the blockchain opportunity today & tomorrow

Jamie BurkeOutlierVentures.io + BlockchainAngels.eu

@jamie247

Web 3.0 – Web of Ownership / Trust• Silicon valley began the computing revolution• Web 1.0 connected those computers up in a ‘Read-

Only Web’• Web 2.0 allowed for mediated P2P with ‘Read-Write-

Web • Web 3.0 enables unmediated p2p / m2m / b2b / a2a

via Read-Write-Own Web

Blockchain explained in 1 minute!

• Distributed ledger• Unique Tokens• Anonymized Processing / Mining• Immutable, encrypted, pseudo• Smart contracts• Consensus Mechanisms

Bitcoin Blockchain – digital currency

Counterparty – digital assets

Ethereum Decentralised (Software) Computer

Decentralised Applications

Decentralised Autonomous Organisations

(UNPERMISSIONED) (PERMISSIONED)

Eris Industries – permissioned apps

Ripple – bank to bank payments

Hyper Ledger / Linux – open collab.

Multi-chain Universe

Accenture’s Editable blockchain

What is the value they can bring?

Provenance P2P Exchange

Digital Trust

Supply Chains

Task Automation

Distributed Database Auditability

B2B Marketplaces

Identity Paperless Security Transparency

GovernanceRedundancyReduce Fraud

Sharing Economy

B2C Marketplaces

M2M

Liquidity

Asset Integrity Back Office

(UNPERMISSIONED) (PERMISSIONED)

Public / Private

Commons based peer owned networks

More efficient private markets

Secure, private, censorship proof, self financing

Fraud proof, auditable, automated, liquid

Reconfiguring 2.0

Fixing legacy systems

• Open source, not rely on donations• Protocol layer (infrastructure) • Variation of crowd funding / crowd sale IPO• Network token pre-sale• Developers who build apps on top grow holing value• Funded their apps with profits from token holdings• Very powerful network effect• Legal gray area (securities law)

First Industry to Self Finance

Mainstream

Early Market

Where in the cycle?

Domain blockchainangels.eu/startups

Enterprise Led Venturing

Santander

UBS

Barclays

Accenture

IBM

Citigroup & Visa

Cisco

• Blockchain co-opted by corporates & consults• Low to no growth economy pressure on bottom line• Reduce / eliminate intermediaries• Focus on efficiency / liquidity• Large IT: IBM, Microsoft, Oracle & Cisco• BaaS• Regulators / auditors

Private blockchains

Capital Markets• Clearing & Settlement• KYC• Payments & Remittance• Securitization& fractionalization of new

assets• Insurance / reinsurance• Crowdfunding

1. Common shared operating system

2. Accelerator: Ability to securely scale macro trends

3. Combinator: allows macro trends to combine

AI Audit

SummaryWe are moving from centralized human mediated systems to trustless decentralized autonomous networks

Jamie BurkeOutlierVentures.io + BlockchainAngels.eu

@jamie247