Blockchain 101

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

The success of the digital currency Bitcoin is due in large part to its underlying architecture, the block chain. The block chain is distributed-ledger technology that enables payments and other transactions to be processed and stored in an entirely decentralized way—without banks or other intermediaries. The block chain’s distributed-ledger helps keep its content resistant to tampering and modification. This distributed architecture of the block chain helps eliminate the chances of having a single point of failure and makes it more robust against hacking. Giovanna will discuss what the future may hold for an internet augmented by the block chain – a block chain internet where nothing can be deleted or modified.

Giovanna has been practicing as intellectual property (IP) attorney specializing software patents for fifteen years. Giovanna dedicates a significant portion of her practice to advising businesses in technology and the creative economy. Her firm, Hamilton Brook Smith Reynolds, is an Intellectual Property boutique with offices in the Boston Seaport and Concord. In addition to expertise in intellectual property law (including patents, copyright, and trademark), Giovanna concentrated in computer science and art history in her undergraduate studies at Smith College. She has lived in Lenox, Massachusetts for nine years with her family. She spends her free time competing in triathlons as well as rowing, paddle boarding, and in the pottery studio.

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

 

A somewhat technical explanation of how Bitcoin works. Want more? Check out my new in-depth course on the latest in Bitcoin, Blockchain, and a survey of the most exciting projects coming out (Ethereum, etc):https://app.pluralsight.com/library/c…
Lots of demos on how to buy, send, store (hardware, paper wallet). how to use javascript to send bitcoin. How to create Ethereum Smart Contract, much more.

Shorter 5 min introduction: https://www.youtube.com/watch?v=t5JGQ…

 

Photo by btckeychain

Editorial Staff

Editorial Staff at SG Fintech is a team of Fintech enthusiasts.