In this talk in Berlin, Andreas looks at the inner structure of bitcoin and how high-level financial and trust applications are composed from smaller elements. Using analogies from Lego blocks to a chef creating new recipes, this talk highlights the connection between creativity and the flexibility offered by fine-grained components.

Keywords/phrases: Banks as software engineering companies using old vs. new financial technology. Banks adapting and transforming to digital currencies. Comparison of banks and phone companies/ internet service providers.