Crypto ▲ Opinion ▲ 14 ▲ For the People, By the People

Crypto, For the People, By the People

How Blockchain Subverts Today’s Entrenched Power Structures

By:  Gabriel Dusil, co-Founder & General Manager,
Adel Ecosystem Ltd.
&:  John McLeod, Founder,
JEA Associates Ltd.

Mankind has been shaped by borders, whether physical, geographical, technological or financial. Societies have found ways to structure themselves into coherent and ordered blocks. Over the last few centuries empires have risen and fallen, wars have been waged and physical borders have moved. Governments, institutions and multi-lateral structures underpinning political and financial borders have remained intact.

The financial crash of 2008 shook public confidence in banks and government-backed financial institutions that saw billions of dollars, euros, and pounds spent on shoring up the financial system through quantitative easing. Public confidence in financial institutions and governments was at an all-time low. It is no coincidence that Bitcoin emerged out of this economic crisis where traditional institutions failed. A viable alternative was needed without the oversight of big-brother.

Blockchain services undermine traditional forms of governance because it’s decentralized and its users are typically anonymous. This assumes impunity from government and central banks. Anonymous actors are micro components of a growing ecosystem. To date, this crypto sphere has been relatively left untouched by the authorities of the “real-world”, where regulation typically lags innovation.

This raises real questions about how crypto’s services should be managed. Techno-libertarians envision utopian self-regulation, with codified rules that evolve with the technology. Anyone who denies these programmatic rules essentially forfeits their right to participate in this space. Crypto-anarchists envision a free-rule zone for blockchain businesses and unconstrained virtual currency commerce. Within this zone, blockchain businesses would operate free from government intervention and regulation. Bitcoin is essentially a sandbox experiment that is demonstrating how crypto technologies will be successful and be applied to real-world scenarios.

Bitcoin is a sandbox experiment,
demonstrating how crypto will be successful.

Whichever form it takes, blockchain technology will need to entertain the notion of regulatory oversight, for it to gain mainstream acceptance. For this to happen, both the public and private sectors should have a seat at the same table, to establish a common ground for governance and enforcement.

Creating and adopting an agreed set of standards requires consensus from all major stakeholders. Internet’s protocols (e.g. TCP/IP, HTML, and Java) took years before reaching mass adoption. But eventually, this was achieved through well-constructed and easy to implement standards. Crypto coders redefining their own product lifecycle to accelerate adoption by excluding the powers-that-be from the socio-economic power pyramid. For the time being, they are at the pinnacle of this power hierarchy, with governments, banks and even citizens treated as outsiders. But history has shown that closed solutions are not scalable, to the same potential as standards. Any developer can set the rules of their homegrown blockchain. Have the geeks inherited the earth?

We have reached a unique point where the traditional power brokers who normally put the brakes on disruptive technologies have been sidelined in favor of a newly defined crypto power hierarchy. Governments nor banks control the crypto sphere, but they maintain partial control of cyberspace and the real world. Within the isolated world of crypto, this hierarchy works, but if mass-market adoption is the plan then consensus with the brick and mortar world is needed. The open question is whether this is in the interest of crypto coders, miners, and service providers.

Who could have predicted the spectacular rise in the value of Bitcoin and Ethereum just five years ago? A 100 US$ investment in Bitcoin in 2013 would now be worth 7000 US$ today[i]. Satoshi Nakamoto could not have predicted the creation of nearly 4000 virtual currencies on CoinLib[ii] ten years after releasing his white paper and over 100 thousand token contracts[iii] on the Ethereum blockchain. Only a brave person can envisage what the next five years have in store. It is safe to conclude, however, that crypto has proved its detractors wrong and its potential benefits to humanity are vast. Interoperability, scalability, security, and ease of use for the average person are all questions that need to be answered.

For the first time in history, people have the potential to break down the traditional borders that have divided them, whether geographically, technologically or economically. Individuals are empowered to create crypto services free from government regulation or any other centralized authorities. We have currency for the people by the people, and of the people, only time will tell which direction it takes, and who shapes its future.

▲ Adel ▲ Opinions

If you liked this article and would like to read more in this series, then check them out here:

▲ 1 ▲ The Right Path to Funding Decentralized Organizations

▲ 2 ▲ The Next Evolution in Funding Innovation

▲ 3 ▲ A Philosophy for Blockchain Integrity

▲ 4 ▲ A Collaborative Blockchain Incubator

▲ 5 ▲ Blockchain Diversity & Passion

▲ 6 ▲ Blockchain Startup Expertise

▲ 7 ▲ Blockchain Portfolio Diversification

▲ 8 ▲ Blockchain Incubation to Employment

▲ 9 ▲ From Blockchain Innovation to Execution

▲ 10 ▲ Blockchain Will Transform Retail Lending

▲ 11 ▲ The Next Evolution in Crypto Trading

▲ 12 ▲ Crypto Trading for Everyone

▲ 13 ▲ Architecting Crypto Financial Instruments

▲ 14 ▲ Crypto, For the People, By the People

▲ 15 ▲ The Crypto Uprising

▲ 16 ▲ Blockchain’s Disruption in 2020 & Beyond

About the Authors

Gabriel is a sales and marketing expert with over 25 years in senior positions at Motorola, VeriSign (acquired by Symantec in 2010 for 1.250 billion US$), and SecureWorks (acquired by Dell in 2011 for 612 million US$), and Cognitive Security (acquired by Cisco in 2013 for 25 million US$). He is a blockchain entrepreneur, with strengths in international business strategy. Gabriel has a bachelor’s degree in Engineering Physics from McMaster University in Canada and expert knowledge in blockchain incubation, cloud computing, IT security, and video streaming, and Over the Top Content (OTT). Gabriel also runs his own company, Euro Tech Startups s.r.o., and manages a professional blog at https://dusil.com.

John McLeod

John has spent nearly a decade working for a number of leading public relations firms in London, focusing primarily on PR management in the financial services sector. John’s expertise includes blockchain technology and the evolution of cryptocurrencies in financial services. That’s why he recently founded his own consulting firm, JEA Associates Ltd., which is specifically positioned to communicate the value proposition of this burgeoning technology. John has spent the past year successfully executing campaigns for a digital currency consultancy, decentralized financial solutions, and online payments platforms.

About Adel

adel.io | Blockchain Agnostic Technology Incubator

Adel is a technology incubator for blockchain innovation. Our community collaborates on ideas and uses the AdelWiki™ to collectively create business plans. Members vote on projects and can become profit participates when they are launched. Expertise within the community brings mentoring, learning, and employment opportunities. Successful projects are re-invested for further growth or issued as rewards to members. Adel is blockchain agnostic and will harness the features of any open-ledger platform to showcase its potential. Our mission is to incubate projects that will positively change the world.

▲ Adelphoi | Digital Currency for Adel Ecosystem

Many virtual currencies are a utility or equity tokens on their corresponding blockchains. The Adelphoi (ADL) coin is different, in that it uses a comprehensive process of Idea2Project incubation, to fuel its own ecosystem.

References

[i] https://www.xe.com/currencycharts/?from=XBT&to=USD&view=1Y

[ii] https://coinlib.io/coins

[iii] https://etherscan.io/tokens?p=10

Gabriel Dusil • Information Technology • 3 • Oak Case Mod™

16.Jul.3 - Prague · Oak Case Mod™ (office desk, 2, smaller)

 20 minutes 5 seconds

• Creativity Inspiring Technology

  • This corporate server is the main workstation for Euro Tech Startups s.r.o. It’s mainly used to render client projects for 3D Motion Graphics. All data is completely mirrored, to ensure high -availability, and uses the motherboard’s RAID controller for improved data throughput performance. This computer is also used in photo restoration services. Restored photos are saved in uncompressed TIFF, and the process is recorded with video capture software.

• Build

  • The first day was focused mainly on preparing the workspace. Then I cut the side panels and fill the router grooves from a previous HiFi project. Next was routing grooves (6mm) needed for the rails that would hold the 20x 1TB hard drives.
  • The second day focused on drilling dowel holes, sanding the case, beveling the edges, and oiling the case. A Dremel was used to carve my signature into the front panel.
  • The third day was spent mounting the components, tie wrapping the cables, and general fixes. For example, I had mistakenly mounted the power supply upside down. So that needed to be fixed. Then the PC was booted for the first time.

• Snags

  • The first attempt at booting the case ran into a macro panic attack. As I turned on the power there was a spark and a zap from the motherboard! A seminal WTF moment for an IT geek! Dread set-in as a burning plastic filled the air, and I watched as a hint of smoke left my motherboard. Sweat ran down, “WTF did I do wrong?!” I wasn’t sure what had burnt-out, but I had seen the general location of the spark around the PCI-e slots. In any case, the PC still booted successfully. But over a series of future boots the PC would POST, but it wouldn’t make it past the Windows 10 spinning dots in the OS boot process. I tried countless restore points as well as switching my operating system SSD with my backup. Nothing worked. After six hours of no success I was exhausted and decided to call it a night.
  • As many PC geeks know too well – we hate going to bed when our PC’s aren’t working. But I thought maybe some rest may clear my mind and give me some new ideas. That night I actually dreamt of a few solutions; strip the whole PC to it’s bare components; buy a new video card; or start all over again and buy a new motherboard, CPU and RAM. That last option I was hoping to avoid since it meant scrapping a perfectly good Intel 4770 processor and 32GB of Corsair RAM, unless I could source a similar Z87 motherboard.
  • As I woke the next day I had the sinking realization of unfinished business with my PC broken. Rather than going through the arduous effort of striping the whole computer, I decided to start with the easiest step: the video card. The Asus Z87 Deluxe has built in video, so I removed the nVidia card and booted the machine using it’s onboard video. Success -Wow! I then closely examined the PCI-e 90 degree 16x 2U Riser and finally saw the culprit – a burnt capacitor!  In the end a $3 component was my problem. The boot process was getting stuck because it couldn’t communicate with the video card successfully, when it was trying to draw more data as it entered a higher graphics state.

16.May.11 - Prague · PC Case Oak Mod (90° Graphics riser card, 5, smaller)

 

• Inventory

  • 1x Motherboard • Asus Z87 Deluxe
  • 2x RAM 8GB Corsair Vengeance
  • 2x RAM 8GB Corsair Dominator
  • 1x CPU Intel i7-4770K processor
  • 1x CPU closed-loop water cooler Corsair Cooling Hydro Series H100i GTX
  • 1x Graphics car•  Gigabyte Windforce nVidia GTX770
  • 1x PCI-x 16x Riser 90⁰ 2U (to turn the graphics card 90° degrees, so that it is oriented flat against the case)
  • 1x Power Supply • Corsair HX1000i
  • 4x SATA controllers HighPoint Rocket 620
  • 20x Hard Drive fans Scythe Ita Kaze
  • 1x Hard Drive Samsung 1TB 850 Evo SSD (for the operating system)
  • 1x Hard Drive Western Digital Green WD60EZRX, 6TB, 64MB Cache SATA 6.0Gb/s, 3.5″, 7200 RPM (for 3D motion graphics)
  • 19x Hard Drive Seagate 1TB, 3.5″ Internal SATA Hard Drive, 6.0Gb/s, 64MB Cache, 7200 RPM. These are refurbished drives to keep the price low and to test the overall concept of the multi-drive design goal (used for client projects, mirrored backups, and personal files)
  • 2x Wood Panels 50cm x 50cm x 4cm Oak
  • 5x Wood Brackets 42mm diameter x 18cm Indonesian Tamarind
  • 160x brass spacers 6mm diameter x 10mm (for spacing the hard drives between the wooden panels)
  • 80x brass washers 15mm diameter (between the brass spacers)

Oak Case Mod™

If you missed the first part of this project, you can find the link here:

If you like this post, please leave a comment below.

Gabriel Dusil • Information Technology • 2 • Oak Case Mod™

16.May.7 - Prague · Oak Case Mod™ (2, smaller)

 

• Design • Form

• For years I struggled with integrating traditional PC cases. I never had enough room at the back to plug my devices. Under my desk the tower was cramped, and every time I needed to service a component my heart sank, contemplating going back there. I usually couldn’t move the PC because of the abundance of cables prevented any rotating or tilting. I hated plugging in SATA drives or USB devices when I couldn’t see the port and I needed to guess it’s orientation.

• Design • Function

• A compact design was important. In consumer and industrial PC cases it’s rare to find a case that holds more than 8 hard drives. This case needed to hold 20 hard drives within the confines of a standard PC tower. Also, the case would only accommodate modern components. So no need for a DVD or BluRay drive.

• No screws were used in the core construction of the Oak Case Mod™. The main structural dowels are hidden from view, and the only hole necessary is for routing cables. I was inspired by the design principles of wood craftsmen that built their art such that the structure holds together by the design itself. In this way it could easily be taken apart without an tools.

• All ports needed to be easily accessible, including USB, SATA, Ethernet, audio cables, power, and internal cabling, hard drives, and motherboard. For this reason, the entire motherboard orientation is rotated 180⁰ from traditional case designs, so that all ports face the front.

• Design • Quiet

• The case design needed to be silent and cool.  With a measured room temperature of 22°C all component temperatures are continually measured using Corsair Link:

  1. Hard drive •  This open concept allows all components to ‘breath’. Each hard drive has their own fan – a Scythe Ita Kaze, spinning at 1,000rpm (rated at 14.5 dBA). Temperatures range between 30°C – 44°C. 
  2. Graphics Processor Unit (GPU) • a Gigabyte Windforce GTX 770 video card is used, with fans spinning at 700 rpm to 800 rpm and maintaining a GPU temperature of 28°C – 40°C. During Cinema 4D rendering, the GPU fan spins at 1,200rpm to 1,400rpm with temperatures between 50°C – 52°C.
  3. Power supply • a Corsair HX1000i is the PSU, and it’s completely silent. The fan does not spin under standard working conditions,. Nor does it spin when the CPU is running at 100% utilization, when encoding 3D motion graphics or videos.
  4. Motherboard • Temperatures range between 26°C – 40°C.  Under 100% load the motherboard ranges between 28°C – 60°C
  5. CPU cooling • This design accommodates a double length 280mm long CPU closed-loop water cooling radiator, ensuring that CPU cooling is maximized (without venturing into custom water-cooling territory).  The Corsair Cooling Hydro Series H100i GTX is a CPU water cooler with its fans spinning between 1,000rpm and 1,300rpm. They maintain a CPU temperature between 36°C – 40°C (between all 4 cores) under normal working conditions. Under 100% load, CPU load temperatures range between  58°C and 64°C with the Hydro fan speeds from 1,100rpm to 2,000rpm.

• Design • Beautiful

• The reason for choosing Oak as a base material was inspired by my new company Euro Tech Startups where our motto is Creatively Inspiring Technology. I wanted to combine beauty and technological excellence in this Oak Case Mod™. The case also aesthetically matches my office desk, built out of 4cm thick solid walnut, and follows the same design principles. It’s all about merging art and technology.

Oak Case Mod™

If you missed the first part of this project, you can find the link here:

If you like this post, please leave a comment below.

Gabriel Dusil • Information Technology • 1 • Oak Case Mod™

16.May.7 - Prague · Oak Case Mod™ (1, smaller)

 

 1 minute 3 seconds

• Introduction

  • I’ve been building custom PC’s for over twenty years. This iteration began back in 2003 as a Home Theatre PC (HTPC) project, and has evolved significantly. It’s now my work computer, home PC, and entertainment center. Over the years all components have been upgraded again and again. Last year I decided to do away with the computer case completely, and layout all components in an open concept. It was mainly to help with accessibility to all components, and to keep them as cool as possible. I found that the constraints of a standard PC tower tended to act as a convection oven, regardless of how well I tweaked the fans. In an open concept the hard drives and motherboard had easy access to the natural flow of ambient air.
  • But it quickly turned into a mess. Cables were everywhere and it was embarrassing to look at. Friends and family would visit and basically ask, “What is that monstrosity?” So I began to look around the Internet for a suitable PC case. One approach was an industrial or rack mount solution. But that added new complications in space, noise and aesthetics. There was nothing practical that accommodated a design that supported at least 20 hard drives – that was my gating factor. So I decided to build one instead. I wanted to demonstrate how far a standard PC and motherboard could go – The ability to accommodate an enterprise level storage system in the size of a desktop tower. Even though I use 1TB hard drives, it was important in this experiment to prove that storage scalability can be built at a consumer level, and still look pretty.

• Production

  • This is the first part in a pair of blog posts that outline my design goals, and the entire process leading to the final product. I hope it inspires other builders with new and innovative designs. Enjoy!
  • In this motion graphic we animated the end-to-end production of the Oak Case Mod™. It demonstrates how motion graphics can not only be used for precision photo realistic 3D modelling, but all elements of the creative process can also be animated in a wicked video.

• Contact Us

  • Do you want a 3D model of your new idea to test your design and validate your specifications?
  • Are you interested in a sensational 3D video to showcase your products?
  • Would you like to use 3D motion graphics to animate the unique design of your product?

If you are interested in creating your own 3D product animation, contact us today for a quote: g@eurostartups.tech.

If you like this post, please leave a comment below.

Oak Case Mod™

If you missed the first part of this project, you can find the link here:

If you like this post, please leave a comment below.

• Additional Projects

Here are quick links to some of our other videos and motion graphics projects:

Motion Graphics • 11 • Logo Reveal • aip.rocks

Logo - AiP (aip.rocks, Element version, enhanced)

This is our second promo video for our brand new escape game company. Check out our website at aip.rocks. We specialize in beta testing escape games. If you want an external opinion to your new escape game, contact us at gabi@aip.rocks.

Promotional Video Production

  • Need to inject some creativity into your company’s marketing materials?
  • Interested 3D and animated graphics to spice up your videos?
  • How about an artistic intro video for your social media channels?

If you’re interested in creating your own company promotional video, contact us today for a quote: g@eurostartups.tech.

Additional Projects

Here are quick links to some of our other motion graphic projects:

Motion Graphics • 10 • Company Promo • Outdoor Lifestyle Magazine

Story 3D Magazine outdoorlifestylemagazine.com (thumbnail)

This is our new magazine promo video for Outdoor Lifestyle Magazine.  This video is a visual example of showcasing a soon-to-be-released publication. This takes print to the web by utilizing various web and social media channels to generate excitement for the next issue.  It also opens new revenue opportunities, since the video can contain different content from the print publication, to promote premium paying advertisers. Enjoy, and feel free to comment below, if you like it!

Production

Customization options in this production include the following:

  • Video could be used in place of the images. For example, a video could stop on the static page, and reveal the featured article.
  • All text elements, images and sidebar can be animated.  For example, page elements can be built progressively, as if being designed by a Desktop Publisher (DTP).
  • Customization also includes changing the a) number of pages, b) theme colors, or c) changing the music. We’re happy to discuss any special requests as well.

Contact us Today

  • This type of video could be used as a “Year in Review” into the past 12 magazine issues, or a future “Special Edition”.
  • Publishers could generate advertising dollars by charging suppliers for ad placements in these videos, different than the print version. This could further highlight premium advertisers featured in these videos.
  • The Cost per impression (CPM) could be correlated and your outreach can be accurately measured through social media likes, Google statistics, YouTube data, blog views, and your own website.

If you are interested in creating your own magazine promotional videos, contact us today for a quote: g@eurostartups.tech.

Additional Projects

Here are quick links to some of our other videos and motion graphics projects:

Motion Graphics • 9 • Logo Reveal • aip.rocks

Logo - AiP (alpha in pajamas, radial wipe version)

Welcome to our latest motion graphics initiative. This service expands our portfolio into an exciting and creative direction. Here is a taste of what we are working on in promotional video production. We hope you like it!

This video was created to promote our new escape game website. We’re a team of gaming enthusiasts that evaluate Escape Games at the alpha, beta and final stages of production. We’re called Alphas in Pajamas, and you can check us out at aip.rocks.

Promotional Video Production

  • Do you want new and exciting visuals that catch the attention of your audience?
  • Are you interested in a breathtaking promo video to launch a new company, service or product?
  • Do you want engaging content for your website, exhibitions, or sales presentations?

If you’re interested in creating your own company promotional video, contact us today for a quote: g@eurostartups.tech.

Input • Items To Get You Started

If you are interested in your own logo reveal video, then here are a few things to consider:

  • Logo • We suggest starting by sending us a vector image of your logo in .ai adobe illustrator, .eps Encapsulated PostScript, or .svg Scalable Vector Graphics. A high resolution bitmap file (.jpg, .tif, .png, or .bmp) is also fine.
  • Images  Send us any photos or videos that you would like to include in the video.
  • Taglines • Does your company use a tagline or slogan that sums up your company’s vision and mission? We could use that in your promo video, if you want.
  • Location • Do you want to include your website or headquarter address in your video? Send us those details and we add them in.
  • Contact • Is there any other contact information you would like us to include such as contact names, job titles, email addresses, or phone numbers?
  • Tags • Do you use any tags (aka. metadata) to promote your company? This is important for Search Engine Optimization (aka. SEO), so that potential clients can find you on the internet. We also offer SEO services as part of our consultation. Let us know if you need help in this area.
  • Hashtags • Do you use any popular #hashtags to promote your web site and your services over social media? We also offer this as part of our service.

Output • What We’ll Deliver to You

  • Theme • Would you like a retro, modern, earthy, technological, animated, abstract, space, romantic, wedding, birthday, new years, movie, night club, or seasonal theme, etc.? You decide.
  • Type • 2D or 3D video? Looping or non-looping version (meaning that the beginning of the video and the end will match perfectly).
  • Length • A logo video is typically 8-20 seconds. But you can decide how long it should be.
  • Format • Do you want an .mp4, .mkv, or .avi container? lossless, H.265, H.264, MPEG4, or MPEG2? Too technical? Don’t worry, we’ll let you know which formats are best, depending on how you will use your video. We can even deliver the video with an alpha channel (meaning that the background is made transparent)?
  • Resolution • Do you want 4K UHD (3840×2160 pixels), HD (1920×1080 or 1280×720). We can even support legacy formats such as PAL (European analog TV standard) or NTSC (the American analog TV standard)? Or you can have all of them, if you wish.
  • Audio • Do you want background music? The tempo and mood would typically match with the theme you have chosen above. You choose.
  • Delivery • Depending on size, the video will be sent by email, or via Dropbox. But if you have a preferred method, then let us know.
  • Turnaround • This depends on the project workload, complexity, and our available resources at the time of your request. Typically we can deliver a logo video to you in four to ten working days.

Contact us Today

  • Interested in your own company promo video to spice up your website?
  • Need a compelling video that can loop continuously at an exhibition, conference, or speaking event?
  • Want to catch the attention of new clients using jaw dropping video effects, while staying within your budget?

If you are interested in creating your own company promotional videos, contact us today for a quote: g@eurotechstartups.com.

Additional Projects

Here are quick links to some of our other videos and motion graphics projects:

Motion Graphics • 8 • Company Promo • Ocular Security

EuroStartups.Tech - Oculus Technologies (Promo, 16.Apr, thumbnail)

Many information technology companies (IT) struggle with creating exciting and engaging presentations. They have content and ideas, but don’t have the internal expertise  or time to create a polished visual product. Many sales and marketing departments continue to rely on tried and tested tools such as PowerPoint. Unfortunately, in the corporate world, such presentations carry a negative stigma of overuse. “Death by PowerPoint” has become a go-to comment.

Why not start on a new canvas? It’s time to take corporate presentations to the next level:

  • Reinvigorate your presentations and make them exciting to watch.
  • Catapult your marketing and sales visuals to include animation, motion graphics, and special effects.
  • Communicate your ideas with captivating videos
  • Differentiate from your competitors, with Hollywood quality video that still fits within your corporate budget.

Promotional Video Production

In this is corporate promo video* we bring Hollywood quality to corporate marketing. The purpose for this video is to accelerate their sales efforts with a punchy and exciting promo. In marketing it is often said that, content is the cake. That would make the presentation its icing. It’s the delivery of the presentation that grabs the audience’s attention. With solid content the audience can be wowed with a backdrop of exciting imagery.

Sometimes the icing is the best part.

A Heads Up Display (aka. HUD) theme was used as the overall theme for this cyber security company’s messaging. It’s a suitable canvas that conveys the highest standard of excellence of their cyber security portfolio. All of the messaging, story-boarding, and elements were agreed with the owner and founder of the company.

*The actual name our client has been changed, to protect their confidentiality.

Contact us Today

  • Do your clients struggle to understand the technical complexities of your products or services?
  • Does your marketing department need help to present your ideas using modern animation and graphics?
  • Do your sales teams need visuals that communicate your services more effectively?

We understand technology. We’ll create stunning visuals so that business decision makers will sign on your bottom line. Contact us today and we will help you translate your portfolio into breathtaking visuals: g@eurostartups.tech.

Additional Projects

Here are quick links to some of our other videos and motion graphics projects: