The Impact of Blockchain: A Disruptive Technology that is Overturning the Social Structure from Bitcoin, FinTech to IoT – Reading Notes

Mathematics  Machine Learning Technology  Artificial Intelligence Technology  Algorithm  Digital Transformation Technology  Programming Technology  Encryption and security

The Impact of the Proc Chain: A Disruptive Technology That Will Upend Social Structures from Bitcoin and FinTech to IoT

Virtual currencies such as Bitcoin and the blockchain technology that supports them are extremely novel. They have the potential to significantly change the basic structure of society.

Still sometimes seen as dubious due to the collapse of bitcoin exchange operators, etc.
Bitcoin and blockchain technology, however, have an impact not only on the financial sector, but also on various other industries. What kind of business is about to be created, what kind of technology makes it possible, and how is the Japanese legal system responding?

In this book, experts in business and technology development in Bitcoin and blockchain technology share their know-how and knowledge gained through their practical experience with the aim of developing the industry, not only with financial experts but also with those who are involved in new business development and business planning.
This book shares the know-how and knowledge gained by experts in the development of Bitcoin and blockchain technology, not only with financial experts, but also with a wide range of business people involved in new business development and corporate planning.

Introduction

Chapter 1 General Introduction

1-1 The Impact of Bitcoin Technology on Various Businesses

The Birth of Bitcoin
Bitcoin Technology Receiving Huge Investments
The blockchain and the industry trends surrounding the blockchain
Finance is changing
IOT will change
Legal is changing
Healthcare is changing
Government and administrative services will change

1-2 Bitcoin and Business

Bitcoin Business in Japan
Global Bitcoin Business
Conclusion

Chapter 2 Possibilities and Challenges of Bitcoin

2-1 Bitcoin and Individuals, Society, and the State

An organization where contracts are at the center and human beings manage human beings
Bitcoin is the world’s first listed DAO
DAOs provide pre-compliant governance
Smart contracts and enforceability
Possibility of a society that does not place assumptions of trust
Significance of Bitcoin
Impact of Bitcoin

2-2 Bitcoin and the Law

Introduction
Bitcoin and Private Law
Bitcoin and Financial Regulation
Bitcoin and Taxation
Conclusion

2-3 The Latest Bitcoin Technology

B-P32 and B-P39 caused the Wallet Revolution
B-P70, which made Bitcoin payments secure
B-P63 (stealth address)
B-P47 (payment code)
Lightning Network
The End

Chapter 3: Financial Transformation Caused by Blockchain Technology and How It Works

3-1 Introduction to the Proc Chain

The original blockchain is Bitcoin
Rejection of Bitcoin
Still Wanting the Power of the Blockchain
What is blockchain in the first place?
Traditional client-server emotional system
P2P blockchain
A world where “trust for third parties is not necessary
Manageable “blockchain” rather than unmanageable “bitcoin
Public or Private?
The biggest advantage of blockchain is still unclear
Dramatic Cost Reductions with Blockchain
From the concept of closing to real-time payment
Revolution in cost structure and business model
What is the difference from decentralized DB
Breakthrough of the fund settlement industry
Erosion faster than the cloud revolution
Practical application is not in the future
The End

3-2 Economic Model of Blockchain

Introduction
Blockchain and POW
Current Status of Bitcoin POW
Economy of Bitcoin POW
Economy of POS (Proof of Stake)
Selfish Nodes and the Blockchain
Conclusion

3-3 Application to Financial Services

What is Blockchain?
Consideration of Use for Asset Transactions
Consideration for Use in Asset Transactions
Possible risk factors when using it in the financial field
Areas where it may be difficult to use in the financial sector
Conclusion

Chapter 4 Impact of Blockchain on the Industry

4-1 Potential and Challenges of Blockchain in the Non-Financial Sector

How to classify blockchain
Potential Business Fields for Blockchain
Examples of Utilization in the Distribution Sector
Example of utilization in the field of local development and regional development
Livelihood and symbiosis between blockchain and decentralized leisure systems
Can blockchain technology withstand enterprise applications?
Which blockchain technology is likely to be popular?
Conclusion

4-2 Blockchain and IOT

Changes in Computer Architecture and IOT
Blockchain and IOT and IOT

4-3 Blockchain 2.0 Projects

Bitcoin 2.0 Infrastructure Solutions
Application to Securities
Notary Public Services
Predictive Markets
Attention Economy
Sharing Economy
Identity
Gaming
The End

Chapter 5 Emerging Platforms

5-1 Smart Contract Building Platform “Ethereum

Introduction
What is Ethereum?
Decentralized
Overview of Ethereum Technology
Challenges facing Ethereum
Projects of Ethereum
The End

5-2 NEM New Paradigm of Blockchain Technology

Background of NEM
NEM Blockchain Technology Approach
Next Generation Blockchain Technology
Practicality of NEM Blockchain
Finally

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