Why Blockchain Matters More Than You Think!

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Published 2017-09-07
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The Blockchain and it's potential simply explained.

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Sources:

Dr. Adrian McCullagh Ph D. (IT Sec), LL.B., GAICD.
Ph.D. Research Supervisor at the University of Queensland

www.economist.com/news/briefing/21677228-technolog…

Some footage retrieved from “The real value of bitcoin and crypto currency technology - The Blockchain explained”:    • The real value of bitcoin and crypto ...  

Animations by Beeple: www.beeple-crap.com/vjclips.php

www.computerworlduk.com/data/bank-of-england-pushe…

futurism.com/six-banking-giants-have-decided-to-pa…

futurism.com/microsoft-is-embracing-blockchain-wit…

buff.ly/2eMO8jk

Previous video on Blockchain basics and other extra learning:    • But how does bitcoin actually work?  

//Soundtrack//

0:00 Schmoov! – Playground

1:00 Zero 7 - Give it Away

2:30 Uppermost Machine Code

4:19 Need a Name - White Truffle

5:22 Andre Sobota - Concluded (Original Mix)

7:50 Pacific Coliseum - Ocean City

10:18 Hammock Lights Will Draw You Back (Bonus Track)

11:25 Movediz – Prayer

14:07 The 1975 – Intro/Set3 (Bear//Face Remix)

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All Comments (21)
  • @78g476
    We should use blockchain in govt. to know how our taxes are being spent.
  • @BrownCreature
    The internet allowed us to talk to each other, now the blockchain allows us to agree on what each of us said
  • @curiousSloth92
    "You don't want to send someone 5000$ and still have 5000$" I don't quite agree with this...
  • @marcbennett9050
    I cringe at those "oracles" you mentioned who will be granted special access to make changes to the blockchain. This will just open the door to corruption and someone paying them off for personal gain. Leave humans out of this system completely!
  • @wadebradley7388
    I am and have for years been a YOu TUBE addict~! I LOVE shows on YT> But your show my friend, I literally cannot wait for ANY new video from you. You do the best investigative work of ANYONE else on YT! I wished someone would give you a show, ONLY so you could get filthy rich like you deserve man! You are AWESOME!! PLEASE dont EVER stop making videos! You ROCK brother!! Hello from the states. Georgia to be exact!!
  • @SA3D.505
    I always love the way that this channel keeps me informed and updated of the major technological developments. Much respect <3
  • @sticky_bryce
    Great great great video! You are becoming my favorite tech news sources. I also really appreciate the proper sourcing, it gives you a lot more credibility.
  • @h1017412
    This channel use the new version of the "Beyond 2000" series I used to watch in the 80s. Thanks for the great content.
  • @Mikesco3
    I've been looking for good videos to try to explain this fascinating subject to non tech-heads. This one is definitely going into my playlist. Also amazing ability to present this in a concise yet entertaining way
  • @Herblore7
    In response to 0:44 "The technology invented to power this new system, was called "blockchain" and Nakamoto's paper was its grand unveiling." The real innovation by Satoshi Nakamoto is not the blockchain, or the underlying cryptography functions, or the hash-based proof of work algorithm to incentivize nodes (miners) to join the network to validate transactions. All of these had been described in papers by past researchers. The real innovation lies in combining all of this research together and writing the initial open source code to create the world’s first currency and banking system that cuts out the middle men and government power over people.
  • @samdurden7683
    Mate! This is one of the best Blockchain videos I ever seen! A nice mix of amazing valuable content, candy beats and Boss interview with the lawyer! Congratulations! And please keep going with this kind of style! Cheers!
  • @WrvrUgoThrUR
    THE MOST comprehensive video I've seen YET on Blockchain and cryptocurrency.
  • @ronburgandy1475
    NEVER FORGET of its NOT DECENTRALIZED it's useless and a probability that it's fraudulent or at least totally open to it.. This is extremely important to remember
  • @sujoy081
    Thanks for working on this topic and sharing it in such an easy way, this was really informative.
  • @tomikk86
    love your videos mate! great information! also big up for putting "Schmoov! - Playground" there!
  • @FaustoCaldini
    oracles, shared system... Someone remembers Matrix?
  • @jaman585
    The music and Visuals in your videos are amazing !
  • @joeystreur9860
    woow, just found this channel, its so informative, straight forward, explained on an easy to grasp level. thankst for putting in the time man was a lovely watch! u got yourself a new subscriber =]