Blockchain Technology

An Overview
MRT
AGENDA

 Introduction to Blockchain World

 Blockchain Enabled Transaction Lifecycle

 Global Blockchain Market

 Conclusion
Introduction to Blockchain World
 Blockchain is a growing list of records called blocks
TYPES
 Blocks are linked using cryptography CENTRALIZED DECENTRALIZED DISTRIBUTED

 Each block contains a cryptographic hash of the previous block

 Blockchain records timestamp and is resistant to modification of data

 Blockchain is a distributed ledger which records transactions efficiently

 Blockchain was invented by Satoshi Nakamoto in 2008

 Blockchain is the public transaction ledger of the cryptocurrency bitcoin

Blockchain Enabled Transaction Lifecycle
Global Blockchain Market (1/2)
Global Block Chain Market Size The global market for blockchain at $548 million in
2017 is anticipated to reach $2.31 billion in 2021.

Figures for 2019,2020 &

2021 are estimated Source : Statista Report 2018 (www.statista.com)
Global Blockchain Market (2/2)
ETHEREUM Drivers
CLASSIC Market Cap - Cryptocurrencies  Transparency and immutability
15%
of the distributed ledger
IOTA MIOTA
1%
technology
DASH DASH
 Growing remittance in
1% developing countries
 High cost of remittance across
RIPPLE
8% the border
BITCOIN  Fluctuating monetary
51% regulations
ETHEREUM
 Significant increase in venture
24%
capital investments

BITCOIN ETHEREUM RIPPLE

DASH DASH IOTA MIOTA ETHEREUM CLASSIC

Source – Gartner 2018 report on Crypto currency 33% of Investment Bankers in Wall street have invested in
crypto currencies
Conclusion
 There has been inevitable criticism about the public
nature of the Blockchain and its encroachment on
individual privacy

 Blockchain technology has also been criticized as a forum

for use in illegal activities, and in particular the transfer of
the proceeds of crime

 Organizations will have to give considerable thought to

where and how to apply the Blockchain

 Nevertheless, the technology and/or its derivatives

represent a real opportunity to all those connected with
the future of business.
Thank You