SlideShare ist ein Scribd-Unternehmen logo
1 von 26
Downloaden Sie, um offline zu lesen
Can Bitcoin
Solve Global Poverty?
© 2017 Juan Llanos
United Nations Headquarters, February 10, 2017
@JuanLlanos
© 2017 Juan Llanos
Is the United Nations the world’s hospital?
Adult population with NO USE OF formal
or semiformal FINANCIAL SERVICES
© 2017 Juan Llanos
SCALE
GLOBAL
UNIVERSAL
© 2017 Juan Llanos
“Poverty is the greatest challenge facing the world today”
2030 United Nations Sustainable Development Agenda
cryptocurrency (b)
value transfer network (B)
open platform (B)
© 2017 Juan Llanos
O P E N / P U B L I C
P R O G R A M M A B L E
D I S T R I B U T E D C O N S E N S U S
N O D O U B L E - S P E N D
T R A N S PA R E N T L E D G E R
REVOLUTIONARY TECHNOLOGY
freedom to own
freedom to transfer
freedom to innovate
© 2017 Juan Llanos
PERMISSIONLESS INNOVATION
CORRUPTION- & CENSORSHIP-RESISTANCE
© 2017 Juan Llanos
the money
opportunity
© 2017 Juan Llanos
PROBLEM
misguided/incompetent/corrupt governments take advantage of fractional-reserve-based monetary system
high/hyper inflation, currency controls, monetary debasement hurt millions
OPPORTUNITY
bitcoin/cryptocurrencies as alternative store of value
preferable even despite volatility
© 2017 Juan Llanos
Cutting prices by at least 5
percentage points can save up
to $16 BILLION/YEAR.
the remittances
opportunity
© 2017 Juan Llanos
PROBLEM
disadvantaged/emerging economies are highly dependent on family remittances
cost of remittances highest where infrastructure underdeveloped, competition limited and regulation restrictive
OPPORTUNITY
cutting prices by 5% can save senders up to $16 billion/year (World Bank)
bitcoin/cryptocurrencies as cheaper alternative transfer mechanisms
P2P de-monopolizes remittance corridors
© 2017 Juan Llanos
the global commerce
opportunity
© 2017 Juan Llanos
PROBLEM
disadvantaged/emerging economies are cut off from global (e-)commerce
talented entrepreneurs and merchants blocked from exporting goods and services
OPPORTUNITY
leverage increasing mobile connectivity with the “Internet of Value”
potential explosion in “gig economy” micro-enterprises
© 2017 Juan Llanos
© 2017 Juan Llanos
HERNANDO DE SOTO SHOWS AN ”ARTISANAL” CHAIN OF TITLE
Underground economy
© 2017 Juan Llanos
$10 TRILLION
the property rights
opportunity
© 2017 Juan Llanos
PROBLEM
unregistered assets are “dead,” cannot serve as capital
rightful owners of property at mercy of corruption
lack of credibility of right ownership and transfer at a distance (time + space)
OPPORTUNITY
leverage decentralized, tamper-evident, anti-fragile properties of open blockchains
self-sovereign identity
© 2017 Juan Llanos
the identity
opportunity
© 2017 Juan Llanos
PROBLEM
current systems: invasive, ineffective, exclusionary, non-interoperable, vulnerable
human rights violations; inability to engage in binding contracts; impediment for financial inclusion
OPPORTUNITY
leverage decentralized, tamper-evident, anti-fragile properties of open blockchains
enable self-sovereign identity (user autonomy and control)
meet both civil liberties and law enforcement goals
United Nations Headquarters - February 2017
the renewable energy
opportunity
© 2017 Juan Llanos
PROBLEM
oil-based energy expensive, negative environmental impact, unsustainable long-term
oil and gas traded only in USD à impact on local economies
OPPORTUNITY
Communities as consumers + producers of renewable energy (smartgrids)
tokenization + kwh-denominated trading
PARADIGMS
challenged
m o n e y
s o v e r e i g n t y
s e c u r i t y
r e g u l a t i o n
p r o p e r t y
i d e n t i t y
l a w
g o v e r n a n c e
© 2017 Juan Llanos
United Nations Headquarters - February 2017
© 2017 Juan Llanos
THE ULTIMATE
OPPORTUNITY
PROBLEM
“Power corrupts. Absolute power corrupts absolutely.” (Lord Acton)
most humanitarian actions address symptoms, not root causes
power imbalances and asymmetries are at core of inequality
OPPORTUNITY
lower ”our vulnerability to the whims of strangers” (Nick Szabo) via open blockchains
reduce human subjectivity
enhance access, equality and freedom
© 2017 Juan Llanos
@JuanLlanos
Thank You

Weitere ähnliche Inhalte

Ähnlich wie United Nations Headquarters - February 2017

Dubai - GITEX Conference 2017
Dubai - GITEX Conference 2017 Dubai - GITEX Conference 2017
Dubai - GITEX Conference 2017 Juan Llanos
 
Trends that will Redefine Alternative Investing
Trends that will Redefine Alternative Investing Trends that will Redefine Alternative Investing
Trends that will Redefine Alternative Investing Dara Albright
 
Welcome to the FinTech Revolution!
Welcome to the FinTech Revolution!Welcome to the FinTech Revolution!
Welcome to the FinTech Revolution!Dara Albright
 
Reg A+ & The Renaissance of the Retail Investor
Reg A+ & The Renaissance of the Retail InvestorReg A+ & The Renaissance of the Retail Investor
Reg A+ & The Renaissance of the Retail InvestorDara Albright
 
Transparency International Annual Report 2012
Transparency International Annual Report 2012Transparency International Annual Report 2012
Transparency International Annual Report 2012Miqui Mel
 
Social Media Management in Crisis Communication
Social Media Management in Crisis CommunicationSocial Media Management in Crisis Communication
Social Media Management in Crisis CommunicationDavid Vicent
 
Blockchain Insider | Chapter 1: Blockchain, Bitcoin, Money
Blockchain Insider | Chapter 1: Blockchain, Bitcoin, MoneyBlockchain Insider | Chapter 1: Blockchain, Bitcoin, Money
Blockchain Insider | Chapter 1: Blockchain, Bitcoin, MoneyKoh How Tze
 
Microsoft word 20 big ideas for 2012.doc
Microsoft word   20 big ideas for 2012.docMicrosoft word   20 big ideas for 2012.doc
Microsoft word 20 big ideas for 2012.docjafercar
 
Tapscott libraryassoc apr8
Tapscott libraryassoc apr8Tapscott libraryassoc apr8
Tapscott libraryassoc apr8Stephen Abram
 
Teresópolis 2011 - Lições para Gerenciar Riscos
Teresópolis 2011 - Lições para Gerenciar RiscosTeresópolis 2011 - Lições para Gerenciar Riscos
Teresópolis 2011 - Lições para Gerenciar RiscosFelipe Alves
 
Why Anatha: Towards a New Economy of Abundance | Edward DeLeon Hickman
Why Anatha: Towards a New Economy of Abundance | Edward DeLeon Hickman Why Anatha: Towards a New Economy of Abundance | Edward DeLeon Hickman
Why Anatha: Towards a New Economy of Abundance | Edward DeLeon Hickman Edward DeLeon Hickman
 
The Art of Skid Row: A Campaign to Shift the Public Perception of Homelessness.
The Art of Skid Row: A Campaign to Shift the Public Perception of Homelessness.The Art of Skid Row: A Campaign to Shift the Public Perception of Homelessness.
The Art of Skid Row: A Campaign to Shift the Public Perception of Homelessness.Colton Boettcher
 
Claranet en Novadata klantendag 'Krachtenbundeling'
Claranet en Novadata klantendag 'Krachtenbundeling'Claranet en Novadata klantendag 'Krachtenbundeling'
Claranet en Novadata klantendag 'Krachtenbundeling'Seats2meetcom
 
Into the Digital Abyss - or The New "Vortex" of Business? Creating new compan...
Into the Digital Abyss - or The New "Vortex" of Business? Creating new compan...Into the Digital Abyss - or The New "Vortex" of Business? Creating new compan...
Into the Digital Abyss - or The New "Vortex" of Business? Creating new compan...Drthomasbrand Limited
 
The Control Large Players Have On Mass Media
The Control Large Players Have On Mass MediaThe Control Large Players Have On Mass Media
The Control Large Players Have On Mass MediaGina Alfaro
 

Ähnlich wie United Nations Headquarters - February 2017 (20)

Dubai - GITEX Conference 2017
Dubai - GITEX Conference 2017 Dubai - GITEX Conference 2017
Dubai - GITEX Conference 2017
 
Trends that will Redefine Alternative Investing
Trends that will Redefine Alternative Investing Trends that will Redefine Alternative Investing
Trends that will Redefine Alternative Investing
 
Roadmap to Society30
Roadmap to Society30Roadmap to Society30
Roadmap to Society30
 
Welcome to the FinTech Revolution!
Welcome to the FinTech Revolution!Welcome to the FinTech Revolution!
Welcome to the FinTech Revolution!
 
Reg A+ & The Renaissance of the Retail Investor
Reg A+ & The Renaissance of the Retail InvestorReg A+ & The Renaissance of the Retail Investor
Reg A+ & The Renaissance of the Retail Investor
 
Transparency International Annual Report 2012
Transparency International Annual Report 2012Transparency International Annual Report 2012
Transparency International Annual Report 2012
 
Social Media Management in Crisis Communication
Social Media Management in Crisis CommunicationSocial Media Management in Crisis Communication
Social Media Management in Crisis Communication
 
GCF2011: Keynote Speech “Bill Clinton” Jan 25 , 2011
GCF2011: Keynote Speech “Bill Clinton” Jan 25 , 2011GCF2011: Keynote Speech “Bill Clinton” Jan 25 , 2011
GCF2011: Keynote Speech “Bill Clinton” Jan 25 , 2011
 
Blockchain Insider | Chapter 1: Blockchain, Bitcoin, Money
Blockchain Insider | Chapter 1: Blockchain, Bitcoin, MoneyBlockchain Insider | Chapter 1: Blockchain, Bitcoin, Money
Blockchain Insider | Chapter 1: Blockchain, Bitcoin, Money
 
Prutsalis WCDM Address
Prutsalis WCDM AddressPrutsalis WCDM Address
Prutsalis WCDM Address
 
Microsoft word 20 big ideas for 2012.doc
Microsoft word   20 big ideas for 2012.docMicrosoft word   20 big ideas for 2012.doc
Microsoft word 20 big ideas for 2012.doc
 
Prutsalis WCDM Narrative
Prutsalis WCDM NarrativePrutsalis WCDM Narrative
Prutsalis WCDM Narrative
 
Tapscott libraryassoc apr8
Tapscott libraryassoc apr8Tapscott libraryassoc apr8
Tapscott libraryassoc apr8
 
Teresópolis 2011 - Lições para Gerenciar Riscos
Teresópolis 2011 - Lições para Gerenciar RiscosTeresópolis 2011 - Lições para Gerenciar Riscos
Teresópolis 2011 - Lições para Gerenciar Riscos
 
The way forward
The way forwardThe way forward
The way forward
 
Why Anatha: Towards a New Economy of Abundance | Edward DeLeon Hickman
Why Anatha: Towards a New Economy of Abundance | Edward DeLeon Hickman Why Anatha: Towards a New Economy of Abundance | Edward DeLeon Hickman
Why Anatha: Towards a New Economy of Abundance | Edward DeLeon Hickman
 
The Art of Skid Row: A Campaign to Shift the Public Perception of Homelessness.
The Art of Skid Row: A Campaign to Shift the Public Perception of Homelessness.The Art of Skid Row: A Campaign to Shift the Public Perception of Homelessness.
The Art of Skid Row: A Campaign to Shift the Public Perception of Homelessness.
 
Claranet en Novadata klantendag 'Krachtenbundeling'
Claranet en Novadata klantendag 'Krachtenbundeling'Claranet en Novadata klantendag 'Krachtenbundeling'
Claranet en Novadata klantendag 'Krachtenbundeling'
 
Into the Digital Abyss - or The New "Vortex" of Business? Creating new compan...
Into the Digital Abyss - or The New "Vortex" of Business? Creating new compan...Into the Digital Abyss - or The New "Vortex" of Business? Creating new compan...
Into the Digital Abyss - or The New "Vortex" of Business? Creating new compan...
 
The Control Large Players Have On Mass Media
The Control Large Players Have On Mass MediaThe Control Large Players Have On Mass Media
The Control Large Players Have On Mass Media
 

Mehr von Juan Llanos

The Great Compliance Wall: How to Overcome the Number One Obstacle to Crypto ...
The Great Compliance Wall: How to Overcome the Number One Obstacle to Crypto ...The Great Compliance Wall: How to Overcome the Number One Obstacle to Crypto ...
The Great Compliance Wall: How to Overcome the Number One Obstacle to Crypto ...Juan Llanos
 
Mexico - LaBitConf 2015
Mexico - LaBitConf 2015Mexico - LaBitConf 2015
Mexico - LaBitConf 2015Juan Llanos
 
São Paulo - Regulatory Roundtable
São Paulo - Regulatory RoundtableSão Paulo - Regulatory Roundtable
São Paulo - Regulatory RoundtableJuan Llanos
 
Rio de Janeiro - LaBitConf 2014
Rio de Janeiro - LaBitConf 2014Rio de Janeiro - LaBitConf 2014
Rio de Janeiro - LaBitConf 2014Juan Llanos
 
Las Vegas - InsideBitcoins 2014-10-05
Las Vegas - InsideBitcoins 2014-10-05Las Vegas - InsideBitcoins 2014-10-05
Las Vegas - InsideBitcoins 2014-10-05Juan Llanos
 
Quito - Congreso CIRPLA 2014
Quito - Congreso CIRPLA 2014Quito - Congreso CIRPLA 2014
Quito - Congreso CIRPLA 2014Juan Llanos
 
Dubai - The Capital Club in Dubai (Cointalks)
Dubai - The Capital Club in Dubai (Cointalks)Dubai - The Capital Club in Dubai (Cointalks)
Dubai - The Capital Club in Dubai (Cointalks)Juan Llanos
 
New York - Digital Currencies, Remittances & Financial Inclusion - MFCNY even...
New York - Digital Currencies, Remittances & Financial Inclusion - MFCNY even...New York - Digital Currencies, Remittances & Financial Inclusion - MFCNY even...
New York - Digital Currencies, Remittances & Financial Inclusion - MFCNY even...Juan Llanos
 
Buenos Aies - LaBitConf 2013
Buenos Aies - LaBitConf 2013Buenos Aies - LaBitConf 2013
Buenos Aies - LaBitConf 2013Juan Llanos
 
Abu Dhabi - 5th Annual Financial Crimes Conference
Abu Dhabi - 5th Annual Financial Crimes ConferenceAbu Dhabi - 5th Annual Financial Crimes Conference
Abu Dhabi - 5th Annual Financial Crimes ConferenceJuan Llanos
 
Washington - TEDxMidAtlantic 2013
Washington - TEDxMidAtlantic 2013Washington - TEDxMidAtlantic 2013
Washington - TEDxMidAtlantic 2013Juan Llanos
 
New York - Virtual Currencies Compliance Conference
New York - Virtual Currencies Compliance ConferenceNew York - Virtual Currencies Compliance Conference
New York - Virtual Currencies Compliance ConferenceJuan Llanos
 

Mehr von Juan Llanos (12)

The Great Compliance Wall: How to Overcome the Number One Obstacle to Crypto ...
The Great Compliance Wall: How to Overcome the Number One Obstacle to Crypto ...The Great Compliance Wall: How to Overcome the Number One Obstacle to Crypto ...
The Great Compliance Wall: How to Overcome the Number One Obstacle to Crypto ...
 
Mexico - LaBitConf 2015
Mexico - LaBitConf 2015Mexico - LaBitConf 2015
Mexico - LaBitConf 2015
 
São Paulo - Regulatory Roundtable
São Paulo - Regulatory RoundtableSão Paulo - Regulatory Roundtable
São Paulo - Regulatory Roundtable
 
Rio de Janeiro - LaBitConf 2014
Rio de Janeiro - LaBitConf 2014Rio de Janeiro - LaBitConf 2014
Rio de Janeiro - LaBitConf 2014
 
Las Vegas - InsideBitcoins 2014-10-05
Las Vegas - InsideBitcoins 2014-10-05Las Vegas - InsideBitcoins 2014-10-05
Las Vegas - InsideBitcoins 2014-10-05
 
Quito - Congreso CIRPLA 2014
Quito - Congreso CIRPLA 2014Quito - Congreso CIRPLA 2014
Quito - Congreso CIRPLA 2014
 
Dubai - The Capital Club in Dubai (Cointalks)
Dubai - The Capital Club in Dubai (Cointalks)Dubai - The Capital Club in Dubai (Cointalks)
Dubai - The Capital Club in Dubai (Cointalks)
 
New York - Digital Currencies, Remittances & Financial Inclusion - MFCNY even...
New York - Digital Currencies, Remittances & Financial Inclusion - MFCNY even...New York - Digital Currencies, Remittances & Financial Inclusion - MFCNY even...
New York - Digital Currencies, Remittances & Financial Inclusion - MFCNY even...
 
Buenos Aies - LaBitConf 2013
Buenos Aies - LaBitConf 2013Buenos Aies - LaBitConf 2013
Buenos Aies - LaBitConf 2013
 
Abu Dhabi - 5th Annual Financial Crimes Conference
Abu Dhabi - 5th Annual Financial Crimes ConferenceAbu Dhabi - 5th Annual Financial Crimes Conference
Abu Dhabi - 5th Annual Financial Crimes Conference
 
Washington - TEDxMidAtlantic 2013
Washington - TEDxMidAtlantic 2013Washington - TEDxMidAtlantic 2013
Washington - TEDxMidAtlantic 2013
 
New York - Virtual Currencies Compliance Conference
New York - Virtual Currencies Compliance ConferenceNew York - Virtual Currencies Compliance Conference
New York - Virtual Currencies Compliance Conference
 

Kürzlich hochgeladen

Stock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfStock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfMichael Silva
 
Hungarys economy made by Robert Miklos
Hungarys economy   made by Robert MiklosHungarys economy   made by Robert Miklos
Hungarys economy made by Robert Miklosbeduinpower135
 
2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation2024.03 Strategic Resources Presentation
2024.03 Strategic Resources PresentationAdnet Communications
 
India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023SkillCircle
 
Work and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingWork and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingHenry Tapper
 
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.KumarJayaraman3
 
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoRWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoCoinGecko
 
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTESACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTESKumarJayaraman3
 
Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Guillaume Ⓥ Sarlat
 
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfLundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfAdnet Communications
 
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismTaipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismBrian Lin
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.Arifa Saeed
 
Contracts with Interdependent Preferences
Contracts with Interdependent PreferencesContracts with Interdependent Preferences
Contracts with Interdependent PreferencesGRAPE
 
Stock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdfStock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdfMichael Silva
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxsonamyadav7097
 
The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...Antonis Zairis
 

Kürzlich hochgeladen (20)

Stock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdfStock Market Brief Deck for March 26.pdf
Stock Market Brief Deck for March 26.pdf
 
Hungarys economy made by Robert Miklos
Hungarys economy   made by Robert MiklosHungarys economy   made by Robert Miklos
Hungarys economy made by Robert Miklos
 
2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation
 
India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023
 
Work and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingWork and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB funding
 
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
 
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoRWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
 
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTESACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
 
Monthly Economic Monitoring of Ukraine No.230, March 2024
Monthly Economic Monitoring of Ukraine No.230, March 2024Monthly Economic Monitoring of Ukraine No.230, March 2024
Monthly Economic Monitoring of Ukraine No.230, March 2024
 
Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024
 
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfLundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
 
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismTaipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.
 
Contracts with Interdependent Preferences
Contracts with Interdependent PreferencesContracts with Interdependent Preferences
Contracts with Interdependent Preferences
 
Stock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdfStock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdf
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptx
 
The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...
 
Effects & Policies Of Bank Consolidation
Effects & Policies Of Bank ConsolidationEffects & Policies Of Bank Consolidation
Effects & Policies Of Bank Consolidation
 
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
 
Commercial Bank Economic Capsule - March 2024
Commercial Bank Economic Capsule - March 2024Commercial Bank Economic Capsule - March 2024
Commercial Bank Economic Capsule - March 2024
 

United Nations Headquarters - February 2017

  • 1. Can Bitcoin Solve Global Poverty? © 2017 Juan Llanos United Nations Headquarters, February 10, 2017 @JuanLlanos
  • 2. © 2017 Juan Llanos Is the United Nations the world’s hospital?
  • 3. Adult population with NO USE OF formal or semiformal FINANCIAL SERVICES © 2017 Juan Llanos
  • 4. SCALE GLOBAL UNIVERSAL © 2017 Juan Llanos “Poverty is the greatest challenge facing the world today” 2030 United Nations Sustainable Development Agenda
  • 5. cryptocurrency (b) value transfer network (B) open platform (B) © 2017 Juan Llanos
  • 6. O P E N / P U B L I C P R O G R A M M A B L E D I S T R I B U T E D C O N S E N S U S N O D O U B L E - S P E N D T R A N S PA R E N T L E D G E R REVOLUTIONARY TECHNOLOGY
  • 7. freedom to own freedom to transfer freedom to innovate © 2017 Juan Llanos PERMISSIONLESS INNOVATION CORRUPTION- & CENSORSHIP-RESISTANCE
  • 8. © 2017 Juan Llanos
  • 9. the money opportunity © 2017 Juan Llanos PROBLEM misguided/incompetent/corrupt governments take advantage of fractional-reserve-based monetary system high/hyper inflation, currency controls, monetary debasement hurt millions OPPORTUNITY bitcoin/cryptocurrencies as alternative store of value preferable even despite volatility
  • 10. © 2017 Juan Llanos Cutting prices by at least 5 percentage points can save up to $16 BILLION/YEAR.
  • 11. the remittances opportunity © 2017 Juan Llanos PROBLEM disadvantaged/emerging economies are highly dependent on family remittances cost of remittances highest where infrastructure underdeveloped, competition limited and regulation restrictive OPPORTUNITY cutting prices by 5% can save senders up to $16 billion/year (World Bank) bitcoin/cryptocurrencies as cheaper alternative transfer mechanisms P2P de-monopolizes remittance corridors
  • 12. © 2017 Juan Llanos
  • 13. the global commerce opportunity © 2017 Juan Llanos PROBLEM disadvantaged/emerging economies are cut off from global (e-)commerce talented entrepreneurs and merchants blocked from exporting goods and services OPPORTUNITY leverage increasing mobile connectivity with the “Internet of Value” potential explosion in “gig economy” micro-enterprises
  • 14. © 2017 Juan Llanos
  • 15. © 2017 Juan Llanos HERNANDO DE SOTO SHOWS AN ”ARTISANAL” CHAIN OF TITLE
  • 16. Underground economy © 2017 Juan Llanos $10 TRILLION
  • 17. the property rights opportunity © 2017 Juan Llanos PROBLEM unregistered assets are “dead,” cannot serve as capital rightful owners of property at mercy of corruption lack of credibility of right ownership and transfer at a distance (time + space) OPPORTUNITY leverage decentralized, tamper-evident, anti-fragile properties of open blockchains
  • 19. the identity opportunity © 2017 Juan Llanos PROBLEM current systems: invasive, ineffective, exclusionary, non-interoperable, vulnerable human rights violations; inability to engage in binding contracts; impediment for financial inclusion OPPORTUNITY leverage decentralized, tamper-evident, anti-fragile properties of open blockchains enable self-sovereign identity (user autonomy and control) meet both civil liberties and law enforcement goals
  • 21. the renewable energy opportunity © 2017 Juan Llanos PROBLEM oil-based energy expensive, negative environmental impact, unsustainable long-term oil and gas traded only in USD à impact on local economies OPPORTUNITY Communities as consumers + producers of renewable energy (smartgrids) tokenization + kwh-denominated trading
  • 22. PARADIGMS challenged m o n e y s o v e r e i g n t y s e c u r i t y r e g u l a t i o n p r o p e r t y i d e n t i t y l a w g o v e r n a n c e © 2017 Juan Llanos
  • 24. © 2017 Juan Llanos THE ULTIMATE OPPORTUNITY PROBLEM “Power corrupts. Absolute power corrupts absolutely.” (Lord Acton) most humanitarian actions address symptoms, not root causes power imbalances and asymmetries are at core of inequality OPPORTUNITY lower ”our vulnerability to the whims of strangers” (Nick Szabo) via open blockchains reduce human subjectivity enhance access, equality and freedom
  • 25. © 2017 Juan Llanos