2. 2
• What is a Blockchain ?
• How does a Blockchain work ?
• Industries The Blockchain Will Disrupt
• Smart Contract
• Blockchain SWOT analysis .
• Blockchain Market Space & Forecast
• Cryptocurrency Market Overview
• Non Financial use case of BlockChain
3. Blockchain is a shared, distributed 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 like intellectual
property, such as patents, copyrights, or branding. Virtually anything of value
can be tracked and traded on a blockchain network, reducing risk and cutting
costs for all involved.
• Transparent
• Safe
• Auditable
• Resistance to outage
• Democratic
• Decentralized
• Efficient
• Secure
3
12. 12
Smart contracts help you exchange money, property, shares, or
anything of value in a transparent, conflict-free way while avoiding the
services of a middleman.
The best way to describe smart contracts is to compare the technology
to a vending machine. Ordinarily, you would go to a lawyer or a notary,
pay them, and wait while you get the document. With smart contracts,
you simply drop a bitcoin into the vending machine (i.e. ledger), and
your escrow, driver’s license, or whatever drops into your
account. More so, smart contracts not only define the rules and
penalties around an agreement in the same way that a traditional
contract does, but also automatically enforce those obligations