The Blockchain Ecosystem Transfer of Value Security Regulation The blockchain enables The blockchain's Blockchain employs self the transfer of digital permanent tamperproof governance of transfer assets, representing data record affords of ownership. It may F u various manifestations users a secure means complement existing nc t of value or possessing for conducting regulative systems io inherent value within transactions and through digitization ns themselves. performing other digital and cross-border activity. capabilities. Bitcoin-blockchain dependent Blockchain Technology Independent protocols and platforms Colored coins Utilizes bitcoin- Ripple An infrastructure for creating associated data as unique identifiers to global financial transfer networks, N represent other forms of value or compatible with existing financial o t a assets, allowing the transfer of systems and customizable to meet b ownership between participants. D le specific requirements. ev el Im o p pm le m en e t nt s a t Blockstream An open source Ethereum A platform and coding io framework for developing ‘sidechains’ - language for creating individualized ns a separate blockchain, with its own set blockchain implementations such as & of defined characteristics, yet linked and ‘smart contracts’ - computerized interoperable with main the Bitcoin automated processes which are triggered blockchain, allowing for the transfer of when certain predefined data is recorded assets between the two. in the blockchain. Cryptocurrency Ecosystem Legal Ecosystem Financial Ecosystem Companies developing National and international Regulated financial institutions & I n f r cryptographically secured digital authorities accepting and platforms exploring blockchain a s currencies and the means for implementing blockchain as technology as an alternative to tr u facilitating their use an official legal foundation, centralized & correspondent ctu r parallel to existing processes and payment processing e procedures Altcoins Authentication & Authorization Mortgages Exchanges Proof of Ownership (physical & digital assets) Forex Ap Mining E-identity Retail/Commercial Banks p lic ATMs Medical Information Trading & Markets a t Debt cards Cybersecurity Central Banks io Payment Processing Real Estate Credit Card issuers ns P2P IP Money Transfer Operators 9
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