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The Blockchain Revolution
Dutch National Bitcoin CongressAmsterdamJune 2015
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David G.W. BirchDirector of Innovation at Consult Hyperion
An internationally-recognised thought leader in digital identity and digital money;
Named one of the global top 15 favourite sources of business information (Wired magazine);
In the London FinTech top 3 most influential powerlist (City A.M.)
One of the top ten Twitter accounts followed by innovators, along with Bill Gates and Richard Branson (PR Daily);
One of the top ten most influential voices in banking (Financial Brand);
Named one of the "Fintech Titans" (NextBank);
Voted one of the European “Power 50” people in digital financial services (FinTech Awards);
Ranked Europe’s most influential commentator on emerging payments (Total Payments magazine).2
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“Smart” “contracts” and “property”
p.225 Smart contracts need not be limited to finance and when paired with "smart property" — where deeds, titles and other certifications of ownership are put in digital form to be acted on by software — these contracts allow the automatic transfer for ownership of a physical asset.
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Democratic deficit
Never mind voter ID, what about voter IQ?
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What do these examples mean?
Consent
Doesn’t work, and won’t work with a blockchain either
Provenance
A permanent record that could spawn value-added applications
Democracy
Transparency is more important than efficiency in some applications
Diligence
Smart “contracts” might make a difference
Gadgets
This could, just could, be a new industry16
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It’s a platform world
Rather than create a new blockchain for each new idea, we will eventually have blockchain platforms on which new ideas could be implemented in situ (Wood & Buchanan).
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Blockchain as platform for
Homomorphic encryption
Delivering paradoxical privacy and transparency
Publicly private records
Value-added applications that transform the mundane
Bottom-up identity
The real revolution
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Contact
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