blockchain money and decentralized networks · training overview objectives what is blockchain, why...

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BLOCKCHAIN Money and Decentralized Networks www.blockchaintrainingalliance.com © Copyright 2017 | All Right Reserved

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BLOCKCHAINMoney and Decentralized

Networksw w w . b l o c k c h a i n t r a i n i n g a l l i a n c e . c o m

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TRAINING OVERVIEW Objectives

What is blockchain, why is it important, what are use cases?

6 modules (30-45 min each + Q&A + break)

1. What is Blockchain

2. Money and Decentralized Networks

3. Blockchain Basics

4. Blockchain Transactions

5. Use Cases

6. Implementation

Materials, Certificate of Completion, Feedback

What is Money?

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Barter System

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Gold!!!

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Paper Money

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Checks

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PayPal / eWallets

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Bitcoin

Bitcoin is a digital, decentralized, disintermediated, trustlesscurrency

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Definitions

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Definitions

Fiat money is currency that a government has declared to be legal tender, but it is not backed by a physical commodity. The value of fiat money is derived from the relationship between supply and demand rather than the value of the material that the money is made of.

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Supply and Demand

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Factors that Impact Value

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Authorities

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Single (no consensus) Authority

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Single (no consensus) Authority

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Multiple (Flatter) Authorities

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Multiple (Flatter) Authorities

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No/ALL Authorities

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No/ALL Authorities

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Blockchain

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Blockchain is NOT Bitcoin

The first Blockchain is Bitcoin.Apps extend well-beyond cryptocurrencies.

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Transactions

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Advantages

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Timelines

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Players

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Players

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