The invention of Bitcoin technology solved the seemingly impossible Byzantine Generals Problem in computer science and has huge implications beyond just being a currency. Visionaries are building Bitcoin 2.0 to take advantage of a system where consensus is derived in a secured and decentralized public ledger. Exciting ideas around smart contracts that have been around for decades are now possible. Distributed autonomous corporations pose a new way of providing ‘Security by Math’ and thus making current financial relationships inefficient and even irrelevant. History will repeat itself as we will say, “I just replaced your entire industry with 100 lines of Python code”. Like it or not, you can’t un-invent a technology, and solving the Byzantine Generals Problem is creating completely new paradigms for how we can communicate globally. All businesses should learn about “Bitcoin the technology” to understand why so many people are excited about the greatest invention since the internet.

Event hashtag: #BitcoinDSW

Update: Slides

Slides from this session are available at: https://docs.google.com/presentation/d/1BgyEm2Ly6_bjyhQXod-5f0O5y9tzWtc_bhBxKiRz6pU/edit#slide=id.g3b20db6fc_0122