What is Blockchain Technology? Basics of Blockchain How Does Blockchain work? Blockchain Timeline What Blockchain can store? What is Bitcoin? BItcoin vs Blockchain

1. The Next Superpower 🚀
Blockchain Technology
by Priyank Vaghela
github.com/Priyank-Vaghela
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2. Overview
● Problems
● Timeline
● Basics
● Block
● Ledger
● Miners
● Applications - Cryptocurrency
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3. The Problems
● Grouping Chains
● Storing data in blocks
● Centralized System
● Double Spending
● Frauds
● Copyrights
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4. Timeline
1991 2015
Secured Chain of blocks
Hash Tree
Satoshi Nakamoto invented
Bitcoin
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1992 2008
“Time heals everything!”

5. Basics
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6. What is Blockchain?
- A truly Decentralized P2P Network which
stores data in blocks & provides services like
cryptocurrencies, etc.
- In layman’s term, a continuously updated
record of who holds what.
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7. How it works?
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8. What it can store?
● Money
● Bond
● Stock
● Digital Identities
● Contracts
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9. How it is different?
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10. What is a Block?
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Blocks are records of data

11. What are Ledger?
11Ledger are simply transaction history

12. Who are miners?
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They verify past transaction on the basis of first come first serve

13. The Next Superpower 🚀
● Single type of coin to rule them all
● Decentralizes transactions - No Middlemen
● Fraud free
● Creative Applications - Sky’s the limit
● Blockchain will give Open Internet
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14. Changing the world...
● Banking and Payments
● P2P Communications
● Healthcare
● Crowdfunding
● Government
● Internet of Things
14We can achieve it by localizing it to the general public

15. Applications
● Cryptocurrency - Bitcoin, Ethereum, etc.
● File Sharing - Bittorrent
● Online Learning - bitdegree.org
● Dapps - weifund.io
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16. Cryptocurrency
- A digital asset that uses strong cryptography
to secure financial transactions & verify the
transfer of assets.
- Types: Coins & Tokens
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17. Bitcoin vs Blockchain
- Consider Blockchain as an OS, then Bitcoin
will be an Application which is most famous
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18. How can our country be a Global
Superpower?
- Through Blockchain Technology
- China is in the race, but we’re not that behind.
- Through localization of Blockchain
application, available to everyone with the
simplicity in mind.
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19. Thank you
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“May the full force of Blockchain be with you!”