A thought on Bitcoin, sperm and nukes

A thought on Bitcoin, sperm and nukes

Bitcoin runs on an open digital platform and system called blockchain invented by Satoshi Nakamoto specifically to enable another invention of his, Bitcoin.

Bitcoin gets it speed, simplicity and efficiency of transaction from blockchain. Bitcoin gets its trust, transparency and global reach from the blockchain system because each transaction must be validated and authenticated by every identity or node in the system, worldwide. If one node says ‘something wrong here’, the transaction halts.

The open source Blockchain system is structured such that it incentivizes good behaviour and is intolerant of foul play and is very scalable.

Any digital asset, including other currencies can run on the Blockchain ecosystem!

The challenges facing humanity’s sperm bank are eloquently explained by science writer Steven Kotler in his book Tomorrowland, pages 249 – 262.

In order to survive and thrive as intended, humanity’s sperm bank appears to require 3 things:

  • cradle to grave traceability and authentication of pertinent data including genetic markers of donor and sperm and the donor process;
  • anonymity for the donor;
  • A trusted self-enforcing limitation of the quantity of individual donor sperm batches allowed into the system, to ensure diversity in the gene pool.

Blockchain achieves all of this simply and effectively in a single system of records, organization, trust and self governance.

A batch of sperm is not digital but it does have a unique digital signature, therefore the digital signature of the sperm becomes the digital asset that can be managed and tracked throughout its lifecycle with Blockchain.

When a batch of sperm enters the sperm bank, a digital transaction is created just as with Bitcoin. All of the data associated with that batch is digitized and super compressed into metadata or a hash.

This hash includes everything except the donor’s identity and also has a unique digital signature. The hash is attached to the transaction which is then time stamped, validated and authenticated by the entire open ecosystem.

At each sequential event in a sperm batch lifecycle (I.e. impregnation, birth, health complication, end of life) a hash is created with the relevant data and added to the transaction chain in a new block. Again time stamped, validated and authenticated. The chain continues until the donor sperm life cycle has been terminated.

Cradle to grave authenticated traceable and transparent data and tracking on each batch of sperm that enters the sperm bank is not a challenge with a blockchain system. Neither is donor anonymity or birth cap triggers forcing donor and batch retirement from the system and sperm bank.

Nukes. Batches of plutonium also have a unique digital signature……

Anyhow, just a thought from a seasoned roughneck.

Resources:

California Cryonics: cryobank.com

Easy to understand audio-visual on how blockchain works: https://www.khanacademy.org/economics-finance-domain/core-finance/money-and-banking/bitcoin/v/bitcoin-security-of-transaction-block-chains

Article on the invention of blockchain: https://medium.com/@liamzebedee/the-invention-of-the-blockchain-fe25be0caebc

Article on blockchain and future of the global financial system: https://medium.com/@adamludwin/wall-street-meet-block-chain-b2747909eb90

Devon Gundy of chain.com being interviewed on blockchain: http://a36.ontraport.com/c/s/U9Q/Jlev/6/jv/aQW/68Ce3C/vkIPv7ZZEb

http://blog.chain.com

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