Assignment for next week (10/4)

1. Assignment for next week (10/4) • Topics to address: • A. Why over 90% of blockchain projects established in the last two years are dead? • https://www2.deloitte.com/insights/us/en/industry/financial-services/evolution-of-blockchain-github-platform.html • https://knowledge.insead.edu/economics-finance/icos-and-financing-blockchain-projects-9341 • B. “Using blockchain as a disruptor” which application and company is more likely to succeed? https://www.forbes.com/sites/andrewrossow/2018/07/10/top-10-new-blockchain-companies-to-watch-for-in-2018/#350d993f5600 • C. “Smart contracts will eventually automate the mass personalization of value exchange,” But is blockchain’s smart contract ready for business worlds? • D. What is Ethereum; as a “smart contract living in blockchain”, as a “world computer” • https://www.ethereum.org/ • http://www.coinscrum.com/wp-content/uploads/2016/06/EthereumForBeginners.pdf • “dApps : Ethereum vs Qtum” • What Ethereum differs from Bitcoin? • F. Is Bitcoin sustainable in the long run? • What is miner actually doing in Bitcoin egosystem? https://www.buybitcoinworldwide.com/mining/https://www.investopedia.com/news/top-bitcoin-mining-pools/ https://medium.com/coinmonks/how-a-miner-adds-transactions-to-the-blockchain-in-seven-steps-856053271476 • Bitcoin’s BTC like Gold or what! • Vulnerability: Sabotage, Hacks, Theft : https://en.bitcoin.it/wiki/Weaknesseshttps://faculty.chicagobooth.edu/eric.budish/research/Slides-Economic-Limits-Bitcoin-Blockchain.pdfhttp://faculty.chicagobooth.edu/eric.budish/research/Economic-Limits-Bitcoin-Blockchain.pdf

2. Assignment for next week (10/4) • Topics to address: continue… • G. What Ripple is! • Settlement Network for frictionless payment/exchange platform https://ripple.com/https://globalcoinreport.com/ripples-xrp-above-50-usd-with-10-percent-swift-business/ • How Ripple’s XRP differs from Bitcoin’s BTC? Ripple’s XRP likes commodity diamonds? • H. “Blockchain-as-a-Service (BAAS)” Review Vechain’s business-- why is Vechain’s VET token generating so much attention in 2018 cryptocurrency? • https://cdn.vechain.com/vechain_ico_ideas_of_development_en.pdf • https://cdn.vechain.com/vechainthor_development_plan_and_whitepaper_en_v1.0.pdf • https://cdn.vechain.com/vechain_national_government_partnership_guian_release.pdf • https://www.asiacryptotoday.com/vechain-mainnet-launch/ • I. Pros and Cons Debate on Blockchain • Blockchains are ‘trustless’ vs Blockchains always require some degree of trust • Blockchains are immutable or ‘tamper-proof’ vs Transactions on a blockchain network can be reversed by network participants under specific circumstances • Blockchains are 100% secure vs Blockchains are not automatically more secure than other systems • Blockchains are ‘truth machines’ vs GIGO (‘garbage in, garbage out’) applies to every blockchain that uses non-native digital assets and/or external data inputs

3. Assignment for next week (10/4) • Review: • Use cases of 2018: https://www.forbes.com/sites/yoavvilner/2018/06/27/5-blockchain-product-use-cases-to-follow-this-year/#2c3dc0001b60 • Handout: Blockchain and Distributed Ledger Technology (DLT) http://danieleewww.yolasite.com/2018-mgb070.php Part I Introduction, Part II: Use Cases and Application • Assignment: • Group 1: Pro Bitcoin, Use Case • Group 2: Pro Bitcoin, Use Case • Group 3: Con Bitcoin, Use Case • Group 4: Con Bitcoin, Use Case

4. Research Projects • Analysis of Bitcoin, Ethereum, Ripple, and Litecoin • Compelling use cases for blockchain technology

5. DIY project proposal • Ethereum: build your own smart contract and design and issue your own cryptocurrency https://www.ethereum.org/greeter • OST:  use OST KIT⍺ as a testbed to manage your token economy https://dev.ost.com/docs/alpha.html https://kit.ost.com/sign-up • My Wish : Create your smart contract without coding https://mywish.io/ • NEO : https://neo.org/ • Become a developer: http://www.blocklearn.xyz/ https://academy.b9lab.com/