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Tapscott Alex - Blockchain revolution: how the technology behind bitcoin is changing money, business, and the world

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Tapscott Alex Blockchain revolution: how the technology behind bitcoin is changing money, business, and the world
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The Internet as we know it is great for collaboration and communication, but is deeply flawed when it comes to commerce and privacy. The new blockchain technology facilitates peer-to-peer transactions without any intermediary such as a bank or governing body. Keeping the users information anonymous, the blockchain validates and keeps a permanent public record of all transactions. That means that your personal information is private and secure, while all activity is transparent and incorruptible--reconciled by mass collaboration and stored in code on a digital ledger. With its advent, we will not need to trust each other in the traditional sense, because trust is built into the system itself.;Part I: Say you want a revolution. 1. The trust protocol -- 2. Bootstrapping the future: seven design principles of the blockchain economy -- Part II: Transformations. 3. Reinventing financial services -- 4. Re-architecting the firm: the core and the edges -- 5. New business models: making it rain on the blockchain -- 6. the ledger of things: animating the physical world -- 7. Solving the prosperity paradox: economic inclusion and entrepreneurship -- 8. Rebuilding government and democracy -- 9. Freeing culture on the blockchain: music to our ears -- Part III: Promise and peril. 10. Overcoming showstoppers: ten implementation challenges -- 11. Leadership for the next era.

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ALSO BY

Don Tapscott

Paradigm Shift: The New Promise of Information Technology (1993)
Coauthor, Art Caston

The Digital Economy: Promise and Peril in the Age of Networked Intelligence (1995)

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)
Coauthors, David Ticoll and Alex Lowy

The Naked Corporation: How the Age of Transparency Will Revolutionize Business (2003)
Coauthor, David Ticoll

Wikinomics: How Mass Collaboration Changes Everything (2006)
Coauthor, Anthony D. Williams

Grown Up Digital: How the Net Generation Is Changing the World (2008)

Macrowikinomics: New Solutions for a Connected Planet (2010)
Coauthor, Anthony D. Williams

An imprint of Penguin Random House LLC 375 Hudson Street New York New York - photo 1

An imprint of Penguin Random House LLC 375 Hudson Street New York New York - photo 2 An imprint of Penguin Random House LLC 375 Hudson Street New York, New York 10014 Copyright 2016 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: 9781101980132 International edition ISBN: 9780399564062 ISBN: 9781101980156 (ebook) 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 Web sites or their content. Version_1 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. Blockchain Revolution 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 Blockchain Revolution 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.

Frank DSouza, CEO, Cognizant

Identifies a profound new technology movement and connects it to the deepest of human needs: trust. Thoroughly researched and provocatively written. Every serious businessperson and policy maker needs to read Blockchain Revolution .

Brian Fetherstonhaugh, Chairman and CEO, OgilvyOne Worldwide

Blockchain Revolution sets the table for a wave of technological advancement that is only just beginning.

Frank Brown, Managing Director and Chief Operating Office, General Atlantic

A must read. Youll gain a deep understanding of why the blockchain is quickly becoming one of the most important emerging technologies since the Internet.

Brian Forde, Director of Digital Currency Initiative, MIT Media Lab

Blockchain technology has the potential to revolutionize industry, finance, and governmenta must read for anyone interested in the future of money and humanity.

Perianne Boring, Founder and President, Chamber of Digital Commerce

When generational technology changes the world in which we live, we are truly fortunate to have cartographers like Don Tapscott, and now his son Alex, to explain where were going.

Ray Lane, Managing Partner, GreatPoint Ventures; Partner Emeritus, Kleiner Perkins

Don and Alex have written the definitive guidebook for those trying to navigate this new and promising frontier.

Benjamin Lawsky, Former Superintendent of Financial Services, State of New York; CEO of The Lawsky Group

Blockchain Revolution is an illuminating, critically important manifesto for the next digital age.

Dan Pontefract, author of The Purpose Effect ; Chief Envisioner, TELUS

The most well-researched, thorough, and insightful book on the most exciting new technology since the Internet. A work of exceptional clarity and astonishingly broad and deep insight.

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