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Business and Employment EFT. Tim Hanewich. Flowchart. Process. Transaction placed Block Chain Confirmation Private Key Signature Transfer Bitcoin. Device #1 – Smartphone (input). http://phoneappsmag.wordpress.com/2011/12/20/tips-and-tools-for-a-sparkling-clean-smartphone/.

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Presentation Transcript
process
Process
  • Transaction placed
  • Block Chain Confirmation
  • Private Key Signature
  • Transfer Bitcoin
device 1 smartphone input
Device #1 – Smartphone (input)

http://phoneappsmag.wordpress.com/2011/12/20/tips-and-tools-for-a-sparkling-clean-smartphone/

device 2 digital application processing
Device #2 – Digital Application (Processing)

http://crunchmodo.com/top-20-best-smartphone-you-can-buy/

device 3 block chain processing
Device #3 – Block Chain (Processing)

http://www.zazzle.com/bitcoin_key_chain-146265307377718216

device 4 private key
Device #4 – Private Key

http://n2liquid.wordpress.com/2013/03/09/redeeming-of-a-casascius-coin-aka-physical-bitcoin/

device 5 personal computer
Device #5 – Personal Computer

http://warside24.com/?p=471

software image
Software Image

http://warside24.com/?p=471

software explanation
Software Explanation
  • Convenient
  • Easy
  • Portable
  • Reliable

http://warside24.com/?p=471

stakeholder advantage ease of access for users
Stakeholder Advantage – Ease of Access for Users

http://www.bitterwallet.com/104-year-old-twitter-woman-just-a-pawn-in-a-pr-game/11881

stakeholder advantage chance of disaster for users
Stakeholder Advantage – Chance of Disaster for Users

http://www.bitterwallet.com/104-year-old-twitter-woman-just-a-pawn-in-a-pr-game/11881

stakeholder advantage 2 money supply regulation
Stakeholder Advantage #2 – Money Supply Regulation

http://www.frontpagemag.com/2014/dgreenfield/obamas-appeasement-leads-to-war/

stakeholder advantage 2 counterfiet possibilities
Stakeholder Advantage #2 – Counterfiet Possibilities

http://www.frontpagemag.com/2014/dgreenfield/obamas-appeasement-leads-to-war/

ethical concern 1 picture integrity
Ethical Concern #1 Picture - Integrity

http://davetutin.com/my-feelings-about-romney-in-a-nutshell/

ethical concern 1 integrity
Ethical Concern #1 - Integrity
  • Hackers of the Bitcoin?
  • Who has access?

http://davetutin.com/my-feelings-about-romney-in-a-nutshell/

ethical concern 2 picture reliability
Ethical Concern #2 Picture - Reliability

http://commons.wikimedia.org/wiki/File:Reliability_and_validity.svg

ethical concern 2 reliability
Ethical Concern #2 - Reliability
  • How well will the Bitcoin function in the economy?
  • Possible Issues

http://commons.wikimedia.org/wiki/File:Reliability_and_validity.svg

ethical concern 3 picture security
Ethical Concern #3 Picture -Security

http://ww2.cfo.com/technology/2013/11/finding-cyber-security-weak-spots/

ethical concern 3 picture security1
Ethical Concern #3 Picture -Security
  • Currency Protection
  • Confidence in currency

http://ww2.cfo.com/technology/2013/11/finding-cyber-security-weak-spots/

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