Blockchain Technology and Financial Analysis

By Hadi

Daoud

About myself● Cryptocurrency and

blockchain enthusiast

● Have built small mining

system

● I trade cryptocurrencies

regularly

● High performance

computing and tech

enthusiast

● Very interested in economic

trends/cycles as well as

finance and stock market

Interests

● Charts - Allow you to visualise

cycles, Technical Analysis

● Trends - Allow you to understand

market functions (cause and

effect, Fundamental Analysis)

● Understanding projects I invest in

● Cryptocurrency mining

● Macroeconomic Cycles and

Trends

● Trading cryptocurrencies

What is blockchain and how does it work?“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed

to record not just financial transactions but virtually everything of value.”

What is Bitcoin?● Bitcoin was the first cryptocurrency

using distributed ledger technology

● Was initially created to solve the

problem of double spending (spending

the same digital token more than once)

● Solved this problem by creating the

blockchain, the first distributed ledger

● This later progressed to have much

greater uses

● Peer to peer, Decentralised, Non

inflationary and autonomous,

experimental distribution structure

Challenges that need to be overcome● Adoption - Whilst the crypto space is very popular amongst

traders and speculators, volatility is one of the reasons why

cryptocurrencies are not widely adopted for everyday use.

● Scalability - Ongoing debate on how to scale bitcoin, whilst

keeping it decentralised at the same time (block size etc)

● Forking - This can be controversial as forks can arguably

sometimes be healthy, but where do we draw the line?

● Theft - How to safely store important information and wealth

● Regulatory obstacles - Cryptocurrencies have and still do get

bad press around its use. HMW regulate this sector without

negatively affecting the function of crypto markets whilst

maintaining decentralisation

● ICO’s-The rise of initial coin offerings

Tackling issues - Innovative uses of distributed ledger technology and potential use cases

● Theft- Biometric blockchain technology, Plasma cash

www.haveibeenpwned.com

● Blockless distributed ledgers - Hashgraph, quantum tangles

● Privacy - Monero and Zcash

● Secure payment systems- More efficient mining algorithms

● Physically backed crypto asset/asset management - DGX

DAO (backed currencies also pose a problem)

● Distribution and Tracking of goods & Services

● Atomic Swaps

● Smart Contracts and governance

Potential Impacts on Industries

● Relatively low liquidity, only 1% adoption, which was the same rate of adoption as the internet in 1996

● Blockchain technology - effect on traditional

Monetary, financial and banking practices

● Cloud computing and storage - Ease of use,

flexibility, efficiency and speed to the customer

● Asset management - Utility of the blockchain,

tracking of products

● Decentralised fog computing, decentralised web

applications and many more potential use cases

and impacts such as media, advertising etc.

~Charts~

Gartner Hype Cycle

In perspective

Indicators

● RSI

● MACD, SMA

and EMA

● Parabolic SAR

● Trendlines

● Fibonacci

retracements

● Volume

Less is more! Think

logically and

DON’T trust your

gut!

Source: http://bit.ly/2FGovzY