tokenization: life beyond the information age

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Tokenization Life beyond the information age

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Page 1: Tokenization: Life beyond the Information Age

TokenizationLife beyond the information age

Page 2: Tokenization: Life beyond the Information Age

> whoami

Satoshi Nakamoto

Page 3: Tokenization: Life beyond the Information Age

> whoami

Satoshi Nakamoto

Shannon Code

● Hacker

● Developer

● Tester

● Futurist

Page 4: Tokenization: Life beyond the Information Age

> pwd

Loyyal

● Loyalty and rewards platform

● EVM (Smart contracts)

● Base class: “Everything is an agent”

○ Everything has an address

○ Everything can hold value

○ Everything can transfer value

Decentric

● Fun experimental stuff

Page 5: Tokenization: Life beyond the Information Age

> ssh tokenization@allthingsopen

From the Printing Press

To Blockchain

Beyond...

Industrial age

Information age

Imagination age

Page 6: Tokenization: Life beyond the Information Age

> history

Printing Press

Page 7: Tokenization: Life beyond the Information Age

> history

Gutenberg galaxy (Global village) Bandwidth: Rapid spread of information

Parallelize: Shared scientific research

Economics: Inexpensive paper

Latency: Faster than using a scribe

Page 8: Tokenization: Life beyond the Information Age

> cd ..

Proof of work

Page 9: Tokenization: Life beyond the Information Age

> history

● Computation

○ Slow

○ Required engineers

○ Fragile

○ Expensive

Page 10: Tokenization: Life beyond the Information Age

> history

● Computation

○ Slow

○ Required engineers

○ Fragile

○ Expensive

● Network

○ Fragmented

○ Expensive

● Storage

○ Card

○ Tape media

Page 11: Tokenization: Life beyond the Information Age

> gzip SEQUEL > sql

● Optimization

○ Math

○ Abstraction

Page 12: Tokenization: Life beyond the Information Age

> mv physical/things.tar.gz digital/things.tar.gz

Digitize all of the things

Page 13: Tokenization: Life beyond the Information Age

> fsck

● Problems

○ Digital *things* can be copied at little to no cost

○ Digital *things* can still be deleted

○ Digital *things* can still be forged

○ Digital *things* can still be lost

● Solutions?

○ Centralization

■ Bank

■ ISP

○ Consortium

■ Media companies

■ News outlets

■ Government

○ Much more...

Page 14: Tokenization: Life beyond the Information Age

> segfault

Page 15: Tokenization: Life beyond the Information Age

> sudo reboot

● Blockchain

○ Cryptography

○ Peer 2 Peer

○ Distributed computing

○ Virtualization

Page 16: Tokenization: Life beyond the Information Age

> ssh [email protected]

Page 17: Tokenization: Life beyond the Information Age

> ./beyond

“Would I design my software differently if each execution had a cost”

“What can I make if I can eliminate the need for trust”

“If I can create a digital *thing* that only one can exist & only in one place”

Page 18: Tokenization: Life beyond the Information Age

> cd /usr/demo

Let’s make something

Page 19: Tokenization: Life beyond the Information Age

> ./blockchain.media

Page 20: Tokenization: Life beyond the Information Age

> ...

Each audio frame hash is stored and references the previous stored hash.

● Proof

○ Has this been altered

○ Are frames missing

○ Which frames are missing / altered

● Identity

○ With only 3 frames identify the source

Page 21: Tokenization: Life beyond the Information Age

> ./watermark.media

● Generate Keys

○ Create QR from address

○ Encrypt key-pair

Page 22: Tokenization: Life beyond the Information Age

> ./watermark.media

Add qr code to id3 tag

<coverArt>[image]</coverArt>

Page 23: Tokenization: Life beyond the Information Age

> ./watermark.media

Page 24: Tokenization: Life beyond the Information Age

> ./watermark.media

Page 25: Tokenization: Life beyond the Information Age

> ./watermark.media

● Sign watermarked media

Page 26: Tokenization: Life beyond the Information Age

> ./watermark.media

● Verify signature

● Add signature to id3 tag

● Share

Page 27: Tokenization: Life beyond the Information Age

./odeokee

http://allthingsopen.odeokee.com/

Artist: SaiephTitle: Enigmatritonic_CryptophasmAlbum: Quenvalys

1Bz8ctuZmQVvcaQKdj3z1UHX4cZ6NqxjBn

Page 28: Tokenization: Life beyond the Information Age

./credits

Collaboration with Trusted Audio

Page 29: Tokenization: Life beyond the Information Age

./address