the title of my speech so there are a
variety of options come out so first of
all I was thinking whether I should
capitalize on the boots worth of Bitcoin
because you know that Bitcoin has been
considered as one of the most profitable
assets in the world whenever so the
price of Bitcoin has increased by around
a thousand times in the past couple of
years so that’s one option
another option is that I can start with
the endless line of companies of
powerhouses
in the world which are now adopting long
chain so we’re talking about mobile
Facebook Amazon Alibaba and the list is
not exhaustive at all so that’s another
way to look at this technology but since
I have been in this space for not too
long just two years and what I’m doing
is that I’m doing the community building
for long chain so what I think
the emerging technology is that it’s
better to keep a more comprehensive
picture is emerging technology both the
pros and cons the good and the bad the
upside and the downside so ya bet you
can see through the hikes and you can
see how to embrace this technology
anymore probably so that’s the very
first idea to start in this talk and I
also came to know the poaching is
definitely taking off like the awareness
Beauchamp is definitely taking off in
Vietnam so why do I know that I have a
friend who is looking at an auditing
firm so what she’s telling me is that
every day around their lunch time half
up there however colleagues they’re
looking at staring at his computer and
what she you know the movement has been
home every day and they are doing this
kind of trading with Bitcoin and for one
day when we’re having like a dinner
whatever so what she’s like I don’t feel
husband we don’t coming along to dinner
so I was like so what exactly he’s doing
and we have a dinner with him today
and you know she told me that well the
critic currency bitcoin is like traffic
so that’s what he has to stay at home
you know and kind of keep nail biting
his nails waiting for the price to go up
and that’s just happened like on daily
basis and I’m in this like ok this
Bitcoin is actually like you know taking
its toll in Vietnam so a lot of people
will know this but the hike around the
currency and the market training is just
getting way out of control and just from
the name of the program today I think
that people have just touched the tip of
iceberg
so well chain is definitely not the
point there are different concepts and
what people know about my poem is just
part about the iceberg and one of the
underlying technology and Lakshmi has
made so much more than the courtesy
itself and the daily module trading the
people gets in too much title so first
thing first what is energy I mean a lot
of kind of hear my name of a point and a
lot
McCoy does and it is very understandable
just because because of a Bitcoin
predates blockchain just a little bit so
back around like 10 years ago November
2009
so the idea Bubba bitcoin is a global
currency that can transfer across the
border go around the frictions and all
the legacies of banks financial
institutions and governments in the
world and it’s like a global currency
that you can pay directly from your
Hogan or from your woman to another
person within a very short amount of
time and an affordable cost so that’s
where it started
so the idea of a Bitcoin is too good to
be true so to realize the concept of
Bitcoin people you know with this
concept of blockchain has come into the
way so actually what’s different from
blockchain is that for now you don’t
have to rely on a database of the bank
or a government you know how to rely on
the book of a black market
to keep track of your transactions so
now every single transaction that you’ve
done to all the other people who can be
quoted on a transparent and public
database that everyone can look up
what’s happening in that database but
the data is very hard to change or
reverse so that’s the top line concept
so now I’m going to talk about a
specific use case so I believe that all
of you here are familiar with gaming
services so we would talk about how the
different how it’s going to be different
if we were around a dog’s ball chain so
and a driver or either as a customer you
might have shared some confusing moments
like me first of all I have no idea how
hunter is Christ I just have to accept
whatever it is posted on a mobile
platform and if I am unlucky not to go
ahead
let’s say during rush hours or when it
is raining definitely the price just
increase because on the pump on the
admin is saying price increases due to
high demands so what’s the logic behind
that and until now I can still not get
what the logic is behind that
calculation and I just have to accept
what every names coated in their
platform that’s the first thing
so the second thing is that whatever you
do with whether it’s review whether it’s
payment whether it’s quotation
everything has everything is stick to
their platform so if there’s any problem
with that platform whether it is the
system is crashed the system is hacked
both the driver and the customer unless
paralyzed and confused it has begun into
anything
service and last but not least I don’t
know how my data is being shared who’s
viewing my danger who is using my data
and how they speak share with other
people we all want to take in that small
magical mother say I agree to the terms
and condition of the app before you only
have great but not here and really read
or understand what those terms and
conditions can fail so actually I have
no idea why my own personal details have
been handled with rather uber I have no
guarantee but I have no way to verify
that so what’s going to be different if
you apply blockchain on-ramp Oh uber
platform so here’s the thing first of
all you will be the one who knows the
man through the transaction so you are
the one who raised the invitation on the
horizon that matches your budget and if
the price matches with it remember that
off you go you can have never tarnish a
guarantee from the customer to the
then you can pay directly from your
wallet to the driver’s wallet and also
simple change is the transparent
database you can actually review your
transaction whether it’s going through
whether it has reached the tremors or
whether there’s any problem with payment
processing and also a very important
thing
blockchain runs 24/7 there’s no downtime
to poaching unless there’s a global
blackout or like a major internet cutoff
as long as one computer within the
system which is still Monday that the
whole system will still keep running and
the whole system is very resilient
against a clean watching so we have
talked about the concept we have talked
about
so we will talk a little bit more about
the applications so as as I mentioned so
bitcoin is definitely the most popular
application on voting and there are a
variety of currencies out there that did
do more transactions deliver high-value
transactions at lightning speed but then
other than currencies there are multiple
you know avenues where you can explore
with babji technology support instance
we don’t allow a transparent database or
it can review more transactions which
are taking things which things that you
can definitely change the way we
invalidate legal regions of progress of
anything imagining that the diamond
which is mined from underground
once it is mined up there it will be
encoded with a special ID and from then
on
is transected from one person to another
all these details will be reported on
blockchain and if you as the next person
who is going to buy a map title you can
definitely go back to watch a look at
the transaction and get verified that
the diamond is real or genuine so that’s
one thing that’s about the allegiance of
products also become but the similarity
logical with this free marketplace when
you can do these transaction is really
for now you can transact literally
everything not only drive and it’s about
access it’s about men power it’s about
even solar energy for poaching it can
help you to let’s say total nice can
access and put that on a marketplace and
what you can do is then you can fully
transact whatever accessing configures
on this transparent database and
last-ever beneath visits also whatever
most of our chain because when it comes
across
technology 4.0 like it antenna fix it
can bring like a plethora of
applications that you can never think of
my personal favorite example is a an
application called solar coin so what
they do is that the issue this currency
within their platform and they use the
the panels on your roof to the national
ripped and it can have the transaxle
energy to relief from your house to your
neighbor’s house and everything can be
done that very promptly and an
affordable cost so I need the little
chain there are a variety of things that
you cannot think of any other technology
but of course that’s the bright side all
the website there are a variety of
challenges as well server instance
blockchain duty with nature the
transaction effectively is limp
attentive it cannot match with the
transaction and with Visa MasterCard and
other payment transactions also
launching or midpoint and on the
application still and that properly
regulated in a variety restrictions even
in Vietnam so let me also ask me so
weather and change or Bitcoin is now
which it demise to get now I think the
answer is still to be do is we cannot
tell because actually in the government
the users and
we’re trying to get our mind to act
around what actually we should perceive
blockchain of annoying whether it’s a
currency when there is a smashing time
asset or whether it is a special tiny
goods so the conversation is still
ongoing but I believe that everyone
including the regulator’s academia
startups and students everyone is driven
by innovation and the technology itself
will eventually be leveraged and
regulated in the most optimal way that’s
going to work out with everyone in here
so also still I’ve told a lot of other
sensing applications approaching but
still the technology to do very melee is
just been there for eight years and
still has a lot of mainstream ready to
use applications still what are people
attractive I some way to make these
floating applications more friendly to
users more an even easier to use
no sir to make the interfaces somehow it
looks like a normal application
they weren’t going and but still we have
to get to account those challenges when
we think about embracing the change
technology so just to share a little bit
more now Vietnam so for my country we
are lucky enough to be in the space but
you use so we’ve done a quite a few
things around the community and we have
– you know massive interest in this
technology in the last six months so we
don’t know that it’s also made with
around 30 tech giants and tech startups
in Vietnam and around 80% of them
believe and trust and cost efficiency
are the biggest seller that blockchain
can add on to the existing system and
half of them believe and of G is gonna
drive the next three years and being a
person in this changing advocating space
this is a very exhilarating experience
for me and I think that we
Vietnam which is like such a small
number but this list is not exhaustive I
believe that dr. Eve you can be one of
these intruders within finds their
profits between 14 and your solutions so
I think boil it down I have so many
things to show you but then when it
comes to the conclusion boiling down why
would be the best thing that I have on
table I think that that reminds me of
the old story in the old day when we are
in a small village when we know exactly
how many points how many money we have
how much money we have in our pocket and
you know every single person in the
village and there’s no need for anything
for any government to verify who we are
and how much as that we have I think the
change somehow helps to bring back that
original beauty of ownership the very
basic right of humans so with no chain
you can definitely improve your access
you can prove you are with this without
having to go through all the complexity
of of intermediaries banks or financial
institutions and so on I mean either
when you can solve this basic right of
human like the ownership make it so
beautiful and so simple that’s gonna
help see how we look so much better than
all the complex
all the flashy technologies that you can
slightly in the security and the line
did you can put your hand in your
handprints and your fingerprint
alongside your footprint thank you much [Applause]
variety of options come out so first of
all I was thinking whether I should
capitalize on the boots worth of Bitcoin
because you know that Bitcoin has been
considered as one of the most profitable
assets in the world whenever so the
price of Bitcoin has increased by around
a thousand times in the past couple of
years so that’s one option
another option is that I can start with
the endless line of companies of
powerhouses
in the world which are now adopting long
chain so we’re talking about mobile
Facebook Amazon Alibaba and the list is
not exhaustive at all so that’s another
way to look at this technology but since
I have been in this space for not too
long just two years and what I’m doing
is that I’m doing the community building
for long chain so what I think
the emerging technology is that it’s
better to keep a more comprehensive
picture is emerging technology both the
pros and cons the good and the bad the
upside and the downside so ya bet you
can see through the hikes and you can
see how to embrace this technology
anymore probably so that’s the very
first idea to start in this talk and I
also came to know the poaching is
definitely taking off like the awareness
Beauchamp is definitely taking off in
Vietnam so why do I know that I have a
friend who is looking at an auditing
firm so what she’s telling me is that
every day around their lunch time half
up there however colleagues they’re
looking at staring at his computer and
what she you know the movement has been
home every day and they are doing this
kind of trading with Bitcoin and for one
day when we’re having like a dinner
whatever so what she’s like I don’t feel
husband we don’t coming along to dinner
so I was like so what exactly he’s doing
and we have a dinner with him today
and you know she told me that well the
critic currency bitcoin is like traffic
so that’s what he has to stay at home
you know and kind of keep nail biting
his nails waiting for the price to go up
and that’s just happened like on daily
basis and I’m in this like ok this
Bitcoin is actually like you know taking
its toll in Vietnam so a lot of people
will know this but the hike around the
currency and the market training is just
getting way out of control and just from
the name of the program today I think
that people have just touched the tip of
iceberg
so well chain is definitely not the
point there are different concepts and
what people know about my poem is just
part about the iceberg and one of the
underlying technology and Lakshmi has
made so much more than the courtesy
itself and the daily module trading the
people gets in too much title so first
thing first what is energy I mean a lot
of kind of hear my name of a point and a
lot
McCoy does and it is very understandable
just because because of a Bitcoin
predates blockchain just a little bit so
back around like 10 years ago November
2009
so the idea Bubba bitcoin is a global
currency that can transfer across the
border go around the frictions and all
the legacies of banks financial
institutions and governments in the
world and it’s like a global currency
that you can pay directly from your
Hogan or from your woman to another
person within a very short amount of
time and an affordable cost so that’s
where it started
so the idea of a Bitcoin is too good to
be true so to realize the concept of
Bitcoin people you know with this
concept of blockchain has come into the
way so actually what’s different from
blockchain is that for now you don’t
have to rely on a database of the bank
or a government you know how to rely on
the book of a black market
to keep track of your transactions so
now every single transaction that you’ve
done to all the other people who can be
quoted on a transparent and public
database that everyone can look up
what’s happening in that database but
the data is very hard to change or
reverse so that’s the top line concept
so now I’m going to talk about a
specific use case so I believe that all
of you here are familiar with gaming
services so we would talk about how the
different how it’s going to be different
if we were around a dog’s ball chain so
and a driver or either as a customer you
might have shared some confusing moments
like me first of all I have no idea how
hunter is Christ I just have to accept
whatever it is posted on a mobile
platform and if I am unlucky not to go
ahead
let’s say during rush hours or when it
is raining definitely the price just
increase because on the pump on the
admin is saying price increases due to
high demands so what’s the logic behind
that and until now I can still not get
what the logic is behind that
calculation and I just have to accept
what every names coated in their
platform that’s the first thing
so the second thing is that whatever you
do with whether it’s review whether it’s
payment whether it’s quotation
everything has everything is stick to
their platform so if there’s any problem
with that platform whether it is the
system is crashed the system is hacked
both the driver and the customer unless
paralyzed and confused it has begun into
anything
service and last but not least I don’t
know how my data is being shared who’s
viewing my danger who is using my data
and how they speak share with other
people we all want to take in that small
magical mother say I agree to the terms
and condition of the app before you only
have great but not here and really read
or understand what those terms and
conditions can fail so actually I have
no idea why my own personal details have
been handled with rather uber I have no
guarantee but I have no way to verify
that so what’s going to be different if
you apply blockchain on-ramp Oh uber
platform so here’s the thing first of
all you will be the one who knows the
man through the transaction so you are
the one who raised the invitation on the
horizon that matches your budget and if
the price matches with it remember that
off you go you can have never tarnish a
guarantee from the customer to the
then you can pay directly from your
wallet to the driver’s wallet and also
simple change is the transparent
database you can actually review your
transaction whether it’s going through
whether it has reached the tremors or
whether there’s any problem with payment
processing and also a very important
thing
blockchain runs 24/7 there’s no downtime
to poaching unless there’s a global
blackout or like a major internet cutoff
as long as one computer within the
system which is still Monday that the
whole system will still keep running and
the whole system is very resilient
against a clean watching so we have
talked about the concept we have talked
about
so we will talk a little bit more about
the applications so as as I mentioned so
bitcoin is definitely the most popular
application on voting and there are a
variety of currencies out there that did
do more transactions deliver high-value
transactions at lightning speed but then
other than currencies there are multiple
you know avenues where you can explore
with babji technology support instance
we don’t allow a transparent database or
it can review more transactions which
are taking things which things that you
can definitely change the way we
invalidate legal regions of progress of
anything imagining that the diamond
which is mined from underground
once it is mined up there it will be
encoded with a special ID and from then
on
is transected from one person to another
all these details will be reported on
blockchain and if you as the next person
who is going to buy a map title you can
definitely go back to watch a look at
the transaction and get verified that
the diamond is real or genuine so that’s
one thing that’s about the allegiance of
products also become but the similarity
logical with this free marketplace when
you can do these transaction is really
for now you can transact literally
everything not only drive and it’s about
access it’s about men power it’s about
even solar energy for poaching it can
help you to let’s say total nice can
access and put that on a marketplace and
what you can do is then you can fully
transact whatever accessing configures
on this transparent database and
last-ever beneath visits also whatever
most of our chain because when it comes
across
technology 4.0 like it antenna fix it
can bring like a plethora of
applications that you can never think of
my personal favorite example is a an
application called solar coin so what
they do is that the issue this currency
within their platform and they use the
the panels on your roof to the national
ripped and it can have the transaxle
energy to relief from your house to your
neighbor’s house and everything can be
done that very promptly and an
affordable cost so I need the little
chain there are a variety of things that
you cannot think of any other technology
but of course that’s the bright side all
the website there are a variety of
challenges as well server instance
blockchain duty with nature the
transaction effectively is limp
attentive it cannot match with the
transaction and with Visa MasterCard and
other payment transactions also
launching or midpoint and on the
application still and that properly
regulated in a variety restrictions even
in Vietnam so let me also ask me so
weather and change or Bitcoin is now
which it demise to get now I think the
answer is still to be do is we cannot
tell because actually in the government
the users and
we’re trying to get our mind to act
around what actually we should perceive
blockchain of annoying whether it’s a
currency when there is a smashing time
asset or whether it is a special tiny
goods so the conversation is still
ongoing but I believe that everyone
including the regulator’s academia
startups and students everyone is driven
by innovation and the technology itself
will eventually be leveraged and
regulated in the most optimal way that’s
going to work out with everyone in here
so also still I’ve told a lot of other
sensing applications approaching but
still the technology to do very melee is
just been there for eight years and
still has a lot of mainstream ready to
use applications still what are people
attractive I some way to make these
floating applications more friendly to
users more an even easier to use
no sir to make the interfaces somehow it
looks like a normal application
they weren’t going and but still we have
to get to account those challenges when
we think about embracing the change
technology so just to share a little bit
more now Vietnam so for my country we
are lucky enough to be in the space but
you use so we’ve done a quite a few
things around the community and we have
– you know massive interest in this
technology in the last six months so we
don’t know that it’s also made with
around 30 tech giants and tech startups
in Vietnam and around 80% of them
believe and trust and cost efficiency
are the biggest seller that blockchain
can add on to the existing system and
half of them believe and of G is gonna
drive the next three years and being a
person in this changing advocating space
this is a very exhilarating experience
for me and I think that we
Vietnam which is like such a small
number but this list is not exhaustive I
believe that dr. Eve you can be one of
these intruders within finds their
profits between 14 and your solutions so
I think boil it down I have so many
things to show you but then when it
comes to the conclusion boiling down why
would be the best thing that I have on
table I think that that reminds me of
the old story in the old day when we are
in a small village when we know exactly
how many points how many money we have
how much money we have in our pocket and
you know every single person in the
village and there’s no need for anything
for any government to verify who we are
and how much as that we have I think the
change somehow helps to bring back that
original beauty of ownership the very
basic right of humans so with no chain
you can definitely improve your access
you can prove you are with this without
having to go through all the complexity
of of intermediaries banks or financial
institutions and so on I mean either
when you can solve this basic right of
human like the ownership make it so
beautiful and so simple that’s gonna
help see how we look so much better than
all the complex
all the flashy technologies that you can
slightly in the security and the line
did you can put your hand in your
handprints and your fingerprint
alongside your footprint thank you much [Applause]
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