Blockchain: 12 predictions for a new world

Philippe Camacho

Dreamlab Technologies A.G.

October 12th 2017

Who I am

• PhD Cryptography University of Chile (2013)

• Co-founder comprabitcoin.com (2013)

• Research and Development Engineer Dreamlab Technologies A.G. (2015-Now)

• 20years+ experience in Cybersecurity

• Creators of Backtrack (now Kali)

• Train/plane ethical hacking

• Cyber Observatory (Cyobs.ch)

• Top security conferencein South America (8.8)

• OSSTMM, W3C, ISECOM members

A short bitcoin/blockchain history2008: Bitcoin: A Peer-to-Peer Electronic Cash System.Satoshi Nakamoto

2014: MtGox collapses

Now: Cryptmarketcap150 Billions of USD

2015: Ethereum launches

June 2016:The DAO is hacked

2010: Laszlo Hanyecz paid10,000 bitcoins to get two pizzas deliveredfrom Papa John’s

Feb 2011: Silk road(drug market)launches

2015: Ross Ulbricht sent to jail

2012: Wordpressaccepts bitcoin

2016: Enterprise Ethereum Alliance 90+ members

Disclaimer about “predictions”

“It’s hard to make predictions, especially about the future.”

Niels Bohr.

https://en.wikiquote.org/wiki/Niels_Bohr

Block

Mining

in 1 slide

Genesis(Coinbase)

Blockchain

#1 Marketcap > 1 Trillion USD in 2020We are not

that far:150B x 7 > 1T

18 B

#2 Bitcoin stops being the first cryptocurrency (2019)

#2 Bitcoin stops being the first cryptocurrency (2019)

#3 A blockchain handles 2000 TPS (2020)Platform # Transactions per second

(TPS)

Visa 2000

Paypal 115

Bitcoin 7

https://en.bitcoin.it/wiki/Scalability

#4 1st smart contract handling >100M USD with correctness proof (2018)

Applications of smart contracts:• Decentralized Name Service• Decentralized Insurance• Decentralized Market• Decentralized Crowdfunding• Decentralized

(PUT SOMETHING HERE)

#4 1st smart contract handling >100M USD with correctness proof (2018)

#4 1st smart contract handling >100M USD with correctness proof (2018)

#5 Company running on a blockchain worth 10 B USD (2022)

BAT: raised 35 M in 30 seconds.

Current valuation: 233 M

#6 Unregulated decentralized market place handles > 10 B USD (2022)

?Centralized Decentralized

#7 Evil smart contract causes 1B in damages to a Forbes 500 company (2022)

BlockchainEvil smart contract

Victim

“Customer”

Botnet

12

22

3

3

3

#8 90% of Venture Capital through ICO(*) (2030)

https://www.coindesk.com/

1.8 B1.6 B

Venture Capital ICO

(*) Initial Coin Offering

#9 Estonia runs 100% on blockchain (2035)

https://cointelegraph.com/news/how-estonia-brought-blockchain-closer-to-citizens-govtech-case-studies

#10 100% AI driven company (2035)

https://www.youtube.com/watch?v=U1XOPIqyP7A

#11 All industries are impacted by Blockchain (2035)

https://ww2.frost.com/news/press-releases/frost-sullivan-identifies-2017-global-blockchain-startup-map/

#12 Central banks exist no more (2050)

https://cointelegraph.com/news/european-central-bank-president-no-power-to-regulate-bitcoin

Invest in cryptos = shorting on the traditional financial system?

https://www.cnbc.com/id/100597242

20132008 >2018

?

THANK YOU!