Z E H A D Y A B D U L L A H K H A N

BITCOIN IDEAS

GREE INTERNATIONAL MONEY TRANSFER

Sender

Mobile

Application

Client

Credit card +

Bank Account

+

Paypal etc

Source

Region

Target

Region

Receiver

Mobile

Application

BitcoinNetwork

Low Transaction

Fee

GREE

PayPal

Account

+

Bank

Account

Buy Bitcoin

From

Exchange

Target Region

Bank

Transfer

or

Others

Exchange of Bitcoin for

Local Currency

Money Transfer via Bitcoin

Bitcoin

Mining

送金手数料 (1000$ ごと)

Paypal 4% + 2.5% + 1-3% = 7.5 – 9.5% Bank -> Paypal

->Paypal -> Currency

Exchange -> Bank

Wire Transfer

GREE MOBILE BANKING

GREE MOBILE BANKING

• Build GREE banking service for the developing

country in Africa, Asia.

BITCOIN WALLET SERVICE

• Markets, companies interested to receive Bitcoin.

REWARD SYSTEMIN INTERACTIVE LEARNING

• User Interface to learn• Video• Audio• Question Answering etc.

• Reward• Things e.g. toys, tickets, money etc.

• Bitcoin• Self reward• Tips

• What’s different as the total reward is known?• Quantifying tasks.• Fractional incentive.• Per task incentive• Task priority.• Psychological aspect.• Further reward.

BETS WITH BITCOIN

• Real issue, sports based betting.

• bitopinion.

TIPS BASED SYSTEM

• Micro Payments.

• Q & A tipping system

• Yahoo Answers

11

tx 1

tx 3 tx 1

tx n

tx 2

…

Transaction Pool

Bitcoin Mining

Public Ledger

(Public transaction

Book)Registration

HOW BITCOIN NETWORK WORKS?

25 BTC

Reward

tx

1tx

3

…

2009

2014

tx

1

tx

3Bitcoin Mining

3741232432349

44553345654

Bitcoin Block

tx

1

tx

3

Secret

Number

tx

1tx

3

THE END

BITCOIN SENTIMENT ANALYSIS

• NOOJ

• Senticator

• Other linguistics analysis engine.

BITCOIN FUTURE E-COMMERCE

• Privacy upgrades (better block chain obfuscation)• Dispute mediation• Temporary "authorize and hold" type transactions, as sometimes are done with credit cards by hotels/car rental firms/etc• Subscriptions• Better support for tipping in service industries• Security upgrades:• Being able to receive money directly to a threshold signed "account" so business funds can't be easily embezzled.• Tackling viruses that may be on your computer• Ability to temporarily extend a corporate identity to employees, e.g. waiters could use their smartphone to obtain a 24-hour

certificate allowing them to request money as Starbucks Inc, and then at the end of the day that authorization expires.• Marking transactions with a "You saved $X by using Bitcoin!" so merchants can pass on some of the savings from avoiding

credit card fees, and users wallets can show them a running total of how much money they saved. It's just a neat little psychological trick but I think it'd be cool to see the money you earned by using Bitcoin clock upwards every time you use it.

• Merchant-pays-fee, which would simplify some things for end users. At the moment network fees (though very small) end up being paid by the sender of the money, which can result in weird looking balances and amounts.

• Sending transactions directly by Bluetooth, so you can make purchases without a working internet connection• Automatic, interaction-less payments to trusted merchants. For instance if you walk into a Starbucks, you don't worry that

they're going to scam you because their brand is worth more than that. You can configure your smartphone to just automatically pay whatever they request, when they request it (up to a safety limit). Now you can just walk in, order a coffee and walk out, and nobody ever even has to mention money let alone reach into their pocket. The cashier entered your order on her screen, picked your face and first name from a list of people in the shop, your phone automatically woke up, talked to the tablet they're using, verified their identity via the payment protocol ... and paid them. Done.

• Social network integration, so payments show up as being to names/photos instead of addresses• Provable person to person payments, so you can sign payment requests with your e-Passport and someone else can prove

they sent you the money. Useful for reducing risk for in person cash trading (localbitcoins.com). Currently the payment protocol only supports verified identities for websites and email addresses, but it can be extended in future.

• Assisted calculations for tax returns, e.g. payments can be marked with VAT codes and then your wallet could automatically file the relevant paperwork for you.

• Smart property

THE TRUE VALUE OF BITCOIN

• It eliminates labor in financial transaction.

• It eliminates labor in conflict resolution.

• It eliminates labor in things like wills.

• It eliminates labor in accounting.

• It eliminates labor in lending.

• It eliminates labor in Initial public offering e.g. going

public.