Bitcoin and Beyond

Syed Akhlaq Hussain

Kaleem Ullah
Zain Ul Hassan
Popularity of Block Chain
New way to Store and Record
transactions
Block Chain
Everyone can verify transactions
Block Chain
Block Chain
Block Puzzle
DEMO
Applications of Blockchain
 Smart Contract
Holds conditions under which specific actions
can/must be performed
It helps to exchange money, property, shares, or
anything of value in a transparent, conflict-free way,
while avoiding the services of a middleman.
Analogy Vending Machine
Not only define the rules and penalties around an
agreement in the same way that a traditional
contract does, but also automatically enforce those
obligations.
Smart Contract
Why Smart Contract is SMART ?
 Ledger for Diamond transactions
Permanent immutable ledger for transaction history of
diamonds.
In the past, different stages of a diamonds value chain have
tended to be disparate and paper-based: the producer of the
diamond, the shipping and the insurance would all have been
recorded using pieces of paper all of which can be lost or
forged at any point.
Diamonds serial number is registered in the blockchain.
Insurance companies or law enforcement agencies can access
the entire history of a specific diamond, including details such
as changes of ownership etc.
Identification of illegal diamonds e.g. Blood Diamonds
 IoT & Blockchain
IoT devices can send data to blockchain ledgers for
inclusion in shared tamper-resistant records.
Blockchains distributed replication allows business
partners to access data without the need for central
control and management.
All business partners can verify each transaction,
preventing disputes and ensuring each partner is
held accountable for their individual roles in the
overall transaction.
IoT & Blockchain

IoT Platform

Block chain

Business Network
 If the temperature of the package
exceeds 0C, the package must be

Scenario.. inspected. The party responsible for the

package at the time of the temperature
increase is held accountable for all
losses.
Role of blockchain technology in Internet of Things
Massive explosion in number of connected devices expected
Some other applications of blockchain are .
THE END
 References
https://anders.com/blockchain/
https://ibm.com/blockchain/
https://everledger.io
https://www.cbinsights.com/
http://www.ibm.com/internet-of-things/