DeveloperWeek 2020

At the center of the innovation of Bitcoin is the Bitcoin Blockchain. It is a set of technologies that have been assembled to create a system that enables participants to cooperatively create and maintain a cryptocurrency. Its ability to elegantly define and maintain an entire ecosystem of value has inspired many to consider how it could be applied to other domains beyond cryptocurrency. However, this particular combination of game theory and technical components creates a system that encourages participants to behave in ways that are good for a cryptocurrency, not necessarily for many other domain-specific problems.
The effective application of blockchain technology requires a more custom design of technical and social components. In this talk, we’ll provide a basic overview of blockchains and how they work, deconstruct blockchain to its relevant technical components to show how they interact, and illustrate how one can build up a domain-specific system using a sub-set of these components. Lastly, we’ll provide an example of how Intuit has created technology inspired by blockchain, disposing large parts and adding new concepts.