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When all miners agree the problem has been solved correctly,
the block is added to the chain and is visible to the entire network
The Blockchain Use Cases
CRYPTOCURRENCY
SMART CONTRACT
IOT
What is Cryptocurrency ?
Digital asset or digital currency designed to work as a medium of exchange using
cryptography to secure the transaction
Fortunately, in 2007, Satoshi Nakamoto started working on the Bitcoin concept. On October 31st the
following year, he released his white paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System”
Why Do Cryptocurrencies Exist ?
Cryptocurrencies exist to address weaknesses in traditional currencies which are,
of course, backed by central banks and governments.
● Residents with solar panels can sell excess energy back to their
neighbours, in a peer-to-peer transaction which takes advantage
of blockchain. → create financial incentives
Blockchain for Internet of Things
Chain of Things
Thank you ...
Sesaria Kikitamara, M. Sc
Department of Software Engineering
Universitas Prasetiya Mulya
Email : sesaria.tamara@pmbs.ac.id