• 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. 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 d...

    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
  • 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
  • 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 As A Monetary System - DASH School By Amanda

    Please subscribe: https://www.youtube.com/channel/UC8qqbWsPPH0S8AgynLQm8Sw You now understand the basics of a blockchain and how it functions -- now what does that have to do with the money? What is this business about blockchain networks being able to natively offer both currency and payments? Amanda B. Johnson explains in episode three of Dash School. Music: “Compass” by Kubbi http://youtube.com/watch?v=dDGFWJ1hAow Get social & learn more: Slack invitation link: http://dashchat.co Subreddit: http://reddit.com/r/dashpay Forum: http://dash.org/forum Homepage: http://dash.org Dash official Twitter: http://twitter.com/dashpay RELATED: Blockchain for Beginners - https://youtu.be/i9nUMvpT2rM How to get people to care about security - https://youtu.be/Ji1lS9NMz1E Welcome to TrustNet - htt...

    published: 27 Apr 2017
  • 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
  • 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
  • Blockchain - A short introduction

    What is the Blockchain? This 2 minute video explains it in a very easy way. As usual, please leave you questions and ideas in the comments. with love your MinuteVideos Team Video Script: Scene 1 Blockchain is a Peer to Peer software technology that protects the integrity of a digital piece of information. It was invented to create the alternative currency Bitcoin but may be used for other cryptocurrencies, online signature services, voting systems and many other applications. In this video we explain how it works and what makes it special. Scene 2 Everyone uses paper money. When you get a 10 dollar bill you trust that it's not fake. If instead someone sent you an email saying "here's 10 dollars" you probably wouldn’t trust it. But when we "transfer money", use an ATM or pay with...

    published: 29 Apr 2016
  • 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
  • Borderless Blockchain Election System

    Imagine if elections were completely transparent and auditable by every citizen. http://polls.borderless.tech

    published: 31 Oct 2016
  • IBM talks Blockchain at InterConnect 2016

    At IBM InterConnect 2016, Kathryn Guarini, Vice President, Offering Management for z Systems and LinuxONE, discusses the idea of cross-industry solutions, of which Blockchain is one. Blockchain is seen as the main technological innovation of Bitcoin, since it stands as proof of all the transactions on the network. A block is the 'current' part of a Blockchain which records some or all of the recent transactions, and once completed goes into the Blockchain as permanent database. Ms. Guarini introduces Donna Dillenberger, IBM Fellow, who talks about Blockchain and its impact on various industries including financial technology . Ms. Dillenberger explains why you would want to run Blockchain on IBM z Systems. For more information about IBM z Systems and Blockchain visit IBM on the web at...

    published: 05 Apr 2016
  • What is Blockchain? | CNBC Explains

    Blockchain is a global online database that anyone with an internet connection can use, but it doesn't belong to anyone. CNBC's Tom Chitty explains. ----- Subscribe to CNBC International: http://bit.ly/1eiWsDq Like our Facebook page https://www.facebook.com/cnbcinternational Follow us on Instagram @cnbcinternational Follow us on Twitter https://twitter.com/CNBCi Subscribe to our WeChat broadcast CNBC_international

    published: 31 Mar 2017
  • Blockchain Demo with IBM z Systems

    IBM Fellow Donna Dillenberger explains the power of blockchain via a Trading Financial Services Demo.This demonstration takes an existing financial trading business process and shows how it can be greatly improved using IBM Blockchain running on and leveraging unique capabilities of IBM z Systems. To learn more about IBM z Systems and Blockchain, please visit IBM on the web at http://www.ibm.com/blockchain/z.html

    published: 16 Feb 2016
  • Future Bank Today | Episode 4: BlockChain - Explain it like I am 5

    Website of all VideoBlog posts: FutureBankToday.net Please leave comments on: FutureBankToday.net

    published: 21 Mar 2016
  • Bettina Warburg: How the blockchain will radically transform the economy

    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.

    published: 15 Nov 2016
  • The real value of bitcoin and crypto currency technology - The Blockchain explained

    Bitcoin in five minutes: Blockchain technology will drastically change our lives. In the coming years, the technology behind crypto currencies such as Bitcoin will inevitably and radically change the role of traditional trusted parties such as banks, accountants, notaries, and governments. The animated video about Bitcoin that was released today on http://bitcoinproperly.org is the first to specifically address the technology behind Bitcoin: the Blockchain. Within five minutes, it is explained how the essential functions of the “trusted third party” can be automatized through the Blockchain as well as what the implications of this are. From Bitcoin hype to Blockchain revolution: an internet of trust. With the arrival of crypto currencies such as Bitcoin, everyone around the world can tra...

    published: 14 Oct 2014
The Bitcoin and Blockchain Technology Explained

The Bitcoin and Blockchain Technology Explained

  • Order:
  • Duration: 6:16
  • Updated: 23 Jun 2015
  • views: 103477
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. 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/ ------------------------------------------------------------------- Gostou do vídeo? ------------------------------------------------------------------- Gostou do vídeo, dê o seu "joinha”, clicando em “Marcar como “Gostei”. Inscreva-se em nosso canal, acompanhe nossas publicações e interaja com a comunidade Bitcoin no Brasil. Deixe seus comentários, dúvidas ou sugestões. Considere fazer uma pequena doação Bitcoin para este endereço: 18e9RuVTqM2eKaQv1Xs8SpoS6DGeASyfrg afim de ajudar na manutenção deste canal. ------------------------------------------------------------------- Deseja saber mais sobre Bitcoin? ------------------------------------------------------------------- Para saber mais sobre Bitcoin acesse: http://bestbitcoin.com.br Curta nossa fanpage: https://facebook.com/BestBitcoin Siga-nos no Twitter: https://twitter.com/BestBitcoins Inscreva-se em nosso Reddit: http://www.reddit.com/r/BestBitcoin/ Compre seu primeiro Bitcoin: http://bitly.com/BuyBitcoinNow Bleutrade Cryptocurrency Exchange: https://bleutrade.com ------------------------------------------------------------------- Créditos ------------------------------------------------------------------- http://www.bitcoinproperly.org/
https://wn.com/The_Bitcoin_And_Blockchain_Technology_Explained
Block chain technology

Block chain technology

  • Order:
  • Duration: 5:15
  • Updated: 19 Jan 2016
  • views: 62383
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
The Bitcoin Blockchain Explained

The Bitcoin Blockchain Explained

  • Order:
  • Duration: 3:41
  • Updated: 06 Jul 2016
  • views: 17658
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
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: 138621
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 As A Monetary System - DASH School By Amanda

Blockchain As A Monetary System - DASH School By Amanda

  • Order:
  • Duration: 7:42
  • Updated: 27 Apr 2017
  • views: 19
videos
Please subscribe: https://www.youtube.com/channel/UC8qqbWsPPH0S8AgynLQm8Sw You now understand the basics of a blockchain and how it functions -- now what does that have to do with the money? What is this business about blockchain networks being able to natively offer both currency and payments? Amanda B. Johnson explains in episode three of Dash School. Music: “Compass” by Kubbi http://youtube.com/watch?v=dDGFWJ1hAow Get social & learn more: Slack invitation link: http://dashchat.co Subreddit: http://reddit.com/r/dashpay Forum: http://dash.org/forum Homepage: http://dash.org Dash official Twitter: http://twitter.com/dashpay RELATED: Blockchain for Beginners - https://youtu.be/i9nUMvpT2rM How to get people to care about security - https://youtu.be/Ji1lS9NMz1E Welcome to TrustNet - https://youtu.be/Rrj8sjHJthU Hardware, Software, Trustware - https://youtu.be/Etyjc1JdmFU Initial coin offerings (ICOs) - https://youtu.be/Q5R8KuxV4A0 What are the most exciting recent developments? - https://youtu.be/bCG5og_LwZY Trust, promise of value, and intrinsic utility - https://youtu.be/Cxc9ybot9oM The oxymoron of national blockchains - https://youtu.be/qSIBFBq9tRs Private chains misunderstand the fundamental value of blockchains - https://youtu.be/haKVaGHKQJM #bitcoin #btc #blockchain #tech #currency #crypto #eth #etherium #GCC #monero #trading #dash #digitalcash
https://wn.com/Blockchain_As_A_Monetary_System_Dash_School_By_Amanda
IBM Think Academy: Blockchain, How it works

IBM Think Academy: Blockchain, How it works

  • Order:
  • Duration: 3:35
  • Updated: 23 Sep 2016
  • views: 27599
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
Impact of Blockchain/Distributed Ledger on Financial Services and Payment Systems

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

  • Order:
  • Duration: 1:42:09
  • Updated: 15 Jan 2016
  • views: 4250
videos
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
Blockchain - A short introduction

Blockchain - A short introduction

  • Order:
  • Duration: 2:08
  • Updated: 29 Apr 2016
  • views: 29455
videos
What is the Blockchain? This 2 minute video explains it in a very easy way. As usual, please leave you questions and ideas in the comments. with love your MinuteVideos Team Video Script: Scene 1 Blockchain is a Peer to Peer software technology that protects the integrity of a digital piece of information. It was invented to create the alternative currency Bitcoin but may be used for other cryptocurrencies, online signature services, voting systems and many other applications. In this video we explain how it works and what makes it special. Scene 2 Everyone uses paper money. When you get a 10 dollar bill you trust that it's not fake. If instead someone sent you an email saying "here's 10 dollars" you probably wouldn’t trust it. But when we "transfer money", use an ATM or pay with a deposit card that's pretty much exactly what we do. We're sending money in a digital message. Scene 3 To make sure no one's cheating or sending money they don't have, these “messages” go through a few trusted banks that keep a record of everything. They know how much money everyone has and deduct it properly for every transaction. Scene 4 But this becomes expensive when there’s a million transactions around the world every minute. The Economist estimates that banks charged us more than 1.7 trillion dollars to process these payments in 2014. That’s about 2% of the entire world economy! With blockchain we can save a lot of this cost because it lets us send money just like sending an email. Scene 5 Instead of sending a lot of payment information through a few servers, blockchain uses thousands of personal computers on the internet. All transactions are copied and cross checked between every computer in a system wide accounting book called the ledger, which becomes very safe at scale. Scene 6 Blockchain doesn’t just allow us to create safe money online, it lets us protect any piece of digital information. This could be online Identity cards, voter ballots, contracts and many other “legal instruments”, bringing bureaucracy into the 21st century.
https://wn.com/Blockchain_A_Short_Introduction
Blockchain Technology Explained: What is a Blockchain?

Blockchain Technology Explained: What is a Blockchain?

  • Order:
  • Duration: 4:01
  • Updated: 12 Mar 2017
  • views: 63
videos
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
Borderless Blockchain Election System

Borderless Blockchain Election System

  • Order:
  • Duration: 1:00
  • Updated: 31 Oct 2016
  • views: 366
videos
Imagine if elections were completely transparent and auditable by every citizen. http://polls.borderless.tech
https://wn.com/Borderless_Blockchain_Election_System
IBM talks Blockchain at InterConnect 2016

IBM talks Blockchain at InterConnect 2016

  • Order:
  • Duration: 10:55
  • Updated: 05 Apr 2016
  • views: 19912
videos
At IBM InterConnect 2016, Kathryn Guarini, Vice President, Offering Management for z Systems and LinuxONE, discusses the idea of cross-industry solutions, of which Blockchain is one. Blockchain is seen as the main technological innovation of Bitcoin, since it stands as proof of all the transactions on the network. A block is the 'current' part of a Blockchain which records some or all of the recent transactions, and once completed goes into the Blockchain as permanent database. Ms. Guarini introduces Donna Dillenberger, IBM Fellow, who talks about Blockchain and its impact on various industries including financial technology . Ms. Dillenberger explains why you would want to run Blockchain on IBM z Systems. For more information about IBM z Systems and Blockchain visit IBM on the web at http://www.ibm.com/blockchain/z.html
https://wn.com/Ibm_Talks_Blockchain_At_Interconnect_2016
What is Blockchain? | CNBC Explains

What is Blockchain? | CNBC Explains

  • Order:
  • Duration: 4:53
  • Updated: 31 Mar 2017
  • views: 89
videos
Blockchain is a global online database that anyone with an internet connection can use, but it doesn't belong to anyone. CNBC's Tom Chitty explains. ----- Subscribe to CNBC International: http://bit.ly/1eiWsDq Like our Facebook page https://www.facebook.com/cnbcinternational Follow us on Instagram @cnbcinternational Follow us on Twitter https://twitter.com/CNBCi Subscribe to our WeChat broadcast CNBC_international
https://wn.com/What_Is_Blockchain_|_Cnbc_Explains
Blockchain Demo with IBM z Systems

Blockchain Demo with IBM z Systems

  • Order:
  • Duration: 9:31
  • Updated: 16 Feb 2016
  • views: 10200
videos
IBM Fellow Donna Dillenberger explains the power of blockchain via a Trading Financial Services Demo.This demonstration takes an existing financial trading business process and shows how it can be greatly improved using IBM Blockchain running on and leveraging unique capabilities of IBM z Systems. To learn more about IBM z Systems and Blockchain, please visit IBM on the web at http://www.ibm.com/blockchain/z.html
https://wn.com/Blockchain_Demo_With_Ibm_Z_Systems
Future Bank Today | Episode 4: BlockChain - Explain it like I am 5

Future Bank Today | Episode 4: BlockChain - Explain it like I am 5

  • Order:
  • Duration: 9:39
  • Updated: 21 Mar 2016
  • views: 7914
videos
Website of all VideoBlog posts: FutureBankToday.net Please leave comments on: FutureBankToday.net
https://wn.com/Future_Bank_Today_|_Episode_4_Blockchain_Explain_It_Like_I_Am_5
Bettina Warburg: How the blockchain will radically transform the economy

Bettina Warburg: How the blockchain will radically transform the economy

  • Order:
  • Duration: 15:02
  • Updated: 15 Nov 2016
  • views: 15560
videos
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.
https://wn.com/Bettina_Warburg_How_The_Blockchain_Will_Radically_Transform_The_Economy
The real value of bitcoin and crypto currency technology - The Blockchain explained

The real value of bitcoin and crypto currency technology - The Blockchain explained

  • Order:
  • Duration: 6:16
  • Updated: 14 Oct 2014
  • views: 375941
videos
Bitcoin in five minutes: Blockchain technology will drastically change our lives. In the coming years, the technology behind crypto currencies such as Bitcoin will inevitably and radically change the role of traditional trusted parties such as banks, accountants, notaries, and governments. The animated video about Bitcoin that was released today on http://bitcoinproperly.org is the first to specifically address the technology behind Bitcoin: the Blockchain. Within five minutes, it is explained how the essential functions of the “trusted third party” can be automatized through the Blockchain as well as what the implications of this are. From Bitcoin hype to Blockchain revolution: an internet of trust. With the arrival of crypto currencies such as Bitcoin, everyone around the world can trade with each other without any involvement from traditional third parties such as banks, notaries, accountants, and governments. Trade is a fundamental pillar of our economy and society, and traditional trusted parties play a crucial role in this. The technology behind Bitcoin making all this possible – the Blockchain – ensures that the essential functions of the “trusted third party’, are fully automatized through the internet. This way, these functions are as freely available, accessible, and programmable as the internet itself. The animated video, available in both Dutch and English, explains how this works, also mentioning practical applications. The implications are clear: in the coming years, the role of the traditional trusted parties will inevitably and drastically change, strongly impacting our daily lives. The creators of this animated video invite its viewers to think about and discuss the fundamental and radical innovations made possible by crypto currencies. Rutger van Zuidam ecommerce entrepreneur and founder of IntoBitcoin.com: “The Netherlands have all the assets to become Europe’s Silicon Valley of financial technology. It is possible for the Netherlands to position itself favourably in comparison to the US and UK, who are currently still ahead. The technology behind crypto currencies like Bitcoin plays an essential role in leveraging these opportunities. We hope that the animated video about the technology behind crypto currencies will positively affect this development.” Lykle de Vries: ”Bitcoin is not the new money for internet,but it is the new internet for money, value and ownership in all forms. Crypto currencies like Bitcoin are the next step in the emancipation of all world citizens, and can help create a new dynamic for democracy, society and economy.” About the creators The animated video is a non-profit initiative by designers Patrick Loonstra (www.patrickloonstra.nl) and Sebas van den Brink (sebasvandenbrink.nl) and entrepreneurs Lykle de Vries (ThesisOne.com) and Rutger van Zuidam (Senanga.net, IntoBitcoin.com).
https://wn.com/The_Real_Value_Of_Bitcoin_And_Crypto_Currency_Technology_The_Blockchain_Explained
×