Block Chain Tech

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BLOCKCH

AIN
TECHNOL
OGY
PREPARED BY : EYA BEN
DHIEF

1
Introduction
to Blockchain 01 02 Key
Components of
Blockchain
How Blockchain
works ? 03 04 Application
of Blockchain
2
0 Intoduction to
Blockchain

1 3
CENTRALIZ

ATION
44
CENTRALIZATION
 The transaction
will take a lot of
time.
 the remittance fee
might be high .

5
All people are
connected to the
network.

All their money


are registred in
one open ledger.

A ledger is available on
internet for all to be seen

6
100 dinars? Person A

He does the
transaction on
internet .

if the person A balance doesn’t


have the 100 dinars everyone will
reject the transaction

7
Not anyone can see what i have in my
Another name « fake / public » disposition and what anyone else have .

your real information Everyone will have a wallet that will have
your real information wallet and will has
another name « fake / public » to be used
in the ledger and no one can link your real
name with the fake one .

8
Not anyone can see what i have in my
Another name « fake / public » disposition and what anyone else have .

The fake name will be used when you apt for


a transaction and it’s the one that will be
your real information seen by people.
Everyone will have a wallet that will have
your real information wallet and will has
another name « fake / public » to be used
in the ledger and no one can link your real
name with the fake one .

9
a hacker comes and change all data in this
open ledger so this is a potential risk !

Here where the blockchain ( the public


destributed ledger ) shows.

Instead of having one ledger seen by all ,


each one of the network will have his own
copy of that ledger and all transaction are
reordered in all copies.

10
What is
Blockchain?

A distributed digital Data is stored in chained blocks


ledger.
a database that stores records and the blocks are linked together to form a
transactions on multiple computers. blockchain. each block references the
block preceding it.
11
Blockchain protocol possesses three fundamental traits

Mercury
Decentralized Peer to Peer Distributed
decentralized network of The nodes in the Each node has a copy
computers where no single network communicate of the entire ledger, and
entity or authority has control directly with each other transactions are
over the entire system. without the need for recorded in blocks.
intermediaries.

12
1980

Advent of
cryptographic 1989
signatures

THE
Digicash enables
exchange via
1991 email.

BLOCKCH Suggesting time


stamping for
digital documents
Late 90’s

Incorporation of

AIN 2005

"bit gold", a
Merkle Trees

HISTORY decentralized digital 2008


currency. Introducing
Blockchain
Technology for
Bitcoin transactions
13
Blockchain’s evolution

Blockchain 2.0
Enterprise & Blockchain 4.0
Cryptocurrency Institutional
Blockchains

2015 Now
2008 2017

Smart Contract- New Generation


Blockchain 1.0 Based Ledgers Blockchain 3.0 Technology

14
Types of Blockchain
Public
blockchain
Hybrid
blockchain

Private Consortium
blockchain blockchain

15
Types of Blockchain
Parameters Public Private Consortium

Permission Permission less Permissioned Permissioned

Decentralization Fully decentralized Centralized Less centralized

Permissioned and known Permissioned and


Participants Anybody entities known entities

Single central authority Multiple central


Authority Anyone
authority

Invited users Depends on


Reading Rights Anyone
scenario

Writing Rights Anyone Approved users Approved users

Speed Slow Fast Fast


1
6
0 Key components of
blockchain

2 19
Key components of
blockchain
Shared ledger The nodes or peers
Smart contracts Transactions are
lines of code that are machines that maintain
recorded and stored the transactions and
stored on the ledgers on a distributed
on the blockchain records on the blockchain
ledger. network.

Consensus Blocks
Transactions are Wallet
mechanisms
grouped together to used to store the user’s
A way for multiple
form a block . credentials secure and
parties to agree on the
confidential
accuracy of transactions.

20
0 How Blockchain
works?

3 17
18
0 Blockchain
applications?

4
Blockchain applications

Data cloud- Banking


Management computing

Artificial Supply chain


Healthcare
Intelligence
management

21
Blockchain applications

Data cloud- Banking


Management computing

Metaverse
Artificial Supply chain
Healthcare
Intelligence
management

22
METAVERSE
A combination of multiple elements of technology including
augmented reality (AR) and virtual
reality (VR)
which is developed to mirror our
physical world.

It may be accessed via the internet and it is designed to


encompass the entire social and economic structure that exists
in both the actual and virtual worlds.

23
Metaverse Elements

NFTs Blockchain Cryptocurrencies

a digital token that authenticates digital or virtual currencies


and tracks the value of an asset on underpinned by cryptographic
the Internet. It is consumed by use systems. They enable secure
and can be replaced by things of the online payments without the use
same quality and quantity . of third-party intermediaries.

24
Blockchain
for the
Metaverse

25
Blockchain for the Metaverse - Data
Acquisition
In the metaverse, data acquisition presents
a challenge in terms of ensuring high-quality
and authentic data.

Blockchain Enables data acquisition


systems to overcome constraints in the
metaverse.

26
Blockchain for the Metaverse – Data
sharing
In the metaverse, the blockchain provides data
reliability, transparency, and availability .

Blockchain enhances flexibility and


adaptability in metaverse data.

27
Blockchain for the Metaverse – Data
Privacy
Blockchain gives users of the metaverse the
ability to control their data through the use of
private and public keys, effectively granting
them ownership of their data.

Blockchain aids in privacy preservation,


safeguarding user data.

28
Blockchain for the Metaverse – Data
interoperability
Blockchain will make it simple for people and
applications to connect in the metaverse through
the use of cross-blockchain technology ,
eliminating the need for intermediaries in the
metaverse.

Blockchain increases interoperability


between virtual worlds.

29
Blockchain for the Metaverse – Data
Storage
For every transaction, a new block is created,
making the metaverse storage impenetrable
to tampering.

Blockchain's decentralized nature reduces data


identification time. It also provides data
reliability, transparency, and availability in
the metaverse.

30
1
CROSSWORD D

E 4

PUZZLE
1. Blockchain operates on a
__________ network, reducing the
risk of a single point of failure.
C T

E R
2. Self-executing contracts with the
terms of the agreement directly N A
written into code are called
__________. 2 S M A R T C O N T R A C T
3. _______ is one of the metaverse
R S
elements
4. A ledger stores records and A A
_________
L C
3 B L O C K C H A I N T
Z I
E O

D 31
1
CROSSWORD D

E 4
PUZZLE
1. Blockchain operates on a
Decentralized network, reducing C T
the risk of a single point of failure.
E R
2. Self-executing contracts with the
terms of the agreement directly N A
written into code are called
__________. 2 S M A R T C O N T R A C T
3. _______ is one of the metaverse
R S
elements
4. A ledger stores records and A A
_________
L C
3 B L O C K C H A I N T
Z I
E O

D 32
1
CROSSWORD D

E 4
PUZZLE
1. Blockchain operates on a
decentralized network, reducing the C T
risk of a single point of failure.
E R
2. Self-executing contracts with the
terms of the agreement directly N A
written into code are called smart
contracts . 2 S M A R T C O N T R A C T
3. ________ is one of the metaverse
R S
elements
4. A ledger stores records and A A
_________
L C
3 B L O C K C H A I N T
Z I
E O

D 33
1
CROSSWORD D

E 4
PUZZLE
1. Blockchain operates on a
decentralized network, reducing the C T
risk of a single point of failure.
E R
2. Self-executing contracts with the
terms of the agreement directly N A
written into code are called smart
contracts . 2 S M A R T C O N T R A C T
3. Blockchain is one of the metaverse
R S
elements
4. A ledger stores records and A A
_________
L C
3 B L O C K C H A I N T
Z I
E O

D 34
1
CROSSWORD D

E 4
PUZZLE
1. Blockchain operates on a
decentralized network, reducing the C T
risk of a single point of failure.
E R
2. Self-executing contracts with the
terms of the agreement directly N A
written into code are called smart
contracts . 2 S M A R T C O N T R A C T
3. Blockchain is one of the metaverse
R S
elements
4. A ledger stores records and A A
Transaction
L C
3 B L O C K C H A I N T
Z I
E O

D 35
Thank y u
36
References

• Thien Huynh-The . Thippa Reddy Gadekallu . Weizheng Wang . Gokul Yenduri . Pasika Ranaweera .Quoc-Viet Pham . Daniel
Benevides da Costa .Madhusanka Liyanage .(2023) . Blockchain for the metaverse:A Review Consulted on
https://www.sciencedirect.com/science/article/pii/S0167739X23000493

• Elrom, E. (2019). The Blockchain Developer. In Apress eBooks. Consulted on : https://link.springer.com/book/10.1007/978-1-


4842-4847-8

• Freeman Law. (2023). Blockchain Technology Explained: What is Blockchain and How Does It Work? Consulted on
https://freemanlaw.com/blockchain-technology-explained-what-is-blockchain-and-how-does-it-work-2/

• Kumar Panda , Kumar Jena, Kumar Swain, Chandra Satapathy.(2021). Blockchain Technology: applications and challenges.
In Intelligent systems reference library. Consulted on https://link.springer.com/book/10.1007/978-3-030-69395-4

• Mukherjee, P., & Pradhan, C. (2021). Blockchain 1.0 to Blockchain 4.0—The Evolutionary Transformation of Blockchain
Technology. In Intelligent systems reference library (pp. 29–49).Consulted on
shttps://www.researchgate.net/publication/351263701_Blockchain_10_to_Blockchain_40-
The_Evolutionary_Transformation_of_Blockchain_Technology

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