iota - tokyo meetup 2017-11-09

Today’s Agenda

- Launching IOTA Meetups across Japan

- What is IOTA?

- IOTA Co-Founders Perspective

- Sample Use Case

- Discussion: Community Interest Groups

Japan IOTA MeetupsTokyo (102/146)

- First Meetup – November 9

- nakamo.to – December 14

Osaka (18/19)

Fukuoka (15/16)

Sapporo (-/5)

Nagoya (-/7)

- Possible Meetup – November 13

Note: membership numbers as of October 31, and November 9

IOTA Tokyo Meetup TeamNorbert Gehrke

Senior Strategist, AIG Japan Holdings

20 years in capital markets (GS, Barclays)

8+ years in Japan (out of the last 20 years)

Founder, Tokyo FinTech Meetup (670+ ppl)

NYU Adjunct Lecturer

Karsten Klein

Founder & CEO, KLEIN K.K. Advisory Services

University of Cambridge, Ph.D. Engineering

Risk Management in Capital Markets &

Insurance (Lehman, UBS, Nomura, NN)

Cyber Risk

13+ years in Japan

Hiroyasu Nohata

Chief Information Officer, Kaula Inc.

University of Tokyo, Engineering/Computing

Career in Software, Sales & Marketing

10 years with Sun Microsystems

~60 years in Japan ☺

Jules Dourlens

Co-Founder, kumabits.com

EPITECH, MSc Computer Science

Blockchain and Web Engineer

2+ years in Japan

IOTA Regional Meetup TeamKatsuji Okamoto (Osaka)

Chief Executive Officer, Kaula Inc.

Tokyo Denki University, Electric & Comms

Carer in Software, Sales & Marketing

Sun Microsystems, PeopleSoft,

Documentum, Cognos

Joel DeJesus (Sapporo)

Founder, E-Flamingo LLC

University of Florida, Mathematics (B.S.) and

Finance (M.S.)

Bitcoin hardware manufacturing

Creator of a “BTM” (paper wallet)

11+ years in Japan

Kenichi Kuromoto (Fukuoka)

Chief Executive Officer, Nayuta

University of Kyoto, Mechanical Physics

Career in hardware & software dev

Sensor network application development

Previously LSI Design at Sony

IOTA Co-Founders Perspective

- Basics

- IOTA’s Tangle is a significant leap forward from blockchain

- Blockchain itself is still very much experimental technology

- IOTA is beta software in continuous production

- Use common sense

- Maturity

- USD 10m dedicated to building the ecosystem

- Bug bounty

- Refer to the development roadmap

- Coordinator

- Required for 34% attack prevention

Source: https://blog.iota.org/the-transparency-compendium-26aa5bb8e260

Sample Use Case

Source: https://medium.com/@harmvandenbrink/how-elaadnl-built-a-poc-charge-station-running-fully-on-iota-and-iota-only-e16ed4c4d4d5

Discussion: Interest Groups

- Functional Working Group

- Problem statements

- Use case development

- Technical Working Group

- Teach people how to use IOTA

- Build prototypes

- Hackathon?

- Community Management Group

- Connectivity across Japan locations

- Grow the membership

- Event ideas, logistics management

- Sponsorship engagement

Source: https://blog.iota.org/the-transparency-compendium-26aa5bb8e260

IOTA,Another blockchain?

Jules Dourlensjules@kumabits.com

Decentralized≠Blockchain

Decentralized applications

File storage

Ledgers

Databases

Ledgers

Ethereum

Ledgers

BitcoinRipple

IOTA

Blockchains

Blockchain & IOT

Weight

Blockchain & IOT

Weight Cost

Blockchain & IOT

Weight Cost Time

IOTA and the TangleDirected Acyclic Graph

The Tangle

New transaction

Markov Chain Monte Carlo Algorithm

Proof of work

Transaction confirmation

Scalability Transactions per minutes

Tim

e

Tangle

Scalability Transactions per minutes

Tim

e

blockchain

Tangle

Cost Transactions per minutes

Cos

t per

tran

sact

ion

blockchain

Cost Transactions per minutes

Cos

t per

tran

sact

ion

blockchain

Tangle

Future

Adoption

Security

New

ThanksEveryone