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Dominic Barton Global Managing Director, McKinsey & Company A masterpiece.more flag Like see review Whereas there is basically one world wide web, there are What is the blockchain? Unlike the Internet, where information is stored on the servers of Google, Amazon, Microsoft and the like, the information that is the foundation of the blockchain phenomena exists within a distributed networkAnd the revolution it touts is one made possible by blockchain, the digital ledger technology behind bitcoin thats making transactions instant, secure, and resistant to fraudI have to confess, I quit reading the bo I should have known what to expect with this book and I'm angry at myself for buying it (although, I feel some small satisfaction that I did get the cheaper kindle version)And it supports entrepreneurship and participation in global tradeIn just two weeks, it raised $160 million in a crowdfunding sale that was more than 10 times larger than the previous top crowdfund.Ben Lawsky quit his job as the superintendent of financial services for New York State to build an advisory company in this spaceWe’re enthusiastic about the massive wave of innovation that it is being unleashed and its potential for prosperity and a better world
Bitcoin’s price has fluctuated drastically, and the ownership of bitcoins is still concentratedThe financial services industry has already rebranded and privatized blockchain technology, referring to it as distributed ledger technology, in an attempt to reconcile the best of bitcoin -- security, speed, and cost -- with an entirely closed system that requires a bank or financial institution’s permission to useflag Like see review This book is our case to you to become interested, understand this next wave, and take action to ensure that the promise is fulfilled.So hang on to your seat and read on! We’re at one of those critical junctures in human historyIt should have been called how the technology behind bitcoin COULD BE.This book has a lot of future looking statementsJul 23, 2016 Todd Allen rated it liked it What is the blockchain? Unlike the Internet, where information is stored on the servers of Google, Amazon, Microsoft and the like, the information that is the foundation of the blockchain phenomena exists within a distributed networkIf you can get past his obvious left-leaning political and social messages, there are a I received this book for free through a Goodreads GiveawayI could not finish this bookWould recommend only as a skim read
NextLatest Articles by the Authors WEF Report: Realizing the Potential of Blockchain Alex Tapscott and I wrote this report in collaboration with the world economic forum to provide to better self organize and govern these resources more effectivelyFeb 18, 2017 Helen rated it it was ok review of another edition Hard slog but overall a great place to start if you want a high level, at times, idealistic view of the futureAgain, I might have missed something important.This is an interesting book, and I'm glad I read it, but the dreamers' dreams were shy in the how-to departmentThey write: Much of the hype around blockchains has focused on theirKeeping the users information anonymous, the blockchain validates and keeps a permanent public record of all transactionsOn the pros and cons of a blockchain disruptionI don't need to point this out, but just because technology is tantalizing does not mean it is feasible
With the systems in place in the world seeming to be so entrenched and corrupt, this book did a great job of describing a legitimate way outThe book simply idealizes a future world with blockchain at the heart of everythingOne other negative would be his overwhelmingly positive attitude towards blockchain technologiesI liked a lot chapter 5 on new business models and chapter 6 on the synergies of Blockchain and the Internet of Th This book is a must read to understand and have ideas on all the promises of the Blockchain Technology and what is already being done today with it.more flag Like see review Jul 29, 2016 Trevor Bramble rated it did not like it I skipped large chunks of this book because there's only so much breathless, exuberant techno-utopianism that one can stomachI doubt I will ever finish it.Well, I didn't learn what I wanted toImogen Heaps platform Mycelia uses blockchain to imbue songs with royalties and licensing informationso with each play, the song knows automatically whom to pay and how much without a third party 07f867cfac