What is blockchain?
What are examples of how blockchain is being used for business?
Will blockchain impact my business?
What can I learn and do right now for my business?
Presented by Amy Neumann at Power Hour CLE August 22, 2019. #Cleveland #blockchain
How Blockchain Is Impacting Business Right Now - Amy Neumann Power Hour CLE August 2019
1. The Future Is Here:
How Blockchain Is
Impacting Business Right Now
Amy Neumann
August 22, 2019
2. 2
Agenda
What is blockchain? Will blockchain impact
my business?
What are examples of
how blockchain is being
used for business?
What can I learn and do
right now for my
business?
3. 3
Why all the sudden global interest?
• Blockchain has made massive strides into our daily lives.
• Whether we recognize blockchain by its name or not, more and
more systems are being used by us daily that involve blockchain
technology.
• And, the rate of creation for new ways to use it is escalating rapidly.
4. 4
A Quick Blockchain Explainer Video
https://www.youtube.com/watch?v=ubw732ewPko&feature=youtu.be
5. 5
What Is Blockchain?
The internet we have
today is the internet of
information.
It’s about being able to
give or receive any
information you want to
create, find, or send to
someone, and easily
sharing or receiving that
information instantly.
That’s today’s internet.
Blockchain – the next
internet - is the internet
of value. The internet of
value exchange.
It’s about anything you
want to give or receive
that can only have one
owner at one time
(money, identity,
intellectual/artistic
rights, land or property
titles and deeds, degrees
or certifications), and
easily exchanging value,
rights, or authentication
related to those things
instantly.
Blockchain is a
permanent (immutable),
time-stamped record
(database, or ledger) of
who owns what at any
given time, agreed to by
everyone participating,
that cannot be changed
or tampered with, due to
the computer code
behind blockchain
technology.
6. 6
What Is Blockchain? A Short Summary
• No one entity owns a public blockchain. It is a shared, peer-
to-peer network.
• Everyone using it agrees that the credibility and trust is
created within the blockchain technology itself.
• Therefore, it eliminates the need for third-party services to
establish trust (example: banks).
• Parties can confidently exchange money, goods, services, or
authentication of identity or credentials, without third-party
intermediaries.
10. Blockchain for Social Impact
Case Study Examples
https://www.gsb.stanford.edu/sites/gsb/files/publication-
pdf/study-blockchain-impact-moving-beyond-hype.pdf
11. 11
Will Blockchain Impact my Business?
• Blockchain will impact, and is already impacting, most
types of systems and organizations.
• Some impact will be more immediate, and some more in
the future. Even now, however, there are many current
uses that are exciting for business that we can garner
ideas from for our own organizations. The more you
learn now, the more seeds will be planted for later!
• Being mindful of equity, inclusion, and preventing
human bias are all critical to design and implementation
of blockchain and other technology solutions.
12. 12
Can Technology Help Achieve Your Goals?
• Multiple parties generate
transactions that change
information
• In a shared repository
• Parties need to trust that
transactions are valid
• Intermediaries are
inefficient/not trusted
• Enhanced security is
needed
Blockchain:
15. Thank You!
Amy Neumann
Good Plus Tech, LLC
amy@goodplustech.com
@CharityIdeas
https://www.linkedin.com/in/amyneumann/ https://twitter.com/CharityIdeas
You can find this presentation on my SlideShare:
https://www.slideshare.net/amyneumann