the future of money?conference2018.monetative.de/wp-content/uploads/2018/12/...trusted &...
TRANSCRIPT
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The Future of Money?
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What is my
purpose?
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#1: The Internet of Things is not about Internet.
We need to settle M2M
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#2: We need a standardized protocol for value exchange
Micro token streaming
Micro energy streaming
Charging Station
Generating and
processing of
transactions
Generating and
processing of
transactions
● One standard,
frictionless means of
exchange for all
Machines
● Entry barriers will limit
the ecosystem and
create new isolated
clusters
● Different tokens for
different use cases
makes it impossible
for an ecosystem to
emerge
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● Trusted & Verifiable Identites lower the
entry barrier for doing business, but do not
fully eliminate trust problems.
● No identity solution exists today.
● Crypto-currencies enable direct value
transfer, and a trustless way of doing
business.
#3: No Digital Identites
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● Traditional ecosystems are owned by a single
entity, leading to discrimination, exclusion and
limitation of the innovation potential
● Permissionless Innovation gives everyone the
ability to innovate and participate
● Innovation Assumption: Nobody, even the
creator of a technology, is able to fully
understand its potential and the use cases
#4: Permissionless Innovation
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Crossing the Chasm
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Important Puzzle Pieces
Technology Governance Ecosystem
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The Tangle
The Tangle is a permissionless peer-to-peer networkbased on the open source distributed ledger protocol IOTA
Feeless, Scalable, Quantum-immune
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A Healthy Tangle
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Production Readiness & Standardization
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● Non-profit Foundation based and regulated in
Berlin, Germany
● Growth from 6 to 80+ full time employees
distributed across 17 countries
● $50m+ in funding
● Focused on Technical and Regulatory
Challenges of Crypto-Currencies & DLT
The IOTA Foundation
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IOTA Foundation Ecosystem
Our universe relies on a network of many collaborators – corporates, academics, governments, NGOs
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An Open Innovation Ecosystem
Organisations across sectors Across Smart industries
‣ Smart energy‣ Smart mobility ‣ Smart cities‣ Industry IoT‣ Smart Building‣ Global Trade & Supply chain‣ eHealth ‣ Smart Farming‣ Finance‣ IT integration‣ Management consulting‣ ...
Open innovation
‣ Co-creation workshops‣ Thematic public events‣ Thought leadership
publication‣ Expert Arena‣ Hackathons
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From Ideation to Co-Creation
Testbed Pilot Product Development Proof of ConceptUse Case
Feasibility check
‣ Dev ressources check‣ Minimum desirable
prototype‣ First visualisation‣ Hypothesis check‣ Desirability check
(customer needs)
Product development
‣ Standardization process & Business modelling
‣ Roll-out‣ Scaling
Ideation
‣ Problem – solution mapping
‣ Impact – effort analysis
HACKATHON, WORKSHOPS FEASIBILITY CHECK REAL-WORLD SIMULATION INTEGRATION
Real world experiment
‣ Ideation workshop to define & scope pilot
‣ Testing in real word environment
‣ Learn and adapt‣ Desirability study
(customer needs)
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IOTA and the European smart city consortium +CityxChange
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Ecosystem Support
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A Final Remark