the four pillars of blockchain technology (2017)

9
BY DERIN CAG Founder at Richtopia THE FOUR PILLARS OF BLOCKCHAIN TECHNOLOGY

Upload: derin-cag

Post on 07-Feb-2017

13.614 views

Category:

Technology


0 download

TRANSCRIPT

Page 1: The Four Pillars of Blockchain Technology (2017)

BY DERIN CAG

Founder at Richtopia

THE FOUR PILLARSOF BLOCKCHAINTECHNOLOGY

Page 2: The Four Pillars of Blockchain Technology (2017)

Copyright © 2017 Richtopia Ltd. All rights reserved.

Page 3: The Four Pillars of Blockchain Technology (2017)

COMPELLING SECURITY

Blockchain technology takes away the necessity for third­

parties and its decentralised nature would have major

benefits in conditions for enhancing trust. The Brookings

Institution has presupposed many scenarios where the

removal of the dependability on third parties could prove

highly valuable. Some other benefits associated with

security includes irreversibility, and automatic traceability.

Page 4: The Four Pillars of Blockchain Technology (2017)

COMPETITIVE FEES

Blockchain platforms are preserved by their users,

without the need for other parties, which radically

reduces lots of the fees associated with

transactions, hence resulting in lower transfer &

interaction fees

Page 5: The Four Pillars of Blockchain Technology (2017)

CONSISTENT TRANSPARENCY

Blockchain ledgers are open and could be looked at by any

person, so any system predicated on an open public

blockchain platform is very translucent; any person could

easily see trade­flows. Furthermore, the shutting down of

computers will not lead to loss of information. This means

a  higher degree of openness, transparency and

dependability

Page 6: The Four Pillars of Blockchain Technology (2017)

CONNECTED MACHINES

Integrating the digital and physical world: Blockchaintechnology offers a way of representing nearly every asset,

whether it be tangible or intangible. The ownership of those

assets can be distinctively identified at any time with no

chances of deception, making it very counterfeit resilient.

Page 7: The Four Pillars of Blockchain Technology (2017)

BLOCKCHAIN INFLUENCERS

Page 8: The Four Pillars of Blockchain Technology (2017)
Page 9: The Four Pillars of Blockchain Technology (2017)

ALLQUESTIONS

WELCOMEwww.DerinCag.com | Twitter: @DerinCag