blockchain technology and financial analysis events/2018 nz... · monetary, financial and banking...
TRANSCRIPT
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Blockchain Technology and Financial Analysis
By Hadi
Daoud
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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
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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
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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
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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
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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
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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.
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~Charts~
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Gartner Hype Cycle
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In perspective
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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
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