ALSO BY
Don Tapscott
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Growing Up Digital: The Rise of the Net Generation (1997)
Who Knows: Safeguarding Your Privacy in a Networked World (1997)
Coauthor, Ann Cavoukian
Digital Capital: Harnessing the Power of Business Webs (2000)
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The Naked Corporation: How the Age of Transparency Will Revolutionize Business (2003)
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Wikinomics: How Mass Collaboration Changes Everything (2006)
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Grown Up Digital: How the Net Generation Is Changing the World (2008)
Macrowikinomics: New Solutions for a Connected Planet (2010)
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Portfolio/Penguin
An imprint of Penguin Random House LLC
375 Hudson Street
New York, New York 10014
Copyright 2016, 2018 by Don Tapscott and Alex Tapscott
Penguin supports copyright. Copyright fuels creativity, encourages diverse voices, promotes free speech, and creates a vibrant culture. Thank you for buying an authorized edition of this book and for complying with copyright laws by not reproducing, scanning, or distributing any part of it in any form without permission. You are supporting writers and allowing Penguin to continue to publish books for every reader.
ISBN 9781101980149 (trade paperback)
Library of Congress Cataloging-in-Publication Data
Names: Tapscott, Don, 1947 author | Tapscott, Alex, author.
Title: Blockchain revolution : how the technology behind bitcoin is changing money, business, and the world / Don Tapscott and Alex Tapscott.
Description: New York : Portfolio, [2016] | Includes bibliographical references and index.
Identifiers: LCCN 2016008427 (print) | LCCN 2016014933 (ebook) | ISBN 9781101980156 (ebook) | ISBN 9781101980132 (hardcover) | ISBN 9780399564062 (international edition)
Subjects: LCSH: Electronic funds transfers. | Bitcoin. | Electronic commerce. | Mobile commerce. | Banks and bankingTechnological innovations. | Financial institutionsTechnological innovations.
Classification: LCC HG1710 (ebook) | LCC HG1710.T385 2016 (print) | DDC 332.1/78dc23
LC record available at https://lccn.loc.gov/2016008427
First Portfolio/Penguin hardcover edition: May 2016
First Portfolio/Penguin trade paperback edition: June 2018
While the author has made every effort to provide accurate telephone numbers, Internet addresses, and other contact information at the time of publication, neither the publisher nor the author assumes any responsibility for errors, or for changes that occur after publication. Further, the publisher does not have any control over and does not assume any responsibility for author or third-party websites or their content.
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To Ana Lopes and Amy Welsman for enabling this book, and for understanding that its all about the blockchain.
A masterpiece. Gracefully dissects the potential of blockchain technology to take on todays most pressing global challenges.
Hernando De Soto, Economist and President, Institute for Liberty and Democracy, Peru
The blockchain is to trust as the Internet is to information. Like the original Internet, blockchain has potential to transform everything. Read this book and you will understand.
Joichi Ito, Director, MIT Media Lab
In this extraordinary journey to the frontiers of finance, the Tapscotts shed new light on the blockchain phenomenon and make a compelling case for why we all need to better understand its power and potential.
Dave McKay, President and CEO, Royal Bank of Canada
Deconstructs the promise and peril of the blockchain in a way that is at once accessible and erudite. BlockchainRevolution gives readers a privileged sneak peak at the future.
Alec Ross, author, The Industries of the Future
If ever there was a topic for demystification, blockchain is it. Together, the Tapscotts have achieved this comprehensively and in doing so have captured the excitement, the potential, and the importance of this topic to everyone.
Blythe Masters, CEO, Digital Asset Holdings
This is a book with the predictive quality of Orwells 1984 and the vision of Elon Musk. Read it or become extinct.
Tim Draper, Founder, Draper Associates, DFJ, and Draper University
Blockchain is a radical technological wave and, as he has done so often, Tapscott is out there, now with son Alex, surfing at dawn. Its quite a ride.
Yochai Benkler, Berkman Professor of Entrepreneurial Legal Studies, Harvard Law School
If you work in business or government, you need to understand the blockchain revolution. No one has written a more thoroughly researched or engaging book on this topic than Tapscott and Tapscott.
Erik Brynjolfsson, Professor at MIT; coauthor of The Second Machine Age
An indispensable and up-to-the-minute account of how the technology underlying bitcoin couldand shouldunleash the true potential of a digital economy for distributed prosperity.
Douglas Rushkoff, author of Present Shock and Throwing Rocks at the Google Bus
Technological change that used to develop over a generation now hits us in a relative blink of the eye, and no one tells this story better than the Tapscotts.
Eric Spiegel, President and CEO, Siemens USA
Few leaders push us to look around corners the way Don Tapscott does. With BlockchainRevolution he and his son Alex teach us, challenge us, and show us an entirely new way to think about the future.
Bill McDermott, CEO, SAP SE
Blockchain Revolution is a brilliant mix of history, technology, and sociology that covers all aspects of the blockchain protocolan invention that in time may prove as momentous as the invention of printing.
James Rickards, author of Currency Wars and The Death of Money
Blockchain Revolution serves as an atlas to the world of digital money, masterfully explaining the current landscape while simultaneously illuminating a path forward toward a more equitable, efficient, and connected global financial system.
Jim Breyer, CEO, Breyer Capital
Blockchain Revolution is the indispensable and definitive guide to this world-changing technology.
Jerry Brito, Executive Director, Coin Center
Incredible. Really incredible. The Tapscotts examination of the blockchain as a model for inclusion in an increasingly centralized world is both nuanced and extraordinary.
Steve Luczo, Chairman and CEO, Seagate Technology
Makes a powerful case for blockchains ability to increase transparency but also ensure privacy. In the authors words, The Internet of Things needs a Ledger of Things.
Chandra Chandrasekaran, CEO and Managing Director, Tata Consultancy Services
The epicenter of trust is about to diffuse! The definitive narrative on the revolutionary possibilities of a decentralized trust system.