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2. Blockchain: preparing for disruption
What is Blockchain and how will it impact governments in the coming years
Title page to include presentation title/topic, speaker, date etc.
October 12, 2017

3. Introduction Jay Schulman Principal Great Lakes Leader for
Security and Privacy
Lead the technology arm of RSM’s Bitcoin and Blockchain Practice.
Looked at the security in cars, pacemakers, welding machines and many applications.

4. Bitcoin vs blockchain
What are we even talking about?

5. What is Bitcoin and Blockchain?
Bitcoin is a cryptocurrency. There are 840 currencies tracked at
As of 8/8/2017

6. What is Bitcoin (and other Cryptocurrencies)
Coins are bought and sold like stocks and commodities, exchanged for other coins, issued to raise money, and used to purchase goods
But….
They aren’t (yet) regulated
The IRS says they’re property (like a house)
The SEC says if it smells like a duck (Howey Test), it’s probably regulated

7. Blockchain
One of the key underlying technologies behind Bitcoin (and other cryptocurrencies) is the blockchain
Standing alone, blockchain has little value
There is an enormous amount of hype around the word “blockchain”

8. What is Bitcoin and Blockchain

9. Cryptocurrencies are good for:
Cryptocurrency
Cryptocurrencies are good for:
Storing value (Bitcoin)
Computing transactions (Ethereum)
Storing Information (Filecoin)

10. How does this apply to Government?
Storing value
Using “coins” to facilitate the supply chain
Multi-country production could use “coins” for payment
Computing transactions
“smart contracts” – if this, then that
You get paid when UPS says your pallet was delivered.
Storing Information
Birth/Marriage Certs, Deeds, tracking, anything where the order of the data and integrity of the data matters

11. Blockchain in Illinois
property deed management
credentialing for students transcripts
a blockchain for health care providers that validates that they are PII certified and they can provide the services.  The process of a provider getting certified in the state and them getting reimbursed is a long, structured process. This will allow the activity to occur electronically through blockchain technology
a clean energy marketplace using blockchain for energy credits
vital records -- we are thinking of putting birth certificates on the blockchain, making them available forever electronically

12. Smart Contracts in Use Today
Media giant Thomson Reuters is opening up its data to smart contract authors building on private versions of the ethereum blockchain and R3's Corda distributed ledger platform.
Released in beta today, a 'smart oracle' called BlockOne IQ (B1IQ) is designed to power smart contracts with the kind of reliable financial information required to let counterparties transact without a middleman. B1IQ allows blockchain participants to leverage the media giant's reputation for providing accurate data about share prices, exchange rates, financial benchmarks and more.

13. Reading Recommendations
Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction (Princeton)
This is a very technical, math, and computer science book
Any Andreas Antonopoulos book
The Internet of Money
Mastering Bitcoin