sh1396

1. Disruptive Technologies
Project
SHANG PING HSU
Part 1. Was Uber a disruptive technology?

2. What is Uber
A location-based app that makes hiring an on-demand private
driver
• convenient
• inexpensive
Delivery (Commerce)
• Food
• Document/Package

3. Uber Facts (History)
Formerly Called: UberCab(2009-2011)
Founded: March 2009
Founders: Travis Kalanick
Garrett Camp
Headquarters: San Francisco, California
Area Served: 644+ Cities

4. What industry/market did Uber’s service
impact?

5. How has Uber impacted the market it has
entered?
Uber’s success has been detrimental to the traditional taxi industry.
Taxis are heavily regulated: rates are fixed and taxis must buy
licences to operate. Such licenses are issued rarely, and become
more valuable as the urban population grows.

6. Would you say that Uber was a disruptive
technology?
Yes, It changed the only way to get a ride (Taxis).
Uber has Area served: 644+ Cities and it is getting more
The ‘sharing economy’ matches people who want to share assets
online.

7. Here is the proof
Uber impacted Taxis driver hardly.
Regulation has changed that reducing Taxis diver fix cost like
reducing licences fee to make a fair competition.

8. Part II: Bitcoin
Satoshi Nakamoto(Founder)

9. What is Bitcoin?
a type of digital currency in which encryption techniques are used
to regulate the generation of units of currency and verify the
transfer of funds, operating independently of a central bank.

10. What is Bitcoin?
Bit coins are available all over the world and anyone can participate
in the issue of computer operations known as mining. The maximum
number of agreements is 21 million to avoid inflation.

11. SO what is mining?
Bitcoin mining is the processing of
transactions in the digital currency
system, in which the records of current
Bitcoin transactions, known as a blocks,
are added to the record of past
transactions, known as the block chain.
Basically, Mining is using CPU or GPU to
solve math problems. Solving math
problem gets reward(bitcoin).

12. The creator of bitcoin: Satoshi Nakamoto
• Known for: Inventing bitcoin, implementing the first blockchain,
and deploying the first decentralized digital currency.
• Fields: Digital currencies, computer science, cryptography

13. Founder: Satoshi Nakamoto
• Nakamoto claimed that work on the writing of the code began in
2007.
• In October 2008, Nakamoto published a paper describing the
bitcoin digital currency. It was titled Bitcoin: A Peer-to-Peer
Electronic Cash System.
• In January 2009, Nakamoto released the first bitcoin software that
launched the network and the first units of the bitcoin
cryptocurrency, called bitcoins.

14. What industry or market did they impact?

15. What industry or market did they impact?
• The key as a number of signatures, allowing individuals to pay
directly to others, even if far away on the other side of the earth,
without going through third parties, such as banks, clearing
houses, securities firms, etc., thus avoiding the trust problems,
high fees, cumbersome processes, As well as regulatory issues.

16. WHY BANKS FEAR BITCOIN

17. Bitcoin vs U.S dollar
Bitcoin may have an effect on the status of the US dollar as the
world’s international reserve currency.
Reference: https://www.personalincome.org/how-bitcoin-will-effect-global-landscape-currency/

18. Target
Bitcoin and Bank both of them are sharing “Currency”

19. Why do you see this as a disruptive
technology?
• I see Bitcoin as a disruptive because I am having some of them and
I am using them.
• I paid things I bought with Bitcoin.
• I make a translation from my digital wallet to anywhere in the
world and only take a little time to completed the translation.
• Comparing to regular currency, my mom usually take 2-3 days
transfers money from Taiwan to my U.S account.

20. Was “Bitcoin” disruptive technology successful?
Yes

21. Was “Bitcoin” disruptive technology successful?
Bitcoin raised a burst of upsurge of digital currency.
There are more digital money come up
For example, Ethereum(second popular).

22. Value of BTC
Valueless digital money to now about 4,000 dollars(1 BTC: 4,000 USD)

23. Did this disruptive technology lead to any
future innovations?
Changing the way transfer of value at almost no cost between two
parties without the need for a trusted third party.

24. References
• http://uberestimate.com/about-uber/
• https://www.linkedin.com/pulse/how-uber-changed-world-deepak-chaudhary
• http://www.travel-industry-blog.com/travel-industry/will-uber-soon-deliver-
amazon-packages/
• http://www.investopedia.com/articles/investing/100515/five-most-disruptive-
technologies-2015.asp
• https://www.personalincome.org/how-bitcoin-will-effect-global-landscape-
currency/
• http://fortune.com/2014/11/20/why-banks-fear-bitcoin/
• https://www.personalincome.org/how-bitcoin-will-effect-global-landscape-
currency/