trading coffee with blockchain · blockchain? blockchain is a shared, immutable ledger that...
TRANSCRIPT
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TRADING COFFEE WITH BLOCKCHAINBUILDING TRUSTED BUSINESS NETWORKS
DEE
@STEMDEEP
DEEPSTEM.WORDPRESS.COM
MAR 15 2019
DORSEYVILLE MIDDLE SCHOOL
AN IBM VOLUNTEERS ACTIVITY
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TODAY’S
SESSION
Join us for an hour to learn about Blockchain - what it is, what roles it can play in the future, and how it will change the manner in which we exchange goods and services.
Students will work through a hands-on exercise allowing participants to start a mock coffee business and buy/sell products on the blockchain network.
Bring your iPads!
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LET’S GET TO
KNOW EACH
OTHER!
Introductions
Name
Grade
Favorite App
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TRADING BASICS
System of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer
Supply Chain
Documented recording and totaling of economic transactions with debits and credits that can either be on paper or in electronic format
Ledger
Legally-binding agreement which recognizes and governs the rights and duties of the parties to the agreement
Contracts
Conduit for trading goods and services between suppliers and buyers – the middle-man
Intermediaries
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Source: Blockchain for Dummies,
2nd Ed., Manav Gupta, John Wiley
EXAMPLE: VEHICLE OWNERSHIP
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THE OLD WAY
Source: https://ibm.com/blockchain/what-is-blockchain
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WHAT IS
BLOCKCHAIN?
Blockchain is a shared,
immutable ledger that facilitates
the process of recording
transactions and tracking assets
in a business network. An asset
can be tangible (a house, a car,
cash, land) or intangible
(intellectual property, patents,
copyrights, branding).
Source: Blockchain for Dummies, 2nd Ed., Manav Gupta, John Wiley
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THE BLOCKCHAIN WAY
Source: https://ibm.com/blockchain/what-is-blockchain
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HOW BLOCKCHAIN WORKS
Source: https://www.youtube.com/watch?v=lD9KAnkZUjU
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BLOCKCHAIN
CHANGES
HOW WE DO
BUSINESS
Source: Blockchain for Dummies,
2nd Ed., Manav Gupta, John Wiley
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HOW BLOCKCHAIN WORKS
Source: https://ibm.com/blockchain/what-is-blockchain
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WHY IS BLOCKCHAIN BETTER FOR BUSINESS?
Source: https://ibm.com/blockchain/what-is-blockchain
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WHY BLOCKCHAIN?
Savestime
Removescost
Reducesrisk
Increasestrust
Transaction time
from days to near
instantaneous
Overheads and
cost intermediaries
Tampering, fraud
& cyber crime
Through shared
processes and
recordkeeping
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CAR BUYING & REGISTRATION
Source: https://www.youtube.com/watch?v=ZAQVx324mfk
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TRUST IN THE FOOD ECO-SYSTEM
Source: https://www.youtube.com/watch?v=gor0DE7bjqQ
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READY TO TRADE COFFEE?
Source: https://www.youtube.com/watch?v=-VQsMwNCqZ8
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VALUE OF BLOCKCHAIN FOR COFFEE TRADING
• Automation and trust through Smart Contracts•
Reduce friction and improve efficiency by automatically executing business logic agreed
upon by the participants
• Provenance•
Guarantees of coffee bean quality and lineage via the immutable ledger
• Privacy•
Participants have visibility into transactions that is commensurate to their role in the
network
• Growing the Business Network•
New participants of different types (buyers, growers, certification authorities) can join
the network and provide value and new possibilities
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LET’S GET
STARTED!
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DEMO VIDEOSource: https://www.youtube.com/watch?v=suE5KHkESF4&feature=youtu.be
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SHALL WE PLAY THE GAME?
Coffee With Blockchain Coffee With Blockchain
Begin
interactive blockchain experience
Welcome to the
100%9:41 AMSketch
Coffee With Blockchain Coffee With Blockchain
Begin
interactive blockchain experience
Welcome to the
100%9:41 AMSketch
Buyers Growers
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Network: Deep Stem Network
Password: !CantWait4Summer
1. Go to https://ibm.biz/bc-
coffee
2. Choose a Role: Buyer or
Grower
3. Enter your company’s
name
4. Choose a country (not
USA to keep it
interesting)
5. Pick an avatar
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BITCOIN VS. BLOCKCHAIN
Source: https://www.youtube.com/watch?v=MKwa-BqnJDg
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FREE E-BOOK
https://www.ibm.com/blockchain/what-is-blockchain.html
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NEXT STEP: TAKE THE COURSE, EARN YOUR BADGE
https://cognitiveclass.ai/courses/blockchain-course/
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NATIONAL ENGINEERS WEEK CERTIFICATES
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Thank You
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TRADE FINANCE
Source: https://www.youtube.com/watch?v=JEYO8RuS4fM
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BLOCKCHAIN IN ACTION
Source:: https://www.youtube.com/watch?v=hHkc-DH0ep4