bitcoin and iot
TRANSCRIPT
![Page 1: Bitcoin and IoT](https://reader035.vdocument.in/reader035/viewer/2022062523/58f9b351760da3da068bd4f2/html5/thumbnails/1.jpg)
Building Africa’s Bitcoin Infrastructure
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Bitcoin & IoT
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About Me• Deeply involved in Bitcoin since July 2013
• Published 4 whitepapers & 1 book
• 41 Bitcoin Answers on Quora
• Became a Bitcoin core developer in May 2014
• Started Bitcoin Dictionary, BitFinance
• Contributed to several open source Cryptocurrency-related projects
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What is IoT?• Devices
• Connected
• Sharing Information
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What is Bitcoin?• Decentralised
• Digital
• Money
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Centralised System
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Decentralised System
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What is the Blockchain?
• Distributed database
• Maintains growing list of data records
• Tamper proof
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Why Bitoicn
• Transact in trustless networks
• Smart contracts
• Cut out the middleman
• Micro-transactions
• Censorship resistant
• Permission-less Innovation
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What this means for Devices
• Track the unique history of devices
• Autonomity
• Proof of life in manufacturing
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Examples
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Examples
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Examples
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Examples
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Some Possible Future Applications
• DACS
• Friendly AI
• Blockchain Deep Learning
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Questions