technology Cryptocurrency and Blockchain Technology Mohammad Sayad Haghighi, PhD, SMIEEE Assistant Professor sayad@ut.ac.ir University of Tehran, Iran 1 How did it start? We had Hash Chains in cryptography before.

More information