MY IT TRENDS

GREGORY R. ESTIOKO JR.

BSIS-1A
MY IT TRENDS MENU
BLOCKCHAIN
BLOCKCHAIN & DECENTRALIZ
ATION
BLOCKCHAIN CRYPTOGRAPHY
Web3 Business Models
WHAT IS BLOCKCHAIN TECHNOLOGY?

• Blockchain is a method of recording

information that makes it impossible
or difficult for the system to be
changed, hacked, or manipulated. A
blockchain is a distributed ledger that
duplicates and distributes
transactions across the network of
computers participating in the
blockchain.
• A blockchain is “a distributed database that
maintains a continuously growing list of
ordered records, called blocks.” These blocks
“are linked using cryptography. Each block
contains a cryptographic hash of the previous
block, a timestamp, and transaction data.

• Blockchain technology is a structure that

stores transactional records, also known as
the block, of the public in several databases,
known as the “chain,” in a network connected
through peer-to-peer nodes. Typically, this
storage is referred to as a ‘digital ledger.’
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 BLOCKCHAIN &
DECENTRALIZATION

• Blockchain is a method of recording

information that makes it impossible
or difficult for the system to be
changed, hacked, or manipulated. A
blockchain is a distributed ledger that
duplicates and distributes
transactions across the network of
computers participating in the
blockchain.
• A blockchain is “a distributed database that
maintains a continuously growing list of
ordered records, called blocks.” These blocks
“are linked using cryptography. Each block
contains a cryptographic hash of the previous
block, a timestamp, and transaction data.

• Blockchain technology is a structure that

stores transactional records, also known as
the block, of the public in several databases,
known as the “chain,” in a network connected
through peer-to-peer nodes. Typically, this
storage is referred to as a ‘digital
Click ledger.’
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 BLOCKCHAIN &
CRYPTOGRAPHY

• Cryptography is a key part of blockchain

technology and used in various ways.
• Public-key encryption is used for
blockchain wallets and transactions,
cryptographic hashes link each block to
the previous block, and Merkle trees
organize transactions. Among other
things, secret sharing algorithms and
zero-knowledge proofs are currently
investigated and highly relevant for
blockchain and Web 3 apps.
• Cryptography in Blockchain is a type of
internet security that is used to provide
security and helps users maintain data
on the web providing credibility and
data security. Digital encryption
techniques act as core elements of
blockchain technology assuring the
security of user information and
safeguarding user transaction
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 WEB3 BUSINESS MODELS

• Blockchain and Web 3 enable new

business & revenue models.
• Web 3 is called “token economy”
since it allows reading, writing
and the value transfer through
tokens. New business models,
different value chains and
adaptations from existing
business models are expected.
• Web3 adds an economic layer and
a rights layer to the Internet
stack, where users can not only
track the provenance of
information and intellectual
property but also protect, manage,
and monetize these digital assets
themselves with transparency
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